CHEVRON CORP (1CVX.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1CVX - US1667641005 - Common Stock
142.16 EUR
-1.28 (-0.89%)
Overall 1CVX gets a fundamental rating of 4 out of 10. We evaluated 1CVX against 75 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of 1CVX get a neutral evaluation. Nothing too spectacular is happening here. 1CVX has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- 1CVX had positive earnings in the past year.
- In the past year 1CVX had a positive cash flow from operations.
- 1CVX had positive earnings in 4 of the past 5 years.
- In the past 5 years 1CVX always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of 1CVX (3.91%) is comparable to the rest of the industry.
- The Return On Equity of 1CVX (6.73%) is worse than 60.00% of its industry peers.
- With a Return On Invested Capital value of 4.76%, 1CVX perfoms like the industry average, outperforming 41.33% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for 1CVX is in line with the industry average of 8.82%.
- The 3 year average ROIC (9.34%) for 1CVX is well above the current ROIC(4.76%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.91% | ||
| ROE | 6.73% | ||
| ROIC | 4.76% |
ROA(3y)9.6%
ROA(5y)6.6%
ROE(3y)15.71%
ROE(5y)10.83%
ROIC(3y)9.34%
ROIC(5y)N/A
1.3 Margins
- 1CVX's Profit Margin of 6.83% is in line compared to the rest of the industry. 1CVX outperforms 49.33% of its industry peers.
- 1CVX's Profit Margin has improved in the last couple of years.
- 1CVX has a worse Operating Margin (10.82%) than 64.00% of its industry peers.
- In the last couple of years the Operating Margin of 1CVX has grown nicely.
- The Gross Margin of 1CVX (39.56%) is comparable to the rest of the industry.
- 1CVX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.82% | ||
| PM (TTM) | 6.83% | ||
| GM | 39.56% |
OM growth 3Y4.53%
OM growth 5Y56.2%
PM growth 3Y-3.12%
PM growth 5Y34.35%
GM growth 3Y-3.4%
GM growth 5Y-2.19%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), 1CVX is creating some value.
- Compared to 1 year ago, 1CVX has less shares outstanding
- Compared to 5 years ago, 1CVX has less shares outstanding
- Compared to 1 year ago, 1CVX has a worse debt to assets ratio.
2.2 Solvency
- 1CVX has an Altman-Z score of 3.15. This indicates that 1CVX is financially healthy and has little risk of bankruptcy at the moment.
- 1CVX has a Altman-Z score of 3.15. This is in the better half of the industry: 1CVX outperforms 74.67% of its industry peers.
- The Debt to FCF ratio of 1CVX is 2.69, which is a good value as it means it would take 1CVX, 2.69 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 2.69, 1CVX is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
- 1CVX has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
- 1CVX has a better Debt to Equity ratio (0.20) than 78.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.69 | ||
| Altman-Z | 3.15 |
ROIC/WACC0.57
WACC8.38%
2.3 Liquidity
- 1CVX has a Current Ratio of 1.15. This is a normal value and indicates that 1CVX is financially healthy and should not expect problems in meeting its short term obligations.
- 1CVX's Current ratio of 1.15 is on the low side compared to the rest of the industry. 1CVX is outperformed by 64.00% of its industry peers.
- 1CVX has a Quick Ratio of 1.15. This is a bad value and indicates that 1CVX is not financially healthy enough and could expect problems in meeting its short term obligations.
- 1CVX has a worse Quick ratio (0.86) than 62.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- 1CVX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -31.29%.
- The Earnings Per Share has been growing by 10.14% on average over the past years. This is quite good.
- Looking at the last year, 1CVX shows a decrease in Revenue. The Revenue has decreased by -3.63% in the last year.
- Measured over the past years, 1CVX shows a small growth in Revenue. The Revenue has been growing by 6.65% on average per year.
EPS 1Y (TTM)-31.29%
EPS 3Y7.32%
EPS 5Y10.14%
EPS Q2Q%-26.29%
Revenue 1Y (TTM)-3.63%
Revenue growth 3Y7.52%
Revenue growth 5Y6.65%
Sales Q2Q%-1.86%
3.2 Future
- Based on estimates for the next years, 1CVX will show a small growth in Earnings Per Share. The EPS will grow by 4.75% on average per year.
- The Revenue is expected to decrease by -1.94% on average over the next years.
EPS Next Y-25.72%
EPS Next 2Y-13.7%
EPS Next 3Y0.68%
EPS Next 5Y4.75%
Revenue Next Year-4.82%
Revenue Next 2Y-1.83%
Revenue Next 3Y-0.1%
Revenue Next 5Y-1.94%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 21.19 indicates a rather expensive valuation of 1CVX.
- 1CVX's Price/Earnings ratio is in line with the industry average.
- 1CVX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.30.
- A Price/Forward Earnings ratio of 22.23 indicates a rather expensive valuation of 1CVX.
- Based on the Price/Forward Earnings ratio, 1CVX is valued a bit more expensive than the industry average as 68.00% of the companies are valued more cheaply.
- The average S&P500 Price/Forward Earnings ratio is at 24.32. 1CVX is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.19 | ||
| Fwd PE | 22.23 |
4.2 Price Multiples
- 61.33% of the companies in the same industry are cheaper than 1CVX, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, 1CVX is valued a bit more expensive than 61.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.72 | ||
| EV/EBITDA | 9.35 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.09
EPS Next 2Y-13.7%
EPS Next 3Y0.68%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.12%, 1CVX is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 5.11, 1CVX pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, 1CVX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
5.2 History
- The dividend of 1CVX is nicely growing with an annual growth rate of 6.53%!
Dividend Growth(5Y)6.53%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 95.82% of the earnings are spent on dividend by 1CVX. This is not a sustainable payout ratio.
- 1CVX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP95.82%
EPS Next 2Y-13.7%
EPS Next 3Y0.68%
CHEVRON CORP / 1CVX.MI FAQ
What is the ChartMill fundamental rating of CHEVRON CORP (1CVX.MI) stock?
ChartMill assigns a fundamental rating of 4 / 10 to 1CVX.MI.
Can you provide the valuation status for CHEVRON CORP?
ChartMill assigns a valuation rating of 1 / 10 to CHEVRON CORP (1CVX.MI). This can be considered as Overvalued.
Can you provide the profitability details for CHEVRON CORP?
CHEVRON CORP (1CVX.MI) has a profitability rating of 5 / 10.
What are the PE and PB ratios of CHEVRON CORP (1CVX.MI) stock?
The Price/Earnings (PE) ratio for CHEVRON CORP (1CVX.MI) is 21.19 and the Price/Book (PB) ratio is 1.77.
Can you provide the dividend sustainability for 1CVX stock?
The dividend rating of CHEVRON CORP (1CVX.MI) is 6 / 10 and the dividend payout ratio is 95.82%.