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Kelt Exploration Ltd
TSX:KEL

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Kelt Exploration Ltd Logo
Kelt Exploration Ltd
TSX:KEL
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Price: 6.06 CAD -1.78% Market Closed
Updated: May 5, 2024

Relative Value

The Relative Value of one KEL stock under the Base Case scenario is 7.3 CAD. Compared to the current market price of 6.06 CAD, Kelt Exploration Ltd is Undervalued by 17%.

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.

KEL Relative Value
Base Case
7.3 CAD
Undervaluation 17%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
31
vs Industry
29
Median 3Y
2.8
Median 5Y
2.4
Industry
1.4
Forward
2.2
vs History
19
vs Industry
14
Median 3Y
9.9
Median 5Y
9.9
Industry
9
Forward
15.1
vs History
47
vs Industry
31
Median 3Y
4.6
Median 5Y
4.2
Industry
4.7
vs History
vs Industry
5
Median 3Y
-17.4
Median 5Y
-17
Industry
11.1
vs History
28
vs Industry
41
Median 3Y
1.2
Median 5Y
1
Industry
1.3
vs History
41
vs Industry
36
Median 3Y
2.7
Median 5Y
2.6
Industry
1.9
Forward
2.2
vs History
47
vs Industry
41
Median 3Y
4.3
Median 5Y
4.3
Industry
4.6
vs History
42
vs Industry
33
Median 3Y
4.6
Median 5Y
4.6
Industry
6
Forward
4
vs History
36
vs Industry
23
Median 3Y
7.4
Median 5Y
7.4
Industry
8.1
Forward
3.7
vs History
58
vs Industry
40
Median 3Y
4.6
Median 5Y
4.8
Industry
6.3
vs History
0
vs Industry
0
Median 3Y
-12.6
Median 5Y
-7.5
Industry
10.4
vs History
30
vs Industry
39
Median 3Y
1
Median 5Y
0.9
Industry
1.1

Multiples Across Competitors

KEL Competitors Multiples
Kelt Exploration Ltd 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
Kelt Exploration Ltd
TSX:KEL
1.2B CAD 2.7 13.7 4.7 9.4
US
Conocophillips
NYSE:COP
144B USD 2.6 13.2 6.7 10.4
CN
CNOOC Ltd
HKEX:883
965.6B HKD 2.1 7.2 4.7 4.7
CA
Canadian Natural Resources Ltd
TSX:CNQ
109.5B CAD 3 13.3 7.1 11.4
US
EOG Resources Inc
NYSE:EOG
75.5B USD 3.1 9.9 5.6 7.6
US
Pioneer Natural Resources Co
NYSE:PXD
63B USD 3.3 12.9 7.2 10.4
US
Hess Corp
NYSE:HES
48.9B USD 4.3 24.4 9.8 15.5
US
Diamondback Energy Inc
NASDAQ:FANG
36B USD 4.3 11.5 6.6 9.2
AU
Woodside Energy Group Ltd
ASX:WDS
51.8B AUD 2.4 20.6 4.1 7.3
US
Devon Energy Corp
NYSE:DVN
32.1B USD 2.1 8.6 5 7.5
US
Continental Resources Inc
NYSE:CLR
27B USD 3 7.6 4.4 6.1

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