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 MyDx is trading at an attractive price based on the cash flow it is expected to produce in the future. But as MyDx 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
MyDx. 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
is considered below, and whether this is a fair price.
Price based on past earnings
MyDx's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 MyDx 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
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
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare MyDx's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare MyDx's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare MyDx's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if MyDx is high growth as no earnings estimate data is available.
Unable to determine if MyDx 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.
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 MyDx's filings and announcements here.
MyDx'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.
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.
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. Matthew Bucciero also known as Matt, is Chief Executive Officer of MyDx Inc since November 12, 2018. He has over 4 years of experience in cannabis industry senior management, following a12 year career in structured finance and private equity. Previously, he had been involved in 2 other industry companies holding positions including Chief Financial Officer, Chief Operating Officer and Board Member. From 2017 through 2018 Matt was the Managing Director of the Acentus Group, LLC a cannabis consulting and holding company. From 2014 to 2017, he was Chief Financial Officer, Chief Operating Officer and Board Member for Green Capital Ventures, Inc., a company involved in cannabis licensing and development. From 2012 to 2014, , he was a Finance Director at Sovereign Capital Management Inc., a Private Equity company that focused on structured equity and debt. Matt is also currently the VP of Finance at The Mr. Cannabis Group. Matt began his career at Legg Mason Investments working in the international mutual fund group and, after moving to the west coast, helped oversee $10+ billion in structured real estate assets for Fortress Investment Group, the first large, publicly traded private equity firm in the US. Prior to joining the cannabis industry, he managed over $500 million in real estate acquisitions and dispositions between private equity groups Pathfinder Partners and Sovereign Capital in San Diego. He is founder of Green Capital Ventures and the Gridiron Cannabis Coalition/Foundation and founded The Acentus Group. He has an undergraduate degree BS in Finance from Lehigh University.
Insufficient data for Matt to compare compensation growth.
Insufficient data for Matt to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the MyDx management team is about average.
Founder & Chairman
Chief Executive Officer
Vice President of Operations
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the MyDx board of directors is less than 3 years, this suggests a new board.
MyDx, Inc., a science and technology company, develops products and services focusing on the cannabis industry. It focuses on four business segments: Consumer Products, Data Analytics, Biopharmaceutical, and Software as a Service (SaaS). The Consumer Products segment provides smart devices and consumables, including CannaDx sensors, delivery devices, and MyDx 2 sensors. The Data Analytics segment offers pre-clinical chemical analysis and patient feedback ecosystem. The Biopharmaceutical segment engages in identifying, licensing, and selling green active pharmaceutical ingredients and corresponding formulations. The SaaS segment provides software services for prescribers, patient groups, cultivators, and regulators. The company distributes its products through various channels, including e-commerce via the company’s Website, direct to retail, amazon.com, and sales through affiliate partners. MyDx, Inc. is based in San Diego, California.
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.