Company Valuation: Ovation Science Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 10.43 1.762 0.7344 1.186 1.234 1.536
Change - -83.1% -58.33% 61.54% 3.98% 24.56%
Enterprise Value (EV) 1 8.89 1.115 0.7466 1.33 1.499 1.747
Change - -87.46% -33.04% 78.15% 12.68% 16.58%
P/E -7.99x -0.74x -0.92x -1.31x -2.68x -2.26x
PBR 3.35x 2.5x -8.86x -1.82x -1.13x -1.05x
PEG - -0x 0x 1.65x 0.1x -0.1x
Capitalization / Revenue 13.9x 7.84x 5.32x 19.2x 10.9x 22.6x
EV / Revenue 11.9x 4.96x 5.4x 21.5x 13.2x 25.7x
EV / EBITDA -9.51x -0.74x -1.01x -1.74x -3.14x -2.93x
EV / EBIT -9.42x -0.73x -1x -1.73x -3.13x -2.92x
EV / FCF -8.64x -6.08x -2.22x -56.1x -109x 20.3x
FCF Yield -11.6% -16.5% -45.1% -1.78% -0.92% 4.93%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0444 -0.0815 -0.027 -0.0268 -0.013 -0.0177
Distribution rate - - - - - -
Net sales 1 0.75 0.2249 0.1382 0.0619 0.1132 0.0679
EBITDA 1 -0.9348 -1.516 -0.7387 -0.764 -0.4769 -0.5961
EBIT 1 -0.9434 -1.525 -0.7454 -0.7672 -0.479 -0.5982
Net income 1 -1.185 -2.394 -0.7941 -0.8131 -0.4562 -0.6313
Net Debt 1 -1.538 -0.6476 0.0122 0.1438 0.2652 0.2108
Reference price 2 0.3550 0.0600 0.0250 0.0350 0.0350 0.0400
Nbr of stocks (in thousands) 29,375 29,375 29,375 33,895 35,245 38,412
Announcement Date 30/04/21 02/05/22 01/05/23 07/05/24 01/05/25 01/05/26
1CAD in Million2CAD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 8L
29.35x4.55x18.75x2.02% 24TCr
60.2x8.5x32.64x0.21% 5.24TCr
24.9x4.55x17.73x1.34% 1.02TCr
33.4x1.63x12.34x1.66% 917.07Cr
23.8x1.71x10.97x1.13% 621.99Cr
51.66x3.23x15.78x-.--% 581.17Cr
25.28x2.5x13.41x2.6% 393.82Cr
14.25x1.56x8.75x3% 335.46Cr
18.86x2.44x11.8x4.11% 252.16Cr
Average 31.30x 3.41x 15.80x 1.79% 3.31TCr
Weighted average by Cap. 34.21x 4.94x 20.32x 1.68%

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 Ovation Science Inc.