Aurora Cannabis vs Canopy Growth Which Is Superior?
Aurora Cannabis and Canopy Growth are two of the biggest players in the cannabis industry, known for their innovative products and strong market presence. Both stocks have experienced significant volatility in recent years, as the industry continues to evolve and regulations change. Investors are closely watching the competition between Aurora and Canopy, as they vie for market dominance and explore new opportunities for growth. Understanding the strengths and weaknesses of each company can help investors make informed decisions about their portfolios.
Aurora Cannabis or Canopy Growth?
When comparing Aurora Cannabis and Canopy Growth, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Aurora Cannabis and Canopy Growth.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Aurora Cannabis has a dividend yield of -%, while Canopy Growth has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Aurora Cannabis reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Canopy Growth reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Aurora Cannabis P/E ratio at -0.44 and Canopy Growth's P/E ratio at -0.64. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Aurora Cannabis P/B ratio is 0.52 while Canopy Growth's P/B ratio is 0.64.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Aurora Cannabis has seen a 5-year revenue growth of -0.98%, while Canopy Growth's is 4.92%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Aurora Cannabis's ROE at -118.26% and Canopy Growth's ROE at -111.67%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $4.34 for Aurora Cannabis and $3.74 for Canopy Growth. Over the past year, Aurora Cannabis's prices ranged from $2.84 to $9.35, with a yearly change of 229.23%. Canopy Growth's prices fluctuated between $2.75 and $14.92, with a yearly change of 441.56%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.