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 2,538 - -
Change - -15.54% 18.22% -44.73% 23.71% 42.82% - -
Enterprise Value (EV) 1 2,128 1,629 2,539 1,388 1,692 3,349 3,094 2,760
Change - -23.45% 55.81% -45.34% 21.91% 97.96% -7.62% -10.78%
P/E Ratio - 2.72x 4.26x 16.7x 5.15x 7.92x 4.02x 4.19x
PBR - - - - - - - -
PEG - - -0.2x -0.2x 0x -1.13x 0x -1.02x
Capitalization / Revenue 1.94x 0.97x 1.35x 0.77x 1.29x 0.94x 0.89x 0.94x
EV / Revenue 1.59x 0.72x 1.32x 0.75x 1.23x 1.24x 1.09x 1.02x
EV / EBITDA 2.64x 1.24x 2.29x 1.33x 2.41x 2.53x 1.9x 1.64x
EV / EBIT - 1.47x 3x 1.44x 3.96x 2.27x 2.17x 2.71x
EV / FCF 5.58x 16.3x 10.1x 3.51x 8.56x -6.17x 6.53x 4.74x
FCF Yield 17.9% 6.12% 9.86% 28.5% 11.7% -16.2% 15.3% 21.1%
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% 5.93% 6.14% -
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 1,322 1,632 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 -85.56 810.6 555.6 222
Reference price 2 21.61 20.15 24.95 14.58 18.45 26.39 26.39 26.39
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 Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.89x1.24x2.53x5.95% 180.69Cr
18.55x3.25x8.9x - 399.41Cr
34.62x12.77x13.41x4.26% 359.67Cr
12.98x - - 2.31% 164.18Cr
14.01x1.66x3.13x5% 73Cr
5.15x1.58x3.15x13% 63Cr
13x2.57x5.07x - 45Cr
4.59x1.18x1.67x-.--% 23Cr
Average 13.85x 3.46x 5.41x 5.09% 163.59Cr
Weighted average by Cap. 19.45x 5.66x 8.33x 4.83%

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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