CareRx Corporation

TSX:CRRX Stock Report

Market Cap: CA$122.3m

CareRx Valuation

Is CRRX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CRRX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CRRX (CA$2.04) is trading below our estimate of fair value (CA$5.16)

Significantly Below Fair Value: CRRX is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CRRX?

Key metric: As CRRX is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CRRX. This is calculated by dividing CRRX's market cap by their current revenue.
What is CRRX's PS Ratio?
PS Ratio0.3x
SalesCA$365.63m
Market CapCA$122.31m

Price to Sales Ratio vs Peers

How does CRRX's PS Ratio compare to its peers?

The above table shows the PS ratio for CRRX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average10.8x
NBLY Neighbourly Pharmacy
1x9.3%CA$840.4m
GCL Colabor Group
0.1x5.7%CA$94.9m
CRP Ceres Global Ag
0.07xn/aCA$93.4m
PCRX PharmaCorp Rx
42xn/aCA$58.6m
CRRX CareRx
0.3x3.2%CA$122.3m

Price-To-Sales vs Peers: CRRX is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (10.8x).

Price to Sales Ratio vs Industry

How does CRRX's PS Ratio compare vs other companies in the CA Consumer Retailing Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
CRP Ceres Global Ag
0.07xn/aUS$65.01m
LOCL Freshlocal Solutions
0.06xn/aUS$5.55m
TREE Trees
0.07xn/aUS$747.45k
MNOW Mednow
0.01xn/aUS$385.72k
CRRX 0.3xIndustry Avg. 0.4xNo. of Companies5PS00.40.81.21.62+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: CRRX is good value based on its Price-To-Sales Ratio (0.3x) compared to the North American Consumer Retailing industry average (0.4x).

Price to Sales Ratio vs Fair Ratio

What is CRRX's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CRRX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ratio0.2x

Price-To-Sales vs Fair Ratio: CRRX is expensive based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CRRX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$2.04
CA$3.48
+70.6%
18.1%CA$4.25CA$2.25n/a8
Dec ’25CA$1.89
CA$3.48
+84.2%
18.1%CA$4.25CA$2.25n/a8
Nov ’25CA$1.98
CA$3.84
+94.1%
18.9%CA$5.25CA$2.50n/a8
Oct ’25CA$2.02
CA$3.88
+91.8%
18.8%CA$5.25CA$2.50n/a8
Sep ’25CA$1.83
CA$3.88
+111.7%
18.8%CA$5.25CA$2.50n/a8
Aug ’25CA$2.31
CA$3.91
+69.1%
17.2%CA$5.25CA$2.75n/a8
Jul ’25CA$2.25
CA$3.88
+72.6%
17.4%CA$5.25CA$2.75n/a8
Jun ’25CA$2.16
CA$3.88
+79.4%
17.4%CA$5.25CA$2.75n/a8
May ’25CA$2.36
CA$3.66
+54.9%
20.2%CA$5.25CA$2.75n/a8
Apr ’25CA$2.05
CA$3.64
+77.7%
21.7%CA$5.25CA$2.75n/a7
Mar ’25CA$1.60
CA$3.83
+139.6%
18.7%CA$5.25CA$3.25n/a6
Feb ’25CA$1.50
CA$3.83
+155.6%
18.7%CA$5.25CA$3.25n/a6
Jan ’25CA$1.61
CA$3.75
+132.9%
19.8%CA$5.25CA$2.75n/a7
Dec ’24CA$1.35
CA$3.75
+177.8%
19.8%CA$5.25CA$2.75CA$1.897
Nov ’24CA$1.55
CA$4.16
+168.1%
14.7%CA$5.25CA$3.50CA$1.988
Oct ’24CA$1.76
CA$4.22
+139.9%
13.2%CA$5.25CA$3.50CA$2.029
Sep ’24CA$2.01
CA$4.22
+110.1%
13.2%CA$5.25CA$3.50CA$1.839
Aug ’24CA$2.18
CA$4.44
+103.9%
11.2%CA$5.25CA$3.75CA$2.319
Jul ’24CA$2.25
CA$4.68
+107.8%
16.1%CA$6.50CA$4.00CA$2.2510
Jun ’24CA$2.27
CA$4.68
+105.9%
16.1%CA$6.50CA$4.00CA$2.1610
May ’24CA$2.25
CA$4.93
+118.9%
14.2%CA$6.50CA$4.00CA$2.3610
Apr ’24CA$2.35
CA$5.18
+120.2%
17.7%CA$7.00CA$4.00CA$2.0510
Mar ’24CA$2.40
CA$5.86
+144.2%
13.4%CA$7.00CA$4.50CA$1.6010
Feb ’24CA$2.57
CA$5.86
+128.0%
13.4%CA$7.00CA$4.50CA$1.5010
Jan ’24CA$2.56
CA$5.82
+127.2%
13.6%CA$7.25CA$4.50CA$1.619
Dec ’23CA$2.50
CA$6.09
+143.8%
11.7%CA$7.25CA$5.00CA$1.359

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:32
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CareRx Corporation is covered by 15 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Doug CooperBeacon Securities Limited
David MartinBloom Burton & Co.
Prasath PanduranganBloom Burton & Co.