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SLANG Worldwide

CNSX:SLNG
Snowflake Description

High growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SLNG
CNSX
CA$178M
Market Cap
  1. Home
  2. CA
  3. Pharmaceuticals & Biotech
Company description

SLANG Worldwide Inc. operates as a cannabis consumer packaged goods company worldwide. The last earnings update was 26 days ago. More info.


Add to Portfolio Compare Print
  • SLANG Worldwide has significant price volatility in the past 3 months.
SLNG Share Price and Events
7 Day Returns
-16.9%
CNSX:SLNG
-5.9%
CA Pharmaceuticals
1.3%
CA Market
1 Year Returns
-
CNSX:SLNG
-46.7%
CA Pharmaceuticals
-0.1%
CA Market
SLNG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SLANG Worldwide (SLNG) -16.9% -19.6% -50.7% - - -
CA Pharmaceuticals -5.9% -3.4% -24.8% -46.7% 217.3% 286.4%
CA Market 1.3% 4.2% 1.6% -0.1% 8.4% 5.7%
1 Year Return vs Industry and Market
  • No trading data on SLNG.
  • No trading data on SLNG.
Price Volatility
Industry
5yr Volatility vs Market

SLNG Value

 Is SLANG Worldwide 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 SLANG Worldwide 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 SLANG Worldwide.

CNSX:SLNG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

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 CNSX:SLNG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Pharmaceuticals Unlevered Beta Simply Wall St/ S&P Global 0.7
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.698 (1 + (1- 26.5%) (2.52%))
0.807
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.81
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (0.807 * 5.96%)
6.75%

Discounted Cash Flow Calculation for CNSX:SLNG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for SLANG Worldwide 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.

CNSX:SLNG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 6.75%)
2020 41.22 Analyst x1 38.61
2021 66.87 Est @ 62.22% 58.68
2022 96.39 Est @ 44.14% 79.23
2023 126.73 Est @ 31.48% 97.58
2024 155.39 Est @ 22.62% 112.08
2025 180.91 Est @ 16.42% 122.22
2026 202.76 Est @ 12.08% 128.32
2027 221.08 Est @ 9.04% 131.06
2028 236.36 Est @ 6.91% 131.26
2029 249.17 Est @ 5.42% 129.62
Present value of next 10 years cash flows CA$1,028.00
CNSX:SLNG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$249.17 × (1 + 1.95%) ÷ (6.75% – 1.95%)
CA$5,284.56
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$5,284.56 ÷ (1 + 6.75%)10
CA$2,748.98
CNSX:SLNG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$1,028.00 + CA$2,748.98
CA$3,776.98
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$3,776.98 / 240.39
CA$15.71
CNSX:SLNG Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$15.71
Current discount Discount to share price of CA$0.74
= -1 x (CA$0.74 - CA$15.71) / CA$15.71
95.3%

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

Current Discount
Amount off the current price SLANG Worldwide is available for.
Intrinsic value
>50%
Share price is CA$0.74 vs Future cash flow value of CA$15.71
Current Discount Checks
For SLANG Worldwide to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • SLANG Worldwide's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • SLANG Worldwide's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 SLANG Worldwide's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SLANG Worldwide's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:SLNG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.09
CNSX:SLNG Share Price ** CNSX (2019-09-20) in CAD CA$0.74
Canada Pharmaceuticals Industry PE Ratio Median Figure of 13 Publicly-Listed Pharmaceuticals Companies 15.3x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 14.14x

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

** Primary Listing of SLANG Worldwide.

CNSX:SLNG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:SLNG Share Price ÷ EPS (both in CAD)

= 0.74 ÷ -0.09

-8.54x

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

  • SLANG Worldwide is loss making, we can't compare its value to the CA Pharmaceuticals industry average.
  • SLANG Worldwide is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does SLANG Worldwide's expected growth come at a high price?
Raw Data
CNSX:SLNG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
82.5%per year
Canada Pharmaceuticals Industry PEG Ratio Median Figure of 7 Publicly-Listed Pharmaceuticals Companies 1.56x
Canada Market PEG Ratio Median Figure of 245 Publicly-Listed Companies 1.02x

*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 SLANG Worldwide, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SLANG Worldwide's assets?
Raw Data
CNSX:SLNG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$0.98
CNSX:SLNG Share Price * CNSX (2019-09-20) in CAD CA$0.74
Canada Pharmaceuticals Industry PB Ratio Median Figure of 151 Publicly-Listed Pharmaceuticals Companies 2.36x
Canada Market PB Ratio Median Figure of 2,457 Publicly-Listed Companies 1.43x
CNSX:SLNG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:SLNG Share Price ÷ Book Value per Share (both in CAD)

= 0.74 ÷ 0.98

0.76x

* Primary Listing of SLANG Worldwide.

