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RE Royalties Ltd (RE) Fair Value & Analysis

Utilities · CA · Market cap C$16.3M

RR RE Royalties Ltd RE · V
PriceC$0.3800
Fair ValueC$0.6500
Upside+71.1%
Quality27/100
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Expensive Growth
Thin margins · 0.0% net margin
Negative equity (buybacks among others) · negative free cash flow
5.48% dividend yield
Mixed vs. peers (3/7)
Narrow moat 30/100
Evidence: Low Range C$0.2900 – C$1.13 Share as image

Fair value as of: Jul 18, 2026

From 2 valuation models · updated 24 days ago

Share price +2.7% over the past month.

Below-average quality, screening 71% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (27/100). That raises the risk this is a value trap rather than a bargain.
  • The model range is unusually wide (C$0.2900 to C$1.13). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

C$0.9527 C$0.2112 Fair Value C$0.6500 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range C$0.2112 – C$0.9527 · fair‑value band C$0.2900 – C$1.13 · the C$0.3800 price screens below the C$0.6500 fair value. Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

RE Royalties Ltd (RE) currently trades at C$0.3800, while our model-based Fair Value estimate is C$0.6500, implying the stock looks roughly 71.1% undervalued today. The Quality Score stands at 27/100 (below-average quality), in the Utilities sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Net debt stands at C$31.9M. Fundamentals as of Jul 18, 2026

Our scenario range runs from C$0.2900 (bear case) to C$1.13 (bull case); at C$0.3800, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 16% below its 52-week high and 80% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -30% fair-value upside, at 71%, RE screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Gordon GGM C$0.2100 C$0.3500 C$0.4500 70
DDM Multi-Stage C$0.2100 C$0.3300 C$0.3800 61
All 2 models by family
Dividend Discount
Gordon GGM C$0.2100 C$0.3500 C$0.4500 70
DDM Multi-Stage C$0.2100 C$0.3300 C$0.3800 61

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Key figures & financial health

Revenue (TTM) −C$3.4M
Revenue growth (YoY) -91.8%
Return on equity -2,230%
Free cash flow −C$4.0M FY2025
Operating margin -2,264%
EPS (TTM) C$-0.2200
More key figures
Dividend yield 5.5%
EPS growth (YoY) +114%
Net debt C$31.9M FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 27/100

Of which business quality 24 · Market factors (momentum, volatility) 50

Profitability 8
Margins and returns on capital today
Quality Growth 14
Are margins and returns improving?
Cashflow 17
Earnings quality: real cash, not paper profit
Fin. Strength 10
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 48
Distance to the 52-week high (market factor)
Net Issuance 59
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

RE Royalties Ltd. engages in the acquisition of revenue-based royalties from renewable energy and clean technology companies by providing a non-dilutive royalty financing solution to privately held and publicly-traded renewable energy generation and development companies and clean energy technology companies.

Full company description

RE Royalties Ltd. engages in the acquisition of revenue-based royalties from renewable energy and clean technology companies by providing a non-dilutive royalty financing solution to privately held and publicly-traded renewable energy generation and development companies and clean energy technology companies. The company owns a portfolio of royalties on solar, wind, hydro, battery storage, energy efficiency, and renewable natural gas projects in Canada, Mexico, Chile, and the United States. The company was founded in 2016 and is based in Vancouver, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

RE Royalties Ltd reported revenue of C$6.2M in FY2025 versus C$1.9M in FY2021, a compound +34.1%/yr. Reported net income was −C$8.7M in FY2025.

Growth Quality 32/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
C$6.2M
Latest YoY
−27.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+92.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+21.3%
Avg. growth/yr (9Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+72.3%
Revenue +34.1%/yr
FY21 C$1.9M
FY22 C$868K
FY23 C$9.8M
FY24 C$8.6M
FY25 C$6.2M
Net income
FY21 −C$2.1M
FY22 −C$726K
FY23 −C$1.8M
FY24 −C$9.3M
FY25 −C$8.7M

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Cite: Fair Value Calculator (2026). "RE Royalties Ltd Fair Value". https://www.fairvalue-calculator.com/stock/RE

Peer Group

Utilities - Renewable · 221 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 27 · Bottom 25%
Fair Value upside +71% · Top 25%
Return on assets -23% · Bottom 25%
Net margin (TTM) 0% · Below median
Revenue growth -92% · Bottom 25%
Dividend yield (TTM) 5.5% · Top 25%

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 12
FUTURE 0 · sector 0
PAST 0 · sector 12
HEALTH 100 · sector 68
DIVIDEND 100 · sector 44

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥27.99 ¥25.13 -10%
Ørsted A/S ORSTED kr 149.70 kr 31.40 -79%
Huaneng Lancang River Hydropower Inc 600025 ¥9.81 ¥5.57 -43%
Adani Green Energy Limited ADANIGREEN ₹1,537 ₹170.50 -89%
AXIA Energia SA AXIAP $10.74 $9.65 -10%
VERBUND AG OEWA €58.65 €66.19 +13%
BEP BEP $32.33 $73.35 +127%
BEPUN BEPUN C$44.56 C$10.15 -77%
Fortum Oyj FORTUM €19.89 €13.90 -30%
China Longyuan Power Group 001289 ¥16.21 ¥8.23 -49%

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Frequently asked questions

Is RE Royalties Ltd (RE) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of C$0.6500 versus a price of C$0.3800, about +71% (undervalued).
What is the fair value of RE?
Our model-based fair value for RE Royalties Ltd is C$0.6500 (as of Jul 18, 2026), built from audited fundamentals. The current price is C$0.3800.
What is the quality score of RE?
RE Royalties Ltd has a Quality Score of 27/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the net profit margin of RE?
The net profit margin of RE Royalties Ltd is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
Does RE Royalties Ltd pay a dividend?
RE Royalties Ltd currently shows a dividend yield of about 5.48% relative to its recent price (as of Jul 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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