Kiwetinohk Energy Corp.

TSX:KEC Stock Report

Market Cap: CA$691.4m

Kiwetinohk Energy Valuation

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

Below Fair Value: KEC (CA$15.64) is trading below our estimate of fair value (CA$18.99)

Significantly Below Fair Value: KEC is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for KEC. This is calculated by dividing KEC's market cap by their current earnings.
What is KEC's PE Ratio?
PE Ratio10.5x
EarningsCA$65.39m
Market CapCA$691.39m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KEC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average5.5x
FEC Frontera Energy
4.6xn/aCA$634.2m
OBE Obsidian Energy
4.7x15.4%CA$544.6m
CJ Cardinal Energy
9.6x6.3%CA$1.0b
TAL PetroTal
3.1x-2.8%CA$538.1m
KEC Kiwetinohk Energy
10.5xn/aCA$691.4m

Price-To-Earnings vs Peers: KEC is expensive based on its Price-To-Earnings Ratio (10.5x) compared to the peer average (5.5x).

Price to Earnings Ratio vs Industry

How does KEC'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$60.94m
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$3.85m
KEC 10.5xIndustry Avg. 10.3xNo. of Companies13PE0612182430+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KEC is expensive based on its Price-To-Earnings Ratio (10.5x) compared to the Canadian Oil and Gas industry average (10.4x).

Price to Earnings Ratio vs Fair Ratio

What is KEC'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.

KEC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate KEC's Price-To-Earnings 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?

The above table shows the analyst KEC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$15.64
CA$19.67
+25.7%
11.3%CA$22.50CA$17.00n/a6
Dec ’25CA$15.51
CA$19.33
+24.7%
12.1%CA$22.50CA$16.50n/a6
Nov ’25CA$15.05
CA$18.50
+22.9%
16.1%CA$22.50CA$14.00n/a6
Oct ’25CA$14.10
CA$19.00
+34.8%
15.9%CA$22.50CA$14.00n/a7
Sep ’25CA$14.60
CA$19.00
+30.1%
15.9%CA$22.50CA$14.00n/a7
Aug ’25CA$13.60
CA$19.00
+39.7%
15.9%CA$22.50CA$14.00n/a7
Jul ’25CA$13.19
CA$18.93
+43.5%
16.0%CA$22.50CA$14.00n/a7
Jun ’25CA$13.17
CA$19.06
+44.7%
15.9%CA$22.50CA$14.00n/a8
May ’25CA$12.30
CA$18.94
+54.0%
16.7%CA$22.50CA$14.00n/a8
Apr ’25CA$12.24
CA$18.43
+50.6%
15.8%CA$22.00CA$14.00n/a7
Mar ’25CA$10.95
CA$18.86
+72.2%
16.1%CA$22.00CA$14.00n/a7
Feb ’25CA$11.15
CA$18.86
+69.1%
16.1%CA$22.00CA$14.00n/a7
Jan ’25CA$11.35
CA$19.50
+71.8%
18.4%CA$24.00CA$14.00n/a7
Dec ’24CA$12.69
CA$19.56
+54.2%
15.2%CA$24.00CA$16.00CA$15.518
Nov ’24CA$13.20
CA$19.92
+50.9%
18.2%CA$24.00CA$16.00CA$15.056
Oct ’24CA$13.01
CA$20.83
+60.1%
21.0%CA$26.50CA$16.00CA$14.106
Sep ’24CA$12.99
CA$21.00
+61.7%
20.2%CA$26.50CA$16.00CA$14.606
Aug ’24CA$14.05
CA$21.00
+49.5%
20.2%CA$26.50CA$16.00CA$13.606
Jul ’24CA$12.01
CA$20.67
+72.1%
21.9%CA$26.50CA$16.00CA$13.196
Jun ’24CA$12.68
CA$21.00
+65.6%
20.2%CA$26.50CA$16.00CA$13.176
May ’24CA$12.66
CA$21.92
+73.1%
18.7%CA$26.50CA$16.00CA$12.306
Apr ’24CA$11.87
CA$22.58
+90.3%
14.8%CA$26.50CA$18.00CA$12.246
Mar ’24CA$12.73
CA$23.25
+82.6%
11.4%CA$26.50CA$20.00CA$10.956
Feb ’24CA$14.14
CA$23.42
+65.6%
10.8%CA$26.50CA$20.00CA$11.156
Jan ’24CA$14.57
CA$23.58
+61.9%
10.1%CA$26.50CA$20.00CA$11.356
Dec ’23CA$14.50
CA$23.58
+62.6%
10.1%CA$26.50CA$20.00CA$12.696

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 10:45
End of Day Share Price 2024/12/17 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

Kiwetinohk Energy Corp. is covered by 12 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Laique Ahmad Amir ArifATB Capital Markets
Patrick O'RourkeATB Capital Markets
Randy OllenbergerBMO Capital Markets Equity Research