ExxonMobil Holdings Corporation

XOM.SW · Energy · Oil & Gas Integrated · Valued as of 2026-11-03 · Statements 2025-12-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

516.65B USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

391.00B USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

369.34B USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

425.67B USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

729.21B USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.58×

the ratio the screener ranks by

Margin of Safety

-71.3%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 516.65B USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)548.47B USD
−②Net Debt Today31.81B USD
+③Growth Value0 USD
=Value516.65B USD

EPV of the Operations (NOPAT over WACC)

548.47B USD

Net debt today

-31.81B USD

Growth Value

0 USD

Value

516.65B USD

①EPV (earnings power value)

548.47B USD

②Net Debt Today

31.81B USD

③Growth Value

0 USD

Market value

Market Cap729.21B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-41.1%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 391.00B USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE246.23B USD
+②Equity at Year 15, Today144.77B USD
=Value391.00B USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth rising to its long-run rate and the ROE on new investment falling to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

246.23B USD

②Equity at Year 15, Today

144.77B USD

Market value

Market Cap729.21B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-86.5%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 369.34B USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF206.59B USD
+②Invested Capital at Year 15, Today194.56B USD
−③Net Debt Today31.81B USD
=Value369.34B USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROIC on new investment falling to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

206.59B USD

②Invested Capital at Year 15, Today

194.56B USD

③Net Debt Today

31.81B USD

Market value

Market Cap729.21B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-97.4%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 5.49%
Cost of Equity =Risk-Free Rate 4.50%+Beta 0.21×Market Risk Premium 6.00%= 5.75%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 11.52B USDPretax Income 41.31B USD= 27.88%

The tax the interest saves.

Interest Expense =EBIT 41,912.87M USD−Pretax Income 41,309.27M USD= 603.60M USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 603.60M USDTotal Debt 42.41B USD×(1 − Tax Rate for WACC 27.88%)= 1.03%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 42.41B USDMarket Cap + Total Debt 729.21B USD + 42.41B USD= 5.50%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 94.50%×Cost of Equity 5.75%+Debt Weight 5.50%×Cost of Debt 1.03%= 5.49%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-06-30.

Total Assets 464.95B USD − Total Liabilities 198.57B USD = Book Value Today 266.38B USD

Total Debt 42.41B USD − Cash and Short-Term Investments 10.60B USD = Net Debt Today 31.81B USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 13.5%at most 5%passes4,111,911,960 / 3,971,000,000
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets5.0%at least -10.0%passes(52.02B USD − 28.87B USD) ÷ 464.95B USD
Price to bookMarket Cap ÷ Book Value Today2.74×at most 3×passes729.21B USD ÷ 266.38B USD
Operating marginOperating Income ÷ Revenue10.5%above 10.0%passes33.97B USD ÷ 324.23B USD
Revenue growthRevenue ÷ Revenue a Year Before − 1-4.5%above 10.0%does not pass324.23B USD / 339.59B USD
Net cash(Cash − Total Debt) ÷ Market Cap-4.4%above -30%passes(10.60B USD − 42.41B USD) ÷ 729.21B USD
Operating efficiencyOperating Income ÷ Gross Profit47.6%above 25.0%passes33.97B USD ÷ 71.31B USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

146.15 CHF

Enterprise value

635.29B CHF

the provider's own figure

EV / EBITDA

9.34×

Price / book

2.81×

the provider's book

Price / earnings

23.66×

Return on equity

12.6%

the provider's figure, not this page's

Profit margin

9.1%

Revenue growth

44.1%

Analyst target, mean

—

Analysts

—

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

USD2022202320242025
Income statement

Revenue

399.07B335.03B339.59B324.23B

Gross profit

103.17B84.23B76.82B71.31B

Operating income

64.09B44.51B39.69B33.97B

EBITDA

operating income before depreciation and amortisation

102.69B74.35B73.38B67.93B

Pretax income

77.83B52.84B48.92B41.31B

Net income

55.80B36.05B33.71B28.87B

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

55.80B36.05B33.71B28.87B

R&D

————
Balance sheet, year end

Total assets

369.44B376.69B453.93B449.43B

Total liabilities

166.76B163.94B183.05B182.54B

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

195.24B205.01B263.97B259.65B

Total debt

41.23B41.61B41.75B—

Cash and equivalents

29.67B31.57B23.05B10.69B

Net PP&E

fixed assets after depreciation

204.90B215.15B294.61B299.67B

Working capital

current assets less current liabilities

28.61B31.32B21.70B11.06B
Cash flow

Operating cash flow

76.87B55.42B55.08B52.02B

Capital expenditure

paid out, so below zero

-18.43B-21.94B-24.33B-28.39B

Depreciation and amortisation

24.06B20.66B23.47B26.02B

Free cash flow

operating cash flow plus capital expenditure

58.45B33.48B30.75B23.64B