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 2,500 - -
Change - -15.54% 18.22% -44.73% 23.71% 40.66% - -
Enterprise Value (EV) 1 2,128 1,629 2,539 1,388 1,692 3,603 3,288 2,951
Change - -23.45% 55.81% -45.34% 21.91% 112.97% -8.75% -10.23%
P/E - 2.72x 4.26x 16.7x 5.15x 2.8x 4.39x 4.11x
PBR - - - - - - - -
PEG - - -0.2x -0.2x 0x 0x -0.1x 0.6x
Capitalization / Revenue 1.94x 0.97x 1.35x 0.77x 1.29x 1.05x 0.82x 0.8x
EV / Revenue 1.59x 0.72x 1.32x 0.75x 1.23x 1.52x 1.08x 0.95x
EV / EBITDA 2.64x 1.24x 2.29x 1.33x 2.41x 2.7x 2.1x 1.78x
EV / EBIT - 1.47x 3x 1.44x 3.96x 3.01x 2.41x 3.02x
EV / FCF 5.58x 16.3x 10.1x 3.51x 8.56x -16.4x 7.42x 4.26x
FCF Yield 17.9% 6.12% 9.86% 28.5% 11.7% -6.11% 13.5% 23.5%
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% 5.94% 6.23% 7.02%
EPS 2 - 7.417 5.863 0.8708 3.584 9.285 5.914 6.321
Distribution rate - 12% 25.6% 176% 43% 16.6% 27.4% 28.9%
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 - 88.07 349 900.5 570.3 608.5
Net Debt 1 -474.5 -569.3 -60.55 -48.97 -85.56 1,103 787.8 451.4
Reference price 2 21.61 20.15 24.95 14.58 18.45 25.99 25.99 25.99
Nbr of stocks (in thousands) 120,452 109,109 104,172 98,534 96,324 96,180 - -
Announcement Date 3/1/22 3/8/23 2/29/24 3/5/25 3/4/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
2.8x1.52x2.7x5.94% 1.79B
18.8x2.96x9.13x - 3.64B
27.09x12.39x13.13x4.56% 3.39B
11.83x - - 2.53% 1.5B
11.62x1.72x3.2x4.97% 741M
5.8x1.56x3.15x8.31% 601M
16.14x3.15x4.67x - 561M
4.74x1.1x1.59x-.--% 256M
Average 12.35x 3.49x 5.37x 4.39% 1.56B
Weighted average by Cap. 16.45x 5.44x 8.18x 4.66%

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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