Nova Cannabis Inc
TSX:NOVC

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Nova Cannabis Inc
TSX:NOVC
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Price: 1.75 CAD Market Closed
Market Cap: 108.6m CAD
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Relative Value

The Relative Value of one NOVC stock under the Base Case scenario is 2.63 CAD. Compared to the current market price of 1.75 CAD, Nova Cannabis Inc is Undervalued by 34%.

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
2.63 CAD
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
34
vs Industry
66
Median 3Y
0.3
Median 5Y
0.3
Industry
0.6
Forward
0.4
vs History
0
vs Industry
22
Median 3Y
-3.7
Median 5Y
-4.4
Industry
16.8
Forward
24.5
vs History
13
vs Industry
52
Median 3Y
4
Median 5Y
3.7
Industry
7.8
vs History
0
vs Industry
43
Median 3Y
-3
Median 5Y
-4.4
Industry
15.3
vs History
32
vs Industry
44
Median 3Y
1.3
Median 5Y
1.4
Industry
1.6
vs History
34
vs Industry
57
Median 3Y
0.5
Median 5Y
0.5
Industry
0.7
Forward
0.5
vs History
43
vs Industry
50
Median 3Y
2.3
Median 5Y
2.3
Industry
2.3
vs History
41
vs Industry
53
Median 3Y
6.2
Median 5Y
6.6
Industry
8.6
Forward
7.5
vs History
21
vs Industry
43
Median 3Y
-10.6
Median 5Y
-10
Industry
13
Forward
11.7
vs History
23
vs Industry
43
Median 3Y
7.5
Median 5Y
7.2
Industry
8.9
vs History
17
vs Industry
41
Median 3Y
-4.1
Median 5Y
-5.1
Industry
12.2
vs History
34
vs Industry
38
Median 3Y
1.1
Median 5Y
1.2
Industry
1.1

Multiples Across Competitors

NOVC Competitors Multiples
Nova Cannabis Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Nova Cannabis Inc
TSX:NOVC
108.6m CAD 0.4 35.5 6.7 13.5
US
Tractor Supply Co
NASDAQ:TSCO
30.1B USD 2 27 16.6 21.4
CN
China Tourism Group Duty Free Corp Ltd
SSE:601888
151B CNY 2.4 24.6 17.2 17.2
US
Ulta Beauty Inc
NASDAQ:ULTA
18.1B USD 1.6 15 9.7 11.2
US
DICK'S Sporting Goods Inc
NYSE:DKS
15.9B USD 1.2 14 8.4 10.8
CN
Pop Mart International Group Ltd
HKEX:9992
96.2B HKD 11.1 58.5 32.7 44.5
HK
Chow Tai Fook Jewellery Group Ltd
HKEX:1929
71.7B HKD 0.7 11 7.8 9.7
NL
Grandvision NV
F:8GV
7.2B EUR 1.8 20.1 18.2 18.2
UK
JD Sports Fashion PLC
LSE:JD
6B GBP 0.6 18.8 3.4 5.6
JP
Sanrio Co Ltd
TSE:8136
1.1T JPY 10.2 48 31.3 33.2
US
Bath & Body Works Inc
NYSE:BBWI
7B USD 0.9 7.4 6.6 8

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