WestBond Enterprises Corporation

TSXV:WBE Stock Report

Market Cap: CA$6.8m

WestBond Enterprises Valuation

Is WBE 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: WBE (CA$0.2) is trading above our estimate of fair value (CA$0.05)

Significantly Below Fair Value: WBE is trading above our estimate of fair value.


Key Valuation Metric

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

Key metric: As WBE is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for WBE. This is calculated by dividing WBE's market cap by their current revenue.
What is WBE's PS Ratio?
PS Ratio0.8x
SalesCA$9.12m
Market CapCA$6.77m

Price to Sales Ratio vs Peers

How does WBE's PS Ratio compare to its peers?

The above table shows the PS ratio for WBE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average15x
CFX Canfor Pulp Products
0.07x-8.4%CA$62.0m
SXP Supremex
0.3x0.5%CA$97.0m
DMI Diamcor Mining
59.6xn/aCA$6.7m
CFF Conifex Timber
0.1xn/aCA$16.3m
WBE WestBond Enterprises
0.8xn/aCA$6.8m

Price-To-Sales vs Peers: WBE is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (15x).


Price to Sales Ratio vs Industry

How does WBE's PS Ratio compare vs other companies in the North American Forestry Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
WBE 0.8xIndustry Avg. 0.7xNo. of Companies3PS00.40.81.21.62+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: WBE is expensive based on its Price-To-Sales Ratio (0.8x) compared to the Global Forestry industry average (0.7x).


Price to Sales Ratio vs Fair Ratio

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

WBE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.8x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate WBE's Price-To-Sales 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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