Trutankless, Inc., through its subsidiary, Bollente, Inc., researches and develops, manufactures, and distributes electric tankless water heaters in the United States.
The last earnings update was 142 days ago.
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 Trutankless is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Trutankless 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
Trutankless. 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
Trutankless's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Trutankless 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 Building industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Trutankless's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Trutankless's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Trutankless's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Trutankless is high growth as no earnings estimate data is available.
Unable to determine if Trutankless 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.
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 Trutankless's filings and announcements here.
Trutankless'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.
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. Michael Stebbins has been CEO of Trutankless, Inc. since August 2019 and also serves as Chairman. He has been President of Trutankless, Inc. (formerly Bollente, Inc.) since February 2, 2017 and its Director since June 23, 2016. In 2009, Mr. Stebbins assisted in the founding of Bollente, Inc. Mr. Stebbins helped lead the design team that created trutankless water heater. He oversaw virtually every aspect of launching trutankless line of water heaters. Working directly with engineering and development teams, he developed several innovations and was instrumental in working on Bollente Inc.’s intellectual property and patents consisting of 29 proprietary claims related to products. Since substantially completing R/D efforts in 2013. Mr. Stebbins’ experience in the water heater industry dates back to 2003. Prior to co-founding Bollente, Inc., Mr. Stebbins spent time consulting on several product development projects. Mr. Stebbins was named Top 35 Entrepreneurs under 35 by the Arizona Republic.
Michael's compensation has increased whilst company is loss making.
Michael's remuneration is lower than average for companies of similar size in United States of America.
Principal Financial Officer
Board of Directors
Principal Financial Officer
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Trutankless, Inc., through its subsidiary, Bollente, Inc., researches and develops, manufactures, and distributes electric tankless water heaters in the United States. The company provides water heaters that are designed to provide hot water supply under the Trutankless and Vero names; and home.mytankless.com, a customizable online control panel that enables dashboard, residential, and commercial users to obtain real-time status reports, adjust unit temperature settings, view up water usage data, and change notification settings from anywhere. It sells its products to plumbing wholesale distributors and dealers. Trutankless, Inc. founded in 2008 and is headquartered in Scottsdale, Arizona.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.