Canopy Growth Corp Stock Cash Per Share
| CGC Stock | USD 1.89 0.10 5.59% |
Canopy Growth Corp fundamentals help investors to digest information that contributes to Canopy Growth's financial success or failures. It also enables traders to predict the movement of Canopy Stock. The fundamental analysis module provides a way to measure Canopy Growth's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canopy Growth stock.
| Last Reported | Projected for Next Year | ||
| Cash Per Share | 0.19 | 0.18 |
Canopy | Cash Per Share |
Canopy Growth Corp Company Cash Per Share Analysis
Canopy Growth's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Canopy Growth Cash Per Share | 2.94 X |
Most of Canopy Growth's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canopy Growth Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Canopy Cash Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Canopy Growth is extremely important. It helps to project a fair market value of Canopy Stock properly, considering its historical fundamentals such as Cash Per Share. Since Canopy Growth's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canopy Growth's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canopy Growth's interrelated accounts and indicators.
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Canopy Cash Per Share Historical Pattern
Today, most investors in Canopy Growth Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Canopy Growth's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Canopy Growth cash per share as a starting point in their analysis.
Canopy Growth Cash Per Share |
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Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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Canopy Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, Canopy Growth Corp has a Cash Per Share of 2.94 times. This is 32.41% lower than that of the Pharmaceuticals sector and significantly higher than that of the Health Care industry. The cash per share for all United States stocks is 41.32% higher than that of the company.
Canopy Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canopy Growth's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canopy Growth could also be used in its relative valuation, which is a method of valuing Canopy Growth by comparing valuation metrics of similar companies.Canopy Growth is currently under evaluation in cash per share category among its peers.
Canopy Growth Current Valuation Drivers
We derive many important indicators used in calculating different scores of Canopy Growth from analyzing Canopy Growth's financial statements. These drivers represent accounts that assess Canopy Growth's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canopy Growth's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 15.0B | 3.7B | 1.1B | 762.8M | 480.4K | 456.3K | |
| Enterprise Value | 15.4B | 4.4B | 1.7B | 1.3B | 442.4K | 420.3K |
Canopy Fundamentals
| Return On Equity | -0.84 | ||||
| Return On Asset | -0.0463 | ||||
| Profit Margin | (1.70) % | ||||
| Operating Margin | (0.26) % | ||||
| Current Valuation | 497.11 M | ||||
| Shares Outstanding | 147.12 M | ||||
| Shares Owned By Insiders | 0.11 % | ||||
| Shares Owned By Institutions | 6.93 % | ||||
| Number Of Shares Shorted | 9.53 M | ||||
| Price To Earning | (20.08) X | ||||
| Price To Book | 0.67 X | ||||
| Price To Sales | 1.18 X | ||||
| Revenue | 297.15 M | ||||
| Gross Profit | 84.14 M | ||||
| EBITDA | (312.83 M) | ||||
| Net Income | (483.68 M) | ||||
| Cash And Equivalents | 1.23 B | ||||
| Cash Per Share | 2.94 X | ||||
| Total Debt | 668 M | ||||
| Debt To Equity | 0.95 % | ||||
| Current Ratio | 3.94 X | ||||
| Book Value Per Share | 4.58 X | ||||
| Cash Flow From Operations | (281.95 M) | ||||
| Short Ratio | 1.70 X | ||||
| Earnings Per Share | (3.54) X | ||||
| Price To Earnings To Growth | (0.11) X | ||||
| Target Price | 2.89 | ||||
| Number Of Employees | 1.03 K | ||||
| Beta | 1.71 | ||||
| Market Capitalization | 327.56 M | ||||
| Total Asset | 1.3 B | ||||
| Retained Earnings | (10.33 B) | ||||
| Working Capital | 136.47 M | ||||
| Current Asset | 1.21 B | ||||
| Current Liabilities | 111.3 M | ||||
| Net Asset | 1.3 B |
About Canopy Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canopy Growth Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canopy Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canopy Growth Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Canopy Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canopy Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canopy Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canopy Growth Corp Stock:Check out Canopy Growth Piotroski F Score and Canopy Growth Altman Z Score analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canopy Growth. If investors know Canopy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canopy Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.54) | Revenue Per Share | Quarterly Revenue Growth (0.05) | Return On Assets | Return On Equity |
The market value of Canopy Growth Corp is measured differently than its book value, which is the value of Canopy that is recorded on the company's balance sheet. Investors also form their own opinion of Canopy Growth's value that differs from its market value or its book value, called intrinsic value, which is Canopy Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canopy Growth's market value can be influenced by many factors that don't directly affect Canopy Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canopy Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canopy Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canopy Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.