Company Valuation: Whitecap Resources Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,613 6,565 5,314 5,992 13,960 19,723 - -
Change - 42.34% -19.07% 12.77% 132.96% 41.29% - -
Enterprise Value (EV) 1 5,687 8,479 6,699 6,925 17,354 22,177 21,041 19,681
Change - 49.08% -20.99% 3.38% 150.58% 27.79% -5.12% -6.46%
P/E Ratio 2.54x 3.98x 6.08x 7.5x 11.6x 13.4x 13.1x 10.9x
PBR - - - - - - - -
PEG - -0.47x -0.1x -1.1x -0.4x 0.6x 6.11x 0.5x
Capitalization / Revenue 1.83x 1.37x 1.38x 1.52x 2.48x 2.23x 2.34x 2.32x
EV / Revenue 2.25x 1.77x 1.74x 1.76x 3.08x 2.5x 2.49x 2.31x
EV / EBITDA 5.01x 3.41x 3.17x 3.5x 5.21x 4.55x 4.33x 4.16x
EV / EBIT - - 5.33x 3.36x 5.01x 6.11x 6.08x 10.7x
EV / FCF 10.1x 6.09x - 13.8x 19.5x 9.45x 11x 10.1x
FCF Yield 9.93% 16.4% - 7.24% 5.12% 10.6% 9.08% 9.93%
Dividend per Share 2 0.2062 0.39 0.62 0.73 0.73 0.7299 0.73 0.7298
Rate of return 2.75% 3.63% 6.99% 7.16% 6.35% 4.47% 4.47% 4.47%
EPS 2 2.95 2.7 1.46 1.36 0.99 1.221 1.247 1.5
Distribution rate 6.99% 14.4% 42.5% 53.7% 73.7% 59.8% 58.6% 48.7%
Net sales 1 2,526 4,780 3,849 3,938 5,634 8,862 8,444 8,513
EBITDA 1 1,136 2,487 2,115 1,978 3,330 4,875 4,857 4,734
EBIT 1 - - 1,256 2,058 3,466 3,628 3,462 1,844
Net income 1 1,777 1,676 889 812.3 984.6 1,482 1,512 1,782
Net Debt 1 1,075 1,913 1,386 933.1 3,394 2,454 1,317 -42
Reference price 2 7.49 10.74 8.87 10.20 11.50 16.34 16.34 16.34
Nbr of stocks (in thousands) 615,823 611,304 599,058 587,476 1,213,890 1,207,062 - -
Announcement Date 24/02/22 22/02/23 21/02/24 19/02/25 23/02/26 - - -
1CAD in Million2CAD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.39x2.5x4.55x4.47% 14.13B
6.01x1.73x2.77x7.55% 156B
11.63x2.19x5.03x2.89% 143B
11.35x3.16x5.99x3.94% 94.47B
7.74x2.61x4.3x3.02% 72.78B
7.5x2.5x4.04x1.81% 56.24B
11.53x3.47x4.85x2.26% 54.05B
8.76x1.34x4.56x2.17% 52.91B
8.9x2.36x4.6x2.6% 52.26B
11.16x3.13x4.58x7.15% 41.88B
Average 9.80x 2.50x 4.53x 3.79% 73.76B
Weighted average by Cap. 9.30x 2.39x 4.42x 4.1%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation Whitecap Resources Inc.
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