Financials Yangarra Resources Ltd.

Equities

YGR

CA98474P5013

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 03:59:59 2024-07-12 pm EDT			5-day change	1st Jan Change
1.1 ^CAD	+2.80%		+3.77%	-14.06%

Apr. 30	Yangarra Resources Q1 Profit Drops 39% on Weaker Oil and Gas Prices and Lower Production	MT
Apr. 30	Yangarra Resources Brief: Q1 Funds flow from operations of $24.3 million ($0.24 per share fully diluted)	MT

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	117.8	61.47	138.6	247.1	121.3	108.6	-	-
Enterprise Value (EV) ¹	305.5	264.8	335.6	388.6	243.6	199.4	173.4	177.6
P/E ratio	2.71 x	-	-	-	-	-	-	-
Yield	-	-	-	-	-	-	2.73%	10.9%
Capitalization / Revenue	0.82 x	0.72 x	0.99 x	1.02 x	0.73 x	0.68 x	0.7 x	0.77 x
EV / Revenue	2.12 x	3.09 x	2.39 x	1.6 x	1.46 x	1.25 x	1.11 x	1.26 x
EV / EBITDA	3.22 x	5.02 x	3.33 x	2.08 x	2.23 x	1.83 x	1.77 x	2 x
EV / FCF	-11 x	-34.4 x	121 x	5.73 x	48.2 x	6.32 x	6.81 x	44.4 x
FCF Yield	-9.13%	-2.9%	0.82%	17.5%	2.07%	15.8%	14.7%	2.25%
Price to Book	-	-	-	-	-	-	-	-
Nbr of stocks (in thousands)	85,363	85,380	86,649	87,951	94,801	98,734	-	-
Reference price ²	1.380	0.7200	1.600	2.810	1.280	1.100	1.100	1.100
Announcement Date	3/5/20	3/4/21	2/1/22	3/2/23	3/7/24	-	-	-

¹CAD in Million²CAD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	144	85.7	140.3	243.1	166.5	159.1	155.8	140.7
EBITDA ¹	95	52.7	100.9	187	109	109	98	89
EBIT ¹	55.91	22.8	73.6	149.3	69.57	67.7	59.5	49.5
Operating Margin	38.83%	26.6%	52.46%	61.44%	41.78%	42.55%	38.2%	35.18%
Earnings before Tax (EBT)	47.98	-	-	-	-	-	-	-
Net income	43.31	-	-	-	-	-	-	-
Net margin	30.08%	-	-	-	-	-	-	-
EPS	0.5100	-	-	-	-	-	-	-
Free Cash Flow ¹	-27.89	-7.688	2.768	67.84	5.048	31.55	25.45	4
FCF margin	-19.37%	-8.97%	1.97%	27.91%	3.03%	19.83%	16.34%	2.84%
FCF Conversion (EBITDA)	-	-	2.74%	36.28%	4.63%	28.94%	25.97%	4.49%
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	-	-	-	-	-	0.0300	0.1200
Announcement Date	3/5/20	3/4/21	2/1/22	3/2/23	3/7/24	-	-	-

¹CAD in Million²CAD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2021 Q4	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	47.4	60.29	49.06	38.4	45.41	33.65	40.42	38.5	39.8	42.1
EBITDA ¹	35.01	45	32.4	24.9	31.61	20.07	26.29	26	27	29
EBIT ¹	25.55	34.83	22.51	14.92	21.43	10.69	16.59	16.6	17.5	18.7
Operating Margin	53.89%	57.77%	45.89%	38.86%	47.19%	31.76%	41.03%	43.12%	43.97%	44.42%
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-	-	-
Net margin	-	-	-	-	-	-	-	-	-	-
EPS	-	-	-	-	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-	-	-	-
Announcement Date	2/1/22	3/2/23	4/27/23	7/27/23	11/8/23	3/7/24	4/30/24	-	-	-

¹CAD in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	188	203	197	141	122	90.8	64.8	69
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	1.976 x	3.858 x	1.952 x	0.7567 x	1.121 x	0.833 x	0.6615 x	0.7753 x
Free Cash Flow ¹	-27.9	-7.69	2.77	67.8	5.05	31.6	25.5	4
ROE (net income / shareholders' equity)	-	1.57%	14.8%	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets	-	-	-	-	-	-	-	-
Book Value Per Share	-	-	-	-	-	-	-	-
Cash Flow per Share ²	1.080	0.5300	1.020	1.920	1.000	0.9900	1.080	0.9200
Capex ¹	121	51.5	88.5	109	94	72.2	82.3	79
Capex / Sales	84.04%	60.12%	63.08%	44.99%	56.42%	45.36%	52.81%	56.15%
Announcement Date	3/5/20	3/4/21	2/1/22	3/2/23	3/7/24	-	-	-

¹CAD in Million²CAD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Yangarra Resources Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1.1 CAD

Average target price

1.712 CAD

Spread / Average Target

+55.68%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

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