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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery, waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Comment by fdfd12on Apr 13, 2021 3:36pm
145 Views
Post# 32986839

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Share price

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Share priceSHOP is tech and so is PYR.
That is the same industry.
Also they have high growth reates so yes, you can compare.

How are you supposed to find another plasma torch company so you can compare PYR to?
Come on get real.

Look what you said, SHOP market cap of $1.6B-$1.8B and revenue of $200M
PYR market cap of $1.4M and revenue of $20M.
If the great SHOP has a market cap nearly the same as PYR back then, then Peter
better deliver some torches fast.

Unfortunately, PYR's price is still overvalued at this level.


LastZaz wrote: How are you trying to compare share price without looking at the market cap and/or outstanding shares? From what I saw, in 2015 SHOP had a market cap of close to $1.6 - $1.8 billion with revenues of U$200 million in 2015. 

PYR has a backlog of revenues in the $30+ million range iirc and has paradigm shifting technology in an economic environment that is increasingly seeking environmentally friendly industrial solutions.

So that brings to me to my next point - how are you trying to compare valuations in companies that don't even do the same thing and aren't even in the same realm? This is a mistake people who aren't in finance often make. You need to compare to peers to make a proper relative valuation and assessment. Otherwise your comparison is quite frankly useless, as it doesn't account for the differences in industry and the risks associated in each.

At the end of the day, PYR is one of a kind company, and its valuation is - like most growth tech companies - based on its foreseeable growth potential alongside its current results and financial position. Ultimately, the concept of valuation based on market cap is an imperfect science, so to try to prove a point with this simple math is a fruitless endeavor, that may misdirect or confuse investors. 

I am an accountant with a specialty in finance. You are comparing apples and oranges here. 




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