Here is Sundial Growers SNDL Stock Forecast using a discounted cash flow statement and Sundial Growers News to determine the future SNDL Stock forecast 2022. For all pot stocks that I cover, I use discounted cash flow statements to show future revenue, future EBITDA profits and the potential stock projections for pot stocks in 2022.
Sundial Growers SNDL Stock Forecast
Sundial Growers Inc. logo (CNW Group/Sundial Growers Inc.)
Here is the methodology for SNDL Stock forecast using a discounted cash flow statement. Below, you can find the appropriate information on my SNDL Stock forecast and what to expect with Sundial Growers SNDL news:
| Assumptions | ||
|---|---|---|
| Tax Rate | 25% | |
| Discount Rate | 8% | |
| Perpetural Growth Rate | 25% | |
| EV/EBITDA Mulltiple | 75.0x | |
| Transaction Date | December 31, 2021 | |
| Fiscal Year End | 12/31/21 | |
| Current Price | $0.663 | |
| Market Capitalization | $1.19B | |
| Debt | $66,000,000 | |
| Cash | $589,000,000 |
| Market Value | ||
|---|---|---|
| Market Cap | $1,193,000,000.000 | |
| Plus: Debt | $66,000,000.000 | |
| Less: Cash | $589,000,000.000 | |
| Enterprise Value | $670,000,000.000 | |
| Equity Value/Share | $0.663 |
| Unlevered FCF | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $400,000,000 | $500,000,000 | $600,000,000 | $750,000,000 | $1,000,000,000 |
| EBIT | $100,000,000 | $137,500,000 | $180,000,000 | $243,750,000 | $350,000,000 |
| Tax | $0 | $5,000,000 | $7,500,000 | $12,500,000 | $17,500,000 |
| Depreciation & Amortization | $30,187,000 | $45,000,000 | $50,000,000 | $55,000,000 | $60,000,000 |
| Change in Net Working Capital | -$25,000,000 | $0 | $15,000,000 | $35,000,000 | $50,000,000 |
| Capex | -$10,000,000 | -$15,000,000 | -$17,500,000 | -$22,500,000 | -$25,000,000 |
| Unlevered FCF | $95,187,000 | $172,500,000 | $235,000,000 | $323,750,000 | $452,500,000 |
| Unlevered FCF | 2022 | 2023 | 2024 | 2025 | 2026 |
| Discounted Cash Flow | Entry | 2022 | 2023 | 2024 | 2025 | 2026 | Exit | |
|---|---|---|---|---|---|---|---|---|
| Date | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | Dec 31, 2026 | |
| Time Periods | 1 | 2 | 3 | 4 | 5 | |||
| Year Fraction | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |||
| EBIT | $10,000,0000 | $137,500,000 | $180,000,000 | $243,750,000 | $350,000,000 | |||
| Less: Cash Taxes | $25,000,000 | $34,375,000 | $45,000,000 | $60,937,000 | $87,500,000 | |||
| Plus: D&A | $10,000,000 | $12,500,000 | $15,000,000 | $17,500,000 | $20,000,000 | |||
| Less: Capex | $25,000,000 | $30,000,000 | $45,000,000 | $60,000,000 | $75,000,000 | |||
| Less: Changes in NWC | -$100,000 | $300,000 | $400,000 | $500,000 | $600,000 | |||
| Unlevered FCF | 1 | -$64,808,000 | $85,325,000 | $104,600,000 | $139,813,000 | $206,900,000 | ||
| (Entry)/Exit | -$670M | |||||||
| Transaction CF | - 0 | -$64,808,000 | $85,325,000 | $104,600,000 | $139,813,000 | $206,900,000 | ||
| Transaction CF | -$670M | -$64,808,000 | $85,325,000 | $104,600,000 | $139,813,000 | $206,900,000 |
| Rate of Return | ||
|---|---|---|
| Target Price Upside | 720% | |
| Internal Rate of Return (IRR) | 86% | |
| Market Value vs Intrinsic Value | ||
| Market Value | $0.663 | |
| Upside | $4.77 | |
| Intrinsic Value | $5.44 |
Sundial Growers SNDL Stock Forecast for Financial Charts
For visual on Sundial Growers Financial charts for Q3:
Sundial Growers Q3 Total Equity
Sundial Growers SNDL Stock Financial Statements
Quarterly Revenue
