Auxly Cannabis Group Valuation

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

Below Fair Value: XLY (CA$0.04) is trading below our estimate of fair value (CA$2.94)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for XLY. This is calculated by dividing XLY's market cap by their current revenue.
What is XLY's PS Ratio?
PS Ratio	0.4x
Sales	CA$114.61m
Market Cap	CA$51.43m

XLY 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	0.9x
Enterprise Value/EBITDA	13.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for XLY 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	2.1x
MDP Medexus Pharmaceuticals	0.4x	6.5%	CA$52.0m
HASH Simply Solventless Concentrates	6.8x	n/a	CA$51.3m
VEXT Vext Science	1x	34.6%	CA$45.8m
ACRG.A.U Acreage Holdings	0.08x	n/a	US$26.8m
XLY Auxly Cannabis Group	0.4x	n/a	CA$51.4m

Price-To-Sales vs Peers: XLY is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (2.1x).

Price to Sales Ratio vs Industry

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

23 Companies	Price / Sales	Estimated Growth	Market Cap
AYR.A Ayr Wellness	0.2x	2.6%	US$82.27m
ACRG.A.U Acreage Holdings	0.08x	n/a	US$26.82m
MRV Nuvo Pharmaceuticals	0.2x	n/a	US$11.21m
IMCC IM Cannabis	0.2x	24.8%	US$7.97m

23 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: XLY is good value based on its Price-To-Sales Ratio (0.4x) compared to the Canadian Pharmaceuticals industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is XLY'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.

XLY PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	n/a

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