Greenlane Holdings, Inc. distribute consumption accessories and vaporization products to wholesale and retail customers in the United States and Canada. More Details
+ 1 more risk
Adequate balance sheet and overvalued.
Share Price & News
How has Greenlane Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GNLN's share price has been volatile over the past 3 months.
7 Day Return
US Retail Distributors
1 Year Return
US Retail Distributors
Return vs Industry: GNLN underperformed the US Retail Distributors industry which returned 6.3% over the past year.
Return vs Market: GNLN underperformed the US Market which returned 12.7% over the past year.
Price Volatility Vs. Market
How volatile is Greenlane Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StAre Insiders Buying Greenlane Holdings, Inc. (NASDAQ:GNLN) Stock?
1 month ago | Simply Wall StAre Greenlane Holdings's (NASDAQ:GNLN) Statutory Earnings A Good Guide To Its Underlying Profitability?
2 months ago | Simply Wall StIs Greenlane Holdings, Inc. (NASDAQ:GNLN) Popular Amongst Institutions?
Is Greenlane Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: GNLN ($2.22) is trading above our estimate of fair value ($0.33)
Significantly Below Fair Value: GNLN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GNLN is unprofitable, so we can't compare its PE Ratio to the US Retail Distributors industry average.
PE vs Market: GNLN is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GNLN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GNLN is good value based on its PB Ratio (1.3x) compared to the US Retail Distributors industry average (3x).
How is Greenlane Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GNLN is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: GNLN is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: GNLN is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: GNLN's revenue (14.8% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: GNLN's revenue (14.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GNLN's Return on Equity is forecast to be high in 3 years time
How has Greenlane Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GNLN is currently unprofitable.
Growing Profit Margin: GNLN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GNLN is unprofitable, and losses have increased over the past 5 years at a rate of 67.4% per year.
Accelerating Growth: Unable to compare GNLN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GNLN is unprofitable, making it difficult to compare its past year earnings growth to the Retail Distributors industry (-0.1%).
Return on Equity
High ROE: GNLN has a negative Return on Equity (-44.75%), as it is currently unprofitable.
How is Greenlane Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: GNLN's short term assets ($100.6M) exceed its short term liabilities ($22.7M).
Long Term Liabilities: GNLN's short term assets ($100.6M) exceed its long term liabilities ($12.3M).
Debt to Equity History and Analysis
Debt Level: GNLN's debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GNLN's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GNLN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GNLN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Greenlane Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GNLN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GNLN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GNLN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GNLN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GNLN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Aaron LoCascio (34 yo)
Mr. Aaron LoCascio is Co-Founder of Greenlane Holdings, Inc. and has served as its Chief Executive Officer and Chairman of the Board of Directors since May 2018. He has served as the Chief Executive Office ...
CEO Compensation Analysis
Compensation vs Market: Aaron's total compensation ($USD379.82K) is below average for companies of similar size in the US market ($USD601.89K).
Compensation vs Earnings: Aaron's compensation has increased whilst the company is unprofitable.
|Chairman of the Board & CEO||2.33yrs||US$379.82k||0.47% |
|Chief Financial Officer||0.67yr||no data||0.059% |
|Chief Operating Officer||0.67yr||no data||0.059% |
|General Counsel||1.92yrs||no data||0.0078% |
|Vice President of Sales||no data||no data||no data|
|Managing Director-Europe||no data||no data||no data|
Experienced Management: GNLN's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
|Chairman of the Board & CEO||2.33yrs||US$379.82k||0.47% |
|Independent Director||1.42yrs||US$185.73k||0% |
|Independent Director||1.42yrs||US$185.73k||0.12% |
|Independent Director||1.42yrs||US$185.73k||0.27% |
Experienced Board: GNLN's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GNLN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.4%.
Greenlane Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Greenlane Holdings, Inc.
- Ticker: GNLN
- Exchange: NasdaqGM
- Founded: 2005
- Industry: Distributors
- Sector: Retail
- Implied Market Cap: US$92.902m
- Market Cap: US$28.311m
- Shares outstanding: 43.82m
- Website: https://www.gnln.com
Number of Employees
- Greenlane Holdings, Inc.
- 1095 Broken Sound Parkway
- Suite 300
- Boca Raton
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GNLN||NasdaqGM (Nasdaq Global Market)||Yes||Class A Common Stock||US||USD||Apr 2019|
|G67||BST (Boerse-Stuttgart)||Yes||Class A Common Stock||DE||EUR||Apr 2019|
|G67||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Apr 2019|
Greenlane Holdings, Inc. distribute consumption accessories and vaporization products to wholesale and retail customers in the United States and Canada. The company offers vaporizers and parts, cleaning pr ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/23 06:41|
|End of Day Share Price||2020/09/22 00:00|
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.