Valuation Shell plc

Equities

Real-time Estimate Cboe Europe Other stock markets 11:15:15 2025-12-11 EST			5-day change	1st Jan Change
2,710.25 ^GBX	+0.05%		-3.05%	+9.61%

11:12am	Shell prepares to launch new drilling campaign offshore Namibia	RE
10:42am	Shell preparing to launch new drilling campaign offshore Namibia from April	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	136,430	167,813	196,279	213,695	189,552	207,345	-	-
Change	-	23%	16.96%	8.87%	-11.3%	9.39%	-	-
Enterprise Value (EV) ¹	211,816	220,368	241,116	257,236	228,361	250,384	253,124	255,699
Change	-	4.04%	9.41%	6.69%	-11.23%	9.64%	1.09%	1.02%
P/E ratio	-6.37x	8.54x	4.91x	11.5x	12.3x	11.7x	11x	9.32x
PBR	0.89x	0.98x	1.03x	1.15x	1.06x	1.2x	1.15x	1.09x
PEG	-	-0x	0x	-0.2x	-1.1x	0.5x	1.91x	0.5x
Capitalization / Revenue	0.76x	0.64x	0.51x	0.67x	0.67x	0.77x	0.77x	0.72x
EV / Revenue	1.17x	0.84x	0.63x	0.81x	0.8x	0.93x	0.94x	0.89x
EV / EBITDA	7.87x	4.01x	2.86x	3.75x	3.47x	4.42x	4.68x	4.57x
EV / EBIT	19.7x	6.73x	3.85x	6.91x	5.3x	7.68x	8.39x	8.02x
EV / FCF	10.2x	5.46x	5.26x	7.06x	5.78x	9.75x	10.3x	9.62x
FCF Yield	9.83%	18.3%	19%	14.2%	17.3%	10.3%	9.67%	10.4%
Dividend per Share ²	0.653	0.8935	0.99	1.294	1.39	1.441	1.502	1.575
Rate of return	3.69%	4.07%	3.53%	3.95%	4.48%	3.99%	4.16%	4.36%
EPS ²	-2.78	2.57	5.71	2.85	2.53	3.097	3.275	3.876
Distribution rate	-23.5%	34.8%	17.3%	45.4%	54.9%	46.5%	45.9%	40.6%
Net sales ¹	180,543	261,504	381,314	316,620	284,312	267,900	269,520	287,507
EBITDA ¹	26,915	55,004	84,289	68,538	65,803	56,697	54,101	56,011
EBIT ¹	10,758	32,734	62,621	37,248	43,100	32,604	30,183	31,880
Net income ¹	-21,680	20,101	42,309	19,360	16,093	18,021	17,243	18,974
Net Debt ¹	75,386	52,555	44,837	43,541	38,809	43,040	45,780	48,354
Reference price ²	17.72	21.96	28.03	32.75	31.00	36.11	36.11	36.11
Nbr of stocks (in thousands)	7,772,923	7,640,301	7,003,503	6,524,109	6,115,031	5,741,507	-	-
Announcement Date	2/4/21	2/3/22	2/2/23	2/1/24	1/30/25	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SHELL PLC	11.66x	0.93x	4.42x	3.99%	207B
ARAMCO	15.9x	3.71x	7.14x	5.43%	1,567B
CHEVRON CORPORATION	21.94x	1.84x	8.27x	4.53%	305B
PETROCHINA COMPANY LIMITED	8.79x	0.62x	3.75x	6.07%	243B
TOTALENERGIES SE	9.99x	0.95x	4.38x	5.85%	140B
PETROBRAS	3.73x	1.55x	3.2x	10.62%	77.28B
EQUINOR ASA	9.71x	0.65x	1.75x	6.57%	56.82B
ENI S.P.A	12.21x	0.77x	3.8x	6.54%	56.57B
SUNCOR ENERGY INC.	12.98x	1.62x	5.18x	3.78%	53.12B
Average	11.88x	1.40x	4.65x	5.93%	300.7B
Weighted average by Cap.	14.70x	2.64x	6.27x	5.46%