Parex Resources Inc
TSX:PXT

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Parex Resources Inc
TSX:PXT
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Price: 16.05 CAD 1.78% Market Closed
Market Cap: 1.6B CAD

Relative Value

The Relative Value of one PXT stock under the Base Case scenario is 17.32 CAD. Compared to the current market price of 16.05 CAD, Parex Resources Inc is Undervalued by 7%.

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.

PXT Relative Value
Base Case
17.32 CAD
Undervaluation 7%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
76
vs Industry
57
Median 3Y
1.3
Median 5Y
1.7
Industry
1.3
Forward
1.2
vs History
28
vs Industry
15
Median 3Y
4
Median 5Y
5.7
Industry
11
Forward
14.3
vs History
66
vs Industry
51
Median 3Y
2.3
Median 5Y
3.7
Industry
4.9
vs History
34
vs Industry
33
Median 3Y
5
Median 5Y
6.9
Industry
10.7
vs History
79
vs Industry
64
Median 3Y
0.9
Median 5Y
1.1
Industry
1.2
vs History
68
vs Industry
63
Median 3Y
1.1
Median 5Y
1.5
Industry
2
Forward
1.1
vs History
63
vs Industry
76
Median 3Y
1.4
Median 5Y
1.8
Industry
4.8
vs History
28
vs Industry
53
Median 3Y
1.9
Median 5Y
2.4
Industry
6.3
Forward
2
vs History
9
vs Industry
49
Median 3Y
2.6
Median 5Y
3.1
Industry
9.1
Forward
2.7
vs History
60
vs Industry
54
Median 3Y
2
Median 5Y
3.1
Industry
6.5
vs History
46
vs Industry
37
Median 3Y
3.9
Median 5Y
5.8
Industry
10.9
vs History
79
vs Industry
65
Median 3Y
0.8
Median 5Y
1
Industry
1

Multiples Across Competitors

PXT Competitors Multiples
Parex Resources Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Parex Resources Inc
TSX:PXT
1.6B CAD 1.2 8.9 2.6 5.3
US
Conocophillips
NYSE:COP
117.4B USD 2 12.8 5.8 10.6
CN
CNOOC Ltd
SSE:600938
698.1B CNY 1.7 5.2 3.1 3.1
US
EOG Resources Inc
NYSE:EOG
64.3B USD 2.8 11.2 5.3 8.1
CA
Canadian Natural Resources Ltd
TSX:CNQ
86B CAD 2.3 10.3 5.7 9.5
US
Hess Corp
NYSE:HES
46.1B USD 3.7 20.7 8.2 13.4
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Diamondback Energy Inc
NASDAQ:FANG
40.6B USD 2.9 10.6 5.8 10.5
AU
Woodside Energy Group Ltd
ASX:WDS
50.1B AUD 2.5 9.1 4 8
US
Continental Resources Inc
F:C5L
25.8B EUR 3.4 8.4 4.9 6.7
US
EQT Corp
NYSE:EQT
30.2B USD 4.2 26.4 9 21.5