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FAF

Fire & Flower Holdings TSX:FAF Stock Report

Last Price

CA$3.31

Market Cap

CA$122.5m

7D

17.4%

1Y

-67.9%

Updated

23 May, 2022

Data

Company Financials +
FAF fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance0/6
Financial Health1/6
Dividends0/6

FAF Stock Overview

Fire & Flower Holdings Corp., through its subsidiary, Fire & Flower Inc., operates as an independent retailer that offers cannabis products and accessories through its retail locations located in the provinces of Alberta, Saskatchewan, Manitoba, Ontario, and Yukon.

Fire & Flower Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fire & Flower Holdings
Historical stock prices
Current Share PriceCA$3.31
52 Week HighCA$12.10
52 Week LowCA$2.51
Beta2.59
1 Month Change-21.75%
3 Month Change-31.33%
1 Year Change-67.86%
3 Year Change-74.14%
5 Year Changen/a
Change since IPO-75.30%

Recent News & Updates

Shareholder Returns

FAFCA Specialty RetailCA Market
7D17.4%-1.1%0.2%
1Y-67.9%-5.0%4.8%

Return vs Industry: FAF underperformed the Canadian Specialty Retail industry which returned -5% over the past year.

Return vs Market: FAF underperformed the Canadian Market which returned 4.8% over the past year.

Price Volatility

Is FAF's price volatile compared to industry and market?
FAF volatility
FAF Average Weekly Movement12.0%
Specialty Retail Industry Average Movement6.3%
Market Average Movement9.8%
10% most volatile stocks in CA Market17.0%
10% least volatile stocks in CA Market4.3%

Stable Share Price: FAF is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: FAF's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a712Trevor Fencotthttps://www.fireandflower.com

Fire & Flower Holdings Corp., through its subsidiary, Fire & Flower Inc., operates as an independent retailer that offers cannabis products and accessories through its retail locations located in the provinces of Alberta, Saskatchewan, Manitoba, Ontario, and Yukon. It also engages in the wholesale of regulated cannabis products and accessories in Saskatchewan; and operates Hifyre digital retail and analytics of regulated cannabis e-commerce platform. As of April 30, 2021, the company directly and indirectly holds 81 cannabis retail store licenses, including 1 cannabis retail store in the province of British Columbia; 40 cannabis retail stores in the province of Alberta; 9 cannabis retail stores in the province of Saskatchewan; 1 cannabis retail store in the province of Manitoba; 29 cannabis retail stores in the province of Ontario; and 1 cannabis retail store in the Yukon.

Fire & Flower Holdings Fundamentals Summary

How do Fire & Flower Holdings's earnings and revenue compare to its market cap?
FAF fundamental statistics
Market CapCA$122.52m
Earnings (TTM)-CA$63.59m
Revenue (TTM)CA$175.50m

0.7x

P/S Ratio

-1.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FAF income statement (TTM)
RevenueCA$175.50m
Cost of RevenueCA$113.41m
Gross ProfitCA$62.09m
Other ExpensesCA$125.69m
Earnings-CA$63.59m

Last Reported Earnings

Jan 29, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.72
Gross Margin35.38%
Net Profit Margin-36.23%
Debt/Equity Ratio18.9%

How did FAF perform over the long term?

See historical performance and comparison

Valuation

Is Fire & Flower Holdings 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


1.06x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: FAF (CA$3.31) is trading above our estimate of fair value (CA$2.74)

Significantly Below Fair Value: FAF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FAF is unprofitable, so we can't compare its PE Ratio to the Canadian Specialty Retail industry average.

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


Price to Book Ratio

PB vs Industry: FAF is good value based on its PB Ratio (1.1x) compared to the CA Specialty Retail industry average (1.4x).


Future Growth

How is Fire & Flower Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.3%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if FAF's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if FAF's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FAF's revenue (18.3% per year) is forecast to grow faster than the Canadian market (6.4% per year).

High Growth Revenue: FAF's revenue (18.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has Fire & Flower Holdings 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


-34.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FAF is currently unprofitable.

Growing Profit Margin: FAF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FAF is unprofitable, and losses have increased over the past 5 years at a rate of 34.7% per year.

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

Earnings vs Industry: FAF is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (66.1%).


Return on Equity

High ROE: FAF has a negative Return on Equity (-54.97%), as it is currently unprofitable.


Financial Health

How is Fire & Flower Holdings's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: FAF's short term assets (CA$52.7M) do not cover its short term liabilities (CA$54.3M).

Long Term Liabilities: FAF's short term assets (CA$52.7M) do not cover its long term liabilities (CA$52.9M).


Debt to Equity History and Analysis

Debt Level: FAF's net debt to equity ratio (1.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if FAF'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: FAF has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FAF has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.9% each year.


Dividend

What is Fire & Flower Holdings's 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 FAF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

Growing Dividend: Insufficient data to determine if FAF'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 FAF has not reported any payouts.


Discover strong dividend paying companies

Management

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

3.2yrs

Average management tenure


CEO

Trevor Fencott (50 yo)

3.25yrs

Tenure

CA$1,031,254

Compensation

Mr. Trevor Fencott has been Director of Canadian Chamber of Commerce since September 2019. Mr. Fencott has been President and Chief Executive Officer of Fire & Flower Holdings Corp. since February 13, 2019...


CEO Compensation Analysis

Compensation vs Market: Trevor's total compensation ($USD807.31K) is above average for companies of similar size in the Canadian market ($USD168.83K).

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


Leadership Team

Experienced Management: FAF's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: FAF's board of directors are considered experienced (3.3 years average tenure).


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 11.1%.


Top Shareholders

Company Information

Fire & Flower Holdings Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Fire & Flower Holdings Corp.
  • Ticker: FAF
  • Exchange: TSX
  • Founded: NaN
  • Industry: Specialty Stores
  • Sector: Retail
  • Implied Market Cap: CA$122.523m
  • Shares outstanding: 37.02m
  • Website: https://www.fireandflower.com

Number of Employees


Location

  • Fire & Flower Holdings Corp.
  • 130 King Street West
  • Suite 2500
  • Toronto
  • Ontario
  • M5X 1C8
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/01/29
Annual Earnings2022/01/29


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.