PrimeEnergy Resources Corporation (PNRG) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+45.5%

$294.24

vs $202.23 price

Levered DCF

$303.47

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

4.24

Safe zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	10.79×	6.99×	7×	3.49×	66.76×	-37.22×	87.94×	13.71×
P/B	1.32×	1.91×	1.22×	1.21×	1.41×	0.89×	3.05×	1.41×
P/S	1.53×	1.66×	1.6×	1.82×	1.69×	1.64×	2.8×	1.23×
EV / EBITDA	2.58×	2.63×	2.85×	1.75×	5.01×	4.55×	7.98×	3.47×
Gross margin	26.4%	37.5%	33.1%	17.5%	27.3%	-14.8%	21.9%	25.4%
Operating margin	15.9%	29.4%	20.4%	-4.2%	16.3%	-43.5%	7.6%	13.8%
Net margin	14.2%	23.7%	22.8%	52.2%	2.5%	-4.4%	3.2%	12.4%
Current ratio	0.74×	0.57×	0.49×	1.76×	1.17×	0.63×	1.05×	0.78×
Debt / equity	0.02×	0.04×	0.02×	0.08×	0.36×	0.4×	0.53×	0.65×
Interest coverage	13.26×	44.51×	46.86×	-4.34×	6.7×	-11.99×	2.28×	4.72×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	12.2%	27.3%	17.5%	34.7%	2.1%	-2.4%	3.5%	14.2%
Return on invested capital	8.8%	19.2%	9.0%	-1.6%	3.3%	-10.0%	2.8%	5.9%
Return on assets	8.1%	17.1%	9.7%	19.7%	1.0%	-1.2%	1.5%	5.7%
Free cash flow yield	7.3%	-0.9%	-2.4%	10.1%	5.7%	6.8%	3.0%	-5.6%
Earnings yield	9.3%	14.3%	14.3%	28.7%	1.5%	-2.7%	1.1%	10.1%
Enterprise value	$280.2M	$392.9M	$189.6M	$154.2M	$165.3M	$123.9M	$358M	$203.8M
Net debt / EBITDA	-0.03×	0.04×	-0.11×	-0.18×	0.78×	1.39×	1.17×	1.02×
Cash conversion cycle (days)	9	-3	-8	151	23	22	23	17