MEG Energy Corp
TSX:MEG

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MEG Energy Corp
TSX:MEG
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Price: 25.29 CAD 18.73% Market Closed
Market Cap: 6.4B CAD

Relative Value

The Relative Value of one MEG stock under the Base Case scenario is 24.22 CAD. Compared to the current market price of 25.29 CAD, MEG Energy Corp is Overvalued by 4%.

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.

MEG Relative Value
Base Case
24.22 CAD
Overvaluation 4%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
39
vs Industry
47
Median 3Y
1.2
Median 5Y
1
Industry
1.3
Forward
1.7
vs History
57
vs Industry
19
Median 3Y
11.4
Median 5Y
10.4
Industry
10.4
Forward
10.3
vs History
63
vs Industry
28
Median 3Y
4.6
Median 5Y
4.6
Industry
4.9
vs History
53
vs Industry
15
Median 3Y
18.4
Median 5Y
14
Industry
10.1
vs History
60
vs Industry
30
Median 3Y
1.4
Median 5Y
1.3
Industry
1.1
vs History
82
vs Industry
50
Median 3Y
1.4
Median 5Y
1.5
Industry
1.8
Forward
1.9
vs History
80
vs Industry
44
Median 3Y
3.8
Median 5Y
4.1
Industry
4.6
vs History
73
vs Industry
33
Median 3Y
4.8
Median 5Y
5.1
Industry
6.1
Forward
5.1
vs History
53
vs Industry
27
Median 3Y
7.7
Median 5Y
7.6
Industry
8.6
Forward
10
vs History
79
vs Industry
32
Median 3Y
5.3
Median 5Y
6.2
Industry
6.5
vs History
55
vs Industry
26
Median 3Y
8.4
Median 5Y
9.4
Industry
10.8
vs History
60
vs Industry
29
Median 3Y
1.2
Median 5Y
1.1
Industry
0.9

Multiples Across Competitors

MEG Competitors Multiples
MEG Energy Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
MEG Energy Corp
TSX:MEG
6.4B CAD 1.3 10.4 4.9 7.6
US
Conocophillips
NYSE:COP
116.7B USD 2 12.3 5.6 9.7
CN
CNOOC Ltd
SSE:600938
686.3B CNY 1.7 5.1 3 3
CA
Canadian Natural Resources Ltd
TSX:CNQ
90B CAD 2.3 11.9 5.9 9.5
US
EOG Resources Inc
NYSE:EOG
63.7B USD 2.7 10.5 5 7.5
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
41.7B USD 3.3 18.7 7.5 12.3
US
Diamondback Energy Inc
NASDAQ:FANG
41.1B USD 3.7 12.4 7 11.3
US
EQT Corp
NYSE:EQT
33.4B USD 6 90.6 15.7 126.7
US
Texas Pacific Land Corp
NYSE:TPL
32.9B USD 46.6 72.4 57.6 60.3
US
Continental Resources Inc
F:C5L
25.8B EUR 3.3 8.1 4.7 6.4