1933 Industries Inc (TGIFF) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of 1933 Industries Inc $0.01, price $0.01, upside -4.9%, quality 47 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range $0.0027 – $0.0900 · fair‑value band $0.0063 – $0.0080 · the $0.0072 price screens above the $0.0069 fair value. Dashed = 300-day average. As of Sep 27, 2026.
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1933 Industries Inc., together with its subsidiaries, engages in the cultivation, extraction, and production of cannabis products in the United States. It operates through AMA and Infused MFG segments.
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1933 Industries Inc., together with its subsidiaries, engages in the cultivation, extraction, and production of cannabis products in the United States. It operates through AMA and Infused MFG segments. The company offers craft-style cannabis, branded flower, infused pre-rolls, full spectrum oils, distillates, and blends of terpenes; vaporizer products and boutique concentrate, such as shatter, crumble, batter, sugar wax, diamonds, and cured and live resins under the AMA and Level X brands. It also provides cannabidiol, and cannabinol infused products. The company sells its products through licensed dispensaries, as well as direct to consumers via e-commerce at cannahemp.com. The company was formerly known as Friday Night Inc. and changed its name to 1933 Industries Inc. in September 2018. 1933 Industries Inc. is headquartered in Vancouver, Canada.
Stock analysis
1933 Industries Inc (TGIFF) currently trades at $0.0072, while our model-based Fair Value estimate is $0.0069, so the stock looks roughly fairly valued today (gap 5.1%).
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Valuation
Bull case: the Growth DCF group reads highest at a median of $0.0300 per share, and 10 of the 10 models we run sit above the $0.0072 price.
Bear case: the Multiples group reads lowest at $0.0100, and 0 of the 10 models stay below the price. Evidence for this calculation is low.
Scenario range: $0.0063 (bear) to $0.0080 (bull), the price of $0.0072 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Healthcare sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
1933 Industries Inc reported revenue of C$17.4M in FY2025 versus C$12.0M in FY2021, a compound +9.9%/yr. Reported net income was −C$217K in FY2025.
Key figures
Market cap $3.6M · P/S ratio 0.17 · Net margin −1.2% · Return on equity −1,143% · Return on assets (EBIT) −17.5% · Operating margin −7.5% · Revenue (TTM) C$17.0M · Revenue growth (YoY) −10.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 49% below its 52-week high and 85% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Healthcare peers we cover trades at −19% fair-value upside, at −5%, TGIFF screens cheaper than that median.
Fair Value models
Bear $0.0063Fair Value $0.0069Bull $0.0080
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.50/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−9.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.8%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+42.4%
’17
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−139.0% (2020) → 3.9% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−7.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (figures in CAD, Canada: IMF forecast 2.1% a year to 2030, 2.6% from 2016 to 2025) that is about −9.0% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Drug Manufacturers - Specialty & Generic · 585 stocks
Beats the industry median on 3/9 measures
Overall it trails its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside−4.9% · Above median
Profitability
Return on equity (TTM)Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets0.3% · Below median
Net margin (TTM)2.8% · Below median
Operating margin (TTM)−7.5% · Bottom 25%
Growth and dividend
Revenue growth−10.6% · Bottom 25%
Balance sheet
Debt / equityNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Valuation Multiplesvs Drug Manufacturers - Specialty & Generic median · lower = cheaper
P/BNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/S (TTM)0.21× · Cheapest 25%
P/FCF2.1× · Cheapest 25%
EV/EBITDA30.9× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)27· sector 14
FUTURE (revenue growth)0· sector 24
PAST (return on equity)0· sector 28
HEALTH (low debt)0· sector 96
DIVIDEND (yield)0· sector 31
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
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Is 1933 Industries Inc (TGIFF) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of $0.0069 versus a price of $0.0072, about −5% upside (fairly valued).
What is the fair value of TGIFF?
Our model-based fair value for 1933 Industries Inc is $0.0069 (as of Sep 27, 2026), built from audited fundamentals. The current price: $0.0072.
What is the quality score of TGIFF?
1933 Industries Inc has a Quality Score of 47/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for 1933 Industries Inc (TGIFF)?
Our model-based price target is the fair value of $0.0069 (as of Sep 27, 2026) from 10 valuation models. Cautious scenario $0.0063, optimistic scenario $0.0080. It is a calculation from audited fundamentals, not an analyst target.
What is the 1933 Industries Inc stock forecast for 2026?
Our models put fair value at $0.0069, about −5% upside versus a price of $0.0072 (fairly valued). Cautious scenario $0.0063, optimistic scenario $0.0080. The calculation is refreshed regularly with new filings.
