Nova Cannabis (TSX:NOVC) EV-to-FCF : 13.00 (As of May. 13, 2024)

Nova Cannabis EV-to-FCF Chart

Nova Cannabis Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EV-to-FCF	Get a 7-Day Free Trial											-14.76	-61.54	32.47	15.91	10.77

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

For the Pharmaceutical Retailers subindustry, Nova Cannabis'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.

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

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

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

Nova Cannabis EV-to-FCF Calculation

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

Nova Cannabis's current Enterprise Value is C$122.1 Mil.
Nova Cannabis's Free Cash Flow 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 C$9.4 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  (TSX:NOVC) EV-to-FCF Explanation

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 to determine the fair market value of a company.

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

Nova Cannabis's share price for today is C$1.29.
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 C$0.050.

* 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.

Nova Cannabis EV-to-FCF Related Terms

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Nova Cannabis (TSX:NOVC) Business Description