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MEG Energy Corp
TSX:MEG

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MEG Energy Corp
TSX:MEG
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Price: 28.03 CAD 0.65% Market Closed
Updated: Jun 19, 2024
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Relative Value

The Relative Value of one MEG stock under the Base Case scenario is 25.2 CAD. Compared to the current market price of 28.03 CAD, MEG Energy Corp is Overvalued by 10%.

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
25.2 CAD
Overvaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
7
vs Industry
47
Median 3Y
1
Median 5Y
0.9
Industry
1.3
Forward
1.8
vs History
20
vs Industry
17
Median 3Y
11.6
Median 5Y
6.7
Industry
9.5
Forward
10.4
vs History
36
vs Industry
27
Median 3Y
5.3
Median 5Y
4.6
Industry
4.9
vs History
38
vs Industry
15
Median 3Y
19.7
Median 5Y
-2.6
Industry
10.9
vs History
6
vs Industry
27
Median 3Y
1.4
Median 5Y
0.9
Industry
1.3
vs History
38
vs Industry
51
Median 3Y
1.5
Median 5Y
1.5
Industry
1.9
Forward
2
vs History
34
vs Industry
42
Median 3Y
4.1
Median 5Y
4.1
Industry
4.5
vs History
44
vs Industry
30
Median 3Y
5.3
Median 5Y
5.5
Industry
5.7
Forward
5.2
vs History
38
vs Industry
23
Median 3Y
8.3
Median 5Y
8.3
Industry
8
Forward
12.4
vs History
66
vs Industry
31
Median 3Y
6.5
Median 5Y
7.5
Industry
6.4
vs History
58
vs Industry
28
Median 3Y
9.6
Median 5Y
10.1
Industry
10.9
vs History
6
vs Industry
27
Median 3Y
1.2
Median 5Y
0.9
Industry
1

Multiples Across Competitors

MEG Competitors Multiples
MEG 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
MEG Energy Corp
TSX:MEG
7.6B CAD 1.4 13 5.6 9.1
CN
CNOOC Ltd
HKEX:883
1.1T HKD 2.3 7.6 5.1 5.1
US
Conocophillips
NYSE:COP
128B USD 2.3 12.1 6 9.5
CA
Canadian Natural Resources Ltd
TSX:CNQ
101.2B CAD 2.8 13.6 6.8 11.3
US
EOG Resources Inc
NYSE:EOG
68.7B USD 2.8 9.3 5.1 7.1
US
Pioneer Natural Resources Co
NYSE:PXD
63B USD 3.3 12.9 7.2 10.4
US
Hess Corp
NYSE:HES
44.2B USD 3.9 22 8.9 14.1
AU
Woodside Energy Group Ltd
ASX:WDS
51.2B AUD 2.4 20.5 4.1 7.2
US
Diamondback Energy Inc
NASDAQ:FANG
33.7B USD 3.9 10.6 6.1 8.4
US
Devon Energy Corp
NYSE:DVN
28.9B USD 1.5 6.7 4 5.8
US
Continental Resources Inc
NYSE:CLR
27B USD 3 7.6 4.4 6.1

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