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Bare Metal Standard

OTCPK:BRMT
Snowflake Description

Mediocre balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BRMT
OTCPK
$16M
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

Bare Metal Standard, Inc. provides franchise opportunities in the services of commercial kitchen grease exhaust systems in the United States. The last earnings update was 30 days ago. More info.


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BRMT Share Price and Events
7 Day Returns
0%
OTCPK:BRMT
0.8%
US Commercial Services
0.5%
US Market
1 Year Returns
-
OTCPK:BRMT
22.4%
US Commercial Services
20.3%
US Market
BRMT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bare Metal Standard (BRMT) 0% 0% - - - -
US Commercial Services 0.8% 3.9% 9.7% 22.4% 54.9% 83.4%
US Market 0.5% 2% 9.4% 20.3% 40.4% 54.1%
1 Year Return vs Industry and Market
  • No trading data on BRMT.
  • No trading data on BRMT.
Price Volatility
BRMT
Industry
5yr Volatility vs Market

Value

 Is Bare Metal Standard undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bare Metal Standard to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bare Metal Standard.

OTCPK:BRMT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:BRMT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.65
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.649 (1 + (1- 21%) (0.61%))
0.767
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.8 * 5.44%)
6.09%

Discounted Cash Flow Calculation for OTCPK:BRMT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Bare Metal Standard is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

OTCPK:BRMT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.09%)
2020 0.01 Est @ 46.36% 0.01
2021 0.01 Est @ 32.97% 0.01
2022 0.01 Est @ 23.6% 0.01
2023 0.01 Est @ 17.04% 0.01
2024 0.01 Est @ 12.45% 0.01
2025 0.01 Est @ 9.24% 0.01
2026 0.01 Est @ 6.99% 0.01
2027 0.01 Est @ 5.41% 0.01
2028 0.02 Est @ 4.31% 0.01
2029 0.02 Est @ 3.54% 0.01
Present value of next 10 years cash flows $0.00
OTCPK:BRMT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $0.02 × (1 + 1.74%) ÷ (6.09% – 1.74%)
$0.38
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $0.38 ÷ (1 + 6.09%)10
$0.21
OTCPK:BRMT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $0.00 + $0.21
$0.21
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $0.21 / 31.20
$0.01
OTCPK:BRMT Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.01
Current discount Discount to share price of $0.51
= -1 x ($0.51 - $0.01) / $0.01
-7530.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Bare Metal Standard is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Bare Metal Standard's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bare Metal Standard's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:BRMT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-10-31) in USD $0.00
OTCPK:BRMT Share Price ** OTCPK (2020-01-13) in USD $0.51
United States of America Commercial Services Industry PE Ratio Median Figure of 54 Publicly-Listed Commercial Services Companies 26.6x
United States of America Market PE Ratio Median Figure of 2,894 Publicly-Listed Companies 18.35x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bare Metal Standard.

OTCPK:BRMT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:BRMT Share Price ÷ EPS (both in USD)

= 0.51 ÷ 0.00

194.36x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bare Metal Standard is overvalued based on earnings compared to the US Commercial Services industry average.
  • Bare Metal Standard is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Bare Metal Standard's expected growth come at a high price?
Raw Data
OTCPK:BRMT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 194.36x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Commercial Services Industry PEG Ratio Median Figure of 35 Publicly-Listed Commercial Services Companies 2.21x
United States of America Market PEG Ratio Median Figure of 1,996 Publicly-Listed Companies 1.61x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bare Metal Standard, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bare Metal Standard's assets?
Raw Data
OTCPK:BRMT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-10-31) in USD $0.00
OTCPK:BRMT Share Price * OTCPK (2020-01-13) in USD $0.51
United States of America Commercial Services Industry PB Ratio Median Figure of 87 Publicly-Listed Commercial Services Companies 1.86x
United States of America Market PB Ratio Median Figure of 5,103 Publicly-Listed Companies 1.79x
OTCPK:BRMT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:BRMT Share Price ÷ Book Value per Share (both in USD)

