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
Icanic Brands. 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
Icanic Brands'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 Icanic Brands 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 Icanic Brands's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Icanic Brands's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Icanic Brands's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Icanic Brands is high growth as no earnings estimate data is available.
Unable to determine if Icanic Brands 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.
Icanic Brands'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. Brandon Kou serves as Chief Executive Officer of Integrated Cannabis Company, Inc. since December 17, 2019. He serves as the General Manager of Steve Nash Enterprises. Mr. Kou is a co-founder of Keeply Inc and Mavan Capital Partners. He co-founded APOKO LLC. He has been with Steve Nash Enterprises since October 2008. He is responsible for managing and providing growth strategies for the existing portfolio companies, including Indochino Inc., Sharecare, Inc., the Vancouver Whitecaps Soccer Team, Sharecare, Onebode Holdings LLC and Steve Nash Sports Club and Fitness World. Mr. Kou also leads the origination and evaluation of new opportunities for Steve Nash Enterprises. In addition to his responsibilities at Steve Nash Enterprises, Mr. Kou serves as a proxy for the Board of Directors for Steve Nash Sports Club and Fitness World, a growing chain of fitness clubs in Vancouver. Mr. Kou also runs Meathawk LLC, a film production company that focuses on feature films and television and develops and executes video content campaigns for various companies including Toyota, Vitamin Water and EA Sports. Prior to joining Steve Nash Enterprises, Mr. Kou provided investment banking services at Houlihan Lokey where he focused on the Media, Sports and Entertainment industries from August 2007 to October 2008. Mr. Kou has previously served on the Board of Directors for Liquid Nutrition. He served as Chairman of the Board for OneBode Holdings LLC. He served as an Independent Director of Spyder Cannabis Inc. (formerly, Anchor Capital Corporation) from February 20, 2014 to October 8, 2019. Mr. Kou serves on the Board of Advisers for Radpad Inc., Work Force Athletics and Farafena. Mr. Kou served on the Board of Directors for APOKO LLC. He served as a Director of Liquid Nutrition Group Inc. from May 2011 to December 2013. Mr. Kou holds Bachelor of Science in Financial Analysis and Valuation from the Marshal School of Business at the University of Southern California.
Insufficient data for Brandon to compare compensation growth.
Insufficient data for Brandon to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Icanic Brands management team is less than 2 years, this suggests a new team.
CFO & Director
Chief Executive Officer
President & Director
Chief Visionary Officer
Chief Strategy Officer
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Icanic Brands board of directors is less than 3 years, this suggests a new board.
Board of Directors
CFO & Director
President & Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Icanic Brands individual insiders in the past 3 months, but not in substantial volumes.
Icanic Brands Company Inc. provides life enhancement products in Canada. The company owns license for X-Sprays, a brand of life enhancement products administered through an oral spray delivery system. It markets and sells dietary supplements for nonmedical use primarily cannabinoid and cannabis-infused sprays, as well as non-cannabis infused sprays. The company was formerly known as Integrated Cannabis Company, Inc. and changed its name to Icanic Brands Company Inc. in February 2020. Icanic Brands Company Inc. is headquartered in Vancouver, Canada.
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