Royal Dutch Shell
Market Cap
€176.7b
Last Updated
2020/02/23 21:02 UTC
Data Sources
Company Financials +
Executive Summary
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with adequate balance sheet.
Similar Companies
Share Price & News
How has Royal Dutch Shell's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RDSA has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.3%
RDSA
-1.1%
NL Oil and Gas
-1.6%
NL Market
1 Year Return
-17.8%
RDSA
-4.6%
NL Oil and Gas
8.2%
NL Market
Return vs Industry: RDSA underperformed the Dutch Oil and Gas industry which returned -4.6% over the past year.
Return vs Market: RDSA underperformed the Dutch Market which returned 8.2% over the past year.
Shareholder returns
| RDSA | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.3% | -1.1% | -1.6% |
| 30 Day | -12.3% | -6.7% | -0.1% |
| 90 Day | -14.8% | -7.8% | 2.4% |
| 1 Year | -12.2%-17.8% | 0.9%-4.6% | 12.6%8.2% |
| 3 Year | 11.6%-7.3% | 30.8%12.1% | 34.7%19.9% |
| 5 Year | 8.0%-22.3% | 42.3%9.7% | 47.3%18.3% |
Price Volatility Vs. Market
How volatile is Royal Dutch Shell's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Why It Might Not Make Sense To Buy Royal Dutch Shell plc (AMS:RDSA) For Its Upcoming Dividend3 weeks ago | Simply Wall St
Earnings Miss: Royal Dutch Shell plc Missed EPS By 9.3% And Analysts Are Revising Their Forecasts4 weeks ago | Simply Wall St
Does Royal Dutch Shell plc (AMS:RDSA) Create Value For Shareholders?Valuation
Is Royal Dutch Shell undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RDSA (€22.74) is trading below our estimate of fair value (€64.49)
Significantly Below Fair Value: RDSA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RDSA is poor value based on its PE Ratio (12.6x) compared to the Oil and Gas industry average (10.7x).
PE vs Market: RDSA is good value based on its PE Ratio (12.6x) compared to the Dutch market (18.8x).
Price to Earnings Growth Ratio
PEG Ratio: RDSA is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: RDSA is overvalued based on its PB Ratio (1x) compared to the XE Oil and Gas industry average (0.9x).
Next Steps
Future Growth
How is Royal Dutch Shell forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
8.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RDSA's forecast earnings growth (8.8% per year) is above the savings rate (-0.2%).
Earnings vs Market: RDSA's earnings (8.8% per year) are forecast to grow slower than the Dutch market (12.6% per year).
High Growth Earnings: RDSA's earnings are forecast to grow, but not significantly.
Revenue vs Market: RDSA's revenue (2% per year) is forecast to grow slower than the Dutch market (6.8% per year).
High Growth Revenue: RDSA's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RDSA's Return on Equity is forecast to be low in 3 years time (11%).
Next Steps
Past Performance
How has Royal Dutch Shell performed over the past 5 years?
27.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RDSA has high quality earnings.
Growing Profit Margin: RDSA's current net profit margins (4.6%) are lower than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: RDSA's earnings have grown significantly by 27.9% per year over the past 5 years.
Accelerating Growth: RDSA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RDSA had negative earnings growth (-32.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-5.1%).
Return on Equity
High ROE: RDSA's Return on Equity (8.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Royal Dutch Shell's financial position?
Financial Position Analysis
Short Term Liabilities: RDSA's short term assets ($92.7B) exceed its short term liabilities ($79.6B).
Long Term Liabilities: RDSA's short term assets ($92.7B) do not cover its long term liabilities ($134.2B).
Debt to Equity History and Analysis
Debt Level: RDSA's debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: RDSA's debt to equity ratio has increased from 22.5% to 34.1% over the past 5 years.
Debt Coverage: RDSA's debt is well covered by operating cash flow (65%).
Interest Coverage: RDSA's interest payments on its debt are well covered by EBIT (21.5x coverage).
Balance Sheet
Inventory Level: RDSA has a high level of physical assets or inventory.
Debt Coverage by Assets: RDSA's debt is covered by short term assets (assets are 1.4x debt).
Next Steps
Dividend
What is Royal Dutch Shell's current dividend yield, its reliability and sustainability?
7.61%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: RDSA's dividend (7.61%) is higher than the bottom 25% of dividend payers in the Dutch market (2.01%).
High Dividend: RDSA's dividend (7.61%) is in the top 25% of dividend payers in the Dutch market (5.61%)
Stability and Growth of Payments
Stable Dividend: RDSA's dividends per share have been stable in the past 10 years.
Growing Dividend: RDSA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (95.6%), RDSA's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RDSA's dividends in 3 years are forecast to be covered by earnings (68.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.1yrs
Average management tenure
CEO
Ben Van Beurden (61yo)
6.1yrs
Tenure
US$20,137,000
Compensation
Mr. Ben van Beurden has been the Chief Executive Officer of Royal Dutch Shell plc since January 1, 2014. Mr. van Beurden served as Downstream Director of Royal Dutch Shell plc since January 1, 2013 until S ...
CEO Compensation Analysis
Compensation vs Market: Ben's total compensation ($USD21.87M) is above average for companies of similar size in the Dutch market ($USD4.56M).
