OTCPK:FARE

Stock Analysis Report

Executive Summary

World Moto, Inc. designs, manufactures, markets, and sells moto-meter products and services primarily in Thailand.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has World Moto's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

FARE

-0.08%

US Electronic

0.9%

US Market


1 Year Return

-50.0%

FARE

22.5%

US Electronic

16.8%

US Market

Return vs Industry: FARE underperformed the US Electronic industry which returned 22.5% over the past year.

Return vs Market: FARE underperformed the US Market which returned 16.8% over the past year.


Shareholder returns

FAREIndustryMarket
7 Day0%-0.08%0.9%
30 Day0%3.9%4.5%
90 Day0%11.6%6.2%
1 Year-50.0%-50.0%23.7%22.5%19.4%16.8%
3 Year-83.3%-83.3%48.7%44.6%47.5%38.0%
5 Year-99.6%-99.6%78.1%69.5%62.0%44.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is World Moto undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether World Moto is trading at an attractive price based on the cash flow it is expected to produce in the future. But as World Moto 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.


Next Steps

  • Take a look at our analysis of FARE’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through World Moto regulatory filings here.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

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

23.6%

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 World Moto 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 FARE’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 World Moto's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has World Moto performed over the past 5 years?

12.1%

Historical Tech annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, World Moto has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at World Moto's' management and board experience and expertise to assess their ability to deliver on their strategic promises.
  • 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 World Moto's filings and announcements here.
  • Explore strong past performing companies in the Tech industry.

Financial Health

How is World Moto's financial position?


In this section we usually analyse World Moto's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. World Moto has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of FARE’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.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when World Moto's financial data was last updated here.
  • Explore more healthy companies in the Tech industry.

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if FARE'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 FARE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

US$69k

CEO Compensation


CEO

Paul Giles (52yo)

7yrs

Tenure

US$69,166

Compensation

Mr. Paul Giles has been the Chief Executive Officer and President of World Moto Inc. since November 2012. Mr. Giles served as the Chief Executive Officer, President and Chief Financial Officer of Net Profi ...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD505.35K).

Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.


Insider Trading

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: Insufficient data to determine if shareholders have been diluted in the past year.


Management Team

  • Paul Giles (52yo)

    CEO, President & Director

    • Tenure: 7yrs
    • Compensation: US$69.17k
  • Chris Ziomkowski (48yo)

    CTO, Interim Secretary & Interim Treasurer

    • Tenure: 7yrs

Board Members

  • Paul Giles (52yo)

    CEO, President & Director

    • Tenure: 7yrs
    • Compensation: US$69.17k
  • Tom Kruesopon (52yo)

    Independent Director

    • Tenure: 6.9yrs
    • Compensation: US$1.75k

Company Information

World Moto, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: World Moto, Inc.
  • Ticker: FARE
  • Exchange: OTCPK
  • Founded: 2008
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$292.033k
  • Shares outstanding: 2.92b
  • Website: https://null

Number of Employees


Location

  • World Moto, Inc.
  • Sukhumvit13 No.19/125 Sukhumvit Suite
  • 13th Floor
  • Bangkok
  • 10110
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FAREOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 2012

Biography

World Moto, Inc. designs, manufactures, markets, and sells moto-meter products and services primarily in Thailand. Its principal product is the moto-meter, which provides moto-taxi fare metering and other  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/20 00:24
End of Day Share Price2019/11/15 00:00
Earnings2017/06/30
Annual Earnings2016/12/31


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.