CANLAN ICE SPORTS CORP (ICE.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:ICE • CA1376392090
4.2 CAD
-0.05 (-1.18%)
Last: Feb 3, 2026, 07:00 PM
Overall ICE gets a fundamental rating of 4 out of 10. We evaluated ICE against 19 industry peers in the Hotels, Restaurants & Leisure industry. ICE has a medium profitability rating, but doesn't score so well on its financial health evaluation. ICE has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year ICE was profitable.
- ICE had a positive operating cash flow in the past year.
- In multiple years ICE reported negative net income over the last 5 years.
- ICE had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- ICE has a better Return On Assets (3.21%) than 63.16% of its industry peers.
- ICE has a Return On Equity of 9.47%. This is in the better half of the industry: ICE outperforms 68.42% of its industry peers.
- ICE has a better Return On Invested Capital (5.88%) than 63.16% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ICE is significantly below the industry average of 8.63%.
- The 3 year average ROIC (2.59%) for ICE is below the current ROIC(5.88%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.21% | ||
| ROE | 9.47% | ||
| ROIC | 5.88% |
ROA(3y)2.13%
ROA(5y)0.04%
ROE(3y)5.61%
ROE(5y)-0.22%
ROIC(3y)2.59%
ROIC(5y)N/A
1.3 Margins
- With a Profit Margin value of 3.97%, ICE perfoms like the industry average, outperforming 52.63% of the companies in the same industry.
- In the last couple of years the Profit Margin of ICE has remained more or less at the same level.
- ICE has a Operating Margin (7.50%) which is in line with its industry peers.
- In the last couple of years the Operating Margin of ICE has grown nicely.
- With an excellent Gross Margin value of 94.21%, ICE belongs to the best of the industry, outperforming 89.47% of the companies in the same industry.
- In the last couple of years the Gross Margin of ICE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.5% | ||
| PM (TTM) | 3.97% | ||
| GM | 94.21% |
OM growth 3YN/A
OM growth 5Y1.68%
PM growth 3YN/A
PM growth 5Y1.43%
GM growth 3Y-1.11%
GM growth 5Y0.1%
2. Health
2.1 Basic Checks
- ICE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for ICE remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, ICE has more shares outstanding
- The debt/assets ratio for ICE has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.02, we must say that ICE is in the distress zone and has some risk of bankruptcy.
- ICE has a Altman-Z score of 1.02. This is comparable to the rest of the industry: ICE outperforms 57.89% of its industry peers.
- ICE has a debt to FCF ratio of 8.06. This is a slightly negative value and a sign of low solvency as ICE would need 8.06 years to pay back of all of its debts.
- ICE's Debt to FCF ratio of 8.06 is fine compared to the rest of the industry. ICE outperforms 68.42% of its industry peers.
- A Debt/Equity ratio of 1.12 is on the high side and indicates that ICE has dependencies on debt financing.
- ICE has a Debt to Equity ratio of 1.12. This is comparable to the rest of the industry: ICE outperforms 52.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 8.06 | ||
| Altman-Z | 1.02 |
ROIC/WACC0.81
WACC7.25%
2.3 Liquidity
- A Current Ratio of 0.67 indicates that ICE may have some problems paying its short term obligations.
- ICE's Current ratio of 0.67 is in line compared to the rest of the industry. ICE outperforms 52.63% of its industry peers.
- ICE has a Quick Ratio of 0.67. This is a bad value and indicates that ICE is not financially healthy enough and could expect problems in meeting its short term obligations.
- ICE has a Quick ratio of 0.65. This is comparable to the rest of the industry: ICE outperforms 52.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
- ICE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 852.27%, which is quite impressive.
- ICE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.12% yearly.
- Looking at the last year, ICE shows a small growth in Revenue. The Revenue has grown by 6.53% in the last year.
- Measured over the past years, ICE shows a small growth in Revenue. The Revenue has been growing by 1.26% on average per year.
EPS 1Y (TTM)852.27%
EPS 3YN/A
EPS 5Y3.12%
EPS Q2Q%7.35%
Revenue 1Y (TTM)6.53%
Revenue growth 3Y32.54%
Revenue growth 5Y1.26%
Sales Q2Q%5.92%
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 14.48, ICE is valued correctly.
- Based on the Price/Earnings ratio, ICE is valued a bit cheaper than 73.68% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.18. ICE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.48 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ICE indicates a rather cheap valuation: ICE is cheaper than 84.21% of the companies listed in the same industry.
