CHEVRON CORP (CHV.DE) Stock Fundamental Analysis
FRA:CHV - Deutsche Boerse Ag - US1667641005 - Common Stock - Currency: EUR
CHV gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 62 industry peers in the Oil, Gas & Consumable Fuels industry. CHV has only an average score on both its financial health and profitability. CHV has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
CHV had positive earnings in the past year.
In the past year CHV had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CHV reported negative net income in multiple years.
CHV had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
CHV's Return On Assets of 6.43% is in line compared to the rest of the industry. CHV outperforms 56.67% of its industry peers.
The Return On Equity of CHV (10.68%) is worse than 65.00% of its industry peers.
CHV has a Return On Invested Capital (6.68%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for CHV is below the industry average of 12.33%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.43% | ||
| ROE | 10.68% | ||
| ROIC | 6.68% |
ROA(3y)9.48%
ROA(5y)5.47%
ROE(3y)15.59%
ROE(5y)8.92%
ROIC(3y)9.08%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CHV (8.60%) is comparable to the rest of the industry.
CHV's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 10.69%, CHV is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of CHV has grown nicely.
CHV has a Gross Margin of 39.42%. This is comparable to the rest of the industry: CHV outperforms 45.00% of its industry peers.
CHV's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.69% | ||
| PM (TTM) | 8.6% | ||
| GM | 39.42% |
OM growth 3YN/A
OM growth 5Y5.57%
PM growth 3YN/A
PM growth 5Y3.05%
GM growth 3Y-5.36%
GM growth 5Y-0.49%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CHV is creating some value.
CHV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
CHV has an Altman-Z score of 3.73. This indicates that CHV is financially healthy and has little risk of bankruptcy at the moment.
CHV has a Altman-Z score of 3.73. This is amongst the best in the industry. CHV outperforms 81.67% of its industry peers.
The Debt to FCF ratio of CHV is 1.38, which is an excellent value as it means it would take CHV, only 1.38 years of fcf income to pay off all of its debts.
CHV has a better Debt to FCF ratio (1.38) than 78.33% of its industry peers.
CHV has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
CHV has a better Debt to Equity ratio (0.13) than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.38 | ||
| Altman-Z | 3.73 |
ROIC/WACC0.78
WACC8.61%
2.3 Liquidity
CHV has a Current Ratio of 1.07. This is a normal value and indicates that CHV is financially healthy and should not expect problems in meeting its short term obligations.
CHV's Current ratio of 1.07 is on the low side compared to the rest of the industry. CHV is outperformed by 81.67% of its industry peers.
A Quick Ratio of 0.80 indicates that CHV may have some problems paying its short term obligations.
With a Quick ratio value of 0.80, CHV is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
The earnings per share for CHV 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.
EPS 1Y (TTM)-23.46%
EPS 3Y7.32%
EPS 5Y10.14%
EPS Q2Q%-40.29%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%10.7%
3.2 Future
Based on estimates for the next years, CHV will show a small growth in Earnings Per Share. The EPS will grow by 6.99% on average per year.
CHV is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.96% yearly.
EPS Next Y9.91%
EPS Next 2Y12.71%
EPS Next 3Y9.6%
EPS Next 5Y6.99%
Revenue Next Year-5.1%
Revenue Next 2Y0.68%
Revenue Next 3Y-6.41%
Revenue Next 5Y-4.96%
3.3 Evolution
When comparing the EPS 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
Based on the Price/Earnings ratio of 15.15, the valuation of CHV can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of CHV indicates a slightly more expensive valuation: CHV is more expensive than 73.33% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CHV to the average of the S&P500 Index (28.47), we can say CHV is valued slightly cheaper.
The Price/Forward Earnings ratio is 13.77, which indicates a correct valuation of CHV.
61.67% of the companies in the same industry are cheaper than CHV, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CHV to the average of the S&P500 Index (92.74), we can say CHV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.15 | ||
| Fwd PE | 13.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CHV is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
CHV's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. CHV is more expensive than 61.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.58 | ||
| EV/EBITDA | 7.51 |
4.3 Compensation for Growth
CHV's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.53
PEG (5Y)1.49
EPS Next 2Y12.71%
EPS Next 3Y9.6%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.17%, CHV is a good candidate for dividend investing.
CHV's Dividend Yield is comparable with the industry average which is at 60.90.
Compared to an average S&P500 Dividend Yield of 2.28, CHV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
5.2 History
The dividend of CHV is nicely growing with an annual growth rate of 6.07%!
Dividend Growth(5Y)6.07%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
70.28% of the earnings are spent on dividend by CHV. This is not a sustainable payout ratio.
