Baytex Energy Corp.
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
2.26-9.779.50-11.34
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$0.87$-0.20$0.20$-0.17

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-21.63-0.78-2.8610.50-2.58-84.11-0.151.363.98-13.27-8.00-84.11
Price/Sales ratio
1.870.781.780.830.580.580.391.171.170.910.760.58
Price/Book Value ratio
1.140.360.700.470.270.350.660.991.120.800.700.27
Price/Cash Flow ratio
2.941.615.612.811.731.251.083.092.902.391.461.25
Price/Free Cash Flow ratio
15.5333.7261.83-12.55-65.103.765.435.555.2512.934.76-65.10
Price/Earnings Growth ratio
0.12-0.000.04-0.090.000.86-0.00-0.00-0.080.103.520.00
Dividend Yield
10.68%12.37%N/AN/AN/AN/AN/AN/AN/A1.21%2.70%N/A
Profitability Indicator Ratios
Gross Profit Margin
55.65%-15.44%-23.70%1.23%9.73%13.48%-8.48%32.30%37.32%25.69%33.82%9.73%
Operating Profit Margin
25.65%20.37%31.53%5.28%2.69%8.83%-15.46%27.92%32.66%19.01%30.57%2.69%
Pretax Profit Margin
0.10%-130.79%-97.14%-6.34%-29.88%-4.37%-266.47%90.72%30.83%-15.27%-12.43%-29.88%
Net Profit Margin
-8.68%-100.33%-62.19%7.98%-22.76%-0.68%-250.02%86.37%29.61%-6.89%-9.78%-22.76%
Effective Tax Rate
8484.28%23.28%35.97%225.87%23.82%84.21%6.17%4.79%3.96%54.82%21.32%84.21%
Return on Assets
-2.13%-20.65%-10.56%1.99%-5.10%-0.21%-71.56%33.37%16.76%-3.12%-4.60%-5.10%
Return On Equity
-5.29%-46.95%-24.51%4.55%-10.64%-0.42%-421.81%72.96%28.23%-6.10%-8.95%-10.64%
Return on Capital Employed
6.81%4.41%5.53%1.38%0.62%2.80%-4.70%11.60%19.59%9.31%15.72%0.62%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.68N/A
Quick Ratio
0.900.760.770.751.040.790.510.510.840.780.680.79
Cash ratio
0.000.000.01N/AN/A0.02-0.05-0.020.010.100.030.03
Days of Sales Outstanding
48.5531.6852.4837.7328.4935.1140.2133.8725.3836.5138.2828.49
Days of Inventory outstanding
0.14N/AN/A-6.26-22.52N/A3.822.24N/AN/AN/A-22.52
Operating Cycle
48.6931.6852.4831.465.9735.1144.0336.1225.3836.5138.285.97
Days of Payables Outstanding
214.2574.9442.7348.9373.0448.4653.7855.0345.8269.3189.9773.04
Cash Conversion Cycle
-165.56-43.259.75-17.46-67.07-13.34-9.75-18.91-20.44-32.79-51.69-67.07
Debt Ratios
Debt Ratio
0.330.330.380.380.320.310.520.280.180.320.290.31
Debt Equity Ratio
0.820.760.880.880.680.623.100.620.300.630.560.62
Long-term Debt to Capitalization
0.450.430.460.460.400.380.750.380.230.380.360.38
Total Debt to Capitalization
0.450.430.460.460.400.380.750.380.230.380.360.38
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A4.74N/A
Cash Flow to Debt Ratio
0.470.290.140.190.230.450.190.511.260.530.840.23
Company Equity Multiplier
2.482.272.322.282.082.005.892.181.681.951.912.00
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.630.480.310.290.330.460.360.380.400.380.530.33
Free Cash Flow / Operating Cash Flow Ratio
0.180.040.09-0.22-0.020.330.190.550.550.180.30-0.02
Cash Flow Coverage Ratio
0.470.290.140.190.230.450.190.511.260.530.840.23
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/A82.32242.47N/AN/AN/AN/A
Dividend Payout Ratio
-231.24%-9.68%N/AN/AN/AN/AN/AN/AN/A-16.07%-20.74%N/A