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Parex Resources (TSX:PXT) EV-to-FCF : 65.33 (As of Apr. 26, 2024)


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What is Parex Resources EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Parex Resources's Enterprise Value is C$2,452 Mil. Parex Resources's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was C$38 Mil. Therefore, Parex Resources's EV-to-FCF for today is 65.33.

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

TSX:PXT' s EV-to-FCF Range Over the Past 10 Years
Min: -137.42   Med: 10.36   Max: 143.59
Current: 63.7

During the past 13 years, the highest EV-to-FCF of Parex Resources was 143.59. The lowest was -137.42. And the median was 10.36.

TSX:PXT's EV-to-FCF is ranked worse than
90.51% of 611 companies
in the Oil & Gas industry
Industry Median: 12.21 vs TSX:PXT: 63.70

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 (2024-04-26), Parex Resources's stock price is C$24.33. Parex Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$5.809. Therefore, Parex Resources's PE Ratio for today is 4.19.


Parex Resources EV-to-FCF Historical Data

The historical data trend for Parex Resources'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.

Parex Resources EV-to-FCF Chart

Parex Resources 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 10.31 8.44 5.22 2.66 72.24

Parex Resources 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 2.66 4.30 18.97 131.95 72.24

Competitive Comparison of Parex Resources's EV-to-FCF

For the Oil & Gas E&P subindustry, Parex Resources'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.


Parex Resources's EV-to-FCF Distribution in the Oil & Gas Industry

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

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



Parex Resources EV-to-FCF Calculation

Parex Resources's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2452.461/37.539
=65.33

Parex Resources's current Enterprise Value is C$2,452 Mil.
Parex Resources'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$38 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.


Parex Resources  (TSX:PXT) 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.

Parex Resources's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=24.33/5.809
=4.19

Parex Resources's share price for today is C$24.33.
Parex Resources'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$5.809.

* 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.


Parex Resources EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Parex Resources's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Parex Resources (TSX:PXT) Business Description

Traded in Other Exchanges
Address
2700 Eighth Avenue Place, West Tower, 585 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1
Parex Resources Inc engages in exploration, development, and production of crude oil. The company brings technology utilized in the Western Canada Sedimentary Basin to South American basins with large oil-in-place potential. Majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. Parex depends on a team of geologists and geophysicists, in partnership with technologies such as 3D seismic surveying, to help exploration efforts. Oil production is sold to a small basket of participants in South and North America.

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