Greenlane Renewables Inc.

TSX:GRN Stock Report

Market Cap: CA$14.7m

Greenlane Renewables Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 GRN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate GRN's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate GRN's fair value for valuation analysis.


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for GRN. This is calculated by dividing GRN's market cap by their current revenue.
What is GRN's PS Ratio?
PS Ratio0.2x
SalesCA$63.03m
Market CapCA$14.65m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for GRN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average15.5x
SRI Sparton Resources
10.3xn/aCA$7.6m
CTH CoTec Holdings
49.4xn/aCA$35.1m
SOU Southern Energy
0.8x47.2%CA$16.5m
VUX Vital Energy
1.3xn/aCA$20.3m
GRN Greenlane Renewables
0.2xn/aCA$14.7m

Price-To-Sales vs Peers: GRN is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (15.5x).


Price to Sales Ratio vs Industry

How does GRN's PS Ratio compare vs other companies in the CA Oil and Gas Industry?

18 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.2.0x1.9%
GRN Greenlane Renewables
0.2xn/aUS$10.49m
PKI Parkland
0.2x2.2%US$4.22b
SES Secure Energy Services
0.4x-56.0%US$2.82b
GRN 0.2xIndustry Avg. 2.0xNo. of Companies23PS0246810+
18 CompaniesEstimated GrowthMarket Cap
Industry Avg.2.0x4.8%
GRN Greenlane Renewables
0.2xn/aUS$10.49m
No more companies

Price-To-Sales vs Industry: GRN is good value based on its Price-To-Sales Ratio (0.2x) compared to the Canadian Oil and Gas industry average (2x).


Price to Sales Ratio vs Fair Ratio

What is GRN'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.

GRN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate GRN's Price-To-Sales Fair Ratio for valuation analysis.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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