Avant Brands Valuation

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

AVNT (CA$0.58) is trading above our estimate of [[fair value]] (CA$0.14)

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

Below Fair Value: AVNT (CA$0.58) is trading above our estimate of fair value (CA$0.14)

Significantly Below Fair Value: AVNT is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for AVNT. This is calculated by dividing AVNT's market cap by their current revenue.
What is AVNT's PS Ratio?
PS Ratio	0.2x
Sales	CA$29.67m
Market Cap	CA$6.90m

AVNT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.6x
Enterprise Value/EBITDA	-1.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for AVNT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	5.4x
CANB CanadaBis Capital	0.4x	n/a	CA$6.9m
AYUR Ayurcann Holdings	0.3x	n/a	CA$6.8m
BBM Blueberries Medical	20.8x	n/a	CA$6.0m
STHZ StateHouse Holdings	0.05x	n/a	CA$7.7m
AVNT Avant Brands	0.2x	n/a	CA$6.9m

Price-To-Sales vs Peers: AVNT is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (5.4x).

Price to Sales Ratio vs Industry

How does AVNT's PS Ratio compare vs other companies in the CA Pharmaceuticals Industry?

23 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.7x	10.7%
AVNT Avant Brands	0.2x	n/a	US$4.93m
AYR.A Ayr Wellness	0.2x	2.6%	US$82.27m
ACRG.A.U Acreage Holdings	0.08x	n/a	US$26.82m

23 Companies		Estimated Growth	Market Cap
Industry Avg.	0.7x	53.4%
AVNT Avant Brands	0.2x	n/a	US$4.93m

No more companies

Price-To-Sales vs Industry: AVNT is good value based on its Price-To-Sales Ratio (0.2x) compared to the Canadian Pharmaceuticals industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is AVNT'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.

AVNT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate AVNT'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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