THC Biomed Intl Ltd. produces and sells medical and recreational cannabis in Canada. More Details
+ 1 more risk
Flawless balance sheet and overvalued.
Share Price & News
How has THC Biomed Intl's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: THC is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: THC's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
7 Day Return
1 Year Return
Return vs Industry: THC underperformed the Canadian Pharmaceuticals industry which returned 13.1% over the past year.
Return vs Market: THC underperformed the Canadian Market which returned -0.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is THC Biomed Intl's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHere's Why THC Biomed Intl (CSE:THC) Can Afford Some Debt
5 months ago | Simply Wall StWhat Percentage Of THC Biomed Intl Ltd. (CSE:THC) Shares Do Insiders Own?
6 months ago | Simply Wall StDoes Market Volatility Impact THC Biomed Intl Ltd.'s (CSE:THC) Share Price?
Is THC Biomed Intl undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate THC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate THC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: THC is unprofitable, so we can't compare its PE Ratio to the CA Pharmaceuticals industry average.
PE vs Market: THC 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 THC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: THC is good value based on its PB Ratio (1x) compared to the CA Pharmaceuticals industry average (1.5x).
How is THC Biomed Intl forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Pharmaceuticals & Biotech 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 THC Biomed Intl 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.
- Examine THC Biomed Intl'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.
- THC Biomed Intl competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Pharmaceuticals & Biotech industry.
How has THC Biomed Intl performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: THC is currently unprofitable.
Growing Profit Margin: THC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: THC is unprofitable, and losses have increased over the past 5 years at a rate of 32.2% per year.
Accelerating Growth: Unable to compare THC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: THC is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (-45%).
Return on Equity
High ROE: THC has a negative Return on Equity (-1.09%), as it is currently unprofitable.
How is THC Biomed Intl's financial position?
Financial Position Analysis
Short Term Liabilities: THC's short term assets (CA$8.0M) exceed its short term liabilities (CA$5.6M).
Long Term Liabilities: THC's short term assets (CA$8.0M) exceed its long term liabilities (CA$1.3M).
Debt to Equity History and Analysis
Debt Level: THC's debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: THC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: THC has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: THC is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.
What is THC Biomed Intl current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate THC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate THC'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 THC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if THC'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 THC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. John Miller serves as Chief Executive Officer at THC Biomed Intl Ltd. since April 29, 2015. He is also President at THC Biomed Intl Ltd. and its Director since June 3, 2014. He was Director and Office...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD51.28K) is below average for companies of similar size in the Canadian market ($USD166.12K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
|Chief Capital Markets Officer||5.33yrs||no data||no data|
|Corporate Secretary||4.92yrs||no data||no data|
Experienced Management: THC's management team is seasoned and experienced (5.3 years average tenure).
|Member of Advisory Board||5.33yrs||no data||no data|
|Member of Advisory Board||5.33yrs||no data||no data|
|Independent Director||3.42yrs||CA$6.50k||no data|
|Independent Director||0.67yr||no data||0.0061% |
Experienced Board: THC's board of directors are considered experienced (5.3 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.9%.
THC Biomed Intl Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: THC Biomed Intl Ltd.
- Ticker: THC
- Exchange: CNSX
- Founded: 2012
- Industry: Pharmaceuticals
- Sector: Pharmaceuticals & Biotech
- Market Cap: CA$15.525m
- Shares outstanding: 163.43m
- Website: https://thcbiomed.com
Number of Employees
- THC Biomed Intl Ltd.
- 1340 St. Paul Street
- British Columbia
- V1Y 2E1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TFHD||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1988|
|THC||CNSX (Canadian National Stock Exchange)||Yes||Common Shares||CA||CAD||Sep 1988|
THC Biomed Intl Ltd. produces and sells medical and recreational cannabis in Canada. The company conducts research and development of products and services related to the medical cannabis industry. It also...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 00:57|
|End of Day Share Price||2020/11/26 00:00|
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.