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Baytex Energy Corp. valuation and forecast

Explore the models for Baytex Energy Corp., adjust their assumptions and compare your own valuation with the platform's.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: data-quality checks not passed.

Price vs value

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Your valuation workspace

What is BTE worth to you?

Start with the company's financial data. Make the assumptions your own.

2 models available

01 / Assumptions

Follow the forecast

The cash flows behind your value

USD per share
View annual figures
Forecast yearCash flow / share

Negative cash flows are shown in terracotta. Before the terminal value and equity bridge. Residual-income models show excess earnings; dividend models show dividends.

See the range of possibilities

Compare and combine your models

Your weighted value—

Weights start with the platform's included models. Change them to build your own combination. Select a model name to edit its assumptions.

ModelYour value / shareWeight

The platform's price and consistency filters are not reapplied to your scenarios.

Other model types 20 unavailable for BTE

Proved-reserve net asset value

This model is withheld pending its input or assumption review.

Cash-flow model (DCF)

This model is withheld pending its input or assumption review.

Price-to-earnings vs peers

This model is withheld pending its input or assumption review.

Revenue-to-maturity DCF

This model does not apply to this company with the available financial data.

Growth DCF

This model does not apply to this company with the available financial data.

P/B vs return on equity

This model does not apply to this company with the available financial data.

Peer price-to-book

This model does not apply to this company with the available financial data.

Peer price-to-FFO

This model does not apply to this company with the available financial data.

Peer price-to-sales

This model does not apply to this company with the available financial data.

Forward peer P/E

This model does not apply to this company with the available financial data.

Forward peer price-to-sales

This model does not apply to this company with the available financial data.

P/E comparison

This model does not apply to this company with the available financial data.

P/S comparison

This model does not apply to this company with the available financial data.

PEG comparison

This model does not apply to this company with the available financial data.

Two-stage dividend discount

This model does not apply to this company with the available financial data.

Growing-dividend model

This model does not apply to this company with the available financial data.

REIT funds from operations

This model does not apply to this company with the available financial data.

Utility earnings

This model does not apply to this company with the available financial data.

Book value / net assets

This model does not apply to this company with the available financial data.

Reported crypto treasury NAV

This model does not apply to this company with the available financial data.

Model values are estimates under the assumptions shown. They are not share-price forecasts or investment advice.

Valuation models compared

Residual incomeBook value plus the present value of returns above the cost of equity, fading over ten years.
~$18~$12–$28
Justified price-to-bookBook value times (return on equity - growth) / (cost of equity - growth): steady-state returns.
~$11~$9.2–$14

Different models answer different questions: the cash-flow models ask what the business generates for owners; the peer multiples ask what similar companies in our coverage trade on. Where they disagree, the gap is the story. Projections are estimates based on current data, updated daily. Not investment advice. How each model works.

Analyst recommendations

13 analysts, Nov 2026
Buy862%
Hold538%
Sell00%

Monthly trend

  1. Nov 202635513
  2. Oct 202634512
  3. Sep 202633511

Counts of recommendations published by analysts covering Baytex Energy Corp., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Price history

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Third-party market data · may be delayed

The assumptions

Free cash flow (TTM, FY2025 Q4)
$717M
Less stock-based pay
$0
Cash flow we value
$558M
Growth, years 1–5 (base)
%
Then fading to
2.5%
Discount rate
8.5%
Net cash added
$695M
Diluted shares
769M

What would move the value

Growth 5 points lower
−24%
Growth 5 points higher
+31%
Free-cash-flow margin 1 point lower
−1%
Discount rate 1 point higher
−14%

Change in our model value when one input moves, all else equal.

BTE valuation questions

How does Fundamentalytics value Baytex Energy Corp.?
We use the models that fit Baytex Energy Corp.'s business and available financial data: residual income, justified price-to-book. Each model has its own assumptions and data requirements. The calculator explains which models are available and lets you adjust their inputs.

Data: SEC EDGAR filings, retrieved November 2, 2026. Method: how we value companies. Disclosures: research and recommendations disclosure. Back to Baytex Energy Corp.

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