NZ Relative Valuation - New Zealand Energy Corp - Alpha Spread

New Zealand Energy Corp
XTSX:NZ

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New Zealand Energy Corp
XTSX:NZ
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Price: 0.85 CAD Market Closed
Market Cap: 12.7m CAD
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Relative Value

NZ doesn't have a meaningful market cap.

The Relative Value of one NZ stock under the Base Case scenario is 0.16 CAD. Compared to the current market price of 0.85 CAD, New Zealand Energy Corp is Overvalued by 81%.

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.

NZ Relative Value
Base Case
0.16 CAD
Overvaluation 81%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
23
vs Industry
18
Median 3Y
5.2
Median 5Y
6.1
Industry
1.3
vs History
vs Industry
36
Median 3Y
-4.2
Median 5Y
-28
Industry
9.2
vs History
vs Industry
13
Median 3Y
-4
Median 5Y
-4
Industry
4.5
vs History
vs Industry
4
Median 3Y
-12.2
Median 5Y
-13
Industry
10.8
vs History
69
vs Industry
8
Median 3Y
2.6
Median 5Y
13.4
Industry
1.2
vs History
25
vs Industry
19
Median 3Y
6
Median 5Y
6.4
Industry
1.7
vs History
vs Industry
4
Median 3Y
18.2
Median 5Y
20.8
Industry
4.2
vs History
vs Industry
22
Median 3Y
-23.3
Median 5Y
-23.3
Industry
5.7
vs History
vs Industry
Median 3Y
-7.3
Median 5Y
-17.6
Industry
8
vs History
vs Industry
8
Median 3Y
-4.4
Median 5Y
-4.4
Industry
6
vs History
vs Industry
4
Median 3Y
-13
Median 5Y
-13.9
Industry
10.6
vs History
60
vs Industry
42
Median 3Y
0.9
Median 5Y
2.1
Industry
1

Multiples Across Competitors

NZ Competitors Multiples
New Zealand Energy 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
NZ
New Zealand Energy Corp
XTSX:NZ
12.7m CAD 9.7 -4.2 -4.1 -3.7
MY
Reach Energy Bhd
KLSE:REACH
6.8T MYR 31 941.2 -35 976.3 -20 523.9 -15 705.9
US
Conocophillips
NYSE:COP
128.8B USD 2.3 12.1 5.9 9.3
CN
CNOOC Ltd
SSE:600938
730.1B CNY 1.6 5.2 3 3
US
EOG Resources Inc
NYSE:EOG
71.3B USD 2.9 9.5 5.1 7.2
CA
Canadian Natural Resources Ltd
NYSE:CNQ
71.8B USD 2.6 12.7 6.1 10
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
41.1B USD 3.3 15.5 7.3 10.9
US
Diamondback Energy Inc
NASDAQ:FANG
32.4B USD 3.5 9.4 5.6 7.8
AU
Woodside Energy Group Ltd
NYSE:WDS
32.2B USD 2.6 17.3 4.1 7.5
US
Continental Resources Inc
F:C5L
25.8B EUR 3.3 8.1 4.7 6.4

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