Parex Resources Inc.

OTCPK:PARX.F Stock Report

Market Cap: US$1.1b

Parex Resources Valuation

Is PARX.F 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 PARX.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PARX.F ($10.79) is trading below our estimate of fair value ($12.28)

Significantly Below Fair Value: PARX.F is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PARX.F?

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

The above table shows the Price to Earnings ratio for PARX.F. This is calculated by dividing PARX.F's market cap by their current earnings.
What is PARX.F's PE Ratio?
PE Ratio4x
EarningsUS$263.51m
Market CapUS$1.06b

Price to Earnings Ratio vs Peers

How does PARX.F's PE Ratio compare to its peers?

The above table shows the PE ratio for PARX.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.1x
VTLE Vital Energy
2.6x-18.3%US$1.2b
SBR Sabine Royalty Trust
10xn/aUS$947.7m
VTS Vitesse Energy
18x-20.5%US$829.6m
GRNT Granite Ridge Resources
17.7x35.6%US$843.3m
PARX.F Parex Resources
4x-36.7%US$1.5b

Price-To-Earnings vs Peers: PARX.F is good value based on its Price-To-Earnings Ratio (4x) compared to the peer average (12.1x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
BYRO.F Byron Energy
0.03x-10.3%US$312.17k
USOP.Y U.S. Oil and Gas
n/an/aUS$6.00
No more companies available in this PE range
PARX.F 4.0xIndustry Avg. 11.6xNo. of Companies20PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PARX.F is good value based on its Price-To-Earnings Ratio (4x) compared to the US Oil and Gas industry average (11.6x).

Price to Earnings Ratio vs Fair Ratio

What is PARX.F'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.

PARX.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4x
Fair PE Ratio4.8x

Price-To-Earnings vs Fair Ratio: PARX.F is good value based on its Price-To-Earnings Ratio (4x) compared to the estimated Fair Price-To-Earnings Ratio (4.8x).

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 PARX.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$10.79
US$11.73
+8.7%
9.9%US$13.86US$9.95n/a7
Nov ’25US$9.21
US$12.54
+36.2%
20.4%US$17.91US$9.31n/a7
Oct ’25US$9.17
US$12.99
+41.7%
18.9%US$18.44US$9.59n/a9
Sep ’25US$10.03
US$15.07
+50.3%
22.0%US$22.26US$11.87n/a8
Aug ’25US$13.33
US$21.04
+57.9%
10.5%US$23.79US$17.16n/a8
Jul ’25US$15.97
US$22.26
+39.4%
8.1%US$24.09US$19.71n/a8
Jun ’25US$16.20
US$22.15
+36.7%
7.5%US$24.04US$19.67n/a10
May ’25US$17.20
US$22.26
+29.4%
7.6%US$24.08US$19.70n/a10
Apr ’25US$16.13
US$22.43
+39.1%
7.8%US$24.52US$20.06n/a10
Mar ’25US$15.12
US$23.47
+55.2%
16.5%US$33.93US$19.91n/a10
Feb ’25US$16.39
US$24.48
+49.4%
14.4%US$34.21US$20.23n/a10
Jan ’25US$18.84
US$26.90
+42.8%
13.8%US$34.49US$21.52n/a10
Dec ’24US$20.21
US$25.88
+28.0%
13.3%US$33.34US$20.80US$10.7911
Nov ’24US$19.16
US$25.62
+33.7%
14.1%US$33.26US$20.75US$9.2111
Oct ’24US$18.75
US$26.18
+39.6%
14.3%US$33.87US$21.06US$9.1711
Sep ’24US$19.42
US$27.23
+40.2%
12.5%US$34.92US$22.77US$10.0312
Aug ’24US$21.60
US$27.23
+26.1%
12.5%US$34.92US$22.77US$13.3312
Jul ’24US$19.94
US$26.48
+32.8%
12.8%US$34.71US$21.88US$15.9711
Jun ’24US$20.78
US$26.08
+25.5%
14.4%US$35.31US$21.33US$16.2011
May ’24US$20.46
US$26.09
+27.5%
15.5%US$35.46US$20.68US$17.2011
Apr ’24US$18.49
US$24.15
+30.7%
18.1%US$34.70US$18.80US$16.1311
Mar ’24US$17.43
US$25.51
+46.3%
23.1%US$40.29US$19.40US$15.1211
Feb ’24US$17.15
US$25.45
+48.4%
24.1%US$40.64US$18.06US$16.3911
Jan ’24US$14.87
US$25.23
+69.7%
25.4%US$39.83US$17.70US$18.8410
Dec ’23US$14.12
US$26.13
+85.1%
24.3%US$40.44US$17.97US$20.2110

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

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