OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS

Valuation Tracker By Industry Sector

Valuation Tracker By Sector

The Viridian Value Tracker is the most comprehensive valuation product in the industry.

    • 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 08/30/2024

Weekly Sector Valuation Report – Investment/M&A Sector

  • The 28 companies in the investment / M&A sector are highly varied in size and business description. Market caps range from over $1B for Compass Diversified (CODI: Nasdaq) to much smaller organizations. Seventeen of the 28 companies have market caps of less than $10M.
  • “Blank check companies” make up over a fifth of the companies in this sector, and investment holding companies make up a significant percentage of the rest.
  • The sector trades at medians of .51x book value and approximately 1.96x annualized revenues. Only one of the companies has analyst coverage, making forward multiples unavailable.

Week ended 08/30/2024

Weekly Sector Valuation Report – Investment/M&A Sector

  • The 28 companies in the investment / M&A sector are highly varied in size and business description. Market caps range from over $1B for Compass Diversified (CODI: Nasdaq) to much smaller organizations. Seventeen of the 28 companies have market caps of less than $10M.
  • “Blank check companies” make up over a fifth of the companies in this sector, and investment holding companies make up a significant percentage of the rest.
  • The sector trades at medians of .51x book value and approximately 1.96x annualized revenues. Only one of the companies has analyst coverage, making forward multiples unavailable.

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