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Toga

OTCPK:TOGL
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TOGL
OTCPK
$1B
Market Cap
  1. Home
  2. US
  3. Media
Company description

Toga Limited develops social media app for mobile devices. The last earnings update was 22 days ago. More info.


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TOGL Share Price and Events
7 Day Returns
12.6%
OTCPK:TOGL
-0.6%
US Interactive Media and Services
-1.4%
US Market
1 Year Returns
79%
OTCPK:TOGL
22.8%
US Interactive Media and Services
14.5%
US Market
TOGL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Toga (TOGL) 12.6% -6.3% -1.2% 79% - 1991.7%
US Interactive Media and Services -0.6% 1.9% 5.6% 22.8% 53.8% 111.2%
US Market -1.4% 1.3% 4.6% 14.5% 35.7% 48.6%
1 Year Return vs Industry and Market
  • TOGL outperformed the Interactive Media and Services industry which returned 22.8% over the past year.
  • TOGL outperformed the Market in United States of America which returned 14.5% over the past year.
Price Volatility
TOGL
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Toga 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 Toga 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 Toga.

OTCPK:TOGL 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 7.3%
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:TOGL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.038 (1 + (1- 21%) (0%))
1.025
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.025 * 5.44%)
7.32%

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

The calculations below outline how an intrinsic value for Toga 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:TOGL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.32%)
2020 3.04 Est @ 11.19% 2.83
2021 3.29 Est @ 8.36% 2.86
2022 3.50 Est @ 6.37% 2.83
2023 3.67 Est @ 4.98% 2.77
2024 3.82 Est @ 4.01% 2.68
2025 3.95 Est @ 3.33% 2.58
2026 4.06 Est @ 2.85% 2.48
2027 4.16 Est @ 2.52% 2.37
2028 4.26 Est @ 2.29% 2.25
2029 4.35 Est @ 2.12% 2.15
Present value of next 10 years cash flows $25.00
OTCPK:TOGL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $4.35 × (1 + 1.74%) ÷ (7.32% – 1.74%)
$79.30
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $79.30 ÷ (1 + 7.32%)10
$39.13
OTCPK:TOGL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $25.00 + $39.13
$64.13
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $64.13 / 91.01
$0.7
OTCPK:TOGL Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.70
Current discount Discount to share price of $12.55
= -1 x ($12.55 - $0.70) / $0.70
-1681%

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

  • The current share price of Toga 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 Toga's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Toga's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:TOGL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-07-31) in USD $-0.12
OTCPK:TOGL Share Price ** OTCPK (2019-12-05) in USD $12.55
United States of America Interactive Media and Services Industry PE Ratio Median Figure of 26 Publicly-Listed Interactive Media and Services Companies 23.63x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.23x

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

** Primary Listing of Toga.

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

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

= 12.55 ÷ -0.12

-106.08x

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

  • Toga is loss making, we can't compare its value to the US Interactive Media and Services industry average.
  • Toga is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Toga's expected growth come at a high price?
Raw Data
OTCPK:TOGL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -106.08x
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 Interactive Media and Services Industry PEG Ratio Median Figure of 23 Publicly-Listed Interactive Media and Services Companies 1.32x
United States of America Market PEG Ratio Median Figure of 2,045 Publicly-Listed Companies 1.45x

*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 Toga, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Toga's assets?
Raw Data
OTCPK:TOGL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-07-31) in USD $0.16
OTCPK:TOGL Share Price * OTCPK (2019-12-05) in USD $12.55
United States of America Interactive Media and Services Industry PB Ratio Median Figure of 61 Publicly-Listed Interactive Media and Services Companies 2.76x
United States of America Market PB Ratio Median Figure of 5,086 Publicly-Listed Companies 1.77x
OTCPK:TOGL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 12.55 ÷ 0.16

76.07x

* Primary Listing of Toga.

