CanAsia Energy Corp.

TSXV:CEC Stock Report

Market Cap: CA$11.3m

CanAsia Energy Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CEC. This is calculated by dividing CEC's market cap by their current earnings.
What is CEC's PE Ratio?
PE Ratio13x
EarningsCA$867.00k
Market CapCA$11.28m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CEC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.2x
TCF Trillion Energy International
18.4x193.7%CA$13.5m
RZE.H Razor Energy
0.1xn/aCA$4.9m
WCE WesCan Energy
52.6xn/aCA$4.7m
MCS McChip Resources
1.6xn/aCA$4.6m
CEC CanAsia Energy
13xn/aCA$11.3m

Price-To-Earnings vs Peers: CEC is good value based on its Price-To-Earnings Ratio (13x) compared to the peer average (18.2x).

Price to Earnings Ratio vs Industry

How does CEC'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$63.27m
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$4.41m
CEC 13.0xIndustry Avg. 10.9xNo. of Companies13PE0816243240+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CEC is expensive based on its Price-To-Earnings Ratio (13x) compared to the Canadian Oil and Gas industry average (11.4x).

Price to Earnings Ratio vs Fair Ratio

What is CEC'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.

CEC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13x
Fair PE Ration/a

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