Baytex Energy Corp
TSX:BTE

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Baytex Energy Corp
TSX:BTE
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Price: 4.19 CAD Market Closed
Market Cap: 3.2B CAD

Relative Value

The Relative Value of one BTE stock under the Base Case scenario is 4.63 CAD. Compared to the current market price of 4.19 CAD, Baytex Energy Corp is Undervalued by 9%.

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.

BTE Relative Value
Base Case
4.63 CAD
Undervaluation 9%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
65
vs Industry
60
Median 3Y
1.1
Median 5Y
1.2
Industry
1.4
Forward
1.2
vs History
6
vs Industry
23
Median 3Y
3.9
Median 5Y
3.2
Industry
12.2
Forward
13.2
vs History
69
vs Industry
53
Median 3Y
2.2
Median 5Y
2.8
Industry
5.2
vs History
vs Industry
9
Median 3Y
15.4
Median 5Y
6.3
Industry
11.2
vs History
74
vs Industry
61
Median 3Y
0.9
Median 5Y
1
Industry
1.3
vs History
69
vs Industry
51
Median 3Y
1.8
Median 5Y
2.2
Industry
2.1
Forward
1.9
vs History
69
vs Industry
68
Median 3Y
2.2
Median 5Y
2.8
Industry
5.2
vs History
65
vs Industry
49
Median 3Y
2.7
Median 5Y
3.3
Industry
6.7
Forward
2.8
vs History
31
vs Industry
35
Median 3Y
7.4
Median 5Y
6.6
Industry
10.1
Forward
11.2
vs History
74
vs Industry
50
Median 3Y
3.3
Median 5Y
4.4
Industry
7
vs History
47
vs Industry
29
Median 3Y
9.7
Median 5Y
12.3
Industry
11.6
vs History
68
vs Industry
53
Median 3Y
0.8
Median 5Y
0.8
Industry
1

Multiples Across Competitors

BTE Competitors Multiples
Baytex Energy 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
Baytex Energy Corp
TSX:BTE
3.2B CAD 1.1 15 2.7 8.5
US
Conocophillips
NYSE:COP
118.1B USD 2 13.4 5.6 10.6
CN
CNOOC Ltd
SSE:600938
776.9B CNY 1.9 6.3 4.9 4.9
CA
Canadian Natural Resources Ltd
TSX:CNQ
94.7B CAD 2.5 14.2 5.9 10.9
US
EOG Resources Inc
NYSE:EOG
58.7B USD 2.6 10.6 5.3 8.4
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
44.9B USD 2.9 10.8 5.8 10.9
US
EQT Corp
NYSE:EQT
34.7B USD 4.4 19.5 8.2 16.2
AU
Woodside Energy Group Ltd
ASX:WDS
47B AUD 2.3 10.6 4.1 9.6
US
Continental Resources Inc
F:C5L
25.8B EUR 3.4 8.5 4.9 6.7