Nova Cannabis Inc.

Nova Cannabis Inc.verified

NVACF

Price:

$1.27

Market Cap:

$107.57M

Nova Cannabis Inc. engages in the operation of retail cannabis stores with a focus on the recreational-use cannabis market in Canada. As of March 31, 2022, the company operated 78 cannabis stores in Alberta, Ontario, and Saskatchewan. The company is headquartered in Edmonton, Canada. Nova Cannabis Inc. is a subsidiary of Alcanna Inc.[Read more]

Industry

Medical - Pharmaceuticals

IPO Date

2021-03-24

Stock Exchange

PNK

Ticker

NVACF

The ROE as of September 2024 (TTM) for Nova Cannabis Inc. (NVACF) is 5.84%

According to Nova Cannabis Inc.’s latest financial reports and current stock price. The company's current ROE is 5.84%. This represents a change of 299.25% compared to the average of 1.46% of the last 4 quarters.

Nova Cannabis Inc. (NVACF) Historical ROE (quarterly & annually)

How has NVACF ROE performed in the past?

The mean historical ROE of Nova Cannabis Inc. over the last ten years is 440.95%. The current 5.84% ROE has changed -98.67% with respect to the historical average. Over the past ten years (40 quarters), NVACF's ROE was at its highest in in the December 2019 quarter at 77.62%. The ROE was at its lowest in in the December 2020 quarter at -47.22%.

Quarterly (TTM)
Annual

Average

440.95%

Median

-23.43%

Minimum

-178.56%

Maximum

4.23%

Nova Cannabis Inc. (NVACF) ROE by Quarter and Year

Discovering the peaks and valleys of Nova Cannabis Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 367.65%

Maximum Annual ROE = 4.23%

Minimum Annual Increase = -293.69%

Minimum Annual ROE = -178.56%

Quarterly (TTM)
Annual
YearROEChange
20235.95%-125.41%
2022-23.43%-33.20%
2021-35.08%-16.93%
2020-42.22%367.65%
2019-9.03%-86.81%
2018-68.44%-61.67%
2017-178.56%-293.69%
201692.19%-97.82%

Nova Cannabis Inc. (NVACF) Average ROE

How has NVACF ROE performed in the past?

The current ROE of Nova Cannabis Inc. (NVACF) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-17.52%

5-year avg

-20.76%

10-year avg

440.95%

Nova Cannabis Inc. (NVACF) ROE vs. Peers

How is NVACF’s ROE compared to its peers?

Nova Cannabis Inc.’s ROE is less than GABY Inc. (18.97%), less than HealthWarehouse.com, Inc. (37.94%), greater than Fire & Flower Holdings Corp. (-97.46%), less than Leafly Holdings, Inc. (46.49%), less than Leafly Holdings, Inc. (46.49%), greater than TRxADE HEALTH, Inc. (-272.11%), greater than SunLink Health Systems, Inc. (-49.85%), greater than Kiaro Holdings Corp. (-147.19%),

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