ImmunoPrecise Antibodies Ltd.

NasdaqGM:IPA Stock Report

Market Cap: US$11.1m

ImmunoPrecise Antibodies Valuation

Is IPA 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-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 IPA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for IPA?

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

The above table shows the Price to Sales ratio for IPA. This is calculated by dividing IPA's market cap by their current revenue.
What is IPA's PS Ratio?
PS Ratio0.6x
SalesCA$24.09m
Market CapCA$15.54m

Price to Sales Ratio vs Peers

How does IPA's PS Ratio compare to its peers?

The above table shows the PS ratio for IPA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.6x
INIS International Isotopes
1.5xn/aUS$19.9m
PBSV Pharma-Bio Serv
1x53.3%US$11.0m
CBIH Cannabis Bioscience International Holdings
19.3xn/aUS$7.4m
BNGO Bionano Genomics
0.6x31.5%US$20.1m
IPA ImmunoPrecise Antibodies
0.6x19.7%US$11.1m

Price-To-Sales vs Peers: IPA is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (5.6x).


Price to Sales Ratio vs Industry

How does IPA's PS Ratio compare vs other companies in the US Life Sciences Industry?

10 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.3.1x6.4%
IPA ImmunoPrecise Antibodies
0.6x19.7%US$11.13m
FTRE Fortrea Holdings
0.6x2.4%US$1.72b
ATLN Atlantic International
0.6xn/aUS$260.76m
IPA 0.6xIndustry Avg. 3.1xNo. of Companies11PS02.85.68.411.214+
10 CompaniesEstimated GrowthMarket Cap
Industry Avg.3.1x18.3%
IPA ImmunoPrecise Antibodies
0.6x72.8%US$11.13m
No more companies

Price-To-Sales vs Industry: IPA is good value based on its Price-To-Sales Ratio (0.6x) compared to the US Life Sciences industry average (3.2x).


Price to Sales Ratio vs Fair Ratio

What is IPA'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.

IPA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.6x
Fair PS Ratio1.8x

Price-To-Sales vs Fair Ratio: IPA is good value based on its Price-To-Sales Ratio (0.6x) compared to the estimated Fair Price-To-Sales Ratio (1.8x).


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 IPA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$0.35
US$6.00
+1,622.2%
50.0%US$9.00US$3.00n/a2
Nov ’25US$0.42
US$6.00
+1,337.1%
50.0%US$9.00US$3.00n/a2
Oct ’25US$0.58
US$6.00
+926.5%
50.0%US$9.00US$3.00n/a2
Sep ’25US$0.76
US$6.00
+694.7%
50.0%US$9.00US$3.00n/a2
Aug ’25US$0.86
US$7.00
+711.1%
28.6%US$9.00US$5.00n/a2
Jul ’25US$0.97
US$7.00
+619.8%
28.6%US$9.00US$5.00n/a2
Jun ’25US$1.11
US$7.00
+531.0%
28.6%US$9.00US$5.00n/a2
May ’25US$1.25
US$7.00
+460.0%
28.6%US$9.00US$5.00n/a2
Apr ’25US$1.53
US$7.00
+357.5%
28.6%US$9.00US$5.00n/a2
Mar ’25US$1.88
US$7.00
+272.3%
28.6%US$9.00US$5.00n/a2
Feb ’25US$1.89
US$7.00
+270.4%
28.6%US$9.00US$5.00n/a2
Jan ’25US$1.71
US$7.00
+309.4%
28.6%US$9.00US$5.00n/a2
Dec ’24US$1.70
US$8.00
+370.6%
12.5%US$9.00US$7.00n/a2
Nov ’24US$2.12
US$8.00
+277.4%
12.5%US$9.00US$7.00US$0.422
Oct ’24US$1.83
US$8.00
+337.2%
12.5%US$9.00US$7.00US$0.582
Sep ’24US$2.03
US$8.00
+294.1%
12.5%US$9.00US$7.00US$0.762
Aug ’24US$2.32
US$8.00
+244.8%
12.5%US$9.00US$7.00US$0.862
Jul ’24US$2.96
US$8.00
+170.3%
12.5%US$9.00US$7.00US$0.972
Jun ’24US$3.21
US$8.00
+149.2%
12.5%US$9.00US$7.00US$1.112
May ’24US$2.57
US$8.00
+211.3%
12.5%US$9.00US$7.00US$1.252
Apr ’24US$2.77
US$8.00
+188.8%
12.5%US$9.00US$7.00US$1.532
Mar ’24US$3.76
US$10.50
+179.3%
14.3%US$12.00US$9.00US$1.882
Feb ’24US$4.43
US$10.50
+137.0%
14.3%US$12.00US$9.00US$1.892
Jan ’24US$5.21
US$10.50
+101.5%
14.3%US$12.00US$9.00US$1.712

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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