TSX:TGOD

Stock Analysis Report

Green Organic Dutchman Holdings

Executive Summary

The Green Organic Dutchman Holdings Ltd., through its subsidiaries, produces and sells organic cannabis for health and wellness markets in Canada.


Snowflake Analysis

Mediocre balance sheet with limited growth.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

TGOD

13.3%

CA Pharmaceuticals

4.5%

CA Market


1 Year Return

-93.5%

TGOD

-74.3%

CA Pharmaceuticals

-24.5%

CA Market

Return vs Industry: TGOD underperformed the Canadian Pharmaceuticals industry which returned -73.5% over the past year.

Return vs Market: TGOD underperformed the Canadian Market which returned -26% over the past year.


Shareholder returns

TGODIndustryMarket
7 Day0%13.3%4.5%
30 Day-29.9%-18.9%-20.1%
90 Day-59.3%-35.3%-24.9%
1 Year-93.5%-93.5%-74.3%-74.3%-22.0%-24.5%
3 Yearn/a-15.3%-15.9%-14.2%-22.2%
5 Yearn/a199.2%199.2%-1.9%-16.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Green Organic Dutchman Holdings undervalued compared to its fair value and its price relative to the market?

0.36x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TGOD is good value based on its PB Ratio (0.3x) compared to the CA Pharmaceuticals industry average (0.9x).


Next Steps

Future Growth

How is Green Organic Dutchman Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

79.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: TGOD's revenue (58.5% per year) is forecast to grow faster than the Canadian market (3.9% per year).

High Growth Revenue: TGOD's revenue (58.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TGOD is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Green Organic Dutchman Holdings performed over the past 5 years?

-333.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: TGOD is currently unprofitable.

Growing Profit Margin: TGOD is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: TGOD is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (-9.9%).


Return on Equity

High ROE: TGOD has a negative Return on Equity (-73.15%), as it is currently unprofitable.


Next Steps

Financial Health

How is Green Organic Dutchman Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: TGOD's short term assets (CA$68.2M) exceed its short term liabilities (CA$53.2M).

Long Term Liabilities: TGOD's short term assets (CA$68.2M) exceed its long term liabilities (CA$21.4M).


Debt to Equity History and Analysis

Debt Level: TGOD's debt to equity ratio (6.5%) is considered satisfactory.

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


Balance Sheet

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

Debt Coverage by Assets: TGOD's debt is covered by short term assets (assets are 3.9x 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: TGOD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TGOD has less than a year of cash runway if free cash flow continues to reduce at historical rates of -88.2% each year


Next Steps

Dividend

What is Green Organic Dutchman Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.4yrs

Average management tenure


CEO

Brian Athaide (50yo)

1.67s

Tenure

CA$3,813,393

Compensation

Mr. Brian D. Athaide has been Chief Executive Officer of The Green Organic Dutchman Holdings Ltd. (TGOD) since July 1, 2018 and has been its Director since September 24, 2018. Mr. Athaide served as Chief F ...


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD2.71M) is above average for companies of similar size in the Canadian market ($USD159.52K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Brian Athaide
CEO & Director1.67yrsCA$3.81m0.15% CA$140.5k
Sean Bovingdon
Chief Financial Officer1.42yrsCA$1.72m0.0040% CA$3.8k
Marie-Josee Lafrance
Vice President of Human Resources1.42yrsCA$1.20mno data
John Wren
Vice President of Operationsno datano data0.0035% CA$3.4k
Geoff Riggs
Chief Information Officer1.25yrsno data0.015% CA$13.9k
Ravinder Kumar
Chief Science Officer1.17yrsno data0.0087% CA$8.3k
Ian Wilms
Director of Compliance & Government Affairsno dataCA$194.26k0.26% CA$252.6k
Anna Stewart
General Counsel & Corporate Secretary1.17yrsno data0.00042% CA$400.6
Matthew Schmidt
Executive Vice-President of Corporate Development2.17yrsno data0.065% CA$61.6k
Andrew Pollock
Vice President of Marketing1.42yrsno data0.0086% CA$8.2k

1.4yrs

Average Tenure

Experienced Management: TGOD's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Brian Athaide
CEO & Director1.67yrsCA$3.81m0.15% CA$140.5k
Marc Bertrand
Independent Director2.42yrsCA$217.53k0.29% CA$277.3k
Jeffrey Scott
Independent Chairman of the Board1.67yrsCA$717.85k0.21% CA$201.9k
Nicholas Kirton
Independent Director2.17yrsCA$630.15k0.016% CA$15.3k
Jacques Dessureault
Independent Director1.17yrsno datano data
Timothy Seymour
Member of the Advisory Board1.42yrsno datano data
Caroline MacCallum
Independent Director1.17yrsno datano data

1.4yrs

Average Tenure

53.5yo

Average Age

Experienced Board: TGOD's board of directors are not considered experienced ( 1.5 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: Insufficient data to determine if 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 25.5%.


Top Shareholders

Company Information

The Green Organic Dutchman Holdings Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Green Organic Dutchman Holdings Ltd.
  • Ticker: TGOD
  • Exchange: TSX
  • Founded: 2016
  • Industry: Pharmaceuticals
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: CA$95.384m
  • Shares outstanding: 312.73m
  • Website: https://www.tgod.ca

Number of Employees


Location

  • The Green Organic Dutchman Holdings Ltd.
  • Building A
  • Suite 301
  • Mississauga
  • Ontario
  • L4V 1E3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TGODTSX (The Toronto Stock Exchange)YesCommon SharesCACADMay 2018
TGOD.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2018
O1GADB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2018

Biography

The Green Organic Dutchman Holdings Ltd., through its subsidiaries, produces and sells organic cannabis for health and wellness markets in Canada. It offers organic cannabis products, such as cannabis plants, cannabis plant seeds, dried cannabis, fresh cannabis, cannabis oils, cannabis topicals, cannabis extracts, and edible cannabis to retailers or distributors, and federal licensed entities. The company also distributes hemp CBD oil and CBD-infused topicals in Europe, as well as operates cannabis retail store. The Green Organic Dutchman Holdings Ltd. was incorporated in 2016 and is headquartered in Mississauga, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 04:14
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.