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Glass House Brands NEOE:GLAS.A.U Stock Report

Last Price

US$6.93

Market Cap

US$539.3m

7D

-11.0%

1Y

46.5%

Updated

25 Nov, 2024

Data

Company Financials +

Glass House Brands Inc.

NEOE:GLAS.A.U Stock Report

Market Cap: US$539.3m

GLAS.A.U Stock Overview

Operates as an integrated cannabis company in the United States. More details

GLAS.A.U fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Rewards

Trading at 90.7% below our estimate of its fair value

Revenue is forecast to grow 15.27% per year

Analysts in good agreement that stock price will rise by 62.5%

Risk Analysis

Earnings have declined by 33.7% per year over past 5 years

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year


Glass House Brands Inc. Competitors

Jamieson Wellness

TSX:JWEL

CA$1.5b

Ascend Wellness Holdings

CNSX:AAWH.U

US$85.8m

BioHarvest Sciences

CNSX:BHSC

CA$149.7m

Cannara Biotech

TSXV:LOVE

CA$61.2m

Price History & Performance

Summary of all time highs, changes and price drops for Glass House Brands
Historical stock prices
Current Share PriceUS$6.93
52 Week HighUS$10.45
52 Week LowUS$4.30
Beta0.32
11 Month Change-18.47%
3 Month Change-16.41%
1 Year Change46.51%
33 Year Change57.86%
5 Year Changen/a
Change since IPO-41.27%

Recent News & Updates

Recent updates

Shareholder Returns

GLAS.A.UCA Personal ProductsCA Market
7D-11.0%1.1%2.2%
1Y46.5%2.8%23.4%

Return vs Industry: GLAS.A.U exceeded the Canadian Personal Products industry which returned 2.8% over the past year.

Return vs Market: GLAS.A.U exceeded the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is GLAS.A.U's price volatile compared to industry and market?
GLAS.A.U volatility
GLAS.A.U Average Weekly Movement7.9%
Personal Products Industry Average Movement9.6%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market2.9%

Stable Share Price: GLAS.A.U has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: GLAS.A.U's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015388Kyle Kazanglasshousebrands.com

Glass House Brands Inc., together with its subsidiaries, operates as an integrated cannabis company in the United States. The company operates in three segments: Retail; Wholesale Biomass; and Cannabis-Related Consumer Packaged Goods. It cultivates, manufactures, and distributes cannabis bulk flowers and trims to wholesalers; and consumer packaged goods to third-party retail stores in California.

Glass House Brands Inc. Fundamentals Summary

How do Glass House Brands's earnings and revenue compare to its market cap?
GLAS.A.U fundamental statistics
Market capUS$539.27m
Earnings (TTM)-US$66.55m
Revenue (TTM)US$188.29m

2.9x

P/S Ratio

-8.1x

P/E Ratio

Is GLAS.A.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLAS.A.U income statement (TTM)
RevenueUS$188.29m
Cost of RevenueUS$95.63m
Gross ProfitUS$92.65m
Other ExpensesUS$159.21m
Earnings-US$66.55m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.87
Gross Margin49.21%
Net Profit Margin-35.35%
Debt/Equity Ratio39.9%

How did GLAS.A.U perform over the long term?

See historical performance and comparison