Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Next Generation Management Corp. (NGMC) is primarily engaged in the medical cannabis sector, operating its own dispensary in Hollywood, California. Beyond this direct operation, it extends comprehensive management support to other medical marijuana enterprises. This includes aid with site selection, facility development, staff recruitment and training, security provisions, and financial consulting. Furthermore, NGMC provides its proprietary Dispensary Management Service package, a software suite designed for robust seed-to-sale tracking and adherence to regulatory standards, notably incorporating the BiotrackTHC application. Established in 1980 and based in Annandale, Virginia, the company rebranded as Next Generation Management Corp. in June 2014, having previously been known as Next Generation Energy Corp.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.