OTCPK:PXHI

Stock Analysis Report

Executive Summary

PhoneX Holdings, Inc. operates as a market maker of used smartphones.

Risk Analysis

Revenue has declined by -27.8% over the past year

Shares are highly illiquid

Latest financial reports are more than a year old

Does not have a meaningful market cap ($3M)

+ 2 more risks


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has PhoneX Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

4.2%

PXHI

0.5%

US Electronic

1.2%

US Market


1 Year Return

-43.7%

PXHI

28.3%

US Electronic

24.2%

US Market

Return vs Industry: PXHI underperformed the US Electronic industry which returned 30.2% over the past year.

Return vs Market: PXHI underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

PXHIIndustryMarket
7 Day4.2%0.5%1.2%
30 Day4.2%3.0%3.5%
90 Day-43.4%10.6%11.7%
1 Year-43.7%-43.7%29.6%28.3%26.9%24.2%
3 Year-85.5%-85.5%53.9%49.6%53.0%43.2%
5 Year-91.4%-91.4%89.0%79.5%75.3%56.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is PhoneX Holdings undervalued compared to its fair value and its price relative to the market?

2.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: PXHI is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: PXHI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PXHI is overvalued based on its PB Ratio (2.5x) compared to the US Electronic industry average (2.1x).


Next Steps

Future Growth

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

23.0%

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 PhoneX Holdings 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 PXHI’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 PhoneX Holdings's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has PhoneX Holdings performed over the past 5 years?

-268.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PXHI is currently unprofitable.

Growing Profit Margin: PXHI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if PXHI's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare PXHI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PXHI is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (53.6%).


Return on Equity

High ROE: PXHI has a negative Return on Equity (-1130.61%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is PhoneX Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: PXHI's short term assets ($7.9M) do not cover its short term liabilities ($10.0M).

Long Term Liabilities: PXHI's short term assets ($7.9M) exceed its long term liabilities ($34.5K).


Debt to Equity History and Analysis

Debt Level: PXHI's debt to equity ratio (461.9%) is considered high.

Reducing Debt: PXHI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

Inventory Level: PXHI has a high level of physical assets or inventory.

Debt Coverage by Assets: PXHI's debt is covered by short term assets (assets are 1.4x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if PXHI has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if PXHI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is PhoneX Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if PXHI'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 PXHI'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 PhoneX Holdings's salary, the management and board of directors tenure and is there insider trading?

5.4yrs

Average board tenure


CEO

Nik Raman (35yo)

5.2yrs

Tenure

US$203,732

Compensation

Mr. Nikhil Raman, also known as Nik, Co-Founded usell.com, Inc. Mr. Raman has been the Chief Executive Officer of usell.com, Inc. since November 6, 2014 and has been Chief Financial Officer since May 30, 2 ...


CEO Compensation Analysis

Compensation vs Market: Nik's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD519.76K).

Compensation vs Earnings: Nik's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

5.4yrs

Average Tenure

36.5yo

Average Age

Experienced Board: PXHI's board of directors are considered experienced (5.4 years average tenure).


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: Shareholders have been diluted in the past year, with total shares outstanding growing by 34%.


Management Team

  • Daniel Brauser (38yo)

    Co-Founder & Executive Chairman

    • Tenure: 5.2yrs
  • Nik Raman (35yo)

    Co-Founder

    • Tenure: 5.2yrs
    • Compensation: US$203.73k
  • Scott Tepfer (36yo)

    Executive VP & Director

    • Tenure: 1.2yrs
    • Compensation: US$475.31k
  • Vijay Ganapathy

    Chief Technology Officer


    Board Members

    • Daniel Brauser (38yo)

      Co-Founder & Executive Chairman

      • Tenure: 5.2yrs
    • Nik Raman (35yo)

      Co-Founder

      • Tenure: 5.2yrs
      • Compensation: US$203.73k
    • Scott Tepfer (36yo)

      Executive VP & Director

      • Tenure: 1.2yrs
      • Compensation: US$475.31k
    • Amit Jhawar (37yo)

      Independent Director

      • Tenure: 5.7yrs
      • Compensation: US$70.00k

    Company Information

    PhoneX Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


    Key Information

    • Name: PhoneX Holdings, Inc.
    • Ticker: PXHI
    • Exchange: OTCPK
    • Founded: 2003
    • Industry: Technology Distributors
    • Sector: Tech
    • Market Cap: US$3.277m
    • Shares outstanding: 29.69m
    • Website: https://www.uSell.com

    Number of Employees


    Location

    • PhoneX Holdings, Inc.
    • 171 Madison Avenue
    • 17th Floor
    • New York
    • New York
    • 10016
    • United States

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    PXHIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2009

    Biography

    PhoneX Holdings, Inc. operates as a market maker of used smartphones. The company acquires products from individual consumers through its uSell.com Website, as well as from various carriers, big box retailers, and manufacturers through its subsidiary, We Sell Cellular. It sells its devices to professional buyers, such as brick and mortar retailers, online retailers, large and small wholesalers, small repair shops, large refurbishing providers, and insurance companies, as well as directly to consumers through third party e-commerce platforms. The company was formerly known as usell.com, Inc. and changed its name to PhoneX Holdings, Inc. in May 2019. PhoneX Holdings, Inc. was incorporated in 2003 and is headquartered in New York, New York. 


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2020/01/21 00:41
    End of Day Share Price2020/01/16 00:00
    Earnings2018/09/30
    Annual Earnings2017/12/31


    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.