Chariot Limited

DB:C62 Stock Report

Market Cap: €24.2m

Chariot Valuation

Is C62 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-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of C62 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate C62's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate C62's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for C62?

Key metric: As C62 barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for C62. This is calculated by dividing C62's market cap by their current book value.
What is C62's PB Ratio?
PB Ratio0.4x
BookUS$62.67m
Market CapUS$25.41m

Price to Book Ratio vs Peers

How does C62's PB Ratio compare to its peers?

The above table shows the PB ratio for C62 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.6x
HA3 Petro Matad
1.5x114.0%€4.5m
DR0 Deutsche Rohstoff
0.8x-8.9%€165.6m
IO7 IOG
2.1xn/a€6.3m
SEA Seascape Energy Asia
6.1x34.3%UK£22.3m
C62 Chariot
0.4xn/a€20.2m

Price-To-Book vs Peers: C62 is good value based on its Price-To-Book Ratio (0.4x) compared to the peer average (2.6x).

Price to Book Ratio vs Industry

How does C62's PB Ratio compare vs other companies in the European Oil and Gas Industry?

13 CompaniesPrice / BookEstimated GrowthMarket Cap
C62 0.4xIndustry Avg. 0.9xNo. of Companies23PB00.61.21.82.43+
13 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: C62 is good value based on its Price-To-Book Ratio (0.4x) compared to the European Oil and Gas industry average (0.9x).

Price to Book Ratio vs Fair Ratio

What is C62's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

C62 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate C62's Price-To-Book 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?

The above table shows the analyst C62 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.017
€0.32
+1,860.4%
83.6%€0.74€0.075n/a4
Nov ’25€0.02
€0.32
+1,517.3%
83.6%€0.74€0.075n/a4
Oct ’25€0.015
€0.32
+2,029.6%
73.5%€0.72€0.072n/a5
Sep ’25€0.073
€0.44
+492.9%
20.5%€0.56€0.34n/a5
Aug ’25€0.078
€0.54
+590.6%
17.8%€0.70€0.46n/a4
Jul ’25€0.081
€0.54
+570.0%
17.9%€0.71€0.46n/a5
Jun ’25€0.091
€0.53
+482.2%
16.4%€0.67€0.46n/a5
May ’25€0.091
€0.53
+486.3%
16.4%€0.68€0.46n/a5
Apr ’25€0.095
€0.53
+456.9%
16.6%€0.68€0.46n/a5
Mar ’25€0.077
€0.51
+558.9%
22.4%€0.68€0.35n/a5
Feb ’25€0.11
€0.51
+357.0%
22.4%€0.68€0.35n/a5
Jan ’25€0.10
€0.50
+376.8%
22.3%€0.67€0.35n/a5
Dec ’24€0.15
€0.53
+248.1%
21.1%€0.70€0.36n/a5
Nov ’24€0.16
€0.53
+241.4%
21.1%€0.70€0.36€0.025
Oct ’24€0.17
€0.53
+213.6%
21.1%€0.70€0.36€0.0155
Sep ’24€0.17
€0.55
+225.5%
24.3%€0.76€0.35€0.0735
Aug ’24€0.16
€0.56
+238.6%
23.5%€0.75€0.41€0.0784
Jul ’24€0.20
€0.57
+192.7%
17.6%€0.68€0.41€0.0815
Jun ’24€0.17
€0.58
+236.5%
14.3%€0.69€0.46€0.0915
May ’24€0.18
€0.59
+232.6%
14.4%€0.68€0.45€0.0914
Apr ’24€0.15
€0.64
+322.9%
6.3%€0.71€0.60€0.0954
Mar ’24€0.17
€0.62
+275.4%
0.7%€0.63€0.62€0.0774
Feb ’24€0.17
€0.62
+270.9%
0.7%€0.63€0.62€0.114
Jan ’24€0.17
€0.64
+269.2%
1.0%€0.64€0.63€0.104
Dec ’23€0.22
€0.65
+202.0%
2.0%€0.66€0.63€0.153
Nov ’23€0.17
€0.68
+297.2%
3.1%€0.69€0.65€0.163

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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