Manning Ventures Inc. (MANN.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

-256.6%

-CA$0.16

vs CA$0.10 price

Levered DCF

CA$0.01

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

-88.33

Distress zone

Rating

—

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	-0.36×	-0.23×	-0.61×	-3.42×	-2.33×	-22.39×	-6.41×	-27.97×
P/B	-0.8×	8.28×	0.17×	0.42×	0.49×	4.9×	1.9×	2.02×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-0.38×	-1.54×	0.13×	-3.12×	-1.4×	-19×	-4.41×	0×
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	0.05×	1.09×	2.46×	3.19×	5.37×	7.46×	10.07×	23.52×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	0×	-104.17×	0×	-1.86×	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	221.4%	-3605.1%	-27.7%	-12.3%	-21.3%	-21.9%	-29.7%	-7.2%
Return on invested capital	168.3%	-467.7%	-19.8%	-9.8%	-19.7%	-22.1%	-29.7%	-7.2%
Return on assets	-4004.9%	-807.0%	-25.4%	-11.8%	-20.2%	-19.9%	-27.3%	-6.9%
Free cash flow yield	-55.8%	-65.5%	-141.5%	-28.9%	-33.3%	-5.1%	-14.7%	-3.0%
Earnings yield	-277.7%	-435.5%	-164.7%	-29.3%	-43.2%	-4.5%	-15.6%	-3.6%
Enterprise value	CA$543K	CA$1.5M	-CA$207.2K	CA$2.3M	CA$2M	CA$2.3M	CA$605.3K	CA$340.6K
Net debt / EBITDA	0.03×	0.37×	0.98×	1.37×	1.41×	3.39×	3.99×	0×
Cash conversion cycle (days)	0	0	0	0	0	0	0	0