Logan Energy Corp. (LGN.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

-509.5%

-CA$6.14

vs CA$1.50 price

Levered DCF

-CA$4.39

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

2.83

Grey zone

Rating

Overall 3 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022
P/E	13.41×	74.47×	-7.27×	6.15×
P/B	1.59×	1.23×	1.41×	2.6×
P/S	3.09×	2.98×	3.38×	1.95×
EV / EBITDA	6.52×	6.82×	-47.15×	4.07×
Gross margin	31.2%	55.1%	-7.8%	69.2%
Operating margin	18.5%	3.6%	-45.6%	30.6%
Net margin	23.1%	4.0%	-46.5%	30.8%
Current ratio	0.88×	0.39×	2.51×	1.03×
Debt / equity	0.34×	0×	0×	0×
Interest coverage	4.42×	4.26×	-368.7×	2,056.95×
Dividend yield	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022
Return on equity	11.9%	1.7%	-19.4%	41.1%
Return on invested capital	4.9%	0.8%	-16.0%	31.6%
Return on assets	7.3%	1.2%	-14.4%	29.9%
Free cash flow yield	-16.6%	-47.6%	-25.2%	23.8%
Earnings yield	7.5%	1.3%	-13.8%	15.8%
Enterprise value	CA$614.6M	CA$340.4M	CA$192M	CA$249.9M
Net debt / EBITDA	1.15×	0.02×	13.22×	0.01×
Cash conversion cycle (days)	-56	-254	-51	-56