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 88,892 - -
Change - 59.27% -9.5% -12.31% 27.94% 79.03% - -
Enterprise Value (EV) 1 40,456 55,680 50,359 44,616 55,584 90,766 89,327 87,853
Change - 37.63% -9.56% -11.4% 24.58% 63.3% -1.59% -1.65%
P/E 33.1x 4.37x 5.22x 14.3x 21.5x 7.83x 11.9x 13.2x
PBR 1.66x 2x 1.64x 1.58x 2.05x 3.24x 2.89x 2.86x
PEG - 0x -0.4x -0.2x -1.8x 0x -0.4x -1.3x
Capitalization / Revenue 0.27x 0.28x 0.31x 0.3x 0.4x 0.6x 0.7x 0.8x
EV / Revenue 0.35x 0.32x 0.35x 0.34x 0.45x 0.62x 0.71x 0.79x
EV / EBITDA 8.92x 3.07x 3.46x 6.83x 7.36x 4.81x 7.01x 8.74x
EV / EBIT 17.3x 3.55x 4.25x 11.9x 17.5x 5.64x 8.2x 11.2x
EV / FCF 11.9x 5.66x 6.89x 9.64x 14.1x 6.53x 8.34x 10.5x
FCF Yield 8.41% 17.7% 14.5% 10.4% 7.08% 15.3% 12% 9.5%
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% 1.57% 1.65% 1.71%
EPS 2 2.27 29.04 24.92 8.58 7.57 39.41 26.02 23.35
Distribution rate 173% 13.5% 16.4% 49.9% 59.7% 12.3% 19.5% 22.6%
Net sales 1 113,977 176,383 144,766 129,881 122,687 147,103 126,273 111,058
EBITDA 1 4,535 18,163 14,559 6,529 7,557 18,853 12,742 10,055
EBIT 1 2,333 15,690 11,858 3,755 3,181 16,099 10,890 7,867
Net income 1 930 11,528 8,835 2,770 2,348 11,365 6,948 5,570
Net Debt 1 9,748 6,773 6,100 5,806 5,931 1,874 434.7 -1,039
Reference price 2 75.11 126.86 130.00 122.59 162.79 308.73 308.73 308.73
Nbr of stocks (in thousands) 408,836 385,523 340,453 316,585 305,010 287,927 - -
Announcement Date 1/27/22 A 1/26/23 A 1/25/24 A 1/30/25 A 1/29/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.75x1.65x7x2.68% 638B
20.48x1.69x9.87x0.45% 187B
8.26x0.63x2.86x4.62% 115B
7.22x0.77x5.44x1.32% 89.63B
10.49x0.31x4.95x6.44% 89.1B
9.14x0.63x6.78x2.45% 82.67B
10.23x1.96x5.02x2.57% 79.14B
13.09x1.53x8.26x1.89% 62.58B
5.79x0.45x3.12x4.23% 32.68B
Average 10.94x 1.07x 5.92x 2.96% 152.8B
Weighted average by Cap. 12.87x 1.35x 6.65x 2.67%

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