PlasCred Circular Valuation Multiples

PlasCred Circular is valued at $22M as of September 2026. In the last FY PlasCred Circular reported revenue of - and EBITDA of ($872K).

PlasCred Circular Overview

About PlasCred Circular

PlasCred Circular Innovations Inc is a clean technology company transforming hard-to-recycle plastic waste into high-value, circular petrochemical feedstock through a proprietary, patent-pending catalytic pyrolysis process. Its product, Renewable Green Condensate (RGC), is used to manufacture virgin-grade plastic and supports compliance with Extended Producer Responsibility (EPR) regulations. PlasCred’s technology is validated at its Calgary-based pilot plant (Primus) and is being scaled at its commercial facility, Neos.


Founded

2007

HQ

Canada

Employees

N/A

Financials (FY)

Revenue: -
EBITDA: ($872K)

EV

$18M

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PlasCred Circular Financials

PlasCred Circular reported last fiscal year revenue of - and negative EBITDA of ($872K).

In the same fiscal year, PlasCred Circular generated ($872K) in EBITDA losses and had net loss of ($1M).


PlasCred Circular P&L

In the most recent fiscal year, PlasCred Circular reported revenue of - and EBITDA of ($872K).

PlasCred Circular is unprofitable as of last fiscal year, with EBITDA margin of - and net margin of -.

See analyst estimates for PlasCred Circular
Last FY202320242025202620272028
EBITDA($872K)($7M)($2M)($872K)
Net Profit($1M)($7M)($2M)($1M)
Net Debt($56K)---

Financial data powered by Morningstar, Inc.

PlasCred Circular Stock Performance

PlasCred Circular has current market cap of $22M, and enterprise value of $18M.

Market Cap Evolution


PlasCred Circular's stock price is $0.16.

PlasCred Circular has an EPS (earnings per share) of $-0.01.

See more trading valuation data for PlasCred Circular
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$18M$22M4.2%---$-0.01

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PlasCred Circular Valuation Multiples

PlasCred Circular trades at (20.7x) EV/EBITDA.

See NTM and 2027E valuation multiples for PlasCred Circular

PlasCred Circular Financial Valuation Multiples

As of September 18, 2026, PlasCred Circular has market cap of $22M and EV of $18M.

PlasCred Circular has a P/E ratio of (19.6x).

Last FY202320242025202620272028
EV/EBITDA(20.7x)(2.5x)(9.1x)(20.7x)
EV/EBIT(16.7x)(8.2x)(7.8x)(16.7x)
P/E(19.6x)(3.0x)(10.0x)(19.6x)
EV/FCF(34.4x)(11.7x)(31.7x)(34.4x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified PlasCred Circular Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

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PlasCred Circular Margins & Growth Rates

See estimated margins and future growth rates for PlasCred Circular

PlasCred Circular Growth Rates

23/2424/2526/2727/2828/29
EBITDA Growth(73%)(56%)
EBIT Growth4%(53%)
Net Profit Growth(70%)(49%)
FCF Growth(63%)(8%)

Data powered by FactSet, Inc. and Morningstar, Inc.

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PlasCred Circular Competitors

PlasCred Circular competitors include LiqTech International, The Environmental Group, Wolftank Group, NextNRG, HiPower Energy, ClearSign, Sky Quarry, De.mem, International Battery and Astrasun Solar.

Most PlasCred Circular public comparables operate across Waste & Environmental Services and Clean Technology.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
LiqTech International$17M($6M)0.9x0.8x(2.5x)-
The Environmental Group$79M($2M)0.4x0.4x(19.4x)4.6x
Wolftank Group$141M$7M0.3x0.3x6.8x5.1x
NextNRG$82M($68M)0.5x0.4x(0.6x)(2.3x)
HiPower Energy-($76K)--(333.3x)-
ClearSign$5M($6M)3.0x4.3x(2.8x)(2.4x)
Sky Quarry$12M($8M)2.4x-(3.9x)-
De.mem$21M$594K1.1x0.9x39.8x10.7x

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PlasCred Circular VC Funding History

Before going public, PlasCred Circular raised $35K in total equity funding, across 1 round.


PlasCred Circular Funding Rounds

DateStageInvestorsRaisedValuationRev. MultipleDeal Summary
Oct-24Undisclosed stageNimbus Capital$35K-PlasCred Circular Innovations issued 739,120 shares to Nimbus Capital Fund during October 2024 in its first drawdown under a growth equity agreement. Its September quarterly financial statements disclosed CAD49,000 of proceeds from this share issuance as a subsequent event. The agreement provided a mechanism for PlasCred to obtain equity financing through successive drawdowns, so the first funded amount was distinct from the substantially larger facility announced earlier in the year. PlasCred also issued warrants and shares to compensate Nimbus for its commitment under the agreement; those fee securities were separate from the cash proceeds reported for the drawdown. PlasCred develops technology for processing plastic waste in Canada, seeking to convert discarded plastic into reusable materials and other outputs. The financing supported the company’s capital requirements while it continued developing its recycling business. The filing disclosed the month of the share issuance but did not identify its precise day.

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About PlasCred Circular

When was PlasCred Circular founded?PlasCred Circular was founded in 2007.
Where is PlasCred Circular headquartered?PlasCred Circular is headquartered in Canada.
Is PlasCred Circular publicly listed?Yes, PlasCred Circular is a public company listed on Canadian Securities Exchange.
What is the stock symbol of PlasCred Circular?PlasCred Circular trades under PLAS ticker.
When did PlasCred Circular go public?PlasCred Circular went public in 2023.
Who are competitors of PlasCred Circular?PlasCred Circular main competitors include LiqTech International, The Environmental Group, Wolftank Group, NextNRG, HiPower Energy, ClearSign, Sky Quarry, De.mem, International Battery, Astrasun Solar.
What is the current market cap of PlasCred Circular?PlasCred Circular's current market cap is $22M.
Is PlasCred Circular profitable?No, PlasCred Circular is not profitable.
How many companies PlasCred Circular has acquired to date?PlasCred Circular hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies PlasCred Circular has invested to date?PlasCred Circular hasn't invested in any companies yet (or none have been disclosed publicly).

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