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 2,732 - -
Change - -15.54% 18.22% -44.73% 23.71% 53.7% - -
Enterprise Value (EV) 1 2,128 1,629 2,539 1,388 1,692 3,411 3,167 3,042
Change - -23.45% 55.81% -45.34% 21.91% 101.66% -7.17% -3.93%
P/E - 2.72x 4.26x 16.7x 5.15x 2.92x 4.86x 5.15x
PBR - - - - - 0.74x 0.65x 0.6x
PEG - - -0.2x -0.2x 0x 0x -0.1x -0.91x
Capitalization / Revenue 1.94x 0.97x 1.35x 0.77x 1.29x 1.15x 0.92x 0.95x
EV / Revenue 1.59x 0.72x 1.32x 0.75x 1.23x 1.44x 1.07x 1.05x
EV / EBITDA 2.64x 1.24x 2.29x 1.33x 2.41x 2.59x 2.1x 2.07x
EV / EBIT - 1.47x 3x 1.44x 3.96x 2.87x 2.68x 3.72x
EV / FCF 5.58x 16.3x 10.1x 3.51x 8.56x -20.1x 7.67x 5.3x
FCF Yield 17.9% 6.12% 9.86% 28.5% 11.7% -4.97% 13% 18.9%
Dividend per Share 2 0.6346 0.89 1.5 1.53 1.54 1.552 1.651 1.761
Rate of return 2.94% 4.42% 6.01% 10.5% 8.35% 5.46% 5.81% 6.2%
EPS 2 - 7.417 5.863 0.8708 3.584 9.729 5.844 5.514
Distribution rate - 12% 25.6% 176% 43% 16% 28.2% 31.9%
Net sales 1 1,342 2,266 1,920 1,858 1,376 2,375 2,959 2,888
EBITDA 1 806 1,316 1,109 1,045 701.7 1,319 1,510 1,466
EBIT 1 - 1,108 845 966.8 427.6 1,187 1,183 818.5
Net income 1 - 842.8 - 88.07 349 941.3 550.1 511.5
Net Debt 1 -474.5 -569.3 -60.55 -48.97 -85.56 679.9 435.3 310.7
Reference price 2 21.61 20.15 24.95 14.58 18.45 28.40 28.40 28.40
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.($)
2.92x1.44x2.59x5.46% 1.92B
12.81x2.61x5.5x2.4% 169B
12.51x3.41x6.52x3.36% 108B
8.79x2.7x4.63x2.7% 80.34B
17.64x4x10.62x5.48% 68.08B
7.26x2.59x4.05x1.7% 61.63B
8.88x1.46x4.63x1.87% 60.56B
9.3x2.58x5.06x2.21% 57.74B
11.28x3.47x4.89x2.2% 55.5B
10.92x3.21x4.8x6.55% 43.52B
Average 10.23x 2.75x 5.33x 3.39% 70.62B
Weighted average by Cap. 11.40x 2.88x 5.71x 3%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Parex Resources Inc.

Historical PBR trend

Valuation ratios - PBR - Parex Resources Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Parex Resources Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Parex Resources Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Parex Resources Inc.
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