Head to Head Review: Forge Global (NYSE:FRGE) versus Cannabis Wheaton Income (OTCMKTS:CBWTF)

Forge Global (NYSE:FRGE) and Cannabis Wheaton Income (OTCMKTS:CBWTF) are both small-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, dividends, valuation, earnings and profitability.

Valuation and Earnings

This table compares Forge Global and Cannabis Wheaton Income”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Forge Global	$92.88 million	6.71	-$66.33 million	($5.20)	-8.65
Cannabis Wheaton Income	$108.41 million	1.30	$29.96 million	$0.03	3.33

Cannabis Wheaton Income has higher revenue and earnings than Forge Global. Forge Global is trading at a lower price-to-earnings ratio than Cannabis Wheaton Income, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current ratings and price targets for Forge Global and Cannabis Wheaton Income, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Forge Global	1	5	0	0	1.83
Cannabis Wheaton Income	0	0	0	0	0.00

Forge Global presently has a consensus target price of $36.00, suggesting a potential downside of 20.00%. Given Forge Global’s stronger consensus rating and higher probable upside, research analysts clearly believe Forge Global is more favorable than Cannabis Wheaton Income.

Risk and Volatility

Forge Global has a beta of 2.18, suggesting that its share price is 118% more volatile than the S&P 500. Comparatively, Cannabis Wheaton Income has a beta of 1.38, suggesting that its share price is 38% more volatile than the S&P 500.

Institutional & Insider Ownership

40.7% of Forge Global shares are owned by institutional investors. 4.5% of Forge Global shares are owned by company insiders. Comparatively, 4.6% of Cannabis Wheaton Income shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares Forge Global and Cannabis Wheaton Income’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Forge Global	-71.87%	-29.06%	-24.63%
Cannabis Wheaton Income	27.64%	27.21%	15.66%

Summary

Cannabis Wheaton Income beats Forge Global on 8 of the 13 factors compared between the two stocks.

About Forge Global

Forge Global Holdings, Inc. operates a financial services platform in California. The company's platform solutions include trading solutions, a platform that connects investors with private company stockholders and enables them to facilitate private share transactions; and custody solutions, a non-depository trust company that enables clients to securely custody and manage assets through an online portal. It also provides data solutions, such as information and insight to navigate, analyze, and make investment decisions to market participants in the private market. The company was founded in 2014 and is headquartered in San Francisco, California.

About Cannabis Wheaton Income

Auxly Cannabis Group Inc. operates as a consumer packaged goods company in the cannabis products market in Canada. It focuses on developing, manufacturing, and distributing cannabis products for wellness and recreational consumers. The company offers cannabis products under various forms, including vape catridges, infused pre-rolls, pre-rolled, vape pens, milled and dried flower, concentrates, chocolates, soft chews, oil drops, capsules, and topicals under the KOLAB PROJECT, Dosecann, BACK FORTY, Foray, and Parcel brand names. It sells its products through supply arrangements with provincial control boards and distributors, medical cannabis sales channels, and retailers, as well as to authorized wholesalers. The company was formerly known as Cannabis Wheaton Income Corp. and changed its name to Auxly Cannabis Group Inc. in June 2018. The company was incorporated in 1987 and is headquartered in Toronto, Canada.