What is the revenue of 1933 Industries Inc (TGIFF)?
1933 Industries Inc reported trailing-twelve-month revenue of about C$17.0M (latest available figure, as of Sep 27, 2026).
What growth is priced into 1933 Industries Inc (TGIFF)?
For today's price to be fair in a discounted-cash-flow model, 1933 Industries Inc would have to grow free cash flow by -7.1 % per year for five years (discount rate 11.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.8 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of TGIFF use?
Our models discount 1933 Industries Inc at 11.2 %: a base by market capitalisation (nano), damped by beta 1.60, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For 1933 Industries Inc that is -7.1 % per year a year over ten years, using the same discount rate (11.2 %) and the same formula as our fair value.
How much growth has 1933 Industries Inc (TGIFF) delivered so far?
Over the past 5 years revenue at 1933 Industries Inc grew +7.8 % a year. The price currently implies -7.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of 1933 Industries Inc (TGIFF) growing?
The median revenue growth in the sector is +4.6 % a year. That is the yardstick for the growth priced into 1933 Industries Inc (-7.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of 1933 Industries Inc (TGIFF)?
The free-cash-flow yield on the price is 32.84 %: that much free cash flow 1933 Industries Inc produces per unit of market value. When it exceeds the discount rate of our models (11.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of 1933 Industries Inc (TGIFF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For 1933 Industries Inc it is $0.0069 per share (as of Sep 27, 2026), against a price of $0.0072. It is the blended result of 10 valuation models (cash flow, earnings, asset, dividend).
Is 1933 Industries Inc stock overvalued or undervalued in 2026?
As of Sep 27, 2026, TGIFF trades above its calculated fair value: price $0.0072, fair value $0.0069, a gap of about −5% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TGIFF?
No. The price is what the market pays today ($0.0072); the fair value is what the company's own numbers justify ($0.0069). For 1933 Industries Inc the two are $0.0004 per share apart. That gap is exactly why we show both numbers side by side.
How much is 1933 Industries Inc worth?
The market values 1933 Industries Inc at about $3.6M (market capitalisation, as of Sep 27, 2026). Per share that is $0.0072; our models calculate a fair value of $0.0069 per share.
What do the bullish and bearish scenarios say about TGIFF?
Our models span a range for 1933 Industries Inc: cautious scenario $0.0063, base $0.0069, optimistic $0.0080 per share (as of Sep 27, 2026, price $0.0072). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of 1933 Industries Inc (TGIFF)?
Balance-sheet figures for 1933 Industries Inc (as of Sep 27, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is TGIFF from its 52-week high?
1933 Industries Inc trades at $0.0072, about 49% below its 52-week high of $0.0140 and 85% above the low of $0.0039 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of $0.0069 is for.
Which stocks are comparable to 1933 Industries Inc?
From the same area (Healthcare) we also value Merck KGaA, Takeda Pharmaceutical Company, Teva Pharmaceutical Industries Limited, Sun Pharmaceutical Industries Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is 1933 Industries Inc stock attractive at the current price?
The data as of Sep 27, 2026: price $0.0072, calculated fair value $0.0069 (−5%), Quality Score 47/100, from 10 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TGIFF calculated?
We run 1933 Industries Inc through 10 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $0.0069, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. 1933 Industries Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of 1933 Industries Inc (TGIFF)?
The closing price on Oct 1, 2026 was $0.0072. Our model-based fair value is $0.0069, about −5% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with 1933 Industries Inc right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of 1933 Industries Inc
How large is the market capitalisation of 1933 Industries Inc (TGIFF)?
The market capitalisation of 1933 Industries Inc is $3.6M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of 1933 Industries Inc (TGIFF)?
The price-to-sales ratio of 1933 Industries Inc is 0.17 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of 1933 Industries Inc (TGIFF)?
The net margin of 1933 Industries Inc is −1.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of 1933 Industries Inc (TGIFF)?
The return on equity (ROE) of 1933 Industries Inc is −1,143% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of 1933 Industries Inc (TGIFF)?
On an EBIT basis the return on assets of 1933 Industries Inc is −17.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of 1933 Industries Inc (TGIFF)?
The operating margin of 1933 Industries Inc is −7.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at 1933 Industries Inc (TGIFF)?
Revenue at 1933 Industries Inc is growing −10.6% versus a year earlier (3y avg +11.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at 1933 Industries Inc (TGIFF)?
Earnings per share at 1933 Industries Inc are growing +36.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does 1933 Industries Inc (TGIFF) carry?
The net debt of 1933 Industries Inc is C$2.9M (fiscal year 2025, ≈ 1.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Sep 27, 2026