Thunderbird Resources Valuation

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

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of VOYR.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 VOYR.F's fair value for valuation analysis.

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

Key Valuation Metric

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

Key metric: As VOYR.F is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for VOYR.F. This is calculated by dividing VOYR.F's market cap by their current revenue.
What is VOYR.F's PS Ratio?
PS Ratio	15.3x
Sales	AU$380.38k
Market Cap	AU$5.84m

VOYR.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	13.4x
Enterprise Value/EBITDA	-4.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does VOYR.F's PS Ratio compare to its peers?

The above table shows the PS ratio for VOYR.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	26.1x
BMXI Brookmount Explorations	0.3x	n/a	US$6.5m
ILST International Star	2.7x	n/a	US$1.4m
PUBC PureBase	60.5x	n/a	US$18.8m
LQMT Liquidmetal Technologies	40.9x	n/a	US$41.0m
VOYR.F Thunderbird Resources	15.3x	n/a	US$5.8m

Price-To-Sales vs Peers: VOYR.F is good value based on its Price-To-Sales Ratio (15.3x) compared to the peer average (26.1x).

Price to Sales Ratio vs Industry

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

24 Companies	Price / Sales	Estimated Growth	Market Cap
TX Ternium	0.3x	2.8%	US$6.63b
CLF Cleveland-Cliffs	0.3x	4.3%	US$6.17b
ARNC Arconic	0.4x	5.8%	US$3.01b
CSTM Constellium	0.3x	9.3%	US$1.83b

24 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: VOYR.F is expensive based on its Price-To-Sales Ratio (15.3x) compared to the US Metals and Mining industry average (1.3x).

Price to Sales Ratio vs Fair Ratio

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

VOYR.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	15.3x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate VOYR.F's Price-To-Sales 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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