Centaurus Energy Valuation

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

CTAR.F ($1.95) is trading below our estimate of [[fair value]] ($742.65)

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: CTAR.F ($1.95) is trading below our estimate of fair value ($742.65)

Significantly Below Fair Value: CTAR.F is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As CTAR.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 CTAR.F. This is calculated by dividing CTAR.F's market cap by their current book value.
What is CTAR.F's PB Ratio?
PB Ratio	0.1x
Book	US$11.02m
Market Cap	US$1.42m

CTAR.F 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	n/a
Enterprise Value/EBITDA	11.1x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for CTAR.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	2.2x
ALTX Altex Industries	1.8x	n/a	US$2.9m
FECO.F FEC Resources	0.2x	n/a	US$1.5m
CRCE Circle Energy	6.3x	n/a	US$1.9m
ECTM ECA Marcellus Trust I	0.6x	n/a	US$8.1m
CTAR.F Centaurus Energy	0.1x	n/a	US$1.9m

Price-To-Book vs Peers: CTAR.F is good value based on its Price-To-Book Ratio (0.1x) compared to the peer average (2.3x).

Price to Book Ratio vs Industry

How does CTAR.F's PB Ratio compare vs other companies in the US Oil and Gas Industry?

9 Companies	Price / Book	Estimated Growth	Market Cap
Industry Avg.	1.6x	8.2%
CTAR.F Centaurus Energy	0.1x	n/a	US$1.42m
AXAS Abraxas Petroleum	0.06x	n/a	US$10.27m
VTNR.Q Vertex Energy	0.05x	n/a	US$6.49m

9 Companies		Estimated Growth	Market Cap
Industry Avg.	1.6x	8.2%
CTAR.F Centaurus Energy	0.1x	n/a	US$1.42m

No more companies

Price-To-Book vs Industry: CTAR.F is good value based on its Price-To-Book Ratio (0.1x) compared to the US Oil and Gas industry average (1.5x).

Price to Book Ratio vs Fair Ratio

What is CTAR.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.

CTAR.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	0.1x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate CTAR.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.

Discover undervalued companies

Murphy Oil

US$4.9b

Operates as an oil and gas exploration and production company in the United States, Canada, and internationally.

MUR

US$33.40

1.3%

-21.6%

Calfrac Well Services

CA$344.9m

Provides specialized oilfield services in Canada, the United States, and Argentina.

CFWF.F

CA$2.89

5.9%

-13.4%

Aker BP

NOK 146.6b

Explores for, develops, and produces oil and gas on the Norwegian Continental Shelf.

AKRB.F

NOK 21.57

5.1%

-26.3%