Chariot Limited

OTCPK:OIGL.F Stock Report

Market Cap: US$25.4m

Chariot Valuation

Is OIGL.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 OIGL.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 OIGL.F's fair value for valuation analysis.

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

Key Valuation Metric

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

Key metric: As OIGL.F barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for OIGL.F. This is calculated by dividing OIGL.F's market cap by their current book value.
What is OIGL.F's PB Ratio?
PB Ratio0.4x
BookUS$62.67m
Market CapUS$25.41m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for OIGL.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.2x
CJAX CoJax Oil and Gas
3.1xn/aUS$30.1m
TPET Trio Petroleum
0.4xn/aUS$3.4m
AMEN AMEN Properties
4.5xn/aUS$26.1m
RSRV Reserve Petroleum
0.8xn/aUS$24.7m
OIGL.F Chariot
0.4xn/aUS$20.2m

Price-To-Book vs Peers: OIGL.F is good value based on its Price-To-Book Ratio (0.4x) compared to the peer average (2.2x).

Price to Book Ratio vs Industry

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

8 CompaniesPrice / BookEstimated GrowthMarket Cap
AXAS Abraxas Petroleum
0.06xn/aUS$10.27m
VTNR.Q Vertex Energy
0.05xn/aUS$6.49m
FECO.F FEC Resources
0.2xn/aUS$1.46m
VELX.Q Canadian Overseas Petroleum
0.05xn/aUS$1.10m
OIGL.F 0.4xIndustry Avg. 1.5xNo. of Companies23PB012345+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: OIGL.F is good value based on its Price-To-Book Ratio (0.4x) compared to the US Oil and Gas industry average (1.6x).

Price to Book Ratio vs Fair Ratio

What is OIGL.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.

OIGL.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.4x
Fair PB Ration/a

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

The above table shows the analyst OIGL.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$0.023
US$0.35
+1,421.6%
83.6%US$0.80US$0.08n/a4
Nov ’25US$0.03
US$0.35
+1,064.0%
83.6%US$0.80US$0.08n/a4
Oct ’25US$0.02
US$0.36
+1,639.3%
73.5%US$0.80US$0.08n/a5
Sep ’25n/a
US$0.48
0%
20.5%US$0.62US$0.38n/a5
Aug ’25n/a
US$0.59
0%
17.8%US$0.76US$0.50n/a4
Jul ’25US$0.085
US$0.58
+581.4%
17.9%US$0.76US$0.50n/a5
Jun ’25n/a
US$0.58
0%
16.4%US$0.73US$0.50n/a5
May ’25US$0.11
US$0.57
+407.2%
16.4%US$0.73US$0.50n/a5
Apr ’25n/a
US$0.57
0%
16.6%US$0.73US$0.50n/a5
Mar ’25US$0.095
US$0.55
+477.0%
22.4%US$0.73US$0.38n/a5
Feb ’25n/a
US$0.55
0%
22.4%US$0.73US$0.38n/a5
Jan ’25US$0.12
US$0.55
+355.5%
22.3%US$0.73US$0.38n/a5
Dec ’24US$0.20
US$0.56
+181.8%
21.1%US$0.74US$0.38n/a5
Nov ’24US$0.17
US$0.56
+231.5%
21.1%US$0.74US$0.38US$0.035
Oct ’24US$0.19
US$0.57
+199.7%
21.1%US$0.74US$0.38US$0.025
Sep ’24US$0.21
US$0.60
+187.6%
24.3%US$0.83US$0.38n/a5
Aug ’24n/a
US$0.61
0%
23.5%US$0.83US$0.45n/a4
Jul ’24US$0.22
US$0.63
+185.8%
17.6%US$0.75US$0.45US$0.0855
Jun ’24n/a
US$0.63
0%
14.3%US$0.75US$0.50n/a5
May ’24n/a
US$0.65
0%
14.4%US$0.75US$0.50US$0.114
Apr ’24US$0.17
US$0.68
+299.9%
6.3%US$0.75US$0.64n/a4
Mar ’24US$0.18
US$0.68
+275.5%
0.7%US$0.68US$0.67US$0.0954
Feb ’24n/a
US$0.68
0%
0.7%US$0.68US$0.67n/a4
Jan ’24US$0.21
US$0.67
+220.4%
1.0%US$0.68US$0.66US$0.124
Dec ’23n/a
US$0.67
0%
2.0%US$0.68US$0.65US$0.203
Nov ’23n/a
US$0.66
0%
3.1%US$0.68US$0.63US$0.173

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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