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 91,945 - -
Change - 59.27% -9.5% -12.31% 27.94% 85.18% - -
Enterprise Value (EV) 1 40,456 55,680 50,359 44,616 55,584 96,264 96,195 94,083
Change - 37.63% -9.56% -11.4% 24.58% 73.19% -0.07% -2.2%
P/E 33.1x 4.37x 5.22x 14.3x 21.5x 9.51x 13.1x 14.1x
PBR 1.66x 2x 1.64x 1.58x 2.05x 3.48x 3.25x 3.05x
PEG - 0x -0.4x -0.2x -1.8x 0x -0.5x -2.1x
Capitalization / Revenue 0.27x 0.28x 0.31x 0.3x 0.4x 0.66x 0.74x 0.8x
EV / Revenue 0.35x 0.32x 0.35x 0.34x 0.45x 0.69x 0.78x 0.82x
EV / EBITDA 8.92x 3.07x 3.46x 6.83x 7.36x 6.24x 8.5x 9.58x
EV / EBIT 17.3x 3.55x 4.25x 11.9x 17.5x 7.46x 10.6x 12.1x
EV / FCF 11.9x 5.66x 6.89x 9.64x 14.1x 9.39x 11.1x 12.2x
FCF Yield 8.41% 17.7% 14.5% 10.4% 7.08% 10.6% 9.03% 8.17%
Dividend per Share 2 3.92 3.92 4.08 4.28 4.52 4.825 5.059 5.199
Rate of return 5.22% 3.09% 3.14% 3.49% 2.78% 1.56% 1.63% 1.68%
EPS 2 2.27 29.04 24.92 8.58 7.57 32.55 23.62 22.03
Distribution rate 173% 13.5% 16.4% 49.9% 59.7% 14.8% 21.4% 23.6%
Net sales 1 1,13,977 1,76,383 1,44,766 1,29,881 1,22,687 1,38,725 1,23,897 1,14,828
EBITDA 1 4,535 18,163 14,559 6,529 7,557 15,415 11,315 9,823
EBIT 1 2,333 15,690 11,858 3,755 3,181 12,899 9,059 7,762
Net income 1 930 11,528 8,835 2,770 2,348 9,328 6,394 5,558
Net Debt 1 9,748 6,773 6,100 5,806 5,931 4,318 4,250 2,138
Reference price 2 75.11 126.86 130.00 122.59 162.79 309.65 309.65 309.65
Nbr of stocks (in thousands) 4,08,836 3,85,523 3,40,453 3,16,585 3,05,010 2,96,933 - -
Announcement Date 27/01/22 26/01/23 25/01/24 30/01/25 29/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.75x1.61x6.96x2.81% 61TCr
20.16x1.73x9.82x0.48% 19TCr
7.7x0.6x2.74x4.92% 11TCr
8.04x0.79x5.98x1.3% 9.13TCr
9.77x0.66x7.22x2.44% 8.29TCr
9.84x1.82x4.69x2.76% 7.38TCr
13.02x1.45x7.8x2% 5.93TCr
7.33x0.67x3.88x5.01% 3.23TCr
6.35x0.42x3.43x4.48% 3.1TCr
Average 10.55x 1.08x 5.83x 2.91% 14.17TCr
Weighted average by Cap. 12.43x 1.37x 6.71x 2.57%

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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