McChip Resources Inc. (MCS.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

+38.7%

CA$0.82

vs CA$0.59 price

Levered DCF

CA$0.83

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

4.52

Safe zone

Rating

Overall 4 / 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	1.75×	0.74×	3.78×	-7.37×	1.81×	1.01×	5.3×	-8.16×
P/B	0.45×	0.21×	0.26×	0.34×	0.26×	0.25×	0.31×	0.49×
P/S	-490.38×	1.69×	4.43×	4.93×	3.25×	3.47×	1.74×	11.01×
EV / EBITDA	-0.62×	7.89×	-10.38×	-22.64×	-15.92×	-20.94×	6.26×	-6.9×
Gross margin	237.4%	97.9%	94.3%	97.5%	97.8%	99.8%	100.0%	100.0%
Operating margin	17187.4%	32.6%	-75.6%	-29.4%	-25.4%	-18.4%	38.7%	-154.0%
Net margin	-27764.6%	225.8%	117.2%	-66.9%	177.6%	338.8%	32.8%	-135.0%
Current ratio	28.44×	5.7×	4.5×	5.08×	8.21×	8.54×	4.55×	6.86×
Debt / equity	0×	0.17×	0.22×	0.19×	0.1×	0.09×	0.2×	0.09×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	0×
Dividend yield	0.0%	23.4%	16.1%	8.3%	10.0%	6.2%	9.6%	21.0%
Payout ratio	0.0%	17.5%	60.8%	-61.0%	18.3%	6.3%	51.0%	-171.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	25.4%	27.6%	6.8%	-4.7%	14.3%	24.3%	5.9%	-6.0%
Return on invested capital	-14.4%	3.3%	-3.6%	-1.7%	-1.9%	-1.2%	5.2%	-4.3%
Return on assets	24.1%	22.9%	5.4%	-3.8%	12.8%	21.9%	4.8%	-5.3%
Free cash flow yield	-19.9%	9.5%	-7.0%	5.1%	5.4%	1.9%	6.4%	-5.7%
Earnings yield	56.6%	133.7%	26.4%	-13.6%	54.6%	97.6%	18.9%	-12.3%
Enterprise value	CA$1.4M	CA$3.6M	CA$3.5M	CA$3.4M	CA$2.6M	CA$2M	CA$2.5M	CA$2.6M
Net debt / EBITDA	2.25×	3.02×	-4.03×	-4.3×	-1.9×	-1.86×	1.77×	0.25×
Cash conversion cycle (days)	-15,926	-3,226	-3,242	-5,227	-4,114	-55,980	192	797