= 0.51 ÷ 0.00

341.37x

* Primary Listing of Bare Metal Standard.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bare Metal Standard is overvalued based on assets compared to the US Commercial Services industry average.
X
Value checks
We assess Bare Metal Standard's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Bare Metal Standard has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Bare Metal Standard expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Bare Metal Standard 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 growth 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 it right!
Annual Growth Rate
16.4%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bare Metal Standard expected to grow at an attractive rate?
  • Unable to compare Bare Metal Standard's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Bare Metal Standard's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Bare Metal Standard's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:BRMT Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 16.4%
United States of America Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:BRMT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:BRMT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-10-31 1 0 0
2019-07-31 1 0 0
2019-04-30 1 0 0
2019-01-31 1 0 0
2018-10-31 1 0 0
2018-07-31 1 0 0
2018-04-30 1 0 0
2018-01-31 1 0 0
2017-10-31 1 0 0
2017-07-31 1 0 0
2017-04-30 0 0 0
2017-01-31 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Bare Metal Standard is high growth as no earnings estimate data is available.
  • Unable to determine if Bare Metal Standard 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.
Raw Data
OTCPK:BRMT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bare Metal Standard Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BRMT Past Financials Data
Date (Data in USD Millions) EPS *
2019-10-31 0.00
2019-07-31 0.00
2019-04-30 0.00
2019-01-31 0.00
2018-10-31 0.00
2018-07-31 0.00
2018-04-30 0.00
2018-01-31 0.00
2017-10-31 -0.01
2017-07-31 -0.01
2017-04-30 -0.01
2017-01-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Bare Metal Standard will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of BRMT’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.
  2. Bare Metal Standard's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. 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 Bare Metal Standard's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Bare Metal Standard's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bare Metal Standard has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Bare Metal Standard performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bare Metal Standard's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Bare Metal Standard's year on year earnings growth rate was positive over the past 5 years.
  • Bare Metal Standard has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Bare Metal Standard has become profitable in the last year making it difficult to compare the US Commercial Services industry average.
Earnings and Revenue History
Bare Metal Standard's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bare Metal Standard Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BRMT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-10-31 1.20 0.08 0.83
2019-07-31 1.05 0.03 0.77
2019-04-30 1.05 0.03 0.75
2019-01-31 0.99 0.00 0.72
2018-10-31 0.89 -0.13 0.75
2018-07-31 0.80 -0.02 0.55
2018-04-30 0.85 -0.14 0.74
2018-01-31 0.80 -0.13 0.73
2017-10-31 0.64 -0.15 0.69
2017-07-31 0.52 -0.26 0.74
2017-04-30 0.24 -0.18 0.40
2017-01-31 0.11 -0.22 0.32
2016-10-31 -0.20 0.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Bare Metal Standard made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • Bare Metal Standard used its assets more efficiently than the US Commercial Services industry average last year based on Return on Assets.
  • Bare Metal Standard has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Bare Metal Standard's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Bare Metal Standard has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Bare Metal Standard's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Bare Metal Standard's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bare Metal Standard is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Bare Metal Standard's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bare Metal Standard'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Bare Metal Standard Company Filings, last reported 3 months ago.

OTCPK:BRMT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-10-31 0.05 0.10 0.01
2019-07-31 0.03 0.10 0.02
2019-04-30 0.03 0.10 0.03
2019-01-31 0.06 0.11 0.01
2018-10-31 -0.04 0.09 0.01
2018-07-31 -0.05 0.14 0.02
2018-04-30 -0.05 0.03 0.01
2018-01-31 0.00 0.02 0.01
2017-10-31 0.04 0.00 0.01
2017-07-31 0.06 0.00 0.00
2017-04-30 0.06 0.00 0.03
2017-01-31 0.07 0.00 0.06
2016-10-31 0.07 0.00 0.09
  • Bare Metal Standard's level of debt (205.1%) compared to net worth is high (greater than 40%).
  • Unable to establish if Bare Metal Standard's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (3.9%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.6x coverage).
X
Financial health checks
We assess Bare Metal Standard's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bare Metal Standard has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Bare Metal Standard's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Bare Metal Standard dividends.
If you bought $2,000 of Bare Metal Standard shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Bare Metal Standard's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bare Metal Standard's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:BRMT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1961 Stocks 2.2%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Bare Metal Standard has not reported any payouts.
  • Unable to verify if Bare Metal Standard's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bare Metal Standard's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bare Metal Standard has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Bare Metal Standard's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bare Metal Standard afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bare Metal Standard has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Bare Metal Standard's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
James Bedal
COMPENSATION $95,333
AGE 55
TENURE AS CEO 4.3 years
CEO Bio

