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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Lineage Grow. 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
Lineage Grow'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 Lineage Grow 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 Personal Products industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Lineage Grow's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Lineage Grow's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Lineage Grow's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Lineage Grow is high growth as no earnings estimate data is available.
Unable to determine if Lineage Grow 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.
Lineage Grow'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. Peter O. Bilodeau is President and Director at Quinsam Capital Corp. since December 27, 2017. Mr. Bilodeau has been Chief Executive Officer of Lineage Grow Company Ltd. and has been its President since April 16, 2018. He was a consultant to Quinsam following the acquisition of High Standard Royalty Corp. Mr. Bilodeau has over 35 years of experience in the business world. He has an extensive background in corporate finance, management, financial consulting and real estate. He serves as the President of Energex Petroleum Inc. and FMI Capital Advisory Inc. His business prowess is frequently called upon through his consulting business. He served as the Interim Chief Executive Officer of Lineage Grow Company Ltd. since April 16, 2018. He served as the Chief Executive Officer and President of Lineage Grow Company Ltd. (Formerly, Lakeside Minerals Inc.) from October 01, 2015 to April 24, 2017. He served as the Chief Executive Officer of Onco Petroleum Inc. since October 2008. Mr. Bilodeau served as the President and Chief Executive Officer of EBSI Group. He served as Chief Executive Officer at Energex Petroleum Inc. Prior to launching his entrepreneurial career, he served for one of Canada's major chartered banks quickly advancing to the senior management ranks in Commercial Banking with tours of duty in Executive Office, Regional Office and various Commercial Banking Centres in Northern and Southwestern Ontario. He was real estate appraiser. He served as Chairman of Onco Petroleum Inc. since October 2008 and its Director since September 2008. He serves as the Director at Energex Petroleum Inc. He serves as Member of the Board of Directors of several companies in the automotive, retail and financial services sectors. He has been a Director of Lineage Grow Company Ltd. since October 2013. Mr. Bilodeau is Fellow of the Institute of Canadian Bankers. He holds an MBA from Dalhousie University.
Peter's compensation has been consistent with company performance over the past year.
Peter's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Lineage Grow management team is less than 2 years, this suggests a new team.
CEO, President & Director
Chief Financial Officer
Vice President of Retail
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Lineage Grow board of directors is less than 3 years, this suggests a new board.
Lineage Grow Company Ltd. develops cannabis cultivation facilities. It also manufactures and distributes cannabis; and assists state-licensed operators engaged in the cultivation, manufacturing, and distribution of cannabis in the United States. The company was formerly known as Lakeside Minerals Inc. and changed its name to Lineage Grow Company Ltd. in July 2017. Lineage Grow Company Ltd. is based in Toronto, Canada.
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