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Added to YB: 2024-10-03

Pitch date: 2024-09-26

SNDL [bullish]

SNDL Inc.

+9.95%

current return

Author Info

No bio for this author

Company Info

SNDL Inc. engages in the production, distribution, and sale of cannabis products for the adult-use market in Canada.

Market Cap

$606.5M

Pitch Price

$2.01

Price Target

4.00 (+81%)

Dividend

N/A

EV/EBITDA

-9.58

P/E

-6.63

EV/Sales

0.55

Sector

Pharmaceuticals

Category

special_situation

Show full summary:
SNDL Inc. (SNDL) Undervalued: Misunderstood Ownership and Florida Vote Could Drive Re-Rating

SNDL: Misunderstood ownership structure (100% economic interest in SunStream, not 50%) creates $1.5-2/sh value gap on $2 stock. Trading in line with Canadian peers, but US assets (2/3 of Parallel in FL) not priced in. FL vote soon could catalyze re-rating. $500M market cap undervalues FL exposure by hundreds of millions.

Read full article (1 min)