Canlan Ice Sports (ICE) AI Stock Analysis

• Market Cap: C$53.61M
• Dividend Yield: 26.67%
• Average Volume (3M): 1.91K
• Price to Earnings (P/E): 14.3
• Beta (1Y): 0.06
• Revenue Growth: 6.53%
• EPS Growth: 714.72%
• Country: CA
• Employees: 1,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): 0.17
• Shares Outstanding: 13,336,999
• 10 Day Avg. Volume: 3,240
• 30 Day Avg. Volume: 1,909
• PEG Ratio: 0.38
• Price to Book (P/B): 1.54
• Price to Sales (P/S): 0.55
• P/FCF Ratio: 7.72
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: C$4.50 ▲(8.43% Upside)
• Action: Downgraded Date: 03/26/26
• Date: Action: Downgraded 03/26/26

The score is driven primarily by improved financial performance and durable free-cash-flow generation, partially offset by rising leverage and earnings volatility. Valuation is a relative positive due to the moderate P/E and very high dividend yield, while technical signals point to weaker near-term momentum.

Positive Factors

Post‑pandemic revenue and profit recovery

Sustained revenue growth and a return to operating profit after the pandemic indicate structural demand for facility bookings and programs. This recovery supports more predictable cash flows and strengthens the company’s ability to invest in maintenance and program expansion over the next several quarters.

Negative Factors

Moderate-to-elevated leverage

Debt roughly equal to or above equity and a rising debt-to-equity ratio reduce financial flexibility and amplify earnings sensitivity. Higher leverage constrains investment options, raises refinancing risk, and makes profitability swings more consequential over the medium term.

Canlan Ice Sports Business Overview & Revenue Model

Company Description

Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of multi-purpose recreation and entertainment facilities in North America. The company operates through six segments: Ice/Field Sales and Internal Programming, R...

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Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of multi-purpose recreation and entertainment facilities in North America. The company operates through six segments: Ice/Field Sales and Internal Programming, R...

How the Company Makes Money

Canlan Ice Sports generates revenue primarily by monetizing capacity in its owned and operated recreation facilities. Key revenue streams include: (1) Ice and facility rentals: fees charged for booked ice time and other facility space rentals to h...

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Canlan Ice Sports generates revenue primarily by monetizing capacity in its owned and operated recreation facilities. Key revenue streams include: (1) Ice and facility rentals: fees charged for booked ice time and other facility space rentals to h...

Canlan Ice Sports Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	100.03M	94.03M	86.15M	73.73M	40.39M
Gross Profit	18.43M	88.54M	11.87M	70.12M	39.33M
EBITDA	15.65M	13.66M	9.57M	16.14M	7.88M
Net Income	3.86M	2.80M	435.00K	4.73M	-1.09M
Balance Sheet
Total Assets	119.78M	130.50M	122.00M	121.71M	116.61M
Cash, Cash Equivalents and Short-Term Investments	14.11M	21.18M	19.03M	18.53M	12.03M
Total Debt	51.43M	48.47M	49.27M	50.14M	55.02M
Total Liabilities	83.78M	81.68M	77.34M	75.06M	76.20M
Stockholders Equity	36.00M	48.82M	44.66M	46.65M	40.42M
Cash Flow
Free Cash Flow	7.17M	6.93M	5.07M	6.92M	11.61M
Operating Cash Flow	11.48M	13.81M	9.31M	10.58M	12.14M
Investing Cash Flow	-4.55M	-7.10M	-4.62M	-3.40M	6.65M
Financing Cash Flow	-14.22M	-4.46M	-4.06M	-1.45M	-13.71M

Canlan Ice Sports Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 4.15 is above the 20-day moving average (MA) of 4.10, below the 50-day MA of 4.17, and above the 200-day MA of 3.92, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 51.87 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GH	75 Outperform	C$277.11M	11.24	18.49%	5.06%	1.01%	6.68%
XTC	69 Neutral	C$268.07M	13.48	6.05%	6.21%	-3.53%	-17.19%
TWC	68 Neutral	C$547.02M	10.65	9.61%	1.50%	-12.81%	-31.89%
WFC	66 Neutral	C$523.53M	10.56	17.19%	―	-4.02%	34.29%
ICE	63 Neutral	C$53.61M	14.34	9.11%	26.67%	6.53%	714.72%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Canlan Ice Sports Corporate Events