Permian Resources Corporation (PR) 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

-71.4%

$7.04

vs $24.62 price

Levered DCF

$149.42

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

2.67

Grey zone

Rating

B+

Overall 3 / 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	10.71×	9.34×	10×	5.22×	12.2×	-0.61×	77×	14.5×
P/B	0.98×	1.01×	0.75×	0.92×	0.61×	0.16×	0.37×	0.93×
P/S	1.98×	1.84×	1.52×	1.26×	1.64×	0.72×	1.29×	3.25×
EV / EBITDA	3.67×	3.6×	3.9×	3.43×	5.15×	-4.33×	4.36×	5.72×
Gross margin	32.7%	47.1%	52.9%	66.5%	53.3%	7.1%	29.8%	47.5%
Operating margin	29.0%	34.9%	35.1%	47.3%	36.0%	-134.4%	8.4%	31.8%
Net margin	18.5%	19.7%	15.3%	24.2%	13.4%	-117.6%	1.7%	22.4%
Current ratio	0.78×	0.84×	0.52×	0.77×	0.52×	0.5×	0.47×	0.53×
Debt / equity	0.36×	0.47×	0.62×	0.75×	0.31×	0.41×	0.33×	0.22×
Interest coverage	5.2×	5.72×	6.19×	10.53×	6.05×	-11.27×	1.42×	10.74×
Dividend yield	4.5%	5.1%	3.0%	0.5%	0.0%	0.0%	0.0%	0.0%
Payout ratio	47.9%	47.4%	29.8%	2.8%	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	9.1%	10.8%	7.5%	17.5%	5.0%	-26.2%	0.5%	6.4%
Return on invested capital	7.0%	9.0%	6.8%	11.0%	10.1%	-18.8%	1.3%	5.5%
Return on assets	5.1%	5.8%	3.2%	6.1%	3.6%	-17.8%	0.3%	4.7%
Free cash flow yield	5.6%	3.2%	8.8%	21.8%	11.8%	-37.6%	-33.2%	-18.9%
Earnings yield	9.3%	10.7%	10.0%	19.1%	8.2%	-164.0%	1.3%	6.9%
Enterprise value	$13.6B	$13B	$8.6B	$4.8B	$2.5B	$1.5B	$2.3B	$3.6B
Net debt / EBITDA	0.96×	1.06×	1.74×	1.53×	1.7×	-3.11×	2.03×	1.08×
Cash conversion cycle (days)	53	32	33	22	18	31	28	-3