How does IRCC's PB Ratio compare to its peers?

IRCC has negative equity and a Price-To-Book Ratio (-1.5x) compared to the peer average (1.7x).

How does IRCC's PB Ratio compare vs other companies in the US Renewable Energy Industry?

IRCC has negative equity and a Price-To-Book Ratio (-1.5x) compared to the North American Renewable Energy industry average (1.5x).

What is IRCC's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate IRCC's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of IRCC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

IRCC ($0.1) is trading above our estimate of [[fair value]] ($0.1)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Indigenous Roots (OTCPK:IRCC) - Stock Price, News & Analysis

IRCC Stock Overview

Indigenous Roots Corp. engages in power generation business. More details

IRCC fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Earnings have declined by 10.3% per year over past 5 years

Does not have a meaningful market cap ($2M)

Makes less than USD$1m in revenue ($13K)

Negative shareholders equity

+ 3 more risks

Indigenous Roots Corp. Competitors

Spruce Power Holding

NYSE:SPRU

US$42.6m

Eco Wave Power Global

NasdaqCM:WAVE

US$56.0m

Kontrol Technologies

OTCPK:KNRL.F

US$7.6m

Azure Power Global

OTCPK:AZRE.F

US$48.1m

Price History & Performance

Summary of all time highs, changes and price drops for Indigenous Roots
Historical stock prices
Current Share Price	US$0.10
52 Week High	US$0.54
52 Week Low	US$0.10
Beta	4.22
11 Month Change	0%
3 Month Change	0%
1 Year Change	-65.67%
33 Year Change	47.14%
5 Year Change	68.85%
Change since IPO	-99.49%

Recent updates

Shareholder Returns

	IRCC	US Renewable Energy	US Market
7D	0%	8.6%	2.2%
1Y	-65.7%	109.7%	31.7%

Return vs Industry: IRCC underperformed the US Renewable Energy industry which returned -23.2% over the past year.

Return vs Market: IRCC underperformed the US Market which returned 15.2% over the past year.

Price Volatility

Is IRCC's price volatile compared to industry and market?
IRCC volatility
IRCC Average Weekly Movement	n/a
Renewable Energy Industry Average Movement	8.1%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: Insufficient data to determine IRCC's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2006	n/a	n/a	n/a

Indigenous Roots Corp. engages in power generation business. It owns and operates a 140 kW/h solar power generating facility in Georgetown, Delaware. The company was formerly known as American Paramount Gold Corp. and changed its name to Indigenous Roots Corp. in February 2018.

Indigenous Roots Corp. Fundamentals Summary

How do Indigenous Roots's earnings and revenue compare to its market cap?
IRCC fundamental statistics
Market cap	US$1.61m
Earnings (TTM)	-US$902.02k
Revenue (TTM)	US$13.41k

119.8x

P/S Ratio

-1.8x

P/E Ratio

Is IRCC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IRCC income statement (TTM)
Revenue	US$13.41k
Cost of Revenue	US$0
Gross Profit	US$13.41k
Other Expenses	US$915.43k
Earnings	-US$902.02k

Last Reported Earnings

Nov 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.058
Gross Margin	100.00%
Net Profit Margin	-6,727.50%
Debt/Equity Ratio	-99.2%

How did IRCC perform over the long term?

See historical performance and comparison

Indigenous Roots OTCPK:IRCC Stock Report