Exxon Mobil Corporation

WBAG:XOM Stock Report

Market Cap: €412.5b

Exxon Mobil Valuation

Is XOM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of XOM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€304.86
Fair Value
68.9% undervalued intrinsic discount
26
Number of Analysts

Below Fair Value: XOM (€94.83) is trading below our estimate of fair value (€304.86)

Significantly Below Fair Value: XOM is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for XOM?

Key metric: As XOM is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for XOM. This is calculated by dividing XOM's market cap by their current earnings.
What is XOM's PE Ratio?
PE Ratio14.4x
EarningsUS$33.17b
Market CapUS$483.47b

Price to Earnings Ratio vs Peers

How does XOM's PE Ratio compare to its peers?

The above table shows the PE ratio for XOM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.2x
OMV OMV
14.3x17.07%€15.2b
CVX Chevron
16.4x6.74%US$259.1b
857 PetroChina
6.9x-3.42%HK$1.7t
SHEL Shell
15.2x10.66%UK£150.7b
XOM Exxon Mobil
14.4x7.71%€483.5b

Price-To-Earnings vs Peers: XOM is expensive based on its Price-To-Earnings Ratio (14.4x) compared to the peer average (13.2x).


Price to Earnings Ratio vs Industry

How does XOM's PE Ratio compare vs other companies in the European Oil and Gas Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
XOM 14.4xIndustry Avg. 10.4xNo. of Companies15PE0612182430+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: XOM is expensive based on its Price-To-Earnings Ratio (14.4x) compared to the European Oil and Gas industry average (10.4x).


Price to Earnings Ratio vs Fair Ratio

What is XOM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

XOM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.4x
Fair PE Ratio14x

Price-To-Earnings vs Fair Ratio: XOM is expensive based on its Price-To-Earnings Ratio (14.4x) compared to the estimated Fair Price-To-Earnings Ratio (14x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst XOM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€94.83
€105.69
+11.45%
8.57%€121.15€81.05n/a26
Jul ’26€92.37
€105.33
+14.03%
8.82%€120.56€80.66n/a26
Jun ’26€89.83
€108.77
+21.09%
8.74%€123.16€83.57n/a26
May ’26€94.02
€109.52
+16.48%
8.66%€126.55€81.73n/a25
Apr ’26€109.72
€119.66
+9.06%
7.77%€135.33€97.32n/a26
Mar ’26€105.58
€123.26
+16.74%
8.08%€139.23€100.13n/a26
Feb ’26€104.68
€124.87
+19.29%
7.79%€141.81€101.29n/a26
Jan ’26€102.14
€125.52
+22.89%
7.82%€141.78€101.27n/a25
Dec ’25€112.04
€125.72
+12.21%
8.13%€142.22€100.22n/a26
Nov ’25€107.62
€120.90
+12.34%
8.11%€137.62€96.98n/a26
Oct ’25€108.34
€117.38
+8.34%
7.84%€133.82€98.79n/a25
Sep ’25€105.80
€119.43
+12.88%
8.46%€141.36€99.04n/a25
Aug ’25€108.80
€121.83
+11.98%
8.65%€140.55€101.05n/a25
Jul ’25€107.76
€123.39
+14.50%
8.36%€143.70€106.37€92.3724
Jun ’25€105.58
€122.50
+16.02%
8.58%€140.10€101.39€89.8324
May ’25€111.68
€122.38
+9.58%
9.10%€140.52€103.05€94.0224
Apr ’25€107.16
€115.57
+7.85%
8.24%€138.12€97.34€109.7223
Mar ’25€98.01
€115.27
+17.61%
9.15%€138.30€97.46€105.5824
Feb ’25€95.22
€114.49
+20.23%
9.06%€137.36€96.80€104.6824
Jan ’25€90.95
€114.16
+25.52%
9.65%€135.80€95.06€102.1424
Dec ’24€95.57
€116.85
+22.26%
8.99%€137.93€101.15€112.0424
Nov ’24€100.84
€120.18
+19.18%
9.86%€141.95€104.09€107.6224
Oct ’24€111.30
€116.99
+5.11%
9.83%€142.02€99.41€108.3423
Sep ’24€104.28
€113.45
+8.80%
9.15%€135.53€97.47€105.8023
Aug ’24€96.51
€109.99
+13.97%
9.72%€132.44€90.71€108.8023
Jul ’24€98.60
€113.95
+15.57%
9.17%€133.79€89.81€107.7624
AnalystConsensusTarget
Consensus Narrative from 26 Analysts
€105.73
Fair Value
10.3% undervalued intrinsic discount
26
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/07 03:08
End of Day Share Price 2025/07/07 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Exxon Mobil Corporation is covered by 62 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Fabrizio SpagnaAxia Financial Research
Ishan MajumdarBaptista Research