Company Valuation: Volt Carbon Technologies Inc.

Data adjusted to current consolidation scope
Fiscal Period: October 2020 2021 2022 2023 2024 2025
Capitalization 1 2.095 22.64 19.94 13.44 5.048 12.26
Change - 980.89% -11.95% -32.57% -62.46% 142.88%
Enterprise Value (EV) 1 2.25 24.06 21.51 14.6 5.964 12.98
Change - 969.55% -10.6% -32.13% -59.15% 117.69%
P/E ratio -0.47x -8.89x -7.4x -8.12x -2.62x -8.03x
PBR -4.12x 14.9x 10.6x 5.81x 2.37x 4.82x
PEG - 0.1x 0.7x 0.2x -0.8x 0.2x
Capitalization / Revenue 122x - - 538x 66.8x 349x
EV / Revenue 131x - - 584x 78.9x 370x
EV / EBITDA -3.9x -12.4x -9.8x -9.52x -4.31x -13.8x
EV / EBIT -0.6x -11.9x -9.29x -8.63x -3.2x -10.9x
EV / FCF 1.49x -21.4x -14.4x -15.8x -9.66x -16.1x
FCF Yield 67.1% -4.67% -6.93% -6.31% -10.4% -6.2%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0532 -0.0197 -0.0176 -0.009231 -0.009535 -0.005602
Distribution rate - - - - - -
Net sales 1 0.0172 - - 0.025 0.0755 0.0351
EBITDA 1 -0.5774 -1.944 -2.195 -1.534 -1.382 -0.9403
EBIT 1 -3.754 -2.021 -2.316 -1.692 -1.861 -1.196
Net income 1 -4.061 -2.074 -2.556 -1.59 -1.84 -1.37
Net Debt 1 0.1546 1.416 1.57 1.153 0.9157 0.7222
Reference price 2 0.0250 0.1750 0.1300 0.0750 0.0250 0.0450
Nbr of stocks (in thousands) 83,798 129,394 153,378 179,266 201,912 272,446
Announcement Date 01/03/21 28/02/22 27/02/23 27/02/24 27/02/25 28/02/26
1CAD in Million2CAD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 10.94M
16.5x3.9x6.99x3.6% 211B
12.1x2.96x6.37x4.84% 173B
13.23x4.04x6.95x3.91% 89.62B
13.8x0.43x6.16x2.67% 88.27B
16.9x6.25x13.96x0.05% 63.1B
28.34x2.89x7.5x1.89% 52.49B
12.16x4.32x6.23x4.3% 31.52B
16.55x3.06x6.58x0.64% 29.04B
20.01x6.77x12.49x3.24% 27.6B
Average 16.62x 3.85x 8.14x 2.79% 76.62B
Weighted average by Cap. 15.61x 3.52x 7.51x 3.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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