White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
PrairieSky Royalty Ltd. holds crude oil and natural gas royalty interests in Canada. It holds an interest in approximately 9.9 million acres with petroleum and/or natural gas rights, 8.7 million acres of gross overriding royalty interests, and other acreage. The company was incorporated in 2013 and is based in Calgary, Canada.
PrairieSky Royalty Ltd (PREKF) currently trades at $23.32, while our model-based Fair Value estimate is $8.21, 64.8% below the price, so the stock looks overvalued today.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.
Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.
Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF
$8.01
$12.61
$19.36
79
Growth DCF
$8.13
$12.17
$17.74
78
Residual Income
$6.38
$6.84
$7.57
76
All 26 models by family
DCF Models
FCF DCF
$8.01
$12.61
$19.36
79
Owner Earnings
$7.95
$12.51
$19.21
75
5Y Revenue Exit
$3.17
$4.19
$5.34
74
5Y EBITDA Exit
$5.77
$9.06
$12.82
75
5Y P/E Exit
$6.12
$9.72
$13.44
71
10Y Revenue Exit
$4.87
$6.22
$7.78
68
10Y EBITDA Exit
$6.53
$9.52
$13.37
68
10Y P/E Exit
$6.74
$9.97
$13.84
64
Earnings-Based
Graham-Dodd
$4.21
$13.18
$17.53
64
Lynch FV
$2.87
$4.11
$5.34
61
PEG = 1.0
$2.87
$4.11
$5.34
57
EPV
$5.27
$6.21
$7.03
74
Dividend Discount
Gordon GGM
$6.44
$12.83
$19.44
67
DDM Multi-Stage
$6.44
$10.49
$13.55
66
Multiples
P/E Multiple
$6.50
$8.67
$10.84
63
P/S Multiple
$1.30
$1.73
$2.17
58
P/B Multiple
$7.90
$10.53
$13.16
55
EV/EBIT
$5.67
$7.80
$9.93
66
EV/EBITDA
$5.15
$7.12
$9.08
67
EV/Revenue
$0.4800
$1.00
$1.52
51
Asset-Based
NCAV (Graham)
$3.84
$5.15
$7.68
54
Growth DCF
Growth DCF
$8.13
$12.17
$17.74
78
Rev-Margin DCF
$3.17
$4.28
$5.34
74
Economic Profit
Residual Income
$6.38
$6.84
$7.57
76
ROIC Compounder
$5.27
$6.21
$7.03
72
Growth Earnings
Growth-Adj P/E
$5.67
$8.10
$10.54
67
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Is PrairieSky Royalty Ltd (PREKF) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $8.21 versus a price of $23.32, about −65% upside (overvalued).
What is the fair value of PREKF?
Our model-based fair value for PrairieSky Royalty Ltd is $8.21 (as of Sep 24, 2026), built from audited fundamentals. The current price: $23.32.
What is the quality score of PREKF?
PrairieSky Royalty Ltd has a Quality Score of 69/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for PrairieSky Royalty Ltd (PREKF)?
Our model-based price target is the fair value of $8.21 (as of Sep 24, 2026) from 26 valuation models. Cautious scenario $6.22, optimistic scenario $10.67. It is a calculation from audited fundamentals, not an analyst target.
What is the PrairieSky Royalty Ltd stock forecast for 2026?
Our models put fair value at $8.21, about −65% upside versus a price of $23.32 (overvalued). Cautious scenario $6.22, optimistic scenario $10.67. The calculation is refreshed regularly with new filings.
What is the revenue of PrairieSky Royalty Ltd (PREKF)?
PrairieSky Royalty Ltd reported trailing-twelve-month revenue of about C$447M (latest available figure, as of Sep 24, 2026).
Does PrairieSky Royalty Ltd pay a dividend?
PrairieSky Royalty Ltd currently shows a dividend yield of about 4.48% relative to its recent price (as of Sep 24, 2026).
What growth is priced into PrairieSky Royalty Ltd (PREKF)?
For today's price to be fair in a discounted-cash-flow model, PrairieSky Royalty Ltd would have to grow free cash flow by +17.2 % per year for five years (discount rate 9.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +22.8 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of PREKF use?
Our models discount PrairieSky Royalty Ltd at 9.4 %: a base by market capitalisation (mid), damped by beta 0.87, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For PrairieSky Royalty Ltd that is +17.2 % per year a year over ten years, using the same discount rate (9.4 %) and the same formula as our fair value.
How much growth has PrairieSky Royalty Ltd (PREKF) delivered so far?
