Company Valuation: ProPetro Holding Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 837.3 1,188 945.3 960.3 992 1,139 - -
Change - 41.87% -20.43% 1.59% 3.3% 14.78% - -
Enterprise Value (EV) 1 725.4 1,119 956.9 954.9 1,022 1,512 1,832 2,199
Change - 54.23% -14.47% -0.21% 7.05% 47.89% 21.17% 20.03%
P/E -15.3x 519x 11x -7.12x 951x -89.1x 28.5x 45.2x
PBR 1.01x 1.24x 0.92x 1.18x 1.2x 1.17x 1.11x 1.09x
PEG - -5x 0x 0x -9x 0x -0x -1.2x
Capitalization / Revenue 0.96x 0.93x 0.58x 0.66x 0.78x 0.93x 0.8x 0.73x
EV / Revenue 0.83x 0.87x 0.59x 0.66x 0.81x 1.24x 1.29x 1.4x
EV / EBITDA 5.37x 3.53x 2.37x 3.37x 4.9x 7.67x 5.98x 5.77x
EV / EBIT 445x 5.94x 4.59x 13.4x 161x -2,344x 25.6x 24.4x
EV / FCF 64.8x -58.1x 247x 8.53x 22.6x -4.85x -7.19x -8.02x
FCF Yield 1.54% -1.72% 0.4% 11.7% 4.43% -20.6% -13.9% -12.5%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.53 0.02 0.76 -1.31 0.01 -0.104 0.325 0.205
Distribution rate - - - - - - - -
Net sales 1 874.5 1,280 1,630 1,444 1,269 1,221 1,423 1,570
EBITDA 1 135 316.6 404 283.2 208.4 197 306.1 381.2
EBIT 1 1.63 188.5 208.6 71.51 6.35 -0.6451 71.47 90.24
Net income 1 -54.18 2.03 85.63 -137.9 0.824 -12.78 19.78 2
Net Debt 1 -111.9 -69.14 11.65 -5.443 30.24 373.2 693.2 1,060
Reference price 2 8.100 10.370 8.380 9.330 9.510 9.270 9.270 9.270
Nbr of stocks (in thousands) 103,371 114,554 112,800 102,930 104,310 122,824 - -
Announcement Date 2/22/22 2/21/23 2/21/24 2/19/25 2/18/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-89.13x1.24x7.67x-.--% 1.14B
20.03x2.16x9.89x2.41% 72.34B
19.47x2.33x13.17x1.65% 55.59B
14.79x2.02x8.81x5.03% 28.11B
22.34x2.44x12.04x0.29% 26.99B
13.25x1.41x7.7x2.14% 26.54B
32x5.35x20.88x0.89% 16.77B
13.17x1.21x5.17x3.74% 9.82B
27.23x0.51x4.39x3.83% 9.44B
21.09x0.79x6.88x2.06% 6.7B
Average 9.42x 1.94x 9.66x 2.2% 25.34B
Weighted average by Cap. 19.19x 2.20x 10.74x 2.26%

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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