| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
CAN Overview
Cann Group Limited operates in the medical cannabis industry in Australia.
Share Price & News
How has Cann Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CAN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: CAN's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
-1.8%
CAN
-1.9%
AU Pharmaceuticals
-2.7%
AU Market
1 Year Return
-32.9%
CAN
-4.9%
AU Pharmaceuticals
26.0%
AU Market
Return vs Industry: CAN underperformed the Australian Pharmaceuticals industry which returned -3.2% over the past year.
Return vs Market: CAN underperformed the Australian Market which returned 28.8% over the past year.
Shareholder returns
| CAN | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | -1.9% | -2.7% |
| 30 Day | -5.2% | 7.6% | -2.5% |
| 90 Day | -28.6% | 3.3% | -0.7% |
| 1 Year | -32.9%-32.9% | -4.8%-4.9% | 31.3%26.0% |
| 3 Year | -90.1%-90.1% | -45.8%-46.0% | 33.0%16.7% |
| 5 Year | n/a | -48.2%-49.2% | 62.6%30.4% |
Long-Term Price Volatility Vs. Market
How volatile is Cann Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Cann Group Limited's (ASX:CAN) Shift From Loss To Profit5 months ago | Simply Wall St
Would Shareholders Who Purchased Cann Group's (ASX:CAN) Stock Three Years Be Happy With The Share price Today?6 months ago | Simply Wall St
Here's Why We're Not Too Worried About Cann Group's (ASX:CAN) Cash Burn SituationCann Group Fundamentals Summary
| CAN fundamental statistics | |
|---|---|
| Market Cap | AU$87.24m |
| Earnings (TTM) | -AU$25.10m |
| Revenue (TTM) | AU$8.53m |
10.2x
P/S Ratio-3.5x
P/E RatioIs CAN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CAN income statement (TTM) | |
|---|---|
| Revenue | AU$8.53m |
| Cost of Revenue | AU$48.00k |
| Gross Profit | AU$8.48m |
| Expenses | AU$33.58m |
| Earnings | -AU$25.10m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.098 |
| Gross Margin | 99.44% |
| Net Profit Margin | -294.39% |
| Debt/Equity Ratio | 0% |
How did CAN perform over the long term?
See historical performance and comparisonValuation
Is Cann Group undervalued compared to its fair value and its price relative to the market?
0.95x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CAN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CAN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CAN is unprofitable, so we can't compare its PE Ratio to the Oceanic Pharmaceuticals industry average.
PE vs Market: CAN is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CAN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CAN is good value based on its PB Ratio (0.9x) compared to the AU Pharmaceuticals industry average (3.1x).
Future Growth
How is Cann Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
65.0%
Forecasted Pharmaceuticals & Biotech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cann Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Cann Group performed over the past 5 years?
-45.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAN is currently unprofitable.
Growing Profit Margin: CAN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CAN is unprofitable, and losses have increased over the past 5 years at a rate of 45.5% per year.
Accelerating Growth: Unable to compare CAN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CAN is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (16.5%).
Return on Equity
High ROE: CAN has a negative Return on Equity (-27.32%), as it is currently unprofitable.
Financial Health
How is Cann Group's financial position?
Financial Position Analysis
Short Term Liabilities: CAN's short term assets (A$22.1M) exceed its short term liabilities (A$9.6M).
Long Term Liabilities: CAN's short term assets (A$22.1M) exceed its long term liabilities (A$271.0K).
Debt to Equity History and Analysis
Debt Level: CAN is debt free.
Reducing Debt: CAN has no debt compared to 5 years ago when its debt to equity ratio was 0%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CAN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CAN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.1% each year
Dividend
What is Cann Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CAN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CAN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CAN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CAN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Peter Crock
5.33yrs
Tenure
AU$364,969
Compensation
Mr. Peter Crock, B.Ag.Sci (Hons), MBA has been Chief Executive Officer at Cann Group Limited since May 23, 2016. Mr. Crock is an experienced public company senior manager with strong skills in marketing an...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD265.43K) is about average for companies of similar size in the Australian market ($USD276.85K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CAN's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: CAN's board of directors are considered experienced (3.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CAN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.7%.
Top Shareholders
Company Information
Cann Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cann Group Limited
- Ticker: CAN
- Exchange: ASX
- Founded: 2014
- Industry: Pharmaceuticals
- Sector: Pharmaceuticals & Biotech
- Market Cap: AU$87.239m
- Shares outstanding: 317.23m
- Website: https://www.canngrouplimited.com
Location
- Cann Group Limited
- 4 Research Avenue
- Bundoora
- Victoria
- 3083
- Australia
Listings
Biography
Cann Group Limited operates in the medical cannabis industry in Australia. It licenses to undertake research and to cultivate cannabis for human medicinal and research purposes. The company was founded in...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/20 15:32 |
| End of Day Share Price | 2021/09/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.