Nova Cannabis Inc
TSX:NOVC
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%.
Valuation Backtest
Nova Cannabis Inc
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Fundamental Analysis
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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 |
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
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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.
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.
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
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.
Shareholder Return
NOVC Price
Nova Cannabis Inc
Average Annual Return | -31.53% |
Standard Deviation of Annual Returns | 40.26% |
Max Drawdown | -91% |
Market Capitalization | 101.2m CAD |
Shares Outstanding | 57 205 740 |
Percentage of Shares Shorted | 0.35% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
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
IPO
Employees
Officers
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%.