SNYB Stock Overview
ShinyBud Corp. operates as a cannabis retailer in Canada.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$1.46|
|52 Week High||CA$6.25|
|52 Week Low||CA$1.10|
|1 Month Change||-16.86%|
|3 Month Change||-51.50%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-73.55%|
Recent News & Updates
|SNYB||CA Specialty Retail||CA Market|
Return vs Industry: Insufficient data to determine how SNYB performed against the Canadian Specialty Retail industry.
Return vs Market: Insufficient data to determine how SNYB performed against the Canadian Market.
|SNYB Average Weekly Movement||n/a|
|Specialty Retail Industry Average Movement||6.4%|
|Market Average Movement||10.8%|
|10% most volatile stocks in CA Market||19.4%|
|10% least volatile stocks in CA Market||4.4%|
Stable Share Price: Insufficient data to determine SNYB's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine SNYB's volatility change over the past year.
About the Company
ShinyBud Corp. operates as a cannabis retailer in Canada. The company’s retail chain that offers cannabis products and accessories to the legal adult-use recreational market in Ontario. It operates approximately 30 corporate stores and 12 licensed stores across Ontario.
ShinyBud Fundamentals Summary
|SNYB fundamental statistics|
Is SNYB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SNYB income statement (TTM)|
|Cost of Revenue||CA$15.04m|
Last Reported Earnings
Apr 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.74|
|Net Profit Margin||-33.14%|
How did SNYB perform over the long term?See historical performance and comparison
Is SNYB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SNYB?
Other financial metrics that can be useful for relative valuation.
|What is SNYB's n/a Ratio?|
Price to Sales Ratio vs Peers
How does SNYB's PS Ratio compare to its peers?
|SNYB PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
NOVC Nova Cannabis
KO Kiaro Holdings
Price-To-Sales vs Peers: SNYB is expensive based on its Price-To-Sales Ratio (0.6x) compared to the peer average (0.6x).
Price to Earnings Ratio vs Industry
How does SNYB's PE Ratio compare vs other companies in the North American Specialty Retail Industry?
Price-To-Sales vs Industry: SNYB is expensive based on its Price-To-Sales Ratio (0.6x) compared to the Canadian Specialty Retail industry average (0.6x)
Price to Sales Ratio vs Fair Ratio
What is SNYB's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||0.6x|
|Fair PS Ratio||n/a|
Price-To-Sales vs Fair Ratio: Insufficient data to calculate SNYB's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SNYB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate SNYB's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate SNYB's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
How is ShinyBud forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 ShinyBud 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.
Discover growth companies
How has ShinyBud performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SNYB is currently unprofitable.
Growing Profit Margin: SNYB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SNYB's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare SNYB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SNYB is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (41.2%).
Return on Equity
High ROE: SNYB has a negative Return on Equity (-57.12%), as it is currently unprofitable.
Discover strong past performing companies
How is ShinyBud's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: SNYB's short term assets (CA$5.2M) do not cover its short term liabilities (CA$7.3M).
Long Term Liabilities: SNYB's short term assets (CA$5.2M) do not cover its long term liabilities (CA$11.7M).
Debt to Equity History and Analysis
Debt Level: SNYB's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SNYB'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: SNYB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SNYB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 100.6% each year
Discover healthy companies
What is ShinyBud current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SNYB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SNYB'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 SNYB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SNYB'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 SNYB has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kevin Reed (53 yo)
Mr. Kevin D. Reed serves as Chairman and Chief Executive Officer of ShinyBud Corp and is its Director since January 20, 2022. He served as the Chief Executive Officer of Equity Financial Trust Company unti...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD53.92K) is below average for companies of similar size in the Canadian market ($USD185.39K).
Compensation vs Earnings: Insufficient data to compare Kevin's compensation with company performance.
Experienced Management: SNYB's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: SNYB's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.
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.
Dilution of Shares: SNYB only recently listed within the past 12 months.
ShinyBud Corp.'s employee growth, exchange listings and data sources
- Name: ShinyBud Corp.
- Ticker: SNYB
- Exchange: TSXV
- Founded: 2021
- Industry: Specialty Stores
- Sector: Retail
- Implied Market Cap: CA$15.507m
- Shares outstanding: 10.66m
- Website: https://www.shinybud.com
Number of Employees
- ShinyBud Corp.
- 150 York Street
- Sutie 1008
- M5H 3S5
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/07 00:00|
|End of Day Share Price||2022/08/05 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.