Freshii
Market Cap
CA$41.4m
Last Updated
2020/09/28 23:43 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. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet and slightly overvalued.
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
Stable Share Price: FRII has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-3.7%
FRII
3.3%
CA Hospitality
1.0%
CA Market
1 Year Return
-58.7%
FRII
-23.6%
CA Hospitality
-5.7%
CA Market
Return vs Industry: FRII underperformed the Canadian Hospitality industry which returned -24.1% over the past year.
Return vs Market: FRII underperformed the Canadian Market which returned -8% over the past year.
Shareholder returns
| FRII | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.7% | 3.3% | 1.0% |
| 30 Day | -3.0% | 3.4% | -2.6% |
| 90 Day | -4.4% | 0.9% | 5.5% |
| 1 Year | -58.7%-58.7% | -20.9%-23.6% | -2.4%-5.7% |
| 3 Year | -76.2%-76.2% | -4.1%-12.3% | 7.3%-3.0% |
| 5 Year | n/a | 60.1%42.0% | 37.4%16.3% |
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
2 months ago | Simply Wall St
Industry Analysts Just Upgraded Their Freshii Inc. (TSE:FRII) Revenue Forecasts By 12%3 months ago | Simply Wall St
Did You Manage To Avoid Freshii's (TSE:FRII) Devastating 91% Share Price Drop?4 months ago | Simply Wall St
Does Freshii Inc. (TSE:FRII) Have A Particularly Volatile Share Price?Valuation
Is Freshii undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FRII (CA$1.29) is trading below our estimate of fair value (CA$3.76)
Significantly Below Fair Value: FRII is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FRII is unprofitable, so we can't compare its PE Ratio to the CA Hospitality industry average.
PE vs Market: FRII is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FRII's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FRII's PB Ratio (1x) is in line with the CA Hospitality industry average.
Next Steps
Future Growth
How is Freshii forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
137.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FRII is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: FRII is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: FRII is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: FRII's revenue (12.6% per year) is forecast to grow faster than the Canadian market (5.2% per year).
High Growth Revenue: FRII's revenue (12.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FRII's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Freshii performed over the past 5 years?
-37.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FRII is currently unprofitable.
Growing Profit Margin: FRII is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FRII is unprofitable, and losses have increased over the past 5 years at a rate of 37.2% per year.
Accelerating Growth: Unable to compare FRII's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FRII is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-6.7%).
Return on Equity
High ROE: FRII has a negative Return on Equity (-12.8%), as it is currently unprofitable.
Next Steps
Financial Health
How is Freshii's financial position?
Financial Position Analysis
Short Term Liabilities: FRII's short term assets ($33.5M) exceed its short term liabilities ($7.0M).
Long Term Liabilities: FRII's short term assets ($33.5M) exceed its long term liabilities ($11.3M).
Debt to Equity History and Analysis
Debt Level: FRII is debt free.
Reducing Debt: FRII currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Balance Sheet
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.
Stable Cash Runway: Whilst unprofitable FRII has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FRII is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.3% per year.
Next Steps
Dividend
What is Freshii current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FRII's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FRII's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FRII's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FRII's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FRII's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.9yrs
Average management tenure
CEO
Matthew Corrin
13.17yrs
Tenure
US$1,685,006
Compensation
Mr. Matthew Corrin founded Freshii Inc. in February 2005 and has been its Chairman and Chief Executive Officer since July 19, 2007. Mr. Corrin founded Freshii USA, Inc. in 2005 and serves as its Chief Exec ...
CEO Compensation Analysis
Compensation vs Market: Matthew's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD174.80K).
Compensation vs Earnings: Matthew's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 13.17yrs | US$1.69m | 0.95% $ 392.7k | |
| COO & Director | 3.67yrs | US$600.01k | 0.11% $ 45.8k | |
| Chief Business Development Officer | 3.33yrs | US$300.01k | no data | |
| Chief Financial Officer | 1.08yrs | no data | 0.16% $ 64.4k | |
| Vice President of Marketing | 3.92yrs | no data | no data |
3.9yrs
Average Tenure
Experienced Management: FRII's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 13.17yrs | US$1.69m | 0.95% $ 392.7k | |
| COO & Director | 3.67yrs | US$600.01k | 0.11% $ 45.8k | |
| Director | 0.67yr | no data | 0.032% $ 13.1k | |
| Independent Director | 2.67yrs | US$100.00k | 0.018% $ 7.4k | |
| Independent Director | 1.08yrs | no data | 0.069% $ 28.5k | |
| Independent Director | 3.67yrs | US$85.00k | 0.0025% $ 1.0k |
3.2yrs
Average Tenure
59yo
Average Age
Experienced Board: FRII's board of directors are considered experienced (3.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$41.382m
- Shares outstanding: 31.59m
- Website: https://www.freshii.com
Number of Employees
Location
- Freshii Inc.
- 1027 Yonge Street
- Unit 300
- Toronto
- Ontario
- M4W 2L2
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 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 | 2020/09/28 23:43 |
| End of Day Share Price | 2020/09/28 00:00 |
| Earnings | 2020/06/28 |
| Annual Earnings | 2019/12/29 |
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.