PlasCred Circular Innovations Inc.

CNSX:PLAS Stock Report

Market Cap: CA$3.2m

PlasCred Circular Innovations Valuation

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

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

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


Key Valuation Metric

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

Key metric: As PLAS 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 PLAS. This is calculated by dividing PLAS's market cap by their current book value.
What is PLAS's PB Ratio?
PB Ratio-321.1x
Book-CA$10.02k
Market CapCA$3.22m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for PLAS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average3x
EWK Earthworks Industries
0.8xn/aCA$5.7m
KLX Carbon Done Right Developments
0.2xn/aCA$947.0k
YES CHAR Technologies
8.9x58.3%CA$21.3m
BLM BluMetric Environmental
2.2xn/aCA$27.5m
PLAS PlasCred Circular Innovations
n/an/aCA$3.2m

Price-To-Book vs Peers: PLAS has negative equity and a Price-To-Book Ratio (-321.1x) compared to the peer average (3x).


Price to Book Ratio vs Industry

How does PLAS's PB Ratio compare vs other companies in the CA Commercial Services Industry?

1 CompanyPrice / BookEstimated GrowthMarket Cap
KLX Carbon Done Right Developments
0.2xn/aUS$677.52k
No more companies available in this PB range
PLAS is unprofitableIndustry Avg. 1.8xNo. of Companies3PB012345+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: PLAS has negative equity and a Price-To-Book Ratio (-321.1x) compared to the Canadian Commercial Services industry average (1.8x).


Price to Book Ratio vs Fair Ratio

What is PLAS'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.

PLAS PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-321.1x
Fair PB Ration/a

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