Chevron Corp Stock Current Valuation

CVX Stock  USD 157.74  1.39  0.89%   
Valuation analysis of Chevron Corp helps investors to measure Chevron Corp's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value Multiple is likely to rise to 6.58 in 2024. Fundamental drivers impacting Chevron Corp's valuation include:
Price Book
1.7916
Enterprise Value
301 B
Enterprise Value Ebitda
6.2949
Price Sales
1.4804
Forward PE
12.1655
Fairly Valued
Today
157.74
Please note that Chevron Corp's price fluctuation is very steady at this time. Calculation of the real value of Chevron Corp is based on 3 months time horizon. Increasing Chevron Corp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Chevron Corp is useful when determining the fair value of the Chevron stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Chevron Corp. Since Chevron Corp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Chevron Stock. However, Chevron Corp's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  157.74 Real  156.32 Target  178.17 Hype  156.34 Naive  158.83
The real value of Chevron Stock, also known as its intrinsic value, is the underlying worth of Chevron Corp Company, which is reflected in its stock price. It is based on Chevron Corp's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Chevron Corp's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Chevron Corp's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
155.13
Downside
156.32
Real Value
157.51
Upside
Estimating the potential upside or downside of Chevron Corp helps investors to forecast how Chevron stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Chevron Corp more accurately as focusing exclusively on Chevron Corp's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
2.352.773.27
Details
Hype
Prediction
LowEstimatedHigh
155.15156.34157.53
Details
Potential
Annual Dividend
LowForecastedHigh
3.863.984.10
Details
24 Analysts
Consensus
LowTarget PriceHigh
162.13178.17197.77
Details

Chevron Current Valuation Analysis

Chevron Corp's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total31.4B23.3B26.1B20.5B
Total Assets239.5B257.7B261.6B171.8B

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Chevron Corp Current Valuation

    
  300.99 B  
Most of Chevron Corp's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Chevron Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Chevron Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for Chevron Corp is extremely important. It helps to project a fair market value of Chevron Stock properly, considering its historical fundamentals such as Current Valuation. Since Chevron Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Chevron Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Chevron Corp's interrelated accounts and indicators.
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Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Chevron Corp has a Current Valuation of 300.99 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and 36.29% higher than that of the Energy industry. The current valuation for all United States stocks is significantly lower than that of the firm.

Chevron Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chevron Corp's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chevron Corp could also be used in its relative valuation, which is a method of valuing Chevron Corp by comparing valuation metrics of similar companies.
Chevron Corp is currently under evaluation in current valuation category among related companies.

Chevron Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Chevron Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Chevron Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Chevron Fundamentals

About Chevron Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Chevron Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chevron Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chevron Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. Chevron Corporation was founded in 1879 and is based in San Ramon, California. Chevron Corp operates under Oil Gas Integrated classification in the United States and is traded on New York Stock Exchange. It employs 42595 people.

Pair Trading with Chevron Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chevron Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chevron Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Chevron Stock

  0.8BP BP PLC ADR Financial Report 7th of May 2024 PairCorr
  0.69SU Suncor Energy Financial Report 13th of May 2024 PairCorr

Moving against Chevron Stock

  0.46EQNR Equinor ASA ADR Financial Report 2nd of May 2024 PairCorr
The ability to find closely correlated positions to Chevron Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chevron Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chevron Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chevron Corp to buy it.
The correlation of Chevron Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chevron Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chevron Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chevron Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Chevron Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chevron Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chevron Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chevron Corp Stock:

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When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.
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Is Chevron Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chevron Corp. If investors know Chevron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chevron Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.64)
Dividend Share
6.04
Earnings Share
11.37
Revenue Per Share
104.004
Quarterly Revenue Growth
(0.15)
The market value of Chevron Corp is measured differently than its book value, which is the value of Chevron that is recorded on the company's balance sheet. Investors also form their own opinion of Chevron Corp's value that differs from its market value or its book value, called intrinsic value, which is Chevron Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chevron Corp's market value can be influenced by many factors that don't directly affect Chevron Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chevron Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chevron Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chevron Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.