BluSky Carbon Valuation

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

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

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

Key Valuation Metric

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

Key metric: As BSKY 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 BSKY. This is calculated by dividing BSKY's market cap by their current book value.
What is BSKY's PB Ratio?
PB Ratio	18.8x
Book	CA$1.63m
Market Cap	CA$29.16m

BSKY 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	-9.2x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for BSKY 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	17.6x
TMG Thermal Energy International	8.8x	n/a	CA$34.5m
ENW EnWave	2.8x	n/a	CA$26.6m
CNO California Nanotechnologies	40x	n/a	CA$48.0m
SHRC Sharc International Systems	18.7x	n/a	CA$33.3m
BSKY BluSky Carbon	18.8x	n/a	CA$29.2m

Price-To-Book vs Peers: BSKY is expensive based on its Price-To-Book Ratio (18.8x) compared to the peer average (17.6x).

Price to Book Ratio vs Industry

How does BSKY's PB Ratio compare vs other companies in the CA Machinery Industry?

3 Companies	Price / Book	Estimated Growth	Market Cap
XBC Xebec Adsorption	0.3x	115.2%	US$59.42m
LEV Lion Electric	0.2x	19.3%	US$51.79m
VMC Vicinity Motor	0.1x	n/a	US$2.53m

No more companies available in this PB range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: BSKY is expensive based on its Price-To-Book Ratio (18.8x) compared to the Canadian Machinery industry average (2.6x).

Price to Book Ratio vs Fair Ratio

What is BSKY'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.

BSKY PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	18.8x
Fair PB Ratio	n/a

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

Discover undervalued companies

Doman Building Materials Group

CA$842.3m

Through its subsidiaries, engages in the wholesale distribution of building materials and home renovation products in the United States and Canada.

DBM

CA$9.58

3.1%

43.6%

Bird Construction

CA$1.7b

Provides construction services in Canada.

BDT

CA$29.92

4.3%

152.5%

Bombardier

CA$9.9b

Engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide.

BBD.B

CA$103.65

14.2%

104.0%