Saturn Oil & Gas Valuation

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

Below Fair Value: SOIL (CA$2.19) is trading below our estimate of fair value (CA$4.72)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SOIL. This is calculated by dividing SOIL's market cap by their current earnings.
What is SOIL's PE Ratio?
PE Ratio2.1x
EarningsCA$211.88m
Market CapCA$432.18m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SOIL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average5.5x
PIPE Pipestone Energy
3.5xn/aCA$559.4m
RBY Rubellite Energy
6.5x2.8%CA$202.6m
TAL PetroTal
3.7x-4.6%CA$584.0m
KEI Kolibri Global Energy
8.2x2.9%CA$185.0m
SOIL Saturn Oil & Gas
2.1x-9.2%CA$432.2m

Price-To-Earnings vs Peers: SOIL is good value based on its Price-To-Earnings Ratio (2.1x) compared to the peer average (6.1x).


Price to Earnings Ratio vs Industry

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

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HAM Highwood Asset Management
1.3x-43.9%US$65.03m
ALPS.U Alpine Summit Energy Partners
1xn/aUS$24.02m
KUB.H Carcetti Capital
0.7xn/aUS$5.82m
GCOM Green Shift Commodities
1.4xn/aUS$4.93m
SOIL 2.1xIndustry Avg. 11.0xNo. of Companies11PE0816243240+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SOIL is good value based on its Price-To-Earnings Ratio (2.1x) compared to the Canadian Oil and Gas industry average (10.7x).


Price to Earnings Ratio vs Fair Ratio

What is SOIL'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.

SOIL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.1x
Fair PE Ratio7.5x

Price-To-Earnings vs Fair Ratio: SOIL is good value based on its Price-To-Earnings Ratio (2.1x) compared to the estimated Fair Price-To-Earnings Ratio (7.5x).


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 SOIL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$2.19
CA$4.91
+124.1%
27.1%CA$7.35CA$3.75n/a7
Nov ’25CA$2.14
CA$5.01
+134.3%
26.3%CA$7.35CA$3.75n/a7
Oct ’25CA$2.43
CA$5.16
+112.5%
29.2%CA$7.50CA$3.75n/a7
Sep ’25CA$2.79
CA$5.39
+93.2%
28.1%CA$7.50CA$3.75n/a6
Aug ’25CA$2.63
CA$5.72
+117.5%
25.3%CA$7.50CA$4.00n/a5
Jul ’25CA$2.67
CA$6.28
+135.3%
25.7%CA$7.50CA$4.00n/a3
Jun ’25CA$2.62
CA$4.80
+83.2%
13.4%CA$5.80CA$4.00n/a5
May ’25CA$2.62
CA$5.00
+90.8%
10.0%CA$5.80CA$4.45n/a5
Apr ’25CA$2.57
CA$5.00
+94.6%
10.0%CA$5.80CA$4.45n/a5
Mar ’25CA$2.38
CA$5.29
+122.3%
7.4%CA$5.80CA$4.75n/a5
Feb ’25CA$2.40
CA$5.41
+125.4%
8.5%CA$6.00CA$4.75n/a5
Jan ’25CA$2.20
CA$5.76
+161.8%
12.5%CA$7.00CA$4.75n/a5
Dec ’24CA$2.25
CA$5.76
+156.0%
12.5%CA$7.00CA$4.75n/a5
Nov ’24CA$2.49
CA$5.76
+131.3%
12.5%CA$7.00CA$4.75CA$2.145
Oct ’24CA$2.86
CA$5.76
+101.4%
12.5%CA$7.00CA$4.75CA$2.435
Sep ’24CA$2.71
CA$5.88
+117.0%
13.4%CA$7.00CA$4.75CA$2.795
Aug ’24CA$2.73
CA$6.05
+121.6%
13.4%CA$7.00CA$4.75CA$2.635
Jul ’24CA$2.20
CA$6.05
+175.6%
13.4%CA$7.00CA$4.75CA$2.675
Jun ’24CA$2.21
CA$6.25
+182.8%
16.0%CA$7.50CA$4.75CA$2.625
May ’24CA$2.40
CA$6.45
+168.8%
18.7%CA$8.00CA$4.75CA$2.625
Apr ’24CA$2.51
CA$6.45
+157.0%
18.7%CA$8.00CA$4.75CA$2.575
Mar ’24CA$2.60
CA$6.50
+150.0%
18.7%CA$8.00CA$4.75CA$2.385
Feb ’24CA$2.41
CA$6.97
+189.1%
17.3%CA$9.00CA$5.50CA$2.406
Jan ’24CA$2.35
CA$7.00
+197.9%
15.7%CA$9.00CA$5.50CA$2.207
Dec ’23CA$2.51
CA$7.33
+192.2%
14.6%CA$9.00CA$5.50CA$2.256
Nov ’23CA$2.90
CA$7.88
+171.6%
9.4%CA$9.00CA$7.00CA$2.494

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