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 71.77 151 130.4 308.4 - -
Change - -69.05% 63.28% 110.34% -13.65% 136.58% - -
Enterprise Value (EV) 1 142 43.96 36.84 120.4 108.9 293.4 298.2 308.4
Change - -69.05% -16.19% 226.78% -9.5% 169.31% 1.62% 3.44%
P/E -3.19x -1.41x -2.5x -3.63x -3.36x -8.41x -9.32x -41.6x
PBR - - 2.55x 6.18x 6.41x 15x 27.5x -
PEG - 0x 0.2x -0.2x 0.1x 0.4x 0.96x 0.5x
Capitalization / Revenue 1,803x - - - - - 313x 5.85x
EV / Revenue 1,803x - - - - - 303x 5.85x
EV / EBITDA -4.74x -1.07x -1.25x -3x -3.18x -11.4x -18.8x -15x
EV / EBIT -3.67x -1.06x -1.24x -2.99x -3.17x -8x -8.58x -49x
EV / FCF -6.03x - -1.46x -4.8x -4.56x -8.59x -10.9x -4.77x
FCF Yield -16.6% - -68.5% -20.8% -21.9% -11.6% -9.19% -21%
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 2.640 2.640 2.640
Nbr of stocks (in thousands) 60,954 63,703 65,247 81,603 99,514 116,823 - -
Announcement Date 3/23/22 A 3/28/23 A 4/1/24 A 3/31/25 A 3/31/26 A - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-8.41x - -11.41x - 220M
31.85x5.73x17.17x1.02% 46.18B
34.7x3.34x14.42x-.--% 44.35B
-20.15x232.19x-21.56x-.--% 42.21B
46.3x5.35x29.28x-.--% 40.19B
27.32x7.86x20.08x0.42% 29.83B
34.98x5.74x26.08x-.--% 17.17B
25.63x2.2x9.55x1.04% 15.32B
28.8x1.89x11.64x-.--% 13.09B
Average 22.34x 33.04x 10.58x 0.31% 27.62B
Weighted average by Cap. 24.96x 43.57x 12.24x 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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