SNDL Chart
About

SNDL Inc. engages in the production, distribution, and sale of cannabis products for the adult-use market in Canada. The company operates through four segments: Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sale of wines, beers, and spirits through liquor stores under the Wine and Beyond, Ace Liquor, and Liquor Depot retail banners; and private sale of adult-use cannabis products and accessories through its owned and franchised retail cannabis stores. The company also produces and distributes flower, pre-rolls, and vapes, as well as offers financial services. It offers its products under the Top Leaf, Contraband, Palmetto, Bon Jak, La Logue, Versus, Grasslands, Pearls by Grön, No Future, and Bhang Chocolate brands. The company was formerly known as Sundial Growers Inc. and changed its name to SNDL Inc. in July 2022. SNDL Inc. was incorporated in 2006 and is headquartered in Calgary, Canada.

Fundamentals
Scroll to Statements
Sector Consumer Defensive Industry Beverages - Wineries & D Market Cap 399.12M
Enterprise Value 312.94M Income -92.28M Sales 951.58M
Book/sh 3.12 Cash/sh 0.94 Dividend Yield —
Payout 0.00% Employees 2604 IPO —
P/E — Forward P/E 51.67 PEG —
P/S 0.42 P/B 0.50 P/C —
EV/EBITDA -20.57 EV/Sales 0.33 Quick Ratio 3.15
Current Ratio 5.04 Debt/Eq 14.11 LT Debt/Eq —
EPS (ttm) -0.26 EPS next Y 0.03 EPS Growth —
Revenue Growth 3.10% Earnings 2026-03-12 ROA -0.52%
ROE -7.95% ROIC — Gross Margin 27.03%
Oper. Margin -3.84% Profit Margin -9.70% Shs Outstand 257.50M
Shs Float 224.93M Short Float 0.59% Short Ratio 0.76
Short Interest — 52W High 2.89 52W Low 1.15
Beta 0.73 Avg Volume 2.72M Volume 831.25K
Target Price $4.85 Recom None Prev Close $1.49
Price $1.55 Change 4.03%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.85
Mean price target
2. Current target
$1.56
Latest analyst target
3. DCF / Fair value
$4.58
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.56
Low
$4.55
High
$5.15
Mean
$4.85

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-09-03 init Alliance Global Partners — → Buy $5
2022-11-28 main Cantor Fitzgerald — → Neutral $4
2022-08-16 up Canaccord Genuity Hold → Speculative Buy —
2022-08-16 main Cantor Fitzgerald — → Neutral $4
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 777484 — — George (Zachary R.) Director of Issuer — 2026-02-12 00:00:00 D nan
1 50000 — Redemption, retraction, cancelation, repurchase at price 1.56 per share. SNDL Inc Issuer — 2026-01-30 00:00:00 D 77850.0
2 50000 — Redemption, retraction, cancelation, repurchase at price 1.57 per share. SNDL Inc Issuer — 2026-01-30 00:00:00 D 78400.0
3 445761 — — SNDL Inc Issuer — 2026-01-30 00:00:00 D nan
4 50000 — Redemption, retraction, cancelation, repurchase at price 1.62 per share. SNDL Inc Issuer — 2026-01-29 00:00:00 D 81200.0
5 47275 — Redemption, retraction, cancelation, repurchase at price 1.60 per share. SNDL Inc Issuer — 2026-01-29 00:00:00 D 75640.0
6 50000 — Redemption, retraction, cancelation, repurchase at price 1.61 per share. SNDL Inc Issuer — 2026-01-28 00:00:00 D 80600.0
