As of 2024-12-14, 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 0.61 CAD, the upside of Erdene Resource Development Corp is -102.01%.
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) | 215.11 |
P/E | |
Forward P/E | 400.06x |
EPS | -0.00 |
Avg earnings growth rate | -40.81% |
TTM earnings | -0.87 |