Added to YB: 2025-08-05
Pitch date: 2025-08-01
ICE.TO [bullish]
Canlan Ice Sports Corp.
+8.17%
current return
Author Info
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Company Info
Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of recreation facilities in Canada and the United States.
Market Cap
CAD 56.5M
Pitch Price
CAD 3.85
Price Target
N/A
Dividend
2.83%
EV/EBITDA
5.92
P/E
20.47
EV/Sales
0.90
Sector
Hotels, Restaurants and Leisure
Category
value
Canlan Ice Sports Corp. (TSX: ICE) Ice cold cash flow and valuable real estate to boot
ICE.TO: Canlan owns & operates 19 NA sports facilities (75 surfaces), trading below book value at 6.5x P/E. Owns North America's largest hockey league (ASHL, 60K members). Key assets: Vancouver's Scotia Barn ($45M value) & Toronto's portfolio. Chicago portfolio bought in distressed sales. Also owns 5.75% of CatchCorner booking platform (ARR $50M). Strong financials w/ consistent growth & special dividend announced.
Read full article (13 min)