CHEVRON CORP (1CVX.MI) Stock Fundamental Analysis
BIT:1CVX - Euronext Milan - US1667641005 - Common Stock - Currency: EUR
Taking everything into account, 1CVX scores 4 out of 10 in our fundamental rating. 1CVX was compared to 60 industry peers in the Oil, Gas & Consumable Fuels industry. 1CVX has an average financial health and profitability rating. 1CVX does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year 1CVX was profitable.
In the past year 1CVX had a positive cash flow from operations.
Of the past 5 years 1CVX 4 years were profitable.
In the past 5 years 1CVX always reported a positive cash flow from operatings.
1.2 Ratios
1CVX's Return On Assets of 6.87% is fine compared to the rest of the industry. 1CVX outperforms 62.30% of its industry peers.
1CVX has a Return On Equity (11.59%) which is comparable to the rest of the industry.
1CVX has a Return On Invested Capital of 7.73%. This is comparable to the rest of the industry: 1CVX outperforms 49.18% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1CVX is below the industry average of 11.93%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.87% | ||
| ROE | 11.59% | ||
| ROIC | 7.73% |
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 9.13% is in line compared to the rest of the industry. 1CVX outperforms 52.46% of its industry peers.
1CVX's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 12.76%, 1CVX is doing worse than 65.57% of the companies in the same industry.
In the last couple of years the Operating Margin of 1CVX has grown nicely.
The Gross Margin of 1CVX (38.37%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of 1CVX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.76% | ||
| PM (TTM) | 9.13% | ||
| GM | 38.37% |
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) below the Cost of Capital (WACC), 1CVX is destroying value.
The number of shares outstanding for 1CVX has been reduced compared to 1 year ago.
Compared to 5 years ago, 1CVX has less shares outstanding
1CVX has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.59 indicates that 1CVX is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.59, 1CVX belongs to the best of the industry, outperforming 81.97% of the companies in the same industry.
The Debt to FCF ratio of 1CVX is 1.63, which is an excellent value as it means it would take 1CVX, only 1.63 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.63, 1CVX belongs to the top of the industry, outperforming 80.33% of the companies in the same industry.
1CVX has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
1CVX's Debt to Equity ratio of 0.13 is fine compared to the rest of the industry. 1CVX outperforms 77.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.63 | ||
| Altman-Z | 3.59 |
ROIC/WACC0.77
WACC10%
2.3 Liquidity
1CVX has a Current Ratio of 1.06. This is a normal value and indicates that 1CVX is financially healthy and should not expect problems in meeting its short term obligations.
1CVX has a worse Current ratio (1.06) than 75.41% of its industry peers.
A Quick Ratio of 0.83 indicates that 1CVX may have some problems paying its short term obligations.
1CVX has a Quick ratio of 0.83. This is amonst the worse of the industry: 1CVX underperforms 80.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
The earnings per share for 1CVX have decreased strongly by -23.46% in the last year.
The Earnings Per Share has been growing by 10.14% on average over the past years. This is quite good.
The Revenue has decreased by -1.78% in the past 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)-23.46%
EPS 3Y7.32%
EPS 5Y10.14%
EPS Q2Q%-40.29%
Revenue 1Y (TTM)-1.78%
Revenue growth 3Y7.52%
Revenue growth 5Y6.65%
Sales Q2Q%10.7%
3.2 Future
The Earnings Per Share is expected to grow by 7.06% on average over the next years.
Based on estimates for the next years, 1CVX will show a decrease in Revenue. The Revenue will decrease by -4.98% on average per year.
EPS Next Y-8.75%
EPS Next 2Y5.34%
EPS Next 3Y9.58%
EPS Next 5Y7.06%
Revenue Next Year-4.89%
Revenue Next 2Y-1.91%
Revenue Next 3Y-0.31%
Revenue Next 5Y-4.98%
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 13.77 indicates a correct valuation of 1CVX.
The rest of the industry has a similar Price/Earnings ratio as 1CVX.
1CVX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.78.
With a Price/Forward Earnings ratio of 15.09, 1CVX is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1CVX is on the same level as its industry peers.
1CVX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.77 | ||
| Fwd PE | 15.09 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1CVX is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as 1CVX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.07 | ||
| EV/EBITDA | 6.18 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.36
EPS Next 2Y5.34%
EPS Next 3Y9.58%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.92%, 1CVX is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 62.39, 1CVX has a dividend in line with its industry peers.
1CVX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.92% |
5.2 History
On average, the dividend of 1CVX grows each year by 6.53%, which is quite nice.
Dividend Growth(5Y)6.53%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
66.82% of the earnings are spent on dividend by 1CVX. This is not a sustainable payout ratio.
