GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Canopy Growth Corp (TSX:WEED) » Definitions » EV-to-FCF

Canopy Growth (TSX:WEED) EV-to-FCF : -4.37 (As of May. 04, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Canopy Growth EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Canopy Growth's Enterprise Value is C$1,777.2 Mil. Canopy Growth's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was C$-406.7 Mil. Therefore, Canopy Growth's EV-to-FCF for today is -4.37.

The historical rank and industry rank for Canopy Growth's EV-to-FCF or its related term are showing as below:

TSX:WEED' s EV-to-FCF Range Over the Past 10 Years
Min: -57.08   Med: -7.77   Max: 15
Current: -4.43

During the past 13 years, the highest EV-to-FCF of Canopy Growth was 15.00. The lowest was -57.08. And the median was -7.77.

TSX:WEED's EV-to-FCF is ranked worse than
100% of 511 companies
in the Drug Manufacturers industry
Industry Median: 22.95 vs TSX:WEED: -4.43

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-04), Canopy Growth's stock price is C$13.94. Canopy Growth's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-20.420. Therefore, Canopy Growth's PE Ratio for today is At Loss.


Canopy Growth EV-to-FCF Historical Data

The historical data trend for Canopy Growth's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canopy Growth EV-to-FCF Chart

Canopy Growth Annual Data
Trend Jul13 Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.95 -4.08 -23.46 -6.81 -3.28

Canopy Growth Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.76 -3.28 -1.54 -2.63 -2.63

Competitive Comparison of Canopy Growth's EV-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Canopy Growth's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canopy Growth's EV-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Canopy Growth's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Canopy Growth's EV-to-FCF falls into.



Canopy Growth EV-to-FCF Calculation

Canopy Growth's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1777.227/-406.657
=-4.37

Canopy Growth's current Enterprise Value is C$1,777.2 Mil.
Canopy Growth's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-406.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Canopy Growth  (TSX:WEED) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Canopy Growth's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=13.94/-20.420
=At Loss

Canopy Growth's share price for today is C$13.94.
Canopy Growth's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-20.420.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Canopy Growth EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Canopy Growth's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Canopy Growth (TSX:WEED) Business Description

Traded in Other Exchanges
Address
1 Hershey Drive, Smiths Falls, ON, CAN, K7A 0A8
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include sports drink BioSteel, skincare products under This Works, Martha Stewart CBD, and Storz & Bickel vaporizers. Canopy growth is attempting to merge its U.S. assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.

Canopy Growth (TSX:WEED) Headlines