RE Relative Valuation - RE Royalties Ltd

Watchlist Manager

Watchlist

Price: 0.375 CAD -3.85% Market Closed

Market Cap: CA$16.3m

	RE Royalties Ltd XTSX:RE	CA
S	Starbucks Corp XETRA:SRB	US

Relative Value

The Relative Value of one RE stock under the Base Case scenario is 0.708 CAD. Compared to the current market price of 0.375 CAD, RE Royalties Ltd is Undervalued by 47%.

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.

What is Relative Valuation?

How is Relative Value calculated?

RE Relative Value

Base Case

Undervaluation 47%

Relative Value

Price

Worst Case

Base Case

Best Case

Valuation Multiples

View Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
CA		RE Royalties Ltd XTSX:RE	16.3m CAD	2.2	-1.6	10.7	19.7
CN		China Yangtze Power Co Ltd SSE:600900	663.1B CNY	7.9	20.3	19.6	19.6
ID	B	Barito Renewables Energy PT Tbk IDX:BREN	762.6T IDR	74	318	106.4	106.4
CN		Huaneng Lancang River Hydropower Inc SSE:600025	184.5B CNY	7.1	22.3	21.8	21.8
CN		China Longyuan Power Group Corp Ltd HKEX:916	171.1B HKD	4.6	28.1	24.5	24.5
CN		China Three Gorges Renewables Group Co Ltd SSE:600905	126.9B CNY	4.3	23.8	34.1	34.1
ES	E	EDP Renovaveis SA ELI:EDPR	13.6B EUR	3.7	-23.6	55.8	55.8
RO		Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA F:E28	13.1B EUR	8.1	22.1	15.1	19.2
IN		Adani Green Energy Ltd NSE:ADANIGREEN	1.4T INR	11.3	94.5	21.1	29.8
CN		Sichuan Chuantou Energy Co Ltd SSE:600674	75.2B CNY	45.2	17.5	176.7	176.7
BM		Brookfield Renewable Partners LP TSX:BEP.UN	12.8B CAD	1.5	-132.7	9.9	31.9

				Revenue Growth	P/S to Growth
CA		RE Royalties Ltd XTSX:RE	Average P/S: 15.4 2.2	N/A	N/A
CN		China Yangtze Power Co Ltd SSE:600900	7.9	2%	4
ID	B	Barito Renewables Energy PT Tbk IDX:BREN	74	N/A	N/A
CN		Huaneng Lancang River Hydropower Inc SSE:600025	7.1	5%	1.4
CN		China Longyuan Power Group Corp Ltd HKEX:916	4.6	6%	0.8
CN		China Three Gorges Renewables Group Co Ltd SSE:600905	4.3	9%	0.5
ES	E	EDP Renovaveis SA ELI:EDPR	3.7	7%	0.5
RO		Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA F:E28	8.1	5%	1.6
IN		Adani Green Energy Ltd NSE:ADANIGREEN	11.3	27%	0.4
CN		Sichuan Chuantou Energy Co Ltd SSE:600674	45.2	8%	5.7
BM		Brookfield Renewable Partners LP TSX:BEP.UN	1.5	11%	0.1

				Earnings Growth	PEG
CA		RE Royalties Ltd XTSX:RE	Average P/E: 68.3 Negative Multiple: -1.6	N/A	N/A
CN		China Yangtze Power Co Ltd SSE:600900	20.3	5%	4.1
ID	B	Barito Renewables Energy PT Tbk IDX:BREN	318	N/A	N/A
CN		Huaneng Lancang River Hydropower Inc SSE:600025	22.3	7%	3.2
CN		China Longyuan Power Group Corp Ltd HKEX:916	28.1	6%	4.7
CN		China Three Gorges Renewables Group Co Ltd SSE:600905	23.8	8%	3
ES	E	EDP Renovaveis SA ELI:EDPR	Negative Multiple: -23.6	N/A	N/A
RO		Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA F:E28	22.1	2%	11.1
IN		Adani Green Energy Ltd NSE:ADANIGREEN	94.5	49%	1.9
CN		Sichuan Chuantou Energy Co Ltd SSE:600674	17.5	5%	3.5
BM		Brookfield Renewable Partners LP TSX:BEP.UN	Negative Multiple: -132.7	N/A	N/A

				EBITDA Growth	EV/EBITDA to Growth
CA		RE Royalties Ltd XTSX:RE	Average EV/EBITDA: 45.1 10.7	N/A	N/A
CN		China Yangtze Power Co Ltd SSE:600900	19.6	16%	1.2
ID	B	Barito Renewables Energy PT Tbk IDX:BREN	106.4	N/A	N/A
CN		Huaneng Lancang River Hydropower Inc SSE:600025	21.8	21%	1
CN		China Longyuan Power Group Corp Ltd HKEX:916	24.5	5%	4.9
CN		China Three Gorges Renewables Group Co Ltd SSE:600905	34.1	36%	0.9
ES	E	EDP Renovaveis SA ELI:EDPR	55.8	62%	0.9
RO		Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA F:E28	15.1	4%	3.8
IN		Adani Green Energy Ltd NSE:ADANIGREEN	21.1	30%	0.7
CN		Sichuan Chuantou Energy Co Ltd SSE:600674	176.7	107%	1.7
BM		Brookfield Renewable Partners LP TSX:BEP.UN	9.9	5%	2

				EBIT Growth	EV/EBIT to Growth
CA		RE Royalties Ltd XTSX:RE	Average EV/EBIT: 49.1 19.7	N/A	N/A
CN		China Yangtze Power Co Ltd SSE:600900	19.6	4%	4.9
ID	B	Barito Renewables Energy PT Tbk IDX:BREN	106.4	N/A	N/A
CN		Huaneng Lancang River Hydropower Inc SSE:600025	21.8	3%	7.3
CN		China Longyuan Power Group Corp Ltd HKEX:916	24.5	3%	8.2
CN		China Three Gorges Renewables Group Co Ltd SSE:600905	34.1	3%	11.4
ES	E	EDP Renovaveis SA ELI:EDPR	55.8	33%	1.7
RO		Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA F:E28	19.2	4%	4.8
IN		Adani Green Energy Ltd NSE:ADANIGREEN	29.8	33%	0.9
CN		Sichuan Chuantou Energy Co Ltd SSE:600674	176.7	-11%	N/A
BM		Brookfield Renewable Partners LP TSX:BEP.UN	31.9	41%	0.8

RE Royalties Ltd
XTSX:RE

Relative Value

Valuation Multiples

Multiples Across Competitors

RE Competitors Multiples
RE Royalties Ltd Competitors

See Also

Company

Help

Tools

Stocks

RE Royalties Ltd XTSX:RE

Relative Value

Valuation Multiples

Multiples Across Competitors

RE Competitors Multiples RE Royalties Ltd Competitors

See Also

Company

Help

Tools

Stocks

RE Royalties Ltd
XTSX:RE

RE Competitors Multiples
RE Royalties Ltd Competitors