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

  • Toga is overvalued based on assets compared to the US Interactive Media and Services industry average.
X
Value checks
We assess Toga'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 Interactive Media and 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 Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. Toga 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 Toga 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 Toga 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
18%
Expected Interactive Media and Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Toga expected to grow at an attractive rate?
  • Unable to compare Toga's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Toga's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Toga's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:TOGL Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 18%
United States of America Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 15.2%
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 7.4%

*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:TOGL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:TOGL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-07-31 9 3 -10
2019-04-30 6 0 -18
2019-01-31 3 -1 -12
2018-10-31 2 -1 -14
2018-07-31 1 0 -14
2018-04-30 0 -1 -3
2018-01-31 0 -3
2017-10-31 0 0
2017-07-31 0 0
2017-04-30 0 0
2017-01-31 0 0
2016-10-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Toga is high growth as no earnings estimate data is available.
  • Unable to determine if Toga 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:TOGL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Toga Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TOGL Past Financials Data
Date (Data in USD Millions) EPS *
2019-07-31 -0.12
2019-04-30 -0.16
2019-01-31 -0.08
2018-10-31 -0.07
2018-07-31 -0.05
2018-04-30 -0.01
2018-01-31 -0.01
2017-10-31 0.00
2017-07-31 0.00
2017-04-30 0.00
2017-01-31 0.00
2016-10-31 -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 Toga will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Toga's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Toga'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 Media 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 Toga'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 Toga'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.
Toga 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 Toga 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 Toga's growth in the last year to its industry (Interactive Media and 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.
  • Toga does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Toga's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Toga's 1-year growth to the US Interactive Media and Services industry average as it is not currently profitable.
Earnings and Revenue History
Toga'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 Toga Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TOGL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-07-31 8.85 -9.80 14.97 0.82
2019-04-30 5.88 -18.47 10.40 0.23
2019-01-31 2.85 -12.14 2.86 0.16
2018-10-31 2.00 -13.90 2.24 0.15
2018-07-31 1.25 -13.62 1.56 0.09
2018-04-30 0.07 -3.26 0.95
2018-01-31 -2.82 0.52
2017-10-31 -0.15 0.15
2017-07-31 -0.10 0.10
2017-04-30 0.00 0.00
2017-01-31 0.00 0.00
2016-10-31 -0.01 0.01
2016-07-31 -0.02 0.02
2016-04-30 -0.03 0.03
2016-01-31 -0.03 0.03
2015-10-31 0.05 0.02
2015-07-31 0.07 0.03
2015-04-30 0.07 0.02
2015-01-31 0.06 0.03
2014-10-31 -0.06 0.07
2014-07-31 -0.10 0.07
2014-04-30 -0.12 0.09
2014-01-31 -0.13 0.11
2013-10-31 -0.12 0.10
2013-07-31 -0.12 0.11
2013-04-30 -0.13 0.12
2013-01-31 -0.13 0.12

*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.
  • It is difficult to establish if Toga has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Toga has efficiently used its assets last year compared to the US Interactive Media and Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Toga improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Toga'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 Interactive Media and 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.
Toga 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.

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

Health

 How is Toga'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 Toga's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Toga is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Toga has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Toga'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 657.4x 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 Toga Company Filings, last reported 4 months ago.

OTCPK:TOGL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-07-31 14.92 0.03 14.92
2019-04-30 7.29 0.22 2.82
2019-01-31 7.06 0.23 2.00
2018-10-31 3.43 0.02 1.99
2018-07-31 2.54 0.21 1.06
2018-04-30 -0.09 0.02 0.47
2018-01-31 0.26 0.02 0.57
2017-10-31 -0.04 0.18 0.14
2017-07-31 -0.12 0.02 0.00
2017-04-30 -0.03 0.02
2017-01-31 -0.02 0.02
2016-10-31 -0.56 0.56
2016-07-31 -0.56 0.56
2016-04-30 -0.56 0.55 0.00
2016-01-31 -0.56 0.54 0.00
2015-10-31 -0.55 0.53 0.00
2015-07-31 -0.54 0.53 0.00
2015-04-30 -0.53 0.53 0.00
2015-01-31 -0.52 0.52
2014-10-31 -0.59 0.52
2014-07-31 -0.61 0.52
2014-04-30 -0.60 0.52
2014-01-31 -0.58 0.51
2013-10-31 -0.54 0.47
2013-07-31 -0.51 0.45
2013-04-30 -0.48 0.42
2013-01-31 -0.45 0.40
  • Toga's level of debt (0.2%) compared to net worth is satisfactory (less than 40%).
  • Toga had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
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.

