Valuation Shell plc Berne S.E.

Stocks

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

08-26	FTSE 100 drifts lower as eyes turn to Nvidia	AN
08-26	Norway gas fields set for pre-winter maintenance bout	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	253,755	-	-
Change	-	16.96%	8.87%	-11.3%	11.3%	20.28%	-	-
Enterprise Value (EV) ¹	220,368	241,116	257,236	228,361	256,649	292,369	289,059	288,080
Change	-	9.41%	6.69%	-11.23%	12.39%	13.92%	-1.13%	-0.34%
P/E	8.54x	4.91x	11.5x	12.3x	12.3x	8.11x	9.62x	10x
PBR	0.98x	1.03x	1.15x	1.06x	1.21x	1.36x	1.27x	1.18x
PEG	-	0x	-0.2x	-1.1x	0.7x	0.1x	-0.6x	-2.35x
Capitalization / Revenue	0.64x	0.51x	0.67x	0.67x	0.79x	0.77x	0.86x	0.84x
EV / Revenue	0.84x	0.63x	0.81x	0.8x	0.96x	0.89x	0.98x	0.96x
EV / EBITDA	4.01x	2.86x	3.75x	3.47x	4.57x	3.91x	4.46x	4.63x
EV / EBIT	6.73x	3.85x	6.91x	5.3x	7.56x	5.79x	7.2x	7.53x
EV / FCF	5.46x	5.26x	7.06x	5.78x	9.85x	8.04x	11.4x	9.59x
FCF Yield	18.3%	19%	14.2%	17.3%	10.2%	12.4%	8.74%	10.4%
Dividend per Share ²	0.8935	0.99	1.294	1.39	1.446	1.558	1.622	1.693
Rate of return	4.07%	3.53%	3.95%	4.48%	3.92%	3.4%	3.54%	3.7%
EPS ²	2.57	5.71	2.85	2.53	3	5.651	4.764	4.562
Distribution rate	34.8%	17.3%	45.4%	54.9%	48.2%	27.6%	34%	37.1%
Net sales ¹	261,504	381,314	316,620	284,312	266,886	329,443	295,400	301,074
EBITDA ¹	55,004	84,289	68,538	65,803	56,135	74,832	64,761	62,180
EBIT ¹	32,734	62,621	37,248	43,100	33,968	50,538	40,130	38,233
Net income ¹	20,101	42,309	19,360	16,093	17,838	31,771	25,463	24,648
Net Debt ¹	52,555	44,837	43,541	38,809	45,687	38,614	35,304	34,325
Reference price ²	21.96	28.03	32.75	31.00	36.88	45.82	45.82	45.82
Nbr of stocks (in thousands)	7,640,301	7,003,503	6,524,109	6,115,031	5,720,615	5,538,651	-	-
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ARAMCO	13.83x	3.54x	6.65x	5.29%	1,682B
CHEVRON CORPORATION	13x	1.81x	5.9x	3.57%	393B
PETROCHINA COMPANY LIMITED	8.46x	0.63x	3.95x	6.2%	292B
SHELL PLC	8.17x	0.89x	3.93x	3.38%	254B
TOTALENERGIES SE	8.21x	1.05x	4.38x	4.63%	195B
CNOOC LIMITED	6.29x	1.86x	3.01x	7.25%	156B
PETROBRAS	3.51x	1.48x	2.8x	8.62%	110B
EQUINOR ASA	7.9x	0.85x	2.09x	3.76%	98.44B
ENI S.P.A.	8.43x	0.8x	4x	4.8%	78.18B
Average	8.65x	1.44x	4.08x	5.28%	361.99B
Weighted average by Cap.	11.45x	2.42x	5.47x	5.12%