Reviewing MariMed (MRMD) and Its Peers

MariMed (OTCMKTS:MRMDGet Rating) is one of 50 publicly-traded companies in the “Medicinals & botanicals” industry, but how does it contrast to its competitors? We will compare MariMed to related companies based on the strength of its valuation, profitability, analyst recommendations, institutional ownership, risk, earnings and dividends.

Analyst Recommendations

This is a breakdown of recent recommendations for MariMed and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MariMed 0 0 2 0 3.00
MariMed Competitors 288 693 691 32 2.27

MariMed currently has a consensus target price of $2.25, suggesting a potential upside of 258.17%. As a group, “Medicinals & botanicals” companies have a potential upside of 110.67%. Given MariMed’s stronger consensus rating and higher probable upside, equities analysts plainly believe MariMed is more favorable than its competitors.

Profitability

This table compares MariMed and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
MariMed 5.70% 20.87% 6.07%
MariMed Competitors 1,001.90% -148.32% 145.12%

Valuation and Earnings

This table compares MariMed and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
MariMed $121.46 million $7.22 million 31.43
MariMed Competitors $256.05 million -$63.83 million -7.22

MariMed’s competitors have higher revenue, but lower earnings than MariMed. MariMed is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Insider & Institutional Ownership

0.3% of MariMed shares are held by institutional investors. Comparatively, 17.9% of shares of all “Medicinals & botanicals” companies are held by institutional investors. 28.1% of shares of all “Medicinals & botanicals” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Risk and Volatility

MariMed has a beta of 3.24, indicating that its share price is 224% more volatile than the S&P 500. Comparatively, MariMed’s competitors have a beta of 1.45, indicating that their average share price is 45% more volatile than the S&P 500.

Summary

MariMed beats its competitors on 7 of the 13 factors compared.

About MariMed (Get Rating)

MariMed Inc. engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. The company offers cannabis genetics produce flowers and concentrates under the Nature's Heritage brand; cannabis-infused products in the form of chewable tablets and powder drink mixes under the brand Kalm Fusion; natural fruit chews under the Betty's Eddies brand; brownies, cookies, and other social sweets under the Bubby's Baked brand; and cannabidiol formulations under the Florance brand. It also licenses its brands and product formulations, as well as leases cannabis facilities. MariMed Inc. was incorporated in 2011 and is based in Norwood, Massachusetts.

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