Micromem Technologies Inc.

CNSX:MRM Stock Report

Market Cap: CA$28.1m

Micromem Technologies Valuation

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

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

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MRM. This is calculated by dividing MRM's market cap by their current earnings.
What is MRM's PE Ratio?
PE Ratio27.6x
EarningsUS$726.25k
Market CapUS$20.05m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MRM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.9x
TLA Titan Logix
38.7xn/aCA$21.1m
GSI Gatekeeper Systems
15.9xn/aCA$62.8m
JTC JEMTEC
54.6xn/aCA$2.4m
PNG Kraken Robotics
66.2x30.9%CA$572.4m
MRM Micromem Technologies
27.6xn/aCA$20.1m

Price-To-Earnings vs Peers: MRM is good value based on its Price-To-Earnings Ratio (27.6x) compared to the peer average (43.9x).


Price to Earnings Ratio vs Industry

How does MRM's PE Ratio compare vs other companies in the North American Electronic Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MRM 27.6xIndustry Avg. 26.4xNo. of Companies10PE01632486480+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MRM is expensive based on its Price-To-Earnings Ratio (27.6x) compared to the North American Electronic industry average (26.4x).


Price to Earnings Ratio vs Fair Ratio

What is MRM'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.

MRM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.6x
Fair PE Ration/a

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


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