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PXT.TO (PXT) Fair Value & Analysis

Energy · CA · Market cap C$2.2B (≈ $1.6B) · ISIN CA69946Q1046

What is PXT.TO really worth?

PT PXT.TO PXT · TO
PriceC$28.91
Fair ValueC$28.80
Upside−0.4%
Quality66/100

A solid business, currently priced close to our fair value of C$28.80.

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Strengths

Highly profitable · 20.8% net margin
Low debt · generates free cash flow
Ranks above peers (12/15)

Risks

!Weak Growth (revenue 5y +11.0 %/yr)
!Moderate moat 58/100
!The models disagree: range C$21.66 to C$65.21

For context

·5.33% dividend yield
Evidence: High Range C$21.66 – C$65.21

Fair value as of: Sep 2, 2026

From 26 valuation models · updated 2 days ago

Share price +23.1% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The model range is unusually wide (C$21.66 to C$65.21). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.

Price vs Fair Value (5 years)

C$29.64 C$9.57 Fair Value C$28.80 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 2, 2026.

How to read this chart

60‑month range C$9.57 – C$29.64 · fair‑value band C$21.66 – C$65.21 · the C$28.91 price screens above the C$28.80 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 2, 2026.

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Analysis

PXT.TO (PXT) currently trades at C$28.91, while our model-based Fair Value estimate is C$28.80, implying the stock looks roughly 0.4% fairly valued today. The Quality Score stands at 66/100 (solid quality), in the Energy sector. Bull case: the Growth Earnings group reads highest at a median of C$110.70 per share, and 16 of the 26 models we run sit above the C$28.91 price. Bear case: the Asset-Based group reads lowest at C$13.58, and 10 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, PXT.TO generated revenue of C$861M at a net margin of 20.8%. Revenue declined 11.5% year over year. It earns a return on equity of 9.4%. The balance sheet holds a net cash position of C$21.6M. Fundamentals as of Sep 2, 2026

Our scenario range runs from C$21.66 (bear case) to C$65.21 (bull case); at C$28.91, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 4% below its 52-week high and 122% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at −35% fair-value upside, at 0%, PXT screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly C$0.6970 per share, which is 2.4 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EPV C$21.15 C$24.44 C$27.28 74
FCF DCF C$38.04 C$58.39 C$121.85 73
Growth DCF C$35.74 C$67.74 C$119.29 73
All 26 models by family
DCF Models
FCF DCF C$38.04 C$58.39 C$121.85 73
Owner Earnings C$41.79 C$92.23 C$194.23 68
5Y Revenue Exit C$17.29 C$25.53 C$42.43 69
5Y EBITDA Exit C$26.92 C$45.00 C$80.36 70
5Y P/E Exit C$32.02 C$68.79 C$118.49 65
10Y Revenue Exit C$23.47 C$41.46 C$49.91 65
10Y EBITDA Exit C$30.68 C$61.72 C$113.89 63
10Y P/E Exit C$34.31 C$72.45 C$134.17 58
Earnings-Based
Graham-Dodd C$18.35 C$127.97 C$179.59 61
Lynch FV C$66.11 C$94.45 C$122.78 59
PEG = 1.0 C$66.11 C$94.45 C$122.78 55
EPV C$21.15 C$24.44 C$27.28 74
Dividend Discount
Gordon GGM C$10.00 C$19.93 C$30.19 64
DDM Multi-Stage C$10.00 C$17.23 C$21.04 65
Multiples
P/E Multiple C$28.33 C$37.78 C$47.22 63
P/S Multiple C$8.39 C$11.18 C$13.98 58
P/B Multiple C$27.36 C$36.48 C$45.60 55
EV/EBIT C$19.41 C$25.78 C$32.14 66
EV/EBITDA C$21.75 C$28.89 C$36.04 67
EV/Revenue C$8.15 C$11.50 C$14.86 54
Asset-Based
NCAV (Graham) C$10.13 C$13.58 C$20.27 54
Growth DCF
Growth DCF C$35.74 C$67.74 C$119.29 73
Rev-Margin DCF C$18.81 C$29.23 C$51.36 68
Economic Profit
Residual Income C$19.14 C$23.23 C$49.77 69
ROIC Compounder C$22.35 C$30.92 C$39.19 70
Growth Earnings
Growth-Adj P/E C$77.49 C$110.70 C$143.90 65

Widest divergence: Growth Earnings (C$110.70) versus Asset-Based (C$13.58). Highest evidence: EPV (74).