7 48486 — Redemption, retraction, cancelation, repurchase at price 1.60 per share. SNDL Inc Issuer — 2026-01-28 00:00:00 D 77577.0
8 50000 — Redemption, retraction, cancelation, repurchase at price 1.64 per share. SNDL Inc Issuer — 2026-01-27 00:00:00 D 82200.0
9 50000 — Redemption, retraction, cancelation, repurchase at price 1.60 per share. SNDL Inc Issuer — 2026-01-27 00:00:00 D 80000.0
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-1.39M0.00-5.55M-7.03M
TaxRateForCalcs0.090.000.020.03
NormalizedEBITDA-25.55M-14.20M-39.54M-15.33M
TotalUnusualItems-15.65M-84.95M-287.01M-208.43M
TotalUnusualItemsExcludingGoodwill-15.65M-84.95M-287.01M-208.43M
NetIncomeFromContinuingOperationNetMinorityInterest-94.80M-168.12M-335.11M-226.98M
ReconciledDepreciation56.71M64.95M47.32M10.16M
ReconciledCostOfRevenue677.66M713.86M565.45M60.25M
EBITDA-41.20M-99.15M-326.55M-223.76M
EBIT-97.91M-164.09M-373.87M-233.92M
NetInterestIncome9.05M6.47M11.51M12.69M
InterestExpense7.70M7.92M5.90M776.00K
InterestIncome16.40M15.37M17.62M13.72M
NormalizedIncome-80.54M-83.17M-53.66M-25.59M
NetIncomeFromContinuingAndDiscontinuedOperation-94.80M-172.66M-335.11M-226.98M
TotalExpenses954.00M1.01B773.47M126.08M
TotalOperatingIncomeAsReported-103.81M-163.17M-347.77M-134.38M
DilutedAverageShares264.20M259.37M229.87M186.04M
BasicAverageShares264.20M259.37M229.87M186.04M
DilutedEPS-0.36-0.67-1.46-1.22
BasicEPS-0.36-0.67-1.46-1.22
DilutedNIAvailtoComStockholders-94.80M-172.66M-335.11M-226.98M
NetIncomeCommonStockholders-94.80M-172.66M-335.11M-226.98M
NetIncome-94.80M-172.66M-335.11M-226.98M
MinorityInterests1.41M3.89M37.31M-200.00K
NetIncomeIncludingNoncontrollingInterests-96.20M-176.55M-372.43M-226.78M
NetIncomeDiscontinuousOperations0.00-4.54M0.000.00
NetIncomeContinuousOperations-96.20M-172.02M-372.43M-226.78M
TaxProvision-9.40M0.00-7.34M-7.91M
PretaxIncome-105.61M-172.02M-379.77M-234.70M
OtherIncomeExpense-81.11M-78.19M-330.01M-177.44M
OtherNonOperatingIncomeExpenses-1.93M
SpecialIncomeCharges-18.78M-78.61M-196.52M-83.32M
GainOnSaleOfPPE-370.00K-353.00K-94.00K235.00K
OtherSpecialCharges-290.00K5.12M
ImpairmentOfCapitalAssets17.32M54.97M196.03M60.00M
RestructuringAndMergernAcquisition1.09M23.29M682.00K18.44M
EarningsFromEquityInterest-65.46M6.76M-43.00M32.91M
GainOnSaleOfSecurity3.13M-6.34M-90.49M-125.10M
NetNonOperatingInterestIncomeExpense9.05M6.47M11.51M12.69M
TotalOtherFinanceCost-348.00K981.00K208.00K253.00K
InterestExpenseNonOperating7.70M7.92M5.90M776.00K
InterestIncomeNonOperating16.40M15.37M17.62M13.72M
OperatingIncome-33.55M-100.30M-61.27M-69.95M
OperatingExpense273.88M290.71M201.65M60.95M
OtherOperatingExpenses-2.18M
DepreciationAmortizationDepletionIncomeStatement54.25M60.22M40.95M5.29M
DepreciationAndAmortizationInIncomeStatement54.25M60.22M40.95M5.29M
ResearchAndDevelopment346.00K324.00K2.45M2.45M
SellingGeneralAndAdministration219.28M230.17M158.26M55.39M
SellingAndMarketingExpense12.00M15.04M8.42M5.04M
GeneralAndAdministrativeExpense207.28M215.12M149.84M50.35M
OtherGandA65.46M84.49M59.56M19.02M
SalariesAndWages141.82M130.63M90.28M31.33M
GrossProfit240.33M190.41M140.38M-9.00M