The dividend of CHV is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP70.28%
EPS Next 2Y12.71%
EPS Next 3Y9.6%
CHEVRON CORP
FRA:CHV (2/5/2025, 5:14:24 PM)
147.22
-0.38 (-0.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners69.29%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap264.57B
Analysts78.67
Price Target170.36 (15.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
Yearly Dividend6
Dividend Growth(5Y)6.07%
DP70.28%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.62%
Min EPS beat(2)-13.86%
Max EPS beat(2)2.63%
EPS beat(4)3
Avg EPS beat(4)-0.93%
Min EPS beat(4)-13.86%
Max EPS beat(4)6.55%
EPS beat(8)5
Avg EPS beat(8)-3.16%
EPS beat(12)8
Avg EPS beat(12)-1.26%
EPS beat(16)10
Avg EPS beat(16)-5.66%
Revenue beat(2)1
Avg Revenue beat(2)1.09%
Min Revenue beat(2)-0.24%
Max Revenue beat(2)2.41%
Revenue beat(4)1
Avg Revenue beat(4)-3.03%
Min Revenue beat(4)-9.51%
Max Revenue beat(4)2.41%
Revenue beat(8)4
Avg Revenue beat(8)-0.76%
Revenue beat(12)7
Avg Revenue beat(12)1.85%
Revenue beat(16)9
Avg Revenue beat(16)1.36%
PT rev (1m)-0.41%
PT rev (3m)8.18%
EPS NQ rev (1m)-12.58%
EPS NQ rev (3m)-35.7%
EPS NY rev (1m)-1.96%
EPS NY rev (3m)-10.96%
Revenue NQ rev (1m)-2.59%
Revenue NQ rev (3m)-5.97%
Revenue NY rev (1m)-0.38%
Revenue NY rev (3m)-0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.15 | ||
| Fwd PE | 13.77 | ||
| P/S | 1.41 | ||
| P/FCF | 14.58 | ||
| P/OCF | 7.76 | ||
| P/B | 1.75 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | 7.51 |
EPS(TTM)9.72
EY6.6%
EPS(NY)10.69
Fwd EY7.26%
FCF(TTM)10.1
FCFY6.86%
OCF(TTM)18.97
OCFY12.88%
SpS104.46
BVpS84.1
TBVpS81.56
PEG (NY)1.53
PEG (5Y)1.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.43% | ||
| ROE | 10.68% | ||
| ROCE | 9.28% | ||
| ROIC | 6.68% | ||
| ROICexc | 6.83% | ||
| ROICexgc | 6.98% | ||
| OM | 10.69% | ||
| PM (TTM) | 8.6% | ||
| GM | 39.42% | ||
| FCFM | 9.67% |
ROA(3y)9.48%
ROA(5y)5.47%
ROE(3y)15.59%
ROE(5y)8.92%
ROIC(3y)9.08%
ROIC(5y)N/A
ROICexc(3y)9.62%
ROICexc(5y)N/A
ROICexgc(3y)9.84%
ROICexgc(5y)N/A
ROCE(3y)12.63%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y9.7%
ROICexc growth 3YN/A
ROICexc growth 5Y9.69%
OM growth 3YN/A
OM growth 5Y5.57%
PM growth 3YN/A
PM growth 5Y3.05%
GM growth 3Y-5.36%
GM growth 5Y-0.49%
F-Score5
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.38 | ||
| Debt/EBITDA | 0.53 | ||
| Cap/Depr | 88.73% | ||
| Cap/Sales | 8.49% | ||
| Interest Coverage | 41.57 | ||
| Cash Conversion | 89.63% | ||
| Profit Quality | 112.46% | ||
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 3.73 |
F-Score5
WACC8.61%
ROIC/WACC0.78
Cap/Depr(3y)69.89%
Cap/Depr(5y)60.75%
Cap/Sales(3y)6.1%
Cap/Sales(5y)7.56%
Profit Quality(3y)111.3%
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 Y9.91%
EPS Next 2Y12.71%
EPS Next 3Y9.6%
EPS Next 5Y6.99%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%10.7%
Revenue Next Year-5.1%
Revenue Next 2Y0.68%
Revenue Next 3Y-6.41%
Revenue Next 5Y-4.96%
EBIT growth 1Y-32.68%
EBIT growth 3YN/A
EBIT growth 5Y10.22%
EBIT Next Year27.8%
EBIT Next 3Y17.17%
EBIT Next 5Y1.5%
FCF growth 1Y-47.62%
FCF growth 3Y128.64%
FCF growth 5Y3.29%
OCF growth 1Y-24.34%
OCF growth 3Y49.88%
OCF growth 5Y3.07%