Range Resources Corporation

DB:RAX Stock Report

Market Cap: €8.8b

Range Resources Valuation

Is RAX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of RAX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€71.38
Fair Value
49.7% undervalued intrinsic discount
26
Number of Analysts

Below Fair Value: RAX (€35.87) is trading below our estimate of fair value (€71.38)

Significantly Below Fair Value: RAX is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RAX?

Key metric: As RAX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for RAX. This is calculated by dividing RAX's market cap by their current earnings.
What is RAX's PE Ratio?
PE Ratio18.9x
EarningsUS$476.51m
Market CapUS$9.08b

Price to Earnings Ratio vs Peers

How does RAX's PE Ratio compare to its peers?

The above table shows the PE ratio for RAX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.1x
DR0 Deutsche Rohstoff
3.1x-9.0%€180.0m
CE2 CropEnergies
84xn/a€1.2b
APA APA
3.6x-7.2%US$8.0b
ARX ARC Resources
13.6x22.3%CA$14.6b
RAX Range Resources
18.9x15.9%€9.1b

Price-To-Earnings vs Peers: RAX is good value based on its Price-To-Earnings Ratio (18.9x) compared to the peer average (26.1x).

Price to Earnings Ratio vs Industry

How does RAX's PE Ratio compare vs other companies in the European Oil and Gas Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
RAX 18.9xIndustry Avg. 9.0xNo. of Companies17PE0612182430+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RAX is expensive based on its Price-To-Earnings Ratio (18.9x) compared to the European Oil and Gas industry average (8.9x).

Price to Earnings Ratio vs Fair Ratio

What is RAX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RAX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.9x
Fair PE Ratio20.8x

Price-To-Earnings vs Fair Ratio: RAX is good value based on its Price-To-Earnings Ratio (18.9x) compared to the estimated Fair Price-To-Earnings Ratio (20.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst RAX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€35.87
€38.18
+6.4%
15.9%€45.34€21.71n/a26
Feb ’26€35.82
€38.01
+6.1%
15.9%€45.14€21.61n/a26
Jan ’26€33.00
€33.70
+2.1%
14.7%€42.91€21.10n/a25
Dec ’25€33.34
€32.65
-2.1%
15.3%€42.88€21.09n/a25
Nov ’25€27.37
€31.23
+14.1%
14.9%€41.60€20.46n/a25
Oct ’25€27.72
€30.95
+11.6%
17.0%€40.65€18.97n/a24
Sep ’25€26.88
€32.39
+20.5%
17.9%€43.19€18.89n/a24
Aug ’25€28.64
€34.67
+21.1%
15.1%€44.35€19.40n/a24
Jul ’25€30.97
€35.34
+14.1%
14.3%€44.85€20.56n/a24
Jun ’25€33.55
€34.98
+4.3%
14.4%€44.25€20.28n/a25
May ’25€34.49
€35.02
+1.5%
13.8%€44.89€20.58n/a27
Apr ’25€31.49
€31.37
-0.4%
15.2%€40.79€20.39n/a25
Mar ’25€29.00
€31.24
+7.7%
14.7%€39.74€20.33n/a26
Feb ’25€26.68
€31.36
+17.5%
15.3%€39.61€20.27€35.8226
Jan ’25€27.57
€32.82
+19.0%
18.8%€44.81€19.20€33.0027
Dec ’24€29.55
€33.89
+14.7%
17.7%€45.02€19.29€33.3427
Nov ’24€33.62
€34.68
+3.2%
18.0%€46.30€19.84€27.3727
Oct ’24€30.67
€33.18
+8.2%
19.3%€46.35€18.92€27.7225
Sep ’24€29.63
€31.93
+7.8%
18.7%€45.49€18.57€26.8825
Aug ’24€28.22
€30.23
+7.1%
19.4%€43.65€18.19€28.6425
Jul ’24€26.79
€29.46
+10.0%
19.5%€44.46€18.53€30.9725
Jun ’24€25.47
€29.67
+16.5%
19.6%€44.79€18.66€33.5525
May ’24€22.58
€28.61
+26.7%
20.4%€45.36€18.14€34.4926
Apr ’24€22.83
€29.37
+28.6%
20.2%€41.69€18.53€31.4923
Mar ’24€25.25
€29.73
+17.7%
20.6%€45.02€18.76€29.0023
Feb ’24€22.84
€29.81
+30.5%
22.5%€48.25€16.39€26.6824
Analyst Price Target
Consensus Narrative from 26 Analysts
€38.11
Fair Value
5.9% undervalued intrinsic discount
26
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 11:32
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Range Resources Corporation is covered by 78 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel KatzenbergBaird
Ishan MajumdarBaptista Research
Thomas DriscollBarclays