- 78.95% of the companies in the same industry are more expensive than ICE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.13 | ||
| EV/EBITDA | 5.99 |
4.3 Compensation for Growth
- ICE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)4.64
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- ICE has a Yearly Dividend Yield of 2.78%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.41, ICE has a dividend in line with its industry peers.
- ICE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
5.2 History
- The dividend of ICE has a limited annual growth rate of 5.88%.
- ICE has paid a dividend for at least 10 years, which is a reliable track record.
- ICE has decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.88%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- ICE pays out 211.38% of its income as dividend. This is not a sustainable payout ratio.
- ICE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP211.38%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:ICE (2/3/2026, 7:00:00 PM)
4.2
-0.05 (-1.18%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)11-13 2025-11-13
Earnings (Next)03-19 2026-03-19
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners0.59%
Ins Owner ChangeN/A
Market Cap56.03M
Revenue(TTM)98.66M
Net Income(TTM)3.91M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
Yearly Dividend0.12
Dividend Growth(5Y)5.88%
DP211.38%
Div Incr Years2
Div Non Decr Years2
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.48 | ||
| Fwd PE | N/A | ||
| P/S | 0.57 | ||
| P/FCF | 9.13 | ||
| P/OCF | 4.74 | ||
| P/B | 1.36 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 5.99 |
EPS(TTM)0.29
EY6.9%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.46
FCFY10.95%
OCF(TTM)0.89
OCFY21.09%
SpS7.4
BVpS3.1
TBVpS3.1
PEG (NY)N/A
PEG (5Y)4.64
Graham Number4.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.21% | ||
| ROE | 9.47% | ||
| ROCE | 8.16% | ||
| ROIC | 5.88% | ||
| ROICexc | 7% | ||
| ROICexgc | 7% | ||
| OM | 7.5% | ||
| PM (TTM) | 3.97% | ||
| GM | 94.21% | ||
| FCFM | 6.22% |
ROA(3y)2.13%
ROA(5y)0.04%
ROE(3y)5.61%
ROE(5y)-0.22%
ROIC(3y)2.59%
ROIC(5y)N/A
ROICexc(3y)3.3%
ROICexc(5y)N/A
ROICexgc(3y)3.3%
ROICexgc(5y)N/A
ROCE(3y)3.6%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y7.75%
ROICexc growth 3YN/A
ROICexc growth 5Y7.75%
OM growth 3YN/A
OM growth 5Y1.68%
PM growth 3YN/A
PM growth 5Y1.43%
GM growth 3Y-1.11%
GM growth 5Y0.1%
F-Score6
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 8.06 | ||
| Debt/EBITDA | 3.02 | ||
| Cap/Depr | 72.13% | ||
| Cap/Sales | 5.76% | ||
| Interest Coverage | 2.46 | ||
| Cash Conversion | 77.34% | ||
| Profit Quality | 156.8% | ||
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 1.02 |
F-Score6
WACC7.25%
ROIC/WACC0.81
Cap/Depr(3y)66.65%
Cap/Depr(5y)45.76%
Cap/Sales(3y)5.99%
Cap/Sales(5y)4.75%
Profit Quality(3y)486.27%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)852.27%
EPS 3YN/A
EPS 5Y3.12%
EPS Q2Q%7.35%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.53%
Revenue growth 3Y32.54%
Revenue growth 5Y1.26%
Sales Q2Q%5.92%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y77.57%
EBIT growth 3YN/A
EBIT growth 5Y2.96%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y50.71%
FCF growth 3Y-16.62%
FCF growth 5YN/A
OCF growth 1Y24.11%
OCF growth 3Y4.39%
OCF growth 5Y9.19%
CANLAN ICE SPORTS CORP / ICE.CA FAQ
What is the fundamental rating for ICE stock?
ChartMill assigns a fundamental rating of 4 / 10 to ICE.CA.
Can you provide the valuation status for CANLAN ICE SPORTS CORP?
ChartMill assigns a valuation rating of 4 / 10 to CANLAN ICE SPORTS CORP (ICE.CA). This can be considered as Fairly Valued.
What is the profitability of ICE stock?
CANLAN ICE SPORTS CORP (ICE.CA) has a profitability rating of 6 / 10.
What are the PE and PB ratios of CANLAN ICE SPORTS CORP (ICE.CA) stock?
The Price/Earnings (PE) ratio for CANLAN ICE SPORTS CORP (ICE.CA) is 14.48 and the Price/Book (PB) ratio is 1.36.