Africa Oil Corp
TSX:AOI

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Africa Oil Corp
TSX:AOI
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Price: 1.68 CAD -0.59% Market Closed
Market Cap: 1.1B CAD

Relative Value

The Relative Value of one AOI stock under the Base Case scenario is 2.04 CAD. Compared to the current market price of 1.68 CAD, Africa Oil Corp is Undervalued by 18%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

AOI Relative Value
Base Case
2.04 CAD
Undervaluation 18%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
6
vs Industry
Median 3Y
0
Median 5Y
0
Industry
1.4
Forward
1.4
vs History
vs Industry
20
Median 3Y
-3.5
Median 5Y
-0.7
Industry
12
Forward
7.4
vs History
6
vs Industry
Median 3Y
-9.8
Median 5Y
-16
Industry
5.1
vs History
vs Industry
Median 3Y
-7.6
Median 5Y
-6.6
Industry
10.9
vs History
6
vs Industry
38
Median 3Y
0.6
Median 5Y
0.5
Industry
1.3
vs History
6
vs Industry
Median 3Y
0
Median 5Y
0
Industry
2.1
Forward
1.4
vs History
6
vs Industry
Median 3Y
0
Median 5Y
0
Industry
5.2
vs History
vs Industry
Median 3Y
-9.4
Median 5Y
-10.6
Industry
6.7
Forward
1.4
vs History
vs Industry
Median 3Y
-9.4
Median 5Y
-10.5
Industry
10
Forward
2.7
vs History
6
vs Industry
Median 3Y
-6.8
Median 5Y
-11.2
Industry
6.9
vs History
vs Industry
Median 3Y
-6.6
Median 5Y
-10.3
Industry
11.5
vs History
23
vs Industry
33
Median 3Y
0.4
Median 5Y
0.3
Industry
1

Multiples Across Competitors

AOI Competitors Multiples
Africa Oil Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Africa Oil Corp
TSX:AOI
1.1B CAD 10.8 -3.6 -51.6 -29.1
US
Conocophillips
NYSE:COP
115.3B USD 1.9 13.1 5.5 10.4
CN
CNOOC Ltd
SSE:600938
756.4B CNY 1.9 6.1 4.8 4.8
CA
Canadian Natural Resources Ltd
TSX:CNQ
92.7B CAD 2.4 13.9 5.8 10.7
US
EOG Resources Inc
NYSE:EOG
56.2B USD 2.5 10.2 5.1 8
US
Hess Corp
NYSE:HES
46.1B USD 3.7 20.7 8.2 13.4
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Diamondback Energy Inc
NASDAQ:FANG
42.8B USD 2.8 10.2 5.6 10.5
US
EQT Corp
NYSE:EQT
33.4B USD 4.2 18.8 7.9 15.7
US
Continental Resources Inc
F:C5L
25.8B EUR 3.4 8.5 4.9 6.7
AU
Woodside Energy Group Ltd
ASX:WDS
43.8B AUD 2.1 9.9 3.9 9.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Africa Oil Corp
TSX:AOI
Average EV/EBITDA: 5.7
Negative Multiple: -51.6
N/A N/A
US
Conocophillips
NYSE:COP
5.5
7%
0.8
CN
C
CNOOC Ltd
SSE:600938
4.8
12%
0.4
CA
Canadian Natural Resources Ltd
TSX:CNQ
5.8
5%
1.2
US
EOG Resources Inc
NYSE:EOG
5.1
5%
1
US
Hess Corp
NYSE:HES
8.2
8%
1
US
P
Pioneer Natural Resources Co
LSE:0KIX
5.4
4%
1.3
US
Diamondback Energy Inc
NASDAQ:FANG
5.6
13%
0.4
US
EQT Corp
NYSE:EQT
7.9
42%
0.2
US
C
Continental Resources Inc
F:C5L
4.9
N/A N/A
AU
Woodside Energy Group Ltd
ASX:WDS
3.9
-3%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Africa Oil Corp
TSX:AOI
Average EV/EBIT: 9.7
Negative Multiple: -29.1
N/A N/A
US
Conocophillips
NYSE:COP
10.4
7%
1.5
CN
C
CNOOC Ltd
SSE:600938
4.8
-3%
N/A
CA
Canadian Natural Resources Ltd
TSX:CNQ
10.7
0%
N/A
US
EOG Resources Inc
NYSE:EOG
8
-1%
N/A
US
Hess Corp
NYSE:HES
13.4
8%
1.7
US
P
Pioneer Natural Resources Co
LSE:0KIX
7.8
2%
3.9
US
Diamondback Energy Inc
NASDAQ:FANG
10.5
6%
1.7
US
EQT Corp
NYSE:EQT
15.7
141%
0.1
US
C
Continental Resources Inc
F:C5L
6.7
N/A N/A
AU
Woodside Energy Group Ltd
ASX:WDS
9.1
-7%
N/A