Company Valuation: ARC Resources Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 8,035 11,421 11,817 15,438 14,745 17,316 - -
Change - 42.15% 3.47% 30.64% -4.49% 17.43% - -
Enterprise Value (EV) 1 9,863 12,723 13,134 16,774 17,611 19,843 19,598 18,518
Change - 28.99% 3.24% 27.71% 4.99% 12.67% -1.23% -5.51%
P/E ratio 9.2x 5.26x 7.54x 13.9x 11.8x 9.64x 11x 10.4x
PBR - - - 1.93x 1.78x 1.8x 1.61x 1.48x
PEG - 0x -0.3x -0.5x 0.7x 0.2x -0.9x 1.63x
Capitalization / Revenue 1.76x 1.68x 2.59x 3.77x 2.41x 2.41x 2.63x 2.54x
EV / Revenue 2.16x 1.88x 2.88x 4.09x 2.88x 2.77x 2.98x 2.72x
EV / EBITDA 4.53x 2.9x 4.24x 6.47x 5.27x 4.83x 5.12x 4.95x
EV / EBIT 8.87x 4.27x 7.77x 23.8x 29.7x 7.99x 8.96x 9.54x
EV / FCF 7.29x 5.6x 11x 26.8x 13.7x 11x 13x 13.6x
FCF Yield 13.7% 17.8% 9.12% 3.74% 7.29% 9.12% 7.68% 7.34%
Dividend per Share 2 0.286 0.49 0.66 0.7 0.78 0.842 0.8606 0.9167
Rate of return 2.49% 2.68% 3.36% 2.69% 3.03% 2.75% 2.81% 3%
EPS 2 1.25 3.47 2.61 1.88 2.19 3.173 2.767 2.944
Distribution rate 22.9% 14.1% 25.3% 37.2% 35.6% 26.5% 31.1% 31.1%
Net sales 1 4,573 6,781 4,566 4,099 6,107 7,171 6,574 6,813
EBITDA 1 2,175 4,393 3,096 2,592 3,342 4,106 3,830 3,743
EBIT 1 1,112 2,978 1,690 706 592.7 2,485 2,188 1,941
Net income 1 786.6 2,302 1,596 1,124 1,275 1,769 1,621 1,434
Net Debt 1 1,829 1,302 1,317 1,336 2,866 2,527 2,282 1,202
Reference price 2 11.50 18.25 19.67 26.07 25.75 30.58 30.58 30.58
Nbr of stocks (in thousands) 698,660 625,814 600,775 592,192 572,621 566,243 - -
Announcement Date 2/10/22 2/9/23 2/8/24 2/6/25 2/5/26 - - -
1CAD in Million2CAD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.64x2.77x4.83x2.75% 12.65B
6.51x1.83x2.94x6.89% 166B
13.26x2.26x5.06x2.98% 139B
10.67x3.04x5.75x4.09% 92.54B
7.93x2.56x4.37x3.18% 69.26B
8.6x2.41x3.87x1.93% 52.75B
11.14x3.52x4.89x2.3% 53.08B
9.39x1.32x4.76x2.22% 53.1B
8.25x2.75x4.79x2.65% 52.59B
11.52x3.2x4.64x6.89% 41.37B
Average 9.69x 2.57x 4.59x 3.59% 73.25B
Weighted average by Cap. 9.60x 2.42x 4.44x 4.04%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. ARX Stock
  4. Valuation ARC Resources Ltd.