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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Ps Multiple | 24.7x - 27.3x | 26.0x |
Selected Fwd Ps Multiple | 1.4x - 1.5x | 1.4x |
Fair Value | £0.30 - £0.33 | £0.31 |
Upside | 3.6% - 14.5% | 9.1% |
Benchmarks | Ticker | Full Ticker |
---|---|---|
Abound Energy Inc. | - | CNSX:ABND |
Eos Energy Enterprises, Inc. | - | NasdaqCM:EOSE |
Gelion plc | - | AIM:GELN |
AFC Energy plc | - | AIM:AFC |
Pod Point Group Holdings Plc | - | LSE:PODP |
Invinity Energy Systems plc | - | AIM:IES |
Select Price / LTM Sales Ratio | ||||||||
Benchmark Companies | ||||||||
ABND | EOSE | GELN | AFC | PODP | IES | |||
CNSX:ABND | NasdaqCM:EOSE | AIM:GELN | AIM:AFC | LSE:PODP | AIM:IES | |||
Historical Sales Growth | ||||||||
5Y CAGR | NM- | 99.3% | NM- | NM- | 25.1% | 85.7% | ||
3Y CAGR | NM- | 50.3% | 8.4% | 89.1% | -4.8% | 16.3% | ||
Latest Twelve Months | NM | 37.6% | 11.7% | 1663.0% | -17.0% | -77.2% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -4660.0% | -6994.3% | -503.8% | -3267.7% | -65.9% | -2313.4% | ||
Prior Fiscal Year | NA | -1401.3% | -360.6% | -7698.2% | -130.8% | -105.3% | ||
Latest Fiscal Year | -3753.2% | -6178.4% | -399.8% | -435.3% | -160.1% | -454.6% | ||
Latest Twelve Months | -2774.8% | -4225.5% | -319.0% | -435.3% | -160.1% | -454.6% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | -1.0x | -12.2x | -7.5x | -6.5x | -0.3x | -3.8x | ||
Price / LTM Sales | 19.5x | 66.0x | 18.9x | 31.9x | 0.2x | 24.6x | ||
LTM P/E Ratio | -0.7x | -1.6x | -5.9x | -7.3x | -0.1x | -5.4x | ||
Low | Mid | High | ||||||
Benchmark LTM P/S Ratio | 0.2x | 19.5x | 66.0x | |||||
Historical LTM P/S Ratio | 3.5x | 24.6x | 777.8x | |||||
Selected Price / Sales Multiple | 24.7x | 26.0x | 27.3x | |||||
(x) LTM Sales | 5 | 5 | 5 | |||||
(=) Equity Value | 124 | 130 | 137 | |||||
(/) Shares Outstanding | 440.6 | 440.6 | 440.6 | |||||
Implied Value Range | 0.28 | 0.30 | 0.31 | |||||
FX Rate: GBP/GBP | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 0.28 | 0.30 | 0.31 | 0.29 | ||||
Upside / (Downside) | -1.6% | 3.6% | 8.8% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | ABND | EOSE | GELN | AFC | PODP | IES | |
Value of Common Equity | 2 | 1,285 | 44 | 128 | 10 | 126 | |
(/) Shares Outstanding | 36.4 | 248.6 | 176.9 | 856.8 | 156.9 | 440.6 | |
Implied Stock Price | 0.05 | 5.17 | 0.25 | 0.15 | 0.07 | 0.29 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 0.05 | 5.17 | 0.25 | 0.15 | 0.07 | 0.29 | |
Trading Currency | CAD | USD | GBP | GBP | GBP | GBP | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |