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Nova Cannabis Inc
TSX:NOVC

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Nova Cannabis Inc Logo
Nova Cannabis Inc
TSX:NOVC
Watchlist
Price: 1.77 CAD Market Closed
Updated: Mar 29, 2024

Intrinsic Value

Nova Cannabis, Inc. is a national cannabis retail company. [ Read More ]

The intrinsic value of one NOVC stock under the Base Case scenario is 4.62 CAD. Compared to the current market price of 1.77 CAD, Nova Cannabis Inc is Undervalued by 62%.

Key Points:
NOVC Intrinsic Value
Base Case
4.62 CAD
Undervaluation 62%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Nova Cannabis Inc

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Fundamental Analysis

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Provide an overview
of Nova Cannabis Inc's business.

What risks and challenges
does Nova Cannabis Inc face in the near future?

Summarize the latest earnings report
of Nova Cannabis Inc.

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for Nova Cannabis Inc and its competitors.

Financials

Balance Sheet Decomposition
Nova Cannabis Inc

Current Assets 31.3m
Cash & Short-Term Investments 10.9m
Receivables 4.4m
Other Current Assets 16m
Non-Current Assets 90.8m
PP&E 70.7m
Intangibles 19.3m
Other Non-Current Assets 800k
Current Liabilities 28m
Accounts Payable 8m
Short-Term Debt 14.4m
Other Current Liabilities 5.6m
Non-Current Liabilities 43.7m
Long-Term Debt 43.7m
Efficiency

Earnings Waterfall
Nova Cannabis Inc

Revenue
253.3m CAD
Cost of Revenue
-196.1m CAD
Gross Profit
57.3m CAD
Operating Expenses
-51.4m CAD
Operating Income
5.9m CAD
Other Expenses
-8.1m CAD
Net Income
-2.2m CAD

Free Cash Flow Analysis
Nova Cannabis Inc

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
Components
Chart
Table
What is Free Cash Flow?
Fundamental Scores

NOVC Profitability Score
Profitability Due Diligence

Nova Cannabis Inc's profitability score is 39/100. The higher the profitability score, the more profitable the company is.

Exceptional 3-Years Revenue Growth
Positive Gross Profit
Positive Revenue Growth Forecast
Positive 1-Year Revenue Growth
39/100
Profitability
Score

Nova Cannabis Inc's profitability score is 39/100. The higher the profitability score, the more profitable the company is.

NOVC Solvency Score
Solvency Due Diligence

Nova Cannabis Inc's solvency score is 46/100. The higher the solvency score, the more solvent the company is.

Long-Term Solvency
Short-Term Solvency
Average D/E
Average Altman Z-Score
46/100
Solvency
Score

Nova Cannabis Inc's solvency score is 46/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

NOVC Price Targets Summary
Nova Cannabis Inc

Wall Street analysts forecast NOVC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for NOVC is 3.7 CAD with a low forecast of 3.54 CAD and a high forecast of 3.94 CAD.

Lowest
Price Target
3.54 CAD
100% Upside
Average
Price Target
3.7 CAD
109% Upside
Highest
Price Target
3.94 CAD
122% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Shareholder Return

NOVC Price
Nova Cannabis Inc

1M 1M
+18%
6M 6M
+172%
1Y 1Y
+153%
3Y 3Y
-40%
5Y 5Y
-40%
10Y 10Y
-40%
Annual Price Range
1.77
52w Low
0.395
52w High
1.93
Price Metrics
Average Annual Return -31.53%
Standard Deviation of Annual Returns 40.26%
Max Drawdown -91%
Shares Statistics
Market Capitalization 101.2m CAD
Shares Outstanding 57 205 740
Percentage of Shares Shorted 0.35%

NOVC Return Decomposition
Main factors of price return

What is price return decomposition?

Company Profile

Nova Cannabis Inc Logo
Nova Cannabis Inc

Country

Canada

Industry

Retail

Market Cap

101.2m CAD

Dividend Yield

0%

Description

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.

Contact

ALBERTA
Edmonton
101, 17220 Stony Plain Road NW
+14034557651.0
https://www.novacannabis.ca/

IPO

2019-01-07

Employees

548

Officers

President, CEO & Director
Ms. Marcie Catherine Kiziak
CFO & Corporate Secretary
Mr. Cameron R. Sebastian CA
Vice President of Operations
Mr. Grant Sanderson

See Also

Discover More
What is the Intrinsic Value of one NOVC stock?

The intrinsic value of one NOVC stock under the Base Case scenario is 4.62 CAD.

Is NOVC stock undervalued or overvalued?

Compared to the current market price of 1.77 CAD, Nova Cannabis Inc is Undervalued by 62%.