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Canopy Growth Corp Stock Research

CGC

2.04USD+0.01(+0.49%)Market Closed

Market Summary

USD2.04+0.01
Market Closed
0.49%

CGC Alerts

CGC Stock Price

CGC RSI Chart

CGC Valuation

Market Cap

991.7M

Price/Earnings (Trailing)

-0.32

Price/Sales (Trailing)

2.07

EV/EBITDA

-0.24

Price/Free Cashflow

-1.8

CGC Price/Sales (Trailing)

CGC Profitability

EBT Margin

-660.13%

Return on Equity

-220.35%

Return on Assets

-104.01%

Free Cashflow Yield

-55.54%

CGC Fundamentals

CGC Revenue

Revenue (TTM)

478.9M

Revenue Y/Y

-26.88%

Revenue Q/Q

-10.13%

CGC Earnings

Earnings (TTM)

-3.1B

Earnings Y/Y

-140.15%

Earnings Q/Q

-17.93%

Price Action

52 Week Range

1.978.79
(Low)(High)

Last 7 days

-9.0%

Last 30 days

-11.3%

Last 90 days

-22.2%

Trailing 12 Months

-65.4%

CGC Financial Health

Current Ratio

1.73

Debt/Equity

0.23

Debt/Cashflow

-1.7

CGC Investor Care

Shares Dilution (1Y)

23.44%

Diluted EPS (TTM)

-7.44

Peers (Alternatives to Canopy Growth)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
404.8B
94.9B
-5.16% -10.64%
22.56
4.26
1.25% -14.07%
296.8B
28.5B
-5.67% 20.74%
47.53
10.4
0.79% 11.88%
272.8B
59.3B
-1.75% 40.02%
17.88
4.63
21.72% 11.27%
226.4B
100.3B
-8.43% -20.95%
7.22
2.26
23.43% 42.74%
142.7B
46.2B
-7.78% -1.12%
22.55
3.09
-0.49% -9.54%
MID-CAP
4.8B
4.5B
-0.20% -5.41%
-34.17
1.08
7.56% -104.06%
3.3B
2.2M
105.10% 171.03%
-10.52
1.5K
-80.71% -4.88%
SMALL-CAP
1.9B
667.2M
-9.96% 17.66%
31.57
2.87
15.09% 13.64%
1.6B
602.5M
-17.77% -52.80%
-2.74
2.63
18.18% -18.59%
991.7M
478.9M
-11.35% -65.42%
-0.32
2.07
-31.50% -634.70%
792.9M
285.2M
-7.22% -37.95%
3.6
2.78
-27.21% -40.28%
768.8M
114.5M
-15.28% -37.42%
-4.56
6.72
27.90% 57.40%
541.5M
29.8M
-40.95% -47.43%
-6.23
18.2
340.05% 4.35%
400.7M
51.5M
-2.49% -0.39%
-5.64
7.78
18.32% -984.05%
94.1M
2.3B
-43.99% -88.43%
-0.03
0.04
-22.53% -376.66%

Financials for Canopy Growth

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q12021Q42021Q32021Q2
Revenue-17.7%478,944,000582,218,000699,238,222816,258,444933,278,667
Gross Profit17.5%-159,254,000-193,054,000-24,012,000--
Operating Expenses185.3%2,538,229,000889,620,000762,221,000--
  S&GA Expenses-0.7%469,482,000472,756,000503,831,000--
  R&D Expenses-32,344,000----
EBITDA-1029.6%-2,968,160,000-262,760,000---
EBITDA Margin-1273.2%-6.20-0.45---
Earnings Before Taxes-859.7%-3,161,673,000-329,433,000-354,112,000--
EBT Margin-1066.7%-6.60-0.57---
Interest Expenses9.5%130,548,000119,249,00096,731,000--
Net Income-939.5%-3,141,153,000-302,181,000-427,543,000--
Net Income Margin-1163.6%-6.56-0.52---
Free Cahsflow5.5%-550,735,000-582,495,000---
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-11.2%3,0203,4023,5185,6156,309
  Current Assets-23.7%1,1731,5381,5941,7371,988
    Cash Equivalents-19.9%598747769776615
  Inventory1.3%214211206204366
  Net PPE1.1%8748659269431,080
  Goodwill4.1%1421371381,8671,988
Liabilities-9.1%1,5801,7381,8351,9852,097
  Current Liabilities25.1%679542404213239
  Long Term Debt-78.0%3211,4581,5011,510-
    LT Debt, Current41.5%4553221939.0016.00
    LT Debt, Non Current-27.3%7501,0321,2651,4921,495
Shareholder's Equity-12.3%1,4261,6251,6413,5904,143
  Retained Earnings-3.0%-8,937-8,676-8,454-6,370-5,795
  Additional Paid-In Capital-0.3%2,5102,5172,5152,5202,482
Accumulated Depreciation-15.2%212250233235-
Shares Outstanding3.1%486472398391394
Minority Interest-5.4%3.003.005.004.004.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations4.1%-544-567-520-545-516
  Share Based Compensation-1.0%33.0034.0040.0048.0054.00
Cashflow From Investing33.0%644484727231-626
Cashflow From Financing-1188.2%-145-11.26-1.61-45.53949

Risks for CGC

What is the probability of a big loss on CGC?

