Valuation Shell plc Berne S.E.

Stocks

Delayed Berne S.E. Other stock markets			5-day change	1st Jan Change
- ^CHF	-.--%		-.--%	-

12:52pm	Kazakhstan freezes assets of Kashagan operator over disputed $5 billion environmental fine	RE
12:07pm	Kazakhstan freezes assets of Kashagan operator over $4.88 billion environmental fine, Interfax reports	RE

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	244,779	-	-
Change	-	16.96%	8.87%	-11.3%	11.3%	16.03%	-	-
Enterprise Value (EV) ¹	220,368	241,116	257,236	228,361	256,649	287,721	284,075	282,169
Change	-	9.41%	6.69%	-11.23%	12.39%	12.11%	-1.27%	-0.67%
P/E	8.54x	4.91x	11.5x	12.3x	12.3x	8.54x	9.65x	9.31x
PBR	0.98x	1.03x	1.15x	1.06x	1.21x	1.35x	1.25x	1.16x
PEG	-	0x	-0.2x	-1.1x	0.7x	0.1x	-0.8x	2.56x
Capitalization / Revenue	0.64x	0.51x	0.67x	0.67x	0.79x	0.78x	0.84x	0.83x
EV / Revenue	0.84x	0.63x	0.81x	0.8x	0.96x	0.92x	0.98x	0.96x
EV / EBITDA	4.01x	2.86x	3.75x	3.47x	4.57x	4.09x	4.47x	4.54x
EV / EBIT	6.73x	3.85x	6.91x	5.3x	7.56x	6x	7.1x	7.32x
EV / FCF	5.46x	5.26x	7.06x	5.78x	9.85x	8.4x	10.1x	9.53x
FCF Yield	18.3%	19%	14.2%	17.3%	10.2%	11.9%	9.87%	10.5%
Dividend per Share ²	0.8935	0.99	1.294	1.39	1.446	1.56	1.627	1.687
Rate of return	4.07%	3.53%	3.95%	4.48%	3.92%	3.51%	3.66%	3.79%
EPS ²	2.57	5.71	2.85	2.53	3	5.212	4.61	4.778
Distribution rate	34.8%	17.3%	45.4%	54.9%	48.2%	29.9%	35.3%	35.3%
Net sales ¹	261,504	381,314	316,620	284,312	266,886	314,199	289,999	293,323
EBITDA ¹	55,004	84,289	68,538	65,803	56,135	70,394	63,591	62,149
EBIT ¹	32,734	62,621	37,248	43,100	33,968	47,990	40,022	38,541
Net income ¹	20,101	42,309	19,360	16,093	17,838	29,337	24,830	24,420
Net Debt ¹	52,555	44,837	43,541	38,809	45,687	42,941	39,296	37,390
Reference price ²	21.96	28.03	32.75	31.00	36.88	44.50	44.50	44.50
Nbr of stocks (in thousands)	7,640,301	7,003,503	6,524,109	6,115,031	5,720,615	5,564,719	-	-
Announcement Date	2/3/22	2/2/23	2/1/24	1/30/25	2/5/26	-	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ARAMCO	13.84x	3.43x	6.55x	5.18%	1,729B
CHEVRON CORPORATION	12.94x	1.78x	5.91x	3.67%	384B
PETROCHINA COMPANY LIMITED	8.33x	0.62x	3.85x	6.27%	287B
TOTALENERGIES SE	7.6x	1.03x	4.32x	4.9%	193B
CNOOC LIMITED	5.95x	1.78x	2.86x	7.71%	152B
PETROBRAS	3.56x	1.57x	3x	11.98%	117B
EQUINOR ASA	7.51x	0.87x	2.09x	3.83%	98.28B
ENI S.P.A.	9.51x	0.8x	4.02x	4.77%	76.66B
Average	8.65x	1.48x	4.07x	6.04%	379.75B
Weighted average by Cap.	11.71x	2.50x	5.54x	5.41%