Oncolytics Biotech Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: ONC (CA$1.45) is trading below our estimate of fair value (CA$48.04)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ONC 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/Revenuen/a
Enterprise Value/EBITDA-2.1x
PEG Ration/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for ONC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average15x
MDNA Medicenna Therapeutics
7x40.1%CA$117.3m
EPRX Eupraxia Pharmaceuticals
8.9xn/aCA$148.9m
SVA Sernova
42.7x66.4%CA$169.9m
MSCL Satellos Bioscience
1.4x23.5%CA$54.1m
ONC Oncolytics Biotech
4x57.5%CA$104.1m

Price-To-Book vs Peers: ONC is good value based on its Price-To-Book Ratio (4x) compared to the peer average (15x).


Price to Earnings Ratio vs Industry

How does ONC's PE Ratio compare vs other companies in the CA Biotechs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a40.9%
n/an/an/a
No. of CompaniesPB048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a40.9%
n/an/an/a
No more companies

Price-To-Book vs Industry: ONC is expensive based on its Price-To-Book Ratio (4x) compared to the Canadian Biotechs industry average (1.9x).


Price to Book Ratio vs Fair Ratio

What is ONC'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.

ONC PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio4x
Fair PB Ration/a

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

The above table shows the analyst ONC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$1.45
CA$7.25
+400.0%
17.2%CA$8.50CA$6.00n/a2
Mar ’25CA$1.51
CA$7.83
+418.8%
16.8%CA$9.00CA$6.00n/a3
Feb ’25CA$1.59
CA$7.83
+392.7%
16.8%CA$9.00CA$6.00n/a3
Jan ’25CA$1.79
CA$7.83
+337.6%
16.8%CA$9.00CA$6.00n/a3
Dec ’24CA$1.90
CA$7.83
+312.3%
16.8%CA$9.00CA$6.00n/a3
Nov ’24CA$2.23
CA$7.83
+251.3%
16.8%CA$9.00CA$6.00n/a3
Oct ’24CA$2.97
CA$7.83
+163.7%
16.8%CA$9.00CA$6.00n/a3
Sep ’24CA$3.23
CA$7.83
+142.5%
16.8%CA$9.00CA$6.00n/a3
Aug ’24CA$3.16
CA$7.83
+147.9%
16.8%CA$9.00CA$6.00n/a3
Jul ’24CA$3.49
CA$7.83
+124.5%
16.8%CA$9.00CA$6.00n/a3
Jun ’24CA$2.24
CA$7.83
+249.7%
16.8%CA$9.00CA$6.00n/a3
May ’24CA$2.15
CA$7.83
+264.3%
16.8%CA$9.00CA$6.00n/a3
Apr ’24CA$1.65
CA$7.83
+374.7%
16.8%CA$9.00CA$6.00n/a3
Mar ’24CA$2.09
CA$7.25
+246.9%
17.2%CA$8.50CA$6.00CA$1.512
Feb ’24CA$2.49
CA$7.25
+191.2%
17.2%CA$8.50CA$6.00CA$1.592
Jan ’24CA$2.22
CA$7.25
+226.6%
17.2%CA$8.50CA$6.00CA$1.792
Dec ’23CA$2.82
CA$7.25
+157.1%
17.2%CA$8.50CA$6.00CA$1.902
Nov ’23CA$1.77
CA$7.25
+309.6%
17.2%CA$8.50CA$6.00CA$2.232
Oct ’23CA$1.74
CA$7.25
+316.7%
17.2%CA$8.50CA$6.00CA$2.972
Sep ’23CA$1.79
CA$7.25
+305.0%
17.2%CA$8.50CA$6.00CA$3.232
Aug ’23CA$1.45
CA$7.25
+400.0%
17.2%CA$8.50CA$6.00CA$3.162
Jul ’23CA$1.26
CA$7.25
+475.4%
17.2%CA$8.50CA$6.00CA$3.492
Jun ’23CA$1.43
CA$7.25
+407.0%
17.2%CA$8.50CA$6.00CA$2.242
May ’23CA$1.71
CA$7.25
+324.0%
17.2%CA$8.50CA$6.00CA$2.152
Apr ’23CA$2.00
CA$7.25
+263.4%
17.2%CA$8.50CA$6.00CA$1.652
Mar ’23CA$2.13
CA$7.25
+240.4%
17.2%CA$8.50CA$6.00CA$2.092

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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