Bonterra Resources Inc. (BTR.V) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-82.6%

CA$0.02

vs CA$0.13 price

Levered DCF

CA$0.03

After debt service

Piotroski score

1 / 9

Weak

Altman Z-score

-19.29

Distress zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-1.8×	-3.42×	-3.16×	-1.05×	-4.13×	-4.92×	-5.36×	-0.69×
P/B	-16.12×	3.73×	2.74×	2.35×	4.07×	2.29×	0×	1.99×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-5.96×	-3.79×	-1.59×	-1.27×	-3.5×	-3.81×	0×	7.07×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	0.34×	1.07×	0.64×	0.99×	0.79×	2.39×	0×	0.82×
Debt / equity	0×	0×	0×	0×	0×	0.02×	0×	0.04×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	873.7%	-109.0%	-86.7%	-224.1%	-100.0%	-47.2%	0.0%	-289.3%
Return on invested capital	-78.1%	-51.8%	-83.9%	-110.7%	-97.9%	-48.8%	0.0%	17.9%
Return on assets	-77.2%	-39.4%	-28.3%	-106.4%	-68.8%	-36.8%	0.0%	-174.0%
Free cash flow yield	-17.9%	-29.5%	-19.8%	-56.8%	-26.6%	-20.3%	-13.4%	-79.8%
Earnings yield	-54.2%	-29.2%	-31.7%	-95.2%	-24.6%	-20.6%	-18.8%	-145.5%
Enterprise value	CA$32.7M	CA$31.4M	CA$21.2M	CA$29.1M	CA$125.6M	CA$88.5M	CA$0	CA$61M
Net debt / EBITDA	0.89×	0.15×	0.21×	0.32×	0.12×	0.51×	0×	-0.96×
Cash conversion cycle (days)	-528	-518	-1,964	-1,561	-1,088	-850	0	-19,256