Company Valuation: Phillips 66

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 31,752 49,192 58,576 47,052 51,993 84,870 - -
Change - 54.92% 19.08% -19.67% 10.5% 63.23% - -
Enterprise Value (EV) 1 43,053 60,249 74,612 65,376 70,593 100,633 98,185 94,909
Change - 39.94% 23.84% -12.38% 7.98% 42.55% -2.43% -3.34%
P/E 24.4x 4.47x 8.6x 22.8x 12x 9.26x 10.2x 9.28x
PBR 1.66x 1.64x 1.86x 1.7x 1.78x 2.53x 2.29x 2.11x
PEG - 0x -0.3x -0.3x 0x 0x -1.08x 0.9x
Capitalization / Revenue 0.28x 0.28x 0.39x 0.32x 0.38x 0.55x 0.59x 0.61x
EV / Revenue 0.37x 0.34x 0.5x 0.45x 0.52x 0.65x 0.69x 0.68x
EV / EBITDA 6.84x 3.99x 5.89x 9.01x 8.44x 6.94x 7.62x 7.94x
EV / EBIT 18.5x 3.95x 7.2x 18.3x 10.9x 8.49x 9.67x 10.3x
EV / FCF 10.4x 6.99x 16.2x 28x 25.9x 10.8x 10.9x 15.3x
FCF Yield 9.66% 14.3% 6.18% 3.57% 3.87% 9.25% 9.15% 6.55%
Dividend per Share 2 3.64 3.83 4.2 4.5 4.75 5.045 5.262 5.374
Rate of return 5.02% 3.68% 3.15% 3.95% 3.68% 2.38% 2.49% 2.54%
EPS 2 2.97 23.27 15.48 4.99 10.79 22.85 20.7 22.8
Distribution rate 123% 16.5% 27.1% 90.2% 44% 22.1% 25.4% 23.6%
Net sales 1 114,852 175,702 149,890 145,496 136,560 154,778 142,765 139,197
EBITDA 1 6,291 15,090 12,672 7,254 8,363 14,491 12,889 11,956
EBIT 1 2,321 15,258 10,366 3,582 6,459 11,851 10,157 9,179
Net income 1 1,317 11,024 7,015 2,117 4,403 8,579 7,276 7,810
Net Debt 1 11,301 11,057 16,036 18,324 18,600 15,763 13,315 10,039
Reference price 2 72.46 104.08 133.14 113.93 129.04 211.68 211.68 211.68
Nbr of stocks (in thousands) 438,202 472,632 439,956 412,989 402,921 400,935 - -
Announcement Date 28/01/22 31/01/23 31/01/24 31/01/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.71x1.69x6.89x2.68% 644B
20.3x1.68x9.79x0.45% 185B
8.29x0.63x2.87x4.6% 115B
7.45x0.78x5.56x1.28% 92.39B
7.87x0.65x5.1x1.55% 90.09B
10.59x0.31x4.94x6.38% 88.97B
10.23x1.96x5.02x2.57% 79.23B
14x1.55x8.38x1.89% 62.65B
5.86x0.45x3.16x4.17% 33.1B
Average 10.92x 1.08x 5.75x 2.84% 154.55B
Weighted average by Cap. 12.78x 1.37x 6.49x 2.6%

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