GrowGeneration
Market Cap
US$418.5m
Last Updated
2020/08/09 23:31 UTC
Data Sources
Company Financials +
Executive Summary
GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States.
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with excellent balance sheet.
Similar Companies
Share Price & News
How has GrowGeneration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GRWG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
7.0%
GRWG
4.0%
US Specialty Retail
1.9%
US Market
1 Year Return
77.1%
GRWG
14.2%
US Specialty Retail
16.4%
US Market
Return vs Industry: GRWG exceeded the US Specialty Retail industry which returned 13.4% over the past year.
Return vs Market: GRWG exceeded the US Market which returned 16.3% over the past year.
Shareholder returns
| GRWG | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.0% | 4.0% | 1.9% |
| 30 Day | 36.4% | 12.8% | 4.5% |
| 90 Day | 79.9% | 25.4% | 17.6% |
| 1 Year | 77.1%77.1% | 15.4%14.2% | 18.9%16.4% |
| 3 Year | 375.3%375.3% | 63.6%56.5% | 44.1%34.8% |
| 5 Year | n/a | 32.1%22.0% | 75.3%56.3% |
Price Volatility Vs. Market
How volatile is GrowGeneration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
GrowGeneration (NASDAQ:GRWG) Shareholders Have Enjoyed A Whopping 319% Share Price Gain2 months ago | Simply Wall St
Do Institutions Own GrowGeneration Corp. (NASDAQ:GRWG) Shares?Valuation
Is GrowGeneration undervalued compared to its fair value and its price relative to the market?
6x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: GRWG ($9.03) is trading above our estimate of fair value ($0.06)
Significantly Below Fair Value: GRWG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GRWG is unprofitable, so we can't compare its PE Ratio to the US Specialty Retail industry average.
PE vs Market: GRWG 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 GRWG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GRWG is overvalued based on its PB Ratio (6x) compared to the US Specialty Retail industry average (1.4x).
Next Steps
Future Growth
How is GrowGeneration forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
62.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GRWG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: GRWG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GRWG's is expected to become profitable in the next 3 years.
Revenue vs Market: GRWG's revenue (33.3% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: GRWG's revenue (33.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GRWG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has GrowGeneration performed over the past 5 years?
-12.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GRWG is currently unprofitable.
Growing Profit Margin: GRWG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GRWG is unprofitable, and losses have increased over the past 5 years at a rate of 12.2% per year.
Accelerating Growth: Unable to compare GRWG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GRWG is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-23.3%).
Return on Equity
High ROE: GRWG has a negative Return on Equity (-0.77%), as it is currently unprofitable.
Next Steps
Financial Health
How is GrowGeneration's financial position?
Financial Position Analysis
Short Term Liabilities: GRWG's short term assets ($48.9M) exceed its short term liabilities ($17.3M).
Long Term Liabilities: GRWG's short term assets ($48.9M) exceed its long term liabilities ($5.7M).
Debt to Equity History and Analysis
Debt Level: GRWG's debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: GRWG's debt to equity ratio has reduced from 2.7% to 0.5% over the past 5 years.
Balance Sheet
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: GRWG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GRWG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is GrowGeneration current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GRWG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GRWG'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 GRWG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GRWG'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 GRWG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Darren Lampert (59 yo)
6.42yrs
Tenure
US$2,942,215
Compensation
Mr. Darren Lampert co-founded GrowGeneration Pueblo, Corp., (a/k/a, EasyLife, Corp., GrowGeneration Corp.) in March 6, 2014 and has been its Chief Executive Officer since March 6, 2014. Mr. Lampert began h ...
CEO Compensation Analysis
Compensation vs Market: Darren's total compensation ($USD2.94M) is above average for companies of similar size in the US market ($USD2.03M).
Compensation vs Earnings: Darren's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 6.42yrs | US$2.94m | 2.87% $ 12.0m | |
| Co-Founder | 6.42yrs | US$2.94m | 2.98% $ 12.5m | |
| CFO & Secretary | 3.25yrs | US$968.35k | 0.22% $ 939.0k | |
| Executive VP & COO | 0.75yr | US$1.51m | 0.086% $ 361.2k | |
| Chief Technology Officer | 0.75yr | US$150.97k | no data | |
| Senior Strategic Advisor to CEO & Board of Directors | 1.08yrs | no data | no data |
2.2yrs
Average Tenure
59yo
Average Age
Experienced Management: GRWG's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 6.42yrs | US$2.94m | 2.87% $ 12.0m | |
| Co-Founder | 6.42yrs | US$2.94m | 2.98% $ 12.5m | |
| Independent Director | 0.25yr | no data | 0.86% $ 3.6m | |
| Independent Director | 6.25yrs | US$97.00k | 0.90% $ 3.8m | |
| Independent Director | 2.58yrs | US$97.00k | no data |
6.3yrs
Average Tenure
59yo
Average Age
Experienced Board: GRWG's board of directors are considered experienced (6.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33.1%.
Top Shareholders
Company Information
GrowGeneration Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: GrowGeneration Corp.
- Ticker: GRWG
- Exchange: NasdaqCM
- Founded: 2008
- Industry: Home Improvement Retail
- Sector: Retail
- Market Cap: US$418.539m
- Shares outstanding: 46.35m
- Website: https://www.growgeneration.com
Number of Employees
Location
- GrowGeneration Corp.
- 1000 West Mississippi Avenue
- Denver
- Colorado
- 80223
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GRWG | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Oct 2016 |
Biography
GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. It engages in the marketing and distribution of horticultural, organic ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/09 23:31 |
| End of Day Share Price | 2020/08/07 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.