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MEG Energy (TSX:MEG) EV-to-FCF : 10.68 (As of May. 04, 2024)


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What is MEG Energy EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, MEG Energy's Enterprise Value is C$9,611 Mil. MEG Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was C$900 Mil. Therefore, MEG Energy's EV-to-FCF for today is 10.68.

The historical rank and industry rank for MEG Energy's EV-to-FCF or its related term are showing as below:

TSX:MEG' s EV-to-FCF Range Over the Past 10 Years
Min: -617.16   Med: -6.09   Max: 119.48
Current: 10.68

During the past 13 years, the highest EV-to-FCF of MEG Energy was 119.48. The lowest was -617.16. And the median was -6.09.

TSX:MEG's EV-to-FCF is ranked better than
55.7% of 614 companies
in the Oil & Gas industry
Industry Median: 12.555 vs TSX:MEG: 10.68

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-04), MEG Energy's stock price is C$30.77. MEG Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.980. Therefore, MEG Energy's PE Ratio for today is 15.54.


MEG Energy EV-to-FCF Historical Data

The historical data trend for MEG Energy's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MEG Energy EV-to-FCF Chart

MEG Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.50 28.96 17.43 4.71 8.58

MEG Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.71 5.61 7.59 10.04 8.58

Competitive Comparison of MEG Energy's EV-to-FCF

For the Oil & Gas E&P subindustry, MEG Energy's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MEG Energy's EV-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MEG Energy's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where MEG Energy's EV-to-FCF falls into.



MEG Energy EV-to-FCF Calculation

MEG Energy's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=9611.024/900
=10.68

MEG Energy's current Enterprise Value is C$9,611 Mil.
MEG Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$900 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MEG Energy  (TSX:MEG) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

MEG Energy's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=30.77/1.980
=15.54

MEG Energy's share price for today is C$30.77.
MEG Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.980.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


MEG Energy EV-to-FCF Related Terms

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MEG Energy (TSX:MEG) Business Description

Traded in Other Exchanges
Address
600 - 3rd Avenue South West, 21st Floor Mail Room, Calgary, AB, CAN, T2P 0G5
MEG Energy Corp is an energy company focused on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. MEG transports and sells thermal oil (known as Access Western Blend or AWB) to customers throughout North America and internationally.
Executives
David Michael Granger Senior Officer