Pancontinental Energy Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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 PCL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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

Key Valuation Metric

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

Key metric: As PCL is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for PCL. This is calculated by dividing PCL's market cap by their current book value.
What is PCL's PB Ratio?
PB Ratio	15.8x
Book	AU$9.75m
Market Cap	AU$154.50m

PCL 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	n/a
Enterprise Value/EBITDA	-137.5x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for PCL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	2.7x
TPD Talon Energy	3.6x	57.7%	AU$140.2m
CRD Conrad Asia Energy	2.9x	53.3%	AU$160.6m
COI Comet Ridge	2.5x	30.5%	AU$177.7m
MAY Melbana Energy	1.7x	n/a	AU$97.7m
PCL Pancontinental Energy	15.8x	n/a	AU$154.5m

Price-To-Book vs Peers: PCL is expensive based on its Price-To-Book Ratio (15.8x) compared to the peer average (2.6x).

Price to Book Ratio vs Industry

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

4 Companies	Price / Book	Estimated Growth	Market Cap
ATS Australis Oil & Gas	0.1x	n/a	US$7.54m
BME Black Mountain Energy	0.07x	n/a	US$2.00m
AUH AustChina Holdings	0.2x	n/a	US$1.56m
BSN Basin Energy	0.2x	n/a	US$1.36m

No more companies available in this PB range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: PCL is expensive based on its Price-To-Book Ratio (15.8x) compared to the Australian Oil and Gas industry average (1.3x).

Price to Book Ratio vs Fair Ratio

What is PCL'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.

PCL PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	15.8x
Fair PB Ratio	n/a

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