Borders & Southern Petroleum Valuation

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

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

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

Key Valuation Metric

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

Key metric: As BOR is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for BOR. This is calculated by dividing BOR's market cap by their current book value.
What is BOR's PB Ratio?
PB Ratio	0.05x
Book	US$295.11m
Market Cap	US$16.07m

BOR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	-13.8x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for BOR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	0.4x
CEG Challenger Energy Group	0.2x	n/a	UK£12.1m
PMG Parkmead Group	0.8x	n/a	UK£13.0m
STAR Star Energy Group	0.2x	81.0%	UK£11.5m
UJO Union Jack Oil	0.5x	31.1%	UK£10.4m
BOR Borders & Southern Petroleum	0.05x	n/a	UK£12.7m

Price-To-Book vs Peers: BOR is good value based on its Price-To-Book Ratio (0.1x) compared to the peer average (0.4x).

Price to Book Ratio vs Industry

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

12 Companies	Price / Book	Estimated Growth	Market Cap
Industry Avg.	0.8x	11.0%
BOR Borders & Southern Petroleum	0.05x	n/a	US$16.02m
INDI Indus Gas	0.06x	n/a	US$20.17m
RBD Reabold Resources	0.1x	n/a	US$7.38m

12 Companies		Estimated Growth	Market Cap
Industry Avg.	0.8x	11.0%
BOR Borders & Southern Petroleum	0.05x	n/a	US$16.02m

No more companies

Price-To-Book vs Industry: BOR is good value based on its Price-To-Book Ratio (0.1x) compared to the UK Oil and Gas industry average (0.8x).

Price to Book Ratio vs Fair Ratio

What is BOR'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.

BOR PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	0.05x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate BOR'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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