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Cronos Group: Top 10 Undervalued Drug Manufacturers Industry Stocks (CRON)

AI-generated - The Globe and Mail - Sun Oct 27, 8:06PM CDT

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.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
LFSTLifeist Wellness0.060.210.15 (256.8%)419651.80.00.0
VPHValeo Pharma0.040.120.07 (158.9%)281344.40.00.0
AVNTAvant Brands0.902.241.34 (149.1%)88829.40.00.0
CANBCanadaBis Cap0.050.120.07 (139.2%)505876.90.02.5
ENTGEntourage Health0.010.030.02 (106.3%)1055164.60.00.0
CWEBCharlottes Web Holdings0.200.340.14 (67.8%)3936331.40.00.0
CRONCronos Group3.114.611.50 (48.1%)883991188.50.00.0
LOVECannara Biotech0.670.960.29 (44.0%)1155461.30.011.2
MDPMedexus Pharma2.563.651.09 (42.5%)1570662.60.046.2
WEEDCanopy Gwth7.5710.492.92 (38.5%)1669357599.90.00.0

All data provided as of October 28, 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.