TerrAscend Corp. TSNDF
TerrAscend Corp. (TSNDF) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $260.6M at a -31.2% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.62 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Agriculture, Forestry & Fishing · percentile among 29 companies
Percentile vs other Agriculture, Forestry & Fishing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.054 |
| Retained earnings / assets | -1.551 |
| EBIT / assets | 0.075 |
| Equity / liabilities | 0.216 |
Sector peers · similar-size Agriculture, Forestry & Fishing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| TSNDF | TerrAscend Corp. | 4/9 | -3.97 | — | -2.8% |
| VFF | Village Farms International, Inc. | 8/9 | — | 7.4 | +10.2% |
| LMNR | Limoneira CO | 2/9 | 1.34 | — | -16.6% |
| ITHUF | iANTHUS CAPITAL HOLDINGS, INC. | 3/9 | -18.73 | — | -14.1% |
| PLNH | Planet 13 Holdings Inc. | 2/9 | — | — | -11.2% |
| CBSTQ | Cannabist Co Holdings Inc. | 4/9 | — | — | -10.3% |
| CWBHF | Charlotte's Web Holdings, Inc. | 4/9 | -14.29 | — | +0.5% |
All Agriculture, Forestry & Fishing companies →
About TerrAscend Corp.
TerrAscend Corp. cultivates, produces, and sells cannabis products in Canada and the United States. The company manufactures vaporizables, concentrates, topicals, flowers, tinctures, and edibles. It offers its products under the brand name Kind Tree Cannabis, Legend, Valhalla Confections, State Flower Cannabis, Ilera Healthcare, Wana, and Cookies. The company also operates retail dispensaries under the Apothecarium brand name. It serves medical patients and adult-use consumers in North America. The company was incorporated in 2017 and is headquartered in Mississauga, Canada.
FAQ
Is TSNDF financially healthy?
TerrAscend Corp.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does TSNDF pay a dividend?
No, TerrAscend Corp. does not currently pay a dividend.
How profitable is TSNDF?
In FY2025, TerrAscend Corp. had a net margin of -31.2% and a return on equity of -82.1%.
What is the analyst price target for TSNDF?
The average Wall-Street price target for TerrAscend Corp. is $1.50, about 158.2% above the recent price, from 1 analysts.
Is TSNDF a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on TerrAscend Corp.: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.