IPO Relative Valuation - InPlay Oil Corp - Alpha Spread

InPlay Oil Corp
TSX:IPO

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InPlay Oil Corp
TSX:IPO
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Price: 2.09 CAD -0.48% Market Closed
Market Cap: 188.3m CAD
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Relative Value

The Relative Value of one IPO stock under the Base Case scenario is 3 CAD. Compared to the current market price of 2.09 CAD, InPlay Oil Corp is Undervalued by 30%.

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.

IPO Relative Value
Base Case
3 CAD
Undervaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
48
Median 3Y
1.4
Median 5Y
1.2
Industry
1.3
Forward
1.3
vs History
9
vs Industry
29
Median 3Y
3
Median 5Y
2.2
Industry
9.2
Forward
9.6
vs History
58
vs Industry
44
Median 3Y
2.5
Median 5Y
2.3
Industry
4.5
vs History
52
vs Industry
20
Median 3Y
14.3
Median 5Y
10.8
Industry
10.9
vs History
66
vs Industry
59
Median 3Y
0.9
Median 5Y
0.7
Industry
1.2
vs History
42
vs Industry
49
Median 3Y
1.7
Median 5Y
1.6
Industry
1.7
Forward
1.7
vs History
vs Industry
66
Median 3Y
0
Median 5Y
0
Industry
4.2
vs History
49
vs Industry
43
Median 3Y
3.1
Median 5Y
3.1
Industry
5.6
Forward
2.8
vs History
26
vs Industry
28
Median 3Y
6.7
Median 5Y
4
Industry
7.8
Forward
6.9
vs History
71
vs Industry
47
Median 3Y
3.1
Median 5Y
3.1
Industry
6
vs History
33
vs Industry
4
Median 3Y
15.8
Median 5Y
6.3
Industry
10.5
vs History
52
vs Industry
63
Median 3Y
0.6
Median 5Y
0.6
Industry
1

Multiples Across Competitors

IPO Competitors Multiples
InPlay Oil Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
InPlay Oil Corp
TSX:IPO
188.3m CAD 1.2 7.2 3.1 7.7
US
Conocophillips
NYSE:COP
123.1B USD 2.2 11.6 5.6 8.9
CN
CNOOC Ltd
SSE:600938
726.6B CNY 1.7 5.5 3.5 3.5
CA
Canadian Natural Resources Ltd
NYSE:CNQ
70.7B USD 2.6 12.5 6.1 9.9
US
EOG Resources Inc
NYSE:EOG
68.5B USD 2.8 9.1 4.9 6.9
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
38.9B USD 3.2 14.7 6.9 10.4
US
Diamondback Energy Inc
NASDAQ:FANG
32.1B USD 3.5 9.3 5.5 7.7
AU
Woodside Energy Group Ltd
NYSE:WDS
30.2B USD 2.2 18.2 3.6 6.5
US
Continental Resources Inc
F:C5L
25.8B EUR 3.2 8 4.7 6.4
US
Devon Energy Corp
NYSE:DVN
26B USD 1.7 7.4 4.1 6.6

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