Criterium Energy Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: CEQ (CA$0.07) is trading below our estimate of fair value (CA$4.08)

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


Key Valuation Metric

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

Key metric: As CEQ is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CEQ. This is calculated by dividing CEQ's market cap by their current revenue.
What is CEQ's PS Ratio?
PS Ratio0.4x
SalesCA$24.46m
Market CapCA$8.71m

Price to Sales Ratio vs Peers

How does CEQ's PS Ratio compare to its peers?

The above table shows the PS ratio for CEQ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average25.4x
RHC Royal Helium
5.6x33.6%CA$12.5m
FHR Fiddlehead Resources
10xn/aCA$7.0m
SNV Sonoro Energy
59.2xn/aCA$24.9m
SPI Canadian Spirit Resources
26.8xn/aCA$8.6m
CEQ Criterium Energy
0.4xn/aCA$8.7m

Price-To-Sales vs Peers: CEQ is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (25.4x).


Price to Sales Ratio vs Industry

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

17 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.2.0x1.8%
CEQ Criterium Energy
0.4xn/aUS$6.12m
PKI Parkland
0.2x2.3%US$4.30b
GEI Gibson Energy
0.3x-5.6%US$2.82b
CEQ 0.4xIndustry Avg. 2.0xNo. of Companies29PS01.63.24.86.48+
17 CompaniesEstimated GrowthMarket Cap
Industry Avg.2.0x4.6%
CEQ Criterium Energy
0.4xn/aUS$6.12m
No more companies

Price-To-Sales vs Industry: CEQ is good value based on its Price-To-Sales Ratio (0.4x) compared to the Canadian Oil and Gas industry average (2x).


Price to Sales Ratio vs Fair Ratio

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

CEQ PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CEQ's Price-To-Sales 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?

The above table shows the analyst CEQ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$0.065
CA$0.28
+323.3%
27.2%CA$0.35CA$0.20n/a2
Dec ’25CA$0.08
CA$0.28
+243.9%
27.2%CA$0.35CA$0.20n/a2
Nov ’25CA$0.075
CA$0.28
+267.3%
27.3%CA$0.35CA$0.20n/a2
Oct ’25CA$0.10
CA$0.27
+174.1%
27.5%CA$0.35CA$0.20n/a2
Sep ’25CA$0.065
CA$0.28
+323.7%
27.2%CA$0.35CA$0.20n/a2
Aug ’25CA$0.07
CA$0.28
+293.4%
27.4%CA$0.35CA$0.20n/a2
Jul ’25CA$0.065
CA$0.28
+323.7%
27.4%CA$0.35CA$0.20n/a2
Jun ’25CA$0.075
CA$0.28
+267.6%
27.2%CA$0.35CA$0.20n/a2
Apr ’25CA$0.045
CA$0.35
+683.2%
43.2%CA$0.50CA$0.20n/a2

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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