Empire Petroleum Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for EP. This is calculated by dividing EP's market cap by their current revenue.
What is EP's PS Ratio?
PS Ratio	4.2x
Sales	US$43.25m
Market Cap	US$192.38m

EP 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	4.6x
Enterprise Value/EBITDA	-50.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for EP 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	5.7x
SJT San Juan Basin Royalty Trust	16.2x	n/a	US$175.7m
EPM Evolution Petroleum	2.2x	n/a	US$193.1m
GTE Gran Tierra Energy	0.4x	6.2%	US$225.1m
PRB Peak Resources	3.9x	n/a	US$203.7m
EP Empire Petroleum	4.2x	n/a	US$192.4m

Price-To-Sales vs Peers: EP is good value based on its Price-To-Sales Ratio (4.2x) compared to the peer average (5.7x).

Price to Sales Ratio vs Industry

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

37 Companies	Price / Sales	Estimated Growth	Market Cap
PSX Phillips 66	0.4x	-5.4%	US$54.08b
MPC Marathon Petroleum	0.4x	-3.6%	US$51.04b
VLO Valero Energy	0.3x	-2.7%	US$44.96b
PAA Plains All American Pipeline	0.2x	-2.1%	US$12.26b

37 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: EP is expensive based on its Price-To-Sales Ratio (4.2x) compared to the US Oil and Gas industry average (1.9x).

Price to Sales Ratio vs Fair Ratio

What is EP'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.

EP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	4.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate EP'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

Hafnia

NOK 32.3b

Owns and operates oil product tankers in Bermuda.

HAFN

NOK 5.67

8.4%

-16.1%

Civitas Resources

US$4.9b

An exploration and production company, focuses on the acquisition, development, and production of oil and natural gas in the Rocky Mountain region, primarily in the Field of the Denver-Julesburg Basin of Colorado.

CIVI

US$51.60

0.9%

-24.7%

Cenovus Energy

CA$41.0b

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally.

CVE

CA$16.16

3.7%

-7.8%