E3 Lithium Ltd
XTSX:ETL
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its Industry Average (15), the stock would be worth CA$-0.88 (168% downside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -22 | CA$1.29 |
0%
|
| Industry Average | 15 | CA$-0.88 |
-168%
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| Country Average | 10.9 | CA$-0.64 |
-150%
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Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
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E3 Lithium Ltd
XTSX:ETL
|
112m CAD | -22 | -18.1 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
281.5B AUD | 10 | 19.2 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
279.5B AUD | 11.7 | 19.8 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
118.8B GBP | 9.3 | 15.6 | |
| MX |
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Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.5T MXN | 14.2 | 17 | |
| CH |
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Glencore PLC
LSE:GLEN
|
64.7B GBP | 15.4 | 239 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | 22.8 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
395.4B CNY | 19 | 19.5 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
41.5B GBP | 10.1 | -14.8 | |
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
47.1B USD | 15.5 | 15.9 | |
| ZA |
A
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African Rainbow Minerals Ltd
JSE:ARI
|
43.1B ZAR | 7.5 | 33.4 |
Market Distribution
| Min | 0.1 |
| 30th Percentile | 7.2 |
| Median | 10.9 |
| 70th Percentile | 17 |
| Max | 26 053.9 |
Other Multiples
E3 Lithium Ltd
Glance View
E3 Lithium Ltd. operates as an exploration company, which engages in the acquisition and exploration of petro-brine lithium resource properties. The company is headquartered in Calgary, Alberta and currently employs 14 full-time employees. The firm is focused on seven million tons of lithium carbonate equivalent (LCE) inferred mineral resources in Alberta and its Clearwater Lithium Project. Its Direct Lithium Extraction (DLE) ion-exchange technology utilizes a sorbent designed to be selective towards lithium ions. Its technology reduces volumes of low-grade brine into a high-grade lithium concentrate, removing all impurities. Utilizing its DLE ion-exchange technology, it develops a source of lithium that can be extracted from brine water reservoirs underlying oil and gas fields in Alberta. Its Alberta Lithium Project is a lithium brine project, which is developed on the backbone of the oil and gas industry in Alberta, Canada. Its other mineral resources include Rocky Property, Clearwater Property and Exshaw West Property. Its Clearwater Project consists of over 250,000 acres located in south-central Alberta, Canada.
