Company Valuation: Athabasca Oil Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 631.7 1,413 2,410 2,794 3,400 5,227 - -
Change - 123.75% 70.52% 15.9% 21.72% 53.72% - -
Enterprise Value (EV) 1 792.9 1,422 2,247 2,645 3,282 5,110 4,971 5,099
Change - 79.34% 57.99% 17.71% 24.1% 55.72% -2.73% 2.58%
P/E 1.42x - -46.3x 6.27x 14.3x 19.4x 13.2x -
PBR - - - - - - - -
PEG - - - -0x -0.3x 1.4x 0.3x -
Capitalization / Revenue 0.62x - 1.86x 1.86x 2.4x 3.12x 2.47x -
EV / Revenue 0.78x - 1.73x 1.76x 2.31x 3.05x 2.35x -
EV / EBITDA 2.22x 2.94x 6.39x 4.07x 6.38x 9.42x 6.73x 7.48x
EV / EBIT - - - - - - - -
EV / FCF 8.79x 8.46x 14.5x 9.03x 18.1x 34.6x 15.6x 23.4x
FCF Yield 11.4% 11.8% 6.92% 11.1% 5.53% 2.89% 6.42% 4.28%
Dividend per Share 2 - - - - - 0.73 0.73 -
Rate of return - - - - - 6.72% 6.72% -
EPS 2 0.84 - -0.09 0.85 0.49 0.56 0.82 -
Distribution rate - - - - - 130% 89% -
Net sales 1 1,014 - 1,295 1,503 1,419 1,673 2,115 -
EBITDA 1 356.4 483.2 351.5 650.1 514.4 542.4 738.6 681.3
EBIT 257.8 - - - - - - -
Net income 1 - - - 467.7 245.1 272 379 -
Net Debt 1 161.2 8.608 -163.6 -149 -118.5 -116.7 -256.4 -128
Reference price 2 1.19 2.41 4.17 5.33 7.03 10.86 10.86 10.86
Nbr of stocks (in thousands) 530,845 586,489 577,994 524,119 483,685 481,300 - -
Announcement Date 3/2/22 3/1/23 2/29/24 3/6/25 3/5/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.39x3.05x9.42x - 3.78B
28.48x12.85x13.59x4.39% 3.55B
3.1x1.62x2.89x5.37% 2B
12.18x - - 2.46% 1.56B
12.45x1.83x3.4x4.64% 800M
6.06x1.6x3.3x10% 639M
16.71x3.25x5.24x - 585M
5.93x1.24x1.84x-.--% 291M
Average 13.04x 3.64x 5.67x 4.48% 1.65B
Weighted average by Cap. 17.04x 5.59x 8.42x 4.55%

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

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  4. Valuation Athabasca Oil Corporation