Canopy GrowthCGC +5.41%44 EV-to-FCF is -7.19 as of Jul. 04, 2026. GuruFocus rates CGC with a GF Score™ of 44/100 and a GF Value™ of $0.75 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 562 Drug Manufacturers companies, Canopy Growth ranks worse than 177935.77% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Canopy Growth's Enterprise Value is $364.7 Mil.
Canopy Growth's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-50.7 Mil. Therefore, Canopy Growth's EV-to-FCF for today is -7.19.
The historical rank and industry rank for Canopy Growth's EV-to-FCF or its related term are showing as below:
CGC'
s EV-to-FCF Range Over the Past 10 Years
Min: -56.05 Med: -6.28 Max: -1.47
Current: -7.36
During the past 13 years, the highest EV-to-FCF of Canopy Growth was -1.47. The lowest was -56.05. And the median was -6.28.
CGC's EV-to-FCF is ranked worse than 100% of 562
companies
in the Drug Manufacturers industry
Industry Median: 20.525
vs CGC: -7.36
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Canopy Growth's PE Ratio (TTM) for today is calculated as:
Canopy Growth's share price for today is $1.01.
Canopy Growth's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.590.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Canopy Growth EV-to-FCF Related Terms
Canopy Growth EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Canopy Growth's EV-to-FCF 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.
For the Drug Manufacturers - Specialty & Generic subindustry, Canopy Growth's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Canopy Growth EV-to-FCF vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Canopy Growth's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Canopy Growth's EV-to-FCF falls into.
Canopy Growth's current Enterprise Value is $364.7 Mil.
Canopy Growth's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-50.7 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.
Canopy Growth (CGC) has a EV-to-FCF of -7.19 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Canopy Growth and its competitors. According to the industry distribution chart, Canopy Growth ranks #999999 out of 562 companies in the Drug Manufacturers industry.
Is Canopy Growth's EV-to-FCF too high?
Canopy Growth's current EV-to-FCF is -7.19. Based on the distribution chart, Canopy Growth ranks #999999 out of 562 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Canopy Growth has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canopy Growth's EV-to-FCF compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Canopy Growth ranks #999999 out of 562 companies for EV-to-FCF. This places Canopy Growth in the lower half of its industry. The industry median EV-to-FCF is 20.53. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Drug Manufacturers company?
The median EV-to-FCF among Drug Manufacturers companies is 20.53, based on 562 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Canopy Growth and its competitors. For the Drug Manufacturers industry, the median EV-to-FCF is 20.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canopy Growth's current EV-to-FCF is -7.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canopy Growth stock overvalued right now?
Based on GuruFocus' analysis, Canopy Growth (CGC) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.75, compared to a current price of $1.01 — trading 34.7% above its estimated fair value. The current EV-to-FCF is -7.19. Canopy Growth's overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Canopy Growth (CGC), the current EV-to-FCF is -7.19 as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canopy Growth (CGC) Overvalued in 2026?
Based on GuruFocus' analysis, Canopy Growth stock appears to be overvalued.
The current stock price of $1.01 is trading 34.7% above its estimated GF Value™ of $0.75.
GuruFocus considers Canopy Growth to be Significantly Overvalued.
Key valuation signals for CGC:
EV-to-FCF: -7.19
GF Value™: $0.75 vs. price of $1.01 (34.7% above fair value)
No single metric tells the full story. See the CGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canopy Growth Corp is a cannabis company that produces, distributes, and sells a diverse range of cannabis and cannabis-related products for adult-use and medical purposes under a portfolio of distinct brands in Canada. The Company supplies cannabis products in Canada, Europe, and Australia. It is focused on the medical and adult-use cannabis markets in Canada, offering a broad portfolio of brands and formats for medical cannabis patients and adult-use consumers. The Company operates through two reportable segments: Cannabis, which generates maximum revenue and includes the production, distribution, and sale of cannabis and cannabis-related products, and Storz & Bickel, which includes the production, distribution, and sale of vaporizers and accessories.
44GF Score
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