Ascend Wellness (OTC:AAWH – Get Rating) and GLG Life Tech (OTCMKTS:GLGLF – Get Rating) are both small-cap medical companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, profitability, valuation and risk.
Institutional and Insider Ownership
0.0% of Ascend Wellness shares are owned by institutional investors. 24.9% of Ascend Wellness shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Risk & Volatility
Ascend Wellness has a beta of 2.63, meaning that its share price is 163% more volatile than the S&P 500. Comparatively, GLG Life Tech has a beta of 1.88, meaning that its share price is 88% more volatile than the S&P 500.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| Ascend Wellness | -16.45% | -40.01% | -7.88% |
| GLG Life Tech | -358.36% | N/A | -152.28% |
Analyst Ratings
This is a breakdown of current ratings and recommmendations for Ascend Wellness and GLG Life Tech, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Ascend Wellness | 0 | 2 | 2 | 0 | 2.50 |
| GLG Life Tech | 0 | 0 | 0 | 0 | N/A |
Ascend Wellness currently has a consensus price target of $2.75, suggesting a potential upside of 282.16%. Given Ascend Wellness’ higher probable upside, equities analysts plainly believe Ascend Wellness is more favorable than GLG Life Tech.
Earnings & Valuation
This table compares Ascend Wellness and GLG Life Tech’s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Ascend Wellness | $405.93 million | 0.35 | -$80.90 million | ($0.38) | -1.89 |
| GLG Life Tech | $8.40 million | 0.05 | -$25.42 million | ($0.69) | -0.02 |
GLG Life Tech has lower revenue, but higher earnings than Ascend Wellness. Ascend Wellness is trading at a lower price-to-earnings ratio than GLG Life Tech, indicating that it is currently the more affordable of the two stocks.
Summary
Ascend Wellness beats GLG Life Tech on 10 of the 13 factors compared between the two stocks.
About Ascend Wellness
Ascend Wellness Holdings, Inc. engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods. It owns, operates, and manages cannabis cultivation facilities and dispensaries in several states across the United States, including Illinois, Massachusetts, Michigan, Ohio, New Jersey, and Pennsylvania. The company's cannabis product categories include flowers, pre-rolls, concentrates, vapes, edibles, and other cannabis-related products. As of December 31, 2022, it operated 24 retail locations. The company also sells its products through company-owned retail stores and third-party licensed retail cannabis stores. Ascend Wellness Holdings, Inc. was incorporated in 2018 and is headquartered in New York, New York.
About GLG Life Tech
GLG Life Tech Corp engages in the agricultural and commercial development of zero-calorie natural sweeteners. Its products include stevia, monk fruit, and Red M Gold. It specializes in the growing, refining, and production of extracts for distribution to the food and beverage industry. The company was founded on June 5, 1998 and is headquartered in Richmond, Canada.
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