Rigel Resource Acquisition Corp.

OTCPK:RRAC.F Stock Report

Market Cap: US$167.5m

Rigel Resource Acquisition Valuation

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

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

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RRAC.F?

Key metric: As RRAC.F 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 RRAC.F. This is calculated by dividing RRAC.F's market cap by their current book value.
What is RRAC.F's PB Ratio?
PB Ratio-5.4x
Book-US$31.30m
Market CapUS$167.51m

Price to Book Ratio vs Peers

How does RRAC.F's PB Ratio compare to its peers?

The above table shows the PB ratio for RRAC.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average54.7x
IBAC IB Acquisition
124xn/aUS$158.4m
ESHA ESH Acquisition
92.6xn/aUS$156.6m
EARN Ellington Credit
1x28.8%US$194.4m
WHG Westwood Holdings Group
1.1xn/aUS$131.5m
RRAC.F Rigel Resource Acquisition
n/an/aUS$167.5m

Price-To-Book vs Peers: RRAC.F has negative equity and a Price-To-Book Ratio (-5.4x) compared to the peer average (54.7x).

Price to Book Ratio vs Industry

How does RRAC.F's PB Ratio compare vs other companies in the US Capital Markets Industry?

8 CompaniesPrice / BookEstimated GrowthMarket Cap
AMTD AMTD IDEA Group
0.06xn/aUS$81.91m
JPPY.Y Jupai Holdings
0.02xn/aUS$1.91m
NCPL Netcapital
0.04xn/aUS$1.51m
LGHL Lion Group Holding
0.04xn/aUS$1.21m
RRAC.F is unprofitableIndustry Avg. 1.7xNo. of Companies14PB00.61.21.82.43+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: RRAC.F has negative equity and a Price-To-Book Ratio (-5.4x) compared to the US Capital Markets industry average (1.7x).

Price to Book Ratio vs Fair Ratio

What is RRAC.F'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.

RRAC.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-5.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate RRAC.F'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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