Company Valuation: Whitecap Resources Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,613 6,565 5,314 5,992 13,960 22,931 - -
Change - 42.34% -19.07% 12.77% 132.96% 64.27% - -
Enterprise Value (EV) 1 5,687 8,479 6,699 6,925 17,354 25,167 24,169 23,359
Change - 49.08% -20.99% 3.38% 150.58% 45.02% -3.97% -3.35%
P/E 2.54x 3.98x 6.08x 7.5x 11.6x 13.6x 14x 12.4x
PBR - - - - - - - -
PEG - -0.47x -0.1x -1.1x -0.4x 0.3x -5.07x 1x
Capitalization / Revenue 1.83x 1.37x 1.38x 1.52x 2.48x 2.66x 2.7x 2.79x
EV / Revenue 2.25x 1.77x 1.74x 1.76x 3.08x 2.92x 2.84x 2.84x
EV / EBITDA 5.01x 3.41x 3.17x 3.5x 5.21x 5.05x 4.91x 4.9x
EV / EBIT - - 5.33x 3.36x 5.01x 7.46x 7.5x 11.8x
EV / FCF 10.1x 6.09x - 13.8x 19.5x 10.5x 11.7x 11.4x
FCF Yield 9.93% 16.4% - 7.24% 5.12% 9.5% 8.54% 8.76%
Dividend per Share 2 0.2062 0.39 0.62 0.73 0.73 0.73 0.73 0.7299
Rate of return 2.75% 3.63% 6.99% 7.16% 6.35% 3.87% 3.87% 3.87%
EPS 2 2.95 2.7 1.46 1.36 0.99 1.386 1.348 1.523
Distribution rate 6.99% 14.4% 42.5% 53.7% 73.7% 52.7% 54.2% 47.9%
Net sales 1 2,526 4,780 3,849 3,938 5,634 8,622 8,501 8,230
EBITDA 1 1,136 2,487 2,115 1,978 3,330 4,981 4,926 4,763
EBIT 1 - - 1,256 2,058 3,466 3,374 3,225 1,979
Net income 1 1,777 1,676 889 812.3 984.6 1,708 1,675 1,847
Net Debt 1 1,075 1,913 1,386 933.1 3,394 2,236 1,237 427.5
Reference price 2 7.49 10.74 8.87 10.20 11.50 18.86 18.86 18.86
Nbr of stocks (in thousands) 615,823 611,304 599,058 587,476 1,213,890 1,215,878 - -
Announcement Date 2/24/22 2/22/23 2/21/24 2/19/25 2/23/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.6x2.92x5.05x3.87% 16.37B
12.43x2.43x5.38x2.58% 158B
12.43x3.31x6.34x3.59% 102B
8.43x2.59x4.5x2.86% 75.65B
9.88x1.47x4.78x1.91% 60.06B
7.25x2.49x3.94x1.85% 58.82B
9.19x2.56x5.04x2.29% 55.9B
11.37x3.44x4.94x2.27% 53.88B
12.38x3.38x5.14x5.91% 43.81B
5.7x1.65x3.96x4.74% 35.99B
Average 10.27x 2.62x 4.91x 3.19% 66.09B
Weighted average by Cap. 10.58x 2.63x 5.08x 2.96%

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

  1. Stock Market
  2. Stocks
  3. WCP Stock
  4. Valuation Whitecap Resources Inc.
-40%: Exceptional extension
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