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 71.77 151 130.4 186.9 - -
Change - -69.05% 63.28% 110.34% -13.65% 43.38% - -
Enterprise Value (EV) 1 142 43.96 36.84 120.4 108.9 167.9 180.3 186.9
Change - -69.05% -16.19% 226.78% -9.5% 54.08% 7.42% 3.66%
P/E -3.19x -1.41x -2.5x -3.63x -3.36x -3.33x -5.45x -23.4x
PBR - - 2.55x 6.18x 6.41x 7.11x 50x -
PEG - 0x 0.2x -0.2x 0.1x -0.1x 0.1x 0.3x
Capitalization / Revenue 1,803x - - - - - 112x 3.54x
EV / Revenue 1,803x - - - - - 108x 3.54x
EV / EBITDA -4.74x -1.07x -1.25x -3x -3.18x -4.68x -8.87x -9.07x
EV / EBIT -3.67x -1.06x -1.24x -2.99x -3.17x -4.6x -4.94x -29.7x
EV / FCF -6.03x - -1.46x -4.8x -4.56x -5.39x -5.77x -2.89x
FCF Yield -16.6% - -68.5% -20.8% -21.9% -18.5% -17.3% -34.6%
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 1.600 1.600 1.600
Nbr of stocks (in thousands) 60,954 63,703 65,247 81,603 99,514 1,16,823 - -
Announcement Date 23/03/22 28/03/23 01/04/24 31/03/25 31/03/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-3.33x - -4.68x - 13Cr
20.07x7.14x14.31x1.48% 6.9TCr
28.61x7.85x24.63x0.05% 5.31TCr
35.29x6.26x18.73x0.92% 5.08TCr
34.21x3.36x14.49x-.--% 4.46TCr
-19.62x197.94x-20.83x-.--% 4.06TCr
49.56x5.68x31.19x-.--% 4.25TCr
27.19x7.72x19.99x0.39% 3.09TCr
29.37x6.23x16.17x-.--% 2.54TCr
-13.66x5.14x-6.23x-.--% 2.27TCr
Average 18.77x 27.48x 10.78x 0.32% 3.8TCr
Weighted average by Cap. 23.21x 26.76x 13.86x 0.43%

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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