Farstarcap Investment Corp.

TSXV:FRS.P Stock Report

Market Cap: CA$211.1k

Farstarcap Investment Valuation

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

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

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for FRS.P?

Key metric: As FRS.P 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 FRS.P. This is calculated by dividing FRS.P's market cap by their current book value.
What is FRS.P's PB Ratio?
PB Ratio-11.4x
Book-CA$18.57k
Market CapCA$211.05k

Price to Book Ratio vs Peers

How does FRS.P's PB Ratio compare to its peers?

The above table shows the PB ratio for FRS.P vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average3.4x
KKL.P Kelly Ventures
9.9xn/aCA$186.2k
TLX.P Torchlight Innovations
2xn/aCA$180.0k
IMPC.P Impact Acquisitions
1.1xn/aCA$180.0k
AAA.P First Tidal Acquisition
0.5xn/aCA$196.0k
FRS.P Farstarcap Investment
n/an/aCA$211.1k

Price-To-Book vs Peers: FRS.P has negative equity and a Price-To-Book Ratio (-12.6x) compared to the peer average (3.4x).


Price to Book Ratio vs Industry

How does FRS.P's PB Ratio compare vs other companies in the CA Capital Markets Industry?

13 CompaniesPrice / BookEstimated GrowthMarket Cap
PLRB Pluribus Technologies
0.09xn/aUS$1.02m
CAC.P Cinaport Acquisition III
0.09xn/aUS$108.65k
AIV.P Apolo IV Acquisition
0.1xn/aUS$106.57k
HAW.P Haw Capital 2
0.1xn/aUS$42.78k
FRS.P is unprofitableIndustry Avg. 0.8xNo. of Companies29PB00.61.21.82.43+
13 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: FRS.P has negative equity and a Price-To-Book Ratio (-12.6x) compared to the Canadian Capital Markets industry average (0.8x).


Price to Book Ratio vs Fair Ratio

What is FRS.P'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.

FRS.P PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-11.4x
Fair PB Ration/a

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