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Grounded People Apparel, Inc.
(SHOE.X)
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Rating:41Neutral
Price Target:
C$0.12
▼(-4.17% Downside)
Action:Reiterated
Date:03/07/26
The score is driven primarily by very weak financial performance—minimal revenue, severe losses, persistent cash burn, and negative equity—indicating elevated funding and solvency risk. Technicals add a modestly negative tilt with bearish momentum and trading below major moving averages. Valuation provides little offset because the company is unprofitable (negative P/E) and offers no dividend yield.
Positive Factors
Low absolute debt burden
Total debt is modest (~$120k in 2025), which limits interest expense and near-term creditor pressure relative to the company's size. Over the next 2–6 months this lowers immediate financing outflows and gives management more scope to restructure operations or seek equity without large debt maturities forcing urgent repayment.
Negative Factors
Sustained negative operating cash flow
Operating cash flow around -$2.0M in 2025 shows persistent cash burn far exceeding revenue. This magnitude depletes liquidity quickly, forces repeated external financing, restricts reinvestment in operations and channels, and materially raises the probability of dilution or insolvency if cash generation isn't turned around within months.
Read all positive and negative factors
Positive Factors
Negative Factors
Low absolute debt burden
Total debt is modest (~$120k in 2025), which limits interest expense and near-term creditor pressure relative to the company's size. Over the next 2–6 months this lowers immediate financing outflows and gives management more scope to restructure operations or seek equity without large debt maturities forcing urgent repayment.
Read all positive factors
Grounded People Apparel, Inc. (SHOE.X) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.30M
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)-33.13
Revenue Growth-84.87%
EPS Growth67.19%
CountryCA
EmployeesN/A
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Footwear & Accessories
Share Statistics
EPS (TTM)N/A
Shares Outstanding31,975,240
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Grounded People Apparel, Inc. Business Overview & Revenue Model
Company Description
Grounded People Apparel Inc. designs, produces, and sells shoes in Canada. It offers high-top and low-cut canvas sneakers through stores and online. The company was formerly known as Grounded Clothing Inc. and changed its name to Grounded People A...
How the Company Makes Money
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Grounded People Apparel, Inc. Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
6
Very Negative
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| EBITDA |
| Net Income |
Balance Sheet |
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| Cash, Cash Equivalents and Short-Term Investments |
| Total Debt |
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Cash Flow |
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Grounded People Apparel, Inc. Technical Analysis
Positive
0.12
Price Trends
0.12
Negative
0.12
Positive
0.12
Negative
Market Momentum
<0.01
Positive
59.37
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SHOE.X, the sentiment is Positive. The current price of 0.12 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.12, and below the 200-day MA of 0.12, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 59.37 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SHOE.X.
Grounded People Apparel, Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | C$14.20B | 30.94 | 34.33% | ― | 37.45% | 92.29% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | C$159.53M | 70.83 | 1.70% | ― | 3.94% | ― | |
43 Neutral | C$1.03B | 18.63 | 10.37% | ― | 12.26% | 20.96% | |
41 Neutral | C$3.30M | -2.01 | 1626.57% | ― | -84.87% | 67.19% |
* Consumer Cyclical Sector Average
TSE:SHOE.X
Grounded People Apparel, Inc.
0.12
<0.01
9.09%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.