Fair value (multi-method)
Four independent methods triangulate what CVX is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$955.95
Method range
$48.27 – $955.95
median $196.36
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $955.95 | +410.36% |
| Exit multiple | $192.58 | +2.82% |
| Analyst target | $200.13 | +6.84% |
| Graham number | $48.27 | -74.23% |
- Forward DCF$955.95
- Exit multiple$192.58
- Analyst target$200.13
- Graham number$48.27
Stock price
$187.31
EPS (TTM)
$5.77
5Y EPS CAGR
27.5%
Fair value @ hist. growth
$955.95
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied EPS growth
6.6%
per year over your projection horizon
Margin of safety 80.4% vs hist-growth DCF
Historical 5Y CAGR
27.5%
Your model implies
6.6%
Analyst consensus for next year implies 148% — beyond the model's annualised scale. Consensus reflects a one-step EPS estimate vs TTM, not a multi-year CAGR.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 5.0% | 2.8% | 1.5% | -0.1% | -2.1% | -4.6% |
| 5.9% | 5.7% | 4.6% | 3.4% | 2.0% | 0.3% |
| 6.9% | 8.4% | 7.6% | 6.6% | 5.5% | 4.3% |
| 7.9% | 10.9% | 10.2% | 9.4% | 8.5% | 7.5% |
| 8.9% | 13.1% | 12.5% | 11.8% | 11.1% | 10.3% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
Net debt
$40.3B
Total debt − cash
Beta
0.47
Vs market benchmark
Annual diluted EPS
Per-share earnings by fiscal year — last 5 years anchor the CAGR reference above.
Frequently asked questions
Chevron (CVX) Key Financials
Charts, filings, and peer comparison for every metric
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