Rubellite Energy Corp.

TSX:RBY Stock Report

Market Cap: CA$206.2m

Rubellite Energy Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

CA$41.61
Fair Value
94.7% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: RBY (CA$2.21) is trading below our estimate of fair value (CA$41.61)

Significantly Below Fair Value: RBY is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for RBY. This is calculated by dividing RBY's market cap by their current earnings.
What is RBY's PE Ratio?
PE Ratio3.5x
EarningsCA$58.97m
Market CapCA$206.19m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for RBY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.7x
HME Hemisphere Energy
6.5x-14.62%CA$207.9m
JOY Journey Energy
13.7x52.59%CA$219.4m
PRQ Petrus Resources
26.5xn/aCA$228.0m
ALV Alvopetro Energy
8x15.73%CA$247.6m
RBY Rubellite Energy
3.5x-113.42%CA$206.2m

Price-To-Earnings vs Peers: RBY is good value based on its Price-To-Earnings Ratio (3.5x) compared to the peer average (13.7x).

Price to Earnings Ratio vs Industry

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

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CNE Canacol Energy
1.9x21.09%US$58.69m
ALPS.U Alpine Summit Energy Partners
1xn/aUS$24.02m
KUB.H Carcetti Capital
0.7xn/aUS$5.82m
RZE.H Razor Energy
0.1xn/aUS$3.57m
No more companies available in this PE range
RBY 3.5xIndustry Avg. 12.6xNo. of Companies12PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RBY is good value based on its Price-To-Earnings Ratio (3.5x) compared to the Canadian Oil and Gas industry average (12.6x).

Price to Earnings Ratio vs Fair Ratio

What is RBY'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.

RBY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.5x
Fair PE Ratio2.7x

Price-To-Earnings vs Fair Ratio: RBY is expensive based on its Price-To-Earnings Ratio (3.5x) compared to the estimated Fair Price-To-Earnings Ratio (2.7x).

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 RBY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$2.21
CA$3.08
+39.52%
3.82%CA$3.25CA$3.00n/a3
Sep ’26CA$2.30
CA$3.08
+34.06%
3.82%CA$3.25CA$3.00n/a3
Aug ’26CA$2.07
CA$3.19
+53.99%
10.19%CA$3.75CA$3.00n/a4
Jul ’26CA$1.95
CA$3.19
+63.46%
10.19%CA$3.75CA$3.00n/a4
Jun ’26CA$1.77
CA$3.13
+76.55%
12.00%CA$3.75CA$2.75n/a4
May ’26CA$1.72
CA$3.13
+81.69%
12.00%CA$3.75CA$2.75n/a4
Apr ’26CA$1.93
CA$3.50
+81.35%
16.75%CA$4.50CA$3.00n/a4
Mar ’26CA$1.93
CA$3.56
+84.59%
15.98%CA$4.50CA$3.00n/a4
Feb ’26CA$2.04
CA$3.56
+74.63%
15.98%CA$4.50CA$3.00n/a4
Jan ’26CA$2.12
CA$3.56
+68.04%
15.98%CA$4.50CA$3.00n/a4
Dec ’25CA$2.23
CA$3.81
+70.96%
12.59%CA$4.50CA$3.25n/a4
Nov ’25CA$2.06
CA$3.58
+73.95%
8.70%CA$4.00CA$3.25n/a3
Oct ’25CA$2.19
CA$4.13
+88.36%
9.09%CA$4.50CA$3.75CA$2.232
Sep ’25CA$2.48
CA$4.00
+61.29%
7.65%CA$4.50CA$3.75CA$2.304
Aug ’25CA$2.17
CA$4.00
+84.33%
7.65%CA$4.50CA$3.75CA$2.074
Jul ’25CA$2.32
CA$4.17
+79.60%
5.66%CA$4.50CA$4.00CA$1.953
Jun ’25CA$2.40
CA$4.04
+68.23%
6.97%CA$4.50CA$3.75CA$1.774
May ’25CA$2.56
CA$4.10
+60.16%
5.72%CA$4.50CA$3.90CA$1.724
Apr ’25CA$2.55
CA$4.03
+58.17%
9.13%CA$4.50CA$3.60CA$1.933
Mar ’25CA$2.30
CA$3.77
+63.77%
16.27%CA$4.50CA$3.00CA$1.933
Feb ’25CA$2.30
CA$3.64
+58.15%
15.83%CA$4.50CA$3.00CA$2.044
Jan ’25CA$2.01
CA$3.95
+96.52%
9.22%CA$4.50CA$3.50CA$2.124
Dec ’24CA$2.28
CA$3.86
+69.30%
9.64%CA$4.50CA$3.50CA$2.235
Nov ’24CA$2.69
CA$3.81
+41.64%
11.27%CA$4.50CA$3.25CA$2.065
Oct ’24CA$2.34
CA$3.40
+45.30%
9.97%CA$3.75CA$2.75CA$2.195
CA$3.08
Fair Value
28.3% undervalued intrinsic discount
3
Number of Analysts

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 Analysis2025/10/05 17:39
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Rubellite Energy Corp. is covered by 7 analysts. 2 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
Michael MurphyBMO Capital Markets Equity Research