OTCPK:NIHK

Stock Analysis Report

Video River Networks

Executive Summary

Video River Networks, Inc. designs, produces, and supplies IPTV set top boxes for use in hotels, hospitals, casinos, cruises, government and education fields, hospitals, and digital signage applications.

Risk Analysis

Latest financial reports are more than a year old

Does not have a meaningful market cap ($799K)

Highly volatile share price over past 3 months



Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Video River Networks's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-25.4%

NIHK

3.3%

US Communications

0.8%

US Market


1 Year Return

840.0%

NIHK

-0.6%

US Communications

22.0%

US Market

Return vs Industry: NIHK exceeded the US Communications industry which returned -0.6% over the past year.

Return vs Market: NIHK exceeded the US Market which returned 22% over the past year.


Shareholder returns

NIHKIndustryMarket
7 Day-25.4%3.3%0.8%
30 Day-17.7%0.3%1.7%
90 Day-39.7%-7.9%5.2%
1 Year840.0%840.0%1.8%-0.6%24.7%22.0%
3 Year1075.0%1075.0%40.3%31.3%46.9%37.3%
5 Year1075.0%1075.0%63.5%45.1%65.5%47.3%

Price Volatility Vs. Market

How volatile is Video River Networks's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Video River Networks undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Video River Networks is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Video River Networks 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 NIHK’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 Video River Networks regulatory filings here.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

How is Video River Networks forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.3%

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 Video River Networks 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 NIHK’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 Video River Networks's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has Video River Networks performed over the past 5 years?

13.3%

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, Video River Networks 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

Financial Health

How is Video River Networks's financial position?


In this section we usually analyse Video River Networks'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. Video River Networks 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 NIHK’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 Video River Networks's financial data was last updated here.
  • Explore more healthy companies in the Tech industry.

Dividend

What is Video River Networks's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if NIHK'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 NIHK'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 Video River Networks's salary, the management and board of directors tenure and is there insider trading?


CEO

Frank Ikechukwu Igwealor (48yo)

0.2yrs

Tenure

0

Mr. Frank Ikechukwu Igwealor, JD, CPA, CMA, MBA, CFM, MSRM serves as President, Chief Executive Officer, Chief Financial Officer, and Chairman of the Board & Company Secretary at Video River Networks, Inc. ...


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

  • Doug Saathoff (56yo)

    Principal Accounting Officer

    • Tenure: 0yrs
    • Compensation: US$140.63k
  • Michael Mayer (57yo)

    Vice President of Utility Products Division

    • Tenure: 13.1yrs
    • Compensation: US$125.00k
  • Jon Hayden

    Chief Technical Officer

    • Tenure: 0yrs
  • Giang Dao

    Executive Officer

    • Tenure: 0yrs
    • Compensation: US$146.58k
  • Frank Ikechukwu Igwealor (48yo)

    Chairman of the Board

    • Tenure: 0.2yrs

Board Members

  • Frank Ikechukwu Igwealor (48yo)

    Chairman of the Board

    • Tenure: 0.2yrs
  • Patience Ogbozor (33yo)

    Director

    • Tenure: 0.2yrs

Company Information

Video River Networks, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Video River Networks, Inc.
  • Ticker: NIHK
  • Exchange: OTCPK
  • Founded: 1992
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: US$798.635k
  • Shares outstanding: 169.92m
  • Website: https://www.videorivernetworks.com

Location

  • Video River Networks, Inc.
  • 2355 Bulverde Road
  • Suite 7
  • Bulverde
  • Texas
  • 78163
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NIHKOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2001

Biography

Video River Networks, Inc. designs, produces, and supplies IPTV set top boxes for use in hotels, hospitals, casinos, cruises, government and education fields, hospitals, and digital signage applications. T ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/15 23:50
End of Day Share Price2019/12/13 00:00
Earnings2009/03/31
Annual Earnings2008/12/31


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.