Azincourt Energy Corp.

TSXV:AAZ Stock Report

Market Cap: CA$3.2m

Azincourt Energy Valuation

Is AAZ 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-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate AAZ's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate AAZ's fair value for valuation analysis.

Key Valuation Metric

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

Key metric: As AAZ is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for AAZ. This is calculated by dividing AAZ's market cap by their current book value.
What is AAZ's PB Ratio?
PB Ratio0.7x
BookCA$7.14m
Market CapCA$3.15m

Price to Book Ratio vs Peers

How does AAZ's PB Ratio compare to its peers?

The above table shows the PB ratio for AAZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.9x
PAT Patterson Metals
2.4xn/aCA$2.7m
STND Standard Uranium
0.3xn/aCA$3.9m
DMC Dunbar Metals
3.9xn/aCA$4.1m
TCEC Terra Clean Energy
1xn/aCA$2.0m
AAZ Azincourt Energy
0.7xn/aCA$3.2m

Price-To-Book vs Peers: AAZ is good value based on its Price-To-Book Ratio (0.7x) compared to the peer average (1.9x).

Price to Book Ratio vs Industry

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

10 CompaniesPrice / BookEstimated GrowthMarket Cap
BNE Bonterra Energy
0.2x-82.7%US$91.02m
YGR Yangarra Resources
0.2xn/aUS$73.92m
TWM Tidewater Midstream and Infrastructure
0.2x110.6%US$41.43m
LCFS Tidewater Renewables
0.2x110.5%US$22.02m
AAZ 0.7xIndustry Avg. 1.3xNo. of Companies24PB012345+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: AAZ is good value based on its Price-To-Book Ratio (0.7x) compared to the Canadian Oil and Gas industry average (1.3x).

Price to Book Ratio vs Fair Ratio

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

AAZ PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate AAZ's Price-To-Book 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?

Analyst Forecast: Insufficient data to show price forecast.

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