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Nodechain

OTCPK:NODC
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NODC
OTCPK
$2M
Market Cap
  1. Home
  2. US
  3. Software
Company description

Nodechain, Inc. engages in the digital cryptocurrency mining and transaction validation operations. The last earnings update was 312 days ago. More info.


Add to Portfolio Compare Print
  • Nodechain has significant price volatility in the past 3 months.
NODC Share Price and Events
7 Day Returns
0%
OTCPK:NODC
1.7%
US IT
2%
US Market
1 Year Returns
-21.7%
OTCPK:NODC
25.1%
US IT
4.3%
US Market
NODC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nodechain (NODC) 0% 0% - -21.7% - -
US IT 1.7% 5.8% 10.7% 25.1% 103.2% 113%
US Market 2% 4.1% 4.2% 4.3% 43.9% 40.8%
1 Year Return vs Industry and Market
  • NODC underperformed the IT industry which returned 25.1% over the past year.
  • NODC underperformed the Market in United States of America which returned 4.3% over the past year.
Price Volatility
NODC
Industry
5yr Volatility vs Market

NODC Value

 Is Nodechain undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Nodechain. This is due to cash flow or dividend data being unavailable. The share price is $0.018.
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 Nodechain's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nodechain's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:NODC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $-0.15
OTCPK:NODC Share Price ** OTCPK (2019-06-13) in USD $0.02
United States of America IT Industry PE Ratio Median Figure of 77 Publicly-Listed IT Companies 35.73x
United States of America Market PE Ratio Median Figure of 3,095 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nodechain.

OTCPK:NODC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:NODC Share Price ÷ EPS (both in USD)

= 0.02 ÷ -0.15

-0.12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nodechain is loss making, we can't compare its value to the US IT industry average.
  • Nodechain is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Nodechain's expected growth come at a high price?
Raw Data
OTCPK:NODC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America IT Industry PEG Ratio Median Figure of 66 Publicly-Listed IT Companies 2.53x
United States of America Market PEG Ratio Median Figure of 2,134 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Nodechain, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nodechain's assets?
Raw Data
OTCPK:NODC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $0.00
OTCPK:NODC Share Price * OTCPK (2019-06-13) in USD $0.02
United States of America IT Industry PB Ratio Median Figure of 128 Publicly-Listed IT Companies 4.35x
United States of America Market PB Ratio Median Figure of 5,255 Publicly-Listed Companies 1.8x
OTCPK:NODC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:NODC Share Price ÷ Book Value per Share (both in USD)

= 0.02 ÷ 0.00

27.19x

* Primary Listing of Nodechain.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nodechain is overvalued based on assets compared to the US IT industry average.
X
Value checks
We assess Nodechain's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Nodechain has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NODC Future Performance

 How is Nodechain expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Nodechain 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.7%
Expected IT industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nodechain expected to grow at an attractive rate?
  • Unable to compare Nodechain's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Nodechain's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Nodechain's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:NODC Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 16.7%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 10.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:NODC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:NODC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 0 0 -13
2018-03-31 0 0 -13
2017-12-31 0 0 0
2017-09-30 0 0 0
2017-06-30 0 0 -1
2017-03-31 0 0 -1
2016-12-31 0 -1
2016-09-30 0 0 -1
2016-06-30 0 0 0
2016-03-31 0 0 0
2015-12-31 0 0 0
2015-09-30 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Nodechain is high growth as no earnings estimate data is available.
  • Unable to determine if Nodechain is high growth as no revenue estimate data is available.
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.
Raw Data
OTCPK:NODC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Nodechain Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:NODC Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 -0.15
2018-03-31 -0.16
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 0.00
2016-03-31 0.00
2015-12-31 0.00
2015-09-30 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Nodechain will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Nodechain's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  2. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Nodechain's filings and announcements here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Nodechain's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nodechain has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NODC Past Performance

  How has Nodechain performed over the past 5 years?

