Canopy Growth (TSX:WEED) GF Value Rank : 4 (As of Dec. 11, 2024)

View and export this data going back to 2010. Start your Free Trial

What is Canopy Growth GF Value Rank?

Canopy Growth has the GF Value Rank of 4.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Canopy Growth's GF Value Rank

For the Drug Manufacturers - Specialty & Generic subindustry, Canopy Growth's GF Value Rank, along with its competitors' market caps and GF Value Rank 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's GF Value Rank Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Canopy Growth's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Canopy Growth's GF Value Rank falls into.

Canopy Growth GF Value Rank Related Terms

Thank you for viewing the detailed overview of Canopy Growth's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Canopy Growth Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Canopy Growth Corp (TSX:WEED) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

CGC:USA 11L:Germany

Address

1 Hershey Drive, Smiths Falls, ON, CAN, K7A 0A8

Website

https://www.canopygrowth.com

Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include skincare products under Martha Stewart CBD and Storz & Bickel vaporizers. Canopy growth merged its US assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.

Executives

Christelle Gedeon	Senior Officer
Judy Eun Joo Hong	Senior Officer
David Eric Klein	Director or Senior Officer of 10% Security Holder
Terry Yanofsky	Director
Luc Mongeau	Director
Willy Kruh	Director
David Angelo Lazzarato	Director
Judy A. Schmeling	Director
Thomas Carlton Stewart	Senior Officer
Rade Nikola Kovacevic	Senior Officer
Phillip Shaer	Senior Officer
Thomas Shipley	Senior Officer
David Bigioni	Senior Officer
Bruce Linton	10% Security Holder, Director, Senior Officer
Mark Anthony Nicholas Zekulin	Senior Officer