AKT.A.TO
AKITA Drilling Ltd
Price:  
1.45 
CAD
Volume:  
11,855.00
Canada | Energy Equipment & Services
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AKT.A.TO Fair Value

157.67 %
Upside

As of 2024-03-01, the Fair Value of AKITA Drilling Ltd (AKT.A.TO) is 3.74 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 1.45 CAD, the upside of AKITA Drilling Ltd is 157.67%.

1.45 CAD
Stock Price
3.74 CAD
Fair Price
FAIR VALUE CALCULATION

AKT.A.TO Fair Value

Peter Lynch's formula is:

AKT.A.TO Fair Value
= Earnings Growth Rate x TTM EPS
AKT.A.TO Fair Value
= 5.00 x 0.75
AKT.A.TO Fair Value
= 3.74

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2018-12-31 2019-12-31 2020-12-31 2021-12-31 2022-12-31 5Y Avg
Net income -15.90 -19.90 -93.30 -20.99 4.29 -29.16
YoY growth 59.44% -25.16% -368.84% 77.50% 120.43% -27.33%

AKT.A.TO Fair Value - Key Data

Market Cap (mil) 55.09
P/E 1.94x
Forward P/E 15.32x
EPS 0.75
Avg earnings growth rate -27.33%
TTM earnings 28.39