Aurora Cannabis Stock EBITDA
| ACB Stock | USD 6.46 0.08 1.22% |
Aurora Cannabis fundamentals help investors to digest information that contributes to Aurora Cannabis' financial success or failures. It also enables traders to predict the movement of Aurora Stock. The fundamental analysis module provides a way to measure Aurora Cannabis' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aurora Cannabis stock.
| Last Reported | Projected for Next Year | ||
| EBITDA | -189.7 M | -180.2 M |
Aurora | EBITDA |
Aurora Cannabis Company EBITDA Analysis
Aurora Cannabis' EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Aurora Cannabis EBITDA | (210.74 M) |
Most of Aurora Cannabis' fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Aurora Cannabis is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Aurora EBITDA Driver Correlations
Understanding the fundamental principles of building solid financial models for Aurora Cannabis is extremely important. It helps to project a fair market value of Aurora Stock properly, considering its historical fundamentals such as EBITDA. Since Aurora Cannabis' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Aurora Cannabis' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Aurora Cannabis' interrelated accounts and indicators.
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In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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Aurora Ebitda
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According to the company disclosure, Aurora Cannabis reported earnings before interest,tax, depreciation and amortization of (210.74 Million). This is 124.02% lower than that of the Pharmaceuticals sector and significantly lower than that of the Health Care industry. The ebitda for all United States stocks is 105.41% higher than that of the company.
Aurora EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aurora Cannabis' direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aurora Cannabis could also be used in its relative valuation, which is a method of valuing Aurora Cannabis by comparing valuation metrics of similar companies.Aurora Cannabis is currently under evaluation in ebitda category among related companies.
Aurora Cannabis Current Valuation Drivers
We derive many important indicators used in calculating different scores of Aurora Cannabis from analyzing Aurora Cannabis' financial statements. These drivers represent accounts that assess Aurora Cannabis' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Aurora Cannabis' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.6B | 1.9B | 3.7B | 304.2M | 273.8M | 260.1M | |
| Enterprise Value | 2.0B | 1.9B | 3.5B | 230.9M | 207.8M | 197.4M |
Aurora Cannabis Institutional Holders
Institutional Holdings refers to the ownership stake in Aurora Cannabis that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Aurora Cannabis' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Aurora Cannabis' value.| Shares | Two Sigma Advisers, Llc | 2023-12-31 | 294.8 K | Amvescap Plc. | 2023-12-31 | 269.4 K | Barclays Plc | 2023-12-31 | 222.6 K | Greenwich Wealth Management Llc | 2023-12-31 | 200 K | Mackenzie Investments | 2023-12-31 | 200 K | Commonwealth Equity Services Inc | 2023-12-31 | 198.6 K | Lpl Financial Corp | 2023-12-31 | 171.8 K | Goldman Sachs Group Inc | 2023-09-30 | 167.3 K | Creative Planning Inc | 2023-12-31 | 152.6 K | Renaissance Technologies Corp | 2023-12-31 | 10.3 M | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 2.6 M |
Aurora Fundamentals
| Return On Equity | -1.37 | ||||
| Return On Asset | -0.0826 | ||||
| Profit Margin | 1.52 % | ||||
| Operating Margin | (0.24) % | ||||
| Current Valuation | 352.94 M | ||||
| Shares Outstanding | 54.54 M | ||||
| Shares Owned By Institutions | 6.95 % | ||||
| Number Of Shares Shorted | 5.08 M | ||||
| Price To Earning | 46.94 X | ||||
| Price To Book | 0.95 X | ||||
| Price To Sales | 1.31 X | ||||
| Revenue | 233.29 M | ||||
| Gross Profit | 21.23 M | ||||
| EBITDA | (210.74 M) | ||||
| Net Income | (265.33 M) | ||||
| Cash And Equivalents | 439.14 M | ||||
| Cash Per Share | 1.46 X | ||||
| Total Debt | 227.52 M | ||||
| Debt To Equity | 0.41 % | ||||
| Current Ratio | 5.13 X | ||||
| Book Value Per Share | 10.85 X | ||||
| Cash Flow From Operations | (115.82 M) | ||||
| Short Ratio | 1.36 X | ||||
| Earnings Per Share | (57.31) X | ||||
| Target Price | 31.66 | ||||
| Number Of Employees | 1.13 K | ||||
| Beta | 2.93 | ||||
| Market Capitalization | 357.06 M | ||||
| Total Asset | 926.32 M | ||||
| Retained Earnings | (6.3 B) | ||||
| Working Capital | 599.89 M | ||||
| Current Asset | 174.76 M | ||||
| Current Liabilities | 105.1 M | ||||
| Net Asset | 926.32 M |
About Aurora Cannabis Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aurora Cannabis's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aurora Cannabis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aurora Cannabis based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Aurora Cannabis Investors Sentiment
The influence of Aurora Cannabis' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Aurora. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Aurora Cannabis' public news can be used to forecast risks associated with an investment in Aurora. The trend in average sentiment can be used to explain how an investor holding Aurora can time the market purely based on public headlines and social activities around Aurora Cannabis. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Aurora Cannabis' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Aurora Cannabis' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Aurora Cannabis' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Aurora Cannabis.
Aurora Cannabis Implied Volatility | 220.81 |
Aurora Cannabis' implied volatility exposes the market's sentiment of Aurora Cannabis stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Aurora Cannabis' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Aurora Cannabis stock will not fluctuate a lot when Aurora Cannabis' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aurora Cannabis in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aurora Cannabis' short interest history, or implied volatility extrapolated from Aurora Cannabis options trading.
Pair Trading with Aurora Cannabis
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aurora Cannabis position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aurora Cannabis will appreciate offsetting losses from the drop in the long position's value.Moving together with Aurora Stock
| 0.68 | YS | YS Biopharma Report 22nd of April 2024 | PairCorr |
Moving against Aurora Stock
| 0.84 | VERV | Verve Therapeutics Sell-off Trend | PairCorr |
| 0.71 | VAXX | Vaxxinity Financial Report 14th of May 2024 | PairCorr |
| 0.56 | VCNX | Vaccinex | PairCorr |
| 0.55 | DMAC | DiaMedica Therapeutics Financial Report 20th of May 2024 | PairCorr |
| 0.48 | DRUG | Bright Minds Biosciences | PairCorr |
The ability to find closely correlated positions to Aurora Cannabis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aurora Cannabis when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aurora Cannabis - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aurora Cannabis to buy it.
The correlation of Aurora Cannabis is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aurora Cannabis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aurora Cannabis moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aurora Cannabis can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Aurora Cannabis Piotroski F Score and Aurora Cannabis Altman Z Score analysis. For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.Note that the Aurora Cannabis information on this page should be used as a complementary analysis to other Aurora Cannabis' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Aurora Stock analysis
When running Aurora Cannabis' price analysis, check to measure Aurora Cannabis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aurora Cannabis is operating at the current time. Most of Aurora Cannabis' value examination focuses on studying past and present price action to predict the probability of Aurora Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Cannabis' price. Additionally, you may evaluate how the addition of Aurora Cannabis to your portfolios can decrease your overall portfolio volatility.
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| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is Aurora Cannabis' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aurora Cannabis. If investors know Aurora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aurora Cannabis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share (57.31) | Revenue Per Share 6.784 | Quarterly Revenue Growth 0.055 | Return On Assets (0.08) |
The market value of Aurora Cannabis is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Aurora Cannabis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aurora Cannabis' market value can be influenced by many factors that don't directly affect Aurora Cannabis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aurora Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Cannabis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.