Using the industry peer median EV/EBITDA multiple (trailing + forward), Ring Energy, Inc. (REI) has a fair value of $1.10 based on 7 comparable companies in the Oil & Gas Exploration & Production industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/EBITDA | Forward EV/EBITDA | |
|---|---|---|---|
| Ring Energy, Inc.REI | 342 | 4.4x | 3.9x |
| PrimeEnergy Resources Corporation | 369 | 3.4x | 3.5x |
| Gran Tierra Energy Inc. | 323 | 3.6x | 3.4x |
| Amplify Energy Corp. | 218 | 1.5x | 1.3x |
| Kolibri Global Energy Inc. | 182 | 5.6x | 6.4x |
| Imperial Petroleum Inc. | 173 | 2.6x | 2.3x |
| Evolution Petroleum Corporation | 163 | 7.4x | 7.6x |
| DMC Global Inc. | 152 | 7.4x | 6.6x |
| Industry Median | 3.6x | 3.5x | |
| (*) EBITDA | 172 | 196 | |
| = Enterprise Value | 622 | 678 | |
| (-) Net Debt | 422 | 422 | |
| Equity Value | 199 | 255 | |
| (/) Outstanding shares | 207 | 207 | |
| Fair Price | $1 | $1 | |
Using the industry peer median EV/Revenue multiple (trailing + forward), Ring Energy, Inc. (REI) has a fair value of $0.45 based on 7 comparable companies in the Oil & Gas Exploration & Production industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| Ring Energy, Inc.REI | 342 | 2.5x | 2.2x |
| PrimeEnergy Resources Corporation | 369 | 2.0x | 2.0x |
| Gran Tierra Energy Inc. | 323 | 1.6x | 1.5x |
| Amplify Energy Corp. | 218 | 0.6x | 0.5x |
| Kolibri Global Energy Inc. | 182 | 4.0x | 4.5x |
| Imperial Petroleum Inc. | 173 | 1.0x | 0.9x |
| Evolution Petroleum Corporation | 163 | 2.3x | 2.4x |
| DMC Global Inc. | 152 | 0.4x | 0.4x |
| Industry Median | 1.6x | 1.5x | |
| (*) Revenue | 307 | 349 | |
| = Enterprise Value | 497 | 536 | |
| (-) Net Debt | 422 | 422 | |
| Equity Value | 74 | 114 | |
| (/) Outstanding shares | 207 | 207 | |
| Fair Price | $0 | $1 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.