CNSX:TGIF

Stock Analysis Report

Executive Summary

1933 Industries Inc., a cannabis company, engages in the cultivation and production of medical marijuana in the United States and Canada.

Rewards

Revenue is forecast to grow 69.91% per year

Risk Analysis

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

Shareholders have been diluted in the past year

+ 1 more risk


Snowflake Analysis

Limited growth with imperfect balance sheet.


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Share Price & News

How has 1933 Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

42.9%

TGIF

5.6%

CA Pharmaceuticals

0.6%

CA Market


1 Year Return

-60.0%

TGIF

-57.9%

CA Pharmaceuticals

5.8%

CA Market

Return vs Industry: TGIF underperformed the Canadian Pharmaceuticals industry which returned -57.9% over the past year.

Return vs Market: TGIF underperformed the Canadian Market which returned 5.8% over the past year.


Shareholder returns

TGIFIndustryMarket
7 Day42.9%5.6%0.6%
30 Day-9.1%-14.1%0.5%
90 Day-4.8%0.6%3.6%
1 Year-60.0%-60.0%-57.9%-57.9%9.1%5.8%
3 Year263.6%263.6%14.5%13.7%15.4%5.0%
5 Yearn/a317.1%317.1%33.6%14.0%

Price Volatility Vs. Market

How volatile is 1933 Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is 1933 Industries undervalued compared to its fair value and its price relative to the market?

1.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TGIF is overvalued based on its PB Ratio (1.6x) compared to the CA Pharmaceuticals industry average (1.4x).


Next Steps

Future Growth

How is 1933 Industries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

144.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TGIF is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TGIF is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TGIF is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: TGIF's revenue (69.9% per year) is forecast to grow faster than the Canadian market (4.9% per year).

High Growth Revenue: TGIF's revenue (69.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has 1933 Industries performed over the past 5 years?

-62.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TGIF is currently unprofitable.

Growing Profit Margin: TGIF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TGIF is unprofitable, and losses have increased over the past 5 years at a rate of -62.1% per year.

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

Earnings vs Industry: TGIF is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (-11.3%).


Return on Equity

High ROE: TGIF has a negative Return on Equity (-54.93%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is 1933 Industries's financial position?


Financial Position Analysis

Short Term Liabilities: TGIF's short term assets (CA$22.2M) exceed its short term liabilities (CA$818.6K).

Long Term Liabilities: TGIF's short term assets (CA$22.2M) do not cover its long term liabilities (CA$25.2M).


Debt to Equity History and Analysis

Debt Level: TGIF's debt to equity ratio (29.6%) is considered satisfactory.

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


Balance Sheet

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

Debt Coverage by Assets: TGIF's debt is covered by short term assets (assets are 2.1x debt).


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

Forecast Cash Runway: TGIF has less than a year of cash runway if free cash flow continues to reduce at historical rates of -80.8% each year


Next Steps

Dividend

What is 1933 Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

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

0.9yrs

Average management tenure


CEO

Chris Rebentisch 0

0.8yrs

Tenure

CA$103,799

Compensation

Mr. Christopher Rebentisch, also known as Chris, has been Chief Executive Officer of 1933 Industries Inc., since May 29, 2019. Mr. Rebentisch has been Director of 1933 Industries Inc., since September 17, ...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD155.16K).

Compensation vs Earnings: Insufficient data to compare Chris's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Rebentisch
CEO, COO of USA & Director0.8yrsCA$103.80k1.12% CA$640.8k
Cameron Watt
Vice President of Business Development0yrsCA$118.84kno data
Ester Vigil
President0.7yrsno datano data
Steve Radusch
Chief Financial Officer0.7yrsno datano data
Jordan Stroum
Director of Operations0yrsno datano data
Alexia Helgason
Vice President of Investor Relations & Corporate Communications1.1yrsno data0.0063% CA$3.6k
Caleb Zobrist
Executive VP & General Counsel2.1yrsno data0.77% CA$440.0k
Marion McGrath
Company Secretary1.7yrsno datano data

0.9yrs

Average Tenure

Experienced Management: TGIF's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Christopher Rebentisch
CEO, COO of USA & Director0.8yrsCA$103.80k1.12% CA$640.8k
Donald Skeith
Independent Director4.3yrsno data2.55% CA$1.5m
Brian Farrell
Independent Director3.8yrsno data0.25% CA$145.0k
Mark Baynes
Director0.08yrsno datano data
Anthony Torres
Member of Advisory Board2.5yrsno datano data
Drew Milburn
Member of Advisory Board2.6yrsno datano data
Terry Taouss
Independent Chairman0.08yrsno data0.019% CA$11.0k
Lisa Capparelli
Director0.08yrsno datano data

2.0yrs

Average Tenure

Experienced Board: TGIF's board of directors are not considered experienced ( 2 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: TGIF 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 10.9%.


Top Shareholders

Company Information

1933 Industries Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: 1933 Industries Inc.
  • Ticker: TGIF
  • Exchange: CNSX
  • Founded: 2008
  • Industry: Pharmaceuticals
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: CA$57.096m
  • Shares outstanding: 285.48m
  • Website: https://www.1933Industries.com

Number of Employees


Location

  • 1933 Industries Inc.
  • 105, 45655 Tamihi Way
  • Chilliwack
  • British Columbia
  • V2R 2M3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TGIF.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDDec 2015
1QFDB (Deutsche Boerse AG)YesNew Common SharesDEEURDec 2015
TGIFCNSX (Canadian National Stock Exchange)YesNew Common SharesCACADDec 2015

Biography

1933 Industries Inc., a cannabis company, engages in the cultivation and production of medical marijuana in the United States and Canada. The Company operates in the medical and recreational cannabis sectors. It is also providing cannabis-infused products under Canna Hemp, Canna Hemp X, and Canna Fused brands; and flower and concentrates. In addition, the company produces, markets, and sells industrial hemp-based and cannabidiol infused products, such as tinctures, lotions, creams, and capsules. The company was formerly known as Friday Night Inc. and changed its name to 1933 Industries Inc. in September 2018. 1933 Industries Inc. was incorporated in 2008 and is headquartered in Chilliwack, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 01:30
End of Day Share Price2020/02/14 00:00
Earnings2019/10/31
Annual Earnings2019/07/31


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.