GREENLANE RENEWABLES INC (GRN.CA) Stock Fundamental Analysis
TSX:GRN - CA3953321096 - Common Stock
0.265 CAD
-0.02 (-7.02%)
We assign a fundamental rating of 4 out of 10 to GRN. GRN was compared to 215 industry peers in the Oil, Gas & Consumable Fuels industry. While GRN seems to be doing ok healthwise, there are quite some concerns on its profitability. GRN has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year GRN has reported negative net income.
GRN had a positive operating cash flow in the past year.
GRN had negative earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: GRN reported negative operating cash flow in multiple years.
1.2 Ratios
GRN has a Return On Assets (-6.49%) which is in line with its industry peers.
GRN has a Return On Equity (-12.48%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.49% | ||
| ROE | -12.48% | ||
| ROIC | N/A |
ROA(3y)-21.71%
ROA(5y)-14.79%
ROE(3y)-44.99%
ROE(5y)-29.77%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 30.62%, GRN is in line with its industry, outperforming 51.16% of the companies in the same industry.
GRN's Gross Margin has declined in the last couple of years.
GRN does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 30.62% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.55%
GM growth 5Y-3.64%
2. Health
2.1 Basic Checks
GRN does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for GRN has been increased compared to 1 year ago.
Compared to 5 years ago, GRN has more shares outstanding
GRN has a worse debt/assets ratio than last year.
2.2 Solvency
GRN has an Altman-Z score of 0.97. This is a bad value and indicates that GRN is not financially healthy and even has some risk of bankruptcy.
GRN's Altman-Z score of 0.97 is in line compared to the rest of the industry. GRN outperforms 60.00% of its industry peers.
GRN has a debt to FCF ratio of 0.25. This is a very positive value and a sign of high solvency as it would only need 0.25 years to pay back of all of its debts.
The Debt to FCF ratio of GRN (0.25) is better than 94.42% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that GRN is not too dependend on debt financing.
GRN has a better Debt to Equity ratio (0.07) than 73.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.25 | ||
| Altman-Z | 0.97 |
ROIC/WACCN/A
WACC8.29%
2.3 Liquidity
GRN has a Current Ratio of 1.65. This is a normal value and indicates that GRN is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.65, GRN is in the better half of the industry, outperforming 77.21% of the companies in the same industry.
A Quick Ratio of 1.58 indicates that GRN should not have too much problems paying its short term obligations.
GRN has a better Quick ratio (1.58) than 75.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.58 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 91.46% over the past year.
The Revenue has decreased by -2.72% in the past year.
Measured over the past years, GRN shows a very strong growth in Revenue. The Revenue has been growing by 41.55% on average per year.
EPS 1Y (TTM)91.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-22.64%
Revenue 1Y (TTM)-2.72%
Revenue growth 3Y-2.17%
Revenue growth 5Y41.55%
Sales Q2Q%-61.35%
3.2 Future
GRN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 76.66% yearly.
Based on estimates for the next years, GRN will show a quite strong growth in Revenue. The Revenue will grow by 11.33% on average per year.
EPS Next Y-75%
EPS Next 2Y169.21%
EPS Next 3Y118.21%
EPS Next 5Y76.66%
Revenue Next Year-36.54%
Revenue Next 2Y23.98%
Revenue Next 3Y11.49%
Revenue Next 5Y11.33%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for GRN. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 1.25, which indicates a rather cheap valuation of GRN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GRN indicates a rather cheap valuation: GRN is cheaper than 98.14% of the companies listed in the same industry.
GRN is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1.25 |
4.2 Price Multiples
95.81% of the companies in the same industry are more expensive than GRN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.15 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as GRN's earnings are expected to grow with 118.21% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y169.21%
EPS Next 3Y118.21%
5. Dividend
5.1 Amount
No dividends for GRN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:GRN (8/29/2025, 7:00:00 PM)
0.265
-0.02 (-7.02%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners2.87%
Inst Owner ChangeN/A
Ins Owners8.92%
Ins Owner ChangeN/A
Market Cap41.59M
Analysts45.71
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1.25 | ||
| P/S | 0.71 | ||
| P/FCF | 5.15 | ||
| P/OCF | 5.12 | ||
| P/B | 1.8 | ||
| P/tB | 3.31 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.02
EYN/A
EPS(NY)0.21
Fwd EY80%
FCF(TTM)0.05
FCFY19.4%
OCF(TTM)0.05
OCFY19.51%
SpS0.37
BVpS0.15
TBVpS0.08
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.49% | ||
| ROE | -12.48% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 30.62% | ||
| FCFM | 13.71% |
ROA(3y)-21.71%
ROA(5y)-14.79%
ROE(3y)-44.99%
ROE(5y)-29.77%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.55%
GM growth 5Y-3.64%
F-Score6
Asset Turnover1.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.25 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 4.25% | ||
| Cap/Sales | 0.08% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.58 | ||
| Altman-Z | 0.97 |
F-Score6
WACC8.29%
ROIC/WACCN/A
Cap/Depr(3y)12.44%
Cap/Depr(5y)10.92%
Cap/Sales(3y)0.41%
Cap/Sales(5y)0.37%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)91.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-22.64%
EPS Next Y-75%
EPS Next 2Y169.21%
EPS Next 3Y118.21%
EPS Next 5Y76.66%
Revenue 1Y (TTM)-2.72%
Revenue growth 3Y-2.17%
Revenue growth 5Y41.55%
Sales Q2Q%-61.35%
Revenue Next Year-36.54%
Revenue Next 2Y23.98%
Revenue Next 3Y11.49%
Revenue Next 5Y11.33%
EBIT growth 1Y59.04%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year44.35%
EBIT Next 3Y18.57%
EBIT Next 5Y16.66%
FCF growth 1Y307.94%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y339.38%
OCF growth 3YN/A
OCF growth 5YN/A