The dividend of 1CVX is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP66.82%
EPS Next 2Y5.34%
EPS Next 3Y9.58%
BIT:1CVX (4/24/2025, 7:00:00 PM)
121.88
+1.06 (+0.88%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners68.58%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap212.89B
Analysts78.62
Price Target147.87 (21.32%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.92% |
Yearly Dividend5.72
Dividend Growth(5Y)6.53%
DP66.82%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.39%
Min EPS beat(2)-3.41%
Max EPS beat(2)2.63%
EPS beat(4)2
Avg EPS beat(4)-3.42%
Min EPS beat(4)-13.86%
Max EPS beat(4)2.63%
EPS beat(8)5
Avg EPS beat(8)-2.64%
EPS beat(12)8
Avg EPS beat(12)0.02%
EPS beat(16)10
Avg EPS beat(16)1.24%
Revenue beat(2)2
Avg Revenue beat(2)6.51%
Min Revenue beat(2)2.41%
Max Revenue beat(2)10.61%
Revenue beat(4)2
Avg Revenue beat(4)2%
Min Revenue beat(4)-4.79%
Max Revenue beat(4)10.61%
Revenue beat(8)5
Avg Revenue beat(8)0.71%
Revenue beat(12)8
Avg Revenue beat(12)2.79%
Revenue beat(16)10
Avg Revenue beat(16)2.41%
PT rev (1m)-12.36%
PT rev (3m)-13.42%
EPS NQ rev (1m)-7.7%
EPS NQ rev (3m)-13.28%
EPS NY rev (1m)-11.76%
EPS NY rev (3m)-17.91%
Revenue NQ rev (1m)-0.6%
Revenue NQ rev (3m)1.23%
Revenue NY rev (1m)-0.94%
Revenue NY rev (3m)0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.77 | ||
| Fwd PE | 15.09 | ||
| P/S | 1.25 | ||
| P/FCF | 16.07 | ||
| P/OCF | 7.68 | ||
| P/B | 1.59 | ||
| P/tB | 1.64 | ||
| EV/EBITDA | 6.18 |
EPS(TTM)8.85
EY7.26%
EPS(NY)8.07
Fwd EY6.62%
FCF(TTM)7.58
FCFY6.22%
OCF(TTM)15.88
OCFY13.03%
SpS97.5
BVpS76.78
TBVpS74.48
PEG (NY)N/A
PEG (5Y)1.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.87% | ||
| ROE | 11.59% | ||
| ROCE | 11.3% | ||
| ROIC | 7.73% | ||
| ROICexc | 7.98% | ||
| ROICexgc | 8.16% | ||
| OM | 12.76% | ||
| PM (TTM) | 9.13% | ||
| GM | 38.37% | ||
| FCFM | 7.78% |
ROA(3y)9.6%
ROA(5y)6.6%
ROE(3y)15.71%
ROE(5y)10.83%
ROIC(3y)9.34%
ROIC(5y)N/A
ROICexc(3y)9.89%
ROICexc(5y)N/A
ROICexgc(3y)10.11%
ROICexgc(5y)N/A
ROCE(3y)13.67%
ROCE(5y)N/A
ROICexcg growth 3Y11.59%
ROICexcg growth 5Y65.58%
ROICexc growth 3Y11.57%
ROICexc growth 5Y65.59%
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%
F-Score5
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.63 | ||
| Debt/EBITDA | 0.48 | ||
| Cap/Depr | 95.17% | ||
| Cap/Sales | 8.5% | ||
| Interest Coverage | 42.04 | ||
| Cash Conversion | 75.05% | ||
| Profit Quality | 85.18% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 3.59 |
F-Score5
WACC10%
ROIC/WACC0.77
Cap/Depr(3y)86.64%
Cap/Depr(5y)70.12%
Cap/Sales(3y)7.21%
Cap/Sales(5y)7.25%
Profit Quality(3y)94.62%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-23.46%
EPS 3Y7.32%
EPS 5Y10.14%
EPS Q2Q%-40.29%
EPS Next Y-8.75%
EPS Next 2Y5.34%
EPS Next 3Y9.58%
EPS Next 5Y7.06%
Revenue 1Y (TTM)-1.78%
Revenue growth 3Y7.52%
Revenue growth 5Y6.65%
Sales Q2Q%10.7%
Revenue Next Year-4.89%
Revenue Next 2Y-1.91%
Revenue Next 3Y-0.31%
Revenue Next 5Y-4.98%
EBIT growth 1Y-1.81%
EBIT growth 3Y12.39%
EBIT growth 5Y66.6%
EBIT Next Year59.54%
EBIT Next 3Y24.21%
EBIT Next 5Y17.43%
FCF growth 1Y-23.94%
FCF growth 3Y-10.71%
FCF growth 5Y2.65%
OCF growth 1Y-11.56%
OCF growth 3Y2.57%
OCF growth 5Y2.89%