Canlan Ice Sports Corp.ICE.TO

$4.60+0.00 (+0.00%)
TSXConsumer Cyclical24:00 UTC

Company snapshot

Market Cap
$61M
Micro-cap
+17%
2016 — today
10-Year Price
+17%
2016 — today
52-Week Range
$3.84$4.95
Current $4.60· 68%

Canlan Ice Sports Corp. specializes in the ownership, development, leasing, and management of diverse recreational and entertainment complexes across North America. Its business operations are structured into six main divisions: offering ice and field time, including internal programming like leagues, tournaments, lessons, and youth camps; running restaurant and concession services; operating retail outlets for sports equipment and apparel (such as hockey, skating, and soccer gear); providing sponsorship and advertising opportunities; renting out indoor and outdoor spaces to external parties; and managing recreational facilities on behalf of third-party owners. As of December 31, 2021, the company's extensive portfolio included 18 facilities (either owned, leased, or managed) spanning Canada and the United States. These venues collectively featured 49 ice rinks, 7 indoor artificial turf fields, and 24 courts for various hard court sports and outdoor beach volleyball. Established in 1956, the company initially operated as Canlan Investment Corporation before adopting its current name, Canlan Ice Sports Corp., in 1999. Headquartered in Burnaby, Canada, it functions as a subsidiary of Bartrac Investments Ltd.

Valuation in context

P/E ratio
15.0
Above average
Pricier than usual over the last 10 years
P/B ratio
1.5
Near historic high
Near historic highs — last 10 years
EV / EBITDA
6.1
Below average
Below the 10-year average
Dividend Yield
24.4%
Near historic high
Near historic highs — last 10 years
FCF Yield
14.5%
Historically high
Historically high relative to the last 10 years
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