EMERGE Commerce Ltd.

TSXV:ECOM Stock Report

Market Cap: CA$5.6m

EMERGE Commerce Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for ECOM. This is calculated by dividing ECOM's market cap by their current revenue.
What is ECOM's PS Ratio?
PS Ratio0.2x
SalesCA$23.96m
Market CapCA$5.57m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for ECOM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3x
MTLO Martello Technologies Group
0.4xn/aCA$5.4m
GBMC Green Block Mining
0.8xn/aCA$3.2m
ICS Integrated Cyber Solutions
10.3xn/aCA$2.2m
DM Datametrex AI
0.4xn/aCA$3.0m
ECOM EMERGE Commerce
0.2xn/aCA$5.6m

Price-To-Sales vs Peers: ECOM is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (3.6x).

Price to Sales Ratio vs Industry

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

33 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.1.9x9.5%
ECOM EMERGE Commerce
 0.2xn/aUS$3.99m
ECOM 0.2xIndustry Avg. 1.9xNo. of Companies33PS0246810+
33 CompaniesEstimated GrowthMarket Cap
Industry Avg.1.9x14.8%
ECOM EMERGE Commerce
 0.2xn/aUS$3.99m
No more companies

Price-To-Sales vs Industry: ECOM is good value based on its Price-To-Sales Ratio (0.2x) compared to the North American IT industry average (1.9x).

Price to Sales Ratio vs Fair Ratio

What is ECOM'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.

ECOM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ration/a

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