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TransCanna Holdings

Market Cap

CA$48.8m

Last Updated

2021/05/13 04:43 UTC

Data Sources

Company Financials

Executive Summary

TransCanna Holdings Inc., through its subsidiaries, engages in the management of transportation and distribution services to the cannabis industry in the United States. More Details


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has TransCanna Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TCAN is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: TCAN's weekly volatility (11%) has been stable over the past year.


Market Performance


7 Day Return

4.5%

TCAN

-0.8%

CA Healthcare

-0.8%

CA Market


1 Year Return

-7.1%

TCAN

37.5%

CA Healthcare

38.7%

CA Market

Return vs Industry: TCAN underperformed the Canadian Healthcare industry which returned 37.5% over the past year.

Return vs Market: TCAN underperformed the Canadian Market which returned 38.7% over the past year.


Shareholder returns

TCANIndustryMarket
7 Day4.5%-0.8%-0.8%
30 Day-11.5%-4.1%0.2%
90 Day-27.0%-3.4%5.5%
1 Year-7.1%-7.1%41.8%37.5%43.3%38.7%
3 Yearn/a41.7%23.8%27.3%15.2%
5 Yearn/a10.4%-13.5%57.2%33.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is TransCanna Holdings undervalued compared to its fair value and its price relative to the market?

2.63x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TCAN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TCAN's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TCAN is good value based on its PB Ratio (2.6x) compared to the CA Healthcare industry average (4x).


Future Growth

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

78.4%

Forecasted Healthcare 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 TransCanna Holdings 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 TransCanna Holdings performed over the past 5 years?

-93.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: TCAN is currently unprofitable.

Growing Profit Margin: TCAN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if TCAN's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: TCAN is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (97.3%).


Return on Equity

High ROE: TCAN has a negative Return on Equity (-135.62%), as it is currently unprofitable.


Financial Health

How is TransCanna Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: TCAN's short term assets (CA$1.9M) exceed its short term liabilities (CA$842.7K).

Long Term Liabilities: TCAN's short term assets (CA$1.9M) do not cover its long term liabilities (CA$14.6M).


Debt to Equity History and Analysis

Debt Level: TCAN's debt to equity ratio (86%) is considered high.

Reducing Debt: Insufficient data to determine if TCAN's debt to equity ratio has reduced over the past 5 years.


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

Forecast Cash Runway: TCAN is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Dividend

What is TransCanna Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.0yrs

Average management tenure


CEO

Bob Blink

1.08yrs

Tenure

Mr. James Robert Blink, also known as Bob, serves as Chief Executive Officer at TransCanna Holdings Inc. since April 15, 2020 and served as its President since April 15, 2020 until May 01, 2020. Mr. Blink ...


Leadership Team

Experienced Management: TCAN's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: TCAN's board of directors are not considered experienced ( 1 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: TCAN insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.9%.


Top Shareholders

Company Information

TransCanna Holdings Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TransCanna Holdings Inc.
  • Ticker: TCAN
  • Exchange: CNSX
  • Founded: 2017
  • Industry: Health Care Distributors
  • Sector: Healthcare
  • Market Cap: CA$48.774m
  • Shares outstanding: 53.02m
  • Website: https://www.transcanna.com

Location

  • TransCanna Holdings Inc.
  • 1030 West Georgia Street
  • Suite 928
  • Vancouver
  • British Columbia
  • V6E 2Y3
  • Canada

Listings


Biography

TransCanna Holdings Inc., through its subsidiaries, engages in the management of transportation and distribution services to the cannabis industry in the United States. It provides branding, marketing, tra...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/13 04:43
End of Day Share Price2021/05/12 00:00
Earnings2020/08/31
Annual Earnings2019/11/30


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.