NOVC — Nova Cannabis Share Price
- CA$102.40m
- CA$155.27m
- CA$226.42m
- 75
- 53
- 90
- 84
Growth & Value
12m Forecast Rolling | Industry | Market | |
---|---|---|---|
PE Ratio (f) | 7.78 | ||
PEG Ratio (f) | 0.13 | ||
EPS Growth (f) | 142.11% | ||
Dividend Yield (f) | n/a |
Valuation (ttm) | Industry | Market | |
---|---|---|---|
Price to Book Value | 2.03 | ||
Price to Tang. Book | 3.29 | ||
Price to Free Cashflow | 18.09 | ||
Price to Sales | 0.4 | ||
EV to EBITDA | 11.33 |
Shareholder Activity
Type | Buy / Hold / Sell |
---|---|
Institutions | |
Directors | |
Community |
Guru Screens
Quality
Name | Industry | Market | |
---|---|---|---|
Return on Capital | 2.39% | ||
Return on Equity | -4.23% | ||
Operating Margin | 0.89% |
Financial Summary
Year End 31st Dec | Unit | 2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | CAGR / Avg |
---|---|---|---|---|---|---|---|---|---|
Total Revenue | CA$m | n/a | 8.54 | 63.31 | 134.36 | 226.42 | 261.27 | 286.3 | n/a |
Operating Profit | m | ||||||||
Net Profit | m | ||||||||
EPS Reported | |||||||||
Diluted Normalised EPS | |||||||||
EPS Growth | % | n/a | n/a | n/a | n/a | n/a | n/a | +142.11 | n/a |
PE Ratio | x | ||||||||
PEG | |||||||||
Profitability | |||||||||
Operating Margin | % | ||||||||
ROA | % | ||||||||
ROCE | % | ||||||||
ROE | % | ||||||||
Cashflow | |||||||||
Op. Cashflow ps | |||||||||
Capex ps | |||||||||
Free Cashflow ps | |||||||||
Dividends | |||||||||
Dividend ps | |||||||||
Dividend Growth | % | ||||||||
Dividend Yield | % | ||||||||
Dividend Cover | x | ||||||||
Balance Sheet | |||||||||
Cash etc | m | ||||||||
Working Capital | m | ||||||||
NFA | m | ||||||||
Net Debt | m | ||||||||
Book Value | m | ||||||||
Diluted Weighted Average Shares | m | ||||||||
Book Value ps |
Other Ratios
Leverage (ttm) | Total | - Intang | + Pension |
---|---|---|---|
Gross Gearing | |||
Net Gearing | |||
Cash / Assets |
Liquidity (ttm) | |
---|---|
Curr. Ratio | |
Quick Ratio | |
Interest Cov. |
Efficiency (ttm) | |
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Asset Turnover | |
Recs Turnover | |
Stock Turnover |
Recent History
Latest interim period vs. prior period | Industry | Market | |
---|---|---|---|
Sales Growth | |||
EPS Growth |
3yr Compound Annual Growth Rate | Industry | Market | |
---|---|---|---|
Sales CAGR | |||
EPS CAGR | |||
DPS CAGR |
Profile Summary
Nova Cannabis Inc. is a Canada-based cannabis retailer. The Company’s principal activity is the operation of retail cannabis stores in Canada. It is focused on disrupting the cannabis retail market by offering a wide range of high-quality cannabis products. The Company operates under the brand name Value Buds and Firesale Cannabis for its cannabis retail locations in Alberta and Ontario, and under the brand name Sweet Tree Cannabis Co. for its retail location in Saskatchewan. The Company owns and/or operates approximately 92 locations across Alberta, Ontario, and Saskatchewan, primarily under its Value Buds banner. Its Value Buds banner offers discount prices on a wide selection of cannabis products from value to premium. Value Buds is a high-value recreational cannabis brand.
Directors
- James Burns CHM (66)
- Darren Karasiuk PRE (48)
- Thomas Bitove LED (66)
- Ross Sinclair DRC (61)
- Ron Hozjan IND (53)
- Marvin Singer IND
- Last Annual
- December 31st, 2022
- Last Interim
- September 30th, 2023
- Incorporated
- January 4th, 2019
- Public Since
- January 7th, 2019
- No. of Employees
- 679
- Sector
- Food & Drug Retailing
- Industry
- Consumer Defensives
- Exchange
- Toronto Stock Exchange
- Shares in Issue
- 57,205,740
- Address
- 101, 17220 Stony Plain Road NW, EDMONTON, T5S 1K6
- Web
- https://www.novacannabis.ca/
- Phone
- +1 4039485227
- Auditors
- PricewaterhouseCoopers LLP
Upcoming Events for NOVC
Q4 2023 Nova Cannabis Inc Earnings Call
Nova Cannabis Inc Annual Shareholders Meeting
Q1 2024 Nova Cannabis Inc Earnings Release
Q2 2024 Nova Cannabis Inc Earnings Release
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FAQ
As of Today at 18:15 UTC, shares in Nova Cannabis are trading at CA$1.79. This share price information is delayed by 15 minutes.
Shares in Nova Cannabis last closed at CA$1.79 and the price had moved by +135.53% over the past 365 days. In terms of relative price strength the Nova Cannabis share price has outperformed the Toronto Stock Exchange 300 Composite Index by +108.93% over the past year.
The overall consensus recommendation for Nova Cannabis is Buy. You can view the full broker recommendation list by unlocking its StockReport.
Nova Cannabis does not currently pay a dividend.
Nova Cannabis does not currently pay a dividend.
Nova Cannabis does not currently pay a dividend.
To buy shares in Nova Cannabis you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of CA$1.79, shares in Nova Cannabis had a market capitalisation of CA$102.40m.
Here are the trading details for Nova Cannabis:
- Country of listing: Canada
- Exchange: TOR
- Ticker Symbol: NOVC
Based on an overall assessment of its quality, value and momentum Nova Cannabis is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Nova Cannabis is CA$3.63. That is 102.79% above the last closing price of CA$1.79.
Analysts covering Nova Cannabis currently have a consensus Earnings Per Share (EPS) forecast of CA$0.10 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Nova Cannabis. Over the past six months, its share price has outperformed the Toronto Stock Exchange 300 Composite Index by +144.28%.
As of the last closing price of CA$1.79, shares in Nova Cannabis were trading +108.28% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Nova Cannabis PE ratio based on its reported earnings over the past 12 months is 7.78. The shares last closed at CA$1.79.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Nova Cannabis' management team is headed by:
- James Burns - CHM
- Darren Karasiuk - PRE
- Thomas Bitove - LED
- Ross Sinclair - DRC
- Ron Hozjan - IND
- Marvin Singer - IND