Falcon Oil & Gas Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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 FOLG.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 FOLG.F's fair value for valuation analysis.

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

Key Valuation Metric

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

Key metric: As FOLG.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 FOLG.F. This is calculated by dividing FOLG.F's market cap by their current book value.
What is FOLG.F's PB Ratio?
PB Ratio	1.4x
Book	US$45.38m
Market Cap	US$63.27m

FOLG.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	-17.3x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for FOLG.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	7.5x
BATL Battalion Oil	1.6x	n/a	US$59.6m
PRT PermRock Royalty Trust	0.7x	n/a	US$49.1m
CRT Cross Timbers Royalty Trust	26.8x	n/a	US$65.1m
PVL Permianville Royalty Trust	1.1x	n/a	US$51.8m
FOLG.F Falcon Oil & Gas	1.4x	n/a	US$88.7m

Price-To-Book vs Peers: FOLG.F is good value based on its Price-To-Book Ratio (1.4x) compared to the peer average (7.5x).

Price to Book Ratio vs Industry

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

10 Companies	Price / Book	Estimated Growth	Market Cap
IMPP Imperial Petroleum	0.2x	26.0%	US$97.82m
TOPS Top Ships	0.2x	n/a	US$35.04m
AXAS Abraxas Petroleum	0.06x	n/a	US$10.27m
VTNR.Q Vertex Energy	0.06x	n/a	US$6.08m

10 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: FOLG.F is good value based on its Price-To-Book Ratio (1.4x) compared to the US Oil and Gas industry average (1.5x).

Price to Book Ratio vs Fair Ratio

What is FOLG.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.

FOLG.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	1.4x
Fair PB Ratio	n/a

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

TotalEnergies

€123.4b

A multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally.

TTFN.F

€56.54

-5.6%

-16.5%

Calfrac Well Services

CA$339.8m

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

CFWF.F

CA$2.85

-0.2%

-13.5%

Cenovus Energy

CA$39.8b

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

CVE

CA$15.71

-2.8%

-11.0%