SHELL PLC (SHELL.AS) Stock Fundamental Analysis
AMS:SHELL - GB00BP6MXD84 - Common Stock
31.225 EUR
+0.15 (+0.48%)
SHELL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 59 industry peers in the Oil, Gas & Consumable Fuels industry. SHELL has only an average score on both its financial health and profitability. SHELL has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year SHELL was profitable.
In the past year SHELL had a positive cash flow from operations.
SHELL had positive earnings in 4 of the past 5 years.
SHELL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 3.47%, SHELL perfoms like the industry average, outperforming 49.15% of the companies in the same industry.
The Return On Equity of SHELL (7.56%) is comparable to the rest of the industry.
SHELL has a Return On Invested Capital (6.41%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for SHELL is significantly below the industry average of 13.54%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 7.56% | ||
| ROIC | 6.41% |
ROA(3y)6.16%
ROA(5y)3.54%
ROE(3y)13.87%
ROE(5y)7.87%
ROIC(3y)8.04%
ROIC(5y)5.84%
1.3 Margins
SHELL's Profit Margin of 4.81% is on the low side compared to the rest of the industry. SHELL is outperformed by 64.41% of its industry peers.
SHELL's Profit Margin has improved in the last couple of years.
The Operating Margin of SHELL (11.60%) is worse than 66.10% of its industry peers.
In the last couple of years the Operating Margin of SHELL has grown nicely.
SHELL's Gross Margin of 25.21% is on the low side compared to the rest of the industry. SHELL is outperformed by 74.58% of its industry peers.
SHELL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.6% | ||
| PM (TTM) | 4.81% | ||
| GM | 25.21% |
OM growth 3Y5.7%
OM growth 5Y9.29%
PM growth 3Y-9.7%
PM growth 5Y4.27%
GM growth 3Y2.18%
GM growth 5Y6.18%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SHELL is still creating some value.
The number of shares outstanding for SHELL has been reduced compared to 1 year ago.
Compared to 5 years ago, SHELL has less shares outstanding
The debt/assets ratio for SHELL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.10 indicates that SHELL is not a great score, but indicates only limited risk for bankruptcy at the moment.
SHELL has a Altman-Z score of 2.10. This is in the better half of the industry: SHELL outperforms 62.71% of its industry peers.
SHELL has a debt to FCF ratio of 2.45. This is a good value and a sign of high solvency as SHELL would need 2.45 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.45, SHELL is in the better half of the industry, outperforming 74.58% of the companies in the same industry.
A Debt/Equity ratio of 0.36 indicates that SHELL is not too dependend on debt financing.
SHELL has a Debt to Equity ratio of 0.36. This is in the better half of the industry: SHELL outperforms 61.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 2.45 | ||
| Altman-Z | 2.1 |
ROIC/WACC0.89
WACC7.2%
2.3 Liquidity
SHELL has a Current Ratio of 1.32. This is a normal value and indicates that SHELL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.32, SHELL is in line with its industry, outperforming 42.37% of the companies in the same industry.
SHELL has a Quick Ratio of 1.08. This is a normal value and indicates that SHELL is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of SHELL (1.08) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
SHELL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -23.98%.
Measured over the past years, SHELL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.99% on average per year.
Looking at the last year, SHELL shows a decrease in Revenue. The Revenue has decreased by -9.94% in the last year.
Measured over the past years, SHELL shows a decrease in Revenue. The Revenue has been decreasing by -3.79% on average per year.
EPS 1Y (TTM)-23.98%
EPS 3Y14.67%
EPS 5Y12.99%
EPS Q2Q%-27.27%
Revenue 1Y (TTM)-9.94%
Revenue growth 3Y2.83%
Revenue growth 5Y-3.79%
Sales Q2Q%-12.16%
3.2 Future
SHELL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.40% yearly.
SHELL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.02% yearly.
EPS Next Y-2.58%
EPS Next 2Y3.05%
EPS Next 3Y4.54%
EPS Next 5Y3.4%
Revenue Next Year-5.78%
Revenue Next 2Y-3.08%
Revenue Next 3Y0.02%
Revenue Next 5YN/A
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.40 indicates a reasonable valuation of SHELL.
SHELL's Price/Earnings ratio is a bit cheaper when compared to the industry. SHELL is cheaper than 62.71% of the companies in the same industry.
SHELL is valuated cheaply when we compare the Price/Earnings ratio to 27.24, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 9.15, the valuation of SHELL can be described as reasonable.
Based on the Price/Forward Earnings ratio, SHELL is valued a bit cheaper than the industry average as 61.02% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.82, SHELL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.4 | ||
| Fwd PE | 9.15 |
4.2 Price Multiples
SHELL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SHELL is cheaper than 76.27% of the companies in the same industry.
86.44% of the companies in the same industry are more expensive than SHELL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.4 | ||
| EV/EBITDA | 3.09 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.88
EPS Next 2Y3.05%
EPS Next 3Y4.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.98%, SHELL has a reasonable but not impressive dividend return.
SHELL's Dividend Yield is comparable with the industry average which is at 60.43.
Compared to an average S&P500 Dividend Yield of 2.36, SHELL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.98% |
5.2 History
The dividend of SHELL decreases each year by -6.24%.
