Iocaste Ventures Inc.

TSXV:ICY.P Stock Report

Market Cap: CA$112.2k

Iocaste Ventures Valuation

Is ICY.P undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 ICY.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 ICY.P's fair value for valuation analysis.

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

Key Valuation Metric

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

Key metric: As ICY.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 ICY.P. This is calculated by dividing ICY.P's market cap by their current book value.
What is ICY.P's PB Ratio?
PB Ratio0.4x
BookCA$318.84k
Market CapCA$112.18k

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for ICY.P vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.8x
LDB.P LDB Capital
1.8xn/aCA$110.0k
TCK.P Trillium Acquisition
0.2xn/aCA$108.4k
YUB.P Yubba Capital
0.5xn/aCA$111.0k
HCO.P Hansco Capital
0.6xn/aCA$115.5k
ICY.P Iocaste Ventures
0.4xn/aCA$112.2k

Price-To-Book vs Peers: ICY.P is good value based on its Price-To-Book Ratio (0.4x) compared to the peer average (0.9x).

Price to Book Ratio vs Industry

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

11 CompaniesPrice / BookEstimated GrowthMarket Cap
PLRB Pluribus Technologies
0.09xn/aUS$1.02m
AITT Trenchant Technologies Capital
0.1xn/aUS$220.93k
CAC.P Cinaport Acquisition III
0.09xn/aUS$109.01k
AIV.P Apolo IV Acquisition
0.1xn/aUS$107.32k
ICY.P 0.4xIndustry Avg. 0.9xNo. of Companies27PB00.61.21.82.43+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: ICY.P is good value based on its Price-To-Book Ratio (0.4x) compared to the Canadian Capital Markets industry average (0.8x).

Price to Book Ratio vs Fair Ratio

What is ICY.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.

ICY.P PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.4x
Fair PB Ration/a

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

Discover undervalued companies

Berkshire Hathaway

US$1.0t

Through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide.

BRK

US$36.00

7D

1.4%

1Y

29.2%

AGF Management

CA$697.7m

AGF Management Limited is one of Canada’s premier investment management companies with offices across Canada and subsidiaries around the world.

AGF.B

CA$10.74

7D

-1.5%

1Y

46.9%

Vencanna Ventures

CA$2.2m

Vencanna Ventures Inc. is formerly known as The Cannavative Group LLC is a venture capital firm specializing in seed/startups and early venture.

VENI

CA$0.01

7D

0%

1Y

n/a