Mr. James T. Bedal has been Chief Executive Officer of Bare Metal Standard, Inc. from November 2015. Mr. Bedal serves as President of Bare Metal Standard, Inc. since October 5, 2017 and served as its Chief Financial Officer. He serves as Director at Bare Metal Standard, Inc. Mr. Bedal served as the Chief Executive Officer of Bare Metal Standard, Inc. (BARE METAL STANDARD® Kitchen Exhaust Cleaning Services) until October 5, 2017. Mr. Bedal’s responsibilities include strategic development of franchise penetration, funding and risk and growth strategy. Mr. Bedal relies on his extensive business experience and judgment to plan and accomplish goals to benefit BARE METAL STANDARD® kitchen exhaust cleaning services and its franchisees. Mr. Bedal has led the growth of BARE METAL STANDARD® kitchen exhaust cleaning services. Mr. Bedal has been involved in business development since 1991. He began his product and market development career by introducing products into Japan, Korea, Australia, Singapore and China. He has served as an International Market Manager for Trus Joist and Extended Systems both Idaho Companies. He shifted his focus from international to domestic in 2002 when he began consulting and working in on a variety of new start-ups. As the Vice President of Marketing, he launched products for law enforcement in 2003, 2004 and began working in the Commercial Kitchen Exhaust industry in 2005. He became involved in the International Franchise Association in 2013 and has both the product and management experience to lead this company into a National franchise brand. Mr. Bedal serves as a Vice President on the NAFED Board of Directors. Mr. Bedal is also an avid Rotarian, golfer, fisherman, hunter and learner.

CEO Compensation
  • James's compensation has been consistent with company performance over the past year, both up more than 20%.
  • James's remuneration is lower than average for companies of similar size in United States of America.
Management Team

James Bedal

TITLE
President
COMPENSATION
$95K
AGE
55
TENURE
4.3 yrs

Mike Taylor

TITLE
Founder
COMPENSATION
$129K
AGE
58

Jeff Taylor

TITLE
Secretary & Director
AGE
60
Board of Directors

James Bedal

TITLE
President
COMPENSATION
$95K
AGE
55

Mike Taylor

TITLE
Founder
COMPENSATION
$129K
AGE
58

Jeff Taylor

TITLE
Secretary & Director
AGE
60

Mike Isakson

TITLE
Member of Advisory Board
AGE
65

Doug Pound

TITLE
Member of Advisory Board

Jim Wassell

TITLE
Member of Advisory Board
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Bare Metal Standard's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bare Metal Standard has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Bare Metal Standard, Inc. provides franchise opportunities in the services of commercial kitchen grease exhaust systems in the United States. The company provides management services for franchisees who perform fire prevention and mitigation services to commercial kitchens by cleaning their exhaust systems. It operates under the Bare Metal Standard brand. Bare Metal Standard, Inc. was founded in 2015 and is headquartered in Boise, Idaho.

Details
Name: Bare Metal Standard, Inc.
BRMT
Exchange: OTCPK
Founded: 2015
$15,909,450
31,195,000
Website: http://www.baremetalstandard.com
Address: Bare Metal Standard, Inc.
3604 South Banner Street,
Boise,
Idaho, 83709,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK BRMT Common Stock Pink Sheets LLC US USD 22. Jun 2017
Number of employees
Current staff
Staff numbers
5
Bare Metal Standard employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/21 02:32
End of day share price update: 2020/01/13 00:00
Last earnings filing: 2020/01/22
Last earnings reported: 2019/10/31
Last annual earnings reported: 2019/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.