Cortus Energy Valuation

Is CE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

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

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

Key Valuation Metric

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

Key metric: As CE is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CE. This is calculated by dividing CE's market cap by their current revenue.
What is CE's PS Ratio?
PS Ratio	6.9x
Sales	SEK 2.96m
Market Cap	SEK 19.68m

CE 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	22x
Enterprise Value/EBITDA	-1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does CE's PS Ratio compare to its peers?

The above table shows the PS ratio for CE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.8x
BIOF Biofrigas Sweden	2.6x	n/a	SEK 18.4m
GGEO Guideline Geo	0.4x	n/a	SEK 86.4m
41H BlackGold Natural Resources	0.2x	n/a	S$3.2m
CNKO Exploitasi Energi Indonesia	0.04x	n/a	Rp71.7b
CE Cortus Energy	6.9x	n/a	SEK 19.7m

Price-To-Sales vs Peers: CE is expensive based on its Price-To-Sales Ratio (6.9x) compared to the peer average (1x).

Price to Sales Ratio vs Industry

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

28 Companies	Price / Sales	Estimated Growth	Market Cap

28 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: CE is expensive based on its Price-To-Sales Ratio (6.9x) compared to the European Oil and Gas industry average (1.2x).

Price to Sales Ratio vs Fair Ratio

What is CE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	6.9x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CE's Price-To-Sales 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.

Discover undervalued companies

ShaMaran Petroleum

CA$311.9m

Engages in the oil and gas exploration and production.

SNM

CA$0.93

12.2%

167.7%

Tethys Oil

SEK 1.6b

Explores for and produces oil and natural gas properties in the Sultanate of Oman.

TETY IL

SEK 3.00

n/a

Frontline

US$3.1b

A shipping company, engages in the seaborne transportation of crude oil and oil products worldwide.

FROO

US$141.00

n/a