OTCPK:RKFL

Stock Analysis Report

Executive Summary

RocketFuel Blockchain, Inc. engages in the development of blockchain technology based check-out systems for the e-commerce industry.

Rewards

Became profitable this year

Risk Analysis

Less than 3 years of financial data is available

Shareholders have been diluted in the past year



Snowflake Analysis

Mediocre balance sheet with questionable track record.

Share Price & News

How has RocketFuel Blockchain's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RKFL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

RKFL

1.7%

US Software

1.5%

US Market


1 Year Return

n/a

RKFL

42.3%

US Software

20.1%

US Market

Return vs Industry: Insufficient data to determine how RKFL performed against the US Software industry.

Return vs Market: Insufficient data to determine how RKFL performed against the US Market.


Shareholder returns

RKFLIndustryMarket
7 Day0%1.7%1.5%
30 Day-2.2%7.7%1.4%
90 Dayn/a18.4%8.7%
1 Yearn/a43.9%42.3%22.7%20.1%
3 Yearn/a152.8%142.4%50.1%40.5%
5 Yearn/a224.7%201.5%73.1%54.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is RocketFuel Blockchain undervalued compared to its fair value and its price relative to the market?

62.27x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: RKFL is poor value based on its PE Ratio (62.3x) compared to the Software industry average (52.1x).

PE vs Market: RKFL is poor value based on its PE Ratio (62.3x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RKFL has negative assets, so we can't compare its PB Ratio to the US Software industry average.


Next Steps

Future Growth

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

11.4%

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 RocketFuel Blockchain 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

  • Take a look at our analysis of RKFL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • 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 RocketFuel Blockchain's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has RocketFuel Blockchain performed over the past 5 years?

24.2%

Historical Software annual earnings growth


Earnings and Revenue History

Quality Earnings: RKFL has high quality earnings.

Growing Profit Margin: RKFL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if RKFL's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare RKFL's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: RKFL 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: RKFL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is RocketFuel Blockchain's financial position?


Financial Position Analysis

Short Term Liabilities: RKFL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: RKFL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: RKFL is debt free.

Reducing Debt: RKFL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: RKFL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RKFL has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

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

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


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate RKFL'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 RKFL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RKFL'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 RKFL'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?


CEO

Gert Funk (54yo)

2.1yrs

Tenure

0

Mr. Gert Funk serves as Chairman of the Board and Chief Executive Officer of RocketFuel Blockchain, Inc. and serves as its Director. Mr. Funk serves as Chief Executive Officer of BigeFinancials A/S. Mr. Fu ...


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 been diluted in the past year, with total shares outstanding growing by 32.2%.


Top Shareholders

Company Information

RocketFuel Blockchain, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RocketFuel Blockchain, Inc.
  • Ticker: RKFL
  • Exchange: OTCPK
  • Founded:
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$100.269m
  • Shares outstanding: 22.79m
  • Website: https://www.rocketfuelblockchain.com

Location

  • RocketFuel Blockchain, Inc.
  • 3651 Lindell Road
  • Suite D565
  • Las Vegas
  • Nevada
  • 89103
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RKFLOTCPK (Pink Sheets LLC)YesNew Common StockUSUSDJun 2018

Biography

RocketFuel Blockchain, Inc. engages in the development of blockchain technology based check-out systems for the e-commerce industry. The company is based in Las Vegas, Nevada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 01:38
End of Day Share Price2020/02/07 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.