Company Valuation: Northern Shield Resources Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 23.79 17.5 3.076 2.91 4.111 10.64
Change - -26.44% -82.43% -5.4% 41.3% 158.78%
Enterprise Value (EV) 1 22.03 17.2 2.859 2.734 3.724 9.855
Change - -21.94% -83.38% -4.36% 36.22% 164.6%
P/E -37.7x -72.9x -4.38x -2.66x -1.18x -11.2x
PBR 4.75x 3.26x 0.59x 0.56x 1.78x 2.57x
PEG - 1.1x -0x -0.1x -0x 0.1x
Capitalization / Revenue - - - - - -
EV / Revenue - - - - - -
EV / EBITDA -24.1x -23x -4.69x -3.2x -6.33x -11.8x
EV / EBIT -22.7x -22.9x -4.59x -2.46x -0.93x -11.6x
EV / FCF -8.51x -6.6x -11.1x -7.44x 7.85x -7.32x
FCF Yield -11.8% -15.2% -8.99% -13.4% 12.7% -13.7%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0113 -0.004115 -0.0103 -0.0132 -0.038 -0.006253
Distribution rate - - - - - -
Net sales - - - - - -
EBITDA 1 -0.9146 -0.7467 -0.6097 -0.854 -0.5888 -0.8326
EBIT 1 -0.9701 -0.7522 -0.6231 -1.112 -4.008 -0.8508
Net income 1 -0.5888 -0.233 -0.6101 -0.9912 -3.188 -0.6932
Net Debt 1 -1.758 -0.3016 -0.217 -0.1755 -0.3869 -0.7847
Reference price 2 0.4250 0.3000 0.0450 0.0350 0.0450 0.0700
Nbr of stocks (in thousands) 55,978 58,337 68,347 83,134 91,364 151,992
Announcement Date 4/28/21 4/29/22 4/28/23 4/29/24 4/23/25 4/29/26
1CAD in Million2CAD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 4.84M
9.37x2.2x5.73x6.95% 20.55B
30.11x2.5x20.18x0.64% 19.03B
23.81x7.65x14.31x0.12% 11.55B
7.74x1.13x4.8x9.82% 10.42B
23.28x7.25x13.71x0.31% 9.06B
21.63x - - 0.33% 8.71B
-154.87x17.83x57.31x-.--% 8.37B
5.19x0.85x2.57x8.14% 7.06B
7.98x1.69x5.39x5.14% 6.07B
Average -2.86x 5.14x 15.50x 3.49% 10.08B
Weighted average by Cap. 3.08x 4.60x 14.89x 3.5%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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  4. Valuation Northern Shield Resources Inc.