Inner Spirit Holdings Ltd., through its subsidiaries, operates and franchises a network of recreational cannabis stores under the Spiritleaf brand. More Details
High growth potential with mediocre balance sheet.
Share Price & News
How has Inner Spirit Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ISH is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: ISH's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
7 Day Return
CA Specialty Retail
1 Year Return
CA Specialty Retail
Return vs Industry: ISH exceeded the Canadian Specialty Retail industry which returned 122.3% over the past year.
Return vs Market: ISH exceeded the Canadian Market which returned 42.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Inner Spirit Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StShould You Think About Buying Inner Spirit Holdings Ltd. (CSE:ISH) Now?
1 month ago | Simply Wall StIs Inner Spirit Holdings (CSE:ISH) Using Too Much Debt?
2 months ago | Simply Wall StInner Spirit Holdings Ltd. (CSE:ISH) On The Verge Of Breaking Even
Is Inner Spirit Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ISH (CA$0.25) is trading below our estimate of fair value (CA$1.25)
Significantly Below Fair Value: ISH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ISH is unprofitable, so we can't compare its PE Ratio to the CA Specialty Retail industry average.
PE vs Market: ISH 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 ISH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ISH is overvalued based on its PB Ratio (24.4x) compared to the CA Specialty Retail industry average (2.5x).
How is Inner Spirit Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ISH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: ISH is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ISH's is expected to become profitable in the next 3 years.
Revenue vs Market: ISH's revenue (22.3% per year) is forecast to grow faster than the Canadian market (6.7% per year).
High Growth Revenue: ISH's revenue (22.3% 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 ISH's Return on Equity is forecast to be high in 3 years time
How has Inner Spirit Holdings performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: ISH is currently unprofitable.
Growing Profit Margin: ISH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ISH's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare ISH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ISH is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-11.9%).
Return on Equity
High ROE: ISH has a negative Return on Equity (-149.02%), as it is currently unprofitable.
How is Inner Spirit Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: ISH's short term assets (CA$10.0M) exceed its short term liabilities (CA$5.6M).
Long Term Liabilities: ISH's short term assets (CA$10.0M) do not cover its long term liabilities (CA$24.1M).
Debt to Equity History and Analysis
Debt Level: ISH's debt to equity ratio (478.4%) is considered high.
Reducing Debt: Insufficient data to determine if ISH's debt to equity ratio has reduced over the past 5 years.
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: Whilst unprofitable ISH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ISH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.9% per year.
What is Inner Spirit Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ISH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ISH'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 ISH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ISH'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 ISH'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
Darren Bondar (45 yo)
Mr. Darren Bondar has been the President and Chief Executive Officer at Inner Spirit Holdings Ltd. since March 16, 2017 and has been its Director since August 31, 2017. He is a Founder of Inner Spirit Hold...
CEO Compensation Analysis
Compensation vs Market: Darren's total compensation ($USD209.15K) is above average for companies of similar size in the Canadian market ($USD156.29K).
Compensation vs Earnings: Darren's compensation has increased whilst the company is unprofitable.
Experienced Management: ISH's management team is considered experienced (3 years average tenure).
Experienced Board: ISH's board of directors are considered experienced (3.2 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 27.8%.
Inner Spirit Holdings Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Inner Spirit Holdings Ltd.
- Ticker: ISH
- Exchange: CNSX
- Founded: 2017
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: CA$56.966m
- Shares outstanding: 285.16m
- Website: https://www.innerspiritholdings.com
Number of Employees
- Inner Spirit Holdings Ltd.
- 5740 - 2nd Street South West
- Suite 102
- T2H 1Y6
Inner Spirit Holdings Ltd., through its subsidiaries, operates and franchises a network of recreational cannabis stores under the Spiritleaf brand. It sells cannabis and accessories through its stores. As ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/16 23:29|
|End of Day Share Price||2021/04/16 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.