This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Griid Infrastructure Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GRDI. This is calculated by dividing GRDI's market cap by their current earnings.
What is GRDI's PE Ratio?
PE Ratio	3.3x
Earnings	US$21.62m
Market Cap	US$70.78m

GRDI 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/Revenue	4.6x
Enterprise Value/EBITDA	-9.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does GRDI's PE Ratio compare to its peers?

The above table shows the PE ratio for GRDI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	23.9x
ZOMD Zoomd Technologies	14.6x	n/a	CA$48.8m
BEW BeWhere Holdings	58.8x	n/a	CA$67.4m
CTZ NamSys	14.4x	n/a	CA$28.7m
NCI NTG Clarity Networks	8x	n/a	CA$45.1m
GRDI Griid Infrastructure	3.3x	n/a	CA$98.5m

Price-To-Earnings vs Peers: GRDI is good value based on its Price-To-Earnings Ratio (3.3x) compared to the peer average (26.3x).

Price to Earnings Ratio vs Industry

How does GRDI's PE Ratio compare vs other companies in the CA Software Industry?

8 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	41.7x	29.4%
GRDI Griid Infrastructure	3.3x	n/a	US$70.78m
IDLE.X Generative AI Solutions	0.08x	n/a	US$8.15m
LIQD Liquid Meta Capital Holdings	2.4x	n/a	US$2.74m

8 Companies		Estimated Growth	Market Cap
Industry Avg.	41.7x	29.4%
GRDI Griid Infrastructure	3.3x	n/a	US$70.78m

No more companies

Price-To-Earnings vs Industry: GRDI is good value based on its Price-To-Earnings Ratio (3.3x) compared to the Canadian Software industry average (40.7x).

Price to Earnings Ratio vs Fair Ratio

What is GRDI'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.

GRDI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	3.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GRDI'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.

Discover undervalued companies

Quisitive Technology Solutions

CA$99.9m

Through its subsidiaries, provides Microsoft solutions primarily in North America and South Asia.

QUIS

CA$0.36

5.9%

16.1%

NowVertical Group

CA$30.5m

Operates as a big data, analytics, and vertical intelligence company in the United States, Argentina, Brazil, Chile, the United Kingdom, and internationally.

NOW

CA$0.35

75.0%

42.9%

Pivotree

CA$22.7m

Designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers in Canada and internationally.

PVT

CA$0.86

-7.5%

-52.2%