S

Synex Renewable Energy Corp
TSX:SXI

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Synex Renewable Energy Corp
TSX:SXI
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Price: 2.33 CAD Market Closed
Market Cap: 11.7m CAD

Relative Value

SXI doesn't have a meaningful market cap.

The Relative Value of one SXI stock under the Base Case scenario is 2.92 CAD. Compared to the current market price of 2.33 CAD, Synex Renewable Energy Corp is Undervalued by 20%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SXI Relative Value
Base Case
2.92 CAD
Undervaluation 20%
Relative Value
Price
S
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
32
Median 3Y
3.6
Median 5Y
3.4
Industry
1.7
vs History
vs Industry
Median 3Y
-9.7
Median 5Y
-10.5
Industry
15.1
vs History
vs Industry
0
Median 3Y
-21.9
Median 5Y
-17
Industry
7.1
vs History
vs Industry
Median 3Y
-5.7
Median 5Y
-5.7
Industry
14.1
vs History
0
vs Industry
21
Median 3Y
2.8
Median 5Y
2.5
Industry
1.4
vs History
14
vs Industry
16
Median 3Y
8.1
Median 5Y
7.6
Industry
2.9
vs History
14
vs Industry
50
Median 3Y
8.7
Median 5Y
8.1
Industry
7.9
vs History
4
vs Industry
8
Median 3Y
31
Median 5Y
20.8
Industry
10.6
vs History
vs Industry
Median 3Y
-48.7
Median 5Y
-19.8
Industry
15.2
vs History
vs Industry
0
Median 3Y
-56.4
Median 5Y
-44.6
Industry
10.9
vs History
vs Industry
Median 3Y
-40.6
Median 5Y
-40.1
Industry
16.9
vs History
0
vs Industry
30
Median 3Y
1.2
Median 5Y
1.2
Industry
0.9

Multiples Across Competitors

SXI Competitors Multiples
Synex Renewable Energy Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Synex Renewable Energy Corp
TSX:SXI
11.7m CAD 4.2 -13 53.4 -49.2
DE
Uniper SE
XETRA:UN01
562.9B EUR 2.1 -29.7 -142.5 -87.5
US
Vistra Corp
NYSE:VST
65.4B USD 3.6 29.3 12.2 21.2
SA
ACWA Power Co
SAU:2082
184.5B SAR 26.3 97.7 76.9 96.4
IN
NTPC Ltd
NSE:NTPC
3.3T INR 1.7 14 9.3 13.7
CN
China National Nuclear Power Co Ltd
SSE:601985
193.8B CNY 2.4 20.2 17.9 17.9
CN
CGN Power Co Ltd
SZSE:003816
191.4B CNY 2.2 18.7 14.6 14.6
IN
Adani Power Ltd
NSE:ADANIPOWER
2.2T INR 3.9 17 11.2 14.1
TH
Gulf Energy Development PCL
SET:GULF
694.7B THB 5.7 38.2 36.8 45
CN
SDIC Power Holdings Co Ltd
SSE:600886
114.9B CNY 2 17.4 14.2 14.2
US
Talen Energy Corp
NASDAQ:TLN
15.8B USD 7.9 27.8 48 -1 680
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
S
Synex Renewable Energy Corp
TSX:SXI
Average EV/EBITDA: 29.5
53.4
N/A N/A
DE
Uniper SE
XETRA:UN01
Negative Multiple: -142.5 N/A N/A
US
Vistra Corp
NYSE:VST
12.2
1%
12.2
SA
ACWA Power Co
SAU:2082
76.9
48%
1.6
IN
NTPC Ltd
NSE:NTPC
9.3
10%
0.9
CN
China National Nuclear Power Co Ltd
SSE:601985
17.9
33%
0.5
CN
CGN Power Co Ltd
SZSE:003816
14.6
24%
0.6
IN
Adani Power Ltd
NSE:ADANIPOWER
11.2
8%
1.4
TH
G
Gulf Energy Development PCL
SET:GULF
36.8
12%
3.1
CN
SDIC Power Holdings Co Ltd
SSE:600886
14.2
27%
0.5
US
Talen Energy Corp
NASDAQ:TLN
48
33%
1.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
S
Synex Renewable Energy Corp
TSX:SXI
Average EV/EBIT: 29.6
Negative Multiple: -49.2
N/A N/A
DE
Uniper SE
XETRA:UN01
Negative Multiple: -87.5 N/A N/A
US
Vistra Corp
NYSE:VST
21.2
4%
5.3
SA
ACWA Power Co
SAU:2082
96.4
54%
1.8
IN
NTPC Ltd
NSE:NTPC
13.7
11%
1.2
CN
China National Nuclear Power Co Ltd
SSE:601985
17.9
8%
2.2
CN
CGN Power Co Ltd
SZSE:003816
14.6
3%
4.9
IN
Adani Power Ltd
NSE:ADANIPOWER
14.1
N/A N/A
TH
G
Gulf Energy Development PCL
SET:GULF
45
19%
2.4
CN
SDIC Power Holdings Co Ltd
SSE:600886
14.2
5%
2.8
US
Talen Energy Corp
NASDAQ:TLN
Negative Multiple: -1 680
75%
N/A