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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Canlan Ice Sports's Enterprise Value is C$95.2 Mil.
Canlan Ice Sports's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was C$8.6 Mil. Therefore, Canlan Ice Sports's EV-to-EBIT ratio for today is 11.05.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Canlan Ice Sports's Enterprise Value is C$95.2 Mil.
Canlan Ice Sports's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was C$16.6 Mil. Therefore, Canlan Ice Sports's EV-to-EBITDA ratio for today is 5.73.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Canlan Ice Sports's Enterprise Value is C$95.2 Mil.
Canlan Ice Sports's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was C$101.4 Mil. Therefore, Canlan Ice Sports's EV-to-Revenue ratio for today is 0.94.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Canlan Ice Sports (TSX:ICE) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Canlan Ice Sports's current Enterprise Value is C$95.2 Mil.
Canlan Ice Sports's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$8.6 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Canlan Ice Sports's current Enterprise Value is C$95.2 Mil.
Canlan Ice Sports's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$16.6 Mil.
Canlan Ice Sports's current Enterprise Value is C$95.2 Mil.
Canlan Ice Sports's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$101.4 Mil.
Canlan Ice Sports's current Enterprise Value is C$95.2 Mil.
Canlan Ice Sports's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$12.9 Mil.
Canlan Ice Sports's current Enterprise Value is C$95.2 Mil.
Canlan Ice Sports's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$8.9 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Canlan Ice Sports Enterprise Value Related Terms
Canlan Ice Sports Enterprise Value Historical Data
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The historical data trend for Canlan Ice Sports's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSX:ICE vs AS, HAS, LTH: Enterprise Value Comparison
For the Leisure subindustry, Canlan Ice Sports's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Canlan Ice Sports Enterprise Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Canlan Ice Sports's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Canlan Ice Sports's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Canlan Ice Sports's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Canlan Ice Sports (TSX:ICE) has a Enterprise Value of C$95.2 Mil as of Jul. 14, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Canlan Ice Sports and its competitors.
Is Canlan Ice Sports' Enterprise Value too high?
Canlan Ice Sports' current Enterprise Value is C$95.2 Mil. Overall, Canlan Ice Sports has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canlan Ice Sports' Enterprise Value compare to AS and HAS?
Canlan Ice Sports' Enterprise Value of C$95.2 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Canlan Ice Sports and its competitors. Canlan Ice Sports's current Enterprise Value is C$95.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canlan Ice Sports stock overvalued right now?
Based on GuruFocus' analysis, Canlan Ice Sports (TSX:ICE) is currently considered Fairly Valued. The stock's GF Value™ is C$4.59, compared to a current price of C$4.36 — trading 5% below its estimated fair value. The current Enterprise Value is C$95.2 Mil. Canlan Ice Sports' overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Canlan Ice Sports (TSX:ICE), the current Enterprise Value is C$95.2 Mil as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canlan Ice Sports (TSX:ICE) Overvalued in 2026?
Based on GuruFocus' analysis, Canlan Ice Sports stock appears to be undervalued.
The current stock price of C$4.36 is trading 5% below its estimated GF Value™ of C$4.59.
GuruFocus considers Canlan Ice Sports to be Fairly Valued.
Key valuation signals for TSX:ICE:
Enterprise Value: C$95.2 Mil
GF Value™: C$4.59 vs. price of C$4.36 (5% below fair value)
No single metric tells the full story. See the TSX:ICE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment, which is an Ice rink and recreational facilities, that derives revenue from food and beverage, sports stores, sponsorship, Others, space rental, management, and consulting fees. Geographically, it generates the majority of its revenue from Canada.
72GF Score
Get the complete analysis for TSX:ICE
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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