Zentek Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Book ratio for ZEN. This is calculated by dividing ZEN's market cap by their current book value.
What is ZEN's PB Ratio?
PB Ratio	9.6x
Book	CA$18.57m
Market Cap	CA$177.95m

ZEN 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	4470.5x
Enterprise Value/EBITDA	-18.5x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for ZEN 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	13.2x
AIDX Healwell AI	3.5x	33.8%	CA$232.9m
PRN Profound Medical	6.1x	57.4%	CA$267.8m
TLT Theralase Technologies	42.6x	71.9%	CA$68.1m
MRC Mercator Medical	0.6x	n/a	zł469.5m
ZEN Zentek	9.6x	n/a	CA$178.0m

Price-To-Book vs Peers: ZEN is good value based on its Price-To-Book Ratio (9.6x) compared to the peer average (13.2x).

Price to Book Ratio vs Industry

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

2 Companies	Price / Book	Estimated Growth	Market Cap
SCYB Scryb	0.4x	n/a	US$3.45m
ASEP ASEP Medical Holdings	0.3x	n/a	US$3.02m

No more companies available in this PB range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: ZEN is expensive based on its Price-To-Book Ratio (9.6x) compared to the North American Medical Equipment industry average (2.5x).

Price to Book Ratio vs Fair Ratio

What is ZEN'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.

ZEN PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	9.6x
Fair PB Ratio	n/a

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