Parex Resources Stock Net Income
| PXT Stock | CAD 24.20 0.50 2.11% |
Parex Resources fundamentals help investors to digest information that contributes to Parex Resources' financial success or failures. It also enables traders to predict the movement of Parex Stock. The fundamental analysis module provides a way to measure Parex Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Parex Resources stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 459.3 M | 482.3 M | |
| Net Income From Continuing Ops | 459.3 M | 482.3 M | |
| Net Income Applicable To Common Shares | 703.1 M | 738.2 M | |
| Net Income Per Share | 4.32 | 4.54 | |
| Net Income Per E B T | 1.01 | 0.87 |
Parex | Net Income |
Parex Resources Company Net Income Analysis
Parex Resources' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Parex Resources Net Income | 459.31 M |
Most of Parex Resources' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Parex Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Parex Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Parex Resources is extremely important. It helps to project a fair market value of Parex Stock properly, considering its historical fundamentals such as Net Income. Since Parex Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Parex Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Parex Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Parex Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Parex Resources reported net income of 459.31 M. This is 79.78% lower than that of the Oil, Gas & Consumable Fuels sector and 33.47% higher than that of the Energy industry. The net income for all Canada stocks is 19.56% higher than that of the company.
Parex Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parex Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Parex Resources could also be used in its relative valuation, which is a method of valuing Parex Resources by comparing valuation metrics of similar companies.Parex Resources is currently under evaluation in net income category among related companies.
Parex Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Parex Resources from analyzing Parex Resources' financial statements. These drivers represent accounts that assess Parex Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Parex Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.7B | 1.9B | 2.1B | 1.7B | 2.0B | 1.1B | |
| Enterprise Value | 2.3B | 1.6B | 1.7B | 1.3B | 2.0B | 2.1B |
Parex Fundamentals
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.39 % | ||||
| Operating Margin | 0.35 % | ||||
| Current Valuation | 2.4 B | ||||
| Shares Outstanding | 103.31 M | ||||
| Shares Owned By Insiders | 1.61 % | ||||
| Shares Owned By Institutions | 57.08 % | ||||
| Number Of Shares Shorted | 2.17 M | ||||
| Price To Earning | 21.98 X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 2.07 X | ||||
| Revenue | 1.41 B | ||||
| Gross Profit | 1.11 B | ||||
| EBITDA | 797.55 M | ||||
| Net Income | 459.31 M | ||||
| Cash And Equivalents | 419 M | ||||
| Cash Per Share | 3.50 X | ||||
| Total Debt | 6.08 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 1.81 X | ||||
| Book Value Per Share | 18.84 X | ||||
| Cash Flow From Operations | 376.47 M | ||||
| Short Ratio | 6.37 X | ||||
| Earnings Per Share | 5.96 X | ||||
| Price To Earnings To Growth | 1.96 X | ||||
| Target Price | 31.58 | ||||
| Number Of Employees | 449 | ||||
| Beta | 1.59 | ||||
| Market Capitalization | 2.45 B | ||||
| Total Asset | 2.42 B | ||||
| Retained Earnings | 1.28 B | ||||
| Working Capital | 79.03 M | ||||
| Current Asset | 188.85 M | ||||
| Current Liabilities | 112.14 M | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 2.42 B | ||||
| Last Dividend Paid | 1.14 |
About Parex Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parex Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parex Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parex Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parex Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Parex Stock analysis
When running Parex Resources' price analysis, check to measure Parex Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parex Resources is operating at the current time. Most of Parex Resources' value examination focuses on studying past and present price action to predict the probability of Parex Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parex Resources' price. Additionally, you may evaluate how the addition of Parex Resources to your portfolios can decrease your overall portfolio volatility.
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