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Nova Cannabis Inc
TSX:NOVC

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Nova Cannabis Inc Logo
Nova Cannabis Inc
TSX:NOVC
Watchlist
Price: 1.36 CAD 1.49% Market Closed
Updated: Apr 29, 2024
Section:
 

Relative Value

The Relative Value of one NOVC stock under the Base Case scenario is 3.62 CAD. Compared to the current market price of 1.36 CAD, Nova Cannabis Inc is Undervalued by 62%.

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
3.62 CAD
Undervaluation 62%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.3
P/S
P/S
Price to Sales
0.3
vs History
48
vs Industry
63
Median 3Y
0.3
Median 5Y
0.3
Industry
0.6
Forward
0.3
More Details
25.7
P/E
P/E
Price to Earnings
25.7
vs History
7
vs Industry
18
Median 3Y
-4.9
Median 5Y
-4.9
Industry
16.4
Forward
5.3
More Details
6.6
P/OCF
P/OCF
Price to OCF
6.6
vs History
20
vs Industry
40
Median 3Y
-5.1
Median 5Y
-5.1
Industry
7.9
More Details
8.9
P/FCFE
P/FCFE
Price to FCFE
8.9
vs History
12
vs Industry
38
Median 3Y
-5.9
Median 5Y
-5.9
Industry
15.6
More Details
1.5
P/B
P/B
Price to Book Value
1.5
vs History
43
vs Industry
43
Median 3Y
1.2
Median 5Y
1.2
Industry
1.6
More Details
0.5
EV/S
EV/S
Enterprise Value to Sales
0.5
vs History
51
vs Industry
54
Median 3Y
0.5
Median 5Y
0.5
Industry
0.7
Forward
0.4
More Details
2
EV/GP
EV/GP
Enterprise Value to Gross Profit
2
vs History
66
vs Industry
48
Median 3Y
2.5
Median 5Y
2.5
Industry
2.2
More Details
5.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
5.6
vs History
61
vs Industry
49
Median 3Y
6.6
Median 5Y
6.6
Industry
8.3
Forward
4
More Details
11.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
11.8
vs History
30
vs Industry
35
Median 3Y
-13.7
Median 5Y
-13.7
Industry
12.7
Forward
6.4
More Details
10.5
EV/OCF
EV/OCF
Enterprise Value to OCF
10.5
vs History
30
vs Industry
30
Median 3Y
-10.7
Median 5Y
-10.7
Industry
9
More Details
13
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
13
vs History
23
vs Industry
31
Median 3Y
-7
Median 5Y
-7
Industry
12.5
More Details
1.2
EV/IC
EV/IC
Enterprise Value to IC
1.2
vs History
43
vs Industry
37
Median 3Y
1.1
Median 5Y
1.1
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
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Nova Cannabis Inc
TSX:NOVC
77.8m CAD 0.3 25.7 5.6 11.8
US
Tractor Supply Co
NASDAQ:TSCO
29.6B USD 2 26.7 16.5 20.9
CN
China Tourism Group Duty Free Corp Ltd
SSE:601888
157.9B CNY 2.4 28.2 20.3 20.3
US
Ulta Beauty Inc
NASDAQ:ULTA
19.6B USD 1.8 15.2 9.8 11.2
US
DICK'S Sporting Goods Inc
NYSE:DKS
16.7B USD 1.3 15.9 9.7 12.7
HK
Chow Tai Fook Jewellery Group Ltd
HKEX:1929
110.2B HKD 1.1 16.7 10.8 13.3
US
Bath & Body Works Inc
NYSE:BBWI
10.4B USD 1.4 11.8 8.8 10.6
US
Five Below Inc
NASDAQ:FIVE
8.3B USD 2.3 27.5 15.2 20.3
NL
Grandvision NV
OTC:GRRDF
8.2B USD 2 21.2 19.1 19.1
UK
JD Sports Fashion PLC
LSE:JD
6.2B GBP 0.6 31 4 6.4
CN
Pop Mart International Group Ltd
HKEX:9992
45.8B HKD 6.7 39.2 30.3 30.3

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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