Company Valuation: Valero Energy Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 30,708 48,907 44,259 38,810 49,653 98,376 - -
Change - 59.27% -9.5% -12.31% 27.94% 98.13% - -
Enterprise Value (EV) 1 40,456 55,680 50,359 44,616 55,584 100,251 98,811 97,337
Change - 37.63% -9.56% -11.4% 24.58% 80.36% -1.44% -1.49%
P/E 33.1x 4.37x 5.22x 14.3x 21.5x 8.36x 12.1x 13.8x
PBR 1.66x 2x 1.64x 1.58x 2.05x 3.59x 3.2x 3.17x
PEG - 0x -0.4x -0.2x -1.8x 0x -0.4x -1.2x
Capitalization / Revenue 0.27x 0.28x 0.31x 0.3x 0.4x 0.66x 0.77x 0.86x
EV / Revenue 0.35x 0.32x 0.35x 0.34x 0.45x 0.68x 0.77x 0.85x
EV / EBITDA 8.92x 3.07x 3.46x 6.83x 7.36x 5.22x 7.51x 9.51x
EV / EBIT 17.3x 3.55x 4.25x 11.9x 17.5x 6.12x 8.76x 12.2x
EV / FCF 11.9x 5.66x 6.89x 9.64x 14.1x 6.93x 9.22x 11.7x
FCF Yield 8.41% 17.7% 14.5% 10.4% 7.08% 14.4% 10.8% 8.57%
Dividend per Share 2 3.92 3.92 4.08 4.28 4.52 4.847 5.083 5.285
Rate of return 5.22% 3.09% 3.14% 3.49% 2.78% 1.42% 1.49% 1.55%
EPS 2 2.27 29.04 24.92 8.58 7.57 40.88 28.15 24.78
Distribution rate 173% 13.5% 16.4% 49.9% 59.7% 11.9% 18.1% 21.3%
Net sales 1 113,977 176,383 144,766 129,881 122,687 148,257 127,506 114,106
EBITDA 1 4,535 18,163 14,559 6,529 7,557 19,212 13,162 10,238
EBIT 1 2,333 15,690 11,858 3,755 3,181 16,392 11,279 8,004
Net income 1 930 11,528 8,835 2,770 2,348 12,091 7,507 5,794
Net Debt 1 9,748 6,773 6,100 5,806 5,931 1,874 434.7 -1,039
Reference price 2 75.11 126.86 130.00 122.59 162.79 341.67 341.67 341.67
Nbr of stocks (in thousands) 408,836 385,523 340,453 316,585 305,010 287,927 - -
Announcement Date 27/1/22 26/1/23 25/1/24 30/1/25 29/1/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.01x1.69x7.29x2.59% 658B
20.34x1.68x9.8x0.45% 185B
7.23x0.58x2.67x4.81% 109B
7.54x0.75x5.12x1.15% 99.81B
8.36x0.68x5.22x1.42% 98.38B
9.19x0.65x6.69x2.17% 93.22B
10.19x0.31x4.79x6.66% 84.74B
12.87x1.52x8.24x1.85% 64.52B
6.24x0.46x3.21x4.11% 33.83B
Average 10.66x 0.92x 5.89x 2.8% 158.63B
Weighted average by Cap. 12.69x 1.28x 6.72x 2.52%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  5. Valuation Valero Energy Corporation