OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS
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Valuation Tracker By Industry Sector
Valuation Tracker By Sector
The Viridian Value Tracker is the most comprehensive valuation product in the industry.
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- A broad set of 12 valuation measures assures applicability, regardless of whether the company has analyst coverage or revenues. The typically presented EV/ Projected Revenues and EV/ Projected EBITDA are available for less than 1/3 of the cannabis companies we track.
- Most valuation studies present only the average valuation measures, while the Tracker goes one step further and shows the distribution of values (the quartiles, median, and dispersion) for each measure. This gives users a more complete view of how companies in the cohort group are valued.
Week ended 05/17/2024
Sector Valuation Report
- The cultivation and retail sector median valuation metrics ticked upwards very slightly this week despite a volatile market with no follow through from the beginning of the 60 day public comment period for S3.
- Median EV/ 2024 EBITDA is now 7.06x for the 34 analyst rated companies, up from 6.82x at the end of last week. Interestingly, median EV/ 2025 EBITDA declined slightly to 4.98x from 5.12x last week, which we attribute to increases in EBITDA estimates for 2025.
Week ended 05/17/2024
Sector Valuation Report
- The cultivation and retail sector median valuation metrics ticked upwards very slightly this week despite a volatile market with no follow through from the beginning of the 60 day public comment period for S3.
- Median EV/ 2024 EBITDA is now 7.06x for the 34 analyst rated companies, up from 6.82x at the end of last week. Interestingly, median EV/ 2025 EBITDA declined slightly to 4.98x from 5.12x last week, which we attribute to increases in EBITDA estimates for 2025.
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