Tech and Energy Transition Corporation

NasdaqCM:TETC.U Stock Report

Market Cap: US$489.4m

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Tech and Energy Transition Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

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

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TETC.U?

Key metric: As TETC.U is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TETC.U. This is calculated by dividing TETC.U's market cap by their current earnings.
What is TETC.U's PE Ratio?
PE Ratio28.5x
EarningsUS$17.17m
Market CapUS$489.43m

Price to Earnings Ratio vs Peers

How does TETC.U's PE Ratio compare to its peers?

The above table shows the PE ratio for TETC.U vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.8x
CNDB Concord Acquisition Corp III
n/an/aUS$126.2m
VINP Vinci Partners Investments
25.5x22.6%US$766.4m
GAMI GAMCO Investors
10.2xn/aUS$653.9m
HCVI Hennessy Capital Investment VI
n/an/aUS$154.0m
TETC.U Tech and Energy Transition
28.5xn/aUS$489.4m

Price-To-Earnings vs Peers: TETC.U is expensive based on its Price-To-Earnings Ratio (28.5x) compared to the peer average (11.6x).

Price to Earnings Ratio vs Industry

How does TETC.U's PE Ratio compare vs other companies in the US Capital Markets Industry?

23 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ADX Adams Diversified Equity Fund
3.6xn/aUS$2.27b
CET Central Securities
4.5xn/aUS$1.33b
GAM General American Investors Company
4.2xn/aUS$1.19b
MUDS Mudrick Capital Acquisition Corporation II
3.4xn/aUS$401.64m
TETC.U 28.5xIndustry Avg. 23.2xNo. of Companies73PE020406080100+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TETC.U is good value based on its Price-To-Earnings Ratio (28.5x) compared to the US Capital Markets industry average (28.9x)

Price to Earnings Ratio vs Fair Ratio

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

TETC.U PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TETC.U's Price-To-Earnings 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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