Bonterra Energy Corp.

TSX:BNE Stock Report

Market Cap: CA$129.5m

Bonterra Energy Valuation

Is BNE 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: BNE (CA$3.54) is trading above our estimate of fair value (CA$1)

Significantly Below Fair Value: BNE is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As BNE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BNE. This is calculated by dividing BNE's market cap by their current earnings.
What is BNE's PE Ratio?
PE Ratio4.8x
EarningsCA$27.39m
Market CapCA$129.52m

Price to Earnings Ratio vs Peers

How does BNE's PE Ratio compare to its peers?

The above table shows the PE ratio for BNE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12x
CNE Canacol Energy
3.8x59.4%CA$121.1m
GXE Gear Energy
10.8xn/aCA$127.8m
IPO InPlay Oil
7.9x-7.4%CA$144.2m
JOY Journey Energy
25.6x27.0%CA$124.1m
BNE Bonterra Energy
4.8x-87.5%CA$129.5m

Price-To-Earnings vs Peers: BNE is good value based on its Price-To-Earnings Ratio (4.8x) compared to the peer average (12x).

Price to Earnings Ratio vs Industry

How does BNE's PE Ratio compare vs other companies in the CA Oil and Gas Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HAM Highwood Asset Management
1.2x-41.1%US$63.43m
ALPS.U Alpine Summit Energy Partners
1xn/aUS$24.02m
KUB.H Carcetti Capital
0.7xn/aUS$5.82m
GCOM Green Shift Commodities
1.2xn/aUS$3.82m
BNE 4.8xIndustry Avg. 10.3xNo. of Companies11PE0612182430+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BNE is good value based on its Price-To-Earnings Ratio (4.8x) compared to the Canadian Oil and Gas industry average (10.4x).

Price to Earnings Ratio vs Fair Ratio

What is BNE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BNE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.8x
Fair PE Ratio1.8x

Price-To-Earnings vs Fair Ratio: BNE is expensive based on its Price-To-Earnings Ratio (4.8x) compared to the estimated Fair Price-To-Earnings Ratio (1.8x).

Analyst Price Targets

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

The above table shows the analyst BNE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$3.54
CA$6.56
+85.4%
18.7%CA$8.00CA$5.00n/a4
Dec ’25CA$3.46
CA$6.56
+89.7%
18.7%CA$8.00CA$5.00n/a4
Nov ’25CA$3.34
CA$7.25
+117.1%
18.5%CA$8.75CA$5.50n/a3
Oct ’25CA$3.82
CA$7.92
+107.2%
23.4%CA$10.00CA$5.50n/a3
Sep ’25CA$4.38
CA$8.25
+88.4%
17.3%CA$10.00CA$6.50n/a3
Aug ’25CA$4.69
CA$8.58
+83.0%
12.2%CA$10.00CA$7.50n/a3
Jul ’25CA$5.15
CA$8.75
+69.9%
10.2%CA$10.00CA$8.00n/a3
Jun ’25CA$5.29
CA$8.56
+61.9%
10.6%CA$10.00CA$7.50n/a4
May ’25CA$5.65
CA$8.44
+49.3%
4.4%CA$9.00CA$8.00n/a4
Apr ’25CA$6.38
CA$8.25
+29.3%
6.4%CA$9.00CA$7.50n/a4
Mar ’25CA$5.20
CA$8.25
+58.7%
23.7%CA$11.50CA$6.50n/a4
Feb ’25CA$4.76
CA$8.50
+78.6%
19.3%CA$11.50CA$7.00n/a5
Jan ’25CA$5.23
CA$9.20
+75.9%
15.2%CA$11.50CA$7.50n/a5
Dec ’24CA$5.91
CA$10.15
+71.7%
7.9%CA$11.50CA$9.00CA$3.465
Nov ’24CA$7.05
CA$10.15
+44.0%
7.9%CA$11.50CA$9.00CA$3.345
Oct ’24CA$7.47
CA$9.80
+31.2%
4.1%CA$10.00CA$9.00CA$3.825
Sep ’24CA$7.64
CA$9.58
+25.4%
4.7%CA$10.00CA$9.00CA$4.386
Aug ’24CA$6.95
CA$9.33
+34.3%
8.6%CA$10.00CA$8.00CA$4.696
Jul ’24CA$5.59
CA$9.50
+69.9%
14.6%CA$10.50CA$6.50CA$5.156
Jun ’24CA$5.30
CA$9.67
+82.4%
10.6%CA$10.50CA$7.50CA$5.296
May ’24CA$6.69
CA$10.00
+49.5%
6.5%CA$11.00CA$9.00CA$5.656
Apr ’24CA$6.60
CA$10.04
+52.1%
14.0%CA$11.75CA$7.50CA$6.386
Mar ’24CA$6.70
CA$10.00
+49.3%
14.2%CA$11.75CA$7.50CA$5.206
Feb ’24CA$6.44
CA$10.17
+57.9%
13.6%CA$11.75CA$8.25CA$4.766
Jan ’24CA$6.76
CA$11.38
+68.3%
10.7%CA$13.00CA$9.75CA$5.236
Dec ’23CA$7.60
CA$11.92
+56.8%
10.9%CA$14.00CA$10.00CA$5.916

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 06:26
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bonterra Energy Corp. is covered by 20 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Trevor ReynoldsAcumen Capital Finance Partners Limited
Laique Ahmad Amir ArifATB Capital Markets
Patrick O'RourkeATB Capital Markets