CGC vs CRON vs VFF Stock Comparison

Canopy Growth, Cronos and Village Farms International Prices as of Oct 26, 2026 Peers: Industry group
CGC Canopy Growth Corp
$0.67 -28.7% 1M -50.4% 1Y
Market cap
$289.88M
P/E
–
Revenue (TTM)
$271.79M
Div. yield
–
Cannabis Consumer Staples
CRON Cronos Group Inc.
$3.31 -0.9% 1M +31.3% 1Y
Market cap
$1.25B
P/E
17.9x
Revenue (TTM)
$236.78M
Div. yield
–
Cannabis Consumer Staples
7 wins

Head to Head

11 decided of 12

Cronos leads on 7 of the 12 questions below (Cronos 7, Village Farms International 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCGCCRONVFFLeader
Larger companyMarket capitalisation $289.88M $1.25B $295.71M CRON
Cheaper on earningsLower P/E, profitable companies only -1.7x 17.9x 13.0x VFF
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 20.7x 14.9x VFF
Faster revenue growthRevenue growth, trailing twelve months +13.1% +36.1% +15.3% CRON
More profitableNet margin, trailing twelve months -62.1% 29.6% 9.8% CRON
Better return on capitalReturn on invested capital -17.7% — 7.2% VFF
Less leveragedLower net debt / EBITDA 0.8x — -0.6x VFF
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -50.4% +31.3% -23.0% CRON
Better 5-year returnAnnualised price return, 5 years -65.0%/yr -9.0%/yr -19.5%/yr CRON
Less volatileAnnualised volatility, 1 year 75.0% 39.4% 61.0% CRON
Higher overall scoreMean of the five percentile scores vs peers 41/100 88/100 76/100 CRON

Percentile Scorecard

CGCCRONVFF

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCGCCRONVFF
Valuation 30 #27 of 38 70 #12 of 38 81 #8 of 38
Growth 88 #5 of 35 100 #1 of 35 85 #6 of 35
Profitability 14 #31 of 36 77 #9 of 36 94 #3 of 36
Financial Health 74 #11 of 39 100 #1 of 39 92 #4 of 39
Shareholder Returns 0 #13 of 13 92 #2 of 13 25 #10 of 13
Overall 41 88 76
  • CGC ranked among 40 companies in Tobacco and Cannabis
  • CRON ranked among 40 companies in Tobacco and Cannabis
  • VFF ranked among 40 companies in Tobacco and Cannabis

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCGCCRONVFFSPY
1 month -28.7%-0.9%-19.9% -0.8%
3 months -27.2%+15.7%+25.1% +3.5%
6 months -44.2%+22.6%-12.1% +7.0%
Year to date -41.2%+25.9%-30.4% +12.2%
1 year -50.4%+31.3%-23.0% +13.0%
3 years -86.8%+92.4%+268.1% +86.3%
3 years, per year -49.1%+24.4%+54.5% +23.1%
5 years -99.5%-37.4%-66.3% +68.6%
5 years, per year -65.0%-9.0%-19.5% +11.0%
10 years -98.6%—— +258.0%
10 years, per year -34.6%—— +13.6%

Risk

MeasureCGCCRONVFFSPY
Volatility, 1Y 75.0%39.4%61.0% 12.7%
Downside volatility, 1Y 63.4%36.1%60.8% 12.7%
Beta vs S&P 500, 1Y 1.230.601.49 1.00
Return / volatility, 1Y -0.670.80-0.38 1.02
Max drawdown, 5Y -99.6%-75.9%-94.8% -25.4%
From 52-week high -65.1%-6.8%-39.2% -1.8%
52-week high $1.92$3.55$4.18 $779.14
52-week low $0.67$2.30$1.84 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCGCCRONVFF
P/E now vs peer median -1.7xmedian 16.5x 17.7xmedian 16.5x 13.0xmedian 16.5x
P/S now vs peer median 1.0xmedian 0.9x 5.2xmedian 0.9x 1.3xmedian 0.9x
EV/EBITDA now vs peer median -2.3xmedian 12.3x 36.3xmedian 12.3x 5.1xmedian 12.3x
P/FCF now vs peer median -4.7xmedian 23.1x 24.6xmedian 23.1x -721.4xmedian 23.1x
P/B now vs peer median 0.6xmedian 1.0x 1.1xmedian 1.0x 1.0xmedian 1.0x
PEG now vs peer median -0.02median 0.56 0.50median 0.56 0.41median 0.56

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCGCCRONVFF
Revenue $271.79M $236.78M $230.57M
Gross profit $53.41M $82.13M $102.12M
Operating income -$117.01M -$2.43M $37.10M
Net income -$168.82M $77.88M $23.08M
Free cash flow -$60.26M $49.82M -$429.00K
R&D – $5.36M –
EPS (diluted) $-0.40 $0.19 $0.18
Cash & equivalents $236.91M $467.02M $72.93M
Total debt $169.05M – $39.96M
Shares (diluted) 422.26M 375.06M 124.72M
Enterprise value -$709.10M -$2.02B $8.56M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCGCCRONVFF
P/E -1.7x 17.7x 13.0x
P/FCF -4.7x 24.6x -721.4x
P/Operating cash flow -5.0x 20.4x 11.1x
P/S 1.0x 5.2x 1.3x
P/B 0.6x 1.1x 1.0x
P/Tangible book 0.7x 1.1x 1.1x
EV/EBITDA -2.3x 36.3x 5.1x
EV/EBIT -1.8x -177.1x 7.5x
EV/Revenue 0.8x 1.8x 1.2x
EV/FCF -3.5x 8.6x -644.6x
EV/Operating cash flow -3.7x 7.2x 9.9x
PEG (3Y EPS CAGR) -0.02 0.50 0.41