95.0%


Probability that Canopy Growth stock will be more than 20% underwater in next one year

86.1%


Probability that Canopy Growth stock will be more than 30% underwater in next one year.

83.0%


Probability that Canopy Growth stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CGC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Canopy Growth was unfortunately bought at previous high price.

Drawdowns

Returns for CGC

Cumulative Returns on CGC

-39.2%


5-Year Cumulative Returns

-43.0%


3-Year Cumulative Returns

What are the long-term rolling returns for CGC?

FIve years rolling returns for Canopy Growth.

Annualized Returns

Which funds bought or sold CGC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-4.81
-36,022
145,978
-%
2023-03-06
Rockefeller Capital Management L.P.
added
23.53
2,000
23,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
-429
1,571
-%
2023-02-27
Parallax Volatility Advisers, L.P.
new
-
301,397
301,397
-%
2023-02-24
SRS Capital Advisors, Inc.
reduced
-97.18
-12,695
305
-%
2023-02-24
NATIXIS
new
-
4,851
4,851
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
reduced
-17.73
-17,390
39,610
-%
2023-02-17
Coppell Advisory Solutions Corp.
new
-
5,768
5,768
-%
2023-02-17
TRUIST FINANCIAL CORP
reduced
-12.67
-15,514
43,486
-%
2023-02-16
MAVERICK CAPITAL LTD
added
157
123,891
227,891
-%

1–10 of 42

Latest Funds Activity

Are funds buying CGC calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CGC
No. of Funds

Canopy Growth News

Investing.com

Toronto stocks fall for second week on energy, financial companies ....

Investing.com,
2 days ago

InvestorsObserver

InvestorsObserver

Green Market Report

InvestorPlace

The Motley Fool

InvestorsObserver

The Dales Report

Schedule 13G FIlings of Canopy Growth

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Oct 26, 2022
greenstar canada investment limited partnership
13.9%
66,999,258
SC 13D/A
Jul 19, 2022
greenstar canada investment limited partnership
14.0%
66,999,258
SC 13D/A
Jul 01, 2022
greenstar canada investment limited partnership
13.0%
59,683,716
SC 13D/A
Apr 29, 2021
cbg holdings llc
47.3%
244,245,453
SC 13D/A
May 04, 2020
greenstar canada investment limited partnership
10.2%
37,753,802
SC 13D/A

CGC Fair Value

Canopy Growth fair value in different scenarios

The table shows the Fair Value estimates for Canopy Growth for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

0.69

-66.18%

0.74

-63.73%

0.83

-59.31%

1.04

-49.02%

1.28

-37.25%
Current Inflation

0.68

-66.67%

0.73

-64.22%

0.81

-60.29%

1.00

-50.98%

1.21

-40.69%
Very High Inflation

0.68

-66.67%

0.72

-64.71%

0.79

-61.27%

0.94

-53.92%

1.12

-45.10%

Historical Canopy Growth Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Canopy Growth

View All Filings
Date Filed Form Type Document
Feb 21, 2023
8-K
Current Report
Feb 21, 2023
S-3ASR
S-3ASR
Feb 09, 2023
10-Q
Quarterly Report
Feb 09, 2023
8-K
Current Report
Jan 17, 2023
PRER14A
PRER14A
Jan 03, 2023
8-K
Current Report
Dec 30, 2022
4
Insider Trading
Dec 30, 2022
4
Insider Trading
Dec 30, 2022
4
Insider Trading
Dec 15, 2022
8-K
Current Report

Latest Insider Trading transactions for CGC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-28
SCHMELING JUDY
sold
-15,966
2.97
-5,376
-
2022-12-28
Yanofsky Theresa
sold
-33,118
2.97
-11,151
-
2022-12-28
Lazzarato David Angelo
sold
-33,261
2.97
-11,199
-
2022-09-30
Yanofsky Theresa
sold (taxes)
-14,547
3.92
-3,711
-
2022-09-30
Lazzarato David Angelo
sold (taxes)
-14,605
3.92
-3,726
-
2022-09-30
SCHMELING JUDY
sold (taxes)
-7,012
3.92
-1,789
-
2022-06-30
Lazzarato David Angelo
sold (taxes)
-13,808
3.71
-3,722
-
2022-06-30
Yanofsky Theresa
sold (taxes)
-13,753
3.71
-3,707
-
2022-06-29
CONSTELLATION BRANDS, INC.
acquired
-
-
21,929,900
-
2022-06-29
CONSTELLATION BRANDS, INC.
acquired
76,754,800
2.6245
29,245,500
-

1–10 of 50

David E. Klein
3260
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in Canada, the United States, and Germany. It operates through two segments, Global Cannabis and Other Consumer Products. The company's products include dried cannabis flower, extracts and concentrates, beverages, gummies, and vapes. It offers its products under the Tweed, 7ACRES, 7ACRES Craft Collective, DOJA, Ace Valley, Quatreau, Deep Space, First + Free, Surity Pro, Spectrum Therapeutics, Vert, Tokyo Smoke, Twd, Martha Stewart CBD, DNA Genetics, BioSteel, Storz & Bickel, This Works, HiWay, Simple Stash, Whisl, and Truverra brands. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation was incorporated in 2009 and is headquartered in Smiths Falls, Canada.

