This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

BYND Cannasoft Enterprises Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

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

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


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for BYND. This is calculated by dividing BYND's market cap by their current revenue.
What is BYND's PS Ratio?
PS Ratio3.6x
SalesCA$1.11m
Market CapCA$3.98m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for BYND vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average8.6x
NPA.H Alphinat
2.7xn/aCA$4.1m
WIN Windfall Geotek
19.2xn/aCA$2.6m
VIS Visionstate
11.5xn/aCA$6.0m
TBIX TrustBIX
1xn/aCA$1.8m
BYND BYND Cannasoft Enterprises
3.6xn/aCA$4.0m

Price-To-Sales vs Peers: BYND is good value based on its Price-To-Sales Ratio (3.6x) compared to the peer average (10.4x).


Price to Sales Ratio vs Industry

How does BYND's PS Ratio compare vs other companies in the CA Software Industry?

27 CompaniesPrice / SalesEstimated GrowthMarket Cap
QUIS Quisitive Technology Solutions
0.6x5.5%US$67.57m
BTCW Bitcoin Well
0.5xn/aUS$25.41m
NOW NowVertical Group
0.4x5.3%US$20.04m
PLUR Plurilock Security
0.4xn/aUS$16.92m
BYND 3.6xIndustry Avg. 3.2xNo. of Companies27PS02.85.68.411.214+
27 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BYND is expensive based on its Price-To-Sales Ratio (3.6x) compared to the Canadian Software industry average (3.3x).


Price to Sales Ratio vs Fair Ratio

What is BYND'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.

BYND PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.6x
Fair PS Ration/a

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


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/03/17 09:24
End of Day Share Price 2024/03/15 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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

Femto Technologies Inc. is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution