Uranium Royalty Corp.

TSX:URC Stock Report

Market Cap: CA$468.2m

Uranium Royalty Valuation

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

Below Fair Value: URC (CA$3.84) is trading below our estimate of fair value (CA$9.36)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for URC. This is calculated by dividing URC's market cap by their current earnings.
What is URC's PE Ratio?
PE Ratio54x
EarningsCA$8.66m
Market CapCA$468.16m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for URC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.7x
SGQ SouthGobi Resources
3.1xn/aCA$189.9m
VLE Valeura Energy
7.9x-73.3%CA$559.6m
MGA Mega Uranium
24.5xn/aCA$139.1m
AEC Anfield Energy
11.2xn/aCA$118.7m
URC Uranium Royalty
54x31.4%CA$468.2m

Price-To-Earnings vs Peers: URC is expensive based on its Price-To-Earnings Ratio (54x) compared to the peer average (11.7x).

Price to Earnings Ratio vs Industry

How does URC'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-43.9%US$65.11m
ALPS.U Alpine Summit Energy Partners
1xn/aUS$24.02m
KUB.H Carcetti Capital
0.7xn/aUS$5.82m
GCOM Green Shift Commodities
1.6xn/aUS$4.93m
URC 54.0xIndustry Avg. 10.7xNo. of Companies13PE0816243240+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: URC is expensive based on its Price-To-Earnings Ratio (54x) compared to the Canadian Oil and Gas industry average (10.7x).

Price to Earnings Ratio vs Fair Ratio

What is URC'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.

URC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio54x
Fair PE Ratio15.5x

Price-To-Earnings vs Fair Ratio: URC is expensive based on its Price-To-Earnings Ratio (54x) compared to the estimated Fair Price-To-Earnings Ratio (15.5x).

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 URC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$3.84
CA$7.25
+88.8%
10.3%CA$8.00CA$6.50n/a2
Nov ’25CA$3.79
CA$7.25
+91.3%
10.3%CA$8.00CA$6.50n/a2
Oct ’25CA$3.39
CA$7.25
+113.9%
10.3%CA$8.00CA$6.50n/a2
Sep ’25CA$2.93
CA$7.38
+151.7%
8.5%CA$8.00CA$6.75n/a2
Aug ’25CA$3.04
CA$7.38
+142.6%
8.5%CA$8.00CA$6.75n/a2
Jun ’25CA$3.63
CA$7.38
+103.2%
8.5%CA$8.00CA$6.75n/a2
May ’25CA$3.20
CA$7.38
+130.5%
8.5%CA$8.00CA$6.75n/a2
Apr ’25CA$3.47
CA$7.38
+112.5%
8.5%CA$8.00CA$6.75n/a2
Mar ’25CA$3.55
CA$7.38
+107.7%
8.5%CA$8.00CA$6.75n/a2
Feb ’25CA$4.76
CA$6.75
+41.8%
13.2%CA$8.00CA$6.00n/a3
Jan ’25CA$3.56
CA$6.75
+89.6%
13.2%CA$8.00CA$6.00n/a3
Dec ’24CA$3.87
CA$6.75
+74.4%
13.2%CA$8.00CA$6.00n/a3
Nov ’24CA$3.83
CA$6.75
+76.2%
13.2%CA$8.00CA$6.00CA$3.793
Oct ’24CA$3.83
CA$6.25
+63.2%
3.3%CA$6.50CA$6.00CA$3.393
Sep ’24CA$3.43
CA$6.17
+79.8%
3.8%CA$6.50CA$6.00CA$2.933
Aug ’24CA$2.91
CA$6.17
+111.9%
3.8%CA$6.50CA$6.00CA$3.043
Jul ’24CA$2.64
CA$6.17
+133.6%
3.8%CA$6.50CA$6.00CA$3.103
Jun ’24CA$2.88
CA$6.17
+114.1%
3.8%CA$6.50CA$6.00CA$3.633
May ’24CA$2.51
CA$6.17
+145.7%
3.8%CA$6.50CA$6.00CA$3.203
Mar ’24CA$3.35
CA$5.95
+77.6%
0.8%CA$6.00CA$5.90CA$3.552
Feb ’24CA$3.88
CA$5.95
+53.4%
0.8%CA$6.00CA$5.90CA$4.762
Jan ’24CA$3.20
CA$5.95
+85.9%
0.8%CA$6.00CA$5.90CA$3.562
Dec ’23CA$3.72
CA$5.95
+59.9%
0.8%CA$6.00CA$5.90CA$3.872
Nov ’23CA$3.03
CA$6.08
+100.5%
2.9%CA$6.25CA$5.90CA$3.832

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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