Canopy Ev To Sales from 2010 to 2024

CGC Stock  USD 3.87  0.03  0.77%   
Canopy Growth's EV To Sales is decreasing over the years with very volatile fluctuation. Overall, EV To Sales is expected to go to 535.04 this year. EV To Sales is the Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue. View All Fundamentals
 
EV To Sales  
First Reported
2010-12-31
Previous Quarter
4.24212917
Current Value
535.03845637
Quarterly Volatility
275.78474393
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canopy Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canopy Growth's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Total Revenue of 1.1 M or Gross Profit of 414.3 K, as well as many indicators such as Price To Sales Ratio of 538, Dividend Yield of 0.0 or PTB Ratio of 28.47. Canopy financial statements analysis is a perfect complement when working with Canopy Growth Valuation or Volatility modules.
  
Check out the analysis of Canopy Growth Correlation against competitors.

Latest Canopy Growth's Ev To Sales Growth Pattern

Below is the plot of the Ev To Sales of Canopy Growth Corp over the last few years. It is the Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue. Canopy Growth's EV To Sales historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canopy Growth's overall financial position and show how it may be relating to other accounts over time.
Ev To Sales10 Years Trend
Very volatile
   Ev To Sales   
       Timeline  

Canopy Ev To Sales Regression Statistics

Arithmetic Mean253.17
Geometric Mean93.67
Coefficient Of Variation108.93
Mean Deviation224.43
Median157.41
Standard Deviation275.78
Sample Variance76,057
Range835
R-Value(0.05)
Mean Square Error81,678
R-Squared0
Significance0.85
Slope(3.27)
Total Sum of Squares1.1M

Canopy Ev To Sales History

2023 4.24
2022 4.29
2021 8.52
2020 28.22
2019 16.16
2018 839.6
2017 724.07

About Canopy Growth Financial Statements

Canopy Growth stakeholders use historical fundamental indicators, such as Canopy Growth's Ev To Sales, to determine how well the company is positioned to perform in the future. Although Canopy Growth investors may analyze each financial statement separately, they are all interrelated. For example, changes in Canopy Growth's assets and liabilities are reflected in the revenues and expenses on Canopy Growth's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Canopy Growth Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
EV To Sales 4.24  535.04 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Canopy Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canopy Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canopy Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canopy Growth Corp Stock:
Check out the analysis of Canopy Growth Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canopy Growth. If investors know Canopy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canopy Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.08)
Revenue Per Share
3.315
Quarterly Revenue Growth
(0.1)
Return On Assets
(0.04)
Return On Equity
(0.93)
The market value of Canopy Growth Corp is measured differently than its book value, which is the value of Canopy that is recorded on the company's balance sheet. Investors also form their own opinion of Canopy Growth's value that differs from its market value or its book value, called intrinsic value, which is Canopy Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canopy Growth's market value can be influenced by many factors that don't directly affect Canopy Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canopy Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canopy Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canopy Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.