Pineapple Express Cannabis Valuation

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

PNXP ($0.24) is trading above our estimate of [[fair value]] ($0.12)

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

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: PNXP ($0.24) is trading above our estimate of fair value ($0.12)

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

Key Valuation Metric

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

Key metric: As PNXP barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for PNXP. This is calculated by dividing PNXP's market cap by their current book value.
What is PNXP's PB Ratio?
PB Ratio	160x
Book	US$29.75k
Market Cap	US$4.76m

PNXP 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	652.8x
Enterprise Value/EBITDA	-676.1x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does PNXP's PB Ratio compare to its peers?

The above table shows the PB ratio for PNXP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	0.8x
MDVL MedAvail Holdings	0.1x	n/a	US$2.9m
MGRX Mangoceuticals	0.5x	n/a	US$6.6m
CJJD China Jo-Jo Drugstores	0.8x	n/a	US$12.4m
REBN Reborn Coffee	1.9x	n/a	US$5.0m
PNXP Pineapple Express Cannabis	160x	n/a	US$4.8m

Price-To-Book vs Peers: PNXP is expensive based on its Price-To-Book Ratio (160x) compared to the peer average (0.8x).

Price to Book Ratio vs Industry

How does PNXP's PB Ratio compare vs other companies in the US Consumer Retailing Industry?

1 Company	Price / Book	Estimated Growth	Market Cap
MDVL MedAvail Holdings	0.1x	n/a	US$2.91m

No more companies available in this PB range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: PNXP is expensive based on its Price-To-Book Ratio (160x) compared to the US Consumer Retailing industry average (2.3x).

Price to Book Ratio vs Fair Ratio

What is PNXP's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PNXP PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	160x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate PNXP's Price-To-Book 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.