  • Nodechain's last earnings update was 312 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Nodechain's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Nodechain does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Nodechain's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Nodechain's 1-year growth to the US IT industry average as it is not currently profitable.
Earnings and Revenue History
Nodechain's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nodechain Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:NODC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 0.06 -12.62 12.62
2018-03-31 0.04 -12.62 12.60
2017-12-31 0.01 -0.08 0.07
2017-09-30 -0.14 -0.09 0.02
2017-06-30 -0.09 -0.57 0.51
2017-03-31 -0.05 -0.60 0.54
2016-12-31 -0.57 0.54
2016-09-30 0.19 -0.56 0.60
2016-06-30 0.14 -0.06 0.10
2016-03-31 0.12 -0.04 0.09
2015-12-31 0.09 -0.06 0.09
2015-09-30 0.09 -0.06 0.08
2015-06-30 0.09 -0.06 0.07
2015-03-31 0.08 -0.04 0.05
2014-12-31 0.07 -0.03 0.03
2013-12-31 -0.01 0.01

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Nodechain has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Nodechain has efficiently used its assets last year compared to the US IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Nodechain improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Nodechain's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Nodechain 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.

Full details on the Past part of the Simply Wall St company analysis model.

NODC Health

 How is Nodechain's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Nodechain's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nodechain is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nodechain's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Nodechain'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Nodechain Company Filings, last reported 11 months ago.

OTCPK:NODC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 0.06 0.05 0.00
2018-03-31 0.06 0.05 0.00
2017-12-31 -0.04 0.06 0.00
2017-09-30 -0.02 0.05 0.00
2017-06-30 0.00 0.02 0.00
2017-03-31 0.00 0.03 0.00
2016-12-31 0.01 0.03 0.00
2016-09-30 0.02 0.03 0.00
2016-06-30 0.02 0.03 0.01
2016-03-31 -0.01 0.03 0.01
2015-12-31 -0.03 0.04 0.01
2015-09-30 -0.02 0.04 0.02
2015-06-30 -0.06 0.05 0.00
2015-03-31 -0.04 0.04 0.00
2014-12-31 -0.02 0.02 0.00
2013-12-31 0.00 0.00
  • Nodechain's level of debt (83.4%) compared to net worth is high (greater than 40%).
  • Unable to establish if Nodechain's debt level has increased without past 5-year debt data.
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.

  • Nodechain has less than a year of cash runway based on current free cash flow.
  • Nodechain has less than a year of cash runway if free cash flow continues to reduce at historical rates of -16.8% each year.
X
Financial health checks
We assess Nodechain's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nodechain has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NODC Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Nodechain dividends.
If you bought $2,000 of Nodechain shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Nodechain's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Nodechain's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:NODC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 1.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2012 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Nodechain has not reported any payouts.
  • Unable to verify if Nodechain's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Nodechain's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Nodechain has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Nodechain's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nodechain afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nodechain has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NODC Management

 What is the CEO of Nodechain's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Changzhi Shen
AGE 41
TENURE AS CEO 0.8 years
CEO Bio

Mr. Changzhi Shen has been Sole Director, President, Treasurer, Secretary & CEO Sole at Nodechain, Inc. since August 30, 2018. He has been Chief Executive Officer and Director at Shenzhen Maiguoer Network Technology Investment Co., Ltd since 2011 and is responsible for the growth strategy. Mr. Shen has over 15 years of work experience in the technology industry. He was the founder of Shenzhen Guangtai Technology Co., Ltd, where he worked from 2006 to 2011, mainly focusing on research and development of cutting-edge technologies. Before 2011, Mr. Shen worked in a Chinese-public technology company where he gained hands on experience.

CEO Compensation
  • Insufficient data for Changzhi to compare compensation growth.
  • Insufficient data for Changzhi to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Changzhi Shen

TITLE
CEO, President
AGE
41
TENURE
0.8 yrs
Board of Directors

Changzhi Shen

TITLE
CEO, President
AGE
41
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Nodechain's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nodechain has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NODC News

Simply Wall St News

NODC Company Info

Description

Nodechain, Inc. engages in the digital cryptocurrency mining and transaction validation operations. It is involved in the mining and discovery of Bitcoin and Ethereum cryptocurrencies. The company was formerly known as Vapetek, Inc. and changed its name to Nodechain, Inc. December 2017. The company was founded in 2013 and is based in Huntington Beach, California.

Details
Name: Nodechain, Inc.
NODC
Exchange: OTCPK
Founded: 2013
$1,534,050
85,225,000
Website: http://nodecha.in
Address: Nodechain, Inc.
5445 Oceanus Drive,
Suite 102,
Huntington Beach,
California, 92649,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK NODC Common Stock Pink Sheets LLC US USD 08. May 2017
Number of employees
Current staff
Staff numbers
2
Nodechain employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/25 01:06
End of day share price update: 2019/06/13 00:00
Last earnings filing: 2018/08/17
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.