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

  • SLANG Worldwide is good value based on assets compared to the CA Pharmaceuticals industry average.
X
Value checks
We assess SLANG Worldwide'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 Pharmaceuticals 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 Pharmaceuticals industry average (and greater than 0)? (1 check)
  5. SLANG Worldwide has a total score of 3/6, 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.

SLNG Future Performance

 How is SLANG Worldwide expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

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
82.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SLANG Worldwide expected to grow at an attractive rate?
  • SLANG Worldwide's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • SLANG Worldwide's earnings growth is expected to exceed the Canada market average.
  • SLANG Worldwide's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
CNSX:SLNG Future Growth Rates Data Sources
Data Point Source Value (per year)
CNSX:SLNG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 82.5%
CNSX:SLNG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 69.5%
Canada Pharmaceuticals Industry Earnings Growth Rate Market Cap Weighted Average 97.7%
Canada Pharmaceuticals Industry Revenue Growth Rate Market Cap Weighted Average 56.5%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*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
CNSX:SLNG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:SLNG Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 641 175 1
2021-12-31 408 110 1
2020-12-31 246 35 3
2019-12-31 31 -10 2
2019-09-22
CNSX:SLNG Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 15 -12 -13
2019-03-31 9 -13 -44
2018-12-31 5 -3 -28
2018-09-30 3 -3 -31
2017-12-31 0 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SLANG Worldwide's earnings are expected to grow significantly at over 20% yearly.
  • SLANG Worldwide's revenue is expected to grow significantly at over 20% yearly.
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
CNSX:SLNG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from SLANG Worldwide Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:SLNG Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.49 0.49 0.49 1.00
2021-12-31 0.31 0.31 0.31 1.00
2020-12-31 0.11 0.15 0.08 3.00
2019-12-31 -0.02 0.00 -0.03 2.00
2019-09-22
CNSX:SLNG Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.09
2019-03-31 -0.39
2018-12-31 -0.37
2018-09-30 -0.47
2017-12-31 -0.05

*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 SLANG Worldwide will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess SLANG Worldwide'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 Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada 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.
SLANG Worldwide has a total score of 5/6, 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.

SLNG Past Performance

  How has SLANG Worldwide 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 SLANG Worldwide's growth in the last year to its industry (Pharmaceuticals).
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.
  • SLANG Worldwide does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare SLANG Worldwide's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare SLANG Worldwide's 1-year growth to the CA Pharmaceuticals industry average as it is not currently profitable.
Earnings and Revenue History
SLANG Worldwide'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 SLANG Worldwide Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:SLNG Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 15.21 -13.11 28.11
2019-03-31 8.67 -43.81 23.09
2018-12-31 4.77 -28.28 17.10
2018-09-30 2.60 -30.91 14.01
2017-12-31 0.07 -1.46 0.31

*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 SLANG Worldwide has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if SLANG Worldwide has efficiently used its assets last year compared to the CA Pharmaceuticals industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if SLANG Worldwide 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 SLANG Worldwide'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 Pharmaceuticals 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.
SLANG Worldwide 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.

SLNG Health

 How is SLANG Worldwide'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 SLANG Worldwide's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SLANG Worldwide is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SLANG Worldwide's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of SLANG Worldwide'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 7.1x 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 SLANG Worldwide Company Filings, last reported 2 months ago.

CNSX:SLNG Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 217.76 4.23 13.03
2019-03-31 188.51 4.45 13.07
2018-12-31 65.60 2.75 0.18
2018-09-30 64.28 2.63 3.16
2017-12-31 0.94 0.00 0.17
  • SLANG Worldwide's level of debt (1.9%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if SLANG Worldwide's debt level has increased without past 5-year debt data.
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.

  • SLANG Worldwide has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if SLANG Worldwide has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess SLANG Worldwide'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. SLANG Worldwide has a total score of 2/6, 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.

SLNG Dividends

 What is SLANG Worldwide'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 SLANG Worldwide dividends.
If you bought CA$2,000 of SLANG Worldwide shares you are expected to receive CA$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 SLANG Worldwide's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate SLANG Worldwide'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
CNSX:SLNG 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 3 Analyst Estimates (S&P Global) See Below
North America Pharmaceuticals Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.8%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

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

CNSX:SLNG Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31
2019-09-22

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

  • Unable to perform a dividend volatility check as SLANG Worldwide has not reported any payouts.
  • Unable to verify if SLANG Worldwide's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of SLANG Worldwide's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as SLANG Worldwide 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 SLANG Worldwide's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 SLANG Worldwide afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SLANG Worldwide 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.

