Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Greenlane Renewables Inc. (GRN.TO) is a Canadian-headquartered company, established in 1986 and based in Burnaby, which specializes in providing global biogas upgrading solutions. The company is involved in the engineering, production, sales, and maintenance of various systems that purify raw biogas. This biogas originates from the anaerobic breakdown of organic waste, commonly found at landfills, wastewater treatment facilities, farms, and food waste processing sites. Their advanced systems are designed to effectively remove contaminants and separate carbon dioxide, converting the raw biogas into high-quality biomethane, also known as renewable natural gas (RNG). This refined gas can then be directly supplied to natural gas distribution networks or utilized as a clean vehicle fuel. Greenlane Renewables offers a range of technologies for this process, including water wash, pressure swing adsorption (PSA), and membrane separation. Their upgrading systems are primarily marketed under the Greenlane Biogas brand. The company adopted its current name in June 2019, having previously been known as Creation Capital Corp.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, of fair value on EV/E