Planet 13 vs Canopy Growth Which Offers More Value?

Investors interested in the cannabis industry may be considering two major players, Planet 13 and Canopy Growth, for potential investment opportunities. Planet 13 is a leading cannabis dispensary with a focus on creating a unique and immersive retail experience for customers. On the other hand, Canopy Growth is a global cannabis company known for its diverse portfolio of brands and products. Both companies have shown resilience and growth in the competitive cannabis market, making them attractive options for investors seeking exposure to this emerging industry.

Planet 13 or Canopy Growth?

When comparing Planet 13 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 Planet 13 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. Planet 13 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. Planet 13 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 Planet 13 P/E ratio at -3.46 and Canopy Growth's P/E ratio at -0.68. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Planet 13 P/B ratio is 0.83 while Canopy Growth's P/B ratio is 0.75.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Planet 13 has seen a 5-year revenue growth of 1.01%, while Canopy Growth's is 3.36%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Planet 13's ROE at -27.29% and Canopy Growth's ROE at -108.18%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $0.35 for Planet 13 and $3.05 for Canopy Growth. Over the past year, Planet 13's prices ranged from $0.32 to $0.92, with a yearly change of 192.06%. 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.