MEG Energy Corp
TSX:MEG

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MEG Energy Corp
TSX:MEG
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Price: 25.41 CAD 0.28% Market Closed
Market Cap: 6.5B CAD

Relative Value

The Relative Value of one MEG stock under the Base Case scenario is 26.49 CAD. Compared to the current market price of 25.41 CAD, MEG Energy Corp is Undervalued 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
26.49 CAD
Undervaluation 4%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
14
vs Industry
47
Median 3Y
1.2
Median 5Y
1
Industry
1.3
Forward
1.7
vs History
47
vs Industry
19
Median 3Y
11.4
Median 5Y
10.4
Industry
10.2
Forward
10.3
vs History
44
vs Industry
28
Median 3Y
4.6
Median 5Y
4.7
Industry
4.8
vs History
49
vs Industry
15
Median 3Y
17.8
Median 5Y
14.1
Industry
10
vs History
36
vs Industry
30
Median 3Y
1.4
Median 5Y
1.3
Industry
1.2
vs History
47
vs Industry
50
Median 3Y
1.4
Median 5Y
1.5
Industry
1.9
Forward
2
vs History
60
vs Industry
44
Median 3Y
3.9
Median 5Y
4.1
Industry
4.6
vs History
53
vs Industry
33
Median 3Y
4.9
Median 5Y
5
Industry
6
Forward
5.6
vs History
49
vs Industry
27
Median 3Y
7.7
Median 5Y
7.6
Industry
8.7
Forward
8.8
vs History
60
vs Industry
32
Median 3Y
5.3
Median 5Y
6.2
Industry
6.3
vs History
36
vs Industry
26
Median 3Y
8.4
Median 5Y
9.7
Industry
10.2
vs History
38
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
6.5B CAD 1.3 10.4 4.9 7.7
US
Conocophillips
NYSE:COP
110.1B USD 1.9 11.6 5.3 9.2
CN
CNOOC Ltd
SSE:600938
716.2B CNY 1.7 5.3 3.2 3.2
CA
Canadian Natural Resources Ltd
TSX:CNQ
90.7B CAD 2.4 12 5.9 9.6
US
EOG Resources Inc
NYSE:EOG
62.9B USD 2.7 10.3 4.9 7.4
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
42.1B USD 3.4 18.9 7.6 12.4
US
Diamondback Energy Inc
NASDAQ:FANG
40.4B USD 3.1 10.2 5.9 9.8
US
EQT Corp
NYSE:EQT
33.8B USD 6 91.4 15.9 127.9
US
Continental Resources Inc
F:C5L
25.8B EUR 3.3 8.3 4.8 6.6
US
Venture Global Inc
NYSE:VG
29B USD 5.4 31.5 22.8 29.4