Chevron Corp.Find Ratings Reports
CHEVRON CORP's gross profit margin for the first quarter of its fiscal year 2018 has increased when compared to the same period a year ago. The company has grown sales and net income during the past quarter when compared with the same quarter a year ago, however, it was unable to keep up with the growth of the average competitor within its industry. CHEVRON CORP has weak liquidity. Currently, the Quick Ratio is 0.74 which shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.
At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 2.56% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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|Income Statement||Q1 FY18||Q1 FY17|
|Net Sales ($mil)||35968.0||31524.0|
|Net Income ($mil)||3638.0||2682.0|
|Balance Sheet||Q1 FY18||Q1 FY17|
|Cash & Equiv. ($mil)||6820.0||6994.0|
|Total Assets ($mil)||256442.0||259111.0|
|Total Debt ($mil)||39745.0||45256.0|
|Profitability||Q1 FY18||Q1 FY17|
|Gross Profit Margin||23.93||20.4|
|Return on Assets||3.95||1.12|
|Return on Equity||6.75||1.98|
|Debt||Q1 FY18||Q1 FY17|
|Share Data||Q1 FY18||Q1 FY17|
|Shares outstanding (mil)||1910.96||1894.56|
|Div / share||1.12||1.08|
|Book value / share||78.68||77.38|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||6581757.0||7053473.0|
BUY. CHEVRON CORP's P/E ratio indicates a discount compared to an average of 29.24 for the Oil, Gas & Consumable Fuels industry and a value on par with the S&P 500 average of 25.32. For additional comparison, its price-to-book ratio of 1.61 indicates a significant discount versus the S&P 500 average of 3.29 and a significant discount versus the industry average of 5.06. The price-to-sales ratio is below both the S&P 500 average and the industry average, indicating a discount. Upon assessment of these and other key valuation criteria, CHEVRON CORP proves to trade at a discount to investment alternatives within the industry.
|CVX 23.69||Peers 29.24||CVX 11.13||Peers 9.31|
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.
CVX is trading at a discount to its peers.
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
CVX is trading at a premium to its peers.
|CVX 15.24||Peers 17.18||CVX 0.36||Peers 0.84|
Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.
CVX is trading at a valuation on par with its peers.
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
CVX trades at a significant discount to its peers.
|CVX 1.61||Peers 5.06||CVX 249.01||Peers 519.19|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
CVX is trading at a significant discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, CVX is expected to significantly trail its peers on the basis of its earnings growth rate.
|CVX 1.81||Peers 2.20||CVX 17.80||Peers 26.11|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
CVX is trading at a discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
CVX significantly trails its peers on the basis of sales growth