Cobra Venture Valuation

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

CBV (CA$0.16) is trading above our estimate of [[fair value]] (CA$0.02)

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: CBV (CA$0.16) is trading above our estimate of fair value (CA$0.02)

Significantly Below Fair Value: CBV is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CBV. This is calculated by dividing CBV's market cap by their current earnings.
What is CBV's PE Ratio?
PE Ratio	21.5x
Earnings	CA$123.14k
Market Cap	CA$2.65m

CBV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.4x
Enterprise Value/EBITDA	4.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CBV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	24.3x
MCM.A Matachewan Consolidated Mines	1.9x	n/a	CA$3.5m
MCS McChip Resources	1.6x	n/a	CA$4.6m
ATI Altai Resources	85.1x	n/a	CA$4.0m
KYS.H Kaymus Resources	8.5x	n/a	CA$1.2m
CBV Cobra Venture	21.5x	n/a	CA$2.6m

Price-To-Earnings vs Peers: CBV is good value based on its Price-To-Earnings Ratio (21.5x) compared to the peer average (24.3x).

Price to Earnings Ratio vs Industry

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

7 Companies	Price / Earnings	Estimated Growth	Market Cap
HAM Highwood Asset Management	1.3x	-43.9%	US$65.03m
ALPS.U Alpine Summit Energy Partners	1x	n/a	US$24.02m
KUB.H Carcetti Capital	0.7x	n/a	US$5.82m
GCOM Green Shift Commodities	1.4x	n/a	US$4.93m

7 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CBV is expensive based on its Price-To-Earnings Ratio (21.5x) compared to the Canadian Oil and Gas industry average (11x).

Price to Earnings Ratio vs Fair Ratio

What is CBV'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.

CBV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	21.5x
Fair PE Ratio	n/a

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

Analyst Forecast: Insufficient data to show price forecast.

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