Althea Group Holdings Share Price and Company Fundamentals



Price
$0.24
Change
0.000 (0.000%)
52 week
0.235 - 0.62

Last traded: Last Friday at 6:10 AM

Althea Group Holdings Limited manufactures, sells, and distributes pharmaceutical grade medicinal cannabis in Australia, the United Kingdom, Africa, and Canada. It also offers a range of education, access, and management services to support eligible patients and healthcare professionals in navigating medicinal cannabis treatment pathways through Concierge, an online service, as well as Medic, an online education. In addition, the company provides formulation and manufacturing of recreational cannabis products, such as beverages, edibles, and topicals. Althea Group Holdings Limited was founded in 2016 and is based in Melbourne, Australia.

Key Metrics

PE ratio

-

PB ratio

1.47

Dividend yield

Beta

1.48

Market cap

$73.61M

Enterprise value

$60.63M

Company profile

Primary activitiesHolding company of Althea Company Limited which holds a number of licenses and permits for the importation, cultivation, production and supply of medicinal cannabis in Australia.
Industry / SectorDrug Manufacturers—Specialty & Generic / Healthcare
Websitehttp://www.althea.life
Mailing address360 Elizabeth Street Suite 2 Level 37 Melbourne VIC 3000 Australia
Phone / Fax61 3 9639 9044 / 61 2 8438 8699
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

Althea Group Holdings does not pay dividends.

Company Executives

As of Sep 2021, following are the company executives and directors listed on Althea Group Holdings.

NameTitleAgeTotal Pay
Mr. Joshua FeganCEO, MD & Exec. Director798.77k
Mr. Robert MeissnerCFO & Company Sec.353.37k
Mr. David SauerGen. Counsel

Profitability and management effectiveness

Profit margin

-130.38%

Operating margin

-129.37%

Return on assets

-17.56%

Return on equity

-33.88%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Althea Group Holdings is 73.61M and its enterprise value is 60.63M. The enterprise value to revenue ratio of AGH is 5.25.

The AGH's stocks Beta value is 1.48 making it 48% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Althea Group Holdings (AGH)

Althea Group Holdings (ASX:AGH) Frequently Asked Questions

1. What is Althea Group Holdings's Stock Symbol?

Althea Group Holdings trades on ASX under the ticker symbol "AGH".

2. What is Althea Group Holdings's stock price today?

One share of AGH stock can currently be purchased for approximately $0.24.

3. How can I contact Althea Group Holdings?

Althea Group Holdings's mailing address is 360 Elizabeth Street Suite 2 Level 37 Melbourne VIC 3000 Australia. The company can be reached via phone at 61 3 9639 9044.

4. What is Althea Group Holdings's official website?

The official website of Althea Group Holdings is http://www.althea.life.

5. Which share registry manages Althea Group Holdings's stock?

Althea Group Holdings's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.