Chemtrade Logistics Income Fund

OTCPK:CGIF.F Stock Report

Market Cap: US$1.0b

Chemtrade Logistics Income Fund Valuation

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

Valuation Score

6/6

Valuation Score 6/6

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

Below Fair Value: CGIF.F ($8.3) is trading below our estimate of fair value ($18.24)

Significantly Below Fair Value: CGIF.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 CGIF.F?

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

The above table shows the Price to Earnings ratio for CGIF.F. This is calculated by dividing CGIF.F's market cap by their current earnings.
What is CGIF.F's PE Ratio?
PE Ratio10.9x
EarningsCA$128.31m
Market CapCA$1.40b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CGIF.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.9x
OEC Orion
32.5x52.9%US$1.0b
KOP Koppers Holdings
10x21.0%US$757.4m
WLKP Westlake Chemical Partners
12.9xn/aUS$796.2m
ASIX AdvanSix
20.1x105.5%US$777.6m
CGIF.F Chemtrade Logistics Income Fund
10.9x2.6%US$1.4b

Price-To-Earnings vs Peers: CGIF.F is good value based on its Price-To-Earnings Ratio (10.9x) compared to the peer average (18.9x).

Price to Earnings Ratio vs Industry

How does CGIF.F's PE Ratio compare vs other companies in the US Chemicals Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FFHL Fuwei Films (Holdings)
2.8xn/aUS$27.11m
BSLK Bolt Projects Holdings
0.06xn/aUS$9.40m
BON Bon Natural Life
2.2xn/aUS$5.36m
GSPI Green Star Products
1.5xn/aUS$1.49m
CGIF.F 10.9xIndustry Avg. 22.6xNo. of Companies7PE01224364860+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CGIF.F is good value based on its Price-To-Earnings Ratio (10.9x) compared to the US Chemicals industry average (23.3x).

Price to Earnings Ratio vs Fair Ratio

What is CGIF.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.

CGIF.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.9x
Fair PE Ratio12.2x

Price-To-Earnings vs Fair Ratio: CGIF.F is good value based on its Price-To-Earnings Ratio (10.9x) compared to the estimated Fair Price-To-Earnings Ratio (12.2x).

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 CGIF.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$8.30
US$9.97
+20.2%
10.9%US$11.10US$7.88n/a7
Nov ’25US$7.85
US$9.35
+19.1%
8.7%US$10.18US$8.00n/a7
Oct ’25US$8.25
US$9.44
+14.4%
8.2%US$10.36US$8.14n/a7
Sep ’25US$7.37
US$9.26
+25.7%
9.5%US$10.29US$8.08n/a7
Aug ’25US$6.99
US$9.05
+29.5%
9.1%US$9.89US$7.69n/a7
Jul ’25US$6.69
US$9.05
+35.4%
9.1%US$9.89US$7.69n/a7
Jun ’25US$6.81
US$9.05
+32.9%
9.1%US$9.89US$7.69n/a7
May ’25US$6.30
US$8.78
+39.5%
8.9%US$9.88US$7.69n/a7
Apr ’25US$6.28
US$8.85
+40.9%
8.8%US$10.01US$7.79n/a7
Mar ’25US$5.95
US$8.85
+48.7%
8.8%US$10.01US$7.79n/a7
Feb ’25US$6.65
US$8.86
+33.3%
11.7%US$10.46US$7.10n/a7
Jan ’25US$6.46
US$8.64
+33.6%
11.7%US$10.20US$6.92n/a7
Dec ’24US$6.52
US$8.64
+32.6%
11.7%US$10.20US$6.92n/a7
Nov ’24US$5.84
US$8.49
+45.4%
8.5%US$9.42US$7.25US$7.857
Oct ’24US$5.93
US$8.55
+44.2%
8.1%US$9.61US$7.39US$8.257
Sep ’24US$6.52
US$8.55
+31.1%
8.1%US$9.61US$7.39US$7.377
Aug ’24US$6.70
US$8.95
+33.6%
9.4%US$10.04US$7.57US$6.997
Jul ’24US$6.17
US$8.96
+45.2%
9.0%US$9.88US$7.60US$6.697
Jun ’24US$6.06
US$8.75
+44.4%
9.0%US$9.65US$7.43US$6.817
May ’24US$5.63
US$8.17
+45.1%
6.2%US$9.17US$7.33US$6.307
Apr ’24US$5.85
US$8.34
+42.6%
9.2%US$9.76US$7.23US$6.287
Mar ’24US$6.60
US$8.18
+24.0%
4.9%US$8.83US$7.72US$5.954
Feb ’24US$7.64
US$8.59
+12.4%
8.4%US$9.71US$7.47US$6.657
Jan ’24US$6.65
US$8.50
+27.7%
10.0%US$9.66US$7.43US$6.467
Dec ’23US$6.90
US$8.50
+23.1%
10.0%US$9.66US$7.43US$6.527
Nov ’23US$5.50
US$7.75
+41.0%
11.9%US$9.44US$6.53US$5.847

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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