Which companies are Tilray Brands's closest peers?

The cockpit's peer set: Ningxia Xiaoming Agriculture & Animal Husbandry (300967.SZ), Shenzhen Kingsino Technology (002548.SZ), Bannari Amman Sugars (BANARISUG.NS), Hokuto (1379.T), Xinjiang Tianshan Animal Husbandry Bio-engineering (300313.SZ), Shree Renuka Sugars (RENUKA.NS), Dalmia Bharat Sugar & Industries (DALMIASUG.NS), Vital Farms (VITL).

Is Tilray Brands expensive compared with its peers?

On ev / sales it trades at 0.6× against a peer median of 1.4×, 2nd cheapest of 21 in its peer set.

How has Tilray Brands stock performed?

Over six months to 6 Nov 2026 the shares returned -46.6% against -8.0% for the median peer; over one year -77.4%.

← CockpitCompetitor Analysis › TLRY.TO Tilray Brands, Inc.Open in the cockpit ↗

Tilray Brands, Inc.TLRY.TOCompetitor analysis, valuation and peers

Canada · CAD·Consumer Staples›Agricultural Commodities/Milling

Momentum laggard 6

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$433M

US dollars, full cap

Free float

98%

of shares outstanding

$/day

$2.08M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-14.6 pp

WACC 12.0%

Hurdle

n/a

no reverse DCF

Next earnings

66 days

11 Jan 2027

Close · CADC$4.12

1D+4.8%

1W+17.4%

1M-22.6%

3M-35.2%

6M-46.6%

YTD-66.8%

1Y-77.4%

ATR %6.0%

52w lowhigh80.9% off high

What Tilray Brands does

Employees: 3,595

Tilray Brands at a glance

Size Tilray Brands (TLRY.TO) is a Canada Consumer Staples company (Agricultural Commodities/Milling) with a market value of $433M, the 360th largest of 420 Canada companies the cockpit tracks. Shares closed at C$4.12 on 6 Nov 2026.

Performance Over six months the shares fell 46.6%, against -8.0% for the median peer and +5.2% for the Canada market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue grew 16.9% over the last twelve months (peer median -1.8%); the operating margin is -6.3% (peer median -0.7%).

Valuation It trades at 0.6× enterprise value to sales against a peer median of 1.4× (2nd cheapest of 21).

Capital Return on invested capital runs 14.6 points below its cost of capital (12.0% WACC).

Next results Next results expected around 11 Jan 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Tilray Brands against the median of its 20 peers (local-currency closes).

Tilray Brands financials

Reported figures in CAD; fiscal year ends 2026-05-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	C$1.34B	C$1.26B	C$1.13B	C$1.08B	C$852M
Revenue growth	—	+12%	+5%	+26%	—
Gross profit	C$358M	C$332M	C$209M	C$189M	C$72.6M
EBITDA	C$14.1M	C$17.0M	C$35.3M	C$19.3M	-C$74.1M
Net income	-C$228M	-C$168M	-C$3.01B	-C$334M	-C$1.97B
Free cash flow	-C$165M	-C$141M	-C$175M	-C$82.0M	-C$17.5M
Capital expenditure	C$48.0M	C$45.5M	C$45.3M	C$39.9M	C$28.2M
Total debt	C$516M	C$550M	C$452M	C$528M	C$801M

Quarterly statements and history in the cockpit →

Tilray Brands competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Tilray Brands is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Tilray Brands is the large dot.

