PlantX Life (CNSX:VEGA) - Share price, News & Analysis

VEGA fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

VEGA Stock Overview

PlantX Life Inc., an e-commerce company, provides plant-based products in Canada, the United States, the United Kingdom, Germany, and Austria.

Rewards

Revenue grew by 181.1% over the past year

Risk Analysis

Highly volatile share price over the past 3 months

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (CA$25M)

PlantX Life Competitors

Vejii Holdings

CNSX:VEJI

CA$2.0m

Amazon.com

NasdaqGS:AMZN

US$1.1t

Walmart

NYSE:WMT

US$328.1b

Price History & Performance

Summary of all time highs, changes and price drops for PlantX Life
Historical stock prices
Current Share Price	CA$0.13
52 Week High	CA$0.61
52 Week Low	CA$0.09
Beta	0
1 Month Change	-18.75%
3 Month Change	-18.75%
1 Year Change	-76.79%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-90.71%

Shareholder Returns

	VEGA	CA Online Retail	CA Market
7D	30.0%	0.5%	0.8%
1Y	-76.8%	-48.7%	4.8%

Return vs Industry: VEGA underperformed the Canadian Online Retail industry which returned -48.6% over the past year.

Return vs Market: VEGA underperformed the Canadian Market which returned 4.6% over the past year.

Price Volatility

Is VEGA's price volatile compared to industry and market?
VEGA volatility
VEGA Average Weekly Movement	22.2%
Online Retail Industry Average Movement	14.1%
Market Average Movement	9.9%
10% most volatile stocks in CA Market	16.9%
10% least volatile stocks in CA Market	4.4%

Stable Share Price: VEGA is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 22% a week.

Volatility Over Time: VEGA's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Lorne Rapkin	https://plantx.com

PlantX Life Inc., an e-commerce company, provides plant-based products in Canada, the United States, the United Kingdom, Germany, and Austria. The company provides plant-based groceries, ingredients, food and beverages, cosmetics, pet foods, plants, and prepared meals. It distributes its products through the e-commerce platform, wholesale arrangements, and drop-shipping to restaurants and grocery stores.

PlantX Life Fundamentals Summary

How do PlantX Life's earnings and revenue compare to its market cap?
VEGA fundamental statistics
Market Cap	CA$25.17m
Earnings (TTM)	-CA$39.75m
Revenue (TTM)	CA$13.95m

1.8x

P/S Ratio

-0.6x

P/E Ratio

Is VEGA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
VEGA income statement (TTM)
Revenue	CA$13.95m
Cost of Revenue	CA$9.53m
Gross Profit	CA$4.43m
Other Expenses	CA$44.18m
Earnings	-CA$39.75m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.21
Gross Margin	31.72%
Net Profit Margin	-284.96%
Debt/Equity Ratio	1.2%

How did VEGA perform over the long term?

See historical performance and comparison

Valuation

Is PlantX Life undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

0.91x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate VEGA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate VEGA's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: VEGA is unprofitable, so we can't compare its PE Ratio to the North American Online Retail industry average.

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

Price to Book Ratio

PB vs Industry: VEGA is good value based on its PB Ratio (0.9x) compared to the CA Online Retail industry average (1.3x).

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

39.7%

Forecasted Retail 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 PlantX Life 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 PlantX Life performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-96.2%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: VEGA is currently unprofitable.

Growing Profit Margin: VEGA is currently unprofitable.

Past Earnings Growth Analysis

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

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

Earnings vs Industry: VEGA is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (-8.3%).

Return on Equity

High ROE: VEGA has a negative Return on Equity (-143.06%), as it is currently unprofitable.

Financial Health

How is PlantX Life's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: VEGA's short term assets (CA$6.5M) exceed its short term liabilities (CA$4.3M).

Long Term Liabilities: VEGA's short term assets (CA$6.5M) exceed its long term liabilities (CA$1.5M).

Debt to Equity History and Analysis

Debt Level: VEGA has more cash than its total debt.

Reducing Debt: Insufficient data to determine if VEGA'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: VEGA has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: VEGA 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 PlantX Life current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if VEGA's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as VEGA has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure

CEO

Lorne Rapkin

0.75

Tenure

CA$502,237

Compensation

Mr. Lorne Rapkin has been the Chief Executive Officer at Plantx Life Inc. (formerly, Vegaste Technologies Corp. and Winston Resources Inc.) since August 3, 2021 and has been its Director since August 5, 20...

CEO Compensation Analysis

Compensation vs Market: Lorne's total compensation ($USD391.20K) is above average for companies of similar size in the Canadian market ($USD169.92K).

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

Leadership Team

Experienced Management: VEGA's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Experienced Board: VEGA's board of directors are not considered experienced ( 1.4 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: VEGA 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 substantially diluted in the past year, with total shares outstanding growing by 60.7%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/21 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2021/12/31
Annual Earnings	2021/03/31