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 2,516 - -
Change - -15.54% 18.22% -44.73% 23.71% 41.58% - -
Enterprise Value (EV) 1 2,128 1,629 2,539 1,388 1,692 3,352 3,012 2,805
Change - -23.45% 55.81% -45.34% 21.91% 98.16% -10.16% -6.86%
P/E - 2.72x 4.26x 16.7x 5.15x 2.51x 4.01x 5.07x
PBR - - - - - 0.69x 0.61x 0.56x
PEG - - -0.2x -0.2x 0x 0x -0.1x -0.2x
Capitalization / Revenue 1.94x 0.97x 1.35x 0.77x 1.29x 1.02x 0.82x 0.88x
EV / Revenue 1.59x 0.72x 1.32x 0.75x 1.23x 1.36x 0.98x 0.98x
EV / EBITDA 2.64x 1.24x 2.29x 1.33x 2.41x 2.42x 2.02x 1.96x
EV / EBIT - 1.47x 3x 1.44x 3.96x 2.86x 2.6x 3.56x
EV / FCF 5.58x 16.3x 10.1x 3.51x 8.56x -14.9x 4.98x 5.93x
FCF Yield 17.9% 6.12% 9.86% 28.5% 11.7% -6.7% 20.1% 16.9%
Dividend per Share 2 0.6346 0.89 1.5 1.53 1.54 1.554 1.631 1.681
Rate of return 2.94% 4.42% 6.01% 10.5% 8.35% 5.94% 6.23% 6.42%
EPS 2 - 7.417 5.863 0.8708 3.584 10.41 6.53 5.156
Distribution rate - 12% 25.6% 176% 43% 14.9% 25% 32.6%
Net sales 1 1,342 2,266 1,920 1,858 1,376 2,467 3,071 2,874
EBITDA 1 806 1,316 1,109 1,045 701.7 1,384 1,490 1,431
EBIT 1 - 1,108 845 966.8 427.6 1,174 1,159 788.7
Net income 1 - 842.8 - 88.07 349 1,010 622.9 487.9
Net Debt 1 -474.5 -569.3 -60.55 -48.97 -85.56 836 495.6 288.9
Reference price 2 21.61 20.15 24.95 14.58 18.45 26.16 26.16 26.16
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.($)
2.51x1.36x2.42x5.94% 180.07Cr
12.74x2.59x5.58x2.3% 18TCr
12.45x3.42x6.48x3.31% 11TCr
8.75x2.79x4.69x2.6% 8.28TCr
16.41x3.81x10.11x5.69% 6.56TCr
6.64x2.4x3.73x1.73% 6.07TCr
14.46x1.97x10.18x4.66% 5.83TCr
7.43x1.31x4.11x2.03% 5.67TCr
8.95x2.5x4.84x2.28% 5.59TCr
10.41x3.3x4.7x2.17% 5.59TCr
Average 10.07x 2.54x 5.68x 3.27% 7.25TCr
Weighted average by Cap. 11.29x 2.73x 5.99x 2.92%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Parex Resources Inc.

Historical PBR trend

Valuation ratios - PBR - Parex Resources Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Parex Resources Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Parex Resources Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Parex Resources Inc.
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