OTCPK:SIGL

Stock Analysis Report

Executive Summary

Signal Advance, Inc. operates as a technology development company in the United States.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Signal Advance's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

50.0%

SIGL

-1.8%

US Electronic

-1.1%

US Market


1 Year Return

n/a

SIGL

5.6%

US Electronic

17.8%

US Market

Return vs Industry: Insufficient data to determine how SIGL performed against the US Electronic industry.

Return vs Market: Insufficient data to determine how SIGL performed against the US Market.


Shareholder returns

SIGLIndustryMarket
7 Day50.0%-1.8%-1.1%
30 Day99.7%-4.9%1.5%
90 Day20.0%-0.4%6.6%
1 Yearn/a6.6%5.6%20.2%17.8%
3 Year118.2%118.2%35.0%31.4%47.5%38.1%
5 Year-92.5%-92.5%66.2%58.0%71.2%52.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Signal Advance undervalued compared to its fair value and its price relative to the market?


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

Future Growth

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

21.6%

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 Signal Advance 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 SIGL’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 Signal Advance's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has Signal Advance performed over the past 5 years?

44.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIGL is currently unprofitable.

Growing Profit Margin: SIGL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SIGL is unprofitable, but has reduced losses over the past 5 years at a rate of 44.3% per year.

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

Earnings vs Industry: SIGL is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (13.1%).


Return on Equity

High ROE: SIGL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Signal Advance's financial position?


Financial Position Analysis

Short Term Liabilities: SIGL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SIGL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SIGL has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SIGL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: SIGL has a low level of unsold assets or inventory.

Debt Coverage by Assets: SIGL has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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: SIGL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SIGL has less than a year of cash runway if free cash flow continues to grow at historical rates of 14.5% each year.


Next Steps

Dividend

What is Signal Advance's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

4.6yrs

Average board tenure


CEO

Chris Hymel (61yo)

12.6yrs

Tenure

US$108,801

Compensation

Dr. Chris M. Hymel, Ph.D. has been the President and Treasurer of Signal Advance, Inc. since 1992 and serves as its Chief Executive Officer since July 2007. Dr. Hymel serves as Chief Financial Officer of S ...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD522.48K).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Chris Hymel
Chairman12.6yrsUS$108.80kno data
Malcolm Skolnick
Secretary & Director0yrsUS$9.00kno data
Ron Stubbers
VP & Director0yrsUS$12.75kno data
W. Van Cleve
Member of Advisory Board4.6yrsno datano data
Richard Seltzer
Director0yrsUS$9.00kno data
Michael Brandt
Member of Advisory Board4.6yrsno datano data
Gary Bucek
Member of Advisory Board4.6yrsno datano data
Herbert Joe
Member of Advisory Board4.6yrsno datano data
Hue-Teh Shih
Member of Advisory Board4.6yrsno datano data
Peter Worman
Member of Advisory Board4.6yrsno datano data

4.6yrs

Average Tenure

62.5yo

Average Age

Experienced Board: SIGL's board of directors are considered experienced (4.6 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.


Top Shareholders

Company Information

Signal Advance, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Signal Advance, Inc.
  • Ticker: SIGL
  • Exchange: OTCPK
  • Founded: 1992
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$1.972m
  • Shares outstanding: 16.44m
  • Website: https://www.signaladvance.com

Location

  • Signal Advance, Inc.
  • 2520 County Road 81
  • Rosharon
  • Texas
  • 77583
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SIGLOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 2011

Biography

Signal Advance, Inc. operates as a technology development company in the United States. It offers Signal Advance (SA) technology that reduces signal detection delays associated with various physical sensors, improves response time and performance in control, intervention, and/or signal transmission systems; and Prototype SA circuits for various application-specific signals. It serves biomedical, commercial, industrial, communications, transportation and military markets. The company was formerly known as Biodyne Development Company, Inc and changed its name to Signal Advance, Inc. in 2007. Signal Advance, Inc. was founded in 1992 and is based in Rosharon, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 02:30
End of Day Share Price2020/02/18 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.