How does ICE's PE Ratio compare to its peers?

ICE is expensive based on its Price-To-Earnings Ratio (113.9x) compared to the peer average (15.8x).

How does ICE's PE Ratio compare vs other companies in the North American Hospitality Industry?

ICE is expensive based on its Price-To-Earnings Ratio (113.9x) compared to the North American Hospitality industry average (22.1x).

What is ICE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate ICE's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of ICE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ICE (CA$4.1) is trading below our estimate of [[fair value]] (CA$5.7)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Canlan Ice Sports (TSX:ICE) - Stock Price, News & Analysis

ICE Stock Overview

Engages in the acquisition, development, lease, and operation of recreation facilities in North America. More details

ICE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	2/6
Dividends	4/6

Rewards

Trading at 28% below our estimate of its fair value

Risk Analysis

Interest payments are not well covered by earnings

Shares are highly illiquid

Does not have a meaningful market cap (CA$55M)

Unstable dividend track record

+ 1 more risk

Canlan Ice Sports Corp. Competitors

TWC Enterprises

TSX:TWC

CA$432.0m

SIR Royalty Income Fund

TSX:SRV.UN

CA$122.1m

Gamehost

TSX:GH

CA$230.1m

Keg Royalties Income Fund

TSX:KEG.UN

CA$256.6m

Price History & Performance

Summary of all time highs, changes and price drops for Canlan Ice Sports
Historical stock prices
Current Share Price	CA$4.10
52 Week High	CA$4.40
52 Week Low	CA$3.60
Beta	1.01
11 Month Change	5.13%
3 Month Change	13.89%
1 Year Change	0%
33 Year Change	17.14%
5 Year Change	-17.17%
Change since IPO	-94.38%

Canlan Ice Sports (TSE:ICE) Is Due To Pay A Dividend Of CA$0.03

Nov 20

Recent updates

Canlan Ice Sports (TSE:ICE) Is Due To Pay A Dividend Of CA$0.03

Nov 20

Canlan Ice Sports (TSE:ICE) Is Paying Out A Dividend Of CA$0.03

Jun 19

It's Probably Less Likely That Canlan Ice Sports Corp.'s (TSE:ICE) CEO Will See A Huge Pay Rise This Year

Jun 13

Shareholder Returns

	ICE	CA Hospitality	CA Market
7D	0%	2.6%	2.1%
1Y	0%	-0.7%	23.4%

Return vs Industry: ICE matched the Canadian Hospitality industry which returned -0.7% over the past year.

Return vs Market: ICE underperformed the Canadian Market which returned 23.1% over the past year.

Price Volatility

Is ICE's price volatile compared to industry and market?
ICE volatility
ICE Average Weekly Movement	n/a
Hospitality Industry Average Movement	3.2%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: ICE's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: Insufficient data to determine ICE's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2004	1,000	Joey St-Aubin	www.canlansports.com

Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of recreation facilities in North America. It operates through Ice/Field Sales and Internal Programming; Food and Beverage; Sports Stores; Sponsorship; Space Rental; and Management and Consulting segments. It offers rental of ice or field time, organizes leagues, and tournaments, and lessons and youth camps; restaurants and concession outlets; vindoor and exterior space services.

Canlan Ice Sports Corp. Fundamentals Summary

How do Canlan Ice Sports's earnings and revenue compare to its market cap?
ICE fundamental statistics
Market cap	CA$54.68m
Earnings (TTM)	CA$480.00k
Revenue (TTM)	CA$92.61m

113.9x

P/E Ratio

0.6x

P/S Ratio

Is ICE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ICE income statement (TTM)
Revenue	CA$92.61m
Cost of Revenue	CA$22.59m
Gross Profit	CA$70.02m
Other Expenses	CA$69.54m
Earnings	CA$480.00k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.036
Gross Margin	75.60%
Net Profit Margin	0.52%
Debt/Equity Ratio	93.1%

How did ICE perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

83%

Payout Ratio

Does ICE pay a reliable dividends?

See ICE dividend history and benchmarks

When do you need to buy ICE by to receive an upcoming dividend?
Canlan Ice Sports dividend dates
Ex Dividend Date	Dec 31 2024
Dividend Pay Date	Jan 15 2025
Days until Ex dividend	38 days
Days until Dividend pay date	53 days

Does ICE pay a reliable dividends?

