Financials PrairieSky Royalty Ltd.

Equities

PSK

CA7397211086

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
26.97 CAD +0.45% Intraday chart for PrairieSky Royalty Ltd. -2.74% +16.25%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,553 2,253 3,255 5,183 5,544 6,445 - -
Enterprise Value (EV) 1 3,562 2,298 3,898 5,401 5,766 6,520 6,343 6,251
P/E ratio 31.7 x 72.1 x - 16.3 x 24.4 x 29.6 x 27.9 x -
Yield 5.12% 3.72% 2.27% 2.76% 4.14% 3.7% 3.71% 3.71%
Capitalization / Revenue 13.2 x 13.1 x 10.6 x 8.06 x 10.8 x 12.3 x 11.6 x 12.8 x
EV / Revenue 13.3 x 13.4 x 12.7 x 8.4 x 11.2 x 12.5 x 11.4 x 12.4 x
EV / EBITDA 15.2 x 16 x 14.7 x 9.31 x 12.7 x 13.8 x 11.2 x -
EV / FCF 17.8 x 16.7 x -5.47 x 11.3 x 17.8 x 16 x 14.5 x 16.2 x
FCF Yield 5.61% 5.98% -18.3% 8.83% 5.63% 6.24% 6.92% 6.19%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 233,271 223,300 238,803 238,838 238,952 238,952 - -
Reference price 2 15.23 10.09 13.63 21.70 23.20 26.97 26.97 26.97
Announcement Date 2/10/20 2/8/21 2/7/22 2/6/23 2/12/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 268.4 171.4 308 643.3 513.2 522.2 554.5 504
EBITDA 1 234 143.8 264.6 580.2 455.5 472 566 -
EBIT 1 110.8 39.3 162.8 434.4 - 431.5 491 291
Operating Margin 41.28% 22.93% 52.86% 67.53% - 82.62% 88.55% 57.74%
Earnings before Tax (EBT) 109.2 37.8 - - - - - -
Net income 1 111.4 31.7 - - - 558 701 -
Net margin 41.51% 18.49% - - - 106.85% 126.42% -
EPS 2 0.4800 0.1400 - 1.330 0.9500 0.9100 0.9650 -
Free Cash Flow 1 199.7 137.4 -712.2 477 324.6 407.2 438.9 387
FCF margin 74.4% 80.16% -231.23% 74.15% 63.25% 77.96% 79.15% 76.79%
FCF Conversion (EBITDA) 85.34% 95.55% - 82.21% 71.26% 86.26% 77.54% -
FCF Conversion (Net income) 179.26% 433.44% - - - 72.97% 62.61% -
Dividend per Share 2 0.7800 0.3750 0.3100 0.6000 0.9600 0.9988 1.000 1.000
Announcement Date 2/10/20 2/8/21 2/7/22 2/6/23 2/12/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales - - - - 150.6 126.1 - - - - - - - - -
EBITDA 88 122.3 187.5 141.6 128.8 112.9 101.4 113.2 128 103.6 - - - - -
EBIT - - - - 92.9 78.9 - - - - - - - - -
Operating Margin - - - - 61.69% 62.57% - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income - - - - - - - - - - - - - - -
Net margin - - - - - - - - - - - - - - -
EPS - - - - - - 0.2000 0.2300 0.2800 0.2000 - - - - -
Dividend per Share 1 0.0900 0.1200 0.1200 0.1200 0.2400 0.2400 0.2400 0.2400 0.2400 - 0.2500 0.2500 0.2500 0.2500 0.2500
Announcement Date 2/7/22 4/18/22 7/18/22 10/24/22 2/6/23 4/17/23 7/17/23 10/23/23 2/12/24 4/22/24 - - - - -
1CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 9.5 44.5 643 218 222 75.8 - -
Net Cash position 1 - - - - - - 101 194
Leverage (Debt/EBITDA) 0.0406 x 0.3095 x 2.432 x 0.3762 x 0.4876 x 0.1606 x - -
Free Cash Flow 1 200 137 -712 477 325 407 439 387
ROE (net income / shareholders' equity) 4.4% 1.31% - 11.8% 8.22% 9% 9% -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share 2 0.9400 0.6400 1.220 2.120 1.600 1.690 1.800 1.740
Capex 1 10 9.4 986 30.6 57.9 2 - -
Capex / Sales 3.73% 5.48% 320% 4.76% 11.28% 0.38% - -
Announcement Date 2/10/20 2/8/21 2/7/22 2/6/23 2/12/24 - - -
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+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
12
Last Close Price
26.97 CAD
Average target price
29.06 CAD
Spread / Average Target
+7.76%
Consensus
  1. Stock Market
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  4. Financials PrairieSky Royalty Ltd.