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
Inner Spirit Holdings. 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
Inner Spirit Holdings's
is considered below, and whether this is a fair price.
Price based on past earnings
Inner Spirit Holdings'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 Inner Spirit Holdings 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 Specialty Retail industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Inner Spirit Holdings
expected to grow at an
Unable to compare Inner Spirit Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Inner Spirit Holdings's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Inner Spirit Holdings's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Inner Spirit Holdings is high growth as no earnings estimate data is available.
Unable to determine if Inner Spirit Holdings 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.
Inner Spirit Holdings'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.
Inner Spirit Holdings
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Inner Spirit Holdings's finances.
The net worth of a company is the difference between its assets and liabilities.
Inner Spirit Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Inner Spirit Holdings's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Inner Spirit Holdings'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
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 1.5x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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. Darren Bondar has been the President and Chief Executive Officer at Inner Spirit Holdings Ltd. since March 16, 2017 and has been its Director since August 2017. Mr. Bondar is responsible for the overall direction and business development. He served as Chief Executive Officer at WATCH IT! Inc. He served as Chief Executive Officer of ISH PrivateCo. since March 16, 2017. Mr. Bondar also served as the President and Chief Executive Officer of Comfortable Image Inc. since 1999. He grew up working alongside his grandfather on the sales floor while he developed his entrepreneurial skills, as his family was in the furniture business for over 60 years. He has over 15 years of experience in the retail industry from WATCH IT! and personal business skills. His passion for the industry and pride in his business has led him to solidify WATCH IT! as the destination for a pair of quality and fashionable sunglasses and watches in the country. He was also selected to the 2010 Class of Avenue Edmonton magazine’s 'Top 40 Under 40' awards. He earned his Bachelor of Arts Degree at the University of Western Ontario and an MBA at the University of Alberta.
Darren's compensation has increased whilst company is loss making.
Darren's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
Inner Spirit Holdings
management team in years:
The tenure for the Inner Spirit Holdings management team is about average.
CFO & Director
Manager of Marketing & Communications
Human Resources Manager
Board of Directors Tenure
Average tenure and age of the
Inner Spirit Holdings
board of directors in years:
The average tenure for the Inner Spirit Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors
CFO & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Need To Know: Inner Spirit Holdings Ltd. (CNSX:ISH) Insiders Have Been Selling Shares
So we'll take a look at whether insiders have been buying or selling shares in Inner Spirit Holdings Ltd. … For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year.' View our latest analysis for Inner Spirit Holdings The Last 12 Months Of Insider Transactions At Inner Spirit Holdings In the last twelve months, the biggest single sale by an insider was when the CFO & Director, Christopher Gulka, sold CA$90k worth of shares at a price of CA$0.24 per share. … CNSX:ISH Recent Insider Trading, August 30th 2019 Insider Ownership of Inner Spirit Holdings Many investors like to check how much of a company is owned by insiders.
What Kind Of Investor Owns Most Of Inner Spirit Holdings Ltd. (CNSX:ISH)?
As Charlie Munger said 'Show me the incentive and I will show you the outcome.' Inner Spirit Holdings is a smaller company with a market capitalization of CA$39m, so it may still be flying under the radar of many institutional investors. … Insider Ownership Of Inner Spirit Holdings The definition of company insiders can be subjective, and does vary between jurisdictions. … General Public Ownership The general public, who are mostly retail investors, collectively hold 79% of Inner Spirit Holdings shares.
Inner Spirit Holdings Ltd., through its subsidiaries, operates a network of recreational cannabis stores under the Spiritleaf brand. It sells cannabis and accessories through its stores, as well as operates franchise cannabis dispensary. The company also markets, sells, and distributes watches, sunglasses, and related accessories, as well as provides watch repair services. As of November 5, 2019, it operated 37 Spiritleaf stores and two e-commerce sites. The company was incorporated in 2017 and is headquartered in Calgary, Canada.
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