Company Valuation: Lightning Resource Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 47.85 42.56 22.17 15.07 11.44 20.61
Change - -11.05% -47.92% -32% -24.1% 80.12%
Enterprise Value (EV) 1 44.62 36.17 23.04 23.81 20.92 18.68
Change - -18.95% -36.31% 3.36% -12.14% -10.69%
P/E -32.7x -12x -1.5x -7.55x -3.52x -0.64x
PBR 2.94x 1.19x 1.02x 0.73x 0.48x 3.09x
PEG - -0.2x -0x 0.1x -0.1x -0x
Capitalization / Revenue - - - - - -
EV / Revenue - - - - - -
EV / EBITDA - - - - - -
EV / EBIT -34.9x -14x -10.9x -13.4x -14.7x -0.6x
EV / FCF -8.16x -6.39x -3.26x -2.57x -3.4x 2.4x
FCF Yield -12.3% -15.7% -30.6% -38.9% -29.4% 41.7%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.1178 -0.2 -0.831 -0.1125 -0.142 -1.1
Distribution rate - - - - - -
Net sales - - - - - -
EBITDA - - - - - -1.344
EBIT 1 -1.28 -2.586 -2.106 -1.774 -1.423 -31.08
Net income 1 -1.327 -2.518 -14.74 -1.996 -2.818 -24.84
Net Debt 1 -3.236 -6.399 0.8661 8.733 9.475 -1.93
Reference price 2 3.8500 2.4000 1.2500 0.8500 0.5000 0.7000
Nbr of stocks (in thousands) 12,430 17,735 17,735 17,735 22,885 29,442
Announcement Date 4/29/21 4/26/22 4/25/23 4/23/24 4/25/25 4/24/26
1CAD in Million2CAD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 10.19M
18.39x4.35x7.83x3.16% 243B
12.31x3.04x6.6x4.78% 179B
16.59x4.67x7.73x3.04% 107B
13.14x0.4x6.51x3.16% 94.94B
28.49x7.04x18.48x-.--% 72.06B
55.03x3.38x8.31x1.12% 61.78B
16.41x3.33x6.59x0.55% 34.59B
14.34x4.67x7.1x4.04% 31.74B
13.75x4.97x8.79x3.72% 26.99B
Average 20.94x 3.98x 8.66x 2.62% 85.03B
Weighted average by Cap. 19.44x 3.82x 8.30x 3.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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