Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
In this section, we usually try to help investors determine whether Blockchain Foundry is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Blockchain Foundry 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. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Blockchain Foundry. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Blockchain Foundry's earnings available for a low price, and how does
this compare to other companies in the same industry?
Blockchain Foundry has negative assets, we can't compare the value of its assets to the CA Software industry average.
Take a look at our analysis of BCFN’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 Blockchain Foundry's regulatory filings and announcements.
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 Blockchain Foundry 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Blockchain Foundry's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Blockchain Foundry's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Blockchain Foundry's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Blockchain Foundry is high growth as no earnings estimate data is available.
Unable to determine if Blockchain Foundry is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Blockchain Foundry's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Blockchain Foundry's finances.
The net worth of a company is the difference between its assets and liabilities.
Blockchain Foundry's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Blockchain Foundry's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Blockchain Foundry's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Blockchain Foundry has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Daniel Wasyluk, also known as Dan, has been Chief Executive Officer & Director of Tiller Resources Ltd. (Alternate Name: Blockchain Foundry Inc.) since April 25, 2018 and served as its President From April 25, 2018 to May 30, 2019. Mr. Wasyluk is a co-founder of BCF Private and has served as a director and Chief Executive Officer of BCF Private since August, 2016. From August 2013 until June 2017, Mr. Wasyluk was a Senior User Interface Development Manager at Decision Lens, an enterprise software company based in Arlington, Virginia. From June 2017 until January 2018, Mr. Wasyluk was the Director of Software Engineering, User Interfaces at Decision Lens. Mr. Wasyluk has been involved in software development and engineering since 2000. Mr. Wasyluk has been involved in blockchain technology since 2013 and was one of the original developers of the Syscoin protocol, which launched a public blockchain in August 2014. Mr. Wasyluk holds a Bachelor of Science from the Rochester Institute of Technology.
Dan's compensation has been consistent with company performance over the past year, both up more than 20%.
Dan's remuneration is about average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Blockchain Foundry management team is less than 2 years, this suggests a new team.
CEO & Director
Chief Information Officer
Chief Technology Officer
Chief Marketing Officer
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Blockchain Foundry board of directors is less than 3 years, this suggests a new board.
Board of Directors
CEO & Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Blockchain Foundry individual insiders in the past 3 months, but not in substantial volumes.
Some Blockchain Foundry (CNSX:BCFN) Shareholders Have Taken A Painful 71% Share Price Drop
See our latest analysis for Blockchain Foundry With just CA$189,787 worth of revenue in twelve months, we don't think the market considers Blockchain Foundry to have proven its business plan. … It certainly is a dangerous place to invest, as Blockchain Foundry investors might realise. … But since the share price has dived -71% in the last year, it looks like some investors think it's time to abandon ship, so to speak.
How Much Of Blockchain Foundry Inc. (CNSX:BCFN) Do Insiders Own?
As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' Blockchain Foundry is a smaller company with a market capitalization of CA$5.4m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for Blockchain Foundry CNSX:BCFN Ownership Summary, May 9th 2019 What Does The Lack Of Institutional Ownership Tell Us About Blockchain Foundry? … CNSX:BCFN Income Statement, May 9th 2019 Hedge funds don't have many shares in Blockchain Foundry.
Blockchain Foundry Inc. develops and commercializes blockchain-based business solutions in the Americas, the Caribbean, and Europe. It offers Blockmarket suite, a marketplace platform that allows to buy or sell its products; and Syscoin Price Peg Server, which allow non-coders to create and configure its own price peg server. The company also provides blockchain technology consulting services to corporate clients. Blockchain Foundry Inc. is headquartered in Toronto, Canada.
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