Atha Energy Corp. (SASK.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

-98.7%

CA$0.01

vs CA$0.84 price

Levered DCF

CA$0.01

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

3.1

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
P/E	-21.48×	-11.16×	-11.6×	-166.67×	-794.12×
P/B	0.83×	0.61×	1.43×	21.51×	-1,999.27×
P/S	0×	0×	108.63×	0×	0×
EV / EBITDA	-22.08×	-15.6×	-6.62×	-128.33×	0×
Gross margin	0.0%	0.0%	97.4%	0.0%	0.0%
Operating margin	0.0%	0.0%	-1198.4%	0.0%	0.0%
Net margin	0.0%	0.0%	-1208.2%	0.0%	0.0%
Current ratio	2.34×	6.1×	6.59×	1.2×	0.22×
Debt / equity	0×	0×	0×	0×	0×
Interest coverage	-187.32×	-383.1×	0×	0×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	-3.8%	-5.5%	-15.9%	-12.9%	246.1%
Return on invested capital	-3.7%	-6.3%	-14.9%	-12.9%	129.7%
Return on assets	-3.7%	-5.3%	-14.1%	-2.5%	-894.3%
Free cash flow yield	-2.7%	-32.6%	-17.9%	-0.2%	-0.0%
Earnings yield	-4.7%	-9.0%	-11.1%	-0.6%	-0.1%
Enterprise value	CA$176.9M	CA$119.7M	CA$92.3M	CA$130.5M	CA$171.2M
Net debt / EBITDA	0.4×	0.98×	2.39×	40.04×	0×
Cash conversion cycle (days)	-1,350	-2,751	-23,141	-9,410	0