Company Valuation: Valero Energy Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 30,708 48,907 44,259 38,810 49,653 99,966 - -
Change - 59.27% -9.5% -12.31% 27.94% 101.33% - -
Enterprise Value (EV) 1 40,456 55,680 50,359 44,616 55,584 101,840 100,400 98,926
Change - 37.63% -9.56% -11.4% 24.58% 83.22% -1.41% -1.47%
P/E 33.1x 4.37x 5.22x 14.3x 21.5x 8.49x 11.9x 12.8x
PBR 1.66x 2x 1.64x 1.58x 2.05x 3.65x 3.25x 3.22x
PEG - 0x -0.4x -0.2x -1.8x 0x -0.4x -1.84x
Capitalization / Revenue 0.27x 0.28x 0.31x 0.3x 0.4x 0.67x 0.78x 0.88x
EV / Revenue 0.35x 0.32x 0.35x 0.34x 0.45x 0.69x 0.79x 0.87x
EV / EBITDA 8.92x 3.07x 3.46x 6.83x 7.36x 5.27x 7.36x 9.04x
EV / EBIT 17.3x 3.55x 4.25x 11.9x 17.5x 6.04x 8.57x 11.4x
EV / FCF 11.9x 5.66x 6.89x 9.64x 14.1x 7.04x 9.37x 11.9x
FCF Yield 8.41% 17.7% 14.5% 10.4% 7.08% 14.2% 10.7% 8.44%
Dividend per Share 2 3.92 3.92 4.08 4.28 4.52 4.847 5.083 5.285
Rate of return 5.22% 3.09% 3.14% 3.49% 2.78% 1.4% 1.46% 1.52%
EPS 2 2.27 29.04 24.92 8.58 7.57 40.88 29.19 27.17
Distribution rate 173% 13.5% 16.4% 49.9% 59.7% 11.9% 17.4% 19.5%
Net sales 1 113,977 176,383 144,766 129,881 122,687 148,257 127,506 114,106
EBITDA 1 4,535 18,163 14,559 6,529 7,557 19,338 13,633 10,938
EBIT 1 2,333 15,690 11,858 3,755 3,181 16,856 11,716 8,689
Net income 1 930 11,528 8,835 2,770 2,348 12,091 7,838 6,318
Net Debt 1 9,748 6,773 6,100 5,806 5,931 1,874 434.7 -1,039
Reference price 2 75.11 126.86 130.00 122.59 162.79 347.19 347.19 347.19
Nbr of stocks (in thousands) 408,836 385,523 340,453 316,585 305,010 287,927 - -
Announcement Date 1/27/22 1/26/23 1/25/24 1/30/25 1/29/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.13x1.71x7.35x2.57% 664B
20.43x1.68x9.83x0.45% 186B
7.19x0.57x2.66x4.84% 109B
7.6x0.76x5.15x1.14% 101B
8.49x0.69x5.3x1.4% 99.97B
9.46x0.66x6.86x2.11% 95.98B
10.32x0.31x4.8x6.57% 85.09B
9.72x1.82x4.8x2.61% 78.08B
13.01x1.54x8.33x1.83% 65.27B
Average 11.15x 1.08x 6.12x 2.61% 164.89B
Weighted average by Cap. 12.79x 1.34x 6.76x 2.46%

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

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