Company Valuation: Shell plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 167,813 196,279 213,695 189,552 210,962 300,388 - -
Change - 16.96% 8.87% -11.3% 11.3% 42.39% - -
Enterprise Value (EV) 1 220,368 241,116 257,236 228,361 256,649 340,858 331,059 329,738
Change - 9.41% 6.69% -11.23% 12.39% 32.81% -2.87% -0.4%
P/E 8.54x 4.91x 11.5x 12.3x 12.3x 8.47x 9.41x 10.2x
PBR 0.98x 1.03x 1.15x 1.06x 1.21x 1.56x 1.43x 1.33x
PEG - 0x -0.2x -1.1x 0.7x 0x -0.94x -1.37x
Capitalization / Revenue 0.64x 0.51x 0.67x 0.67x 0.79x 0.84x 0.93x 1x
EV / Revenue 0.84x 0.63x 0.81x 0.8x 0.96x 0.95x 1.02x 1.09x
EV / EBITDA 4.01x 2.86x 3.75x 3.47x 4.57x 4.2x 4.56x 5.1x
EV / EBIT 6.73x 3.85x 6.91x 5.3x 7.56x 5.89x 6.97x 8.12x
EV / FCF 5.46x 5.26x 7.06x 5.78x 9.85x 8.85x 9.31x 10.7x
FCF Yield 18.3% 19% 14.2% 17.3% 10.2% 11.3% 10.7% 9.35%
Dividend per Share 2 0.8935 0.99 1.294 1.39 1.446 1.559 1.631 1.705
Rate of return 4.07% 3.53% 3.95% 4.48% 3.92% 2.98% 3.12% 3.26%
EPS 2 2.57 5.71 2.85 2.53 3 6.17 5.554 5.142
Distribution rate 34.8% 17.3% 45.4% 54.9% 48.2% 25.3% 29.4% 33.2%
Net sales 1 261,504 381,314 316,620 284,312 266,886 357,364 323,950 301,572
EBITDA 1 55,004 84,289 68,538 65,803 56,135 81,210 72,672 64,677
EBIT 1 32,734 62,621 37,248 43,100 33,968 57,856 47,509 40,618
Net income 1 20,101 42,309 19,360 16,093 17,838 34,728 29,507 25,659
Net Debt 1 52,555 44,837 43,541 38,809 45,687 40,470 30,672 29,350
Reference price 2 21.96 28.03 32.75 31.00 36.88 52.26 52.26 52.26
Nbr of stocks (in thousands) 7,640,301 7,003,503 6,524,109 6,115,031 5,720,615 5,705,509 - -
Announcement Date 03/02/22 02/02/23 01/02/24 30/01/25 05/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.47x0.95x4.17x2.98% 298B
13.56x3.47x6.79x5.27% 1,681B
13.11x1.93x6.21x3.12% 448B
8.41x0.74x4.72x6.19% 348B
7.65x1.04x4.15x4.39% 206B
6.12x1.85x2.97x7.46% 153B
8.1x0.9x2.11x3.33% 112B
8.56x0.88x4.35x4.87% 85.91B
9.16x1.69x5.54x7.38% 47.88B
Average 9.24x 1.49x 4.56x 5% 375.44B
Weighted average by Cap. 11.46x 2.36x 5.70x 4.88%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Shell plc

Historical PBR trend

Valuation ratios - PBR - Shell plc

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Shell plc

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Shell plc


Year-on-year evolution of the Yield

Valuation ratios - Yield - Shell plc