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TerrAscendTSX:TSND +3.95%67 Market Cap is C$244.2 Mil as of Jul. 21, 2026. GuruFocus rates TSX:TSND with a GF Score™ of 67/100 and a GF Value™ of C$1.39 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,022 Drug Manufacturers companies, TerrAscend ranks worse than 53.42% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). TerrAscend's share price for the quarter that ended in Mar. 2026 was C$0.89. TerrAscend's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 308.4 Mil. Therefore, TerrAscend's market cap for the quarter that ended in Mar. 2026 was C$274.5 Mil.
TerrAscend's quarterly market cap
declined
from Sep. 2025 (C$356.1 Mil) to Dec. 2025 (C$305.4 Mil) and
declined
from Dec. 2025 (C$305.4 Mil) to Mar. 2026 (C$274.5 Mil).
TerrAscend's annual market cap
declined
from Dec. 2023 (C$634.3 Mil) to Dec. 2024 (C$269.7 Mil) but then
increased
from Dec. 2024 (C$269.7 Mil) to Dec. 2025 (C$305.4 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. TerrAscend's Enterprise Value for Today is C$552.9 Mil.
TerrAscend (TSX:TSND) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
TerrAscend Market Cap Related Terms
TerrAscend Market Cap Historical Data
* Premium members only.
The historical data trend for TerrAscend's Market Cap 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, TerrAscend's Market Cap, along with its competitors' market caps and Market Cap 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.
TerrAscend Market Cap vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, TerrAscend's Market Cap distribution charts can be found below:
* The bar in red indicates where TerrAscend's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
TerrAscend's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
TerrAscend (TSX:TSND) has a Market Cap of C$244.2 Mil as of Jul. 21, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on TerrAscend and its competitors. According to the industry distribution chart, TerrAscend ranks #546 out of 1022 companies in the Drug Manufacturers industry, placing it in the top 53.4%.
Is TerrAscend's Market Cap too high?
TerrAscend's current Market Cap is C$244.2 Mil. Based on the distribution chart, TerrAscend ranks #546 out of 1022 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, TerrAscend has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TerrAscend's Market Cap compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, TerrAscend ranks #546 out of 1022 companies for Market Cap. This places TerrAscend in the lower half of its industry. The industry median Market Cap is 222.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Drug Manufacturers company?
The median Market Cap among Drug Manufacturers companies is 222.28, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on TerrAscend and its competitors. For the Drug Manufacturers industry, the median Market Cap is 222.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TerrAscend's current Market Cap is C$244.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TerrAscend stock overvalued right now?
Based on GuruFocus' analysis, TerrAscend (TSX:TSND) is currently considered Possible Value Trap. The stock's GF Value™ is C$1.39, compared to a current price of C$0.79 — trading 43.2% below its estimated fair value. The current Market Cap is C$244.2 Mil. TerrAscend's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For TerrAscend (TSX:TSND), the current Market Cap is C$244.2 Mil as of Jul. 21, 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 TerrAscend (TSX:TSND) Overvalued in 2026?
Based on GuruFocus' analysis, TerrAscend stock appears to be undervalued.
The current stock price of C$0.79 is trading 43.2% below its estimated GF Value™ of C$1.39.
GuruFocus considers TerrAscend to be Possible Value Trap.
Key valuation signals for TSX:TSND:
Market Cap: C$244.2 Mil
GF Value™: C$1.39 vs. price of C$0.79 (43.2% below fair value)
No single metric tells the full story. See the TSX:TSND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TerrAscend Corp is a company focused on creating and delivering cannabis products and services that meet the evolving needs of its patients. It also provides education and support programs to physicians and patients through healthcare professionals. In addition, the firm operates in California, Maryland, New Jersey, and Pennsylvania, with retail operations in Ohio and Canada. It operates The Apothecarium and other dispensary retail locations as well as scaled cultivation, processing, and manufacturing facilities in its core markets. The firm has one operating segment, being the cultivation, production, and sale of cannabis products, with subsidiaries located in Canada and the United States. The company generates key revenue from the United States.
67GF Score
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