Headwater Exploration Inc
TSX:HWX

Watchlist Manager
Headwater Exploration Inc Logo
Headwater Exploration Inc
TSX:HWX
Watchlist
Price: 6.71 CAD -0.15% Market Closed
Market Cap: 1.6B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one HWX stock under the Base Case scenario is 6.79 CAD. Compared to the current market price of 6.71 CAD, Headwater Exploration Inc is Undervalued by 1%.

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.

HWX Relative Value
Base Case
6.79 CAD
Undervaluation 1%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

3
P/S
P/S
Price to Sales
3
vs History
93
vs Industry
27
Median 3Y
3.9
Median 5Y
4.2
Industry
1.3
Forward
2.7
More Details
8
P/E
P/E
Price to Earnings
8
vs History
80
vs Industry
29
Median 3Y
9.2
Median 5Y
9.7
Industry
10.7
Forward
5.8
More Details
4.8
P/OCF
P/OCF
Price to OCF
4.8
vs History
87
vs Industry
29
Median 3Y
5.2
Median 5Y
6.1
Industry
4.9
More Details
14.4
P/FCFE
P/FCFE
Price to FCFE
14.4
vs History
55
vs Industry
20
Median 3Y
23.7
Median 5Y
16.8
Industry
10.4
More Details
2.2
P/B
P/B
Price to Book Value
2.2
vs History
77
vs Industry
17
Median 3Y
2.6
Median 5Y
2.7
Industry
1.2
More Details
2.7
EV/S
EV/S
Enterprise Value to Sales
2.7
vs History
92
vs Industry
33
Median 3Y
3.4
Median 5Y
3.9
Industry
1.9
Forward
2.4
More Details
3
EV/GP
EV/GP
Enterprise Value to Gross Profit
3
vs History
92
vs Industry
50
Median 3Y
3.7
Median 5Y
4.3
Industry
4.7
More Details
3.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
3.8
vs History
74
vs Industry
38
Median 3Y
4.5
Median 5Y
4.5
Industry
6.2
Forward
3.9
More Details
5.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
5.6
vs History
74
vs Industry
34
Median 3Y
6.6
Median 5Y
7
Industry
8.9
Forward
5.1
More Details
4.4
EV/OCF
EV/OCF
Enterprise Value to OCF
4.4
vs History
80
vs Industry
39
Median 3Y
4.7
Median 5Y
5.6
Industry
6.5
More Details
13.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
13.2
vs History
55
vs Industry
23
Median 3Y
21.1
Median 5Y
15.2
Industry
10.5
More Details
1.9
EV/IC
EV/IC
Enterprise Value to IC
1.9
vs History
80
vs Industry
17
Median 3Y
2.5
Median 5Y
2.6
Industry
1
More Details

Multiples Across Competitors

HWX Competitors Multiples
Headwater Exploration Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Headwater Exploration Inc
TSX:HWX
1.6B CAD 3 8 3.8 5.6
US
Conocophillips
NYSE:COP
118.3B USD 2.1 12.4 5.6 9.8
CN
CNOOC Ltd
SSE:600938
719.2B CNY 1.7 5.3 3.2 3.2
CA
Canadian Natural Resources Ltd
TSX:CNQ
91.8B CAD 2.4 12.1 6 9.7
US
EOG Resources Inc
NYSE:EOG
67.9B USD 2.9 11.2 5.3 8
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
44.5B USD 3.6 20 7.9 13
US
Diamondback Energy Inc
NASDAQ:FANG
40.5B USD 3.1 10.2 5.9 9.8
US
Venture Global Inc
NYSE:VG
40.5B USD 7.6 44 27.6 35.6
US
EQT Corp
NYSE:EQT
33.1B USD 5.9 89.7 15.6 125.7
US
Continental Resources Inc
F:C5L
25.8B EUR 3.4 8.5 4.9 6.7

See Also

Summary
HWX intrinsic value, competitors valuation, and company profile.
DCF Valuation
HWX stock valuation using Discount Cash Flow valuation method.
Relative Valuation
HWX stock valuation using valuation multiples.
Wall Street Estimates
HWX price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
HWX stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 265,800+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.