Devon Energy Corp
NYSE:DVN

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Devon Energy Corp
NYSE:DVN
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Price: 31.35 USD -0.38% Market Closed
Market Cap: 20.3B USD

Relative Value

The Relative Value of one DVN stock under the Base Case scenario is 48.61 USD. Compared to the current market price of 31.35 USD, Devon Energy Corp is Undervalued by 36%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

DVN Relative Value
Base Case
48.61 USD
Undervaluation 36%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
79
vs Industry
41
Median 3Y
1.7
Median 5Y
1.7
Industry
1.2
Forward
1.2
vs History
44
vs Industry
29
Median 3Y
7.2
Median 5Y
6.8
Industry
9.8
Forward
7.2
vs History
82
vs Industry
35
Median 3Y
4.2
Median 5Y
4.2
Industry
4.6
vs History
34
vs Industry
17
Median 3Y
12.6
Median 5Y
11.7
Industry
9.9
vs History
82
vs Industry
26
Median 3Y
2.6
Median 5Y
2.3
Industry
1.1
vs History
71
vs Industry
41
Median 3Y
2
Median 5Y
2
Industry
1.8
Forward
1.7
vs History
61
vs Industry
44
Median 3Y
3.9
Median 5Y
3.9
Industry
4.4
vs History
74
vs Industry
36
Median 3Y
4.2
Median 5Y
4.3
Industry
5.9
Forward
3.5
vs History
36
vs Industry
30
Median 3Y
6.2
Median 5Y
6.1
Industry
8.3
Forward
6.5
vs History
80
vs Industry
35
Median 3Y
5
Median 5Y
5
Industry
6.2
vs History
vs Industry
21
Median 3Y
11.6
Median 5Y
12.5
Industry
10.6
vs History
80
vs Industry
32
Median 3Y
1.6
Median 5Y
1.4
Industry
0.9

Multiples Across Competitors

DVN Competitors Multiples
Devon Energy Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Devon Energy Corp
NYSE:DVN
20.4B USD 1.3 7.1 3.8 6.8
MY
Reach Energy Bhd
KLSE:REACH
15.6T MYR 74 830.9 -858 611.5 188 498.9 548 788.5
US
Conocophillips
NYSE:COP
117B USD 2.1 12.7 6.1 10.7
CN
CNOOC Ltd
SSE:600938
691.8B CNY 1.6 5 3 3
US
EOG Resources Inc
NYSE:EOG
63B USD 2.7 9.8 4.8 7.1
CA
Canadian Natural Resources Ltd
TSX:CNQ
85.5B CAD 2.4 14 6.3 10.6
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
40.8B USD 3.2 14.7 6.7 10.1
US
Diamondback Energy Inc
NASDAQ:FANG
39.8B USD 3.6 12 6.8 11
US
Texas Pacific Land Corp
NYSE:TPL
30.7B USD 43.4 67.5 53.7 56.2
US
EQT Corp
NYSE:EQT
30.1B USD 5.4 81.4 14.5 116.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Devon Energy Corp
NYSE:DVN
Average EV/EBITDA: 17 146.3
3.8
2%
1.9
MY
R
Reach Energy Bhd
KLSE:REACH
188 498.9
N/A N/A
US
Conocophillips
NYSE:COP
6.1
10%
0.6
CN
C
CNOOC Ltd
SSE:600938
3
12%
0.2
US
EOG Resources Inc
NYSE:EOG
4.8
2%
2.4
CA
Canadian Natural Resources Ltd
TSX:CNQ
6.3
5%
1.3
US
P
Pioneer Natural Resources Co
LSE:0KIX
5.4
4%
1.3
US
Hess Corp
NYSE:HES
6.7
9%
0.7
US
Diamondback Energy Inc
NASDAQ:FANG
6.8
13%
0.5
US
Texas Pacific Land Corp
NYSE:TPL
53.7
N/A N/A
US
EQT Corp
NYSE:EQT
14.5
34%
0.4