CNSX:OILS

Stock Analysis Report

Nextleaf Solutions

Executive Summary

Nextleaf Solutions Ltd. manufactures cannabis processing and extraction equipment.

Snowflake

Fundamentals

Excellent balance sheet and fair value.

Share Price & News

How has Nextleaf Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OILS

-2.5%

CA Medical Equipment

0.3%

CA Market


1 Year Return

n/a

OILS

-15.9%

CA Medical Equipment

0.1%

CA Market

Return vs Industry: Insufficient data to determine how OILS performed against the Canadian Medical Equipment industry.

Return vs Market: Insufficient data to determine how OILS performed against the Canadian Market.


Shareholder returns

OILSIndustryMarket
7 Day0%-2.5%0.3%
30 Day-18.4%-14.4%-2.5%
90 Day0%-15.4%-1.4%
1 Yearn/a-15.9%-15.9%3.6%0.1%
3 Yearn/a-50.3%-50.3%14.3%4.1%
5 Yearn/a-86.7%-86.7%25.0%6.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Nextleaf Solutions undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: OILS (CA$0.4) is trading below our estimate of fair value (CA$56.52)

Significantly Undervalued: OILS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: OILS is unprofitable, so we can't compare its PE Ratio to the Medical Equipment industry average.

PE vs Market: OILS is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate OILS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: OILS is good value based on its PB Ratio (4.2x) compared to the CA Medical Equipment industry average (5.6x).


Next Steps

Future Growth

How is Nextleaf Solutions forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

88.3%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if OILS's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if OILS's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: OILS's revenue (88.3% per year) is forecast to grow faster than the Canadian market (5.7% per year).

High Growth Revenue: OILS's revenue (88.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if OILS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Nextleaf Solutions performed over the past 5 years?

-337.2%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: OILS is unprofitable, and there is insufficient past data to establish if their past 5-year earnings growth rate was positive.

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

Earnings vs Industry: OILS is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (27.4%).


Return on Equity

High ROE: OILS has a negative Return on Equity (-73.49%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: OILS is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: OILS is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Nextleaf Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: OILS's short term assets (CA$6.3M) exceeds its short term liabilities (CA$908.2K)

Long Term Liabilities: OILS has no long term liabilities


Debt to Equity History and Analysis

Debt Level: OILS is debt free.

Reducing Debt: OILS had no debt 5 years ago.


Balance Sheet

Inventory Level: OILS has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if OILS's debt is covered by short term assets.


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: OILS has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: OILS has less than a year of cash runway if free cash flow continues to reduce at historical rates of -60.3% each year


Next Steps

Dividend

What is Nextleaf Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate OILS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if OILS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OILS'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 OILS's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Nextleaf Solutions's salary, the management and board of directors tenure and is there insider trading?

0.6yrs

Average board tenure


CEO

Paul Pedersen (38yo)

0.6yrs

Tenure

0

Mr. Paul Pedersen has served as Director, CEO and President of NextLeaf Solutions Ltd. since March 14, 2019. Mr. Pedersen Co-Founded Legion Metals Corp. (Known as NextLeaf Solutions Ltd.). Mr. Pedersen was ...


