3. How Saudi Arabia ARAMCO stacks up versus it’s Comparable Peers ?
Enterprise Value Comparison
Exon Mobil Market Cap – $ 349.3 B Revenue (2016)– $ 219 B Price/Earnings Ratio – 1.59
Royal Dutch Shell Market Cap – $ 233 B Revenue (2016)– $ 219 B Price/Earnings Ratio – 1.06
Chevron Market Cap – $ 206.8 B Revenue (2016)– $ 110 B Price/Earnings Ratio – 1.88
Petrobas Market Cap – $ 135.2 B Revenue (2016)– $ 81.4 B Price/Earnings Ratio – 1.66
SAUDI ARAMCO Market Cap*– $ 2133 B Revenue (2016)– $ 185 B Price/Earnings Ratio – 11.5
* Proposed by Saudi Crown Prince
SAUDI ARAMCO Market Cap**– $ 715 B Revenue (2016)– $ 126 B Price/Earnings Ratio – 5.67
**Based on DCF
Model
Article : Saudi ARAMCO – An Exercise in Pre-IPO Valuation using DCF Model
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