DECIBEL CANNABIS CO INC (DB.CA) Fundamental Analysis & Valuation

TSX-V:DB • CA2434371001

0.105 CAD
+0 (+5%)
Last: Mar 3, 2026, 07:00 PM
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This DB.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Overall DB gets a fundamental rating of 4 out of 10. We evaluated DB against 34 industry peers in the Pharmaceuticals industry. There are concerns on the financial health of DB while its profitability can be described as average. DB is not overvalued while it is showing excellent growth. This is an interesting combination.


Dividend Valuation Growth Profitability Health

4

1. DB.CA Profitability Analysis

1.1 Basic Checks

  • In the past year DB has reported negative net income.
  • In the past year DB had a positive cash flow from operations.
  • In multiple years DB reported negative net income over the last 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: DB reported negative operating cash flow in multiple years.
DB.CA Yearly Net Income VS EBIT VS OCF VS FCFDB.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 5M -5M -10M -15M -20M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 7.97%, DB belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
  • DB has a better Return On Equity (18.35%) than 91.18% of its industry peers.
Industry RankSector Rank
ROA 7.97%
ROE 18.35%
ROIC N/A
ROA(3y)0.61%
ROA(5y)-1.43%
ROE(3y)0.45%
ROE(5y)-4.55%
ROIC(3y)N/A
ROIC(5y)N/A
DB.CA Yearly ROA, ROE, ROICDB.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 50 100

1.3 Margins

  • DB's Profit Margin of 10.67% is amongst the best of the industry. DB outperforms 82.35% of its industry peers.
  • In the last couple of years the Profit Margin of DB has grown nicely.
  • With a Gross Margin value of 21.98%, DB is not doing good in the industry: 67.65% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of DB has declined.
Industry RankSector Rank
OM N/A
PM (TTM) 10.67%
GM 21.98%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y45.46%
PM growth 5YN/A
GM growth 3Y72.19%
GM growth 5Y-2.05%
DB.CA Yearly Profit, Operating, Gross MarginsDB.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

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3

2. DB.CA Health Analysis

2.1 Basic Checks

  • DB does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, DB has more shares outstanding
  • DB has more shares outstanding than it did 5 years ago.
  • DB has a better debt/assets ratio than last year.
DB.CA Yearly Shares OutstandingDB.CA Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M
DB.CA Yearly Total Debt VS Total AssetsDB.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

2.2 Solvency

  • Based on the Altman-Z score of 0.96, we must say that DB is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of DB (0.96) is better than 67.65% of its industry peers.
  • The Debt to FCF ratio of DB is 18.67, which is on the high side as it means it would take DB, 18.67 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 18.67, DB is doing good in the industry, outperforming 67.65% of the companies in the same industry.
  • DB has a Debt/Equity ratio of 0.54. This is a neutral value indicating DB is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.54, DB is in line with its industry, outperforming 41.18% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF 18.67
Altman-Z 0.96
ROIC/WACCN/A
WACC7.98%
DB.CA Yearly LT Debt VS Equity VS FCFDB.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M 60M

2.3 Liquidity

  • DB has a Current Ratio of 1.34. This is a normal value and indicates that DB is financially healthy and should not expect problems in meeting its short term obligations.
  • DB has a worse Current ratio (1.34) than 61.76% of its industry peers.
  • DB has a Quick Ratio of 1.34. This is a bad value and indicates that DB is not financially healthy enough and could expect problems in meeting its short term obligations.
  • DB's Quick ratio of 0.61 is on the low side compared to the rest of the industry. DB is outperformed by 82.35% of its industry peers.
Industry RankSector Rank
Current Ratio 1.34
Quick Ratio 0.61
DB.CA Yearly Current Assets VS Current LiabilitesDB.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. DB.CA Growth Analysis

3.1 Past

  • DB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 816.22%, which is quite impressive.
  • The Earnings Per Share has been growing by 90.70% on average over the past years. This is a very strong growth
  • DB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.11%.
  • Measured over the past years, DB shows a very strong growth in Revenue. The Revenue has been growing by 71.51% on average per year.
EPS 1Y (TTM)816.22%
EPS 3Y90.7%
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)15.11%
Revenue growth 3Y20.83%
Revenue growth 5Y71.51%
Sales Q2Q%36.51%

3.2 Future

  • DB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 71.68% yearly.
  • DB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.15% yearly.
EPS Next Y100%
EPS Next 2Y101%
EPS Next 3Y71.68%
EPS Next 5YN/A
Revenue Next Year23.51%
Revenue Next 2Y20.3%
Revenue Next 3Y16.19%
Revenue Next 5Y10.15%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
DB.CA Yearly Revenue VS EstimatesDB.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 50M 100M 150M
DB.CA Yearly EPS VS EstimatesDB.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2021 2022 2023 2024 2026 2027 0 -0.05 -0.1 -0.15