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Key figures & financial health

P/E ratio 11.0
P/S ratio 3.18 P/E × margin
EPS (TTM) C$2.63 price ÷ EPS = P/E 11.0
Dividend yield 5.3% payout 58.6%
Net margin 29.0% FY2025
Return on equity 9.4% TTM
More key figures
Profitability
Return on assets (EBIT) 24.8% avg 5y
Operating margin 15.6% TTM
Growth
Revenue (TTM) C$861M TTM
Revenue growth (YoY) −11.5% 3y avg −11.9%
EPS growth (YoY) −94.2%
Balance sheet & cash flow
Free cash flow C$228M FY2025
Net cash C$21.6M FY2025

Figures from reported company fundamentals · as of Sep 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 67 · Market factors (momentum, volatility) 81

Profitability 54
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 77
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 78
Price trend over the last 3–12 months (market factor)
52W Momentum 97
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. Its principal land holdings and exploration blocks are located in the Llanos Basin, Magdalena Basin, and Putumayo Basin. The company was incorporated in 2009 and is headquartered in Calgary, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PXT.TO reported revenue of C$896M in FY2025 versus C$900M in FY2021, a compound −0.1%/yr. Reported net income was C$260M in FY2025, compounding −3.8%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
C$896M
Latest YoY
−17.4%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−11.9%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.0%
Avg. revenue growth/yr (16Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+80.1%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+9.2% (3.9 + 5.3)
Revenue −0.1%/yr
FY21 C$900M
FY22 C$1.3B
FY23 C$1.2B
FY24 C$1.1B
FY25 C$896M
Net income −3.8%/yr
FY21 C$303M
FY22 C$611M
FY23 C$459M
FY24 C$60.7M
FY25 C$260M

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Cite: Fair Value Calculator (2026). "PXT.TO Fair Value". https://www.fairvalue-calculator.com/stock/PXT

Peer Group

Oil & Gas E&P · 296 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 66 · Top 25%
Fair Value upside 0% · Above median
Return on equity (TTM) 9% · Above median
Return on assets 5% · Above median
Net margin (TTM) 21% · Top 25%
Operating margin (TTM) 16% · Below median
Revenue growth −12% · Below median
Dividend yield (TTM) 5.3% · Above median
Debt / equity 0.02× · Lower than 75% of peers

Valuation Multiples vs Oil & Gas E&P median · lower = cheaper

P/E (TTM) 11.0× · Cheaper than median
P/B 0.83× · Cheaper than median
P/S (TTM) 1.87× · Cheaper than median
P/FCF 7.1× · Cheaper than median
EV/EBITDA 3.7× · Cheaper than median
PEG 1.96× · Pricier than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE33 · sector 9
FUTURE0 · sector 7
PAST38 · sector 9
HEALTH99 · sector 87
DIVIDEND100 · sector 70

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

Similar stocks

10 more Oil & Gas E&P stocks, each showing price versus our Fair Value estimate (as of Sep 2, 2026).

Stock Price Fair Value vs Fair Value
CNOOC Limited 600938 ¥32.85 ¥32.55 −1%
ConocoPhillips explores for, COP $130.35 $90.15 −31%
Canadian Natural Resources Limited CNQ C$69.03 C$44.78 −35%
EOG Resources, Inc EOG $143.35 $132.20 −8%
Occidental Petroleum Corporation OXY $59.17 $30.06 −49%
Diamondback Energy, Inc FANG $200.52 $105.24 −48%
Devon Energy Corporation DVN $47.35 $27.06 −43%
Woodside Energy Group WDS A$32.55 A$20.71 −36%
EQT Corporation EQT $54.57 $42.85 −21%
Texas Pacific Land Corporation TPL $366.50 $77.26 −79%

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Frequently asked questions

Is PXT.TO (PXT) overvalued or undervalued?
As of Sep 2, 2026, our model estimates a fair value of C$28.80 versus a price of C$28.91, about −0% upside (fairly valued).
What is the fair value of PXT?
Our model-based fair value for PXT.TO is C$28.80 (as of Sep 2, 2026), built from audited fundamentals. The current price: C$28.91.
What is the quality score of PXT?
PXT.TO has a Quality Score of 66/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of PXT.TO (PXT)?
PXT.TO reported trailing-twelve-month revenue of about C$861M (latest available figure, as of Sep 2, 2026).
What is the net profit margin of PXT?
The net profit margin of PXT.TO is about 20.8%, meaning it keeps roughly 20.8% of revenue as net income. Based on the latest reported figures.
Does PXT.TO pay a dividend?
PXT.TO currently shows a dividend yield of about 5.33% relative to its recent price (as of Sep 2, 2026).
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