As of 2024-07-27, 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 -103.57%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
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) | 142.86 |
| P/E | |
| Forward P/E | 265.68x |
| EPS | -0.00 |
| Avg earnings growth rate | -40.81% |
| TTM earnings | -1.02 |