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5

4. DB.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Forward Earnings ratio of 5.15, the valuation of DB can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, DB is valued cheaper than 91.18% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of DB to the average of the S&P500 Index (24.95), we can say DB is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 5.15
DB.CA Price Earnings VS Forward Price EarningsDB.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of DB indicates a somewhat cheap valuation: DB is cheaper than 61.76% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 24.72
EV/EBITDA N/A
DB.CA Per share dataDB.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.05 0.1 0.15

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • DB's earnings are expected to grow with 71.68% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y101%
EPS Next 3Y71.68%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. DB.CA Dividend Analysis

5.1 Amount

  • DB does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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DB.CA Fundamentals: All Metrics, Ratios and Statistics

DECIBEL CANNABIS CO INC

TSX-V:DB (3/3/2026, 7:00:00 PM)

0.105

+0 (+5%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryPharmaceuticals
Earnings (Last)11-19
Earnings (Next)04-20
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners5.84%
Ins Owner ChangeN/A
Market Cap60.59M
Revenue(TTM)109.31M
Net Income(TTM)11.66M
Analysts82
Price Target0.27 (157.14%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)2.87%
Min Revenue beat(2)-2.22%
Max Revenue beat(2)7.97%
Revenue beat(4)1
Avg Revenue beat(4)-3.1%
Min Revenue beat(4)-13.84%
Max Revenue beat(4)7.97%
Revenue beat(8)2
Avg Revenue beat(8)-5.36%
Revenue beat(12)5
Avg Revenue beat(12)1.08%
Revenue beat(16)5
Avg Revenue beat(16)-1.07%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-25.04%
EPS NY rev (1m)N/A
EPS NY rev (3m)-100%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.61%
Revenue NY rev (1m)-1.48%
Revenue NY rev (3m)-3.96%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 5.15
P/S 0.55
P/FCF 24.72
P/OCF 15.32
P/B 0.95
P/tB 0.96
EV/EBITDA N/A
EPS(TTM)0
EYN/A
EPS(NY)0.02
Fwd EY19.43%
FCF(TTM)0
FCFY4.05%
OCF(TTM)0.01
OCFY6.53%
SpS0.19
BVpS0.11
TBVpS0.11
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 7.97%
ROE 18.35%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 10.67%
GM 21.98%
FCFM 2.24%
ROA(3y)0.61%
ROA(5y)-1.43%
ROE(3y)0.45%
ROE(5y)-4.55%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y45.46%
PM growth 5YN/A
GM growth 3Y72.19%
GM growth 5Y-2.05%
F-Score6
Asset Turnover0.75
Health
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF 18.67
Debt/EBITDA N/A
Cap/Depr 23.63%
Cap/Sales 1.38%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 21.01%
Current Ratio 1.34
Quick Ratio 0.61
Altman-Z 0.96
F-Score6
WACC7.98%
ROIC/WACCN/A
Cap/Depr(3y)70.46%
Cap/Depr(5y)95.47%
Cap/Sales(3y)2.65%
Cap/Sales(5y)5.7%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)816.22%
EPS 3Y90.7%
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y100%
EPS Next 2Y101%
EPS Next 3Y71.68%
EPS Next 5YN/A
Revenue 1Y (TTM)15.11%
Revenue growth 3Y20.83%
Revenue growth 5Y71.51%
Sales Q2Q%36.51%
Revenue Next Year23.51%
Revenue Next 2Y20.3%
Revenue Next 3Y16.19%
Revenue Next 5Y10.15%
EBIT growth 1Y-65.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year308.62%
EBIT Next 3Y83.18%
EBIT Next 5Y46.42%
FCF growth 1Y-16.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-21.82%
OCF growth 3YN/A
OCF growth 5YN/A

DECIBEL CANNABIS CO INC / DB.CA FAQ

What is the ChartMill fundamental rating of DECIBEL CANNABIS CO INC (DB.CA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to DB.CA.


What is the valuation status of DECIBEL CANNABIS CO INC (DB.CA) stock?

ChartMill assigns a valuation rating of 5 / 10 to DECIBEL CANNABIS CO INC (DB.CA). This can be considered as Fairly Valued.


How profitable is DECIBEL CANNABIS CO INC (DB.CA) stock?

DECIBEL CANNABIS CO INC (DB.CA) has a profitability rating of 4 / 10.


Can you provide the expected EPS growth for DB stock?

The Earnings per Share (EPS) of DECIBEL CANNABIS CO INC (DB.CA) is expected to grow by 100% in the next year.