OTCPK:NORS.A

Stock Analysis Report

North State Telecommunications

Executive Summary

North State Telecommunications Corporation, together with its subsidiaries, operates in the telecommunications, data center, and information technologies services industries in North Carolina.

Snowflake

Fundamentals

Undervalued with mediocre balance sheet.

Risks

  • North State Telecommunications is not covered by any analysts.

Share Price & News

How has North State Telecommunications's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:NORS.A

3.1%

US Telecom

1.2%

US Market


1 Year Return

n/a

OTCPK:NORS.A

8.4%

US Telecom

1.7%

US Market

No trading data on NORS.A.

No trading data on NORS.A.


Share holder returns

NORS.AIndustryMarket
7 Day0%3.1%1.2%
30 Day-5.1%7.5%4.9%
90 Day5.2%9.8%3.7%
1 Yearn/a14.1%8.4%3.9%1.7%
3 Year40.2%9.1%18.1%0.9%47.2%37.7%
5 Year34.0%-13.0%35.1%4.2%60.0%42.4%

Price Volatility Vs. Market

How volatile is North State Telecommunications's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is North State Telecommunications undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

North State Telecommunications's share price is below the future cash flow value, and at a moderate discount (> 20%).

North State Telecommunications's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

North State Telecommunications is good value based on earnings compared to the US Telecom industry average.

North State Telecommunications is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for North State Telecommunications, we can't assess if its growth is good value.


Price Based on Value of Assets

North State Telecommunications is good value based on assets compared to the US Telecom industry average.


Next Steps

Future Growth

How is North State Telecommunications expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if North State Telecommunications is high growth as no revenue estimate data is available.

North State Telecommunications's earnings are expected to grow by 1.3% yearly, however this is not considered high growth (20% yearly).

Unable to compare North State Telecommunications's revenue growth to the United States of America market average as no estimate data is available.

North State Telecommunications's earnings growth is positive but not above the United States of America market average.

North State Telecommunications's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if North State Telecommunications will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has North State Telecommunications performed over the past 5 years?

10.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

North State Telecommunications's year on year earnings growth rate has been positive over the past 5 years.

North State Telecommunications's 1-year earnings growth is negative, it can't be compared to the 5-year average.

North State Telecommunications's 1-year earnings growth is negative, it can't be compared to the US Telecom industry average.


Return on Equity

North State Telecommunications has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

North State Telecommunications used its assets more efficiently than the US Telecom industry average last year based on Return on Assets.


Return on Capital Employed

North State Telecommunications's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is North State Telecommunications's financial position?


Financial Position Analysis

North State Telecommunications is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

North State Telecommunications's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

North State Telecommunications's level of debt (53.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (40.7% vs 53.4% today).

Debt is well covered by operating cash flow (55.7%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 3.8x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.5x debt.


Next Steps

Dividend

What is North State Telecommunications's current dividend yield, its reliability and sustainability?

8.67%

Current Dividend Yield


Dividend Yield and Payments Analysis

North State Telecommunications's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

North State Telecommunications's dividend is above the markets top 25% of dividend payers in United States of America (3.67%).

Whilst dividend payments have been stable, North State Telecommunications has been paying a dividend for less than 10 years.

North State Telecommunications has only been paying a dividend for 7 years, and since then there has been no growth.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.9x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of North State Telecommunications's salary, the management and board of directors tenure and is there insider trading?


CEO

North State Telecommunications has no CEO, or we have no data on them.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team


    Board Members

      Company Information

      North State Telecommunications Corporation's company bio, employee growth, exchange listings and data sources


      Key Information

      • Name: North State Telecommunications Corporation
      • Ticker: NORS.A
      • Exchange: OTCPK
      • Founded: 1895
      • Industry: Integrated Telecommunication Services
      • Sector: Telecom
      • Market Cap: US$134.944m
      • Shares outstanding: 2.26m
      • Website: https://www.northstate.net

      Location

      • North State Telecommunications Corporation
      • 4100 Mendenhall Oaks Parkway
      • Suite 300
      • High Point
      • North Carolina
      • 27265
      • United States

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      NORS.BOTCPK (Pink Sheets LLC)Class B Non-Voting StockUSUSDJun 1992
      NORS.AOTCPK (Pink Sheets LLC)YesClass A Voting StockUSUSDFeb 1993

      Biography

      North State Telecommunications Corporation, together with its subsidiaries, operates in the telecommunications, data center, and information technologies services industries in North Carolina. The company  ...


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2019/09/14 23:42
      End of Day Share Price2019/09/09 00:00
      Earnings2019/06/30
      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.