Gensource Potash Corporation

TSXV:GSP Stock Report

Market Cap: CA$31.5m

Gensource Potash Valuation

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

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

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


Key Valuation Metric

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

Key metric: As GSP 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 GSP. This is calculated by dividing GSP's market cap by their current book value.
What is GSP's PB Ratio?
PB Ratio2.6x
BookCA$12.08m
Market CapCA$31.48m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for GSP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average6.5x
NPK Verde AgriTech
0.9xn/aCA$34.2m
WRX Western Resources
0.1xn/aCA$24.5m
MGRO MustGrow Biologics
23.7xn/aCA$94.5m
KRN Karnalyte Resources
1.2xn/aCA$6.4m
GSP Gensource Potash
2.6xn/aCA$31.5m

Price-To-Book vs Peers: GSP is good value based on its Price-To-Book Ratio (2.6x) compared to the peer average (6.5x).


Price to Book Ratio vs Industry

How does GSP's PB Ratio compare vs other companies in the CA Chemicals Industry?

2 CompaniesPrice / BookEstimated GrowthMarket Cap
WRX Western Resources
0.1xn/aUS$17.41m
TOH Total Helium
0.1xn/aUS$1.10m
No more companies available in this PB range
GSP 2.6xIndustry Avg. 1.2xNo. of Companies5PB00.81.62.43.24+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: GSP is expensive based on its Price-To-Book Ratio (2.6x) compared to the Canadian Chemicals industry average (1.2x).


Price to Book Ratio vs Fair Ratio

What is GSP'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.

GSP PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.6x
Fair PB Ration/a

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


Discover undervalued companies