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

BES is expensive based on its Price-To-Sales Ratio (2.1x) compared to the peer average (0.9x).

How does BES's PS Ratio compare vs other companies in the CA Electrical Industry?

BES is expensive based on its Price-To-Sales Ratio (2.1x) compared to the North American Electrical industry average (2x).

What is BES'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.

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

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

Insufficient data to calculate BES's fair value for valuation analysis.

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

Insufficient data to show price forecast.

Braille Energy Systems (TSXV:BES) - Stock Price, News & Analysis

BES Stock Overview

Engages in the battery-manufacturing and energy storage business in Canada and internationally. More details

BES fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Does not have a meaningful market cap (CA$7M)

Earnings have declined by 8.4% per year over past 5 years

Shareholders have been diluted in the past year

Does not have meaningful revenue (CA$3M)

Braille Energy Systems Inc. Competitors

Stardust Solar Energy

TSXV:SUN

CA$7.0m

Hybrid Power Solutions

CNSX:HPSS

CA$3.1m

Eguana Technologies

TSXV:EGT

CA$2.2m

GBLT

TSXV:GBLT

CA$566.6k

Price History & Performance

Summary of all time highs, changes and price drops for Braille Energy Systems
Historical stock prices
Current Share Price	CA$0.07
52 Week High	CA$0.17
52 Week Low	CA$0.035
Beta	4.11
11 Month Change	0%
3 Month Change	-12.50%
1 Year Change	55.56%
33 Year Change	-74.07%
5 Year Change	366.67%
Change since IPO	-46.15%

Recent updates

Calculating The Intrinsic Value Of Braille Energy Systems Inc. (CVE:BES)

Dec 31

Shareholder Returns

	BES	CA Electrical	CA Market
7D	0%	0.4%	0.7%
1Y	55.6%	-26.9%	21.7%

Return vs Industry: BES exceeded the Canadian Electrical industry which returned -28.2% over the past year.

Return vs Market: BES exceeded the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is BES's price volatile compared to industry and market?
BES volatility
BES Average Weekly Movement	12.6%
Electrical Industry Average Movement	10.9%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: BES has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: BES's weekly volatility has decreased from 21% to 13% over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Lindsay Weatherdon	brailleenergy.com

Braille Energy Systems Inc. engages in the battery-manufacturing and energy storage business in Canada and internationally. The company offers automotive lithium-ion starting batteries, as well as distributes a full multi-level line of batteries and accessories. It designs, manufactures, and sells integrated back-up power systems for residential and industrial applications; stand-alone energy storage systems; complete residential home systems; and lithium battery modules under the ELECTRAFY name.

Braille Energy Systems Inc. Fundamentals Summary

How do Braille Energy Systems's earnings and revenue compare to its market cap?
BES fundamental statistics
Market cap	CA$6.95m
Earnings (TTM)	-CA$1.65m
Revenue (TTM)	CA$3.34m

2.1x

P/S Ratio

-4.2x

P/E Ratio

Is BES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BES income statement (TTM)
Revenue	CA$3.34m
Cost of Revenue	CA$2.18m
Gross Profit	CA$1.16m
Other Expenses	CA$2.81m
Earnings	-CA$1.65m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.017
Gross Margin	34.62%
Net Profit Margin	-49.51%
Debt/Equity Ratio	16.3%

How did BES perform over the long term?

See historical performance and comparison

BES Stock Overview

Risk Analysis

Braille Energy Systems Inc. Competitors

TSXV:SUN

CA$7.0m

CNSX:HPSS

CA$3.1m

TSXV:EGT

CA$2.2m

TSXV:GBLT

CA$566.6k

Price History & Performance

Recent News & Updates

Braille Energy Systems Inc. announced that it expects to receive CAD 0.3 million in funding

Braille Energy Systems Inc. Provides Update on EARLYALERT Lithium Battery Warning System

Third quarter 2024 earnings released: CA$0.003 loss per share (vs CA$0.009 loss in 3Q 2023)

Braille Energy Systems Inc. announced that it has received CAD 0.4 million in funding

Braille Energy Systems Inc., Annual General Meeting, Aug 29, 2024

New minor risk - Shareholder dilution

Recent updates

Braille Energy Systems Inc. announced that it expects to receive CAD 0.3 million in funding

Braille Energy Systems Inc. Provides Update on EARLYALERT Lithium Battery Warning System

Third quarter 2024 earnings released: CA$0.003 loss per share (vs CA$0.009 loss in 3Q 2023)

Braille Energy Systems Inc. announced that it has received CAD 0.4 million in funding

Braille Energy Systems Inc., Annual General Meeting, Aug 29, 2024

New minor risk - Shareholder dilution

Second quarter 2024 earnings released: CA$0.004 loss per share (vs CA$0.008 loss in 2Q 2023)

First quarter 2024 earnings released: CA$0.005 loss per share (vs CA$0.01 loss in 1Q 2023)

Full year 2023 earnings released: CA$0.033 loss per share (vs CA$0.034 loss in FY 2022)

New major risk - Share price stability

New major risk - Financial position

Third quarter 2023 earnings released: CA$0.009 loss per share (vs CA$0.003 loss in 3Q 2022)

Second quarter 2023 earnings released: CA$0.008 loss per share (vs CA$0.02 loss in 2Q 2022)

First quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.004 loss in 1Q 2022)

Braille Energy Systems Inc., Annual General Meeting, Apr 19, 2023

Full year 2022 earnings released: CA$0.034 loss per share (vs CA$0.012 loss in FY 2021)

Braille Energy Systems Inc. announced that it expects to receive CAD 1 million in funding

Less than half of directors are independent

Third quarter 2022 earnings released: CA$0.003 loss per share (vs CA$0 in 3Q 2021)

Stria Lithium Inc. (TSXV:SRA) completed the acquisition of Romer Polymetallic Property from Braille Energy Systems Inc. (TSXV:BES) for CAD 0.31 million.

Second quarter 2022 earnings released: CA$0.02 loss per share (vs CA$0.004 loss in 2Q 2021)

Braille Energy Systems Inc. Enters into Product Certification Phase of Energy Storage System (ESS)

Less than half of directors are independent

Stria Lithium Inc. (TSXV:SRA) entered into a letter of intent to acquire Romer Polymetallic Property from Braille Energy Systems Inc. (TSXV:BES) for CAD 0.31 million.

Braille Energy Systems Inc Announces Resignation of James J. Greenberger as Board Member

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Chief Financial Officer recently sold CA$62k worth of stock

Braille Energy Systems Inc. announced that it has received CAD 2.016 million in funding from Grafoid Inc.

Second quarter 2021 earnings released: CA$0.004 loss per share (vs CA$0.003 loss in 2Q 2020)

Braille Energy Systems Inc. announced that it expects to receive CAD 2.5 million in funding

Independent Director has left the company

Braille Energy Systems Inc., Annual General Meeting, May 21, 2021

Braille Energy Systems Inc. Announces It Has Completed Its Cold Weather Testing Program on Its F31 FLEET-LITE Commercial Fleet Battery

First quarter 2021 earnings released: CA$0.002 loss per share (vs CA$0.005 loss in 1Q 2020)

Braille Energy Systems Inc. Enters into a Supply Agreement with Unplugged Performance Inc

Braille Energy Systems Inc. Announces Lithiumion Battery Solution as Replacement for Lead Acid Batteries in Most Electric Vehicles

New 90-day high: CA$0.26

Full year 2020 earnings released: CA$0.01 loss per share (vs CA$0.057 loss in FY 2019)