GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nova Cannabis Inc (OTCPK:NVACF) » Definitions » EV-to-EBITDA

Nova Cannabis (Nova Cannabis) EV-to-EBITDA : 6.63 (As of Apr. 28, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Nova Cannabis EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Nova Cannabis's enterprise value is $93.8 Mil. Nova Cannabis's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $14.2 Mil. Therefore, Nova Cannabis's EV-to-EBITDA for today is 6.63.

The historical rank and industry rank for Nova Cannabis's EV-to-EBITDA or its related term are showing as below:

NVACF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -408.47   Med: 8.3   Max: 51.5
Current: 6.72

During the past 5 years, the highest EV-to-EBITDA of Nova Cannabis was 51.50. The lowest was -408.47. And the median was 8.30.

NVACF's EV-to-EBITDA is ranked better than
80.52% of 462 companies
in the Healthcare Providers & Services industry
Industry Median: 12.98 vs NVACF: 6.72

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-28), Nova Cannabis's stock price is $1.00. Nova Cannabis's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.038. Therefore, Nova Cannabis's PE Ratio for today is 26.32.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Nova Cannabis EV-to-EBITDA Historical Data

The historical data trend for Nova Cannabis's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nova Cannabis EV-to-EBITDA Chart

Nova Cannabis Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
- - -27.58 33.64 5.31

Nova Cannabis Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.64 13.69 9.26 6.53 5.31

Competitive Comparison of Nova Cannabis's EV-to-EBITDA

For the Pharmaceutical Retailers subindustry, Nova Cannabis's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nova Cannabis's EV-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nova Cannabis's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Nova Cannabis's EV-to-EBITDA falls into.



Nova Cannabis EV-to-EBITDA Calculation

Nova Cannabis's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=93.779/14.15
=6.63

Nova Cannabis's current Enterprise Value is $93.8 Mil.
Nova Cannabis's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nova Cannabis  (OTCPK:NVACF) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Nova Cannabis's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.00/0.038
=26.32

Nova Cannabis's share price for today is $1.00.
Nova Cannabis's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.038.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Nova Cannabis EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Nova Cannabis's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Nova Cannabis (Nova Cannabis) Business Description

Traded in Other Exchanges
Address
101, 17220 Stony Plain Road NW, Edmonton, AB, CAN, T5S 1K6
Nova Cannabis Inc is engaged in the operation of retail cannabis stores in Canada. It operates approximately 88 retail cannabis stores in Alberta, 16 in Ontario, and one in Saskatchewan. Some of its brands are Value Buds and Sweet Tree Cannabis Co. The company's products include Dried flowers, Pre-rolls, Candy and Cartridges, among others.

Nova Cannabis (Nova Cannabis) Headlines

From GuruFocus