Toro Energy Limited

ASX:TOE Stock Report

Market Cap: AU$32.5m

Toro Energy Valuation

Is TOE 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-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate TOE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TOE's fair value for valuation analysis.

Key Valuation Metric

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

Key metric: As TOE barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for TOE. This is calculated by dividing TOE's market cap by their current book value.
What is TOE's PB Ratio?
PB Ratio1.1x
BookAU$30.40m
Market CapAU$32.48m

Price to Book Ratio vs Peers

How does TOE's PB Ratio compare to its peers?

The above table shows the PB ratio for TOE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average6.9x
CXU Cauldron Energy
15xn/aAU$20.2m
MEU Marmota
2.3xn/aAU$44.5m
EL8 Elevate Uranium
8.1xn/aAU$95.6m
AGE Alligator Energy
2.4x82.7%AU$154.9m
TOE Toro Energy
1.1xn/aAU$32.5m

Price-To-Book vs Peers: TOE is good value based on its Price-To-Book Ratio (1.1x) compared to the peer average (6.9x).

Price to Book Ratio vs Industry

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

6 CompaniesPrice / BookEstimated GrowthMarket Cap
BLU Blue Energy
0.2x109.7%US$9.65m
ATS Australis Oil & Gas
0.2xn/aUS$7.56m
AJQ Armour Energy
0.2xn/aUS$6.72m
BME Black Mountain Energy
0.07xn/aUS$2.00m
TOE 1.1xIndustry Avg. 1.3xNo. of Companies15PB012345+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: TOE is good value based on its Price-To-Book Ratio (1.1x) compared to the Australian Oil and Gas industry average (1.3x).

Price to Book Ratio vs Fair Ratio

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

TOE PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate TOE's Price-To-Book 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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