Freshii
Market Cap
CA$96.2m
Last Updated
2019/09/18 01:15 UTC
Data Sources
Company Financials +
Executive Summary
Freshii Inc., together with its subsidiaries, develops, franchises, and operates quick-serve restaurants in Canada, the United States, and internationally.
Snowflake
Fundamentals
Flawless balance sheet with moderate growth potential.
Risks
- Freshii has significant price volatility in the past 3 months.
Similar Companies
Share Price & News
How has Freshii's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.0%
TSX:FRII
0.3%
CA Hospitality
1.6%
CA Market
1 Year Return
-29.2%
TSX:FRII
-17.4%
CA Hospitality
-0.3%
CA Market
FRII underperformed the Hospitality industry which returned -16.5% over the past year.
FRII underperformed the Market in Canada which returned -0.5% over the past year.
Share holder returns
| FRII | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.0% | 0.3% | 1.6% |
| 30 Day | 16.5% | 6.5% | 4.1% |
| 90 Day | 37.2% | -2.9% | 1.1% |
| 1 Year | -29.2%-29.2% | -16.8%-17.4% | 3.3%-0.3% |
| 3 Year | n/a | 22.9%19.6% | 19.3%8.6% |
| 5 Year | n/a | -3.4%-6.2% | 21.6%4.1% |
Price Volatility Vs. Market
How volatile is Freshii's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
How Many Freshii Inc. (TSE:FRII) Shares Do Institutions Own?2 months ago | Simply Wall St
A Look At The Intrinsic Value Of Freshii Inc. (TSE:FRII)3 months ago | Simply Wall St
Such Is Life: How Freshii (TSE:FRII) Shareholders Saw Their Shares Drop 67%Valuation
Is Freshii undervalued based on future cash flows and its price relative to the stock market?
2.17x
Price to Book (PB) ratio
Intrinsic Value Based on Future Cash Flows
Freshii's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Freshii's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Freshii is loss making, we can't compare its value to the CA Hospitality industry average.
Freshii is loss making, we can't compare the value of its earnings to the Canada market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Freshii, we can't assess if its growth is good value.
Price Based on Value of Assets
Freshii is overvalued based on assets compared to the CA Hospitality industry average.
Next Steps
Future Growth
How is Freshii expected to perform in the next 1 to 3 years based on estimates from 5 analysts?
105.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Freshii's revenue is expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).
Freshii's earnings are expected to grow significantly at over 20% yearly.
Freshii's revenue growth is positive but not above the Canada market average.
Freshii's earnings growth is expected to exceed the Canada market average.
Freshii's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Freshii will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Freshii performed over the past 5 years?
-28.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Freshii does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
Unable to compare Freshii's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare Freshii's 1-year growth to the CA Hospitality industry average as it is not currently profitable.
Return on Equity
It is difficult to establish if Freshii has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Return on Assets
It is difficult to establish if Freshii has efficiently used its assets last year compared to the CA Hospitality industry average (Return on Assets) as it is loss-making.
Return on Capital Employed
It is difficult to establish if Freshii improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Next Steps
Financial Health
How is Freshii's financial position?
Financial Position Analysis
Freshii is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Freshii's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Freshii has no debt.
Freshii currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Balance Sheet
Low level of unsold assets.
Freshii has no debt, it does not need to be covered by short term assets.
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 Freshii has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
Whilst loss making Freshii has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.6% per year.
Next Steps
Dividend
What is Freshii's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate Freshii's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Freshii's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Freshii has not reported any payouts.
Unable to verify if Freshii's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Freshii 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.
Next Steps
Management
What is the CEO of Freshii's salary, the management and board of directors tenure and is there insider trading?
2.9yrs
Average management tenure
CEO
Matthew Corrin 0
12.2yrs
Tenure
US$1,685,006
Compensation
Mr. Matthew Corrin founded Freshii Inc. in February 2005 and has been its Chairman and Chief Executive Officer since July 19, 2007. Mr. Corrin founded Freshii USA, Inc. in 2005 and serves as its Chief Exec ...
CEO Compensation Analysis
Matthew's remuneration is higher than average for companies of similar size in Canada.
Matthew's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
2.9yrs
Average Tenure
The tenure for the Freshii management team is about average.
Board Age and Tenure
2.7yrs
Average Tenure
The average tenure for the Freshii board of directors is less than 3 years, this suggests a new board.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Matthew Corrin
Founder
- Tenure: 12.2yrs
- Compensation: US$1.69m
Adam Corrin
COO & Director
- Tenure: 2.7yrs
- Compensation: US$600.01k
Melissa Gallagher
Vice President of Marketing
- Tenure: 2.9yrs
Paul Hughes
Chief Business Development Officer
- Tenure: 2.3yrs
- Compensation: US$300.01k
Dan Haroun
Chief Financial Officer
- Tenure: 0.08yrs
Board Members
Jeff Burchell
Lead Independent Director
- Tenure: 2.7yrs
- Compensation: US$100.00k
Heather Briant (58yo)
Director
- Tenure: 1.7yrs
- Compensation: US$100.00k
Marc Kielburger
Director
- Tenure: 2.7yrs
- Compensation: US$75.00k
Bill Schultz
Director
- Tenure: 0.08yrs
Matthew Corrin
Founder
- Tenure: 12.2yrs
- Compensation: US$1.69m
Michele Romanow (34yo)
Independent Director
- Tenure: 2.7yrs
- Compensation: US$85.00k
Adam Corrin
COO & Director
- Tenure: 2.7yrs
- Compensation: US$600.01k
Neil Pasricha
Director
- Tenure: 0.6yrs
Company Information
Freshii Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Freshii Inc.
- Ticker: FRII
- Exchange: TSX
- Founded: 2005
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: CA$96.223m
- Shares outstanding: 31.04m
- Website: https://www.freshii.com
Number of Employees
Location
- Freshii Inc.
- 1027 Yonge Street
- Toronto
- Ontario
- M4W 2L2
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FRII | TSX (The Toronto Stock Exchange) | Common Shares | CA | CAD | Jan 2017 | |
| FRII | TSX (The Toronto Stock Exchange) | Yes | Class A Subordinate Voting Shares | CA | CAD | Jan 2017 |
| 3FI | DB (Deutsche Boerse AG) | Yes | Class A Subordinate Voting Shares | DE | EUR | Jan 2017 |
| FRHH.F | OTCPK (Pink Sheets LLC) | Yes | Class A Subordinate Voting Shares | US | USD | Jan 2017 |
Biography
Freshii Inc., together with its subsidiaries, develops, franchises, and operates quick-serve restaurants in Canada, the United States, and internationally. Its restaurants offer salads, bowls, burritos, wr ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/18 01:15 |
| End of Day Share Price | 2019/09/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/30 |
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.