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 71.77 151 130.4 167.8 - -
Change - -69.05% 63.28% 110.34% -13.65% 28.72% - -
Enterprise Value (EV) 1 142 43.96 36.84 120.4 108.9 152.8 157.6 167.8
Change - -69.05% -16.19% 226.78% -9.5% 40.25% 3.11% 6.51%
P/E Ratio -3.19x -1.41x -2.5x -3.63x -3.36x -4.17x -6.45x 40.9x
PBR - - 2.55x 6.18x 6.41x 8.52x 15.6x -
PEG - 0x 0.2x -0.2x 0.1x 0.54x 0.2x -0x
Capitalization / Revenue 1,803x - - - - - 50.5x 4.62x
EV / Revenue 1,803x - - - - - 47.4x 4.62x
EV / EBITDA -4.74x -1.07x -1.25x -3x -3.18x -6.49x -9.92x -8.14x
EV / EBIT -3.67x -1.06x -1.24x -2.99x -3.17x -4.35x -5.86x 34.8x
EV / FCF -6.03x - -1.46x -4.8x -4.56x -7.53x -33.7x -
FCF Yield -16.6% - -68.5% -20.8% -21.9% -13.3% -2.97% -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.73 -0.49 -0.44 -0.51 -0.39 -0.36 -0.2325 0.0367
Distribution rate - - - - - - - -
Net sales 1 0.0788 - - - - - 3.321 36.32
EBITDA 1 -29.95 -41.12 -29.54 -40.11 -34.21 -23.54 -15.88 -20.62
EBIT 1 -38.66 -41.34 -29.79 -40.28 -34.32 -35.09 -26.87 4.821
Net income 1 -31.64 -30.93 -28.13 -36.68 -33.82 -35.21 -30.57 -8.68
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 1.500 1.500 1.500
Nbr of stocks (in thousands) 60,954 63,703 65,247 81,603 99,514 111,872 - -
Announcement Date 3/23/22 3/28/23 4/1/24 3/31/25 3/31/26 - - -
1CAD in Million2CAD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-4.17x - -6.49x - 120M
29.71x5.27x16.33x1.11% 42.96B
-18.77x275.88x-16.99x-.--% 31.73B
22.03x2.54x10.97x-.--% 30.22B
38.83x3.84x24.59x-.--% 28.94B
28.09x7.25x18.65x0.42% 23.87B
27.88x4.48x20.38x-.--% 13.57B
22.34x1.93x8.51x1.19% 12.96B
-20.61x13.45x-20.03x-.--% 12.2B
Average 13.93x 39.33x 6.21x 0.34% 21.84B
Weighted average by Cap. 18.09x 48.82x 9.12x 0.37%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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