Company Valuation: Parex Resources Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,603 2,199 2,599 1,437 1,777 2,468 - -
Change - -15.54% 18.22% -44.73% 23.71% 38.87% - -
Enterprise Value (EV) 1 2,128 1,629 2,539 1,388 1,692 3,571 3,256 2,919
Change - -23.45% 55.81% -45.34% 21.91% 111.09% -8.82% -10.33%
P/E - 2.72x 4.26x 16.7x 5.15x 2.76x 4.34x 4.06x
PBR - - - - - - - -
PEG - - -0.2x -0.2x 0x 0x -0.1x 0.59x
Capitalization / Revenue 1.94x 0.97x 1.35x 0.77x 1.29x 1.04x 0.81x 0.79x
EV / Revenue 1.59x 0.72x 1.32x 0.75x 1.23x 1.5x 1.07x 0.94x
EV / EBITDA 2.64x 1.24x 2.29x 1.33x 2.41x 2.68x 2.08x 1.76x
EV / EBIT - 1.47x 3x 1.44x 3.96x 2.99x 2.39x 2.99x
EV / FCF 5.58x 16.3x 10.1x 3.51x 8.56x -16.2x 7.35x 4.22x
FCF Yield 17.9% 6.12% 9.86% 28.5% 11.7% -6.17% 13.6% 23.7%
Dividend per Share 2 0.6346 0.89 1.5 1.53 1.54 1.543 1.62 1.824
Rate of return 2.94% 4.42% 6.01% 10.5% 8.35% 6.01% 6.31% 7.11%
EPS 2 - 7.417 5.863 0.8708 3.584 9.285 5.914 6.321
Distribution rate - 12% 25.6% 176% 43% 16.6% 27.4% 28.9%
Net sales 1 1,342 2,266 1,920 1,858 1,376 2,378 3,037 3,109
EBITDA 1 806 1,316 1,109 1,045 701.7 1,334 1,562 1,657
EBIT 1 - 1,108 845 966.8 427.6 1,196 1,364 977.8
Net income 1 - 842.8 - 88.07 349 900.5 570.3 608.5
Net Debt 1 -474.5 -569.3 -60.55 -48.97 -85.56 1,103 787.8 451.4
Reference price 2 21.61 20.15 24.95 14.58 18.45 25.66 25.66 25.66
Nbr of stocks (in thousands) 120,452 109,109 104,172 98,534 96,324 96,180 - -
Announcement Date 3/1/22 3/8/23 2/29/24 3/5/25 3/4/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
2.76x1.5x2.68x6.01% 1.77B
18.91x2.98x9.18x - 3.66B
27.35x12.5x13.24x4.52% 3.42B
12.48x - - 2.4% 1.59B
11.82x1.75x3.25x4.89% 755M
5.47x1.54x3.07x11.18% 591M
14x2.88x4.8x - 487M
4.83x1.17x1.69x-.--% 261M
Average 12.20x 3.47x 5.42x 4.83% 1.57B
Weighted average by Cap. 16.57x 5.50x 8.28x 4.8%

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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