Company Valuation: Lowell Farms Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023
Market Cap 1 251.4 64.41 31.68 10.51 2.991
Change - -74.38% -50.81% -66.83% -71.54%
Enterprise Value (EV) 1 284.3 92.14 82.86 73.21 19.06
Change - -67.6% -10.07% -11.65% -73.96%
P/E -0.54x -3.14x -1.17x -0.43x -0.06x
PBR 1.13x 1.9x 0.51x 0.24x 0.26x
PEG -0x 0x 0x 0x -0x
Capitalization / Revenue 6.79x 1.51x 0.59x 0.24x 0.11x
EV / Revenue 7.68x 2.16x 1.54x 1.68x 0.67x
EV / EBITDA -6.59x -21.9x -4.15x -5.42x -1.35x
EV / EBIT -6.45x -19x -3.96x -4.28x -1.09x
EV / FCF -11.6x -7.02x -4x -18x 223x
FCF Yield -8.63% -14.2% -25% -5.56% 0.45%
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 -15.45 -3.633 -2.719 -2.2 -2.71
Distribution rate - - - - -
Net sales 1 37.04 42.62 53.72 43.54 28.26
EBITDA 1 -43.17 -4.198 -19.95 -13.5 -14.1
EBIT 1 -44.06 -4.86 -20.94 -17.12 -17.56
Net income 1 -50.75 -12.33 -24.68 -24.56 -37.34
Net Debt 1 32.97 27.73 51.18 62.7 16.07
Reference price 2 8.400000 11.400000 3.183500 0.950000 0.165000
Nbr of stocks (in thousands) 29,926 5,650 9,952 11,061 18,126
Announcement Date 4/30/20 A 3/9/21 A 3/31/22 A 3/30/23 A 3/28/24 A
1USD in Million2USD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 18
13.48x0.41x8.53x2.87% 119B
15.36x1.89x9.44x0.68% 98.48B
-282.1x19.42x-331.64x-.--% 57.57B
13.41x1.5x9.05x2.6% 28.37B
23.1x2.58x13.1x1.41% 25.93B
22.88x2.1x12.05x0.91% 25.86B
8.09x1.45x6.57x-.--% 21.45B
29.98x5.46x22.67x2.32% 20.45B
20.05x1.8x9.03x3.54% 18.69B
Average -15.08x 4.07x -26.80x 1.59% 41.53B
Weighted average by Cap. -25.04x 4.07x -37.25x 1.58%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Lowell Farms Inc.

Historical PBR trend

Valuation ratios - PBR - Lowell Farms Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Lowell Farms Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Lowell Farms Inc.

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