F3 Uranium Valuation

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

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

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

Key Valuation Metric

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

Key metric: As FUU 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 FUU. This is calculated by dividing FUU's market cap by their current book value.
What is FUU's PB Ratio?
PB Ratio	1.7x
Book	CA$74.20m
Market Cap	CA$123.29m

FUU 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	-5.5x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for FUU 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	5.5x
AEC Anfield Energy	2.6x	n/a	CA$124.0m
CVV CanAlaska Uranium	12.5x	n/a	CA$129.6m
FSY Forsys Metals	6.4x	-93.5%	CA$142.2m
MGA Mega Uranium	0.7x	n/a	CA$146.5m
FUU F3 Uranium	1.7x	n/a	CA$123.3m

Price-To-Book vs Peers: FUU is good value based on its Price-To-Book Ratio (1.7x) compared to the peer average (5.5x).

Price to Book Ratio vs Industry

How does FUU'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: FUU is expensive based on its Price-To-Book Ratio (1.7x) compared to the Canadian Oil and Gas industry average (1.3x).

Price to Book Ratio vs Fair Ratio

What is FUU'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.

FUU PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	1.7x
Fair PB Ratio	n/a

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

The above table shows the analyst FUU forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CA$0.24	CA$0.68 +184.7%	9.1%	CA$0.75	CA$0.60	n/a	3
Nov ’25	CA$0.25	CA$0.68 +173.3%	9.1%	CA$0.75	CA$0.60	n/a	3
Oct ’25	CA$0.30	CA$0.68 +127.8%	9.1%	CA$0.75	CA$0.60	n/a	3
Sep ’25	CA$0.28	CA$0.68 +139.8%	9.1%	CA$0.75	CA$0.60	n/a	3
Aug ’25	CA$0.33	CA$0.68 +107.1%	9.1%	CA$0.75	CA$0.60	n/a	3
Jul ’25	CA$0.34	CA$0.68 +98.1%	9.1%	CA$0.75	CA$0.60	n/a	3
Jun ’25	CA$0.38	CA$0.68 +77.6%	11.1%	CA$0.75	CA$0.60	n/a	2
May ’25	CA$0.38	CA$0.68 +77.6%	11.1%	CA$0.75	CA$0.60	n/a	2
Apr ’25	CA$0.42	CA$0.68 +58.8%	11.1%	CA$0.75	CA$0.60	n/a	2
Mar ’25	CA$0.41	CA$0.68 +66.7%	11.1%	CA$0.75	CA$0.60	n/a	2

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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