Company Valuation: Viper Energy, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 2,735 5,053 6,506 7,755 - -
Change - 84.78% 28.76% 19.19% - -
Enterprise Value (EV) 1 3,802 6,136 8,698 9,329 8,984 8,686
Change - 61.4% 41.75% 7.25% -3.7% -3.32%
P/E 11.7x 12.8x -80.5x 16.6x 18.3x 16.9x
PBR 2.94x 3.44x 1.62x 1.66x 1.65x 1.62x
PEG - 0.3x 1x -0x -2.04x 2.12x
Capitalization / Revenue 3.3x 5.87x 4.66x 3.31x 3.41x 3.32x
EV / Revenue 4.59x 7.13x 6.24x 3.98x 3.95x 3.72x
EV / EBITDA 5.02x 7.85x 6.68x 4.22x 4.15x 4.03x
EV / EBIT 6.13x 10.8x -62.1x 6.53x 6.88x 6.59x
EV / FCF 6.75x -80.1x -6.66x 5.03x 5.04x 4.76x
FCF Yield 14.8% -1.25% -15% 19.9% 19.8% 21%
Dividend per Share 2 1.82 2.49 2.2 3.017 3.04 3.368
Rate of return 5.8% 5.07% 5.7% 7.56% 7.62% 8.44%
EPS 2 2.69 3.82 -0.48 2.4 2.184 2.358
Distribution rate 67.7% 65.2% -458% 126% 139% 143%
Net sales 1 827.7 860.4 1,395 2,346 2,276 2,337
EBITDA 1 757.5 782.2 1,302 2,211 2,163 2,154
EBIT 1 620.2 566.4 -140 1,429 1,306 1,318
Net income 1 200.1 359.2 -68 496.1 444.5 426.4
Net Debt 1 1,067 1,083 2,192 1,574 1,229 930.8
Reference price 2 31.38 49.07 38.63 39.89 39.89 39.89
Nbr of stocks (in thousands) 87,144 102,977 168,431 194,405 - -
Announcement Date 2/20/24 2/24/25 2/23/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.79x4x4.23x7.56% 7.75B
11.8x2.31x5.11x2.71% 150B
11.89x3.16x6.14x3.72% 97.19B
8.15x2.46x4.3x3% 72.26B
18.3x4.13x10.96x5.35% 69.76B
9.54x1.42x4.64x1.97% 57.47B
6.86x2.36x3.73x1.85% 55.3B
8.78x2.42x4.79x2.41% 52.94B
11.11x3.31x4.72x2.37% 51.47B
12.03x3.24x4.9x6.25% 42.15B
Average 11.52x 2.88x 5.35x 3.72% 65.66B
Weighted average by Cap. 11.26x 2.74x 5.56x 3.27%

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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