SLNG Management

 What is the CEO of SLANG Worldwide'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
Peter W. Miller
COMPENSATION CA$150,000
TENURE AS CEO 2.3 years
CEO Bio

Mr. Peter W. J. Miller has been Chief Executive Officer at SLANG Worldwide Inc. since May 2017. Mr. Miller serves as Chairman at SLANG Worldwide Inc. and has been its Director since 2017. He served as Chief Executive Officer and Director at Fire Cannabis Inc. Mr. Miller served as the President of Agripharm Corp at Mettrum Health Corp.

CEO Compensation
  • Peter W.'s compensation has increased whilst company is loss making.
  • Peter W.'s remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the SLANG Worldwide management team in years:

1.4
Average Tenure
  • The average tenure for the SLANG Worldwide management team is less than 2 years, this suggests a new team.
Management Team

Peter W. Miller

TITLE
Chairman & CEO
COMPENSATION
CA$150K
TENURE
2.3 yrs

Billy Levy

TITLE
President & Director
COMPENSATION
CA$155K

Kelly Ehler

TITLE
Chief Financial Officer
COMPENSATION
CA$466K
AGE
57
TENURE
1.4 yrs

Kristina McCahon

TITLE
Director of Investor Relations & Chief of Staff
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the SLANG Worldwide board of directors in years:

0.8
Average Tenure
57
Average Age
  • The average tenure for the SLANG Worldwide board of directors is less than 3 years, this suggests a new board.
Board of Directors

Peter W. Miller

TITLE
Chairman & CEO
COMPENSATION
CA$150K

Billy Levy

TITLE
President & Director
COMPENSATION
CA$155K

Keith Stein

TITLE
Director
AGE
55
TENURE
2.7 yrs

William Stocks

TITLE
Director
AGE
65
TENURE
0.8 yrs

Chris Driessen

TITLE
Director
TENURE
2.7 yrs

Colin Baden

TITLE
Director
AGE
57
TENURE
0.8 yrs

Olaf van Tulder

TITLE
Director
TENURE
2.7 yrs

Jeremy Heidl

TITLE
Director
TENURE
0.2 yrs

Chris McElvany

TITLE
Director
TENURE
0.2 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 (CA$) Value (CA$)
X
Management checks
We assess SLANG Worldwide'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. SLANG Worldwide 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.

SLNG News

Simply Wall St News

Do Directors Own SLANG Worldwide Inc. (CNSX:SLNG) Shares?

Check out our latest analysis for SLANG Worldwide CNSX:SLNG Ownership Summary, July 11th 2019 What Does The Lack Of Institutional Ownership Tell Us About SLANG Worldwide? … Insider Ownership Of SLANG Worldwide The definition of an insider can differ slightly between different countries, but members of the board of directors always count. … General Public Ownership The general public, who are mostly retail investors, collectively hold 77% of SLANG Worldwide shares.

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SLNG Company Info

Description

SLANG Worldwide Inc. operates as a cannabis consumer packaged goods company worldwide. The company develops, markets, and distributes a portfolio of branded cannabis products across 2,600 stores in the United States. The company was formerly known as Fire Cannabis Inc. and changed its name to SLANG Worldwide Inc. in November 26, 2018. SLANG Worldwide Inc. was incorporated in 2017 and is headquartered in Toronto, Canada.

Details
Name: SLANG Worldwide Inc.
SLNG
Exchange: CNSX
Founded: 2017
CA$177,888,077
240,389,294
Website: http://www.slangworldwide.co
Address: SLANG Worldwide Inc.
50 Carroll Street,
Toronto,
Ontario, M4M 3G3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX SLNG Common Shares Canadian National Stock Exchange CA CAD 29. Jan 2019
OTCPK SLGW.F Common Shares Pink Sheets LLC US USD 29. Jan 2019
DB 84S Common Shares Deutsche Boerse AG DE EUR 29. Jan 2019
Number of employees
Current staff
Staff numbers
0
SLANG Worldwide employees.
Industry
Pharmaceuticals
Pharmaceuticals & Biotech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:53
End of day share price update: 2019/09/20 00:00
Last estimates confirmation: 2019/09/11
Last earnings filing: 2019/08/27
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.