Company Valuation: Matador Resources Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,332 6,764 6,774 7,020 5,274 7,373 - -
Change - 56.13% 0.15% 3.63% -24.87% 39.8% - -
Enterprise Value (EV) 1 5,811 7,376 8,874 10,250 8,597 12,925 12,531 11,694
Change - 26.93% 20.31% 15.51% -16.13% 50.35% -3.04% -6.68%
P/E 7.52x 5.66x 8.07x 7.88x 6.97x 8.73x 6.65x 6.53x
PBR - 2.05x 1.74x 1.38x 0.93x 1.13x 1x 0.89x
PEG - 0x -0.3x 6.17x -0.5x 0.7x 0.2x 3.75x
Capitalization / Revenue 2.6x 2.21x 2.41x 2x 1.43x 1.78x 1.63x 1.59x
EV / Revenue 3.49x 2.41x 3.16x 2.92x 2.33x 3.13x 2.76x 2.52x
EV / EBITDA 5.52x 3.47x 4.8x 4.46x 3.75x 4.68x 4x 3.69x
EV / EBIT 7.33x 4.19x 7.34x 7.14x 7.01x 8.32x 6.44x 6.32x
EV / FCF 18.1x 7.28x 33.1x 38.4x 131x 14.1x 10.9x 10.2x
FCF Yield 5.52% 13.7% 3.02% 2.6% 0.76% 7.09% 9.14% 9.82%
Dividend per Share 2 0.125 0.3 0.65 0.85 1.312 1.516 1.578 1.661
Rate of return 0.34% 0.52% 1.14% 1.51% 3.09% 2.54% 2.65% 2.79%
EPS 2 4.91 10.11 7.05 7.14 6.09 6.822 8.966 9.121
Distribution rate 2.55% 2.97% 9.22% 11.9% 21.6% 22.2% 17.6% 18.2%
Net sales 1 1,663 3,058 2,807 3,505 3,696 4,134 4,534 4,642
EBITDA 1 1,052 2,127 1,850 2,299 2,295 2,759 3,135 3,167
EBIT 1 793.1 1,759 1,209 1,435 1,227 1,554 1,946 1,851
Net income 1 585 1,214 846.1 885.3 759.2 801.3 1,126 1,133
Net Debt 1 1,479 612.9 2,100 3,231 3,323 5,552 5,158 4,321
Reference price 2 36.92 57.24 56.86 56.26 42.44 59.58 59.58 59.58
Nbr of stocks (in thousands) 117,336 118,162 119,135 124,773 124,271 123,754 - -
Announcement Date 2/22/22 2/21/23 2/20/24 2/18/25 2/24/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
8.73x3.19x4.71x2.54% 7.37B
12.92x2.47x5.64x2.48% 165B
12.84x3.41x6.5x3.48% 107B
8.86x2.75x4.73x2.77% 78.13B
10.11x1.46x4.79x1.92% 60.47B
7.8x2.57x4.07x1.68% 60.89B
12.27x3.68x5.21x2.14% 56.96B
9.66x2.7x5.08x2.27% 56.38B
12.66x3.5x5.26x5.56% 45.1B
13.11x4.22x6.21x1.18% 34.87B
Average 10.90x 2.99x 5.22x 2.6% 67.17B
Weighted average by Cap. 11.34x 2.86x 5.36x 2.64%

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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