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 2,544 - -
Change - -15.54% 18.22% -44.73% 23.71% 43.15% - -
Enterprise Value (EV) 1 2,128 1,629 2,539 1,388 1,692 3,593 3,187 2,839
Change - -23.45% 55.81% -45.34% 21.91% 112.41% -11.3% -10.92%
P/E - 2.72x 4.26x 16.7x 5.15x 2.86x 4.49x 4.22x
PBR - - - - - - - -
PEG - - -0.2x -0.2x 0x 0x -0.1x 0.65x
Capitalization / Revenue 1.94x 0.97x 1.35x 0.77x 1.29x 1.07x 0.84x 0.82x
EV / Revenue 1.59x 0.72x 1.32x 0.75x 1.23x 1.51x 1.05x 0.91x
EV / EBITDA 2.64x 1.24x 2.29x 1.33x 2.41x 2.69x 2.04x 1.71x
EV / EBIT - 1.47x 3x 1.44x 3.96x 3x 2.34x 2.9x
EV / FCF 5.58x 16.3x 10.1x 3.51x 8.56x -6.21x 7.25x 4.16x
FCF Yield 17.9% 6.12% 9.86% 28.5% 11.7% -16.1% 13.8% 24.1%
Dividend per Share 2 0.6346 0.89 1.5 1.53 1.54 1.543 1.62 1.824
Rate of return 2.94% 4.42% 6.01% 10.5% 8.35% 5.83% 6.12% 6.9%
EPS 2 - 7.417 5.863 0.8708 3.584 9.247 5.89 6.273
Distribution rate - 12% 25.6% 176% 43% 16.7% 27.5% 29.1%
Net sales 1 1,342 2,266 1,920 1,858 1,376 2,378 3,037 3,109
EBITDA 1 806 1,316 1,109 1,045 701.7 1,334 1,562 1,657
EBIT 1 - 1,108 845 966.8 427.6 1,196 1,364 977.8
Net income 1 - 842.8 - 88.07 349 896.7 568.3 604.3
Net Debt 1 -474.5 -569.3 -60.55 -48.97 -85.56 1,049 643.3 295.3
Reference price 2 21.61 20.15 24.95 14.58 18.45 26.45 26.45 26.45
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
2.86x1.51x2.69x5.83% 180.84Cr
17.3x2.93x8.48x - 346.25Cr
27.05x12.25x12.75x4.62% 331.56Cr
11.88x - - 2.52% 152Cr
12.51x1.83x3.57x4.62% 79Cr
5.94x1.58x3.25x10.2% 63Cr
16.71x3.25x5.23x - 58Cr
5.31x1.14x1.73x-.--% 24Cr
-18.72x - -18.2x-.--% 16Cr
Average 8.98x 3.50x 2.44x 3.97% 138.9Cr
Weighted average by Cap. 15.55x 5.37x 7.46x 4.7%

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
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  3. PXT Stock
  4. Valuation Parex Resources Inc.
-40%: Exceptional extension
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