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 71.77 151 130.4 171.7 - -
Change - -69.05% 63.28% 110.34% -13.65% 31.73% - -
Enterprise Value (EV) 1 142 43.96 36.84 120.4 108.9 152.7 165.1 171.7
Change - -69.05% -16.19% 226.78% -9.5% 40.14% 8.16% 3.99%
P/E -3.19x -1.41x -2.5x -3.63x -3.36x -3.06x -5.01x -21.5x
PBR - - 2.55x 6.18x 6.41x 6.53x 45.9x -
PEG - 0x 0.2x -0.2x 0.1x -0.1x 0.1x 0.3x
Capitalization / Revenue 1,803x - - - - - 103x 3.26x
EV / Revenue 1,803x - - - - - 99.1x 3.26x
EV / EBITDA -4.74x -1.07x -1.25x -3x -3.18x -4.25x -8.12x -8.33x
EV / EBIT -3.67x -1.06x -1.24x -2.99x -3.17x -4.18x -4.52x -27.3x
EV / FCF -6.03x - -1.46x -4.8x -4.56x -4.9x -5.29x -2.65x
FCF Yield -16.6% - -68.5% -20.8% -21.9% -20.4% -18.9% -37.7%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.73 -0.49 -0.44 -0.51 -0.39 -0.4804 -0.2934 -0.0685
Distribution rate - - - - - - - -
Net sales 1 0.0788 - - - - - 1.667 52.75
EBITDA 1 -29.95 -41.12 -29.54 -40.11 -34.21 -35.9 -20.34 -20.62
EBIT 1 -38.66 -41.34 -29.79 -40.28 -34.32 -36.49 -36.54 -6.288
Net income 1 -31.64 -30.93 -28.13 -36.68 -33.82 -36.11 -37.94 -15.29
Net Debt 1 - - -34.93 -30.58 -21.42 -19.05 -6.594 -
Reference price 2 2.330 0.690 1.100 1.850 1.310 1.470 1.470 1.470
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-3.06x - -4.25x - 123M
16.47x6.17x11.83x1.81% 62.23B
29.48x7.92x26.5x0.05% 54.92B
37.71x6.69x19.98x0.86% 55.26B
33.73x3.23x13.93x-.--% 42.59B
47.65x5.47x29.98x-.--% 41.08B
-19.53x189.01x-20.8x-.--% 40.33B
44.75x7.99x26.76x-.--% 33.12B
32.06x8.14x21.19x0.4% 32.61B
-68.85x12.63x-70.58x-.--% 23.98B
Average 15.04x 27.47x 5.45x 0.35% 38.62B
Weighted average by Cap. 21.26x 25.92x 10.79x 0.46%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cardiol Therapeutics Inc.

Historical PBR trend

Valuation ratios - PBR - Cardiol Therapeutics Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cardiol Therapeutics Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cardiol Therapeutics Inc.

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