Board Age and Tenure

0.6yrs

Average Tenure

38yo

Average Age

Experienced Board: OILS's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: OILS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$4,15003 Oct 19
Ryan Ko
EntityIndividual
Role
Top Key Executive
Co-Founder & CTO
Shares10,000
Max PriceCA$0.42
BuyCA$3,90003 Oct 19
Paul Pedersen
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares10,000
Max PriceCA$0.39
BuyCA$4,90006 Aug 19
Paul Pedersen
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares10,000
Max PriceCA$0.49
BuyCA$5,10029 Jul 19
Paul Pedersen
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares12,000
Max PriceCA$0.42
BuyCA$4,00022 Jul 19
Paul Pedersen
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares10,000
Max PriceCA$0.40
BuyCA$8,43316 Jul 19
Paul Pedersen
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares20,000
Max PriceCA$0.42
BuyCA$9,25025 Jun 19
Paul Pedersen
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares20,000
Max PriceCA$0.47
BuyCA$4,80031 May 19
Charles Ackerman
EntityIndividual
Role
Member of the Board of Directors
CFO, Corporate Secretary & Director
Shares10,000
Max PriceCA$0.48
BuyCA$282,40015 May 19
Ryan Ko
EntityIndividual
Role
Top Key Executive
Co-Founder & CTO
Shares706,000
Max PriceCA$0.40
BuyCA$295,40015 May 19
Paul Pedersen
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares738,500
Max PriceCA$0.40
BuyCA$5,00015 May 19
Frederick Bonner
EntityIndividual
Role
Member of the Board of Directors
Director
Shares12,500
Max PriceCA$0.40
BuyCA$145,00015 May 19
Charles Ackerman
EntityIndividual
Role
Member of the Board of Directors
CFO, Corporate Secretary & Director
Shares362,500
Max PriceCA$0.40
SellCA$258,24016 Apr 19
Paul Pedersen
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares600,000
Max PriceCA$0.43
BuyCA$2,45002 Apr 19
Charles Ackerman
EntityIndividual
Role
Member of the Board of Directors
CFO, Corporate Secretary & Director
Shares7,000
Max PriceCA$0.35
BuyCA$7,00001 Apr 19
Ryan Ko
EntityIndividual
Role
Top Key Executive
Co-Founder & CTO
Shares20,000
Max PriceCA$0.35
BuyCA$12,54029 Mar 19
Charles Ackerman
EntityIndividual
Role
Member of the Board of Directors
CFO, Corporate Secretary & Director
Shares38,000
Max PriceCA$0.33
BuyCA$24,10827 Mar 19
Ryan Ko
EntityIndividual
Role
Top Key Executive
Co-Founder & CTO
Shares67,000
Max PriceCA$0.40
BuyCA$15,95427 Mar 19
Paul Pedersen
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares50,000
Max PriceCA$0.33
BuyCA$6,98127 Mar 19
Charles Ackerman
EntityIndividual
Role
Member of the Board of Directors
CFO, Corporate Secretary & Director
Shares22,000
Max PriceCA$0.34
BuyCA$3,50024 Mar 19
Paul Pedersen
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares10,000
Max PriceCA$0.35

Ownership Breakdown


Management Team

  • Paul Pedersen (38yo)

    Co-Founder

    • Tenure: 0.6yrs
  • Charles Ackerman (28yo)

    CFO, Corporate Secretary & Director

    • Tenure: 0.6yrs
  • Ryan Ko

    Co-Founder & CTO

    • Tenure: 0yrs
  • Emma Andrews

    Director of Marketing

    • Tenure: 0yrs

Board Members

  • Tim Gillis

    Director

    • Tenure: 0.3yrs
  • Paul Pedersen (38yo)

    Co-Founder

    • Tenure: 0.6yrs
  • Fred Bonner (57yo)

    Director

    • Tenure: 0.6yrs
  • Charles Ackerman (28yo)

    CFO, Corporate Secretary & Director

    • Tenure: 0.6yrs

Company Information

Nextleaf Solutions Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nextleaf Solutions Ltd.
  • Ticker: OILS
  • Exchange: CNSX
  • Founded: 2015
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Market Cap: CA$43.249m
  • Shares outstanding: 108.12m
  • Website: https://www.nextleafsolutions.com

Number of Employees


Location

  • Nextleaf Solutions Ltd.
  • 68 Water Street
  • Suite 304
  • Vancouver
  • British Columbia
  • V6B 1A4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
L0MADB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2019
OILSCNSX (Canadian National Stock Exchange)YesCommon SharesCACADMar 2019
OILF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2019

Biography

Nextleaf Solutions Ltd. manufactures cannabis processing and extraction equipment. The company has developed a patented process for the production of cannabis distillate. It invests in an intellectual prop ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 00:45
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


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.