CostOfRevenue680.12M718.59M571.82M65.13M
TotalRevenue920.45M909.01M712.20M56.13M
ExciseTaxes54.97M48.72M17.50M11.15M
OperatingRevenue975.42M957.73M729.69M67.28M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber263.02M262.78M235.19M206.04M
ShareIssued263.02M262.78M235.19M206.04M
TotalDebt152.27M167.03M169.83M33.47M
TangibleBookValue947.78M1.02B1.16B1.21B
InvestedCapital1.13B1.21B1.31B1.33B
WorkingCapital371.28M303.77M412.12M662.32M
NetTangibleAssets947.78M1.02B1.16B1.21B
CapitalLeaseObligations152.27M167.03M169.83M33.47M
CommonStockEquity1.13B1.21B1.31B1.33B
TotalCapitalization1.13B1.21B1.31B1.33B
TotalEquityGrossMinorityInterest1.13B1.23B1.33B1.33B
MinorityInterest0.0017.27M21.16M229.00K
StockholdersEquity1.13B1.21B1.31B1.33B
OtherEquityInterest667.00K4.54M4.54M10.37M
GainsLossesNotAffectingRetainedEarnings52.77M19.42M32.19M7.61M
OtherEquityAdjustments52.77M19.42M32.19M7.61M
RetainedEarnings-1.32B-1.26B-1.09B-785.11M
AdditionalPaidInCapital57.16M73.01M68.96M60.73M
CapitalStock2.35B2.38B2.29B2.04B
CommonStock2.35B2.38B2.29B2.04B
TotalLiabilitiesNetMinorityInterest215.89M243.82M231.69M98.13M
TotalNonCurrentLiabilitiesNetMinorityInterest125.33M140.68M142.33M32.27M
OtherNonCurrentLiabilities7.31M4.18M2.71M4.50M
LongTermDebtAndCapitalLeaseObligation118.02M136.49M139.62M27.77M
LongTermCapitalLeaseObligation118.02M136.49M139.62M27.77M
CurrentLiabilities90.56M103.15M89.36M65.85M
OtherCurrentLiabilities26.00K4.40M11.00M21.70M
CurrentDebtAndCapitalLeaseObligation34.26M30.54M30.21M5.70M
CurrentCapitalLeaseObligation34.26M30.54M30.21M5.70M
PayablesAndAccruedExpenses56.27M68.21M48.15M38.45M
CurrentAccruedExpenses29.21M46.17M38.38M34.28M
Payables27.06M22.04M9.77M4.17M
AccountsPayable27.06M22.04M9.77M4.17M
TotalAssets1.35B1.47B1.56B1.43B
TotalNonCurrentAssets887.40M1.07B1.06B699.49M
NonCurrentPrepaidAssets3.68M4.84M8.58M7.72M
InvestmentsAndAdvances436.90M586.39M629.58M505.93M
OtherInvestments23.78M48.06M110.32M93.07M
LongTermEquityInvestment413.12M538.33M519.25M412.86M
InvestmentsinJointVenturesatCost412.86M
GoodwillAndOtherIntangibleAssets185.57M192.43M142.15M122.64M
OtherIntangibleAssets61.33M73.15M74.89M50.15M
Goodwill124.25M119.28M67.26M72.50M
NetPPE261.25M282.60M277.56M63.19M
AccumulatedDepreciation-206.44M-301.28M-214.89M-153.35M
GrossPPE467.68M583.88M492.45M216.54M
Leases78.25M76.90M72.32M3.90M
ConstructionInProgress2.57M8.67M9.45M6.10M
OtherProperties326.15M298.20M245.99M40.81M
MachineryFurnitureEquipment51.25M179.16M152.73M153.33M
LandAndImprovements9.45M20.95M11.96M12.39M
Properties0.000.000.000.00
CurrentAssets461.84M406.91M501.48M728.17M
AssetsHeldForSaleCurrent19.05M6.38M6.38M3.00M
RestrictedCash19.82M19.89M19.34M27.01M
PrepaidAssets16.86M22.46M10.11M4.36M
Inventory129.11M129.49M131.26M33.91M
OtherInventories1.19M429.00K3.75M4.45M
FinishedGoods114.89M120.28M103.00M5.36M
WorkInProcess0.00995.00K19.93M19.75M
RawMaterials13.03M7.78M4.58M4.35M
Receivables28.12M27.06M22.64M10.87M
OtherReceivables3.57M6.21M5.08M
AccountsReceivable24.55M20.85M17.56M10.87M
CashCashEquivalentsAndShortTermInvestments248.89M201.64M311.76M649.03M
