Westbridge Renewable Energy Corp.

TSXV:WEB Stock Report

Market Cap: CA$82.1m

Westbridge Renewable Energy Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for WEB. This is calculated by dividing WEB's market cap by their current earnings.
What is WEB's PE Ratio?
PE Ratio2.5x
EarningsCA$33.77m
Market CapCA$82.10m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for WEB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27x
PIF Polaris Renewable Energy
26x36.6%CA$264.3m
REVV ReVolve Renewable Power
4.4xn/aCA$15.1m
BLX Boralex
35.2x18.7%CA$3.1b
RNW TransAlta Renewables
42.2x46.4%CA$3.3b
WEB Westbridge Renewable Energy
2.5xn/aCA$82.1m

Price-To-Earnings vs Peers: WEB is good value based on its Price-To-Earnings Ratio (2.5x) compared to the peer average (21.9x).

Price to Earnings Ratio vs Industry

How does WEB's PE Ratio compare vs other companies in the North American Renewable Energy Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.14.1x12.7%
WEB Westbridge Renewable Energy
 2.5xn/aUS$58.27m
WEB 2.5xIndustry Avg. 14.1xNo. of Companies4PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
Industry Avg.14.1x12.7%
WEB Westbridge Renewable Energy
 2.5xn/aUS$58.27m
No more companies

Price-To-Earnings vs Industry: WEB is good value based on its Price-To-Earnings Ratio (2.5x) compared to the Global Renewable Energy industry average (14.1x).

Price to Earnings Ratio vs Fair Ratio

What is WEB'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.

WEB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.5x
Fair PE Ration/a

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