GOODFOOD MARKET CORP (FOOD.CA) Stock Fundamental Analysis
TSX:FOOD - Toronto Stock Exchange - CA38217M1005 - Common Stock - Currency: CAD
FOOD gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 19 industry peers in the Consumer Staples Distribution & Retail industry. Both the profitability and financial health of FOOD have multiple concerns. FOOD does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year FOOD has reported negative net income.
In the past year FOOD had a positive cash flow from operations.
FOOD had negative earnings in each of the past 5 years.
In multiple years FOOD reported negative operating cash flow during the last 5 years.
1.2 Ratios
FOOD has a Return On Assets of -6.56%. This is amonst the worse of the industry: FOOD underperforms 89.47% of its industry peers.
FOOD has a Return On Invested Capital of 2.19%. This is amonst the worse of the industry: FOOD underperforms 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.56% | ||
| ROE | N/A | ||
| ROIC | 2.19% |
ROA(3y)-42.98%
ROA(5y)-28.78%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Operating Margin value of 0.49%, FOOD is not doing good in the industry: 84.21% of the companies in the same industry are doing better.
FOOD has a better Gross Margin (41.21%) than 100.00% of its industry peers.
In the last couple of years the Gross Margin of FOOD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.49% | ||
| PM (TTM) | N/A | ||
| GM | 41.21% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.41%
GM growth 5Y10.52%
2. Health
2.1 Basic Checks
FOOD 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 FOOD has been increased compared to 1 year ago.
The number of shares outstanding for FOOD has been increased compared to 5 years ago.
The debt/assets ratio for FOOD is higher compared to a year ago.
2.2 Solvency
FOOD has an Altman-Z score of -2.66. This is a bad value and indicates that FOOD is not financially healthy and even has some risk of bankruptcy.
FOOD has a Altman-Z score of -2.66. This is amonst the worse of the industry: FOOD underperforms 94.74% of its industry peers.
The Debt to FCF ratio of FOOD is 8.72, which is on the high side as it means it would take FOOD, 8.72 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.72, FOOD is doing worse than 73.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 8.72 | ||
| Altman-Z | -2.66 |
ROIC/WACC0.36
WACC6.07%
2.3 Liquidity
FOOD has a Current Ratio of 1.04. This is a normal value and indicates that FOOD is financially healthy and should not expect problems in meeting its short term obligations.
FOOD has a worse Current ratio (1.04) than 68.42% of its industry peers.
A Quick Ratio of 0.93 indicates that FOOD may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.93, FOOD belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.93 |
3. Growth
3.1 Past
FOOD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 48.00%, which is quite impressive.
FOOD shows a decrease in Revenue. In the last year, the revenue decreased by -9.35%.
The Revenue has been decreasing by -1.07% on average over the past years.
EPS 1Y (TTM)48%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%33.33%
Revenue 1Y (TTM)-9.35%
Revenue growth 3Y-26.13%
Revenue growth 5Y-1.07%
Sales Q2Q%-14.33%
3.2 Future
FOOD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.34% yearly.
FOOD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.70% yearly.
EPS Next Y9.52%
EPS Next 2Y19.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.5%
Revenue Next 2Y1.7%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FOOD reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year FOOD is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
FOOD's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FOOD indicates a somewhat cheap valuation: FOOD is cheaper than 63.16% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.49 | ||
| EV/EBITDA | 8.34 |
4.3 Compensation for Growth
A more expensive valuation may be justified as FOOD's earnings are expected to grow with 19.34% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y19.34%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for FOOD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:FOOD (2/21/2025, 7:00:00 PM)
0.395
-0.03 (-7.06%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners12.52%
Inst Owner ChangeN/A
Ins Owners1.77%
Ins Owner ChangeN/A
Market Cap30.81M
Analysts44
Price Target0.56 (41.77%)
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)2
Avg EPS beat(2)50.98%
Min EPS beat(2)1.96%
Max EPS beat(2)100%
EPS beat(4)4
Avg EPS beat(4)68.14%
Min EPS beat(4)1.96%
Max EPS beat(4)144.12%
EPS beat(8)7
Avg EPS beat(8)39.72%
EPS beat(12)7
Avg EPS beat(12)1.08%
EPS beat(16)9
Avg EPS beat(16)-19.72%
Revenue beat(2)1
Avg Revenue beat(2)-1.36%
Min Revenue beat(2)-5.85%
Max Revenue beat(2)3.14%
Revenue beat(4)1
Avg Revenue beat(4)-1.61%
Min Revenue beat(4)-5.85%
Max Revenue beat(4)3.14%
Revenue beat(8)3
Avg Revenue beat(8)-0.99%
Revenue beat(12)3
Avg Revenue beat(12)-3.34%
Revenue beat(16)6
Avg Revenue beat(16)-2.36%
PT rev (1m)-4.35%
PT rev (3m)-4.35%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
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)-3.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.2 | ||
| P/FCF | 4.49 | ||
| P/OCF | 4.11 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.34 |
EPS(TTM)-0.05
EYN/A
EPS(NY)-0.04
Fwd EYN/A
FCF(TTM)0.09
FCFY22.29%
OCF(TTM)0.1
OCFY24.32%
SpS1.96
BVpS-0.33
TBVpS-0.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.56% | ||
| ROE | N/A | ||
| ROCE | 3.19% | ||
| ROIC | 2.19% | ||
| ROICexc | 68.2% | ||
| ROICexgc | N/A | ||
| OM | 0.49% | ||
| PM (TTM) | N/A | ||
| GM | 41.21% | ||
| FCFM | 4.49% |
ROA(3y)-42.98%
ROA(5y)-28.78%
ROE(3y)N/A
ROE(5y)N/A
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 3Y10.41%
GM growth 5Y10.52%
F-Score6
Asset Turnover2.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 8.72 | ||
| Debt/EBITDA | 6.25 | ||
| Cap/Depr | 8.49% | ||
| Cap/Sales | 0.41% | ||
| Interest Coverage | 0.24 | ||
| Cash Conversion | 92.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.93 | ||
| Altman-Z | -2.66 |
F-Score6
WACC6.07%
ROIC/WACC0.36
Cap/Depr(3y)82.25%
Cap/Depr(5y)129.93%
Cap/Sales(3y)5.25%
Cap/Sales(5y)4.85%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)48%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%33.33%
EPS Next Y9.52%
EPS Next 2Y19.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-9.35%
Revenue growth 3Y-26.13%
Revenue growth 5Y-1.07%
Sales Q2Q%-14.33%
Revenue Next Year-2.5%
Revenue Next 2Y1.7%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y106.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year722.96%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y161.92%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y180.15%
OCF growth 3YN/A
OCF growth 5Y53.48%