As of 2025-07-19, the Fair Value of Legible Inc (READ.CN) is -0.17 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.02 CAD, the upside of Legible Inc is -1,222.02%.
With the market price of 0.02 CAD and our fair value calculation, Legible Inc (READ.CN) is not a good investment. Investing in READ.CN stocks now will result in a potential loss of 1,222.02%.
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 | ||||||
| 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 5Y Avg | |
| Net income | -12.91 | -8.78 | -4.80 | -4.75 | -7.81 | |
| YoY growth | -1,377.72% | 31.98% | 45.37% | 1.01% | -324.84% | |
| Market Cap (mil) | 2.12 |
| P/E | |
| Forward P/E |
| EPS | -0.03 |
| Avg earnings growth rate | -324.84% |
| TTM earnings | -4.75 |