Tag Oil Stock Current Valuation
| TAO Stock | CAD 0.17 0.01 6.25% |
Valuation analysis of TAG Oil helps investors to measure TAG Oil's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value Over EBITDA is likely to climb to -6.55 in 2024. Enterprise Value Multiple is likely to climb to -6.55 in 2024. Fundamental drivers impacting TAG Oil's valuation include:
Price Book 0.7017 | Enterprise Value 23.2 M | Enterprise Value Ebitda (17.90) | Price Sales 66.3459 | Forward PE 3.7779 |
Fairly Valued
Today
Please note that TAG Oil's price fluctuation is out of control at this time. Calculation of the real value of TAG Oil is based on 3 months time horizon. Increasing TAG Oil's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the TAG stock is determined by what a typical buyer is willing to pay for full or partial control of TAG Oil. Since TAG Oil is currently traded on the exchange, buyers and sellers on that exchange determine the market value of TAG Stock. However, TAG Oil's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.17 | Real 0.17 | Hype 0.17 | Naive 0.14 |
The intrinsic value of TAG Oil's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence TAG Oil's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of TAG Oil helps investors to forecast how TAG stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of TAG Oil more accurately as focusing exclusively on TAG Oil's fundamentals will not take into account other important factors: TAG Oil Company Current Valuation Analysis
TAG Oil's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current TAG Oil Current Valuation | 23.2 M |
Most of TAG Oil's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TAG Oil is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
TAG Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for TAG Oil is extremely important. It helps to project a fair market value of TAG Stock properly, considering its historical fundamentals such as Current Valuation. Since TAG Oil's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TAG Oil's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TAG Oil's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, TAG Oil has a Current Valuation of 23.2 M. This is 99.94% lower than that of the Oil, Gas & Consumable Fuels sector and 99.75% lower than that of the Energy industry. The current valuation for all Canada stocks is 99.86% higher than that of the company.
TAG Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TAG Oil's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TAG Oil could also be used in its relative valuation, which is a method of valuing TAG Oil by comparing valuation metrics of similar companies.TAG Oil is currently under evaluation in current valuation category among its peers.
TAG Oil Current Valuation Drivers
We derive many important indicators used in calculating different scores of TAG Oil from analyzing TAG Oil's financial statements. These drivers represent accounts that assess TAG Oil's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of TAG Oil's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 29.9M | 24.0M | 29.4M | 59.0M | 78.3M | 56.3M | |
| Enterprise Value | (11.6M) | 8.2M | 16.6M | 40.0M | 62.1M | 43.6M |
TAG Fundamentals
| Return On Equity | -0.18 | ||||
| Return On Asset | -0.15 | ||||
| Operating Margin | (20.39) % | ||||
| Current Valuation | 23.2 M | ||||
| Shares Outstanding | 185.12 M | ||||
| Shares Owned By Insiders | 24.67 % | ||||
| Shares Owned By Institutions | 2.54 % | ||||
| Number Of Shares Shorted | 183.95 K | ||||
| Price To Book | 0.70 X | ||||
| Price To Sales | 66.35 X | ||||
| Gross Profit | (98 K) | ||||
| EBITDA | (6.52 M) | ||||
| Net Income | (3 M) | ||||
| Cash And Equivalents | 15.62 M | ||||
| Cash Per Share | 0.17 X | ||||
| Total Debt | 2.04 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 37.69 X | ||||
| Book Value Per Share | 0.24 X | ||||
| Cash Flow From Operations | (5.46 M) | ||||
| Short Ratio | 0.54 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Target Price | 1.1 | ||||
| Number Of Employees | 12 | ||||
| Beta | -0.053 | ||||
| Market Capitalization | 31.47 M | ||||
| Total Asset | 41.06 M | ||||
| Retained Earnings | (227.03 M) | ||||
| Working Capital | 21.55 M | ||||
| Current Asset | 25.84 M | ||||
| Current Liabilities | 3.73 M | ||||
| Net Asset | 41.06 M |
About TAG Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TAG Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TAG Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TAG Oil based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for TAG Stock Analysis
When running TAG Oil's price analysis, check to measure TAG Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TAG Oil is operating at the current time. Most of TAG Oil's value examination focuses on studying past and present price action to predict the probability of TAG Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TAG Oil's price. Additionally, you may evaluate how the addition of TAG Oil to your portfolios can decrease your overall portfolio volatility.