Added to YB: 2025-02-05
Pitch date: 2025-02-04
CRON [bullish]
Cronos Group Inc.
+70.31%
current return
Author Info
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Company Info
Cronos Group Inc., a cannabinoid company, engages in the cultivation, production, distribution, and marketing of cannabis products in Canada, Israel, and internationally.
Market Cap
CAD 940.9M
Pitch Price
CAD 1.92
Price Target
2.80 (-14%)
Dividend
N/A
EV/EBITDA
-27.96
P/E
31.96
EV/Sales
1.27
Sector
Pharmaceuticals
Category
value
Idea Update - 2/3/2025 - Cronos Group Inc.
CRON: Undervalued at $1.85, trading below NCAV ($2.38) & tangible book ($2.80). $1.1B assets vs $53M liabilities. 30% revenue growth, no cash burn, expanding margins, #1 domestic brand. NTM sales $140M+. Excise tax-exempt exports boosting margins. Viewed as cannabis producer + SPAC-like cash holder. Management patient on M&A.
Read full article (2 min)