Cronos Group: Top 10 Undervalued Drug Manufacturers Industry Stocks (CRON)
Cronos Group is now ranked among the top 10 undervalued stocks in the Drug Manufacturers industry on the Toronto Stock Exchange or TSX Venture Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
Drug Manufacturers: Major, global pharmaceutical manufacturers offering a broad and diverse line of drug and healthcare products; industry leaders that have made a significant commitment to the research and development of a long pipeline of drugs.
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| VPH | Valeo Pharma | 0.07 | 0.21 | 0.14 (216.3%) | 19294 | 6.4 | 0.0 | 0.0 |
| LFST | Lifeist Wellness | 0.09 | 0.23 | 0.14 (153.7%) | 37633 | 2.6 | 0.0 | 0.0 |
| AVNT | Avant Brands | 1.18 | 2.56 | 1.38 (117.0%) | 5954 | 11.1 | 0.0 | 0.0 |
| CANB | CanadaBis Cap | 0.06 | 0.12 | 0.06 (106.5%) | 37488 | 8.3 | 0.0 | 3.0 |
| TLRY | Tilray Brands | 2.31 | 4.45 | 2.14 (92.6%) | 1061884 | 1715.5 | 0.0 | 0.0 |
| TSND | TerrAscend | 1.63 | 3.04 | 1.41 (86.6%) | 215614 | 475.1 | 0.0 | 0.0 |
| CWEB | Charlottes Web Holdings | 0.20 | 0.36 | 0.16 (78.5%) | 48425 | 31.4 | 0.0 | 0.0 |
| CRON | Cronos Group | 3.03 | 4.76 | 1.73 (57.1%) | 111995 | 1157.9 | 0.0 | 0.0 |
| DB | Decibel Cannabis Co | 0.07 | 0.10 | 0.04 (55.3%) | 208958 | 27.2 | 0.0 | 0.0 |
| MDP | Medexus Pharma | 2.45 | 3.59 | 1.14 (46.6%) | 24618 | 59.9 | 0.0 | 45.4 |
All data provided as of September 02, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Cronos Group
Cronos Group, headquartered in Toronto, Canada, cultivates and sells medicinal and recreational cannabis through its medicinal brand, Peace Naturals, and its two recreational brands, Cove and Spinach. Although it primarily operates in Canada, Cronos exports medical cannabis primarily to Israel. In the US, the company has an option to acquire 5.9% of US multistate operator PharmaCann on a fully diluted basis upon easing of federal prohibition.
Cronos Group is listed under CRON on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
