Chevron Valuation

Chevron Corporation -- USA Stock  

USD 112.59  2.70  2.46%

Chevron shows prevailing Real Value of $111.62604999999999 per share. The current price of the firm is $112.59. At this time the firm appears to be fairly valued. Macroaxis approximates value of Chevron from analyzing the firm fundamentals such as Profit Margin of 7.21% and Return On Equity of 6.29% as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.

Taking a look at a recent 8-K filing, we can see the numbers from their third quarter operations. The company reported earnings of $1.3 billion for the third quarter of 2016, compared with earnings of $2.0 billion in the third quarter of 2015. Sales and other operations revenues in the third quarter 2016 were $29 billion, compared to $33 billion in 2015 third quarter. These numbers are expected to be lower due to the low oil prices, but as the price begins to increase, this will certainly help these numbers increase.

Taking a look at the chart, we can see that price has been on steady increase from the year 2003. In mid 2015, we can see price retraced quite drastically and has also rebounded just as nicely. This is what I want to see in a chart because this means people are entering and taking profits, where as with price just going up, people haven’t taken profits on a massive scale. Right now might be a good entry area if you’re playing the ABC structure on the way up. Overall, the chart is looking good and moving with the fundamental numbers.

Valuation Drivers Correlation

Selected Chevron Corporation Valuation Data Over Time

Net Income Per Employee    Enterprise Value    Market Capitalization    
 Time Horizon     30 Days    Login   to change
Chevron Corporation is number one stock in price to earning category among related companies. It is rated second in five year return category among related companies reporting about  0.17  of Five Year Return per Price to Earning. The ratio of Price to Earning to Five Year Return for Chevron Corporation is roughly  5.90 
Fairly Valued
February 25, 2018
112.59
Market Value
Downside upside
Downside
105.06
111.63
Real Value
Target Price Odds
 Above  Below  
118.20
Upside
Upside upside
Chevron is not too risky asset. Calculation of real value of Chevron is based on 1 month time horizon. Increasing Chevron time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Recommendations

Chevron Analyst Recommendations
Target PriceAdvice# of Analysts
126.69Buy13Odds
Chevron Corporation current and past analyst recommendations published by number of research institutions as well as average analyst consensus
Chevron Analyst Advice  

Tax Efficiency

Chevron Tax Efficiency History

Tax Efficiency

Market Capitalization

Chevron Market Capitalization Analysis
Chevron Corporation is number one stock in market capitalization category among related companies. Market capitalization of Oil And Gas industry is currently estimated at about 338.48 Billion. Chevron totals roughly 208.72 Billion in market capitalization claiming about 62% of all equities under Oil And Gas industry.
Capitalization  Workforce  Valuation  Revenue  Total debt

Revenue

Chevron Revenue
Based on latest financial disclosure Chevron Corporation reported 127.49 B of revenue. This is 473.28% higher than that of the Basic Materials sector, and significantly higher than that of Oil And Gas industry, The Revenue for all stocks is 1194.76% lower than the firm.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can includes product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.