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 76,808 - -
Change - 59.27% -9.5% -12.31% 27.94% 54.69% - -
Enterprise Value (EV) 1 40,456 55,680 50,359 44,616 55,584 82,223 82,573 81,875
Change - 37.63% -9.56% -11.4% 24.58% 47.93% 0.43% -0.85%
P/E Ratio 33.1x 4.37x 5.22x 14.3x 21.5x 8.31x 10.2x 10x
PBR 1.66x 2x 1.64x 1.58x - 3.02x 2.85x 2.63x
PEG - 0x -0.4x -0.2x -1.8x 0x -0.5x 5.45x
Capitalization / Revenue 0.27x 0.28x 0.31x 0.3x 0.4x 0.56x 0.61x 0.67x
EV / Revenue 0.35x 0.32x 0.35x 0.34x 0.45x 0.6x 0.65x 0.71x
EV / EBITDA 8.92x 3.07x 3.46x 6.83x 7.36x 5.58x 7.48x 8.5x
EV / EBIT 17.3x 3.55x 4.25x 11.9x 17.5x 6.86x 9.44x 11.4x
EV / FCF 11.9x 5.66x 6.89x 9.64x 14.1x 8.1x 11x 10.8x
FCF Yield 8.41% 17.7% 14.5% 10.4% 7.08% 12.3% 9.09% 9.25%
Dividend per Share 2 3.92 3.92 4.08 4.28 4.52 4.8 5.048 5.238
Rate of return 5.22% 3.09% 3.14% 3.49% 2.78% 1.86% 1.95% 2.03%
EPS 2 2.27 29.04 24.92 8.58 7.57 31.15 25.3 25.76
Distribution rate 173% 13.5% 16.4% 49.9% 59.7% 15.4% 20% 20.3%
Net sales 1 113,977 176,383 144,766 129,881 122,687 137,880 126,789 114,735
EBITDA 1 4,535 18,163 14,559 6,529 7,557 14,723 11,044 9,629
EBIT 1 2,333 15,690 11,858 3,755 3,181 11,993 8,748 7,212
Net income 1 930 11,528 8,835 2,770 2,348 8,944 6,734 6,499
Net Debt 1 9,748 6,773 6,100 5,806 5,931 5,415 5,766 5,067
Reference price 2 75.11 126.86 130.00 122.59 162.79 258.67 258.67 258.67
Nbr of stocks (in thousands) 408,836 385,523 340,453 316,585 305,010 296,933 - -
Announcement Date 1/27/22 1/26/23 1/25/24 1/30/25 1/29/26 - - -
1USD in Million2USD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.38x1.57x7.02x2.82% 609B
20.19x1.68x9.62x0.5% 184B
8.03x0.57x2.8x4.77% 111B
10.4x0.29x4.66x6.85% 83.72B
7.57x0.69x5.9x1.55% 76.95B
9.08x1.75x4.66x2.82% 72.74B
8.84x0.58x6.69x2.82% 71.95B
11.78x1.38x7.59x2.03% 58.8B
7.3x0.67x3.86x5.04% 32.59B
Average 10.62x 1.02x 5.87x 3.24% 144.55B
Weighted average by Cap. 12.17x 1.29x 6.61x 2.86%

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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