Devon Energy Corporation

BRSE:DY6 Stock Report

Market Cap: CHF 20.0b

Devon Energy Valuation

Is DY6 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 DY6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DY6 (CHF28.28) is trading below our estimate of fair value (CHF62.09)

Significantly Below Fair Value: DY6 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DY6?

Key metric: As DY6 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DY6. This is calculated by dividing DY6's market cap by their current earnings.
What is DY6's PE Ratio?
PE Ratio6.4x
EarningsUS$3.40b
Market CapUS$21.94b

Price to Earnings Ratio vs Peers

How does DY6's PE Ratio compare to its peers?

The above table shows the PE ratio for DY6 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.2x
CTRA Coterra Energy
15.6x25.8%US$18.8b
TOU Tourmaline Oil
16.2x25.7%CA$24.8b
TATN PJSC Tatneft
4.6xn/a₽915.4b
TPL Texas Pacific Land
60.4xn/aUS$25.4b
DY6 Devon Energy
6.4x-3.2%CHF 21.9b

Price-To-Earnings vs Peers: DY6 is good value based on its Price-To-Earnings Ratio (6.4x) compared to the peer average (30.7x).

Price to Earnings Ratio vs Industry

How does DY6's PE Ratio compare vs other companies in the European Oil and Gas Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DY6 6.4xIndustry Avg. 8.7xNo. of Companies16PE0612182430+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DY6 is good value based on its Price-To-Earnings Ratio (6.4x) compared to the European Oil and Gas industry average (8.7x).

Price to Earnings Ratio vs Fair Ratio

What is DY6'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.

DY6 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DY6's Price-To-Earnings Fair Ratio for valuation analysis.

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 DY6 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 28.28
CHF 45.58
+61.2%
12.1%CHF 58.42CHF 39.25n/a29
Dec ’25n/a
CHF 45.45
0%
11.3%CHF 56.77CHF 38.14n/a28
Nov ’25n/a
CHF 44.93
0%
10.2%CHF 55.43CHF 37.24n/a28
Oct ’25n/a
CHF 45.59
0%
9.5%CHF 54.16CHF 36.39n/a27
Sep ’25n/a
CHF 47.85
0%
9.5%CHF 54.75CHF 36.22n/a27
Aug ’25n/a
CHF 51.90
0%
9.3%CHF 60.63CHF 38.34n/a27
Jul ’25n/a
CHF 52.84
0%
8.7%CHF 61.02CHF 43.07n/a28
Jun ’25n/a
CHF 52.82
0%
8.9%CHF 61.35CHF 43.31n/a27
May ’25n/a
CHF 53.10
0%
10.3%CHF 63.43CHF 44.12n/a29
Apr ’25n/a
CHF 49.05
0%
10.6%CHF 62.41CHF 42.51n/a28
Mar ’25n/a
CHF 46.69
0%
12.6%CHF 65.90CHF 40.42n/a28
Feb ’25n/a
CHF 46.23
0%
13.0%CHF 64.80CHF 39.75n/a28
Jan ’25n/a
CHF 47.59
0%
11.9%CHF 66.28CHF 40.45CHF 28.2828
Dec ’24n/a
CHF 49.48
0%
13.0%CHF 67.29CHF 41.08n/a28
Nov ’24n/a
CHF 53.36
0%
12.9%CHF 71.86CHF 42.75n/a28
Oct ’24n/a
CHF 55.56
0%
12.7%CHF 72.75CHF 46.05n/a28
Sep ’24n/a
CHF 53.33
0%
13.1%CHF 69.99CHF 44.30n/a27
Aug ’24n/a
CHF 51.68
0%
15.6%CHF 66.57CHF 32.85n/a27
Jul ’24CHF 43.68
CHF 55.09
+26.1%
16.2%CHF 72.50CHF 34.01n/a27
Jun ’24n/a
CHF 56.99
0%
17.1%CHF 78.80CHF 34.42n/a27
May ’24n/a
CHF 58.64
0%
16.0%CHF 77.27CHF 39.97n/a28
Apr ’24n/a
CHF 61.14
0%
16.3%CHF 79.94CHF 41.35n/a28
Mar ’24n/a
CHF 66.68
0%
14.0%CHF 83.30CHF 42.12n/a28
Feb ’24n/a
CHF 69.16
0%
13.6%CHF 87.89CHF 41.20n/a28
Jan ’24n/a
CHF 73.11
0%
13.2%CHF 91.06CHF 41.81n/a27

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 17:45
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Devon Energy Corporation is covered by 74 analysts. 17 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
Hsulin PengBaird
Ishan MajumdarBaptista Research