CGC Income Statement

2022-09-30
Condensed Interim Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - CAD ($)
$ in Thousands
3 Months Ended6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenue$ 130,359$ 145,648$ 253,221$ 301,071
Excise taxes12,49614,27425,24333,488
Net revenue117,863131,374227,978267,583
Cost of goods sold114,042202,514225,549311,485
Gross margin3,821(71,140)2,429(43,902)
Operating expenses    
Selling, general and administrative expenses125,842125,756229,255238,330
Share-based compensation9,85815,95315,29729,079
Asset impairment and restructuring costs43,9682,5101,771,95391,759
Total operating expenses179,668144,2192,016,505359,168
Operating loss(175,847)(215,359)(2,014,076)(403,070)
Loss from equity method investments   (100)
Other income (expense), net(47,844)195,821(293,422)776,487
(Loss) income before income taxes(223,691)(19,538)(2,307,498)373,317
Income tax (expense) recovery(8,220)3,207(11,969)307
Net (loss) income(231,911)(16,331)(2,319,467)373,624
Net loss attributable to noncontrolling interests and redeemable noncontrolling interest(10,105)(5,273)(14,513)(7,736)
Net (loss) income attributable to Canopy Growth Corporation$ (221,806)$ (11,058)$ (2,304,954)$ 381,360
Basic (loss) earnings per share$ (0.47)$ (0.03)$ (5.30)$ 0.98
Basic weighted average common shares outstanding471,592,150393,274,758435,229,653388,696,975
Diluted (loss) earnings per share$ (0.47)$ (0.03)$ (5.30)$ 0.72
Diluted weighted average common shares outstanding471,592,150393,274,758435,229,653409,158,915
Comprehensive (loss) income:    
Net (loss) income$ (231,911)$ (16,331)$ (2,319,467)$ 373,624
Other comprehensive income (loss), net of income tax effect    
Fair value changes of own credit risk of financial liabilities1,2499,42028,30910,080
Foreign currency translation9,01524,6509,773(3,288)
Total other comprehensive income (loss), net of income tax effect10,26434,07038,0826,792
Comprehensive (loss) income(221,647)17,739(2,281,385)380,416
Comprehensive loss attributable to noncontrolling interests and redeemable noncontrolling interest(10,105)(5,273)(14,513)(7,736)
Comprehensive (loss) income attributable to Canopy Growth Corporation$ (211,542)$ 23,012$ (2,266,872)$ 388,152

CGC Balance Sheet

2022-09-30
Condensed Interim Consolidated Balance Sheets (Unaudited) - CAD ($)
$ in Thousands
Sep. 30, 2022
Mar. 31, 2022
Current assets:  
Cash and cash equivalents$ 746,719$ 776,005
Short-term investments396,702595,651
Restricted short-term investments12,35212,216
Amounts receivable, net108,23696,443
Inventory211,209204,387
Prepaid expenses and other assets62,95752,700
Total current assets1,538,1751,737,402
Other financial assets625,059800,328
Property, plant and equipment864,523942,780
Intangible assets223,501252,695
Goodwill136,5131,866,503
Other assets14,49915,342
Total assets3,402,2705,615,050
Current liabilities:  
Accounts payable68,20364,270
Other accrued expenses and liabilities88,57775,278
Current portion of long-term debt321,9769,296
Other liabilities63,64564,054
Total current liabilities542,401212,898
Long-term debt1,032,1341,491,695
Deferred income tax liabilities9,75815,991
Liability arising from Acreage Arrangement 47,000
Derivative liability69126,920
Other liabilities153,257190,049
Total liabilities1,738,2411,984,553
Commitments and contingencies
Redeemable noncontrolling interest35,90036,200
Canopy Growth Corporation shareholders' equity:  
Common shares - $nil par value; Authorized - unlimited number of shares; Issued - 480,260,882 shares and 394,422,604 shares, respectively7,818,0897,482,809
Additional paid-in capital2,516,8112,519,766
Accumulated other comprehensive loss(33,707)(42,282)
Deficit(8,676,020)(6,370,337)
Total Canopy Growth Corporation shareholders' equity1,625,1733,589,956
Noncontrolling interests2,9564,341
Total shareholders' equity1,628,1293,594,297
Total liabilities and shareholders' equity$ 3,402,270$ 5,615,050