Exxon Mobil Corporation

NYSE:XOM Stock Report

Market Cap: US$446.6b

Exxon Mobil Valuation

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

Below Fair Value: XOM ($113.27) is trading below our estimate of fair value ($173.67)

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?

Other financial metrics that can be useful for relative valuation.

XOM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.4x
Enterprise Value/EBITDA6.8x
PEG Ratio3x

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 Average13.3x
CVX Chevron
14.1x3.6%US$286.7b
OXY Occidental Petroleum
16.4x21.3%US$54.3b
COP ConocoPhillips
12.5x0.8%US$132.3b
EOG EOG Resources
10.1x-2.7%US$74.1b
XOM Exxon Mobil
13.6x4.5%US$446.6b

Price-To-Earnings vs Peers: XOM is expensive based on its Price-To-Earnings Ratio (13.6x) compared to the peer average (13.3x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a5.5%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a5.5%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: XOM is expensive based on its Price-To-Earnings Ratio (13.6x) compared to the US Oil and Gas industry average (11.1x).


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 Ratio13.6x
Fair PE Ratio16.2x

Price-To-Earnings vs Fair Ratio: XOM is good value based on its Price-To-Earnings Ratio (13.6x) compared to the estimated Fair Price-To-Earnings Ratio (16.2x).


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 XOM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$113.27
US$132.74
+17.2%
8.4%US$153.00US$114.00n/a23
Jul ’25US$114.96
US$132.57
+15.3%
8.4%US$154.00US$114.00n/a23
Jun ’25US$117.26
US$133.26
+13.6%
8.6%US$152.00US$110.00n/a23
May ’25US$116.03
US$130.64
+12.6%
9.1%US$150.00US$110.00n/a24
Apr ’25US$116.99
US$124.67
+6.6%
8.2%US$149.00US$105.00n/a23
Mar ’25US$105.84
US$124.18
+17.3%
9.2%US$149.00US$105.00n/a24
Feb ’25US$102.39
US$124.19
+21.3%
9.1%US$149.00US$105.00n/a24
Jan ’25US$99.98
US$126.10
+26.1%
9.7%US$150.00US$105.00n/a24
Dec ’24US$102.99
US$127.08
+23.4%
9.0%US$150.00US$110.00n/a24
Nov ’24US$105.64
US$127.00
+20.2%
9.9%US$150.00US$110.00n/a24
Oct ’24US$117.58
US$123.57
+5.1%
9.8%US$150.00US$105.00n/a23
Sep ’24US$113.52
US$122.22
+7.7%
9.2%US$146.00US$105.00n/a23
Aug ’24US$106.62
US$121.26
+13.7%
9.7%US$146.00US$100.00n/a23
Jul ’24US$107.25
US$124.35
+15.9%
9.2%US$146.00US$98.00US$114.9624
Jun ’24US$103.36
US$125.60
+21.5%
9.8%US$146.00US$98.00US$117.2624
May ’24US$114.67
US$125.94
+9.8%
10.6%US$148.00US$98.00US$116.0326
Apr ’24US$109.66
US$124.27
+13.3%
10.2%US$148.00US$98.00US$116.9927
Mar ’24US$110.89
US$122.81
+10.8%
10.5%US$148.00US$98.00US$105.8427
Feb ’24US$114.74
US$122.25
+6.5%
10.2%US$142.00US$98.00US$102.3927
Jan ’24US$110.30
US$115.25
+4.5%
13.8%US$138.00US$77.00US$99.9827
Dec ’23US$110.80
US$114.33
+3.2%
13.7%US$138.00US$77.00US$102.9927
Nov ’23US$111.91
US$111.50
-0.4%
13.4%US$136.00US$77.00US$105.6427
Oct ’23US$87.31
US$104.77
+20.0%
13.4%US$134.00US$77.00US$117.5827
Sep ’23US$93.87
US$104.51
+11.3%
13.5%US$134.00US$77.00US$113.5227
Aug ’23US$94.48
US$103.65
+9.7%
14.1%US$134.00US$77.00US$106.6226
Jul ’23US$87.55
US$100.64
+15.0%
12.7%US$128.00US$77.00US$107.2525

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


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