CNSX:SBD

Stock Analysis Report

NOT FOR DISTRIBUTION
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Executive Summary

SBD Capital Corp., through its subsidiary, Secret Barrel Distillery Corporation, produces, sells, and distributes alcohol and liquor products in Canada.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has SBD Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SBD's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

SBD

0.6%

CA Beverage

0.005%

CA Market


1 Year Return

-81.3%

SBD

-7.4%

CA Beverage

-5.8%

CA Market

Return vs Industry: SBD underperformed the Canadian Beverage industry which returned -7.2% over the past year.

Return vs Market: SBD underperformed the Canadian Market which returned -6.3% over the past year.


Shareholder returns

SBDIndustryMarket
7 Day0%0.6%0.005%
30 Day0%1.1%4.5%
90 Day-14.3%15.2%9.7%
1 Year-81.3%-81.3%-5.1%-7.4%-2.5%-5.8%
3 Yearn/a-19.7%-25.0%8.5%-2.0%
5 Yearn/a12.0%0.1%29.1%9.4%

Price Volatility Vs. Market

How volatile is SBD Capital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SBD Capital undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether SBD Capital is trading at an attractive price based on the cash flow it is expected to produce in the future. But as SBD Capital has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

How is SBD Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.1%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


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 SBD Capital 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has SBD Capital performed over the past 5 years?

21.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SBD is currently unprofitable.

Growing Profit Margin: SBD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SBD is unprofitable, but has reduced losses over the past 5 years at a rate of 21.8% per year.

Accelerating Growth: Unable to compare SBD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SBD is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (-0.2%).


Return on Equity

High ROE: SBD's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is SBD Capital's financial position?


Financial Position Analysis

Short Term Liabilities: SBD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SBD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SBD has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SBD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: SBD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SBD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.5% each year


Next Steps

Dividend

What is SBD Capital current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SBD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SBD'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 SBD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SBD'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 SBD'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?

0.3yrs

Average board tenure


CEO

Aleem Nathwani

0.25

Tenure

Mr. Aleem Nathwani serves as Chief Executive Officer and Director at SBD Capital Corp. since May 2020. He serves as Director at Gold Rush Cariboo Corp. since May 2020. He serves as Chairman and Chief Execu ...


Board Members

NamePositionTenureCompensationOwnership
Conan Taylor
President & Director2.17yrsno datano data
Aleem Nathwani
CEO & Director0.25yrno datano data
Daniel Nauth
Director0.25yrno datano data

0.3yrs

Average Tenure

Experienced Board: SBD's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.


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

SBD Capital Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SBD Capital Corp.
  • Ticker: SBD
  • Exchange: CNSX
  • Founded: 1979
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Market Cap: CA$746.762k
  • Shares outstanding: 24.89m
  • Website: https://www.sbdcapitalcorp.com

Location

  • SBD Capital Corp.
  • 393 University Avenue
  • Suite 1810
  • Toronto
  • Ontario
  • M5G 1E6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SBDCNSX (Canadian National Stock Exchange)YesNew Common SharesCACADFeb 2018
4W7NDB (Deutsche Boerse AG)YesNew Common SharesDEEURFeb 2018
SBDC.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDFeb 2018

Biography

SBD Capital Corp., through its subsidiary, Secret Barrel Distillery Corporation, produces, sells, and distributes alcohol and liquor products in Canada. It offers rum with aromas of citrus, cocoa, and cara ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 00:02
End of Day Share Price2020/07/22 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.