PAREX RESOURCES INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 24.24 CAD | -0.37% |
|
+2.11% | -2.85% |
| Apr. 23 | Transcript : Parex Resources Inc. - Special Call | |
| Apr. 11 | Parex Resources, Ecopetrol Consolidate Position In Colombia's Llanos Foothills Trend | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,453 | 2,311 | 2,603 | 2,199 | 2,599 | 2,495 | - | - |
| Enterprise Value (EV) 1 | 2,907 | 1,896 | 2,128 | 1,629 | 2,539 | 2,403 | 2,298 | 2,243 |
| P/E ratio | 7.97 x | 19.6 x | - | 2.72 x | 4.26 x | 4.05 x | 4.59 x | - |
| Yield | - | - | 2.94% | 4.42% | 6.01% | 6.26% | 6.42% | - |
| Capitalization / Revenue | 2.25 x | 3.12 x | 1.94 x | 0.97 x | 1.35 x | 1.16 x | 1.32 x | 1.47 x |
| EV / Revenue | 1.89 x | 2.56 x | 1.59 x | 0.72 x | 1.32 x | 1.11 x | 1.22 x | 1.32 x |
| EV / EBITDA | 3.29 x | 5.04 x | 2.64 x | 1.24 x | 2.29 x | 1.95 x | 1.92 x | 1.91 x |
| EV / FCF | 5.82 x | 9.65 x | 5.58 x | 16.3 x | 10.1 x | 7.17 x | 7.55 x | - |
| FCF Yield | 17.2% | 10.4% | 17.9% | 6.12% | 9.86% | 13.9% | 13.2% | - |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 142,972 | 131,888 | 120,452 | 109,109 | 104,172 | 102,914 | - | - |
| Reference price 2 | 24.15 | 17.52 | 21.61 | 20.15 | 24.95 | 24.24 | 24.24 | 24.24 |
| Announcement Date | 3/10/20 | 3/3/21 | 3/1/22 | 3/8/23 | 2/29/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,534 | 740.8 | 1,342 | 2,266 | 1,920 | 2,157 | 1,888 | 1,697 |
| EBITDA 1 | 882.7 | 376.2 | 806 | 1,316 | 1,109 | 1,233 | 1,198 | 1,172 |
| EBIT 1 | - | - | - | 1,108 | 845 | 898.1 | 829.5 | 853.7 |
| Operating Margin | - | - | - | 48.91% | 44.01% | 41.64% | 43.93% | 50.32% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - |
| Net income | - | - | - | 842.8 | - | - | - | - |
| Net margin | - | - | - | 37.2% | - | - | - | - |
| EPS 2 | 3.031 | 0.8952 | - | 7.417 | 5.863 | 5.992 | 5.285 | - |
| Free Cash Flow 1 | 499.1 | 196.4 | 381.2 | 99.77 | 250.3 | 334.9 | 304.4 | - |
| FCF margin | 32.53% | 26.51% | 28.41% | 4.4% | 13.04% | 15.53% | 16.12% | - |
| FCF Conversion (EBITDA) | 56.54% | 52.21% | 47.29% | 7.58% | 22.58% | 27.17% | 25.4% | - |
| FCF Conversion (Net income) | - | - | - | 11.84% | - | - | - | - |
| Dividend per Share 2 | - | - | 0.6346 | 0.8900 | 1.500 | 1.518 | 1.555 | - |
| Announcement Date | 3/10/20 | 3/3/21 | 3/1/22 | 3/8/23 | 2/29/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | - | - | - | - | - | 518.8 | 439.4 | 437.6 | 528.6 | 507.1 | - |
| EBITDA | 186.4 | - | 320.8 | - | 255.8 | 294.9 | 268 | 262.8 | 318.9 | 273.3 | - |
| EBIT | - | - | - | - | - | 233.6 | 212 | 192 | 245.3 | 194.8 | - |
| Operating Margin | - | - | - | - | - | 45.02% | 48.24% | 43.87% | 46.4% | 38.41% | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | 135.2 | - | - | - |
| Net margin | - | - | - | - | - | - | - | 30.9% | - | - | - |
| EPS 1 | - | - | - | - | - | - | 1.283 | 1.267 | 1.556 | 1.737 | 1.030 |
| Dividend per Share | 0.1552 | 0.4760 | 0.1400 | 0.2500 | 0.3434 | 0.2500 | - | 0.3750 | 0.5162 | - | - |
| Announcement Date | 11/3/21 | 3/1/22 | 5/11/22 | 8/3/22 | 11/3/22 | 3/8/23 | 5/10/23 | 8/2/23 | 11/7/23 | 2/29/24 | - |
1CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 546 | 415 | 474 | 569 | 60.6 | 91.7 | 197 | 252 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 499 | 196 | 381 | 99.8 | 250 | 335 | 304 | - |
| ROE (net income / shareholders' equity) | 24.5% | 7.24% | - | 39.3% | 25% | 18% | 16% | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets | - | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | 5.270 | 2.710 | 5.840 | 8.790 | 8.530 | 8.800 | 9.630 | 9.990 |
| Capex 1 | 287 | 178 | 352 | 900 | 656 | 564 | 569 | 554 |
| Capex / Sales | 18.7% | 24.04% | 26.22% | 39.7% | 34.17% | 26.17% | 30.12% | 32.68% |
| Announcement Date | 3/10/20 | 3/3/21 | 3/1/22 | 3/8/23 | 2/29/24 | - | - | - |
1CAD in Million2CAD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
24.24
CAD
Average target price
30.5
CAD
Spread / Average Target
+25.80%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -2.85% | 1.82B | |
| +8.23% | 7.41B | |
| +4.19% | 4.32B | |
| +17.03% | 2.4B | |
| +21.10% | 2.06B | |
| +4.05% | 1.29B | |
| -.--% | 1.11B | |
| +24.32% | 672M | |
| +19.91% | 571M | |
| +45.71% | 512M |
- Stock Market
- Equities
- PXT Stock
- Financials Parex Resources Inc.
