Kraken Robotics Inc.

TSXV:PNG Stock Report

Market Cap: CA$659.0m

Kraken Robotics Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: PNG (CA$2.62) is trading above our estimate of fair value (CA$1.74)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PNG. This is calculated by dividing PNG's market cap by their current earnings.
What is PNG's PE Ratio?
PE Ratio76.3x
EarningsCA$9.00m
Market CapCA$659.00m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PNG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.1x
GSI Gatekeeper Systems
25.9xn/aCA$61.8m
TLA Titan Logix
34.5xn/aCA$19.1m
FTG Firan Technology Group
17.1x21.6%CA$173.8m
VCM Vecima Networks
18.8xn/aCA$372.7m
PNG Kraken Robotics
76.3x30.9%CA$659.0m

Price-To-Earnings vs Peers: PNG is expensive based on its Price-To-Earnings Ratio (76.3x) compared to the peer average (24.1x).

Price to Earnings Ratio vs Industry

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

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PNG 76.3xIndustry Avg. 25.9xNo. of Companies11PE01632486480+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PNG is expensive based on its Price-To-Earnings Ratio (76.3x) compared to the North American Electronic industry average (25.9x).

Price to Earnings Ratio vs Fair Ratio

What is PNG'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.

PNG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio76.3x
Fair PE Ratio29.1x

Price-To-Earnings vs Fair Ratio: PNG is expensive based on its Price-To-Earnings Ratio (76.3x) compared to the estimated Fair Price-To-Earnings Ratio (29.1x).

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 PNG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$2.62
CA$2.92
+11.5%
10.7%CA$3.25CA$2.50n/a3
Dec ’25CA$2.33
CA$2.92
+25.2%
10.7%CA$3.25CA$2.50n/a3
Nov ’25CA$2.03
CA$2.33
+14.9%
20.2%CA$3.00CA$2.00n/a3
Oct ’25CA$1.78
CA$1.92
+7.7%
6.1%CA$2.00CA$1.75n/a3
Sep ’25CA$1.50
CA$1.92
+27.8%
6.1%CA$2.00CA$1.75n/a3
Aug ’25CA$1.24
CA$1.55
+25.5%
12.1%CA$1.75CA$1.30n/a3
Jul ’25CA$1.02
CA$1.55
+52.0%
12.1%CA$1.75CA$1.30n/a3
Jun ’25CA$1.02
CA$1.56
+53.2%
10.5%CA$1.75CA$1.30n/a4
May ’25CA$1.02
CA$1.46
+44.1%
13.1%CA$1.70CA$1.25n/a4
Apr ’25CA$1.11
CA$1.43
+28.4%
10.7%CA$1.60CA$1.25n/a4
Mar ’25CA$1.01
CA$1.30
+28.7%
14.4%CA$1.55CA$1.10n/a3
Feb ’25CA$0.78
CA$1.18
+51.7%
11.1%CA$1.30CA$1.00n/a3
Jan ’25CA$0.65
CA$1.18
+82.1%
11.1%CA$1.30CA$1.00n/a3
Dec ’24CA$0.64
CA$1.18
+84.9%
11.1%CA$1.30CA$1.00CA$2.333
Nov ’24CA$0.48
CA$1.03
+115.3%
12.1%CA$1.20CA$0.90CA$2.033
Oct ’24CA$0.41
CA$1.03
+149.0%
12.1%CA$1.20CA$0.90CA$1.783
Sep ’24CA$0.46
CA$1.03
+127.1%
12.1%CA$1.20CA$0.90CA$1.503
Aug ’24CA$0.39
CA$1.03
+165.0%
12.1%CA$1.20CA$0.90CA$1.243
Jul ’24CA$0.49
CA$1.03
+110.9%
12.1%CA$1.20CA$0.90CA$1.023
Jun ’24CA$0.53
CA$1.03
+95.0%
12.1%CA$1.20CA$0.90CA$1.023
May ’24CA$0.55
CA$1.03
+87.9%
12.1%CA$1.20CA$0.90CA$1.023
Apr ’24CA$0.52
CA$0.98
+89.1%
6.3%CA$1.05CA$0.90CA$1.113
Mar ’24CA$0.60
CA$0.97
+62.5%
7.7%CA$1.05CA$0.90CA$1.012
Feb ’24CA$0.62
CA$0.97
+57.3%
7.7%CA$1.05CA$0.90CA$0.782
Jan ’24CA$0.57
CA$0.97
+71.1%
7.7%CA$1.05CA$0.90CA$0.652
Dec ’23CA$0.54
CA$0.85
+57.4%
5.9%CA$0.90CA$0.80CA$0.642

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:45
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kraken Robotics Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gabriel LeungBeacon Securities Limited
Douglas TaylorCanaccord Genuity
Nicholas BoychukCormark Securities Inc.