Topaz Energy Corp.

OTCPK:TPZE.F Stock Report

Market Cap: US$3.2b

Topaz Energy Valuation

Is TPZE.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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: TPZE.F ($21.05) is trading below our estimate of fair value ($35.26)

Significantly Below Fair Value: TPZE.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 TPZE.F?

Key metric: As TPZE.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TPZE.F. This is calculated by dividing TPZE.F's market cap by their current earnings.
What is TPZE.F's PE Ratio?
PE Ratio73x
EarningsCA$61.60m
Market CapCA$4.50b

Price to Earnings Ratio vs Peers

How does TPZE.F's PE Ratio compare to its peers?

The above table shows the PE ratio for TPZE.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.4x
CRGY Crescent Energy
42.1x65.9%US$3.5b
BSM Black Stone Minerals
9.5x-7.2%US$3.3b
TALO Talos Energy
27.8x-82.6%US$2.1b
MUR Murphy Oil
10.2x12.9%US$4.9b
TPZE.F Topaz Energy
73x4.2%US$4.5b

Price-To-Earnings vs Peers: TPZE.F is expensive based on its Price-To-Earnings Ratio (73x) compared to the peer average (22.4x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
BYRO.F Byron Energy
0.03x-10.3%US$312.17k
USOP.Y U.S. Oil and Gas
n/an/aUS$6.00
No more companies available in this PE range
TPZE.F 73.0xIndustry Avg. 11.6xNo. of Companies18PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TPZE.F is expensive based on its Price-To-Earnings Ratio (73x) compared to the US Oil and Gas industry average (11.6x).

Price to Earnings Ratio vs Fair Ratio

What is TPZE.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TPZE.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio73x
Fair PE Ratio10.1x

Price-To-Earnings vs Fair Ratio: TPZE.F is expensive based on its Price-To-Earnings Ratio (73x) compared to the estimated Fair Price-To-Earnings Ratio (10.1x).

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 TPZE.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$21.05
US$22.83
+8.5%
5.8%US$25.06US$20.77n/a13
Nov ’25US$19.07
US$22.72
+19.1%
6.7%US$25.18US$20.14n/a13
Oct ’25US$19.43
US$22.11
+13.8%
7.1%US$25.20US$19.27n/a12
Sep ’25US$19.65
US$21.74
+10.6%
7.4%US$24.85US$19.00n/a12
Aug ’25US$18.25
US$21.24
+16.4%
6.8%US$24.62US$18.83n/a12
Jul ’25US$17.58
US$20.24
+15.1%
8.2%US$24.09US$18.25n/a13
Jun ’25US$16.77
US$20.05
+19.6%
7.7%US$23.97US$18.16n/a14
May ’25US$16.31
US$20.05
+22.9%
7.7%US$23.97US$18.16n/a14
Apr ’25US$16.48
US$19.88
+20.6%
7.9%US$22.24US$17.05n/a14
Mar ’25US$14.98
US$19.62
+31.0%
8.1%US$22.21US$17.03n/a13
Feb ’25US$14.31
US$19.92
+39.2%
7.3%US$22.39US$17.91n/a13
Jan ’25US$14.67
US$20.85
+42.1%
8.8%US$24.00US$18.00n/a13
Dec ’24US$14.50
US$20.17
+39.1%
8.2%US$23.08US$17.31n/a14
Nov ’24US$15.81
US$20.17
+27.6%
8.2%US$23.08US$17.31US$19.0714
Oct ’24US$15.88
US$20.34
+28.1%
8.9%US$23.45US$16.86US$19.4314
Sep ’24US$16.13
US$20.41
+26.5%
9.1%US$23.60US$16.96US$19.6514
Aug ’24US$15.90
US$20.69
+30.2%
8.8%US$24.08US$17.31US$18.2514
Jul ’24US$15.33
US$20.46
+33.4%
9.3%US$23.93US$17.20US$17.5814
Jun ’24US$15.60
US$19.89
+27.5%
9.8%US$23.54US$16.92US$16.7715
May ’24US$14.31
US$20.02
+39.8%
10.4%US$23.64US$16.25US$16.3115
Apr ’24US$14.13
US$20.34
+44.0%
9.5%US$23.59US$16.22US$16.4815
Mar ’24US$14.16
US$20.96
+48.0%
8.0%US$23.53US$18.02US$14.9815
Feb ’24US$15.05
US$21.77
+44.7%
8.5%US$24.05US$18.41US$14.3115
Jan ’24US$15.50
US$22.44
+44.8%
7.5%US$26.47US$19.49US$14.6714
Dec ’23US$17.55
US$22.82
+30.0%
7.8%US$27.04US$19.91US$14.5014
Nov ’23US$17.23
US$22.08
+28.2%
8.2%US$26.42US$18.71US$15.8114

Analyst Forecast: Target price is less than 20% higher than the current share price.

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