OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS
OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS
Home » Week of 5/29/23-6/2/23
The Viridian Value Tracker is the most comprehensive valuation product in the industry.
Our sector trackers include ratios applicable to value companies with no analyst coverage and the more typical EV/ Revenues and EV/ EBITDA measures. For each valuation measure, we present the values for the lowest 25% of companies, the median, and the highest 25%. This gives investors a better understanding of the spread of values than a simple average, often presented but frequently seriously flawed by outliers. The median EV/ annualized revenues for the 20 Agriculture Technology sector companies in the Viridian Capital Advisors database is now 1.16x, a modest recovery from the sub-1x coverage we saw at the beginning of the year. The seven larger, analyst-covered companies still trade at a median EV/ 2023 revenues of only .66x.
Our sector trackers include ratios applicable to value companies with no analyst coverage and the more typical EV/ Revenues and EV/ EBITDA measures. For each valuation measure, we present the values for the lowest 25% of companies, the median, and the highest 25%. This gives investors a better understanding of the spread of values than a simple average, often presented but frequently seriously flawed by outliers. The median EV/ annualized revenues for the 20 Agriculture Technology sector companies in the Viridian Capital Advisors database is now 1.16x, a modest recovery from the sub-1x coverage we saw at the beginning of the year. The seven larger, analyst-covered companies still trade at a median EV/ 2023 revenues of only .66x.
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