Company Valuation: Devon Energy Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 29,811 40,209 29,024 21,500 22,978 52,238 - -
Change - 34.88% -27.82% -25.92% 6.87% 127.34% - -
Enterprise Value (EV) 1 34,022 45,195 34,304 29,537 29,933 61,227 57,835 53,946
Change - 32.84% -24.1% -13.89% 1.34% 104.55% -5.54% -6.72%
P/E 10.6x 6.74x 7.76x 7.18x 8.78x 10.6x 8.96x 7.69x
PBR 3.15x 3.6x 2.41x 1.43x 1.49x 1.27x 1.18x 0.82x
PEG - 0x -0.2x -0.3x -1.03x 3.67x 0.5x 0.5x
Capitalization / Revenue 2.44x 2.1x 1.9x 1.35x 1.34x 2.17x 1.9x 1.96x
EV / Revenue 2.79x 2.36x 2.25x 1.85x 1.74x 2.54x 2.11x 2.03x
EV / EBITDA 6.07x 4.71x 4.55x 3.82x 4.04x 4.88x 3.9x 3.57x
EV / EBIT 10.1x 6.24x 7.05x 6.78x 8.12x 9.59x 7.12x 6.56x
EV / FCF 11.7x 7.55x 12.9x 10x 9.6x 9.75x 7.8x 7.2x
FCF Yield 8.54% 13.2% 7.76% 10% 10.4% 10.3% 12.8% 13.9%
Dividend per Share 2 1.97 0.6861 0.8037 1.45 0.96 1.174 1.348 1.361
Rate of return 4.47% 1.12% 1.77% 4.43% 2.62% 2.59% 2.98% 3%
EPS 2 4.17 9.12 5.84 4.56 4.17 4.291 5.054 5.886
Distribution rate 47.2% 7.52% 13.8% 31.8% 23% 27.4% 26.7% 23.1%
Net sales 1 12,206 19,169 15,258 15,940 17,188 24,060 27,464 26,634
EBITDA 1 5,605 9,586 7,534 7,739 7,413 12,537 14,840 15,102
EBIT 1 3,356 7,247 4,868 4,358 3,686 6,386 8,125 8,217
Net income 1 2,813 6,015 3,747 2,891 2,642 4,325 6,008 6,254
Net Debt 1 4,211 4,986 5,280 8,037 6,955 8,990 5,597 1,709
Reference price 2 44.05 61.51 45.30 32.73 36.63 45.29 45.29 45.29
Nbr of stocks (in thousands) 676,761 653,700 640,697 656,900 627,300 1,153,403 - -
Announcement Date 2/15/22 2/14/23 2/27/24 2/18/25 2/17/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.46x2.53x4.85x2.62% 51.76B
11.41x2.23x5.39x2.85% 145B
11.95x3.28x5.99x3.87% 95.2B
8.43x2.75x4.72x2.87% 76.7B
8.07x2.66x4.17x1.75% 57.19B
13.24x3.69x5.38x2.14% 57.11B
9.45x1.38x4.75x2.1% 54.29B
11.93x3.29x4.89x6.44% 42.1B
6.15x1.61x3.74x5.13% 34.04B
12.42x4.04x5.82x1.23% 33.78B
Average 10.35x 2.75x 4.97x 3.1% 64.69B
Weighted average by Cap. 10.57x 2.70x 5.10x 3.03%

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

  1. Stock Market
  2. Stocks
  3. DVN Stock
  4. Valuation Devon Energy Corporation