| March 2019 | June 2019 | September 2019 | December 2019 | March 2020 | June 2020 | September 2020 | December 2020 | March 2021 | June 2021 | September 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | $1.1 | $14.7 | $21.2 | $11.4 | $10.0 | $14.9 | $9.7 | $10.9 | $7.9 | $7.4 | $11.3 | |
| Cost of Goods | $1.1 | $14.6 | $10.9 | $9.7 | $17.4 | $26.0 | $24.3 | $14.6 | $10.6 | $9.7 | $9.9 | |
| Gross Income | $0.0 | $0.1 | $10.3 | $1.7 | -$7.4 | -$11.1 | -$14.6 | -$3.7 | -$2.7 | -$2.3 | $1.4 | |
| Gross Profit Margin | 0.0% | 0.7% | 48.6% | 14.9% | -74.0% | -74.5% | -150.5% | -33.9% | -34.2% | -31.1% | 12.4% |
Data Source: Sundial Growers Author's Graph All data in USD
Quarterly Operating Costs & Profits
| March 2019 | June 2019 | September 2019 | December 2019 | March 2020 | June 2020 | September 2020 | December 2020 | March 2021 | June 2021 | September 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | $1.1 | $14.7 | $21.2 | $11.4 | $10.0 | $14.9 | $9.7 | $10.9 | $7.9 | $7.4 | $11.3 | |
| Total Operating Expenses | $14.3 | $17.8 | $17.2 | $18.1 | $10.4 | $9.4 | $9.7 | $9.2 | $10.2 | $14.2 | $12.5 | |
| Operating Income | -$14.3 | -$17.7 | -$6.9 | -$16.4 | -$17.8 | -$20.5 | -$24.3 | -$12.9 | -$12.9 | -$16.5 | -$11.1 | |
| Operating Efficiency | 1300.0% | 121.1% | 81.1% | 158.8% | 104.0% | 63.1% | 100.0% | 84.4% | 129.1% | 191.9% | 110.6% |
Data Source: Operating Costs Author's Graph All amounts in USD
Quarterly Costs & Profits from Continuing Operations
| March 2019 | June 2019 | September 2019 | December 2019 | March 2020 | June 2020 | September 2020 | December 2020 | March 2021 | June 2021 | September 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Expense | -$2.1 | -$3.3 | -$6.1 | -$3.5 | -$4.1 | -$1.2 | -$0.9 | -$1.8 | $12.5 | $4.6 | $2.5 | |
| Other Non-Operating Income | $0.0 | -$2.8 | -$46.6 | $47.3 | -$0.2 | $0.8 | $14.6 | -$20.6 | -$106.0 | $15.3 | $19.0 | |
| EBT Excl. Unusual Items | -$15.1 | -$9.4 | -$59.7 | $26.8 | -$21.0 | -$20.5 | -$10.5 | -$37.0 | -$106.1 | $6.2 | $19.4 | |
| EBT Inc. Unusual Items | -$15.2 | -$9.4 | -$64.5 | -$21.7 | -$27.3 | -$23.2 | -$53.6 | -$50.4 | -$106.9 | -$42.2 | $1.0 | |
| Tax | -$2.7 | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 | -$7.9 | |
| Earnings From Cont. Ops. | -$12.5 | -$9.4 | -$64.5 | -$21.7 | -$27.3 | -$23.2 | -$53.6 | -$50.4 | -$107.0 | -$42.2 | $8.9 |
Data Source: Sundial Growers Author's Graph All Numbers in USD
Quarterly Net Income
| March 2019 | June 2019 | September 2019 | December 2019 | March 2020 | June 2020 | September 2020 | December 2020 | March 2021 | June 2021 | September 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | -$12.5 | -$9.4 | -$73.6 | -$111.7 | -$31.2 | -$44.4 | -$53.6 | -$50.3 | -$106.9 | -$42.2 | $8.9 | |
| Diluted EPS | -$0.18 | -$0.13 | -$0.80 | -$1.05 | -$0.29 | -$0.42 | -$0.40 | -$0.10 | -$0.07 | -$0.02 | $0.00 | |
| Dividend Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| EBITDA | -$12.4 | -$2.0 | -$5.6 | -$13.3 | -$15.8 | -$17.4 | -$22.0 | -$4.5 | $2.8 | -$14.6 | -$8.4 | |
| EBITDA/Revenue | -1127.3% | -13.6% | -26.4% | -116.7% | -158.0% | -116.8% | -226.8% | -41.3% | 34.8% | -197.3% | -74.3% |
Data Source: Sundial Growers Author's Graph All Numbers in USD
Quarterly Net Income
| March 2020 | June 2020 | September 2020 | December 2020 | March 2021 | June 2021 | September 2021 | ||
|---|---|---|---|---|---|---|---|---|
| Cash On Hand | $15.0 | $15.9 | $15.8 | $47.4 | $721.7 | $795.1 | $593.5 | |
| Free Cash Flow | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| Total Assets | $340.7 | $222.9 | $170.5 | $231.7 | $914.8 | $1138.0 | $1148.0 | |
