Chariot Limited

AIM:CHAR Stock Report

Market Cap: UK£21.6m

Chariot Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Book ratio for CHAR. This is calculated by dividing CHAR's market cap by their current book value.
What is CHAR's PB Ratio?
PB Ratio0.4x
BookUS$62.67m
Market CapUS$27.16m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for CHAR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.3x
SEA Seascape Energy Asia
6.1x34.3%UK£22.3m
ANGS Angus Energy
0.3xn/aUK£15.5m
AET Afentra
1.9x8.1%UK£103.1m
PMG Parkmead Group
0.8xn/aUK£13.0m
CHAR Chariot
0.4xn/aUK£21.6m

Price-To-Book vs Peers: CHAR is good value based on its Price-To-Book Ratio (0.4x) compared to the peer average (2.3x).

Price to Book Ratio vs Industry

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

12 CompaniesPrice / BookEstimated GrowthMarket Cap
INDI Indus Gas
0.06xn/aUS$20.17m
BOR Borders & Southern Petroleum
0.05xn/aUS$16.02m
RBD Reabold Resources
0.1xn/aUS$7.38m
BLVN Bowleven
0.04xn/aUS$6.93m
CHAR 0.4xIndustry Avg. 0.8xNo. of Companies12PB00.61.21.82.43+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: CHAR is good value based on its Price-To-Book Ratio (0.4x) compared to the UK Oil and Gas industry average (0.8x).

Price to Book Ratio vs Fair Ratio

What is CHAR'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.

CHAR 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 CHAR'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 CHAR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£0.018
UK£0.27
+1,372.9%
83.6%UK£0.62UK£0.062n/a4
Nov ’25UK£0.022
UK£0.27
+1,119.8%
83.6%UK£0.62UK£0.062n/a4
Oct ’25UK£0.014
UK£0.27
+1,760.4%
73.5%UK£0.60UK£0.06n/a5
Sep ’25UK£0.065
UK£0.37
+475.0%
20.5%UK£0.48UK£0.29n/a5
Aug ’25UK£0.066
UK£0.45
+592.4%
17.8%UK£0.59UK£0.38n/a4
Jul ’25UK£0.074
UK£0.46
+519.0%
17.9%UK£0.60UK£0.39n/a5
Jun ’25UK£0.083
UK£0.45
+441.8%
16.4%UK£0.57UK£0.39n/a5
May ’25UK£0.09
UK£0.46
+408.9%
16.4%UK£0.59UK£0.40n/a5
Apr ’25UK£0.087
UK£0.45
+416.3%
16.6%UK£0.58UK£0.39n/a5
Mar ’25UK£0.077
UK£0.43
+463.2%
22.4%UK£0.58UK£0.30n/a5
Feb ’25UK£0.096
UK£0.43
+352.0%
22.4%UK£0.58UK£0.30n/a5
Jan ’25UK£0.10
UK£0.43
+333.0%
22.3%UK£0.58UK£0.30n/a5
Dec ’24UK£0.14
UK£0.46
+231.2%
21.1%UK£0.61UK£0.31n/a5
Nov ’24UK£0.14
UK£0.46
+230.8%
21.1%UK£0.61UK£0.31UK£0.0225
Oct ’24UK£0.16
UK£0.46
+181.8%
21.1%UK£0.60UK£0.31UK£0.0145
Sep ’24UK£0.15
UK£0.47
+213.1%
24.3%UK£0.65UK£0.30UK£0.0655
Aug ’24UK£0.15
UK£0.48
+222.2%
23.5%UK£0.65UK£0.35UK£0.0664
Jul ’24UK£0.17
UK£0.49
+184.4%
17.6%UK£0.59UK£0.35UK£0.0745
Jun ’24UK£0.15
UK£0.50
+235.7%
14.3%UK£0.60UK£0.40UK£0.0835
May ’24UK£0.17
UK£0.51
+211.1%
14.4%UK£0.60UK£0.40UK£0.094
Apr ’24UK£0.14
UK£0.57
+300.5%
6.3%UK£0.63UK£0.54UK£0.0874
Mar ’24UK£0.15
UK£0.55
+258.9%
0.7%UK£0.55UK£0.54UK£0.0774
Feb ’24UK£0.15
UK£0.55
+254.3%
0.7%UK£0.55UK£0.54UK£0.0964
Jan ’24UK£0.16
UK£0.55
+238.4%
1.0%UK£0.55UK£0.54UK£0.104
Dec ’23UK£0.19
UK£0.57
+200.7%
2.0%UK£0.57UK£0.55UK£0.143
Nov ’23UK£0.15
UK£0.59
+294.4%
3.1%UK£0.60UK£0.56UK£0.143

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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