Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
In this section, we usually try to help investors determine whether MGT Capital Investments is trading at an attractive price based on the cash flow it is expected to produce in the future. But as MGT Capital Investments has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
MGT Capital Investments. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
MGT Capital Investments's
is considered below, and whether this is a fair price.
Price based on past earnings
MGT Capital Investments's earnings available for a low price, and how does
this compare to other companies in the same industry?
MGT Capital Investments is not considered high growth as it is expected to be loss making for the next 1-3 years.
MGT Capital Investments's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
MGT Capital Investments's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
MGT Capital Investments
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
MGT Capital Investments's finances.
The net worth of a company is the difference between its assets and liabilities.
MGT Capital Investments's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
MGT Capital Investments has no long term commitments.
This treemap shows a more detailed breakdown of
MGT Capital Investments's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
MGT Capital Investments has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Robert B. Ladd, CFA, has been the President of MGT Capital Investments, Inc. since January 9, 2012 and served as its Interim Chief Financial Officer and Interim Treasurer since December 8, 2015 until February 2018. Mr. Ladd has been the Chief Executive Officer of MGT Capital Investments, Inc. since August 16, 2017. Mr. Ladd serves as the President and Managing Partner/Managing Member of Laddcap Value Advisors LLC. He is a Principal at Laddcap Value Partners LP. He serves as Interim Chief Executive Officer of Medicsight Limited. He served as Chief Executive Officer of MGT Capital Investments, Inc. since January 9, 2012 until November 2016. He served as an Interim Chief Executive Officer and Interim President of MGT Capital Investments, Inc. from February 2011 to January 9, 2012. He served as Interim Chief Executive Officer of Medicsight Limited since July 8, 2011. From 1992 to November 2002, Mr. Ladd was a portfolio manager for various high net worth clients of Neuberger Berman and served as its Managing Director from 2002 to 2003. He was a Securities Analyst at Neuberger from 1988 to 1992. He served as a Director of Pyxis Tankers Inc. He has been a Director of MGT Capital Investments, Inc. since December 13, 2010 and Non-Executive Director of Medicsight Limited since March 29, 2011. Mr. Ladd served as Director of InFocus Corporation (formerly, InFocus Systems, Inc.) from June 6, 2007 to May 2009. He served as an Independent Director of Delcath Systems, Inc. from October 2006 to July 3, 2012. He has earned his designation as a Chartered Financial Analyst in 1986. Mr. Ladd earned a B.S. degree in economics from the Wharton School, University of Pennsylvania and a M.B.A. from Northwestern University's Kellogg School of Management.
Robert's compensation has increased whilst company is loss making.
Robert's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the
MGT Capital Investments
management team in years:
The tenure for the MGT Capital Investments management team is about average.
CEO, President & Director
CFO, Treasurer & Secretary
Executive Vice President
Senior Vice President of Corporate Governance
Board of Directors Tenure
Average tenure and age of the
MGT Capital Investments
board of directors in years:
The tenure for the MGT Capital Investments board of directors is about average.
MGT Capital Investments, Inc. engages in bitcoin mining operations in the Wenatchee Valley area of central Washington. At March 30, 2018, it owned and operated approximately 500 miners located in a leased facility in Quincy, Washington; and 4,200 miners located in a leased facility in Sweden, as well as operated approximately 2,100 miners in the Sweden location. The company was founded in 1979 and is headquartered in Durham, North Carolina.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.