ECOR Relative Valuation - Ecora Resources PLC - Alpha Spread

Ecora Resources PLC
TSX:ECOR

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Ecora Resources PLC
TSX:ECOR
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Price: 1.21 CAD -0.82% Market Closed
Market Cap: 300.6m CAD
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Relative Value

The Relative Value of one ECOR stock under the Base Case scenario is 1.26 CAD. Compared to the current market price of 1.21 CAD, Ecora Resources PLC is Undervalued by 4%.

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.

ECOR Relative Value
Base Case
1.26 CAD
Undervaluation 4%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
74
vs Industry
40
Median 3Y
3.8
Median 5Y
4.8
Industry
1.7
Forward
3.4
vs History
19
vs Industry
0
Median 3Y
4.6
Median 5Y
4.6
Industry
15.4
Forward
8
vs History
39
vs Industry
20
Median 3Y
7.3
Median 5Y
7.4
Industry
8.8
vs History
36
vs Industry
14
Median 3Y
-3.2
Median 5Y
7.9
Industry
14.4
vs History
95
vs Industry
73
Median 3Y
0.9
Median 5Y
1
Industry
1.4
vs History
68
vs Industry
37
Median 3Y
4.8
Median 5Y
5.7
Industry
2.1
Forward
4.8
vs History
60
vs Industry
47
Median 3Y
4.8
Median 5Y
5.9
Industry
7
vs History
66
vs Industry
22
Median 3Y
5.8
Median 5Y
6.9
Industry
9.9
Forward
5.8
vs History
65
vs Industry
21
Median 3Y
6.5
Median 5Y
7.9
Industry
12.7
Forward
7.6
vs History
23
vs Industry
19
Median 3Y
8.9
Median 5Y
8.7
Industry
10.1
vs History
vs Industry
Median 3Y
-3.3
Median 5Y
-2.7
Industry
12.9
vs History
93
vs Industry
70
Median 3Y
0.7
Median 5Y
0.9
Industry
1.2

Multiples Across Competitors

ECOR Competitors Multiples
Ecora Resources PLC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
Ecora Resources PLC
TSX:ECOR
300.8m CAD 3.2 11.2 5.5 6.2
ZA
Kumba Iron Ore Ltd
JSE:KIO
109.7B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
248.7B BRL 1.2 5.1 3.3 4
AU
Fortescue Ltd
XMUN:FVJ
33.2B EUR 2 6.5 4.4 4.4
AU
Fortescue Metals Group Ltd
ASX:FMG
54.3B AUD 2 6.5 4.4 4.4
US
Nucor Corp
NYSE:NUE
35.4B USD 1.1 10.4 6.1 7.7
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.4T INR 1.3 32.3 10.9 15.7
IN
Tata Steel Ltd
NSE:TATASTEEL
1.9T INR 0.8 -46.4 10 17.2
KR
Posco Holdings Inc
KRX:005490
28.6T KRW 0.4 21.1 4.7 11.1
JP
Nippon Steel Corp
TSE:5401
2.9T JPY 0.3 5.4 5.1 8.4
LU
ArcelorMittal SA
NYSE:MT
20B USD 0.3 -33.5 8.5 -356.6

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