See ICE dividend history and benchmarks

ICE Stock Overview

Rewards

Risk Analysis

Canlan Ice Sports Corp. Competitors

TSX:TWC

CA$432.0m

TSX:SRV.UN

CA$122.1m

TSX:GH

CA$230.1m

TSX:KEG.UN

CA$256.6m

Price History & Performance

Recent News & Updates

Canlan Ice Sports (TSE:ICE) Is Due To Pay A Dividend Of CA$0.03

Third quarter dividend of CA$0.03 announced

Third quarter 2024 earnings released: CA$0.20 loss per share (vs CA$0.29 loss in 3Q 2023)

Insufficient new directors

Upcoming dividend of CA$0.03 per share

Second quarter dividend of CA$0.03 announced

Recent updates

Canlan Ice Sports (TSE:ICE) Is Due To Pay A Dividend Of CA$0.03

Third quarter dividend of CA$0.03 announced

Third quarter 2024 earnings released: CA$0.20 loss per share (vs CA$0.29 loss in 3Q 2023)

Insufficient new directors

Upcoming dividend of CA$0.03 per share

Second quarter dividend of CA$0.03 announced

Second quarter 2024 earnings released: CA$0.088 loss per share (vs CA$0.06 profit in 2Q 2023)

Canlan Ice Sports Corp. Declares Quarterly Dividend, Payable on October 16, 2024

Canlan Ice Sports (TSE:ICE) Is Paying Out A Dividend Of CA$0.03

It's Probably Less Likely That Canlan Ice Sports Corp.'s (TSE:ICE) CEO Will See A Huge Pay Rise This Year

First quarter dividend of CA$0.03 announced

Canlan Ice Sports Corp. Announces Retirement of Michael Gellard as Executive Vice President, Effective End of December 2024

First quarter 2024 earnings released: EPS: CA$0.32 (vs CA$0.26 in 1Q 2023)

Now 22% overvalued

Canlan Ice Sports Corp., Annual General Meeting, Jun 19, 2024

Full year 2023 earnings released: EPS: CA$0.033 (vs CA$0.35 in FY 2022)

New minor risk - Earnings quality

Upcoming dividend of CA$0.03 per share at 2.9% yield

New minor risk - Profit margin trend

Upcoming dividend of CA$0.03 per share at 2.8% yield

Canlan Ice Sports Corp. Announces Chief Operating Officer Changes

We Think Canlan Ice Sports (TSE:ICE) Can Stay On Top Of Its Debt

Canlan Ice Sports Corp. Declares Dividend, Payable on October 16, 2023

Second quarter 2023 earnings released: EPS: CA$0.06 (vs CA$0.018 loss in 2Q 2022)

Investor sentiment improves as stock rises 24%

Upcoming dividend of CA$0.03 per share at 3.3% yield

First quarter 2023 earnings released: EPS: CA$0.26 (vs CA$0.16 in 1Q 2022)

Canlan Ice Sports Corp. Declares Quarterly Dividend, Payable on July 17, 2023

Full year 2022 earnings released: EPS: CA$0.35 (vs CA$0.082 loss in FY 2021)

Upcoming dividend of CA$0.03 per share

Third quarter 2022 earnings released: EPS: CA$0.027 (vs CA$0.078 in 3Q 2021)

Canlan Ice Sports Corp. Approves the Resumption of the Quarterly Dividend Distribution, Payable on January 16, 2023

Independent Chairman recently bought CA$51k worth of stock

Investor sentiment improved over the past week

Here's Why Canlan Ice Sports (TSE:ICE) Has A Meaningful Debt Burden

Second quarter 2022 earnings released: CA$0.018 loss per share (vs CA$0.20 loss in 2Q 2021)

Canlan Ice Sports Corp. Announces Board Changes

First quarter 2022 earnings released: EPS: CA$0.16 (vs CA$0.16 loss in 1Q 2021)

Canlan Ice Sports Corp., Annual General Meeting, Jun 22, 2022

Third quarter 2021 earnings released: EPS CA$0.078 (vs CA$0.003 loss in 3Q 2020)

Is Canlan Ice Sports (TSE:ICE) Weighed On By Its Debt Load?

Second quarter 2021 earnings released: CA$0.20 loss per share (vs CA$0.44 loss in 2Q 2020)

Independent Director William Bullis has left the company

Does Canlan Ice Sports (TSE:ICE) Have A Healthy Balance Sheet?

First quarter 2021 earnings released: CA$0.16 loss per share (vs CA$0.078 profit in 1Q 2020)

Full year 2020 earnings released: CA$0.48 loss per share (vs CA$0.18 profit in FY 2019)

Is Canlan Ice Sports (TSE:ICE) A Risky Investment?

Canlan Ice Sports Corp. Announces Executive Appointments

New 90-day high: CA$4.43

New 90-day high: CA$3.95

Third quarter 2020 earnings released: CA$0.003 loss per share

Shareholder Returns

Price Volatility

About the Company

Canlan Ice Sports Corp. Fundamentals Summary

113.9x

0.6x

Earnings & Revenue

Dividends