Cartier Silver Corporation (CFE.CN) 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

-83.1%

CA$0.02

vs CA$0.10 price

Levered DCF

CA$0.03

After debt service

Piotroski score

1 / 9

Weak

Altman Z-score

9.35

Safe 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	4.48×	-0.98×	-1.75×	-4.59×	3.24×	-22.06×	-3.47×	-7.81×
P/B	1.61×	2.18×	2.65×	2.07×	0.89×	4.41×	3.04×	6.74×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-6×	-4×	-4.43×	-4.25×	-2.45×	-15×	-3.83×	-41.23×
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	2.04×	0.57×	0.2×	2.52×	1.58×	1.64×	0.15×	0.22×
Debt / equity	0.01×	0.06×	0.03×	0.02×	0×	0.04×	0.12×	0×
Interest coverage	-427.35×	-145.19×	-279.44×	-362.13×	-2,819.97×	-144.79×	-89.88×	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	36.0%	-222.2%	-152.8%	-43.8%	28.0%	-20.0%	-87.8%	-86.3%
Return on invested capital	-23.7%	-51.2%	-58.5%	-41.2%	-27.1%	-21.5%	-72.5%	-81.5%
Return on assets	32.2%	-182.6%	-129.9%	-38.4%	24.6%	-15.0%	-38.5%	-43.7%
Free cash flow yield	-6.1%	-27.8%	-29.1%	-14.5%	-22.7%	-12.5%	-19.2%	-22.1%
Earnings yield	22.3%	-102.1%	-57.7%	-21.2%	31.5%	-4.5%	-28.9%	-12.8%
Enterprise value	CA$11.7M	CA$4.3M	CA$12.5M	CA$19.2M	CA$10M	CA$8.9M	CA$2.2M	CA$5M
Net debt / EBITDA	0.93×	0×	-0.04×	0.66×	0.63×	1.45×	-0.12×	0.15×
Cash conversion cycle (days)	-6,897	-2,462	-3,617	-9,720	-11,734	-5,456	-6,123	0