ERD.TO

Erdene Resource Development Corp

Price:

0.41

CAD

Volume:

84,420.00

Canada | Metals & Mining

-103.61 %

Upside

As of 2024-08-06, the Fair Value of Erdene Resource Development Corp (ERD.TO) is -0.01 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.41 CAD, the upside of Erdene Resource Development Corp is -103.61%.

Note: valuation result may not be accurate due to the company's negative EPS.

0.41 CAD

Stock Price

-0.01 CAD

Fair Price

Peter Lynch's formula is:

ERD.TO Fair Value

= Earnings Growth Rate x TTM EPS
ERD.TO Fair Value

= 5.00 x -0.00
ERD.TO Fair Value

= -0.01
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 | ||||||

2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |

Net income | -2.68 | -13.12 | -5.57 | -5.99 | 0.52 | -5.37 |

YoY growth | 26.78% | -389.55% | 57.55% | -7.54% | 108.72% | -40.81% |

Market Cap (mil) | 141.11 |

P/E | |

Forward P/E | 262.44x |

EPS | -0.00 |

Avg earnings growth rate | -40.81% |

TTM earnings | -1.02 |