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IGP

Imperial Ginseng Products TSXV:IGP Stock Report

Last Price

CA$0.78

Market Cap

CA$7.4m

7D

-17.0%

1Y

79.3%

Updated

17 May, 2022

Data

Company Financials
IGP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

IGP Stock Overview

Imperial Ginseng Products Ltd. cultivates and processes ginseng in the province of Ontario.

Imperial Ginseng Products Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Imperial Ginseng Products
Historical stock prices
Current Share PriceCA$0.78
52 Week HighCA$1.49
52 Week LowCA$0.46
Beta0.81
1 Month Change-22.00%
3 Month Change-8.24%
1 Year Change79.31%
3 Year Change6.85%
5 Year Change-4.88%
Change since IPO-97.83%

Recent News & Updates

Dec 03
We Think Imperial Ginseng Products' (CVE:IGP) Robust Earnings Are Conservative

We Think Imperial Ginseng Products' (CVE:IGP) Robust Earnings Are Conservative

Despite announcing strong earnings, Imperial Ginseng Products Ltd.'s ( CVE:IGP ) stock was sluggish. We think that the...

Shareholder Returns

IGPCA FoodCA Market
7D-17.0%2.7%2.8%
1Y79.3%-25.1%5.9%

Return vs Industry: IGP exceeded the Canadian Food industry which returned -26% over the past year.

Return vs Market: IGP exceeded the Canadian Market which returned 4.3% over the past year.

Price Volatility

Is IGP's price volatile compared to industry and market?
IGP volatility
IGP Average Weekly Movementn/a
Food Industry Average Movement8.9%
Market Average Movement9.8%
10% most volatile stocks in CA Market16.7%
10% least volatile stocks in CA Market4.2%

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

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

About the Company

FoundedEmployeesCEOWebsite
1984n/aStephen McCoachhttps://www.imperialginseng.com

Imperial Ginseng Products Ltd. cultivates and processes ginseng in the province of Ontario. It is also involved in the sale of dried ginseng to wholesalers through distributors in China. Imperial Ginseng Products Ltd.

Imperial Ginseng Products Fundamentals Summary

How do Imperial Ginseng Products's earnings and revenue compare to its market cap?
IGP fundamental statistics
Market CapCA$7.39m
Earnings (TTM)-CA$143.46k
Revenue (TTM)CA$5.04m

1.1x

P/S Ratio

-40.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IGP income statement (TTM)
RevenueCA$5.04m
Cost of RevenueCA$5.00m
Gross ProfitCA$40.16k
Other ExpensesCA$183.63k
Earnings-CA$143.46k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.019
Gross Margin0.80%
Net Profit Margin-2.85%
Debt/Equity Ratio0%

How did IGP perform over the long term?

See historical performance and comparison

Valuation

Is Imperial Ginseng Products undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: IGP (CA$0.78) is trading below our estimate of fair value (CA$36.55)

Significantly Below Fair Value: IGP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: IGP is unprofitable, so we can't compare its PE Ratio to the Canadian Food industry average.

PE vs Market: IGP 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 IGP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IGP is good value based on its PB Ratio (0.4x) compared to the CA Food industry average (1.9x).


Future Growth

How is Imperial Ginseng Products 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


50.1%

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 Imperial Ginseng Products 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.


Past Performance

How has Imperial Ginseng Products performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-49.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: IGP is currently unprofitable.

Growing Profit Margin: IGP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IGP is unprofitable, and losses have increased over the past 5 years at a rate of 49.9% per year.

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

Earnings vs Industry: IGP is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-22.1%).


Return on Equity

High ROE: IGP has a negative Return on Equity (-1.09%), as it is currently unprofitable.


Financial Health

How is Imperial Ginseng Products's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: IGP's short term assets (CA$10.1M) exceed its short term liabilities (CA$497.9K).

Long Term Liabilities: IGP's short term assets (CA$10.1M) exceed its long term liabilities (CA$646.3K).


Debt to Equity History and Analysis

Debt Level: IGP is debt free.

Reducing Debt: IGP has no debt compared to 5 years ago when its debt to equity ratio was 12.1%.

Debt Coverage: IGP has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: IGP has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Imperial Ginseng Products's 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

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if IGP'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 IGP has not reported any payouts.


Next Steps

Management

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

12.3yrs

Average management tenure


CEO

Stephen McCoach (62 yo)

17.33yrs

Tenure

CA$360,741

Compensation

Mr. Stephen P. McCoach, CA, CPA, serves as Chairman of the Board at Imperial Ginseng Products Ltd. since August 31, 2018. He has been Chief Executive Officer of Imperial Ginseng Products Ltd.since March 2...


CEO Compensation Analysis

Compensation vs Market: Stephen's total compensation ($USD280.92K) is above average for companies of similar size in the Canadian market ($USD170.43K).

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


Leadership Team

Experienced Management: IGP's management team is seasoned and experienced (12.3 years average tenure).


Board Members

Experienced Board: IGP's board of directors are seasoned and experienced ( 26.3 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

Imperial Ginseng Products Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Imperial Ginseng Products Ltd.
  • Ticker: IGP
  • Exchange: TSXV
  • Founded: 1984
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: CA$7.392m
  • Shares outstanding: 7.39m
  • Website: https://www.imperialginseng.com

Location

  • Imperial Ginseng Products Ltd.
  • 701 West Georgia Street
  • Suite 555
  • Vancouver
  • British Columbia
  • V7Y 1E4
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.