Over the past 5 years revenue at PrairieSky Royalty Ltd grew +22.8 % a year. The price currently implies +17.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of PrairieSky Royalty Ltd (PREKF) growing?
The median revenue growth in the sector is +9.6 % a year. That is the yardstick for the growth priced into PrairieSky Royalty Ltd (+17.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of PrairieSky Royalty Ltd (PREKF)?
The free-cash-flow yield on the price is 3.30 %: that much free cash flow PrairieSky Royalty Ltd produces per unit of market value. When it exceeds the discount rate of our models (9.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of PrairieSky Royalty Ltd (PREKF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For PrairieSky Royalty Ltd it is $8.21 per share (as of Sep 24, 2026), against a price of $23.32. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is PrairieSky Royalty Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, PREKF trades above its calculated fair value: price $23.32, fair value $8.21, a gap of about −65% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PREKF?
No. The price is what the market pays today ($23.32); the fair value is what the company's own numbers justify ($8.21). For PrairieSky Royalty Ltd the two are $15.11 per share apart. That gap is exactly why we show both numbers side by side.
How much is PrairieSky Royalty Ltd worth?
The market values PrairieSky Royalty Ltd at about $5.5B (market capitalisation, as of Sep 24, 2026). Per share that is $23.32; our models calculate a fair value of $8.21 per share.
What do the bullish and bearish scenarios say about PREKF?
Our models span a range for PrairieSky Royalty Ltd: cautious scenario $6.22, base $8.21, optimistic $10.67 per share (as of Sep 24, 2026, price $23.32). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is PREKF from its 52-week high?
PrairieSky Royalty Ltd trades at $23.32, about 13% below its 52-week high of $26.82 and 36% above the low of $17.17 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $8.21 is for.
Which stocks are comparable to PrairieSky Royalty Ltd?
From the same area (Energy) we also value ConocoPhillips explores for,, CNOOC Limited, Canadian Natural Resources Limited, EOG Resources, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is PrairieSky Royalty Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price $23.32, calculated fair value $8.21 (−65%), Quality Score 69/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PREKF calculated?
We run PrairieSky Royalty Ltd through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $8.21, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. PrairieSky Royalty Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on
is it worth investing now.
What is the share price of PrairieSky Royalty Ltd (PREKF)?
The closing price on Oct 2, 2026 was $23.32. Our model-based fair value is $8.21, about −65% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with PrairieSky Royalty Ltd right now?
The price sits above even our optimistic bull case ($10.67). The favourable scenario is already priced in. Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of PrairieSky Royalty Ltd (PREKF) come from?
Earnings per share at PrairieSky Royalty Ltd grew +4.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +3.7 %, EBIT margin +4.3 %, tax rate −1.4 %, residual (interest, one-offs) −1.8 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of PrairieSky Royalty Ltd
How large is the market capitalisation of PrairieSky Royalty Ltd (PREKF)?
The market capitalisation of PrairieSky Royalty Ltd is $5.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/E ratio of PrairieSky Royalty Ltd (PREKF)?
The price-to-earnings ratio of PrairieSky Royalty Ltd is 38.2. Price to earnings: how many years of current profit you pay for the stock. A P/E of 10 means ten years of profit.
What is the P/S ratio of PrairieSky Royalty Ltd (PREKF)?
The price-to-sales ratio of PrairieSky Royalty Ltd is 16.4 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of PrairieSky Royalty Ltd (PREKF)?
Earnings per share at PrairieSky Royalty Ltd are $0.6100 (price ÷ EPS = P/E 38.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of PrairieSky Royalty Ltd (PREKF)?
The dividend yield of PrairieSky Royalty Ltd is 4.5% (payout 171%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of PrairieSky Royalty Ltd (PREKF)?
The net margin of PrairieSky Royalty Ltd is 42.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of PrairieSky Royalty Ltd (PREKF)?
The return on equity (ROE) of PrairieSky Royalty Ltd is 7.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of PrairieSky Royalty Ltd (PREKF)?
On an EBIT basis the return on assets of PrairieSky Royalty Ltd is 9.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of PrairieSky Royalty Ltd (PREKF)?
The operating margin of PrairieSky Royalty Ltd is 63.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at PrairieSky Royalty Ltd (PREKF)?
Revenue at PrairieSky Royalty Ltd is growing −1.2% versus a year earlier (3y avg −9.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at PrairieSky Royalty Ltd (PREKF)?
Earnings per share at PrairieSky Royalty Ltd are growing −2.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does PrairieSky Royalty Ltd (PREKF) carry?
The net debt of PrairieSky Royalty Ltd is C$243M (fiscal year 2025, ≈ 0.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.