T

Thinkific Labs Inc
TSX:THNC

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Thinkific Labs Inc
TSX:THNC
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Price: 2.14 CAD
Market Cap: 145.5m CAD

Relative Value

The Relative Value of one THNC stock under the Base Case scenario is 1.59 CAD. Compared to the current market price of 2.14 CAD, Thinkific Labs Inc is Overvalued by 26%.

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.

THNC Relative Value
Base Case
1.59 CAD
Overvaluation 26%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
94
vs Industry
32
Median 3Y
2.3
Median 5Y
2.6
Industry
1.5
Forward
1.4
vs History
11
vs Industry
Median 3Y
-4
Median 5Y
-5.3
Industry
18.3
Forward
-115.5
vs History
28
vs Industry
17
Median 3Y
-3.2
Median 5Y
-5.4
Industry
11.4
vs History
28
vs Industry
18
Median 3Y
-3
Median 5Y
-5
Industry
16
vs History
52
vs Industry
18
Median 3Y
2.5
Median 5Y
2.6
Industry
1.8
vs History
64
vs Industry
40
Median 3Y
0.9
Median 5Y
1.4
Industry
1.6
Forward
0.8
vs History
64
vs Industry
51
Median 3Y
1.2
Median 5Y
1.9
Industry
3.5
vs History
5
vs Industry
Median 3Y
-2
Median 5Y
-3.9
Industry
9
Forward
17.2
vs History
vs Industry
Median 3Y
-10.5
Median 5Y
-12.9
Industry
12.8
Forward
-19.6
vs History
28
vs Industry
22
Median 3Y
-0.1
Median 5Y
-1.8
Industry
10.9
vs History
28
vs Industry
24
Median 3Y
-0.1
Median 5Y
-1.7
Industry
13.5
vs History
62
vs Industry
5
Median 3Y
6.2
Median 5Y
9.4
Industry
1.5

Multiples Across Competitors

THNC Competitors Multiples
Thinkific Labs Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Thinkific Labs Inc
TSX:THNC
145.9m CAD 1.6 86.6 186 -51.6
US
Alphabet Inc
NASDAQ:GOOGL
2.2T USD 6 19.5 15.3 17.4
US
Meta Platforms Inc
NASDAQ:META
1.8T USD 10.9 27.8 20.3 24.7
CN
Tencent Holdings Ltd
HKEX:700
4.6T HKD 6.2 21 19.7 19.7
JP
LY Corp
XMUN:YOJ
43.5B EUR 3.9 48.8 23.1 36.7
CN
Kuaishou Technology
HKEX:1024
279B HKD 2 16.8 9.9 14.4
CN
Baidu Inc
NASDAQ:BIDU
31B USD 1.7 8.7 8.1 8.1
KR
Naver Corp
KRX:035420
37.9T KRW 3.4 20.8 11.8 15.7
JP
Z Holdings Corp
TSE:4689
3.8T JPY 2 24.7 14.5 23
US
Pinterest Inc
NYSE:PINS
23.9B USD 6.3 12.6 96.5 107.3
AU
REA Group Ltd
ASX:REA
31B AUD 16.8 50.3 40 40
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
T
Thinkific Labs Inc
TSX:THNC
Average EV/EBITDA: 40.5
186
N/A N/A
US
Alphabet Inc
NASDAQ:GOOGL
15.3
21%
0.7
US
Meta Platforms Inc
NASDAQ:META
20.3
21%
1
CN
Tencent Holdings Ltd
HKEX:700
19.7
25%
0.8
JP
L
LY Corp
XMUN:YOJ
23.1
12%
1.9
CN
Kuaishou Technology
HKEX:1024
9.9
24%
0.4
CN
Baidu Inc
NASDAQ:BIDU
8.1
-3%
N/A
KR
Naver Corp
KRX:035420
11.8
12%
1
JP
Z Holdings Corp
TSE:4689
14.5
12%
1.2
US
Pinterest Inc
NYSE:PINS
96.5
110%
0.9
AU
REA Group Ltd
ASX:REA
40
22%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
T
Thinkific Labs Inc
TSX:THNC
Average EV/EBIT: 30.7
Negative Multiple: -51.6
N/A N/A
US
Alphabet Inc
NASDAQ:GOOGL
17.4
13%
1.3
US
Meta Platforms Inc
NASDAQ:META
24.7
12%
2.1
CN
Tencent Holdings Ltd
HKEX:700
19.7
16%
1.2
JP
L
LY Corp
XMUN:YOJ
36.7
N/A N/A
CN
Kuaishou Technology
HKEX:1024
14.4
30%
0.5
CN
Baidu Inc
NASDAQ:BIDU
8.1
9%
0.9
KR
Naver Corp
KRX:035420
15.7
14%
1.1
JP
Z Holdings Corp
TSE:4689
23
N/A N/A
US
Pinterest Inc
NYSE:PINS
107.3
71%
1.5
AU
REA Group Ltd
ASX:REA
40
16%
2.5