Company Valuation: Avicanna Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 49.1 35.79 30.73 31.74 33.62 26.56
Change - -27.12% -14.14% 3.27% 5.92% -20.99%
Enterprise Value (EV) 1 48.53 37.42 32.75 33.06 33.28 26.28
Change - -22.88% -12.49% 0.97% 0.65% -21.03%
P/E -1.17x -1.92x -1.65x -3.39x -8.43x -9.36x
PBR 7.81x 31.2x -80.1x -282x 14.5x 9.34x
PEG - 0x 0x 0.1x 0.1x 0.3x
Capitalization / Revenue 31.3x 10.9x 7.59x 1.89x 1.32x 1.04x
EV / Revenue 30.9x 11.4x 8.09x 1.97x 1.31x 1.03x
EV / EBITDA -2.77x -3.45x -3.34x -4.2x -8.04x -11.7x
EV / EBIT -2.66x -3.28x -3.15x -3.95x -7.11x -9.44x
EV / FCF -6.9x -4x -4.97x -8.46x -18.1x -47.4x
FCF Yield -14.5% -25% -20.1% -11.8% -5.51% -2.11%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -1.118 -0.4063 -0.249 -0.1032 -0.0362 -0.0241
Distribution rate - - - - - -
Net sales 1 1.57 3.269 4.048 16.79 25.46 25.48
EBITDA 1 -17.49 -10.85 -9.812 -7.871 -4.138 -2.243
EBIT 1 -18.27 -11.41 -10.41 -8.38 -4.68 -2.782
Net income 1 -32.86 -16.77 -14.74 -8.743 -3.618 -2.759
Net Debt 1 -0.5788 1.631 2.016 1.326 -0.3388 -0.2806
Reference price 2 1.3100 0.7800 0.4100 0.3500 0.3050 0.2250
Nbr of stocks (in thousands) 37,485 45,884 74,953 90,677 1,10,215 1,18,042
Announcement Date 03/09/21 31/03/22 31/03/23 02/04/24 11/04/25 01/04/26
1CAD in Million2CAD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.55x6.16x18.31x0.93% 5.11TCr
-22.47x290.65x-23.9x-.--% 4.74TCr
33.79x3.27x14.13x-.--% 4.32TCr
48.79x5.67x30.99x-.--% 4.24TCr
29.05x8.78x22.18x0.4% 3.32TCr
34.78x5.7x25.92x-.--% 1.71TCr
24.34x2.11x9.14x1.11% 1.48TCr
79.29x4.16x16.13x-.--% 1.42TCr
Average 32.77x 40.81x 14.11x 0.3% 3.29TCr
Weighted average by Cap. 27.60x 56.79x 12.42x 0.29%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA