Company Valuation: Cardiol Therapeutics Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 142 43.96 71.77 151 130.4 244.4 - -
Change - -69.05% 63.28% 110.34% -13.65% 87.46% - -
Enterprise Value (EV) 1 142 43.96 36.84 120.4 108.9 229.4 234.1 244.4
Change - -69.05% -16.19% 226.78% -9.5% 110.53% 2.07% 4.38%
P/E -3.19x -1.41x -2.5x -3.63x -3.36x -4.42x -9.12x 57.8x
PBR - - 2.55x 6.18x 6.41x 12x 22.1x -
PEG - 0x 0.2x -0.2x 0.1x -0.2x 0.2x -0x
Capitalization / Revenue 1,803x - - - - - 73.6x 6.73x
EV / Revenue 1,803x - - - - - 70.5x 6.73x
EV / EBITDA -4.74x -1.07x -1.25x -3x -3.18x -8.92x -14.7x -11.9x
EV / EBIT -3.67x -1.06x -1.24x -2.99x -3.17x -6.54x -8.71x 50.7x
EV / FCF -6.03x - -1.46x -4.8x -4.56x -11.3x -50x -
FCF Yield -16.6% - -68.5% -20.8% -21.9% -8.85% -2% -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.73 -0.49 -0.44 -0.51 -0.39 -0.48 -0.2325 0.0367
Distribution rate - - - - - - - -
Net sales 1 0.0788 - - - - - 3.321 36.32
EBITDA 1 -29.95 -41.12 -29.54 -40.11 -34.21 -25.72 -15.88 -20.62
EBIT 1 -38.66 -41.34 -29.79 -40.28 -34.32 -35.09 -26.87 4.821
Net income 1 -31.64 -30.93 -28.13 -36.68 -33.82 -35.21 -30.57 -8.68
Net Debt 1 - - -34.93 -30.58 -21.42 -15.01 -10.26 -
Reference price 2 2.330 0.690 1.100 1.850 1.310 2.120 2.120 2.120
Nbr of stocks (in thousands) 60,954 63,703 65,247 81,603 99,514 115,272 - -
Announcement Date 3/23/22 3/28/23 4/1/24 3/31/25 3/31/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-4.42x - -8.92x - 176M
33.25x5.94x17.67x0.96% 48.72B
-21.3x291.14x-21.61x-.--% 43.99B
47.03x5.44x29.75x-.--% 40.82B
31.13x3.08x13.29x-.--% 39.79B
30.74x8.86x22.27x0.38% 32.7B
33.95x5.56x25.27x-.--% 16.66B
23.2x2.03x8.81x1.16% 13.95B
76.09x4.01x15.56x-.--% 13.58B
Average 27.74x 40.76x 11.34x 0.31% 27.82B
Weighted average by Cap. 27.03x 55.59x 12.52x 0.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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