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GB

Ginger Beef TSXV:GB Stock Report

Last Price

CA$0.30

Market Cap

CA$4.0m

7D

0%

1Y

-15.5%

Updated

05 Oct, 2022

Data

Company Financials
GB fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

GB Stock Overview

Ginger Beef Corporation operates as a franchiser of Chinese food restaurants located primarily in Calgary, Alberta.

Ginger Beef Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ginger Beef
Historical stock prices
Current Share PriceCA$0.30
52 Week HighCA$0.42
52 Week LowCA$0.30
Beta0.21
1 Month Change0%
3 Month Changen/a
1 Year Change-15.49%
3 Year Change87.50%
5 Year Change114.29%
Change since IPO50.00%

Recent News & Updates

Shareholder Returns

GBCA FoodCA Market
7D0%-3.1%3.2%
1Y-15.5%-16.8%-3.0%

Return vs Industry: GB matched the Canadian Food industry which returned -15.5% over the past year.

Return vs Market: GB underperformed the Canadian Market which returned -2.5% over the past year.

Price Volatility

Is GB's price volatile compared to industry and market?
GB volatility
GB Average Weekly Movementn/a
Food Industry Average Movement8.3%
Market Average Movement10.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.8%

Stable Share Price: Insufficient data to determine GB's volatility over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
n/an/aStanley Leunghttps://www.gingerbeef.com

Ginger Beef Corporation operates as a franchiser of Chinese food restaurants located primarily in Calgary, Alberta. The company franchises takeout and delivery units, full-service restaurants, and food court concepts under the Ginger Beef Bistro House, Ginger Beef Peking House, and Ginger Beef Express names. It also manufactures fresh and frozen Chinese food items for wholesalers primarily in Canada.

Ginger Beef Fundamentals Summary

How do Ginger Beef's earnings and revenue compare to its market cap?
GB fundamental statistics
Market CapCA$4.01m
Earnings (TTM)CA$70.77k
Revenue (TTM)CA$10.62m

56.7x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GB income statement (TTM)
RevenueCA$10.62m
Cost of RevenueCA$8.79m
Gross ProfitCA$1.83m
Other ExpensesCA$1.75m
EarningsCA$70.77k

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.0053
Gross Margin17.19%
Net Profit Margin0.67%
Debt/Equity Ratio15.1%

How did GB perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is GB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GB?

Other financial metrics that can be useful for relative valuation.

GB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA10.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

GB PE Ratio vs Peers
The above table shows the PE ratio for GB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average6.5x
DLC DLC Holdings
3.1xn/aCA$6.3m
SWP Swiss Water Decaffeinated Coffee
7.3xn/aCA$23.6m
IRO Inter-Rock Minerals
8.4xn/aCA$17.8m
HLF High Liner Foods
6.3xn/aCA$428.3m
GB Ginger Beef
56.7xn/aCA$4.0m

Price-To-Earnings vs Peers: GB is expensive based on its Price-To-Earnings Ratio (56.7x) compared to the peer average (6.5x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: GB is expensive based on its Price-To-Earnings Ratio (56.7x) compared to the North American Food industry average (16.9x)


Price to Earnings Ratio vs Fair Ratio

What is GB'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.

GB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio56.7x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: GB (CA$0.3) is trading above our estimate of fair value (CA$0.13)

Significantly Below Fair Value: GB is trading above our estimate of fair value.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.1%

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 Ginger Beef 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.


Discover growth companies

  • Examine Ginger Beef's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Ginger Beef competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Ginger Beef performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


14.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GB has high quality earnings.

Growing Profit Margin: GB's current net profit margins (0.7%) are lower than last year (9.7%).


Past Earnings Growth Analysis

Earnings Trend: GB's earnings have grown by 14.9% per year over the past 5 years.

Accelerating Growth: GB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GB had negative earnings growth (-92%) over the past year, making it difficult to compare to the Food industry average (-28%).


Return on Equity

High ROE: GB's Return on Equity (1.7%) is considered low.


Discover strong past performing companies

Financial Health

How is Ginger Beef's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GB's short term assets (CA$3.5M) exceed its short term liabilities (CA$956.7K).

