Company Valuation: Veren

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 3,131 1,574 3,930 5,376 5,758 4,547
Change - -49.72% 149.66% 36.78% 7.11% -21.02%
Enterprise Value (EV) 1 6,160 3,982 6,028 6,651 9,452 7,596
Change - -35.37% 51.41% 10.34% 42.1% -19.63%
P/E -3.06x -0.62x 1.64x 3.72x 8.82x 16.7x
PBR 0.57x 0.56x 0.72x 0.82x 0.83x 0.67x
PEG - -0x -0x -0.1x -0.1x -0.3x
Capitalization / Revenue 1.09x 1.06x 1.39x 1.35x 1.81x 1.14x
EV / Revenue 2.14x 2.68x 2.13x 1.67x 2.96x 1.91x
EV / EBITDA 3.39x 4.38x 1.47x 2.85x 4.43x 3.16x
EV / EBIT -6.86x -1.19x 1.88x 3.43x 7.76x 12.6x
EV / FCF 8.51x 2.48x -26.1x 27.7x 26.5x 13.7x
FCF Yield 11.7% 40.3% -3.83% 3.61% 3.78% 7.28%
Dividend per Share 2 0.04 0.0175 0.0375 0.27 0.4 0.46
Rate of return 0.69% 0.59% 0.56% 2.8% 4.35% 6.22%
EPS 2 -1.894 -4.76 4.11 2.6 1.042 0.4426
Distribution rate -2.11% -0.37% 0.91% 10.4% 38.4% 104%
Net sales 1 2,877 1,488 2,829 3,993 3,190 3,972
EBITDA 1 1,815 908.4 4,098 2,337 2,136 2,403
EBIT 1 -897.7 -3,351 3,213 1,939 1,218 601.6
Net income 1 -1,033 -2,520 2,364 1,483 570.3 273.3
Net Debt 1 3,029 2,407 2,098 1,276 3,694 3,048
Reference price 2 5.790 2.970 6.750 9.660 9.190 7.390
Nbr of stocks (in thousands) 540,776 530,036 582,245 556,500 626,547 615,352
Announcement Date 3/5/20 2/24/21 3/3/22 3/2/23 2/29/24 2/27/25
1CAD in Million2CAD
Estimates

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA