Valuation Aramco

Stocks

2222

SA14TG012N13

Integrated Oil & Gas

Market Closed - Saudi Arabian S.E. Other stock markets 08:20:00 2026-07-19 am EDT			5-day change	1st Jan Change
26.84 ^SAR	+0.60%		+0.22%	+12.63%

Jun. 28	Mideast stocks-Gulf markets mixed as US-Iran trade attacks	RE
Jun. 28	Saudi Aramco helicopter crash kills 14 nationals, state news agency says	RE

Company Valuation: Aramco

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	7,155,811	7,058,889	7,982,949	6,786,661	5,763,398	6,492,795	-	-
Change	-	-1.35%	13.09%	-14.99%	-15.08%	12.66%	-	-
Enterprise Value (EV) ¹	7,340,080	6,944,771	7,889,780	6,876,123	5,831,909	6,554,184	6,576,466	6,610,848
Change	-	-5.39%	13.61%	-12.85%	-15.19%	12.38%	0.34%	0.52%
P/E	18.1x	11.8x	17.6x	17.2x	16.5x	13.7x	14.5x	14.5x
PBR	6.43x	4.87x	5.2x	4.65x	3.86x	3.89x	3.76x	3.61x
PEG	-	0.2x	-0.7x	-1.3x	-1.4x	0.4x	-2.61x	46.45x
Capitalization / Revenue	4.76x	3.11x	4.3x	3.77x	3.45x	3.35x	3.62x	3.54x
EV / Revenue	4.89x	3.06x	4.25x	3.82x	3.49x	3.38x	3.67x	3.61x
EV / EBITDA	8.56x	5.62x	8.17x	7.83x	7.29x	6.51x	6.77x	6.77x
EV / EBIT	9.51x	6.07x	9.09x	8.88x	8.25x	7.25x	7.52x	7.53x
EV / FCF	18.2x	12.5x	20.8x	21.5x	18.2x	15.1x	17.6x	16.7x
FCF Yield	5.49%	8.02%	4.81%	4.65%	5.49%	6.63%	5.69%	6%
Dividend per Share ²	1.157	1.191	1.695	1.776	1.325	1.392	1.537	1.567
Rate of return	3.91%	4.08%	5.14%	6.33%	5.56%	5.19%	5.73%	5.84%
EPS ²	1.636	2.473	1.87	1.63	1.44	1.954	1.845	1.851
Distribution rate	70.7%	48.2%	90.6%	109%	92%	71.2%	83.3%	84.7%
Net sales ¹	1,501,758	2,266,373	1,856,373	1,801,674	1,671,204	1,940,003	1,791,352	1,832,561
EBITDA ¹	857,439	1,235,695	965,330	877,834	799,913	1,006,609	972,086	976,707
EBIT ¹	771,918	1,144,077	868,290	774,630	706,822	904,600	874,304	878,001
Net income ¹	395,203	597,215	452,753	393,891	348,042	469,496	445,198	445,322
Net Debt ¹	184,269	-114,118	-93,169	89,462	68,511	61,390	83,672	118,054
Reference price ²	29.59	29.18	33.00	28.05	23.83	26.84	26.84	26.84
Nbr of stocks (in thousands)	241,858,445	241,893,399	241,907,556	241,948,700	241,854,700	241,907,400	-	-
Announcement Date	3/21/22	3/13/23	3/10/24	3/4/25	3/10/26	-	-	-

¹SAR in Million²SAR

Estimates

P/E, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ARAMCO	13.66x	3.36x	6.47x	5.22%	1,719B
CHEVRON CORPORATION	12.33x	1.73x	5.73x	3.81%	371B
PETROCHINA COMPANY LIMITED	7.91x	0.6x	3.75x	6.61%	272B
SHELL PLC	8.35x	0.91x	4.11x	3.59%	242B
TOTALENERGIES SE	7.56x	1.02x	4.03x	5.1%	179B
CNOOC LIMITED	5.52x	1.64x	2.63x	8.22%	142B
PETROBRAS	3.39x	1.51x	2.89x	12.58%	110B
EQUINOR ASA	8.02x	0.85x	2x	4.25%	92.51B
ENI S.P.A.	8.96x	0.77x	3.83x	5.06%	72.72B
Average	8.41x	1.38x	3.94x	6.05%	355.49B
Weighted average by Cap.	11.29x	2.35x	5.36x	5.4%