Head-To-Head Analysis: Greenlane (GNLN) & Its Competitors

Greenlane (NASDAQ:GNLN) is one of 69 public companies in the “FOOD – MISC/DIVERSIFIED” industry, but how does it contrast to its peers? We will compare Greenlane to similar companies based on the strength of its institutional ownership, valuation, profitability, risk, dividends, analyst recommendations and earnings.

Profitability

This table compares Greenlane and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Greenlane	-246.62%	-133.66%	-59.29%
Greenlane Competitors	-5.86%	-18.89%	1.38%

Volatility & Risk

Greenlane has a beta of 1.75, indicating that its share price is 75% more volatile than the S&P 500. Comparatively, Greenlane’s peers have a beta of 0.80, indicating that their average share price is 20% less volatile than the S&P 500.

Valuation and Earnings

This table compares Greenlane and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Greenlane	$13.27 million	-$17.64 million	0.00
Greenlane Competitors	$8.99 billion	$395.89 million	49.44

Greenlane’s peers have higher revenue and earnings than Greenlane. Greenlane is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Insider and Institutional Ownership

14.0% of Greenlane shares are owned by institutional investors. Comparatively, 54.9% of shares of all “FOOD – MISC/DIVERSIFIED” companies are owned by institutional investors. 0.2% of Greenlane shares are owned by insiders. Comparatively, 16.1% of shares of all “FOOD – MISC/DIVERSIFIED” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Greenlane and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Greenlane	1	0	0	0	1.00
Greenlane Competitors	822	3658	3917	168	2.40

As a group, “FOOD – MISC/DIVERSIFIED” companies have a potential upside of 27.16%. Given Greenlane’s peers stronger consensus rating and higher probable upside, analysts clearly believe Greenlane has less favorable growth aspects than its peers.

Summary

Greenlane peers beat Greenlane on 12 of the 13 factors compared.

Greenlane Company Profile

Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods. The company provides consumption accessories, vaporizers, pipes, rolling papers, grinders, and apparel lines, as well as bubblers, rigs, other smoking and vaporization related accessories, and merchandise. It offers its products under the Groove, Eyce, DaVinci, Higher Standards, Pollen Gear, Marley Natural, and Keith Haring brands. The company also operates e-commerce websites, such as Vapor.com, Vaposhop.com, DaVinciVaporizer.com, PuffItUp.com, HigherStandards.com, EyceMolds.com, and MarleyNaturalShop.com. It serves customers through smoke shops, cannabis dispensaries, and specialty retailers. The company was founded in 2005 and is headquartered in Boca Raton, Florida.