Company Valuation: Cardiol Therapeutics Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 142 43.96 71.77 151 130.4 311.9 - -
Change - -69.05% 63.28% 110.34% -13.65% 139.27% - -
Enterprise Value (EV) 1 142 43.96 36.84 120.4 108.9 296.9 301.7 311.9
Change - -69.05% -16.19% 226.78% -9.5% 172.53% 1.6% 3.4%
P/E -3.19x -1.41x -2.5x -3.63x -3.36x -8.5x -9.42x -42x
PBR - - 2.55x 6.18x 6.41x 15.2x 27.8x -
PEG - 0x 0.2x -0.2x 0.1x 0.4x 0.97x 0.5x
Capitalization / Revenue 1,803x - - - - - 317x 5.91x
EV / Revenue 1,803x - - - - - 307x 5.91x
EV / EBITDA -4.74x -1.07x -1.25x -3x -3.18x -11.5x -19x -15.1x
EV / EBIT -3.67x -1.06x -1.24x -2.99x -3.17x -8.1x -8.68x -49.6x
EV / FCF -6.03x - -1.46x -4.8x -4.56x -8.69x -11x -4.82x
FCF Yield -16.6% - -68.5% -20.8% -21.9% -11.5% -9.08% -20.7%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.73 -0.49 -0.44 -0.51 -0.39 -0.314 -0.2834 -0.0635
Distribution rate - - - - - - - -
Net sales 1 0.0788 - - - - - 0.9842 52.75
EBITDA 1 -29.95 -41.12 -29.54 -40.11 -34.21 -25.72 -15.88 -20.62
EBIT 1 -38.66 -41.34 -29.79 -40.28 -34.32 -36.66 -34.76 -6.288
Net income 1 -31.64 -30.93 -28.13 -36.68 -33.82 -36.31 -36.46 -15.29
Net Debt 1 - - -34.93 -30.58 -21.42 -15.01 -10.26 -
Reference price 2 2.330 0.690 1.100 1.850 1.310 2.670 2.670 2.670
Nbr of stocks (in thousands) 60,954 63,703 65,247 81,603 99,514 116,823 - -
Announcement Date 3/23/22 3/28/23 4/1/24 3/31/25 3/31/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-8.5x - -11.54x - 222M
32.89x5.91x17.69x0.99% 47.86B
34.78x3.35x14.44x-.--% 44.46B
48.22x5.6x30.63x-.--% 41.85B
-19.82x211.04x-21.38x-.--% 41.34B
27.01x7.79x20.05x0.42% 30.04B
35.84x5.89x26.75x-.--% 17.59B
26.32x2.25x9.76x1.02% 15.69B
-55.43x9.1x222.2x-.--% 13.93B
Average 13.48x 31.36x 34.29x 0.3% 28.11B
Weighted average by Cap. 21.35x 39.13x 24.53x 0.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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