OTCPK:GBBT

Stock Analysis Report

Executive Summary

Global Boatworks Holdings, Inc. engages in the rental of floating vessels in the United States.

Snowflake

Fundamentals

Slightly overvalued with imperfect balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

12.5%

GBBT

-5.2%

US Infrastructure

0.3%

US Market


1 Year Return

-10.0%

GBBT

-35.6%

US Infrastructure

12.5%

US Market

Return vs Industry: GBBT exceeded the US Infrastructure industry which returned -35.6% over the past year.

Return vs Market: GBBT underperformed the US Market which returned 12.5% over the past year.


Shareholder returns

GBBTIndustryMarket
7 Day12.5%-5.2%0.3%
30 Day21.6%1.9%4.1%
90 Day25.0%0.7%5.6%
1 Year-10.0%-10.0%-32.5%-35.6%15.0%12.5%
3 Year-99.9%-99.9%-41.6%-53.9%49.1%39.4%
5 Yearn/a-11.8%-40.9%62.8%44.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GBBT ($0.09) is trading below our estimate of fair value ($0.24)

Significantly Below Fair Value: GBBT is trading below fair value by more than 20%.


Price To Earnings Ratio

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

PE vs Market: GBBT 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 GBBT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GBBT has negative assets, so we can't compare its PB Ratio to the US Infrastructure industry average.


Next Steps

Future Growth

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

27.5%

Forecasted Transportation 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 Global Boatworks 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 GBBT’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 Global Boatworks Holdings's filings and announcements here.
  • Explore growth companies in the Transportation industry.

Past Performance

How has Global Boatworks Holdings performed over the past 5 years?

-37.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if GBBT has high quality earnings.

Growing Profit Margin: GBBT's current net profit margins (-97.3%) are higher than last year (-983.6%).


Past Earnings Growth Analysis

Earnings Trend: GBBT is unprofitable, and losses have increased over the past 5 years at a rate of -37.2% per year.

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

Earnings vs Industry: GBBT is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (16.6%).


Return on Equity

High ROE: GBBT'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 Global Boatworks Holdings's financial position?


Financial Position Analysis

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

Long Term Liabilities: GBBT 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: GBBT has negative shareholder equity, which is a more serious situation than a high debt level.

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


Balance Sheet

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

Debt Coverage by Assets: GBBT 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: Whilst unprofitable GBBT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GBBT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.3% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage3.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

US$240k

CEO Compensation


CEO

Robert Rowe (71yo)

5.4yrs

Tenure

US$240,000

Compensation

Mr. Robert Rowe has been the Chief Executive Officer, President, Treasurer and Acting Chief Financial Officer at Global Boatworks Holdings, Inc. since June 16, 2014 and serves as its Principal Accounting O ...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD240.00K) is below average for companies of similar size in the US market ($USD505.79K).

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


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 substantially diluted in the past year, with total shares outstanding growing by 175.6%.


Management Team

  • Robert Rowe (71yo)

    CEO, President

    • Tenure: 5.4yrs
    • Compensation: US$240.00k
  • Leah Rowe (61yo)

    Secretary

    • Tenure: 5.4yrs
    • Compensation: US$31.20k

Board Members

  • Robert Rowe (71yo)

    CEO, President

    • Tenure: 5.4yrs
    • Compensation: US$240.00k

Company Information

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


Key Information

  • Name: Global Boatworks Holdings, Inc.
  • Ticker: GBBT
  • Exchange: OTCPK
  • Founded: 2014
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: US$261.117k
  • Shares outstanding: 2.90m
  • Website: https://www.globalboatworks.global

Number of Employees


Location

  • Global Boatworks Holdings, Inc.
  • 2637 Atlantic Boulevard
  • Suite 134
  • Pompano Beach
  • Florida
  • 33062
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBBTOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 2016

Biography

Global Boatworks Holdings, Inc. engages in the rental of floating vessels in the United States. The company was founded in 2014 and is based in Pompano Beach, Florida. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/12 00:17
End of Day Share Price2019/11/11 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.