Financial Analysis for TRSTGoal is to determine intrinsic or real value of share price
Qualitiative
- License suspension indefinitely
- No release of financial statements since March
-Pot sector has been a nightmare this year--most companies losing 50% to 90% of stock price
-Fears of stock being delisted by TSX and NYSE
-high cash burn rate to pay for monthly operating expenses.
Quantitative
Market Cap---$156 million (lowest of all tier 1, Tier 2, Tier 3 pot stocks )
Price to Earnings ratio-- N/A -company has no earnings to report
Earnings per share (EPS)-= -(12) cents a share (TRST was losing money when last reported)
Price to sales ratio= 2.09 -P/S ratio is one of the lowest... Stock is fairly valued given the lack of sales.
Price to book value= ,82 (stock is some what undervalued--ideally you want 1 to 1 ratio)
https://www.barchart.com/stocks/quotes/TRST.TO