Falcon Oil & Gas Valuation

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

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

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

Key Valuation Metric

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

Key metric: As FO 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 FO. This is calculated by dividing FO's market cap by their current book value.
What is FO's PB Ratio?
PB Ratio	1.4x
Book	US$45.38m
Market Cap	US$63.48m

FO 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	n/a
Enterprise Value/EBITDA	-17.4x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for FO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	2x
AOI Africa Oil	1.2x	69.6%	CA$916.7m
RECO Reconnaissance Energy Africa	1.5x	n/a	CA$270.9m
YGR Yangarra Resources	0.2x	n/a	CA$99.7m
NSE New Stratus Energy	5.2x	n/a	CA$93.4m
FO Falcon Oil & Gas	1.4x	n/a	CA$88.7m

Price-To-Book vs Peers: FO is good value based on its Price-To-Book Ratio (1.4x) compared to the peer average (2x).

Price to Book Ratio vs Industry

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

11 Companies	Price / Book	Estimated Growth	Market Cap
BNE Bonterra Energy	0.2x	-82.7%	US$96.67m
YGR Yangarra Resources	0.2x	n/a	US$71.34m
TWM Tidewater Midstream and Infrastructure	0.2x	110.6%	US$40.03m
LCFS Tidewater Renewables	0.2x	110.5%	US$23.39m

11 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: FO is expensive based on its Price-To-Book Ratio (1.4x) compared to the Canadian Oil and Gas industry average (1.3x).

Price to Book Ratio vs Fair Ratio

What is FO'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.

FO PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	1.4x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate FO'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.

Discover undervalued companies

Precision Drilling

CA$1.3b

A drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East.

CA$92.70

5.6%

14.9%

Ovintiv

US$12.2b

Explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada.

OVV

US$65.26

5.7%

6.0%

Rubellite Energy

CA$215.6m

Rubellite Energy Inc., an energy company, engages in the exploration, development, and production of heavy crude oil from the Clearwater Formation in Eastern Alberta.

RBY

CA$2.32

11.5%

-0.9%