Company Valuation: ProPetro Holding Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 837.3 1,188 945.3 960.3 992 1,538 - -
Change - 41.87% -20.43% 1.59% 3.3% 54.99% - -
Enterprise Value (EV) 1 725.4 1,119 956.9 954.9 1,022 1,607 1,757 1,538
Change - 54.23% -14.47% -0.21% 7.05% 57.18% 9.34% -12.49%
P/E ratio -15.3x 519x 11x -7.12x 951x -115x 18.3x -
PBR 1.01x 1.24x 0.92x 1.18x 1.2x 1.32x 1.21x -
PEG - -5x 0x 0x -9x 0x -0x -
Capitalization / Revenue 0.96x 0.93x 0.58x 0.66x 0.78x 1.23x 1.05x 0.94x
EV / Revenue 0.83x 0.87x 0.59x 0.66x 0.81x 1.29x 1.2x 0.94x
EV / EBITDA 5.37x 3.53x 2.37x 3.37x 4.9x 7.85x 5.64x 4.67x
EV / EBIT 445x 5.94x 4.59x 13.4x 161x 174x 14.8x 8.54x
EV / FCF 64.8x -58.1x 247x 8.53x 22.6x -9.82x -20x 20.2x
FCF Yield 1.54% -1.72% 0.4% 11.7% 4.43% -10.2% -5% 4.94%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.53 0.02 0.76 -1.31 0.01 -0.11 0.69 -
Distribution rate - - - - - - - -
Net sales 1 874.5 1,280 1,630 1,444 1,269 1,247 1,466 1,637
EBITDA 1 135 316.6 404 283.2 208.4 204.6 311.5 329
EBIT 1 1.63 188.5 208.6 71.51 6.35 9.228 118.9 180
Net income 1 -54.18 2.03 85.63 -137.9 0.824 -12.8 83.7 -
Net Debt 1 -111.9 -69.14 11.65 -5.443 30.24 69.27 219.4 -
Reference price 2 8.10 10.37 8.38 9.33 9.51 12.60 12.60 12.60
Nbr of stocks (in thousands) 1,03,371 1,14,554 1,12,800 1,02,930 1,04,310 1,22,024 - -
Announcement Date 22/02/22 21/02/23 21/02/24 19/02/25 18/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-114.55x1.29x7.85x-.--% 153.75Cr
16.43x2.09x8.85x2.5% 7.12TCr
23.56x2.15x12.12x1.56% 5.95TCr
15.48x1.53x8.35x2.02% 2.86TCr
22.14x2.32x11.68x0.31% 2.58TCr
12.76x - - 2.93% 771.47Cr
19.6x0.45x4.07x4.72% 740.77Cr
18.84x0.8x6.95x2.13% 682.97Cr
17.03x1.45x6.65x1.32% 676.08Cr
19.04x5.47x9.5x2.55% 626.31Cr
Average 5.03x 1.95x 8.45x 2% 2.22TCr
Weighted average by Cap. 18.12x 2.04x 9.75x 1.96%

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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  4. Valuation ProPetro Holding Corp.