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 71.77 151 130.4 185.7 - -
Change - -69.05% 63.28% 110.34% -13.65% 42.48% - -
Enterprise Value (EV) 1 142 43.96 36.84 120.4 108.9 166.7 179.2 185.7
Change - -69.05% -16.19% 226.78% -9.5% 53.01% 7.47% 3.68%
P/E -3.19x -1.41x -2.5x -3.63x -3.36x -3.31x -5.42x -23.2x
PBR - - 2.55x 6.18x 6.41x 7.07x 49.7x -
PEG - 0x 0.2x -0.2x 0.1x -0.1x 0.1x 0.3x
Capitalization / Revenue 1,803x - - - - - 111x 3.52x
EV / Revenue 1,803x - - - - - 107x 3.52x
EV / EBITDA -4.74x -1.07x -1.25x -3x -3.18x -4.64x -8.81x -9.01x
EV / EBIT -3.67x -1.06x -1.24x -2.99x -3.17x -4.57x -4.9x -29.5x
EV / FCF -6.03x - -1.46x -4.8x -4.56x -5.35x -5.73x -2.87x
FCF Yield -16.6% - -68.5% -20.8% -21.9% -18.7% -17.4% -34.8%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.73 -0.49 -0.44 -0.51 -0.39 -0.4804 -0.2934 -0.0685
Distribution rate - - - - - - - -
Net sales 1 0.0788 - - - - - 1.667 52.75
EBITDA 1 -29.95 -41.12 -29.54 -40.11 -34.21 -35.9 -20.34 -20.62
EBIT 1 -38.66 -41.34 -29.79 -40.28 -34.32 -36.49 -36.54 -6.288
Net income 1 -31.64 -30.93 -28.13 -36.68 -33.82 -36.11 -37.94 -15.29
Net Debt 1 - - -34.93 -30.58 -21.42 -19.05 -6.594 -
Reference price 2 2.330 0.690 1.100 1.850 1.310 1.590 1.590 1.590
Nbr of stocks (in thousands) 60,954 63,703 65,247 81,603 99,514 116,823 - -
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.($)
-3.31x - -4.64x - 133M
18.83x6.63x13.18x1.58% 64.69B
30.16x8x26.2x0.05% 54.78B
36.79x6.53x19.51x0.88% 53.49B
35.59x3.45x14.87x-.--% 45.98B
49.71x5.74x31.52x-.--% 42.94B
-19.41x187.75x-20.66x-.--% 40.08B
28.93x8.21x21.27x0.37% 33.52B
27.67x5.83x15.12x-.--% 23.97B
32.59x5.97x20.28x-.--% 23.67B
Average 23.76x 26.46x 13.67x 0.32% 38.32B
Weighted average by Cap. 26.71x 25.33x 15.91x 0.43%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cardiol Therapeutics Inc.

Historical PBR trend

Valuation ratios - PBR - Cardiol Therapeutics Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cardiol Therapeutics Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cardiol Therapeutics Inc.

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