Canopy Growth CorporationFind Ratings Reports
CANOPY GROWTH CORP's gross profit margin for the second quarter of its fiscal year 2020 has significantly increased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. CANOPY GROWTH CORP is extremely liquid. Currently, the Quick Ratio is 5.60 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has decreased by 8.11% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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|Income Statement||Q2 FY20||Q2 FY19|
|Net Sales ($mil)||167.97||76.61|
|Net Income ($mil)||-32.06||258.92|
|Balance Sheet||Q2 FY20||Q2 FY19|
|Cash & Equiv. ($mil)||1736.54||2754.41|
|Total Assets ($mil)||6573.73||8225.18|
|Total Debt ($mil)||676.44||720.48|
|Profitability||Q2 FY20||Q2 FY19|
|Gross Profit Margin||43.32||20.63|
|Return on Assets||2.97||-2.98|
|Return on Equity||3.97||-4.59|
|Debt||Q2 FY20||Q2 FY19|
|Share Data||Q2 FY20||Q2 FY19|
|Shares outstanding (mil)||372.05||348.33|
|Div / share||0.0||0.0|
|Book value / share||13.22||15.36|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||7194955.0||4280045.0|
HOLD. CANOPY GROWTH CORP's P/E ratio indicates a significant premium compared to an average of 36.26 for the Chemical Manufacturing subsector and a significant premium compared to the S&P 500 average of 38.33. For additional comparison, its price-to-book ratio of 2.32 indicates a significant discount versus the S&P 500 average of 4.11 and a significant discount versus the subsector average of 8.87. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average.
|CGC 53.70||Peers 28.12||CGC NM||Peers 20.72|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.
CGC is trading at a significant premium to its peers.
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
CGC's P/CF is negative making the measure meaningless.
|CGC NA||Peers 17.44||CGC NA||Peers 0.44|
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential.
Ratio not available.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|CGC 2.32||Peers 8.87||CGC 175.00||Peers 30.40|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
CGC is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
CGC is expected to have an earnings growth rate that significantly exceeds its peers.
|CGC 22.33||Peers 34.62||CGC 48.18||Peers 26.76|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
CGC is trading at a significant discount to its subsector on this measurement.
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share.
CGC has a sales growth rate that significantly exceeds its peers.