TWC Enterprises (TWC) AI Stock Analysis

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TWC Enterprises

(TSX:TWC)

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Rating:77Outperform

Price Target:CAD 31.00▲(19.23% Upside)

Action:reiterated

Date:08/11/26

The score is driven primarily by strong financial resilience (very low leverage and solid profitability), supported by a constructive technical uptrend and a reasonable valuation (moderate P/E with a modest dividend). The main constraint on the score is softer recent operating momentum, including slightly negative TTM revenue growth and compressed operating margins.

Positive Factors

Conservative Balance SheetExtremely low leverage and steady equity growth give the company durable financial flexibility. Over 2–6 months this supports capital spending, course upkeep and event investments without needing external financing, reducing refinancing and solvency risk through cyclical troughs.

Negative Factors

Softening Revenue TrendA declining top line over the trailing year signals weakening demand or utilization at clubs. Persistent revenue contraction reduces operating leverage and free cash flow headroom, making it harder to fund maintenance, marketing or strategic initiatives without margin or pricing changes.

TWC Enterprises (TWC) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 627.29M
Dividend Yield: 1.51%
Average Volume (3M): 1,064
Price to Earnings (P/E): 10.7
Beta (1Y): 0.42
Revenue Growth: 0.90%
EPS Growth: 1.97%
Country: Canada
Employees: 500
Sector: Consumer Cyclical
Sector Strength: 61
Industry: Leisure

TWC Enterprises Business Overview & Revenue Model

Company Description

Headquartered in King City, Canada, TWC Enterprises Limited specializes in the ownership, management, and operation of golf clubs. These clubs, found throughout Canada and the United States, operate under the ClubLink One Membership More Golf brand....

How the Company Makes Money

TWC primarily generates revenue from operating its golf club properties. Key revenue streams include: (1) Membership-related revenue: initiation fees (where applicable) and recurring membership dues from private and semi-private clubs, which provide...

TWC Enterprises Financial Statement Overview

Summary

Strong financial stability anchored by a conservatively levered balance sheet (very low debt-to-equity) and solid net profitability. Offsetting this, recent operating momentum has softened with slightly negative TTM revenue growth and a lower TTM operating margin versus prior years, while cash flow remains positive but somewhat uneven versus earnings.

Income Statement

74Positive

Balance Sheet

90Very Positive

Cash Flow

71Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	217.07M	232.38M	246.10M	230.47M	190.81M	178.42M
Gross Profit	114.65M	90.56M	158.70M	150.68M	155.73M	135.54M
EBITDA	29.04M	40.85M	69.00M	47.87M	53.32M	136.57M
Net Income	60.90M	55.63M	40.84M	22.04M	18.67M	89.94M
Balance Sheet
Total Assets	781.79M	722.54M	707.02M	702.08M	727.34M	746.81M
Cash, Cash Equivalents and Short-Term Investments	198.30M	162.99M	158.82M	157.18M	44.15M	204.49M
Total Debt	17.68M	32.84M	28.66M	64.71M	86.60M	119.59M
Total Liabilities	145.43M	109.59M	131.59M	164.49M	203.29M	243.42M
Stockholders Equity	630.68M	607.38M	567.97M	529.88M	515.46M	494.70M
Cash Flow
Free Cash Flow	44.18M	35.81M	62.61M	23.01M	-1.07M	56.90M
Operating Cash Flow	62.65M	55.07M	79.77M	37.98M	12.03M	67.73M
Investing Cash Flow	-26.70M	-72.67M	-16.93M	-9.36M	-22.14M	629.00K
Financing Cash Flow	-18.79M	9.79M	-64.95M	-18.36M	-40.94M	-33.90M

TWC Enterprises Technical Analysis

Technical Analysis SentimentNegative

Last Price26.00

Price Trends

50DMA27.42Negative

100DMA27.24Negative

200DMA25.36Positive

Market Momentum

MACD-0.33Positive

RSI37.06Neutral

STOCH62.38Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TWC, the sentiment is Negative. The current price of 26.00 is below the 20-day moving average (MA) of 26.58, below the 50-day MA of 27.42, and above the 200-day MA of 25.36, indicating a neutral trend. The MACD of -0.33 indicates Positive momentum. The RSI at 37.06 is Neutral, neither overbought nor oversold. The STOCH value of 62.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TWC.

TWC Enterprises Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

TSE:TWC against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSE:PZA	81Outperform	CAD 352.58M	11.46	10.09%	8.34%	-0.69%	-2.98%
TSE:TWC	77Outperform	CAD 626.81M	10.70	9.97%	1.51%	0.90%	1.97%
TSE:QSP.UN	73Outperform	CAD 48.17B	16.76	39.56%	3.38%	4.80%	51.81%
TSE:AW	71Outperform	CAD 866.46M	15.28	25.64%	5.30%	2.77%	101.33%
TSE:MTY	68Neutral	CAD 741.43M	6.79	12.54%	4.44%	-3.60%	234.75%
Sector *	61Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
TSE:FOOD	39Underperform	CAD 2.99M	-0.22	41.50%	―	-25.68%	-47.57%

* Consumer Cyclical Sector Average

Performance Comparison

TSE:TWC and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:TWC	TWC Enterprises Ltd.	26.00	3.83	17.30%
TSE:PZA	Pizza Pizza Royalty	10.43	-4.03	-27.85%
TSE:QSP.UN	Restaurant BrndLP	105.67	15.64	17.37%
TSE:MTY	Mty Food Group	32.46	-0.36	-1.10%
TSE:FOOD	Goodfood Market	0.03	-0.25	-89.29%
TSE:AW	A & W Food Services of Canada Inc.	36.22	1.69	4.89%

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.

Date of analysis: Aug 11, 2026

TWC Enterprises AI Stock Analysis