CRDL : Cardiol Therapeutics Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Cardiol Therapeutics Inc trades with the ticker CRDL on the TSX and is in the Drug Manufacturers – Specialty & Generic industry.

Overview
Cardiol Therapeutics Inc., a clinical-stage life sciences company, focuses on the research and development of anti-fibrotic and anti-inflammatory therapies for the treatment of cardiovascular disease (CVD). Its lead product CardiolRx, which is in Phase II/III multi-national, randomized, double-blind, and placebo-controlled study to evaluate the efficacy and safety of CardiolRx for patients hospitalized with COVID-19, as well as for the treatment of recurrent pericarditis and acute myocarditis. The company is also developing subcutaneous formulation of CardiolRx for the treatment of fibrosis and inflammation in the heart that is related with the development and progression of heart failure. Cardiol Therapeutics Inc. was incorporated in 2017 and is headquartered in Oakville, Canada.
 

Looking to invest in Cardiol Therapeutics Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

CRDL.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $132.181MM

PE Ratio:

Price: 1.39 (Updated: 3/12/2024 0:47:16)



Cardiol Therapeutics Inc (CRDL) vs Competitors in Drug Manufacturers – Specialty & Generic

Lets see how CRDL.TO stacks up against others in the Drug Manufacturers – Specialty & Generic asset management industry. We have identified its main peers as:

Aurora Cannabis Inc, Avicanna Inc, Bausch Health Companies Inc, Cronos Group Inc, Charlotte’s Web Holdings, Inc

.

Drug Manufacturers – Specialty & Generic Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Aurora Cannabis Inc (ACB) $222.521 N/A -0.115 N/A%
Avicanna Inc (AVCN) $43.759 N/A -4.217 N/A%
Bausch Health Companies Inc (BHC) $4,553.034 N/A 15.169 N/A%
Cardiol Therapeutics Inc (CRDL) $132.181 N/A -3.0 N/A%
Cronos Group Inc (CRON) $1,018.068 N/A 1.918 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Drug Manufacturers – Specialty & Generic

  • Cardiol Therapeutics Inc (CRDL) vs Aurora Cannabis Inc (ACB)
    • CRDL has higher EPS (-0.43 vs -79.2). ACB and CRDL both have P/E’s under 0.
  • Cardiol Therapeutics Inc (CRDL) vs Avicanna Inc (AVCN)
    • AVCN has higher EPS (-0.17 vs -0.43). AVCN and CRDL both have P/E’s under 0.
  • Cardiol Therapeutics Inc (CRDL) vs Bausch Health Companies Inc (BHC)
    • CRDL has higher EPS (-0.43 vs -2.18). BHC and CRDL both have P/E’s under 0.
  • Cardiol Therapeutics Inc (CRDL) vs Cronos Group Inc (CRON)
    • CRON has higher EPS (-0.24 vs -0.43). CRON and CRDL both have P/E’s under 0.
  • Cardiol Therapeutics Inc (CRDL) vs Charlotte’s Web Holdings, Inc (CWEB)
    • CRDL has higher EPS (-0.43 vs -0.44). CWEB and CRDL both have P/E’s under 0.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-3.00) than the industry average (0.33), indicating attractive valuation.
 

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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