MEG.TO
MEG Energy Corp
Price:  
25.48 
CAD
Volume:  
2,429,853.00
Canada | Oil, Gas & Consumable Fuels
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MEG.TO Fair Value

-56.45 %
Upside
As of 2023-12-04, the Fair Value of MEG Energy Corp (MEG.TO) is 11.10 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 25.48 CAD, the upside of MEG Energy Corp is -56.45%.
25.48 CAD
Stock Price
11.10 CAD
Fair Price
FAIR VALUE CALCULATION

MEG.TO Fair Value

Peter Lynch's formula is:

MEG.TO Fair Value
= Earnings Growth Rate x TTM EPS
MEG.TO Fair Value
= 5.00 x 2.22
MEG.TO Fair Value
= 11.10

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the TTM EPS is negative, we do not compute Peter Lynch's formula for that stock. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%.

Historical Earnings
2018-12-31 2019-12-31 2020-12-31 2021-12-31 2022-12-31 5Y Avg
Net income -119.20 -62.00 -357.00 283.00 902.00 129.36
YoY growth -171.81% 47.99% -475.81% 179.27% 218.73% -40.33%

MEG.TO Fair Value - Key Data

Market Cap (mil) 7,176.29
P/E 11.48x
Forward P/E 9.73x
EPS 2.22
Avg earnings growth rate -40.33%
TTM earnings 625.00