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CRSS

Crossroads SystemsOTCPK:CRSS Stock Report

Market Cap

US$95.6m

7D

-4.5%

1Y

74.9%

Updated

27 Nov, 2021

Data

Company Financials
CRSS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends0/6

CRSS Stock Overview

Crossroads Systems, Inc., a holding company, focuses on investing in businesses that promote economic vitality and community development.

Crossroads Systems Competitors

HP

NYSE:HPQ

US$39.9b

NetApp

NasdaqGS:NTAP

US$19.8b

Quantum

NasdaqGM:QMCO

US$342.6m

Oracle

NYSE:ORCL

US$252.4b

Price History & Performance

Summary of all time highs, changes and price drops for Crossroads Systems
Historical stock prices
Current Share PriceUS$16.00
52 Week HighUS$68.45
52 Week LowUS$8.25
Beta1.77
1 Month Change-14.67%
3 Month Change-30.44%
1 Year Change74.86%
3 Year Change113.33%
5 Year Changen/a
Change since IPO255.56%

Recent News & Updates

Shareholder Returns

CRSSUS TechUS Market
7D-4.5%-2.1%-2.7%
1Y74.9%34.4%21.3%

Return vs Industry: CRSS exceeded the US Tech industry which returned 34.4% over the past year.

Return vs Market: CRSS exceeded the US Market which returned 21.3% over the past year.

Price Volatility

Is CRSS's price volatile compared to industry and market?
CRSS volatility
CRSS Average Weekly Movement9.7%
Tech Industry Average Movement9.7%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

Stable Share Price: CRSS is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: CRSS's weekly volatility has decreased from 22% to 10% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1996n/aEric Donnellyhttps://www.crossroads.com

Crossroads Systems, Inc., a holding company, focuses on investing in businesses that promote economic vitality and community development. The company, through its subsidiary, Capital Plus Financial, a certified community development financial institution and certified B-Corp, supports Hispanic homeownership with a long term and fixed rate single family mortgage product. Crossroads Systems, Inc. was founded in 1996 and is based in Dallas, Texas.

Crossroads Systems Fundamentals Summary

How do Crossroads Systems's earnings and revenue compare to its market cap?
CRSS fundamental statistics
Market CapUS$95.55m
Earnings (TTM)US$250.16m
Revenue (TTM)US$979.68m

0.4x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CRSS income statement (TTM)
RevenueUS$979.68m
Cost of RevenueUS$29.83m
Gross ProfitUS$949.85m
ExpensesUS$699.69m
EarningsUS$250.16m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)41.89
Gross Margin96.96%
Net Profit Margin25.53%
Debt/Equity Ratio10,611.3%

How did CRSS perform over the long term?

See historical performance and comparison

Valuation

Is Crossroads Systems undervalued compared to its fair value and its price relative to the market?

0.38x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: CRSS is good value based on its PE Ratio (0.4x) compared to the US Tech industry average (13.6x).

PE vs Market: CRSS is good value based on its PE Ratio (0.4x) compared to the US market (17.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CRSS's PB Ratio (2.2x) is in line with the US Tech industry average.


Future Growth

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

0.8%

Forecasted Tech 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 Crossroads Systems 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.


Past Performance

How has Crossroads Systems performed over the past 5 years?

88.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CRSS has a high level of non-cash earnings.

Growing Profit Margin: CRSS's current net profit margins (25.5%) are higher than last year (4.9%).


Past Earnings Growth Analysis

Earnings Trend: CRSS has become profitable over the past 5 years, growing earnings by 88.7% per year.

Accelerating Growth: CRSS's earnings growth over the past year (13463%) exceeds its 5-year average (88.7% per year).

Earnings vs Industry: CRSS earnings growth over the past year (13463%) exceeded the Tech industry 61.2%.


Return on Equity

High ROE: Whilst CRSS's Return on Equity (407.35%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is Crossroads Systems's financial position?


Financial Position Analysis

Short Term Liabilities: CRSS's short term assets ($602.7M) exceed its short term liabilities ($332.7M).

Long Term Liabilities: CRSS's short term assets ($602.7M) do not cover its long term liabilities ($6.5B).


Debt to Equity History and Analysis

Debt Level: CRSS's net debt to equity ratio (10137.9%) is considered high.

Reducing Debt: Insufficient data to determine if CRSS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CRSS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: CRSS's interest payments on its debt are well covered by EBIT (573.5x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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

4.1yrs

Average board tenure


CEO

Eric Donnelly (46 yo)

3.83yrs

Tenure

Mr. Eric Donnelly has been Director of InBankshares, Corp since 2018. Mr. Donnelly has been a Director of Crossroads Systems, Inc., since December 2017 and has been its Chief Executive Officer since Januar...


Board Members

Experienced Board: CRSS's board of directors are considered experienced (4.1 years average tenure).


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

Crossroads Systems, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Crossroads Systems, Inc.
  • Ticker: CRSS
  • Exchange: OTCPK
  • Founded: 1996
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$95.552m
  • Shares outstanding: 5.97m
  • Website: https://www.crossroads.com

Number of Employees


Location

  • Crossroads Systems, Inc.
  • 4514 Cole Avenue
  • Suite 1600
  • Dallas
  • Texas
  • 75205
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 23:07
End of Day Share Price2021/11/26 00:00
Earnings2021/07/31
Annual Earnings2020/10/31


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.