Progressive Planet Solutions Inc.

OTCPK:ASHX.F Stock Report

Market Cap: US$14.5m

Progressive Planet Solutions Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: ASHX.F ($0.14) is trading below our estimate of fair value ($0.33)

Significantly Below Fair Value: ASHX.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 ASHX.F?

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

The above table shows the Price to Earnings ratio for ASHX.F. This is calculated by dividing ASHX.F's market cap by their current earnings.
What is ASHX.F's PE Ratio?
PE Ratio43.4x
EarningsCA$468.40k
Market CapCA$20.31m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ASHX.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.2x
BMXI Brookmount Explorations
0.6xn/aUS$6.4m
IDR Idaho Strategic Resources
23.6x30.3%US$150.0m
ZCRM.F Zincore Metals
0.5xn/aUS$852.3k
EUBG Entrepreneur Universe Bright Group
196.3xn/aUS$362.2m
ASHX.F Progressive Planet Solutions
43.4xn/aUS$20.3m

Price-To-Earnings vs Peers: ASHX.F is good value based on its Price-To-Earnings Ratio (43.4x) compared to the peer average (74.2x).


Price to Earnings Ratio vs Industry

How does ASHX.F's PE Ratio compare vs other companies in the US Metals and Mining Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
VITF.F Victoria Gold
2.1xn/aUS$23.43m
BMXI Brookmount Explorations
0.6xn/aUS$6.41m
RMRI Rocky Mountain Industrials
0.9xn/aUS$1.76m
ZCRM.F Zincore Metals
0.5xn/aUS$852.33k
ASHX.F 43.4xIndustry Avg. 19.1xNo. of Companies5PE01020304050+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ASHX.F is expensive based on its Price-To-Earnings Ratio (43.4x) compared to the US Metals and Mining industry average (19.1x).


Price to Earnings Ratio vs Fair Ratio

What is ASHX.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.

ASHX.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio43.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ASHX.F's Price-To-Earnings 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.


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