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 2,309 - -
Change - -15.54% 18.22% -44.73% 23.71% 29.94% - -
Enterprise Value (EV) 1 2,128 1,629 2,539 1,388 1,692 3,145 2,911 2,576
Change - -23.45% 55.81% -45.34% 21.91% 85.95% -7.46% -11.49%
P/E - 2.72x 4.26x 16.7x 5.15x 7.9x 3.78x 3.66x
PBR - - - - - - - -
PEG - - -0.2x -0.2x 0x -0.5x 0x 1.1x
Capitalization / Revenue 1.94x 0.97x 1.35x 0.77x 1.29x 0.95x 0.81x 0.85x
EV / Revenue 1.59x 0.72x 1.32x 0.75x 1.23x 1.3x 1.02x 0.95x
EV / EBITDA 2.64x 1.24x 2.29x 1.33x 2.41x 2.45x 1.65x 1.53x
EV / EBIT - 1.47x 3x 1.44x 3.96x 2.13x 2.04x 2.53x
EV / FCF 5.58x 16.3x 10.1x 3.51x 8.56x -4.74x 6.89x 4.32x
FCF Yield 17.9% 6.12% 9.86% 28.5% 11.7% -21.1% 14.5% 23.1%
Dividend per Share 2 0.6346 0.89 1.5 1.53 1.54 1.545 1.559 -
Rate of return 2.94% 4.42% 6.01% 10.5% 8.35% 6.43% 6.49% -
EPS 2 - 7.417 5.863 0.8708 3.584 3.04 6.349 6.56
Distribution rate - 12% 25.6% 176% 43% 50.8% 24.6% -
Net sales 1 1,342 2,266 1,920 1,858 1,376 2,423 2,848 2,713
EBITDA 1 806 1,316 1,109 1,045 701.7 1,284 1,760 1,679
EBIT 1 - 1,108 845 966.8 427.6 1,478 1,429 1,018
Net income 1 - 842.8 - 88.07 349 300.5 626.6 633.1
Net Debt 1 -474.5 -569.3 -60.55 -48.97 -85.56 836.2 601.4 266.9
Reference price 2 21.61 20.15 24.95 14.58 18.45 24.01 24.01 24.01
Nbr of stocks (in thousands) 1,20,452 1,09,109 1,04,172 98,534 96,324 96,180 - -
Announcement Date 01/03/22 08/03/23 29/02/24 05/03/25 04/03/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.81x1.29x2.43x6.51% 162.05Cr
17.6x3.13x8.58x - 373.54Cr
32.92x12.79x13.86x4.25% 358.3Cr
11.41x - - 2.62% 144.44Cr
12.01x1.65x3.14x5.09% 72Cr
5.83x1.59x3.24x12.97% 62Cr
14.71x2.97x4.99x - 51Cr
4.73x1.18x1.72x-.--% 26Cr
Average 13.38x 3.51x 5.42x 5.24% 156.16Cr
Weighted average by Cap. 18.71x 5.76x 8.41x 5.01%

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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