  • Whilst loss making Toga has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Toga has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -12.1% per year.
X
Financial health checks
We assess Toga'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. Toga has a total score of 6/6, 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 Toga'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 Toga dividends.
If you bought $2,000 of Toga 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 Toga's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Toga'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:TOGL 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
Global Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 42 Stocks 0.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1958 Stocks 2.3%
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 Toga has not reported any payouts.
  • Unable to verify if Toga's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Toga's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Toga 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 Toga'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 Toga afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Toga 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 Toga'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
Michael Toh
COMPENSATION $1,448,985
AGE 34
TENURE AS CEO 3.5 years
CEO Bio

Mr. Kok Soon Toh, also known as Michael, has been Chairman of the Board, Chief Executive Officer and President of Toga Limited since June 13, 2016 and served as its Secretary since June 13, 2016 until August 29, 2017. Mr. Toh served as the Chief Financial Officer of Toga Limited until February 12, 2019. He serves as the Managing Director of Toga Capital Sdn Bhd, a consultancy services and customer support services company which focuses on the field of internet technologies, real estate & property development and information and communication s technology research and development of internet based platforms, helping companies with potential business ideas into successful enterprises. Prior to joining Toga Capital, he formed Gen Five Global, a Celcom authorized dealer which opened 14 branches throughout Malaysia. Prior to that, he was a global distributor representative at Leroy International, an organization that revolutionized the health industry with a new product utilizing German technology.

CEO Compensation
  • 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.
Management Team Tenure

Average tenure and age of the Toga management team in years:

0.9
Average Tenure
34
Average Age
  • The average tenure for the Toga management team is less than 2 years, this suggests a new team.
Management Team

Michael Toh

TITLE
Chairman
COMPENSATION
$1M
AGE
34
TENURE
3.5 yrs

Alex Henderson

TITLE
CFO, Secretary
COMPENSATION
$1M
AGE
53
TENURE
0.8 yrs

Roy Lim

TITLE
Non-Executive Co-Founder
AGE
30

Edward Ng

TITLE
Chief Operating Officer
AGE
34

Maggie Khee

TITLE
Group Account Manager

Freddy See

TITLE
Chief Technology Officer

Ong Sin

TITLE
Corporate Development Officer
TENURE
0.9 yrs

Hannah Sia

TITLE
Human Resources Officer
Board of Directors Tenure

Average tenure and age of the Toga board of directors in years:

0.4
Average Tenure
42
Average Age
  • The average tenure for the Toga board of directors is less than 3 years, this suggests a new board.
Board of Directors

Michael Toh

TITLE
Chairman
COMPENSATION
$1M
AGE
34
TENURE
3.5 yrs

Alex Henderson

TITLE
CFO, Secretary
COMPENSATION
$1M
AGE
53
TENURE
0.4 yrs

Jim Lupkin

TITLE
Independent Director
AGE
42
TENURE
0.4 yrs

Iain Bratt

TITLE
Independent Director
AGE
56
TENURE
0.4 yrs

Shemori BoShae

TITLE
Independent Director
AGE
36
TENURE
0.4 yrs
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 Toga'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. Toga 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

Toga Limited develops social media app for mobile devices. It offers Yippi, a messaging app that focuses on entertainment and security, which allows users to send various messages, photos, and voice messages, as well as broadcasts to up to 100 contacts at a time. The company was formerly known as Blink Couture, Inc. and changed its name to Toga Limited in December 2016. Toga Limited was founded in 2003 and is headquartered in Las Vegas, Nevada.

Details
Name: Toga Limited
TOGL
Exchange: OTCPK
Founded: 2003
$1,025,697,553
91,011,318
Website: http://www.togalimited.com
Address: Toga Limited
3960 Howard Hughes Parkway,
Suite 500,
Las Vegas,
Nevada, 89169,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK TOGL Common Stock Pink Sheets LLC US USD 26. Mar 2007
Number of employees
Current staff
Staff numbers
60
Toga employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/06 00:04
End of day share price update: 2019/12/05 00:00
Last earnings filing: 2019/11/14
Last earnings reported: 2019/07/31
Last annual earnings reported: 2019/07/31


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.