CHEVRON CORP (CHV.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CHV - US1667641005 - Common Stock
142.16 EUR
+0.12 (+0.08%)
Taking everything into account, CHV scores 4 out of 10 in our fundamental rating. CHV was compared to 71 industry peers in the Oil, Gas & Consumable Fuels industry. CHV has an average financial health and profitability rating. CHV has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year CHV was profitable.
- CHV had a positive operating cash flow in the past year.
- Of the past 5 years CHV 4 years were profitable.
- Each year in the past 5 years CHV had a positive operating cash flow.
1.2 Ratios
- CHV has a Return On Assets of 3.91%. This is comparable to the rest of the industry: CHV outperforms 60.00% of its industry peers.
- CHV has a worse Return On Equity (6.73%) than 60.00% of its industry peers.
- The Return On Invested Capital of CHV (4.76%) is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years for CHV is in line with the industry average of 8.91%.
- The 3 year average ROIC (9.34%) for CHV 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
- CHV has a Profit Margin of 6.83%. This is comparable to the rest of the industry: CHV outperforms 49.33% of its industry peers.
- CHV's Profit Margin has improved in the last couple of years.
- CHV's Operating Margin of 10.82% is on the low side compared to the rest of the industry. CHV is outperformed by 64.00% of its industry peers.
- In the last couple of years the Operating Margin of CHV has grown nicely.
- The Gross Margin of CHV (39.56%) is comparable to the rest of the industry.
- CHV'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), CHV is creating some value.
- The number of shares outstanding for CHV has been reduced compared to 1 year ago.
- The number of shares outstanding for CHV has been reduced compared to 5 years ago.
- CHV has a worse debt/assets ratio than last year.
2.2 Solvency
- CHV has an Altman-Z score of 3.16. This indicates that CHV is financially healthy and has little risk of bankruptcy at the moment.
- CHV has a Altman-Z score of 3.16. This is in the better half of the industry: CHV outperforms 73.33% of its industry peers.
- The Debt to FCF ratio of CHV is 2.69, which is a good value as it means it would take CHV, 2.69 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of CHV (2.69) is better than 80.00% of its industry peers.
- CHV has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
- With a decent Debt to Equity ratio value of 0.20, CHV is doing good in the industry, outperforming 78.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.69 | ||
| Altman-Z | 3.16 |
ROIC/WACC0.57
WACC8.36%
2.3 Liquidity
- CHV has a Current Ratio of 1.15. This is a normal value and indicates that CHV is financially healthy and should not expect problems in meeting its short term obligations.
- With a Current ratio value of 1.15, CHV is not doing good in the industry: 64.00% of the companies in the same industry are doing better.
- A Quick Ratio of 0.86 indicates that CHV may have some problems paying its short term obligations.
- CHV's Quick ratio of 0.86 is on the low side compared to the rest of the industry. CHV is outperformed by 62.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- The earnings per share for CHV have decreased strongly by -31.29% in the last year.
- The Earnings Per Share has been growing by 10.14% on average over the past years. This is quite good.
- CHV shows a decrease in Revenue. In the last year, the revenue decreased by -3.63%.
- CHV shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.65% yearly.
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
- The Earnings Per Share is expected to grow by 4.75% on average over the next years.
- CHV is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.94% yearly.
EPS Next Y-26.4%
EPS Next 2Y-15.26%
EPS Next 3Y-0.81%
EPS Next 5Y4.75%
Revenue Next Year-4.98%
Revenue Next 2Y-2.61%
Revenue Next 3Y0.19%
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 21.25 indicates a rather expensive valuation of CHV.
- The rest of the industry has a similar Price/Earnings ratio as CHV.
- CHV's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.21.
- With a Price/Forward Earnings ratio of 23.13, CHV is valued on the expensive side.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CHV indicates a slightly more expensive valuation: CHV is more expensive than 69.33% of the companies listed in the same industry.
- CHV is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.25 | ||
| Fwd PE | 23.13 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CHV is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
- 61.33% of the companies in the same industry are cheaper than CHV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.79 | ||
| EV/EBITDA | 9.38 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.1
EPS Next 2Y-15.26%
EPS Next 3Y-0.81%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.10%, CHV is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 5.24, CHV pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.81, CHV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.1% |
5.2 History
- On average, the dividend of CHV grows each year by 6.53%, which is quite nice.
Dividend Growth(5Y)6.53%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
- 95.82% of the earnings are spent on dividend by CHV. This is not a sustainable payout ratio.
- CHV's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP95.82%
EPS Next 2Y-15.26%
EPS Next 3Y-0.81%
CHEVRON CORP / CHV.DE FAQ
Can you provide the ChartMill fundamental rating for CHEVRON CORP?
ChartMill assigns a fundamental rating of 4 / 10 to CHV.DE.
What is the valuation status of CHEVRON CORP (CHV.DE) stock?
ChartMill assigns a valuation rating of 1 / 10 to CHEVRON CORP (CHV.DE). This can be considered as Overvalued.
What is the profitability of CHV stock?
CHEVRON CORP (CHV.DE) has a profitability rating of 5 / 10.
What is the valuation of CHEVRON CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CHEVRON CORP (CHV.DE) is 21.25 and the Price/Book (PB) ratio is 1.77.
Can you provide the expected EPS growth for CHV stock?
The Earnings per Share (EPS) of CHEVRON CORP (CHV.DE) is expected to decline by -26.4% in the next year.