Theralase Technologies Inc.

TSXV:TLT Stock Report

Market Cap: CA$63.2m

Theralase Technologies Valuation

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

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

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


Key Valuation Metric

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

Key metric: As TLT barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for TLT. This is calculated by dividing TLT's market cap by their current book value.
What is TLT's PB Ratio?
PB Ratio29.5x
BookCA$2.14m
Market CapCA$63.18m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for TLT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average3.6x
ASG Aurora Spine
4.5xn/aCA$32.1m
NSCI Nanalysis Scientific
1.4x69.1%CA$31.7m
PRN Profound Medical
6x57.4%CA$262.9m
PINK Perimeter Medical Imaging AI
2.5x-11.8%CA$45.8m
TLT Theralase Technologies
29.5x75.4%CA$63.2m

Price-To-Book vs Peers: TLT is expensive based on its Price-To-Book Ratio (29.5x) compared to the peer average (3.6x).


Price to Book Ratio vs Industry

How does TLT's PB Ratio compare vs other companies in the CA Medical Equipment Industry?

2 CompaniesPrice / BookEstimated GrowthMarket Cap
SCYB Scryb
0.4xn/aUS$3.40m
ASEP ASEP Medical Holdings
0.4xn/aUS$3.26m
No more companies available in this PB range
TLT 29.5xIndustry Avg. 2.6xNo. of Companies3PB0246810+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: TLT is expensive based on its Price-To-Book Ratio (29.5x) compared to the North American Medical Equipment industry average (2.6x).


Price to Book Ratio vs Fair Ratio

What is TLT'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.

TLT PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio29.5x
Fair PB Ration/a

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