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 2,005 - -
Change - -15.54% 18.22% -44.73% 23.71% 12.84% - -
Enterprise Value (EV) 1 2,128 1,629 2,539 1,388 1,692 2,889 2,682 2,174
Change - -23.45% 55.81% -45.34% 21.91% 70.77% -7.15% -18.93%
P/E - 2.72x 4.26x 16.7x 5.15x 6.25x 3.17x 3.31x
PBR - - - - - - - -
PEG - - -0.2x -0.2x 0x -0.89x 0x -0.81x
Capitalization / Revenue 1.94x 0.97x 1.35x 0.77x 1.29x 0.74x 0.7x 0.74x
EV / Revenue 1.59x 0.72x 1.32x 0.75x 1.23x 1.07x 0.94x 0.8x
EV / EBITDA 2.64x 1.24x 2.29x 1.33x 2.41x 2.25x 1.52x 1.3x
EV / EBIT - 1.47x 3x 1.44x 3.96x 1.95x 1.88x 2.14x
EV / FCF 5.58x 16.3x 10.1x 3.51x 8.56x -5.33x 5.66x 3.73x
FCF Yield 17.9% 6.12% 9.86% 28.5% 11.7% -18.8% 17.7% 26.8%
Dividend per Share 2 0.6346 0.89 1.5 1.53 1.54 1.565 1.62 -
Rate of return 2.94% 4.42% 6.01% 10.5% 8.35% 7.51% 7.77% -
EPS 2 - 7.417 5.863 0.8708 3.584 3.334 6.568 6.298
Distribution rate - 12% 25.6% 176% 43% 46.9% 24.7% -
Net sales 1 1,342 2,266 1,920 1,858 1,376 2,694 2,846 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 - 88.07 349 333 648.4 620.9
Net Debt 1 -474.5 -569.3 -60.55 -48.97 -85.56 883.4 676.9 169.1
Reference price 2 21.61 20.15 24.95 14.58 18.45 20.85 20.85 20.85
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.($)
6.25x1.07x2.25x7.51% 141.37Cr
16.7x2.91x7.87x - 347.57Cr
30.27x11.84x12.82x4.63% 327.03Cr
9.98x - - 3% 125.91Cr
10.6x1.49x2.84x5.72% 64Cr
4.69x1.44x2.86x14.99% 54Cr
11.86x2.38x4.84x - 40Cr
4.59x1.18x1.66x-.--% 23Cr
Average 11.87x 3.19x 5.02x 5.97% 140.49Cr
Weighted average by Cap. 17.23x 5.34x 7.83x 5.61%

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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