Growth

14 metrics
MetricCGCCRONVFF
Revenue growth (1Y) 13.1% 36.1% 15.3%
Revenue CAGR (3Y) -0.1% 30.1% -6.5%
Gross profit growth (1Y) -0.4% 92.5% 77.7%
Gross profit CAGR (3Y) 52.9% 98.9% 42.8%
Operating income growth (1Y) -46.6% 95.5% 306.6%
Operating income CAGR (3Y) 43.3% 70.6% 45.2%
Net income growth (1Y) 47.1% 264.6% 125.3%
Net income CAGR (3Y) 43.6% 36.5% 32.9%
EPS growth (1Y) 76.4% 288.8% 98.4%
EPS CAGR (3Y) 71.2% 35.6% 32.1%
Operating cash flow growth (1Y) 36.4% 199.9% -29.6%
Operating cash flow CAGR (3Y) 48.8% 37.8% 55.2%
Free cash flow growth (1Y) 36.7% 651.8% -101.4%
Free cash flow CAGR (3Y) 48.0% 35.7% 73.4%

Profitability

14 metrics
MetricCGCCRONVFF
Gross margin 19.7% 34.7% 44.3%
EBITDA margin -33.2% 5.0% 23.4%
Operating margin -43.1% -1.0% 16.1%
Pretax margin -62.2% 28.9% 15.1%
Net margin -62.1% 29.6% 9.8%
FCF margin -22.2% 21.0% -0.2%
Operating cash flow margin -20.9% 25.4% 12.1%
Return on equity -34.3% 7.1% 7.6%
Return on assets -21.4% 6.7% 5.6%
Return on invested capital -17.7% – 7.2%
Return on capital employed -17.4% -0.2% 10.2%
Asset turnover 0.3x 0.2x 0.6x
Cash conversion (OCF / net income) 0.3x 0.8x 1.2x
Stock comp / revenue 1.5% 2.7% 0.9%

Financial Health

11 metrics
MetricCGCCRONVFF
Debt / assets 21.8% – 9.3%
Debt / equity 0.3x – 0.1x
Net debt / EBITDA 0.8x – -0.6x
Debt / FCF -2.8x – -93.2x
Liabilities / assets 37.6% 5.3% 27.1%
Equity / assets 62.4% 94.7% 72.9%
Interest coverage -3.9x – 17.0x
Current ratio 3.0x 16.2x 3.2x
Quick ratio 2.3x 14.8x 2.1x
Cash ratio 2.0x 14.1x 1.4x
Altman Z-score -13.34 13.44 2.39

Shareholder Returns

7 metrics
MetricCGCCRONVFF
Dividend yield – – –
Net buyback yield -85.8% 3.2% -4.3%
Shareholder yield -85.8% 3.2% -4.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCGCCRONVFF
Forward P/E – 20.7xFY2026 14.9xFY2026
EPS, next fiscal year $-0.10FY2026 $0.16FY2026 $0.17FY2026
EPS growth, next FY – – -5.6%FY2026
EPS growth, the year after – +18.8% +52.9%
Revenue, next fiscal year $252.42MFY2026 $206.33MFY2026 $229.27MFY2026
Revenue growth, next FY +23.4%FY2026 +40.7%FY2026 +6.2%FY2026
Revenue growth, the year after -0.6% +26.5% +24.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCGCCRONVFF
Held by institutions 7.0% 12.8% 24.7%
Institutions holding 215 195 100
Change in shares held, QoQ +0.3% -2.5% +24.0%
Institutions buying 74 71 37
Institutions selling 32 41 29
Buyers to sellers 2.31 1.73 1.28

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CGCCRONVFF
CGC 1.00 0.57 0.49
CRON 0.57 1.00 0.49
VFF 0.49 0.49 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CGC, CRON and VFF?

Cronos (CRON) is the largest by market capitalisation: Canopy Growth (CGC) $289.88M, Cronos (CRON) $1.25B, Village Farms International (VFF) $295.71M.

Which stock is cheaper, CGC, CRON and VFF?

Village Farms International (VFF) trades on the lowest price-to-earnings ratio (Canopy Growth (CGC) -1.7x, Cronos (CRON) 17.9x, Village Farms International (VFF) 13.0x). On next year's consensus earnings, Village Farms International (VFF) is cheapest (Cronos (CRON) 20.7x, Village Farms International (VFF) 14.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Cronos (CRON) grew revenue fastest over the trailing twelve months: Canopy Growth (CGC) +13.1%, Cronos (CRON) +36.1%, Village Farms International (VFF) +15.3%.

Which company is more profitable?

Cronos (CRON) has the highest net margin (Canopy Growth (CGC) -62.1%, Cronos (CRON) 29.6%, Village Farms International (VFF) 9.8%). On return on invested capital, Village Farms International (VFF) leads (Canopy Growth (CGC) -17.7%, Village Farms International (VFF) 7.2%).

Which stock has performed better?

Over the past year Cronos (CRON) returned the most: Canopy Growth (CGC) -50.4%, Cronos (CRON) +31.3%, Village Farms International (VFF) -23.0%. Over five years, Cronos (CRON) compounded fastest (Canopy Growth (CGC) -65.0%/yr, Cronos (CRON) -9.0%/yr, Village Farms International (VFF) -19.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Cronos (CRON) has been the steadiest (Canopy Growth (CGC) 75.0%, Cronos (CRON) 39.4%, Village Farms International (VFF) 61.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CGC, CRON and VFF?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cronos (CRON) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.