Nova Cannabis Inc
TSX:NOVC
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (13.5), the stock would be worth CA$1.75 (0% downside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 13.5 | CA$1.75 |
0%
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| 3-Year Average | 13.5 | CA$1.75 |
0%
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| 5-Year Average | 12.4 | CA$1.6 |
-9%
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| Industry Average | 16.6 | CA$2.15 |
+23%
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| Country Average | 14.5 | CA$1.87 |
+7%
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Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
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CA$151.6m
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/ |
Jul 2024
CA$11.2m
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= |
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CA$151.6m
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/ |
Dec 2024
CA$13m
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= |
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CA$151.6m
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/ |
Dec 2025
CA$22.4m
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= |
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Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Nova Cannabis Inc
TSX:NOVC
|
108.6m CAD | 13.5 | 35.5 | |
| JP |
|
Paris Miki Holdings Inc
TSE:7455
|
58T JPY | 11.2 | 27.7 | |
| CN |
|
Pop Mart International Group Ltd
HKEX:9992
|
215.1B HKD | 10.1 | 14.5 | |
| US |
|
Ulta Beauty Inc
NASDAQ:ULTA
|
24.9B USD | 15.8 | 21.6 | |
| US |
|
Tractor Supply Co
NASDAQ:TSCO
|
20.1B USD | 14.7 | 18.4 | |
| US |
|
DICK'S Sporting Goods Inc
NYSE:DKS
|
19.9B USD | 16.1 | 23.5 | |
| CN |
|
China Tourism Group Duty Free Corp Ltd
SSE:601888
|
137.8B CNY | 22 | 38.2 | |
| HK |
|
Chow Tai Fook Jewellery Group Ltd
HKEX:1929
|
111.6B HKD | 14.7 | 18.2 | |
| US |
|
Five Below Inc
NASDAQ:FIVE
|
13.2B USD | 26.8 | 36.7 | |
| NL |
G
|
Grandvision NV
F:8GV
|
7.2B EUR | 18.2 | 20.1 | |
| JP |
|
Sanrio Co Ltd
TSE:8136
|
1.2T JPY | 15 | 23.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 10.6 |
| Median | 14.5 |
| 70th Percentile | 20.6 |
| Max | 3 794.4 |
Other Multiples
Nova Cannabis Inc
Glance View
Nova Cannabis, Inc. is a national cannabis retail company. The company is headquartered in Edmonton, Alberta and currently employs 548 full-time employees. The company went IPO on 2019-01-07. The firm is focused on offering a range of cannabis products. The firm owns and operates 78 locations across Alberta, Ontario, and Saskatchewan, primarily under its Value Buds banner. The firm operates approximately 11 Value Buds stores, over six in Ontario and approximately five in Albert locations.
