How does R8M's PB Ratio compare to its peers?

Insufficient data to calculate R8M's Price-To-Book Ratio vs. peers for valuation analysis.

How does R8M's PB Ratio compare vs other companies in the European Oil and Gas Industry?

Insufficient data to calculate R8M's Price-To-Book Ratio vs. industry for valuation analysis.

What is R8M'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.

Insufficient data to calculate R8M's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of R8M when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

R8M (€22.8) is trading below our estimate of [[fair value]] (€35.64)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

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

South Bow DB:R8M Stock Report

Last Price

€22.80

Market Cap

€4.8b

7D

0%

1Y

n/a

Updated

03 Feb, 2025

Data

Company Financials +

South Bow Corporation

DB:R8M Stock Report

Market Cap: €4.8b

R8M Stock Overview

Operates as an energy infrastructure company. More details

R8M fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Rewards

Trading at 36% below our estimate of its fair value

Risk Analysis

No risks detected for R8M from our risk checks.

My Notes

Capture your thoughts, links and company narrative

South Bow Corporation Competitors

Friedrich Vorwerk Group

XTRA:VH2

€710.0m

CropEnergies

HMSE:CE2

€1.2b

Verbio

XTRA:VBK

€588.8m

EnviTec Biogas

XTRA:ETG

€441.0m

Price History & Performance

Summary of share price highs, lows and changes for South Bow
Historical stock prices
Current Share Price	CA$22.80
52 Week High	CA$25.14
52 Week Low	CA$21.69
Beta	0
1 Month Change	-1.26%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-6.81%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	R8M	DE Oil and Gas	DE Market
7D	0%	-0.4%	0.6%
1Y	n/a	-16.2%	13.3%

Return vs Industry: Insufficient data to determine how R8M performed against the German Oil and Gas industry.

Return vs Market: Insufficient data to determine how R8M performed against the German Market.

Price Volatility

Is R8M's price volatile compared to industry and market?
R8M volatility
R8M Average Weekly Movement	5.1%
Oil and Gas Industry Average Movement	5.9%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.4%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: R8M has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine R8M's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2023	n/a	Bevin Wirzba	www.southbow.com

South Bow Corporation operates as an energy infrastructure company. It operates 4,900 kilometres of crude oil pipeline infrastructure connecting Alberta crude oil supplies to the U.S. refining markets in the U.S. Midwest and Gulf Coast.

South Bow Corporation Fundamentals Summary

How do South Bow's earnings and revenue compare to its market cap?
R8M fundamental statistics
Market cap	€4.81b
Earnings (TTM)	€0
Revenue (TTM)	n/a

n/a

P/E Ratio

n/a

P/S Ratio

Is R8M overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
R8M income statement (TTM)
Revenue	€0
Cost of Revenue	€0
Gross Profit	€0
Other Expenses	€0
Earnings	€0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)	0
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did R8M perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/03 04:50
End of Day Share Price	2025/02/03 00:00
Earnings	N/A
Annual Earnings	N/A

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

South Bow Corporation is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nathan Heywood	ATB Capital Markets
Benjamin Pham	BMO Capital Markets Equity Research
Robert Catellier	CIBC Capital Markets