# Aurora Cannabis Inc. (ACB.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Healthcare / Pharmaceuticals. Price C$5.45, market value C$345 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Aurora Cannabis Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 1.2×**. Each dollar of revenue is priced at 1.2×.
- **Price / book: 0.7×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 9.3×**. Enterprise value is 9.3× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -14.8%** (5-yr avg -24.8%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 48.0%**. Aurora Cannabis Inc. keeps 48.0% of revenue after the direct cost of what it sells.
- **Operating margin: -11.5%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -38.0%**. The company reported a net loss over the last twelve months.
- **Return on equity: -23.8%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -9.0%**. Return on all capital, debt included, is -9.0%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -4.6%**. Each dollar of assets produces -4.6% of profit.

## Growth
- **Revenue growth (1 yr): -6.6%** (3-yr 11.2%/yr, 5-yr 5.5%/yr). Revenue fell 6.6% over the last year, against 5.5% a year compounded over five years: growth is slowing.

## Financial health
- **Debt to equity: 0.05**. Debt is 0.05 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Aurora Cannabis Inc. holds more cash than debt.
- **Interest coverage: -7.4×**. Operating profit covers interest only -7.4×: fragile.
- **Current ratio: 5.94** (quick 3.32). Current assets cover the next year's liabilities 5.94 times.
- **Altman Z-score: 3.81**. A Z-score of 3.81 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Aurora Cannabis Inc. does not currently pay a dividend, but it returned -2.1% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): -18.5%** (YTD -5.5%, 3-mo 16.0%). The shares are down 18.5% over twelve months including dividends.
- **From 52-week high: -41.6%** (51.8% above the low). Trading 42% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 64**. An RSI of 64 is neutral.
- **Beta (1 yr): 1.35** (volatility 64%). Beta of 1.35 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ACB.TO · Page: https://foliofundamentals.com/stocks/acb.to

Not investment advice.