OTCPK:EXXB.F

Stock Analysis Report

Executive Summary

eXeBlock Technology Corporation develops and markets decentralized applications.

Rewards

PE ratio (36.8x) is below the Software industry average (52.1x)

Became profitable this year

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap ($3M)

Large one-off items impacting financial results



Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

How has eXeBlock Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EXXB.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-37.5%

EXXB.F

1.4%

US Software

0.06%

US Market


1 Year Return

25.0%

EXXB.F

43.7%

US Software

19.4%

US Market

Return vs Industry: EXXB.F exceeded the US Software industry which returned 42.3% over the past year.

Return vs Market: EXXB.F exceeded the US Market which returned 20.1% over the past year.


Shareholder returns

EXXB.FIndustryMarket
7 Day-37.5%1.4%0.06%
30 Day25.0%8.2%1.1%
90 Day-7.8%19.0%8.9%
1 Year25.0%25.0%45.2%43.7%21.9%19.4%
3 Yearn/a154.0%143.2%48.9%39.3%
5 Yearn/a224.9%201.4%71.9%53.1%

Price Volatility Vs. Market

How volatile is eXeBlock Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is eXeBlock Technology undervalued compared to its fair value and its price relative to the market?

26.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EXXB.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EXXB.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EXXB.F is good value based on its PE Ratio (36.8x) compared to the Software industry average (52.1x).

PE vs Market: EXXB.F is poor value based on its PE Ratio (36.8x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EXXB.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EXXB.F is good value based on its PB Ratio (2.1x) compared to the US Software industry average (6x).


Next Steps

Future Growth

How is eXeBlock Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.3%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as eXeBlock Technology has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has eXeBlock Technology performed over the past 5 years?

23.9%

Historical Software annual earnings growth


Earnings and Revenue History

Quality Earnings: EXXB.F has a large one-off gain of CA$1.1M impacting its November 30 2019 financial results.

Growing Profit Margin: EXXB.F became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: EXXB.F has become profitable over the past 5 years, growing earnings by 0% per year.

Accelerating Growth: EXXB.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EXXB.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (17.1%).


Return on Equity

High ROE: EXXB.F's Return on Equity (6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is eXeBlock Technology's financial position?


Financial Position Analysis

Short Term Liabilities: EXXB.F's short term assets (CA$1.5M) exceed its short term liabilities (CA$97.0K).

Long Term Liabilities: EXXB.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: EXXB.F is debt free.

Reducing Debt: EXXB.F has not had any debt for past 5 years.


Balance Sheet

Inventory Level: EXXB.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if EXXB.F's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: EXXB.F is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: EXXB.F is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is eXeBlock Technology's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate EXXB.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EXXB.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EXXB.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EXXB.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EXXB.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average board tenure


CEO

Ken Marshall 0

0.5yrs

Tenure

0

Mr. Ken Marshall serves as President and Chief Executive Officer at eXeBlock Technology Corporation since August 2019. He served as Vice President, General Manager and President of Atlantic Region at Roger ...


Board Members

NamePositionTenureCompensationOwnership
Ken Marshall
CEO, President & Director0.5yrsno datano data
Ian Klassen
Director2.4yrsCA$122.59kno data
Paul Thomson
Independent Director2.4yrsCA$44.54k1.36% CA$21.1k

2.4yrs

Average Tenure

Experienced Board: EXXB.F's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

eXeBlock Technology Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: eXeBlock Technology Corporation
  • Ticker: EXXB.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$2.059m
  • Listing Market Cap: CA$1.553m
  • Shares outstanding: 51.48m
  • Website: https://www.exeblock.com

Location

  • eXeBlock Technology Corporation
  • 1090 West Georgia Street
  • Suite 280
  • Vancouver
  • British Columbia
  • V6E 3V7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1DFDB (Deutsche Boerse AG)YesNew Common StockDEEURNov 2017
XBLKCNSX (Canadian National Stock Exchange)YesNew Common StockCACADNov 2017
EXXB.FOTCPK (Pink Sheets LLC)YesNew Common StockUSUSDNov 2017

Biography

eXeBlock Technology Corporation develops and markets decentralized applications. The company is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 02:29
End of Day Share Price2020/02/18 00:00
Earnings2019/11/30
Annual Earnings2019/08/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.