Nova Cannabis Inc
TSX:NOVC

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Nova Cannabis Inc Logo
Nova Cannabis Inc
TSX:NOVC
Watchlist
Price: 1.75 CAD Market Closed
Market Cap: 108.6m CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one NOVC stock under the Base Case scenario is 3.19 CAD. Compared to the current market price of 1.75 CAD, Nova Cannabis Inc is Undervalued by 45%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NOVC Relative Value
Base Case
3.19 CAD
Undervaluation 45%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.4
P/S
P/S
Price to Sales
0.4
vs History
29
vs Industry
52
Median 3Y
0.3
Median 5Y
0.4
Industry
0.6
Forward
0.4
More Details
35.5
P/E
P/E
Price to Earnings
35.5
vs History
0
vs Industry
12
Median 3Y
16.8
Median 5Y
-3.5
Industry
17.2
Forward
24.5
More Details
7.3
P/OCF
P/OCF
Price to OCF
7.3
vs History
11
vs Industry
38
Median 3Y
5.1
Median 5Y
4.5
Industry
8.3
More Details
19.8
P/FCFE
P/FCFE
Price to FCFE
19.8
vs History
0
vs Industry
22
Median 3Y
8.3
Median 5Y
-2.6
Industry
17.5
More Details
1.9
P/B
P/B
Price to Book Value
1.9
vs History
27
vs Industry
34
Median 3Y
1.3
Median 5Y
1.9
Industry
1.7
More Details
0.6
EV/S
EV/S
Enterprise Value to Sales
0.6
vs History
29
vs Industry
47
Median 3Y
0.5
Median 5Y
0.6
Industry
0.7
Forward
0.5
More Details
2.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
2.3
vs History
37
vs Industry
39
Median 3Y
2.3
Median 5Y
2.3
Industry
2.3
More Details
6.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
6.7
vs History
35
vs Industry
42
Median 3Y
6.7
Median 5Y
6.7
Industry
8.4
Forward
7.5
More Details
13.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
13.5
vs History
18
vs Industry
30
Median 3Y
12.5
Median 5Y
9.9
Industry
12.9
Forward
11.7
More Details
10.2
EV/OCF
EV/OCF
Enterprise Value to OCF
10.2
vs History
20
vs Industry
31
Median 3Y
10.1
Median 5Y
8.6
Industry
9.7
More Details
12.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
12.9
vs History
14
vs Industry
32
Median 3Y
12.7
Median 5Y
-1.8
Industry
13.9
More Details
1.4
EV/IC
EV/IC
Enterprise Value to IC
1.4
vs History
29
vs Industry
29
Median 3Y
1.1
Median 5Y
1.4
Industry
1.1
More Details

Multiples Across Competitors

NOVC Competitors Multiples
Nova Cannabis Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Nova Cannabis Inc
TSX:NOVC
108.6m CAD 0.4 35.5 6.7 13.5
CN
Pop Mart International Group Ltd
HKEX:9992
329.3B HKD 23.1 96.2 57.7 69.6
US
Tractor Supply Co
NASDAQ:TSCO
31.5B USD 2.1 28.9 16.9 22.4
US
Ulta Beauty Inc
NASDAQ:ULTA
23.2B USD 2 19.4 12.4 14.5
CN
China Tourism Group Duty Free Corp Ltd
SSE:601888
140.8B CNY 2.6 36.1 22.8 22.8
HK
Chow Tai Fook Jewellery Group Ltd
HKEX:1929
137B HKD 1.5 23.2 13.9 17.3
US
DICK'S Sporting Goods Inc
NYSE:DKS
17.3B USD 1.3 15 9.3 11.8
JP
Sanrio Co Ltd
TSE:8136
1.4T JPY 9.7 33.6 24.4 25.5
NL
Grandvision NV
F:8GV
7.2B EUR 1.8 20.1 18.2 18.2
US
Five Below Inc
NASDAQ:FIVE
7.6B USD 1.9 29 13.6 20.7
US
Bath & Body Works Inc
NYSE:BBWI
6.7B USD 0.9 8.2 6.3 7.7

See Also

Summary
NOVC intrinsic value, competitors valuation, and company profile.
DCF Valuation
NOVC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NOVC stock valuation using valuation multiples.
Wall Street Estimates
NOVC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NOVC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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