Exxon Mobil Corporation

XTRA:XONA Stock Report

Market Cap: €498.1b

Exxon Mobil Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: XONA (€113.02) is trading below our estimate of fair value (€214.21)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for XONA. This is calculated by dividing XONA's market cap by their current earnings.
What is XONA's PE Ratio?
PE Ratio15.7x
EarningsUS$33.70b
Market CapUS$524.38b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for XONA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.1x
CVX Chevron
17.3x7.1%US$290.1b
SHEL Shell
13x5.5%UK£160.9b
857 PetroChina
5.9x-3.8%HK$1.5t
2222 Saudi Arabian Oil
16.4x1.3%ر.س6.7t
XONA Exxon Mobil
15.7x4.9%€524.4b

Price-To-Earnings vs Peers: XONA is expensive based on its Price-To-Earnings Ratio (15.7x) compared to the peer average (13.1x).

Price to Earnings Ratio vs Industry

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

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
XONA 15.7xIndustry Avg. 8.3xNo. of Companies18PE0612182430+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: XONA is expensive based on its Price-To-Earnings Ratio (15.7x) compared to the European Oil and Gas industry average (8.3x).

Price to Earnings Ratio vs Fair Ratio

What is XONA'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.

XONA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.7x
Fair PE Ratio31.2x

Price-To-Earnings vs Fair Ratio: XONA is good value based on its Price-To-Earnings Ratio (15.7x) compared to the estimated Fair Price-To-Earnings Ratio (31.2x).

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 XONA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€113.02
€125.02
+10.6%
8.1%€141.73€99.88n/a26
Nov ’25€107.60
€120.90
+12.4%
8.1%€137.62€96.98n/a26
Oct ’25€108.40
€117.38
+8.3%
7.8%€133.82€98.79n/a25
Sep ’25€105.86
€119.43
+12.8%
8.5%€141.36€99.04n/a25
Aug ’25€108.66
€121.83
+12.1%
8.7%€140.55€101.05n/a25
Jul ’25€107.64
€123.70
+14.9%
8.4%€143.70€106.37n/a23
Jun ’25€105.48
€122.83
+16.4%
8.6%€140.10€101.39n/a23
May ’25€111.74
€122.38
+9.5%
9.1%€140.52€103.05n/a24
Apr ’25€107.10
€115.57
+7.9%
8.2%€138.12€97.34n/a23
Mar ’25€98.09
€115.27
+17.5%
9.2%€138.30€97.46n/a24
Feb ’25€95.21
€114.49
+20.2%
9.1%€137.36€96.80n/a24
Jan ’25€90.94
€114.16
+25.5%
9.7%€135.80€95.06n/a24
Dec ’24€95.44
€116.85
+22.4%
9.0%€137.93€101.15n/a24
Nov ’24€100.88
€120.18
+19.1%
9.9%€141.95€104.09€107.6024
Oct ’24€111.24
€116.99
+5.2%
9.8%€142.02€99.41€108.4023
Sep ’24€104.10
€113.45
+9.0%
9.2%€135.53€97.47€105.8623
Aug ’24€96.69
€109.99
+13.8%
9.7%€132.44€90.71€108.6623
Jul ’24€98.64
€113.95
+15.5%
9.2%€133.79€89.81€107.6424
Jun ’24€96.14
€117.08
+21.8%
9.8%€136.10€91.36€105.4824
May ’24€108.06
€114.79
+6.2%
10.6%€134.90€89.33€111.7426
Apr ’24€100.98
€114.57
+13.5%
10.2%€136.44€90.35€107.1027
Mar ’24€103.90
€114.55
+10.2%
10.5%€138.04€91.40€98.0927
Feb ’24€105.90
€111.29
+5.1%
10.2%€129.26€89.21€95.2127
Jan ’24€101.64
€107.63
+5.9%
13.8%€128.88€71.91€90.9427
Dec ’23€105.94
€108.61
+2.5%
13.7%€131.10€73.15€95.4427
Nov ’23€113.48
€112.88
-0.5%
13.4%€137.69€77.95€100.8827

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

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