Asbestos Corporation Limited

TSXV:AB.H Stock Report

Market Cap: CA$2.3m

Asbestos Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AB.H when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AB.H (CA$0.81) is trading below our estimate of fair value (CA$23.06)

Significantly Below Fair Value: AB.H is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for AB.H?

Key metric: As AB.H is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AB.H. This is calculated by dividing AB.H's market cap by their current earnings.
What is AB.H's PE Ratio?
PE Ratio0.7x
EarningsCA$3.40m
Market CapCA$2.30m

Price to Earnings Ratio vs Peers

How does AB.H's PE Ratio compare to its peers?

The above table shows the PE ratio for AB.H vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average6.9x
CDN CDN Maverick Capital
1.5xn/aCA$2.3m
CRD Copper Road Resources
0.3xn/aCA$2.0m
FAS First Andes Silver
0.7xn/aCA$2.7m
IZZ International Prospect Ventures
25.2xn/aCA$2.3m
AB.H Asbestos
0.7xn/aCA$2.3m

Price-To-Earnings vs Peers: AB.H is good value based on its Price-To-Earnings Ratio (0.7x) compared to the peer average (7x).


Price to Earnings Ratio vs Industry

How does AB.H's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

34 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.12.5x41.6%
AB.H Asbestos
0.7xn/aUS$1.64m
SLI Standard Lithium
3xn/aUS$337.62m
THX Thor Explorations
2.8x3.0%US$138.43m
AB.H 0.7xIndustry Avg. 12.5xNo. of Companies34PE01632486480+
34 CompaniesEstimated GrowthMarket Cap
Industry Avg.12.5x41.6%
AB.H Asbestos
0.7xn/aUS$1.64m
No more companies

Price-To-Earnings vs Industry: AB.H is good value based on its Price-To-Earnings Ratio (0.7x) compared to the Canadian Metals and Mining industry average (12.5x).


Price to Earnings Ratio vs Fair Ratio

What is AB.H's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AB.H PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio0.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AB.H's Price-To-Earnings 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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