Hillcrest Energy Technologies Ltd.

CNSX:HEAT Stock Report

Market Cap: CA$19.0m

Hillcrest Energy Technologies Valuation

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

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

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

Key Valuation Metric

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

Key metric: As HEAT 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 HEAT. This is calculated by dividing HEAT's market cap by their current book value.
What is HEAT's PB Ratio?
PB Ratio5.8x
BookCA$3.25m
Market CapCA$19.04m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for HEAT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2x
ENW EnWave
2.8xn/aCA$24.9m
FCLI Full Circle Lithium
2.4xn/aCA$20.1m
NHHH FuelPositive
0.6xn/aCA$16.4m
SWAN Black Swan Graphene
2xn/aCA$24.9m
HEAT Hillcrest Energy Technologies
5.8xn/aCA$19.0m

Price-To-Book vs Peers: HEAT is expensive based on its Price-To-Book Ratio (5.8x) compared to the peer average (2x).

Price to Book Ratio vs Industry

How does HEAT's PB Ratio compare vs other companies in the CA Electrical Industry?

1 CompanyPrice / BookEstimated GrowthMarket Cap
BLDP Ballard Power Systems
0.5x45.9%US$392.02m
No more companies available in this PB range
HEAT 5.8xIndustry Avg. 2.0xNo. of Companies4PB02.44.87.29.612+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: HEAT is expensive based on its Price-To-Book Ratio (5.8x) compared to the North American Electrical industry average (2x).

Price to Book Ratio vs Fair Ratio

What is HEAT'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.

HEAT PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio5.8x
Fair PB Ration/a

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