Ranger Oil Corporation

NasdaqGS:ROCC Stock Report

Market Cap: US$1.6b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Ranger Oil Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • 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 ROCC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ROCC ($37.47) is trading below our estimate of fair value ($108.75)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ROCC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.8x
Enterprise Value/EBITDA2.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ROCC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.2x
CPE Callon Petroleum
5.9x3.2%US$2.4b
KRP Kimbell Royalty Partners
19x17.6%US$1.5b
PBT Permian Basin Royalty Trust
19.9xn/aUS$567.7m
DMLP Dorchester Minerals
12xn/aUS$1.4b
ROCC Ranger Oil
2.5xn/aUS$1.6b

Price-To-Earnings vs Peers: ROCC is good value based on its Price-To-Earnings Ratio (2.5x) compared to the peer average (9.8x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a0.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a0.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: ROCC is good value based on its Price-To-Earnings Ratio (2.5x) compared to the US Oil and Gas industry average (5.4x)


Price to Earnings Ratio vs Fair Ratio

What is ROCC'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.

ROCC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ROCC's Price-To-Earnings Fair Ratio for valuation analysis.


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 ROCC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$51.67
0%
10.5%US$56.00US$44.00n/a3
Apr ’25n/a
US$51.67
0%
10.5%US$56.00US$44.00n/a3
Mar ’25n/a
US$51.67
0%
10.5%US$56.00US$44.00n/a3
Feb ’25n/a
US$51.67
0%
10.5%US$56.00US$44.00n/a3
Jan ’25n/a
US$51.67
0%
10.5%US$56.00US$44.00n/a3
Dec ’24n/a
US$51.67
0%
10.5%US$56.00US$44.00n/a3
Nov ’24n/a
US$51.67
0%
10.5%US$56.00US$44.00n/a3
Oct ’24n/a
US$51.67
0%
10.5%US$56.00US$44.00n/a3
Sep ’24n/a
US$51.67
0%
10.5%US$56.00US$44.00n/a3
Aug ’24n/a
US$51.67
0%
10.5%US$56.00US$44.00n/a3
Jul ’24n/a
US$51.67
0%
10.5%US$56.00US$44.00n/a3
Jun ’24US$37.83
US$49.50
+30.8%
12.2%US$56.00US$43.00n/a4
May ’24US$41.03
US$50.50
+23.1%
14.3%US$60.00US$43.00n/a4
Apr ’24US$40.84
US$47.75
+16.9%
10.0%US$55.00US$43.00n/a4
Mar ’24US$42.28
US$58.40
+38.1%
13.6%US$74.00US$52.00n/a5
Feb ’24US$41.80
US$58.00
+38.8%
14.0%US$74.00US$52.00n/a5
Jan ’24US$40.43
US$58.00
+43.5%
14.0%US$74.00US$52.00n/a5
Dec ’23US$41.84
US$58.80
+40.5%
12.3%US$73.00US$53.00n/a5
Nov ’23US$41.09
US$55.00
+33.9%
19.2%US$73.00US$40.00n/a5
Oct ’23US$31.45
US$61.20
+94.6%
14.6%US$73.00US$52.00n/a5
Sep ’23US$37.64
US$59.60
+58.3%
12.1%US$71.00US$52.00n/a5
Aug ’23US$37.23
US$58.20
+56.3%
14.6%US$71.00US$48.00n/a5
Jul ’23US$32.40
US$60.80
+87.7%
11.6%US$68.00US$50.00n/a5
Jun ’23US$46.10
US$56.80
+23.2%
15.7%US$66.00US$43.00US$37.835
May ’23US$31.85
US$55.40
+73.9%
14.2%US$65.00US$43.00US$41.035
Apr ’23US$36.92
US$54.00
+46.3%
14.0%US$65.00US$43.00US$40.845

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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