| Total Liabilities | $212.2 | $141.3 | $114.0 | $19.8 | $77.9 | $64.4 | $66.0 | |
| Total Equity | $128.5 | $81.6 | $56.5 | $211.9 | $836.9 | $1073.6 | $1082.0 | |
| Cash/Debt Ratio | 7.1% | 11.3% | 13.9% | 239.4% | 926.4% | 1234.6% | 899.2% | |
| Book Value Per Share | $1.17 | $0.75 | $0.26 | $0.23 | $0.47 | $0.53 | $0.53 |
Data Source: Sundial Growers Author's Graph All Numbers in USD
Inner Spirit Holdings INSHF Stock Financial Statements
Quarterly Revenue
| March 2018 | June 2018 | September 2018 | March 2019 | June 2019 | September 2019 | March 2020 | June 2020 | September 2020 | December 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | $0.8 | $0.9 | $1.2 | $0.3 | $0.6 | $2.4 | $2.9 | $4.0 | $6.1 | $7.2 | |
| Cost of Goods | $0.4 | $0.5 | $0.7 | $0.2 | $0.3 | $1.3 | $1.5 | $2.1 | $3.3 | $3.7 | |
| Gross Income | $0.4 | $0.4 | $0.5 | $0.1 | $0.3 | $1.1 | $1.4 | $1.9 | $2.8 | $3.5 | |
| Gross Profit Margin | 50.0% | 44.4% | 41.7% | 33.3% | 50.0% | 45.8% | 48.3% | 47.5% | 45.9% | 48.6% |
Data Source: Inner Spirit Holdings Author's Graph All data in USD
Quarterly Operating Costs & Profits
| March 2018 | June 2018 | September 2018 | March 2019 | June 2019 | September 2019 | March 2020 | June 2020 | September 2020 | December 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | $0.8 | $0.9 | $1.2 | $0.3 | $0.6 | $2.4 | $2.9 | $4.0 | $6.1 | $7.2 | |
| Total Operating Expenses | $1.1 | $1.3 | $1.4 | $1.5 | $2.3 | $1.9 | $1.9 | $2.1 | $2.4 | $2.7 | |
| Operating Efficiency | 137.5% | 144.4% | 116.7% | 500.0% | 383.3% | 79.2% | 65.5% | 52.5% | 39.3% | 37.5% | |
| Operating Income | -$0.7 | -$0.9 | -$0.9 | -$1.4 | -$2.0 | -$0.8 | -$0.5 | -$0.2 | $0.4 | $0.8 |
Data Source: Inner Spirit Holdings Author's Graph All amounts in USD
Quarterly Costs & Profits from Continuing Operations
| March 2018 | June 2018 | September 2018 | March 2019 | June 2019 | September 2019 | March 2020 | June 2020 | September 2020 | December 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Expense | $0.0 | $0.0 | $0.0 | ($0.1) | ($0.2) | ($0.3) | ($0.4) | ($0.3) | ($0.4) | ($0.4) | |
| Other Non-Operating Income | $0.0 | - | - | - | - | - | ($0.3) | ($0.4) | ($0.4) | $0.5 | |
| EBT Inc. Unusual Items | ($0.7) | ($0.9) | ($0.9) | ($1.4) | ($2.1) | ($1.0) | ($1.1) | ($0.9) | ($0.4) | $0.9 | |
| EBT Excl. Unusual Items | ($1.1) | ($1.4) | ($0.7) | ($1.3) | ($1.9) | ($1.8) | ($1.4) | ($0.9) | ($0.8) | $0.9 | |
| Tax | - | - | - | - | - | - | - | - | - | - | |
| Earnings From Cont. Ops. | ($1.1) | ($1.4) | ($0.7) | ($1.3) | ($1.9) | ($1.8) | ($1.4) | ($0.9) | ($0.8) | $0.9 |
Data Source: Inner Spirit Holdings Author's Graph All Numbers in USD
Quarterly Net Income
| March 2020 | June 2018 | September 2018 | March 2019 | June 2019 | September 2019 | March 2020 | June 2020 | September 2020 | December 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | ($1.1) | ($1.4) | ($0.7) | ($1.5) | ($2.1) | ($1.8) | ($1.4) | ($0.9) | ($0.8) | $0.8 | |
| Diluted EPS | ($0.01) | ($0.02) | ($0.01) | ($0.01) | ($0.02) | ($0.01) | ($0.01) | $0.00 | $0.00 | $0.00 | |
| Dividend Per Share | - | - | - | - | - | - | - | - | |||
| EBITDA | ($0.7) | ($0.8) | ($0.9) | ($1.2) | ($1.8) | ($0.5) | ($0.2) | $0.0 | $0.7 | $1.1 |
Data Source: Inner Spirit Holdings Author's Graph All Numbers in USD
Visit the Sundial Growers SNDL Stock Forum
Find out what others have to say about Sundial Growers SNDL stock in the Sundial Growers SNDL Stock Forum
