Company Valuation: Valero Energy Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 23,069 30,708 48,907 44,259 38,810 55,957 55,957 -
Change - 33.11% 59.27% -9.5% -12.31% 44.18% 0% -
Enterprise Value (EV) 1 34,433 40,456 55,680 50,359 44,616 61,693 61,193 60,767
Change - 17.49% 37.63% -9.56% -11.4% 38.27% -0.81% -0.7%
P/E ratio -16.2x 33.1x 4.37x 5.22x 14.3x 26.6x 14.7x 14.5x
PBR 1.22x 1.66x 2x 1.64x 1.58x 2.38x 2.28x 2.21x
PEG - -0x 0x -0.4x -0.2x -1.4x 0.2x 7.84x
Capitalization / Revenue 0.36x 0.27x 0.28x 0.31x 0.3x 0.46x 0.51x 0.49x
EV / Revenue 0.53x 0.35x 0.32x 0.35x 0.34x 0.51x 0.56x 0.53x
EV / EBITDA 34.2x 8.92x 3.07x 3.46x 6.83x 8.59x 7.71x 7.47x
EV / EBIT -25.6x 17.3x 3.55x 4.25x 11.9x 17.8x 11.6x 11.6x
EV / FCF -23.1x 11.9x 5.66x 6.89x 9.64x 16.8x 14.2x 15.8x
FCF Yield -4.32% 8.41% 17.7% 14.5% 10.4% 5.96% 7.04% 6.34%
Dividend per Share 2 3.92 3.92 3.92 4.08 4.28 4.513 4.704 4.893
Rate of return 6.93% 5.22% 3.09% 3.14% 3.49% 2.46% 2.56% 2.67%
EPS 2 -3.5 2.27 29.04 24.92 8.58 6.901 12.44 12.67
Distribution rate -112% 173% 13.5% 16.4% 49.9% 65.4% 37.8% 38.6%
Net sales 1 64,912 113,977 176,383 144,766 129,881 121,280 109,962 114,999
EBITDA 1 1,007 4,535 18,163 14,559 6,529 7,185 7,941 8,137
EBIT 1 -1,344 2,333 15,690 11,858 3,755 3,463 5,282 5,218
Net income 1 -1,421 930 11,528 8,835 2,770 2,172 3,655 3,562
Net Debt 1 11,364 9,748 6,773 6,100 5,806 5,735 5,236 4,810
Reference price 2 56.57 75.11 126.86 130.00 122.59 183.46 183.46 183.46
Nbr of stocks (in thousands) 407,789 408,836 385,523 340,453 316,585 305,010 305,010 -
Announcement Date 28/01/21 27/01/22 26/01/23 25/01/24 30/01/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.58x0.51x8.59x2.46% 55.96B
18.98x1.76x8.24x3.08% 548B
23.82x2.24x12.16x0.45% 217B
13.43x0.35x5.77x5.29% 96.02B
12.72x0.65x3.32x5.58% 90.84B
22.66x0.56x9.39x3.44% 55.72B
15.78x0.62x7.15x2.12% 52.79B
17.29x1.44x9.35x2.07% 48.66B
7.58x0.68x3.91x4.78% 34.27B
8.47x0.5x6.36x4.02% 24.49B
Average 16.73x 0.93x 7.42x 3.33% 122.4B
Weighted average by Cap. 18.72x 1.42x 8.29x 2.94%
See all sector valuations

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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