Thor Explorations Stock Book Value Per Share

THX Stock  CAD 0.30  0.02  7.14%   
Thor Explorations fundamentals help investors to digest information that contributes to Thor Explorations' financial success or failures. It also enables traders to predict the movement of Thor Stock. The fundamental analysis module provides a way to measure Thor Explorations' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thor Explorations stock.
Last ReportedProjected for Next Year
Book Value Per Share 0.23  0.24 
Tangible Book Value Per Share 0.18  0.19 
Book Value Per Share is likely to climb to 0.24 in 2024. Tangible Book Value Per Share is likely to climb to 0.19 in 2024.
  
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Thor Explorations Company Book Value Per Share Analysis

Thor Explorations' Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Thor Explorations Book Value Per Share

    
  0.23 X  
Most of Thor Explorations' fundamental indicators, such as Book Value Per Share, 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, Thor Explorations is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Thor Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Thor Explorations is extremely important. It helps to project a fair market value of Thor Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Thor Explorations' 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 Thor Explorations' 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 Thor Explorations' interrelated accounts and indicators.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

Thor Common Stock Shares Outstanding

Common Stock Shares Outstanding

687.96 Million

At this time, Thor Explorations' Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of Thor Explorations is about 0.228 times. This is 99.95% lower than that of the Metals & Mining sector and 96.4% lower than that of the Materials industry. The book value per share for all Canada stocks is 99.99% higher than that of the company.

Thor Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thor Explorations' direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thor Explorations could also be used in its relative valuation, which is a method of valuing Thor Explorations by comparing valuation metrics of similar companies.
Thor Explorations is currently under evaluation in book value per share category among its peers.

Thor Explorations Current Valuation Drivers

We derive many important indicators used in calculating different scores of Thor Explorations from analyzing Thor Explorations' financial statements. These drivers represent accounts that assess Thor Explorations' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Thor Explorations' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap56.5M98.9M150.1M118.4M156.2M164.0M
Enterprise Value51.2M91.3M240.0M155.3M163.2M171.4M

Thor Fundamentals

About Thor Explorations Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Thor Explorations's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thor Explorations using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thor Explorations 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Thor Stock Analysis

When running Thor Explorations' price analysis, check to measure Thor Explorations' 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 Thor Explorations is operating at the current time. Most of Thor Explorations' value examination focuses on studying past and present price action to predict the probability of Thor Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Explorations' price. Additionally, you may evaluate how the addition of Thor Explorations to your portfolios can decrease your overall portfolio volatility.