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Canlan Ice Sports (ICE) AI Stock Analysis
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Canlan Ice Sports
(TSX:ICE)
The score is led by improving financial performance (revenue growth and sustained profitability since 2022) but tempered by modest and volatile margins plus meaningful leverage. Technicals are mildly supportive with price above major moving averages and neutral momentum. Valuation is a positive contributor given a reasonable P/E and a very high dividend yield based on the provided data.
Canlan Ice Sports (ICE) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 56.68M
- Dividend Yield
- 14.45%
- Average Volume (3M)
- 2,311
- Price to Earnings (P/E)
- 14.5
- Beta (1Y)
- 0.14
- Revenue Growth
- 5.49%
- EPS Growth
- 7.16%
- Country
- Canada
- Employees
- 1,000
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Leisure
Canlan Ice Sports Business Overview & Revenue Model
Company Description
Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of recreation facilities in Canada and the United States. The company operates through six segments: Ice/Field Sales and Internal Programming, Food and Beverage, Sp...
How the Company Makes Money
Canlan Ice makes money primarily by monetizing access to, and usage of, its owned and operated sports facilities. Key revenue streams typically include: (1) Ice and facility rentals: charging hourly or contracted fees to hockey leagues, teams, school...
Canlan Ice Sports Financial Statement Overview
Summary
Fundamentals are improving with material revenue expansion and positive operating profit and net income from 2022 through TTM. However, profitability remains modest (TTM net margin ~4%) and margins have been volatile. Leverage is above average for the industry (TTM debt-to-equity ~1.24), and while cash flow is positive with reasonable earnings coverage (FCF ~69% of net income), TTM free cash flow has softened (~10% decline vs prior period).
Income Statement
68PositiveBalance Sheet
58NeutralCash Flow
63Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 102.83M | 100.03M | 94.03M | 86.15M | 73.73M | 40.39M |
| Gross Profit | 38.57M | 18.43M | 88.54M | 11.87M | 70.12M | 39.33M |
| EBITDA | 16.11M | 16.06M | 13.66M | 9.57M | 16.14M | 7.88M |
| Net Income | 4.03M | 3.86M | 2.80M | 435.00K | 4.73M | -1.09M |
Balance Sheet | ||||||
| Total Assets | 118.11M | 119.78M | 130.50M | 122.00M | 121.71M | 116.61M |
| Cash, Cash Equivalents and Short-Term Investments | 12.76M | 14.11M | 21.18M | 19.03M | 18.53M | 12.03M |
| Total Debt | 50.69M | 51.43M | 48.47M | 49.27M | 50.14M | 55.02M |
| Total Liabilities | 77.46M | 83.78M | 81.68M | 77.34M | 75.06M | 76.20M |
| Stockholders Equity | 40.65M | 36.00M | 48.82M | 44.66M | 46.65M | 40.42M |
Cash Flow | ||||||
| Free Cash Flow | 7.99M | 7.17M | 6.93M | 5.07M | 6.92M | 11.61M |
| Operating Cash Flow | 13.23M | 11.48M | 13.81M | 9.31M | 10.58M | 12.14M |
| Investing Cash Flow | -5.49M | -4.55M | -7.10M | -4.62M | -3.40M | 6.65M |
| Financing Cash Flow | -15.13M | -14.22M | -4.46M | -4.06M | -1.45M | -13.71M |
Canlan Ice Sports Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ICE, the sentiment is Positive. The current price of 4.36 is above the 20-day moving average (MA) of 4.32, above the 50-day MA of 4.29, and above the 200-day MA of 4.21, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 54.86 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ICE.
Canlan Ice Sports Peers Comparison
Overall Rating
TSE:TWC77Outperform
TSE:XTC74Outperform- TSE:ICE68Neutral
TSE:WFC61Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:TWC | 77Outperform | CAD 626.81M | 10.70 | 9.97% | 1.51% | 0.90% | 1.97% |
| TSE:XTC | 74Outperform | CAD 316.77M | 13.00 | 6.04% | 4.97% | 0.52% | 5.03% |
| TSE:ICE | 68Neutral | CAD 58.15M | 14.52 | 10.16% | 14.45% | 5.49% | 7.16% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| TSE:WFC | 61Neutral | CAD 726.59M | 19.52 | 18.20% | 4.38% | -6.50% | 18.98% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:ICE | Canlan Ice Sports | 4.36 | -0.00 | -0.05% | |
| TSE:XTC | Exco Technologies Limited | 8.45 | 2.24 | 36.05% | |
| TSE:AEG | Aegis Brands Inc. | 0.23 | -0.06 | -20.69% | |
| TSE:TWC | TWC Enterprises Ltd. | 26.00 | 3.83 | 17.30% | |
| TSE:WFC | Wall Financial | 22.82 | 8.16 | 55.64% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 17, 2026