# Parex Resources Inc. (PXT.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Energy / Oil, Gas & Consumable Fuels. Price C$28.76, market value C$2.8 billion.

## Valuation
- **P/E (trailing): 3.5×** (5-yr avg 8.4×, 3-yr avg 10.9×). Parex Resources Inc. trades at 3.5× trailing earnings, well below its own five-year average of 8.4×: cheap by its own standards. The Energy median in the September 2026 study was 16.8×. Forward P/E is 4.5×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 0.01**. A PEG of 0.01 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.8×**. Each dollar of revenue is priced at 1.8×.
- **Price / book: 0.8×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 2.4×**. Enterprise value is 2.4× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 9.8%** (5-yr avg 16.7%). Free cash flow equals 9.8% of the market value, below its five-year average of 16.7%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 28.7%**. The inverse of the P/E: 28.7% of the price is earned each year.

## Profitability
- **Gross margin: 39.4%**. Parex Resources Inc. keeps 39.4% of revenue after the direct cost of what it sells.
- **Operating margin: 26.5%**. 26.5% of revenue is left after running the business, an exceptional level.
- **Net margin: 29.0%**. 29.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 13.3%**. 13.3% on shareholders' equity is solid.
- **Return on invested capital: 16.1%**. Return on all capital, debt included, is 16.1%: comfortably above what that capital costs.
- **Return on assets: 24.6%**. Each dollar of assets produces 24.6% of profit.

## Growth
- **Revenue growth (1 yr): -17.4%** (3-yr -11.9%/yr, 5-yr 11.0%/yr). Revenue fell 17.4% over the last year, against 11.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 345.0%** (3-yr -20.8%/yr, 5-yr 30.3%/yr). Earnings per share rose 345.0%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -20.5%/yr**. Free cash flow has compounded at -20.5% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.02**. Debt is 0.02 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Parex Resources Inc. holds more cash than debt.
- **Interest coverage: 15.6×**. Operating profit covers interest 15.6× over, a safe margin.
- **Current ratio: 1.11** (quick 1.10). Current assets cover the next year's liabilities 1.11 times.
- **Altman Z-score: 6.20**. A Z-score of 6.20 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 5.35%** (C$1.54 per share, trailing). Parex Resources Inc. yields 5.35%, an income-level yield.
- **Payout ratio: 42%** (55% of free cash flow). 42% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 5**. 5 straight years of increases.

## Analyst view
- **Analyst consensus: buy** (6 analysts). 6 analysts cover Parex Resources Inc.; the consensus is buy, with an average price target of C$31.08 (+8% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 76.9%** (YTD 60.5%, 3-mo 10.5%). The shares are up 76.9% over twelve months including dividends.
- **From 52-week high: -4.8%** (72.1% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 66**. An RSI of 66 is neutral.
- **Beta (1 yr): -0.02** (volatility 40%). Beta of -0.02 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PXT.TO · Page: https://foliofundamentals.com/stocks/pxt.to

Not investment advice.