OtherShortTermInvestments30.53M6.59M32.18M90.78M
CashAndCashEquivalents218.36M195.04M279.59M558.25M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow43.90M-24.58M-17.57M-159.54M
RepurchaseOfCapitalStock-13.28M-1.54M-13.39M0.00
RepaymentOfDebt-36.95M-41.01M-37.69M-10.36M
IssuanceOfDebt0.000.00
IssuanceOfCapitalStock0.0022.00K1.06B
CapitalExpenditure-11.02M-7.93M-10.86M-3.79M
EndCashPosition218.36M195.04M279.59M558.25M
BeginningCashPosition195.04M279.59M558.25M60.38M
EffectOfExchangeRateChanges0.00-9.00K
ChangesInCash23.32M-84.55M-278.67M497.88M
FinancingCashFlow-49.36M-43.08M-41.79M1.15B
CashFromDiscontinuedFinancingActivities0.000.000.00
CashFlowFromContinuingFinancingActivities-49.36M-43.08M-41.79M1.15B
NetOtherFinancingCharges871.00K-531.00K9.27M-21.33M
ProceedsFromStockOptionExercised0.00119.30M
NetCommonStockIssuance-13.28M-1.54M-13.37M1.06B
CommonStockPayments-13.28M-1.54M-13.39M0.00
CommonStockIssuance0.0022.00K1.06B
NetIssuancePaymentsOfDebt-36.95M-41.01M-37.69M-10.36M
NetLongTermDebtIssuance-36.95M-41.01M-37.69M-10.36M
LongTermDebtPayments-36.95M-41.01M-37.69M-10.36M
LongTermDebtIssuance0.000.00
InvestingCashFlow17.76M-24.82M-230.16M-496.28M
CashFromDiscontinuedInvestingActivities0.000.000.00
CashFlowFromContinuingInvestingActivities17.76M-24.82M-230.16M-496.28M
NetOtherInvestingChanges383.00K4.03M74.00K-612.00K
DividendsReceivedCFI89.76M0.000.0010.48M
NetInvestmentPurchaseAndSale-22.62M-732.00K-75.60M-24.21M
PurchaseOfInvestment-732.00K-75.60M-24.21M
NetBusinessPurchaseAndSale-39.48M-21.39M-147.78M-478.34M
SaleOfBusiness3.69M
PurchaseOfBusiness-39.64M-25.09M-147.78M-478.34M
NetIntangiblesPurchaseAndSale-2.40M-87.00K-197.00K0.00
PurchaseOfIntangibles-2.40M-87.00K-197.00K0.00
NetPPEPurchaseAndSale-7.88M-6.63M-6.67M-3.60M
SaleOfPPE734.00K1.21M4.00M194.00K
PurchaseOfPPE-8.62M-7.84M-10.67M-3.79M
OperatingCashFlow54.91M-16.65M-6.71M-155.75M
CashFromDiscontinuedOperatingActivities0.004.31M0.000.00
CashFlowFromContinuingOperatingActivities54.91M-20.96M-6.71M-155.71M
InterestReceivedCFO12.49M13.56M13.40M0.00
DividendReceivedCFO10.71M0.001.66M15.02M
ChangeInWorkingCapital-7.45M-32.88M-22.07M150.00K
OtherNonCashItems-15.23M9.39M-6.89M-111.12M
StockBasedCompensation20.04M15.40M9.67M12.31M
UnrealizedGainLossOnInvestmentSecurities661.00K-126.30M101.64M68.01M
AssetImpairmentCharge21.02M85.61M196.03M60.00M
DeferredTax-9.40M0.00-7.34M-7.91M
DeferredIncomeTax-9.40M0.00-7.34M-7.91M
DepreciationAmortizationDepletion56.71M64.95M47.32M10.16M
DepreciationAndAmortization56.71M64.95M47.32M10.16M
AmortizationCashFlow2.59M2.22M915.00K
AmortizationOfIntangibles2.59M2.22M915.00K
Depreciation54.12M45.10M9.25M
OperatingGainsLosses61.56M125.85M32.30M24.41M
EarningsLossesFromEquityInvestments65.46M-6.76M43.00M-32.91M
GainLossOnInvestmentSecurities-4.37M132.27M-10.78M57.62M
NetForeignCurrencyExchangeGainLoss108.00K-13.00K-16.00K-63.00K
GainLossOnSaleOfPPE-235.00K
NetIncomeFromContinuingOperations-96.20M-176.55M-372.43M-226.78M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for SNDL
Date User Asset Broker Type Position Size Entry Price Patterns