This company has been acquired
NVAC.F Stock Overview
Operates retail cannabis stores with a focus on the recreational-use cannabis market in Canada. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Nova Cannabis Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.26 |
| 52 Week High | CA$1.50 |
| 52 Week Low | CA$0.46 |
| Beta | -2.06 |
| 1 Month Change | -1.71% |
| 3 Month Change | 38.25% |
| 1 Year Change | 141.64% |
| 3 Year Change | -49.03% |
| 5 Year Change | n/a |
| Change since IPO | -46.21% |
Recent News & Updates
Recent updates
Shareholder Returns
| NVAC.F | US Specialty Retail | US Market | |
|---|---|---|---|
| 7D | 1.1% | -3.9% | -2.4% |
| 1Y | 141.6% | 15.4% | 23.3% |
Return vs Industry: NVAC.F exceeded the US Specialty Retail industry which returned 34% over the past year.
Return vs Market: NVAC.F exceeded the US Market which returned 38.3% over the past year.
Price Volatility
| NVAC.F volatility | |
|---|---|
| NVAC.F Average Weekly Movement | 17.0% |
| Specialty Retail Industry Average Movement | 7.5% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NVAC.F's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: NVAC.F's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 719 | Grant Sanderson | www.novacannabis.ca |
Nova Cannabis Inc. operates retail cannabis stores with a focus on the recreational-use cannabis market in Canada. The company is headquartered in Edmonton, Canada. Nova Cannabis Inc. is a subsidiary of SNDL Inc.
Nova Cannabis Inc. Fundamentals Summary
| NVAC.F fundamental statistics | |
|---|---|
| Market cap | US$78.46m |
| Earnings (TTM) | US$2.21m |
| Revenue (TTM) | US$193.95m |
35.5x
P/E Ratio0.4x
P/S RatioIs NVAC.F overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NVAC.F income statement (TTM) | |
|---|---|
| Revenue | CA$268.56m |
| Cost of Revenue | CA$201.89m |
| Gross Profit | CA$66.67m |
| Other Expenses | CA$63.61m |
| Earnings | CA$3.06m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.049 |
| Gross Margin | 24.83% |
| Net Profit Margin | 1.14% |
| Debt/Equity Ratio | 21.1% |
How did NVAC.F perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/10/21 14:24 |
| End of Day Share Price | 2024/10/21 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Nova Cannabis Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| Ty Collin | Eight Capital |