Chariot Limited

AIM:CHAR Stock Report

Market Cap: UK£22.9m

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 Ratio0.5x
BookUS$62.67m
Market CapUS$28.65m

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 Average2.1x
SEA Seascape Energy Asia
4.8xn/aUK£17.7m
ANGS Angus Energy
0.3xn/aUK£13.3m
AET Afentra
1.9x9.6%UK£104.0m
SYN Synergia Energy
1.3xn/aUK£6.4m
CHAR Chariot
0.5xn/aUK£22.9m

Price-To-Book vs Peers: CHAR is good value based on its Price-To-Book Ratio (0.5x) compared to the peer average (2x).

Price to Book Ratio vs Industry

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

11 CompaniesPrice / BookEstimated GrowthMarket Cap
INDI Indus Gas
0.06xn/aUS$20.64m
BOR Borders & Southern Petroleum
0.07xn/aUS$19.79m
GCM GCM Resources
0.1xn/aUS$6.75m
BLVN Bowleven
0.04xn/aUS$6.93m
CHAR 0.5xIndustry Avg. 0.8xNo. of Companies12PB00.61.21.82.43+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: CHAR is good value based on its Price-To-Book Ratio (0.5x) 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 Ratio0.5x
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£0.019
UK£0.27
+1,311.3%
84.7%UK£0.63UK£0.06n/a4
Dec ’25UK£0.019
UK£0.27
+1,319.5%
83.5%UK£0.62UK£0.062n/a4
Nov ’25UK£0.022
UK£0.27
+1,120.6%
83.5%UK£0.62UK£0.062n/a4
Oct ’25UK£0.014
UK£0.27
+1,761.3%
73.4%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£0.31UK£0.0195
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

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 22:56
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Chariot Limited is covered by 19 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephane Guy FoucaudAuctus Advisors LLP
Christopher BrownBMO Capital Markets Equity Research
James McCormackCavendish