RE:RE:RE:Fair Value - Supreme FIRE has upside, or does everyone else have downside?
knowing our luck with FIRR, the sector crashes down to 4x, not the other sub around :P
johnale wrote:
Abdolutely- Here is up to date EV/revenue multiples (takes debt/cash position into considration) as of Friday - for last Q annualized. (From Todd Harrison Twitter)
Canopy - 36x
Tilray/Aphria - 41x
Cronos - 74x
Sundial - 70x
Aurora - 12x
village Farms - 19x
Hexo - 11x
Organigram - 15x
Supreme Cannabis today - 4x !!!!!!!
it's INSANITY. Obviously supreme has a chance to catch up as these numbers from las Q circulate.
but my goodness do we have some upside.
Pedal2themetal7 wrote:
It had been a while since I reviewed other companies financials, so I decided to deep dive into 7 of the supposedly superior companies, and at the moment I'm happy with my choice of being with Supreme.
Numerous companies are only at their level because of deep pockets and not performance. Some of them have dug themselves a deep hole and the future looks pretty grim.
If Beena keeps on delivering, and I'm realistic and aware the growth will be gradual but by the end of 2021 unless things change drastically their balance sheet will be in the top three if not higher, with very minor losses, and higher revenues.
When examining those companies valuation compared to Supreme, this company could easily justify a SP of $1.00.
Wait and see what happens the next few weeks. IMHO