Dividend Growth(5Y)-6.24%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
63.90% of the earnings are spent on dividend by SHELL. This is not a sustainable payout ratio.
DP63.9%
EPS Next 2Y3.05%
EPS Next 3Y4.54%
AMS:SHELL (8/22/2025, 7:00:00 PM)
31.225
+0.15 (+0.48%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners35.27%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap91.33B
Analysts77.69
Price Target37.33 (19.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.98% |
Yearly Dividend1.17
Dividend Growth(5Y)-6.24%
DP63.9%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-16.83%
Min EPS beat(2)-29.22%
Max EPS beat(2)-4.43%
EPS beat(4)2
Avg EPS beat(4)-1.81%
Min EPS beat(4)-29.22%
Max EPS beat(4)19.68%
EPS beat(8)4
Avg EPS beat(8)-0.97%
EPS beat(12)8
Avg EPS beat(12)2.73%
EPS beat(16)10
Avg EPS beat(16)2.32%
Revenue beat(2)0
Avg Revenue beat(2)-11.11%
Min Revenue beat(2)-13.37%
Max Revenue beat(2)-8.85%
Revenue beat(4)0
Avg Revenue beat(4)-7.85%
Min Revenue beat(4)-13.37%
Max Revenue beat(4)-4.01%
Revenue beat(8)1
Avg Revenue beat(8)-8.11%
Revenue beat(12)3
Avg Revenue beat(12)-7.71%
Revenue beat(16)3
Avg Revenue beat(16)-13.19%
PT rev (1m)-1.52%
PT rev (3m)-6.92%
EPS NQ rev (1m)-14.41%
EPS NQ rev (3m)-19.47%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-5.85%
Revenue NQ rev (3m)-9.14%
Revenue NY rev (1m)-0.47%
Revenue NY rev (3m)-0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.4 | ||
| Fwd PE | 9.15 | ||
| P/S | 0.38 | ||
| P/FCF | 3.4 | ||
| P/OCF | 2.1 | ||
| P/B | 0.59 | ||
| P/tB | 0.7 | ||
| EV/EBITDA | 3.09 |
EPS(TTM)2.74
EY8.78%
EPS(NY)3.41
Fwd EY10.93%
FCF(TTM)9.18
FCFY29.41%
OCF(TTM)14.87
OCFY47.63%
SpS82.56
BVpS52.52
TBVpS44.47
PEG (NY)N/A
PEG (5Y)0.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 7.56% | ||
| ROCE | 11.12% | ||
| ROIC | 6.41% | ||
| ROICexc | 6.41% | ||
| ROICexgc | 7.08% | ||
| OM | 11.6% | ||
| PM (TTM) | 4.81% | ||
| GM | 25.21% | ||
| FCFM | 11.12% |
ROA(3y)6.16%
ROA(5y)3.54%
ROE(3y)13.87%
ROE(5y)7.87%
ROIC(3y)8.04%
ROIC(5y)5.84%
ROICexc(3y)9.19%
ROICexc(5y)6.67%
ROICexgc(3y)10.16%
ROICexgc(5y)7.37%
ROCE(3y)13.98%
ROCE(5y)10.15%
ROICexcg growth 3Y11.44%
ROICexcg growth 5Y9.96%
ROICexc growth 3Y11.06%
ROICexc growth 5Y9.38%
OM growth 3Y5.7%
OM growth 5Y9.29%
PM growth 3Y-9.7%
PM growth 5Y4.27%
GM growth 3Y2.18%
GM growth 5Y6.18%
F-Score6
Asset Turnover0.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 2.45 | ||
| Debt/EBITDA | 1.1 | ||
| Cap/Depr | 73.28% | ||
| Cap/Sales | 6.89% | ||
| Interest Coverage | 7.26 | ||
| Cash Conversion | 85.79% | ||
| Profit Quality | 231.34% | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 2.1 |
F-Score6
WACC7.2%
ROIC/WACC0.89
Cap/Depr(3y)89.47%
Cap/Depr(5y)74.12%
Cap/Sales(3y)6.69%
Cap/Sales(5y)7.31%
Profit Quality(3y)162.48%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-23.98%
EPS 3Y14.67%
EPS 5Y12.99%
EPS Q2Q%-27.27%
EPS Next Y-2.58%
EPS Next 2Y3.05%
EPS Next 3Y4.54%
EPS Next 5Y3.4%
Revenue 1Y (TTM)-9.94%
Revenue growth 3Y2.83%
Revenue growth 5Y-3.79%
Sales Q2Q%-12.16%
Revenue Next Year-5.78%
Revenue Next 2Y-3.08%
Revenue Next 3Y0.02%
Revenue Next 5YN/A
EBIT growth 1Y-7.09%
EBIT growth 3Y8.68%
EBIT growth 5Y5.15%
EBIT Next Year42.26%
EBIT Next 3Y12.68%
EBIT Next 5Y8.3%
FCF growth 1Y-27.68%
FCF growth 3Y10.36%
FCF growth 5Y12.81%
OCF growth 1Y-25.27%
OCF growth 3Y6.63%
OCF growth 5Y5.33%