Long Term Liabilities: GB's short term assets (CA$3.5M) exceed its long term liabilities (CA$1.2M).


Debt to Equity History and Analysis

Debt Level: GB has more cash than its total debt.

Reducing Debt: GB's debt to equity ratio has increased from 4.8% to 15.1% over the past 5 years.

Debt Coverage: GB's debt is well covered by operating cash flow (93.3%).

Interest Coverage: GB's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet


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Dividend

What is Ginger Beef current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Ginger Beef Dividend Yield vs Market
How does Ginger Beef dividend yield compare to the market?
SegmentDividend Yield
Company (Ginger Beef)n/a
Market Bottom 25% (CA)1.9%
Market Top 25% (CA)5.9%
Industry Average (Food)2.8%
Analyst forecast in 3 Years (Ginger Beef)n/a

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

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

Growing Dividend: Insufficient data to determine if GB's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as GB has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

13.2yrs

Average board tenure


CEO

Stanley Leung

20.08yrs

Tenure

CA$93,000

Compensation

Mr. Stanley Leung serves as the Chairman of the Board, Chief Executive Officer and President of Ginger Beef Corporation and has been its Director since September 13, 2002. Mr. Leung serves as the President...


CEO Compensation Analysis

Stanley Leung's Compensation vs Ginger Beef Earnings
How has Stanley Leung's remuneration changed compared to Ginger Beef's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

CA$71k

Mar 31 2022n/an/a

CA$99k

Dec 31 2021CA$93kCA$93k

CA$191k

Sep 30 2021n/an/a

CA$601k

Jun 30 2021n/an/a

CA$884k

Mar 31 2021n/an/a

CA$707k

Dec 31 2020CA$260kCA$93k

CA$828k

Sep 30 2020n/an/a

CA$619k

Jun 30 2020n/an/a

CA$395k

Mar 31 2020n/an/a

CA$536k

Dec 31 2019CA$218kCA$93k

CA$335k

Sep 30 2019n/an/a

CA$157k

Jun 30 2019n/an/a

CA$220k

Mar 31 2019n/an/a

CA$184k

Dec 31 2018CA$153kCA$93k

CA$202k

Sep 30 2018n/an/a

CA$399k

Jun 30 2018n/an/a

CA$295k

Mar 31 2018n/an/a

CA$247k

Dec 31 2017CA$236kCA$116k

CA$257k

Sep 30 2017n/an/a

CA$123k

Jun 30 2017n/an/a

CA$179k

Mar 31 2017n/an/a

CA$187k

Dec 31 2016CA$238kCA$177k

CA$223k

Sep 30 2016n/an/a

CA$285k

Jun 30 2016n/an/a

CA$231k

Mar 31 2016n/an/a

CA$162k

Dec 31 2015CA$180kCA$180k

CA$152k

Compensation vs Market: Stanley's total compensation ($USD68.02K) is below average for companies of similar size in the Canadian market ($USD178.72K).

Compensation vs Earnings: Stanley's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: GB's board of directors are seasoned and experienced ( 13.2 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

What is the ownership structure of GB?
Owner TypeNumber of SharesOwnership Percentage
Private Companies18,1260.1%
General Public3,064,17822.9%
Individual Insiders10,279,69376.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 4 shareholders own 77.07% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
61.51%
Stanley Leung
8,219,239CA$2.5m0%no data
14.67%
James Leung
1,960,454CA$588.1k0%no data
0.75%
Ping Wong Wai
100,000CA$30.0k0%no data
0.14%
Leung's Enterprises Ltd
18,126CA$5.4k0%no data

Company Information

Ginger Beef Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Ginger Beef Corporation
  • Ticker: GB
  • Exchange: TSXV
  • Founded: NaN
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: CA$4.009m
  • Shares outstanding: 13.36m
  • Website: https://www.gingerbeef.com

Location

  • Ginger Beef Corporation
  • 5521–3rd Street SE
  • Calgary
  • Alberta
  • T2H 1K1
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBTSXV (TSX Venture Exchange)YesCommon SharesCACADAug 2002

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/05 00:00
End of Day Share Price2022/07/14 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.