Compensation vs Earnings: Ben's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.1yrs | US$20.14m | 0.0081% $14.3m | |
| CFO & Executive Director | 2.9yrs | US$4.86m | 0.00097% $1.7m | |
| Projects & Technology Director | 5.3yrs | no data | no data | |
| Executive Vice President of Investor Relations | 0yrs | no data | no data | |
| Legal Director | 0yrs | no data | 0.0032% $5.6m | |
| Executive Vice President of Strategy & Portfolio | 6.1yrs | no data | no data | |
| Chief Human Resources & Corporate Officer | 4.1yrs | no data | no data | |
| Executive Vice President of Arctic - Upstream Americas | 14.4yrs | no data | no data | |
| Head of global Shell Marine Products Business | 14.3yrs | no data | no data | |
| Chairman of Australian Unit | 14yrs | no data | no data |
6.1yrs
Average Tenure
55yo
Average Age
Experienced Management: RDSA's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.1yrs | US$20.14m | 0.0081% $14.3m | |
| CFO & Executive Director | 2.9yrs | US$4.86m | 0.00097% $1.7m | |
| 4.8yrs | US$925.00k | 0.0013% $2.3m | ||
| Deputy Chair & Senior Independent Director | 1.8yrs | US$223.00k | 0.000070% $123.7k | |
| Non-Executive Director | 8.7yrs | US$210.00k | 0.00032% $565.5k | |
| Non-Executive Director | 1.8yrs | US$97.00k | 0.00012% $212.1k | |
| Executive Chairman of Shell Companies | 14.4yrs | no data | no data | |
| Non-Executive Director | 7.1yrs | US$177.00k | 0.000030% $53.0k | |
| Non-Executive Director | 7.6yrs | US$186.00k | 0.000010% $17.7k | |
| Chairman of Shell Companies in Singapore | 0yrs | no data | no data |
6.1yrs
Average Tenure
65yo
Average Age
Experienced Board: RDSA's board of directors are considered experienced (6.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Royal Dutch Shell plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Royal Dutch Shell plc
- Ticker: RDSA
- Exchange: ENXTAM
- Founded: 1907
- Industry: Integrated Oil and Gas
- Sector: Energy
- Market Cap: €176.729b
- Shares outstanding: 7.81b
- Website: https://www.shell.com
Number of Employees
Location
- Royal Dutch Shell plc
- Carel van Bylandtlaan 30
- The Hague
- Zuid-Holland
- 2596 HR
- Netherlands
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RDS | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH REP 0.5 'B'ADR | AR | ARS | May 2004 | |
| RDSA | LSE (London Stock Exchange) | Yes | Class A Shares | GB | GBP | Jan 2005 |
| RDSA | ENXTAM (Euronext Amsterdam) | Yes | Class A Shares | NL | EUR | Jan 2005 |
| R6C | DB (Deutsche Boerse AG) | Yes | Class A Shares | DE | EUR | Jan 2005 |
| RDSA | SWX (SIX Swiss Exchange) | Yes | Class A Shares | CH | CHF | Jan 2005 |
| RYDA.F | OTCPK (Pink Sheets LLC) | Yes | Class A Shares | US | USD | Jan 2005 |
| R6C | XTRA (XETRA Trading Platform) | Yes | Class A Shares | DE | EUR | Jan 2005 |
| RDSAA | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Class A Shares | GB | EUR | Jan 2005 |
| RDSAL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Class A Shares | GB | GBP | Jan 2005 |
| R6CD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Class A Shares | GB | EUR | Jan 2005 |
| RDSA | WBAG (Wiener Boerse AG) | Yes | Class A Shares | AT | EUR | Jan 2005 |
| RDSA | SEP (The Stock Exchange Prague Co. Ltd.) | Yes | Class A Shares | CZ | CZK | Jan 2005 |
| RDSB | LSE (London Stock Exchange) | Class B Shares | GB | GBP | Jul 2005 | |
| RDSB | ENXTAM (Euronext Amsterdam) | Class B Shares | NL | EUR | Jul 2005 | |
| R6C3 | DB (Deutsche Boerse AG) | Class B Shares | DE | EUR | Jul 2005 | |
| R6C1 | DB (Deutsche Boerse AG) | ADR EA REP 2 CL'A' EUR0.07 | DE | EUR | Jul 2005 | |
| R6C2 | DB (Deutsche Boerse AG) | ADR EA REP 2 CL'B' EUR0.07 | DE | EUR | Jul 2005 | |
| RDS A | BMV (Bolsa Mexicana de Valores) | ADR EA REP 2 CL'A' EUR0.07 | MX | MXN | Jul 2005 | |
| RDS B | BMV (Bolsa Mexicana de Valores) | ADR EA REP 2 CL'B' EUR0.07 | MX | MXN | Jul 2005 | |
| RDS.B | NYSE (New York Stock Exchange) | ADR EA REP 2 CL'B' EUR0.07 | US | USD | Jul 2005 | |
| RDS.A | NYSE (New York Stock Exchange) | ADR EA REP 2 CL'A' EUR0.07 | US | USD | Jul 2005 | |
| RYDB.F | OTCPK (Pink Sheets LLC) | Class B Shares | US | USD | Jul 2005 | |
| R6C3 | XTRA (XETRA Trading Platform) | Class B Shares | DE | EUR | Jul 2005 | |
| RDSBL | BATS-CHIXE (BATS 'Chi-X Europe') | Class B Shares | GB | GBP | Jul 2005 | |
| RDSBA | BATS-CHIXE (BATS 'Chi-X Europe') | Class B Shares | GB | EUR | Jul 2005 | |
| RDSB | SWX (SIX Swiss Exchange) | Class B Shares | CH | CHF | Jul 2005 |
Biography
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market. The company also markets and trades natural gas, LNG, crude oil, electricity, carbon-emission rights; and markets and sells liquefied natural gas as a fuel for heavy-duty vehicles and marine vessels. In addition, it trades in and refines crude oil and other feed stocks, such as gasoline, diesel, heating oil, aviation fuel, marine fuel, biofuel, lubricants, bitumen, and sulphur; produces and sells petrochemicals; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Royal Dutch Shell plc was founded in 1907 and is headquartered in The Hague, the Netherlands.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/23 21:02 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.