Company Valuation: Tilray Brands, Inc.

Fiscal Period: May 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 7,736 2,310 1,032 1,487 1,526 - -
Change - -70.14% -55.31% 44.03% 2.64% - -
Enterprise Value (EV) 1 8,186 2,499 1,140 1,715 1,761 1,774 1,830
Change - -69.47% -54.39% 50.43% 2.68% 0.74% 3.16%
P/E ratio -13.3x -4.99x -0.71x -5.45x -19.5x -27.4x -121x
PBR - - - - - - -
PEG - 0.2x -0x 0.1x 0.3x 0.9x 1.6x
Capitalization / Revenue 15.1x 3.68x 1.65x 1.88x 1.67x 1.59x 1.43x
EV / Revenue 16x 3.98x 1.82x 2.17x 1.92x 1.84x 1.72x
EV / EBITDA 201x 52x 18.5x 28.4x 21.7x 18.8x 14.1x
EV / EBIT -61.9x -17.5x -10.5x -9.81x -29.7x -36.4x -
EV / FCF -97.9x -11.8x -88.4x -28.5x 67.3x 28.1x 22.5x
FCF Yield -1.02% -8.46% -1.13% -3.51% 1.49% 3.56% 4.45%
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 -1.25 -0.9 -2.35 -0.33 -0.0929 -0.066 -0.015
Distribution rate - - - - - - -
Net sales 1 513.1 628.4 627.1 788.9 915.3 961.6 1,065
EBITDA 1 40.77 48.05 61.48 60.46 81.12 94.17 130.2
EBIT 1 -132.2 -142.5 -108.3 -174.7 -59.21 -48.68 -
Net income 1 -336 -434.1 -1,443 -222.4 -70.07 -58.05 -8.758
Net Debt 1 450.2 189.9 107.9 228.3 235 248 304
Reference price 2 16.670 4.490 1.670 1.800 1.810 1.810 1.810
Nbr of stocks (in thousands) 464,038 514,375 618,008 825,842 842,962 - -
Announcement Date 28/07/21 28/07/22 26/07/23 29/07/24 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

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P/E ratio EV / Sales EV / EBITDA Yield (Y) Capi. ($)
-19.38x1.91x21.6x - 1.52B
59.55x18.44x44.85x+0.56%832B
40.6x14.14x28.79x+1.24%609B
21.38x4.62x13.07x+2.80%402B
38.09x7.21x15.57x+3.18%346B
15.73x4.99x11.44x+2.61%299B
15.84x3.75x9.69x+3.73%251B
28.42x5.11x15.29x+1.95%246B
21.61x4.98x12.6x+3.25%236B
51.65x6.94x12.15x+2.74%180B
Average 27.35x 7.21x 18.51x +2.45% 340.25B
Weighted average by Cap. 37.05x 10.12x 23.60x +2.03%
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Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Tilray Brands, Inc.
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