Patterson Metals Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

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

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

Key Valuation Metric

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

Key metric: As PAT 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 PAT. This is calculated by dividing PAT's market cap by their current book value.
What is PAT's PB Ratio?
PB Ratio	2.7x
Book	CA$1.14m
Market Cap	CA$3.05m

PAT 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	-11x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for PAT 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	1.4x
DMC Dunbar Metals	3.1x	n/a	CA$2.9m
STND Standard Uranium	0.3x	n/a	CA$4.4m
AAZ Azincourt Energy	0.7x	n/a	CA$4.7m
NSU North Shore Uranium	1.4x	n/a	CA$1.7m
PAT Patterson Metals	2.7x	n/a	CA$3.1m

Price-To-Book vs Peers: PAT is expensive based on its Price-To-Book Ratio (2.7x) compared to the peer average (1.4x).

Price to Book Ratio vs Industry

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

9 Companies	Price / Book	Estimated Growth	Market Cap
BNE Bonterra Energy	0.2x	-82.7%	US$86.63m
CNE Canacol Energy	0.2x	59.7%	US$73.36m
YGR Yangarra Resources	0.2x	n/a	US$67.98m
TWM Tidewater Midstream and Infrastructure	0.2x	110.6%	US$41.22m

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: PAT is expensive based on its Price-To-Book Ratio (2.7x) compared to the Canadian Oil and Gas industry average (1.3x).

Price to Book Ratio vs Fair Ratio

What is PAT'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.

PAT PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	2.7x
Fair PB Ratio	n/a

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

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