Vertical Exploration Inc.

TSXV:VERT Stock Report

Market Cap: CA$5.1m

Vertical Exploration Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

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

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

Key Valuation Metric

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

Key metric: As VERT 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 VERT. This is calculated by dividing VERT's market cap by their current book value.
What is VERT's PB Ratio?
PB Ratio1x
BookCA$5.26m
Market CapCA$5.14m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for VERT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2x
NBR Nubian Resources
0.5xn/aCA$4.4m
RUSH Carolina Rush
3.9xn/aCA$4.4m
CDMN Canadian Manganese
0.6xn/aCA$4.4m
PEGA Pegasus Resources
2.8xn/aCA$4.7m
VERT Vertical Exploration
1xn/aCA$5.1m

Price-To-Book vs Peers: VERT is good value based on its Price-To-Book Ratio (1x) compared to the peer average (2x).

Price to Book Ratio vs Industry

How does VERT's PB Ratio compare vs other companies in the CA Metals and Mining Industry?

90 CompaniesPrice / BookEstimated GrowthMarket Cap
S Sherritt International
0.1xn/aUS$49.74m
WM Wallbridge Mining
0.2xn/aUS$46.71m
NCU Nevada Copper
0.1xn/aUS$31.56m
ELR Eastern Platinum
0.3xn/aUS$24.61m
VERT 1.0xIndustry Avg. 1.4xNo. of Companies158PB01.22.43.64.86+
90 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: VERT is good value based on its Price-To-Book Ratio (1x) compared to the Canadian Metals and Mining industry average (1.4x).

Price to Book Ratio vs Fair Ratio

What is VERT'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.

VERT PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1x
Fair PB Ration/a

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