Westbridge Energy Corp (TSE:WEB)
:WEB
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Westbridge Energy
(WEB)
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Rating:43Neutral
Price Target:
C$1.00
▼(-53.70% Downside)
Action:Reiterated
Date:06/11/26
The score is weighed down primarily by weak financial performance (no revenue, ongoing losses, and negative operating/free cash flow) and a technically bearish downtrend. Low leverage and a sizable equity base provide some financial flexibility, but valuation support is limited due to negative earnings and no dividend yield data.
Positive Factors
Low leverage & sizable equity
Very low debt-to-equity (~0.03) with roughly $36M of equity versus about $0.7M debt provides durable financial flexibility. This reduces refinancing and default risk, giving management optionality to fund development, pursue partnerships, or extend runway without immediate capital markets dependence.
Negative Factors
No revenue; sustained net losses
The company reports no revenue and persistent net losses, consistent with a pre-commercial or development-stage business. Without demonstrated revenue generation, the business model and market adoption remain unproven, raising long-term execution and financing risk until commercial sales commence.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage & sizable equity
Very low debt-to-equity (~0.03) with roughly $36M of equity versus about $0.7M debt provides durable financial flexibility. This reduces refinancing and default risk, giving management optionality to fund development, pursue partnerships, or extend runway without immediate capital markets dependence.
Read all positive factors
Westbridge Energy (WEB) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$27.61M
Dividend YieldN/A
Average Volume (3M)40.68K
Price to Earnings (P/E)―
Beta (1Y)0.64
Revenue GrowthN/A
EPS Growth-163.54%
CountryCA
Employees2
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)-0.50
Shares Outstanding26,297,462
10 Day Avg. Volume32,639
30 Day Avg. Volume40,681
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)1.42
Price to Sales (P/S)0.00
P/FCF Ratio-2.97
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)5.21
Revenue Forecast (FY)N/A
Westbridge Energy Business Overview & Revenue Model
Company Description
Westbridge Energy Corporation specializes in developing and acquiring solar photovoltaic (PV) energy projects across Canada and the United States. Its primary asset is known as the Georgetown project, a 278 MWp solar PV facility spanning roughly 7...
How the Company Makes Money
null...
Westbridge Energy Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
64
Positive
Cash Flow
22
Negative
| Breakdown | Feb 2026 | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -700.41K | -147.24K | -46.90K | -8.61K |
| EBITDA | -12.80M | 61.45M | -4.30M | -2.29M | -3.65M |
| Net Income | -13.06M | 55.67M | -3.08M | -2.33M | -3.67M |
Balance Sheet | |||||
| Total Assets | 40.28M | 65.54M | 57.81M | 7.68M | 4.89M |
| Cash, Cash Equivalents and Short-Term Investments | 17.62M | 28.39M | 2.82M | 1.65M | 3.24M |
| Total Debt | 1.20M | 2.58M | 37.21M | 452.91K | 6.93K |
| Total Liabilities | 3.04M | 13.28M | 51.81M | 1.17M | 428.97K |
| Stockholders Equity | 37.11M | 52.13M | 5.77M | 6.42M | 4.36M |
Cash Flow | |||||
| Free Cash Flow | -17.71M | -18.15M | -38.40M | -4.92M | -1.75M |
| Operating Cash Flow | -8.57M | -9.12M | -2.01M | -1.54M | -426.35K |
| Investing Cash Flow | 4.57M | 89.64M | -31.19M | -3.38M | 2.94M |
| Financing Cash Flow | -6.71M | -54.92M | 34.38M | 3.32M | 732.76K |
Westbridge Energy Technical Analysis
Negative
2.16
Price Trends
1.41
Negative
1.60
Negative
1.97
Negative
Market Momentum
-0.11
Positive
31.98
Neutral
17.21
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WEB, the sentiment is Negative. The current price of 2.16 is above the 20-day moving average (MA) of 1.27, above the 50-day MA of 1.41, and above the 200-day MA of 1.97, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 31.98 is Neutral, neither overbought nor oversold. The STOCH value of 17.21 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WEB.
Westbridge Energy Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
61 Neutral | C$310.39M | 31.00 | 2.96% | 7.11% | 5.21% | ― | |
58 Neutral | C$5.93B | -42.15 | -3.45% | 6.80% | 14.34% | -157.00% | |
52 Neutral | C$3.79B | -118.36 | -2.08% | 2.62% | 9.25% | -391.03% | |
51 Neutral | C$6.40B | 27.29 | 3.63% | 4.32% | 1.84% | ― | |
43 Neutral | C$27.61M | -2.20 | -29.47% | ― | ― | -163.54% |
* Utilities Sector Average
TSE:WEB
Westbridge Energy
1.12
-1.62
-59.12%
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Westbridge Energy Corporate Events
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Westbridge Renewable Wins Shareholder Backing to Redomicile in Luxembourg and Adds Independent Directors
Positive
Apr 8, 2026
Westbridge Renewable Energy S.A., formerly Westbridge Renewable Energy Corp., develops and monetizes large-scale solar and battery energy storage projects across key markets including Canada, the U.S., the U.K. and Italy. As one of the few listed ...
Business Operations and StrategyShareholder Meetings
Westbridge Renewable to Redomicile from Canada to Luxembourg
Positive
Mar 13, 2026
Westbridge Renewable Energy plans to shift its corporate domicile from British Columbia to Luxembourg under the new name Westbridge Renewable Energy S.A., pending shareholder and regulatory approvals expected around April 8, 2026. The move is desi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.