Mene Inc Class B (TSE:MENE)
:MENE
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Mene
(MENE)
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Rating:57Neutral
Price Target:
C$0.19
▲(27.33% Upside)
Action:ReiteratedDate:04/24/26
The score is driven primarily by improving financial performance (profitability returning and leverage now very low), offset by a history of volatile earnings/cash flow and a relatively high P/E with no dividend support. Technical indicators are mixed to neutral and do not materially strengthen the case.
Positive Factors
Revenue rebound & profitability
A material revenue rebound and return to profit in 2025 implies regained product-market fit and that fixed costs are being covered by higher sales. Over 2–6 months this supports sustainable operating leverage, better planning, and the ability to invest in growth if margins hold.
Negative Factors
Earnings & cash flow volatility
Repeated historical swings in operating and free cash flow reduce confidence that 2025 improvements are durable. Volatility undermines forecasting, increases financing risk during downturns, and can force reactive capital allocation, limiting consistent reinvestment and strategic execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue rebound & profitability
A material revenue rebound and return to profit in 2025 implies regained product-market fit and that fixed costs are being covered by higher sales. Over 2–6 months this supports sustainable operating leverage, better planning, and the ability to invest in growth if margins hold.
Read all positive factors
Mene (MENE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$48.24M
Dividend YieldN/A
Average Volume (3M)20.20K
Price to Earnings (P/E)37.2
Beta (1Y)0.39
Revenue Growth10.84%
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorConsumer Cyclical
Sector Strength84
IndustryLuxury Goods
Share Statistics
EPS (TTM)N/A
Shares Outstanding150,418,170
10 Day Avg. Volume23,377
30 Day Avg. Volume20,200
Financial Highlights & Ratios
PEG Ratio-0.18
Price to Book (P/B)2.05
Price to Sales (P/S)1.37
P/FCF Ratio12.04
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
Mene Business Overview & Revenue Model
Company Description
Mene Inc. designs, manufactures, and markets 24 karat gold and platinum jewelry in the United States, Canada, Europe, and internationally. It offers charms, chains, bands, earrings, pendants, rings, bracelets, gifts, and medallions under the Mene ...
Mene Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
74
Positive
Cash Flow
58
Neutral
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 28.60M | 25.80M | 23.29M | 26.91M | 26.77M |
| Gross Profit | 8.58M | 7.47M | 5.83M | 6.64M | 6.52M |
| EBITDA | 1.36M | -382.00K | -1.40M | -769.00K | 332.79K |
| Net Income | 1.05M | -994.00K | -1.99M | -1.46M | -32.64K |
Balance Sheet | |||||
| Total Assets | 22.20M | 21.05M | 18.22M | 31.71M | 29.69M |
| Cash, Cash Equivalents and Short-Term Investments | 10.53M | 7.57M | 8.26M | 13.27M | 8.91M |
| Total Debt | 573.87K | 725.30K | 768.24K | 12.35M | 10.42M |
| Total Liabilities | 3.14M | 3.28M | 2.24M | 14.25M | 12.07M |
| Stockholders Equity | 19.06M | 17.77M | 15.98M | 17.47M | 17.62M |
Cash Flow | |||||
| Free Cash Flow | 3.25M | -612.41K | -868.22K | 3.97M | -1.05M |
| Operating Cash Flow | 3.30M | -491.58K | -854.62K | 4.70M | -1.02M |
| Investing Cash Flow | -54.81K | -120.83K | 11.70M | -11.51M | 3.97M |
| Financing Cash Flow | -156.36K | -148.60K | -3.73M | 13.98K | -4.69M |
Mene Technical Analysis
Positive
0.15
Price Trends
0.19
Positive
0.18
Positive
0.18
Positive
Market Momentum
>-0.01
Positive
49.65
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MENE, the sentiment is Positive. The current price of 0.15 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.19, and below the 200-day MA of 0.18, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.65 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:MENE.
Mene Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | C$16.61B | 23.21 | 29.12% | ― | 35.08% | 157.15% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | C$1.55B | 3.20 | 4.23% | ― | 10.15% | -70.64% | |
57 Neutral | C$48.24M | 37.18 | -8.97% | ― | 10.84% | ― | |
52 Neutral | C$338.60M | 22.10 | 4.61% | ― | 6.93% | -64.82% |
* Consumer Cyclical Sector Average
TSE:MENE
Mene
0.19
0.05
40.74%
TSE:CKI
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25.51
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191.09%
TSE:MNLX
Miniluxe Holding Corp.
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TSE:LULU
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6.42
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-30.44%
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.