Peninsula Energy Valuation

Q: What is the Fair Price of PENDD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

PENDD (A$0.99) is trading below our estimate of [[fair value]] (A$10.63)

Is PENDD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PENDD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PENDD (A$0.99) is trading below our estimate of fair value (A$10.63)

Significantly Below Fair Value: PENDD is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PENDD?

Key metric: As PENDD is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for PENDD. This is calculated by dividing PENDD's market cap by their current revenue.
What is PENDD's PS Ratio?
PS Ratio	10x
Sales	US$11.87m
Market Cap	US$118.53m

PENDD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.7x
Enterprise Value/EBITDA	-1.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does PENDD's PS Ratio compare to its peers?

The above table shows the PS ratio for PENDD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.3x
MCM MC Mining	1.1x	n/a	AU$59.5m
TER TerraCom	0.6x	n/a	AU$156.2m
NHC New Hope	2.2x	3.2%	AU$4.0b
WHC Whitehaven Coal	1.4x	12.3%	AU$5.5b
PENDD Peninsula Energy	10x	38.3%	AU$181.7m

Price-To-Sales vs Peers: PENDD is expensive based on its Price-To-Sales Ratio (10x) compared to the peer average (6.5x).

Price to Sales Ratio vs Industry

How does PENDD's PS Ratio compare vs other companies in the AU Oil and Gas Industry?

35 Companies	Price / Sales	Estimated Growth	Market Cap
WDS Woodside Energy Group	2.4x	1.5%	US$30.36b
STO Santos	2.5x	6.9%	US$13.97b
YAL Yancoal Australia	1.2x	0.8%	US$5.32b
ALD Ampol	0.2x	-1.7%	US$4.52b

35 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: PENDD is expensive based on its Price-To-Sales Ratio (10x) compared to the Australian Oil and Gas industry average (5.4x).

Price to Sales Ratio vs Fair Ratio

What is PENDD's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PENDD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	10x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate PENDD's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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