Petro Matad Valuation
Is HA3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
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 HA3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HA3 (€0) is trading below our estimate of fair value (€0.05)
Significantly Below Fair Value: HA3 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HA3?
Key metric: As HA3 barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.
| What is HA3's PB Ratio? | |
|---|---|
| PB Ratio | 0.2x |
| Book | US$18.71m |
| Market Cap | US$3.11m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 244.2x |
| Enterprise Value/EBITDA | -0.2x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does HA3's PB Ratio compare to its peers?
| Company | Forward PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.9x | ||
DR0 Deutsche Rohstoff | 0.8x | -8.9% | €166.6m |
IO7 IOG | 2.1x | n/a | €6.3m |
663 King Stone Energy Group | 0.3x | n/a | HK$121.1m |
TCF Trillion Energy International | 0.4x | 94.6% | CA$13.5m |
HA3 Petro Matad | 0.2x | 114.0% | €3.0m |
Price-To-Book vs Peers: HA3 is good value based on its Price-To-Book Ratio (0.2x) compared to the peer average (0.9x).
Price to Book Ratio vs Industry
How does HA3's PB Ratio compare vs other companies in the European Oil and Gas Industry?
| 13 Companies | Price / Book | Estimated Growth | Market Cap |
|---|---|---|---|
| 13 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Book vs Industry: HA3 is good value based on its Price-To-Book Ratio (0.2x) compared to the European Oil and Gas industry average (0.9x).
Price to Book Ratio vs Fair Ratio
What is HA3'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.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 0.2x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate HA3'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?
Analyst Forecast: Insufficient data to show price forecast.
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