Is OIL.CN a good investment?
As of 2025-03-19, the Fair Value of Permex Petroleum Corp (OIL.CN) is -46.06 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 3.10 CAD, the upside of Permex Petroleum Corp is -1,585.67%. This means that OIL.CN is not a good investment.
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 | ||||||
| 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 5Y Avg | |
| Net income | -1.23 | -1.25 | -2.71 | -3.94 | -3.99 | -2.63 |
| YoY growth | -39.09% | -1.79% | -116.61% | -45.14% | -1.25% | -40.78% |
| Market Cap (mil) | 1.71 |
| P/E | |
| Forward P/E |
| EPS | -9.21 |
| Avg earnings growth rate | -40.78% |
| TTM earnings | -5.07 |