Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Goodfood Market Corp. is a Canadian online grocery service that delivers fresh meals and a wide array of grocery products across the country. Its offerings encompass numerous ready-to-eat items, including baked goods, desserts, meats and seafood, beverages, pantry essentials, fresh produce, snacks, dairy products, frozen foods, and kitchen supplies. Additionally, the company provides "Yumm," a budget-friendly meal kit specifically aimed at cost-conscious consumers. As of August 31, 2021, Goodfood Market Corp. served approximately 298,000 active subscribers. The company is headquartered in Saint-Laurent, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA.
Target Price
The average target price of FOOD.TO is 0.05 and suggests 66.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i