Tilray Brands competitors and peer comparison

How Tilray Brands compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Tilray Brands against its 20 peers (data as of 6 Nov 2026)
Measure	TLRY.TO	Peer median	Rank in peer set
1-month return	-22.6%	-6.8%	2nd lowest of 21
6-month return	-46.6%	-8.0%	2nd lowest of 21
Distance from 52-week high	-80.9%	-34.4%	lowest of 21
Revenue growth (TTM)	+16.9%	-1.8%	3rd highest of 21
Operating margin	-6.3%	-0.7%	5th lowest of 20
EV / Sales	0.6×	1.4×	2nd cheapest of 21
ROIC minus cost of capital	-14.6 pp	-5.4 pp	2nd lowest of 20
Net debt / EBITDA	14.8×	3.6×	2nd most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Tilray Brands TLRY.TO	Canada	$433M	-47%	+17%	-6%	0.6×	n/a	n/a
Ningxia Xiaoming Agriculture & Animal Husbandry 300967.SZ	China	$435M	-7%	-17%	-2%	3.0×	21.1%	+17.7%
Shenzhen Kingsino Technology 002548.SZ	China	$428M	-35%	-2%	-12%	1.2×	12.6%	+3.2%
Bannari Amman Sugars BANARISUG.NS	India	$423M	-13%	-8%	6%	2.4×	26.7%	+4.9%
Hokuto 1379.T	Japan	$411M	+13%	+4%	8%	0.8×	-7.8%	+3.1%
Xinjiang Tianshan Animal Husbandry Bio-engineering 300313.SZ	China	$411M	+32%	+187%	-4%	7.6×	n/a	n/a
Shree Renuka Sugars RENUKA.NS	India	$410M	-36%	-10%	4%	1.2×	n/a	n/a
Dalmia Bharat Sugar & Industries DALMIASUG.NS	India	$409M	+23%	-5%	7%	1.1×	15.7%	+7.7%
Vital Farms VITL	United States	$409M	+6%	+5%	-3%	0.7×	n/a	n/a
Shanghai Xuerong Bio-Technology 300511.SZ	China	$408M	-46%	+29%	4%	1.6×	0.6%	-1.9%
Zuming Bean Products 003030.SZ	China	$405M	-2%	+12%	-2%	1.6×	n/a	n/a
Royal 002329.SZ	China	$467M	-15%	-2%	-25%	3.1×	n/a	n/a
Bajaj Hindusthan Sugar BAJAJHIND.NS	India	$470M	-8%	-2%	1%	0.8×	n/a	n/a
CNFC Overseas Fisheries 000798.SZ	China	$470M	-8%	-2%	-2%	1.4×	n/a	n/a
Xinjiang Sayram Modern Agriculture 600540.SS	China	$399M	-18%	-4%	n/a	1.1×	n/a	n/a
J-Oil Mills 2613.T	Japan	$474M	+15%	+1%	2%	0.4×	n/a	n/a
Nippon Beet Sugar Manufacturing 2108.T	Japan	$391M	+24%	0%	1%	0.8×	40.4%	+4.6%
Select Harvests SHV.AX	Australia	$390M	+13%	-6%	-6%	2.7×	27.3%	+16.3%
Shandong Homey Aquatic Development 600467.SS	China	$486M	-9%	-21%	14%	5.0×	5.0%	-3.1%
Fujian Tianma Science & Technology 603668.SS	China	$488M	-52%	+6%	-1%	1.4×	29.6%	+10.5%
Zhanjiang Guolian Aquatic Products 300094.SZ	China	$490M	-8%	-9%	-28%	1.6×	0.7%	-6.6%

Questions

Which companies are Tilray Brands's closest peers?: The cockpit's peer set: Ningxia Xiaoming Agriculture & Animal Husbandry (300967.SZ), Shenzhen Kingsino Technology (002548.SZ), Bannari Amman Sugars (BANARISUG.NS), Hokuto (1379.T), Xinjiang Tianshan Animal Husbandry Bio-engineering (300313.SZ), Shree Renuka Sugars (RENUKA.NS), Dalmia Bharat Sugar & Industries (DALMIASUG.NS), Vital Farms (VITL).
Is Tilray Brands expensive compared with its peers?: On ev / sales it trades at 0.6× against a peer median of 1.4×, 2nd cheapest of 21 in its peer set.
How has Tilray Brands stock performed?: Over six months to 6 Nov 2026 the shares returned -46.6% against -8.0% for the median peer; over one year -77.4%.