DVN Relative Valuation
DVN's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, DVN is overvalued; if below, it's undervalued.
Historical Valuation
Devon Energy Corp (DVN) is now in the Fair zone, suggesting that its current forward PE ratio of 9.78 is considered Fairly compared with the five-year average of 8.23. The fair price of Devon Energy Corp (DVN) is between 27.59 to 43.12 according to relative valuation methord.
Relative Value
Fair Zone
27.59-43.12
Current Price：37.69
Fair
9.81
PE
1Y
3Y
5Y
Trailing
Forward
4.42
EV/EBITDA
Devon Energy Corp. (DVN) has a current EV/EBITDA of 4.42. The 5-year average EV/EBITDA is 4.35. The thresholds are as follows: Strongly Undervalued below 3.01, Undervalued between 3.01 and 3.68, Fairly Valued between 5.02 and 3.68, Overvalued between 5.02 and 5.69, and Strongly Overvalued above 5.69. The current Forward EV/EBITDA of 4.42 falls within the Historic Trend Line -Fairly Valued range.
9.44
EV/EBIT
Devon Energy Corp. (DVN) has a current EV/EBIT of 9.44. The 5-year average EV/EBIT is 7.04. The thresholds are as follows: Strongly Undervalued below 4.38, Undervalued between 4.38 and 5.71, Fairly Valued between 8.36 and 5.71, Overvalued between 8.36 and 9.69, and Strongly Overvalued above 9.69. The current Forward EV/EBIT of 9.44 falls within the Overvalued range.
1.63
PS
Devon Energy Corp. (DVN) has a current PS of 1.63. The 5-year average PS is 1.87. The thresholds are as follows: Strongly Undervalued below 0.97, Undervalued between 0.97 and 1.42, Fairly Valued between 2.32 and 1.42, Overvalued between 2.32 and 2.77, and Strongly Overvalued above 2.77. The current Forward PS of 1.63 falls within the Historic Trend Line -Fairly Valued range.
3.58
P/OCF
Devon Energy Corp. (DVN) has a current P/OCF of 3.58. The 5-year average P/OCF is 3.94. The thresholds are as follows: Strongly Undervalued below 2.26, Undervalued between 2.26 and 3.10, Fairly Valued between 4.79 and 3.10, Overvalued between 4.79 and 5.63, and Strongly Overvalued above 5.63. The current Forward P/OCF of 3.58 falls within the Historic Trend Line -Fairly Valued range.
9.61
P/FCF
Devon Energy Corp. (DVN) has a current P/FCF of 9.61. The 5-year average P/FCF is 7.88. The thresholds are as follows: Strongly Undervalued below 3.32, Undervalued between 3.32 and 5.60, Fairly Valued between 10.16 and 5.60, Overvalued between 10.16 and 12.44, and Strongly Overvalued above 12.44. The current Forward P/FCF of 9.61 falls within the Historic Trend Line -Fairly Valued range.
Devon Energy Corp (DVN) has a current Price-to-Book (P/B) ratio of 1.54. Compared to its 3-year average P/B ratio of 2.27 , the current P/B ratio is approximately -31.95% higher. Relative to its 5-year average P/B ratio of 2.68, the current P/B ratio is about -42.39% higher. Devon Energy Corp (DVN) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 5.34%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 5.90% , the current FCF yield is about -100.00% lower.
1.55
P/B
Median3y
2.27
Median5y
2.68
11.92
FCF Yield
Median3y
5.34
Median5y
5.90
Competitors Valuation Multiple
The average P/S ratio for DVN's competitors is , providing a benchmark for relative valuation. Devon Energy Corp Corp (DVN) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 11.96%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of DVN increased by 15.22% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 6.93 to 8.88.
The secondary factor is the Revenue Growth, contributed 11.96%to the performance.
Overall, the performance of DVN in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
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