PBF ENERGY INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 46.33 USD | +3.90% |
|
-5.02% | +5.39% |
| May. 14 | Piper Sandler Adjusts Price Target on PBF Energy to $54 From $61, Maintains Neutral Rating | MT |
| May. 02 | PBF Energy beats first-quarter profit estimates on stable demand | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,760 | 852.9 | 1,560 | 4,996 | 5,372 | 5,493 | - | - |
| Enterprise Value (EV) 1 | 5,010 | 3,904 | 4,514 | 4,752 | 4,834 | 5,131 | 5,286 | 5,520 |
| P/E ratio | 11.9 x | -0.61 x | 6.83 x | 1.79 x | 2.66 x | 7.91 x | 9.77 x | 7.03 x |
| Yield | 3.83% | 4.23% | - | 0.49% | 1.93% | 2.19% | 2.28% | 2.25% |
| Capitalization / Revenue | 0.15 x | 0.06 x | 0.06 x | 0.11 x | 0.14 x | 0.15 x | 0.16 x | 0.17 x |
| EV / Revenue | 0.2 x | 0.26 x | 0.17 x | 0.1 x | 0.13 x | 0.14 x | 0.15 x | 0.17 x |
| EV / EBITDA | 6.33 x | -4.15 x | 10.3 x | 1.01 x | 1.87 x | 3.26 x | 3.87 x | 4.82 x |
| EV / FCF | 27.1 x | -3.81 x | 55.3 x | 1.26 x | 29.3 x | 13.4 x | 12.4 x | 9.52 x |
| FCF Yield | 3.68% | -26.3% | 1.81% | 79.2% | 3.41% | 7.48% | 8.1% | 10.5% |
| Price to Book | 1.24 x | 0.52 x | 0.81 x | 1.08 x | 0.82 x | 0.79 x | 0.73 x | 0.67 x |
| Nbr of stocks (in thousands) | 119,844 | 120,128 | 120,246 | 122,520 | 122,201 | 118,564 | - | - |
| Reference price 2 | 31.37 | 7.100 | 12.97 | 40.78 | 43.96 | 46.33 | 46.33 | 46.33 |
| Announcement Date | 2/13/20 | 2/11/21 | 2/10/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 24,508 | 15,116 | 27,253 | 46,830 | 38,325 | 36,027 | 34,557 | 32,289 |
| EBITDA 1 | 791.9 | -941.9 | 440.3 | 4,719 | 2,591 | 1,574 | 1,367 | 1,145 |
| EBIT 1 | 365.7 | -1,441 | -42.8 | 4,202 | 2,018 | 1,431 | 779.3 | 585.9 |
| Operating Margin | 1.49% | -9.53% | -0.16% | 8.97% | 5.26% | 3.97% | 2.26% | 1.81% |
| Earnings before Tax (EBT) 1 | 479.5 | -1,331 | 327.6 | 3,558 | 2,886 | 1,000 | 703.9 | 442.9 |
| Net income 1 | 319.4 | -1,392 | 231 | 2,877 | 2,140 | 772.2 | 542.1 | 772.4 |
| Net margin | 1.3% | -9.21% | 0.85% | 6.14% | 5.59% | 2.14% | 1.57% | 2.39% |
| EPS 2 | 2.640 | -11.64 | 1.900 | 22.84 | 16.52 | 5.858 | 4.743 | 6.590 |
| Free Cash Flow 1 | 184.6 | -1,025 | 81.6 | 3,761 | 164.9 | 383.8 | 428 | 579.7 |
| FCF margin | 0.75% | -6.78% | 0.3% | 8.03% | 0.43% | 1.07% | 1.24% | 1.8% |
| FCF Conversion (EBITDA) | 23.31% | - | 18.53% | 79.69% | 6.36% | 24.39% | 31.31% | 50.65% |
| FCF Conversion (Net income) | 57.8% | - | 35.32% | 130.74% | 7.7% | 49.71% | 78.95% | 75.06% |
| Dividend per Share 2 | 1.200 | 0.3000 | - | 0.2000 | 0.8500 | 1.014 | 1.057 | 1.041 |
| Announcement Date | 2/13/20 | 2/11/21 | 2/10/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,244 | 9,142 | 14,078 | 12,765 | 10,846 | 9,295 | 9,158 | 10,734 | 9,139 | 8,646 | 8,936 | 9,184 | 8,750 | 8,187 | 8,481 |
| EBITDA 1 | 409.5 | 258.8 | 1,919 | 1,533 | 1,012 | 665.4 | 560.3 | 1,298 | 93.4 | 301.5 | 467.8 | 473.5 | 288.1 | 337.7 | 471 |
| EBIT 1 | 294.5 | 141.3 | 1,784 | 1,403 | 873 | 516.1 | 403.7 | 1,146 | -46.1 | 143.9 | 472.5 | 693.5 | 133.8 | -8.2 | 455 |
| Operating Margin | 3.57% | 1.55% | 12.67% | 10.99% | 8.05% | 5.55% | 4.41% | 10.67% | -0.5% | 1.66% | 5.29% | 7.55% | 1.53% | -0.1% | 5.36% |
| Earnings before Tax (EBT) 1 | 184.8 | -9.4 | 1,367 | 1,275 | 924.6 | 512.4 | 1,378 | 1,049 | -53.6 | 135.2 | 382.4 | 386.1 | 84.64 | 67.05 | 385.6 |
| Net income 1 | 165.3 | -21.1 | 1,204 | 1,056 | 637.8 | 382.1 | 1,020 | 786.4 | -48.4 | 106.6 | 316.3 | 301.8 | 58.55 | 61.93 | 269.7 |
| Net margin | 2.01% | -0.23% | 8.55% | 8.28% | 5.88% | 4.11% | 11.14% | 7.33% | -0.53% | 1.23% | 3.54% | 3.29% | 0.67% | 0.76% | 3.18% |
| EPS 2 | 1.360 | -0.1800 | 9.650 | 8.400 | 4.860 | 2.860 | 7.880 | 6.110 | -0.4000 | 0.8600 | 2.475 | 2.491 | 0.5586 | 0.5200 | 2.320 |
| Dividend per Share 2 | - | - | - | - | 0.2000 | 0.2000 | 0.2000 | 0.2000 | 0.2500 | - | 0.2500 | 0.2571 | 0.2638 | 0.2708 | 0.2708 |
| Announcement Date | 2/10/22 | 4/28/22 | 7/28/22 | 10/27/22 | 2/16/23 | 5/5/23 | 8/3/23 | 11/2/23 | 2/15/24 | 5/2/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,250 | 3,052 | 2,954 | - | - | - | - | 27.3 |
| Net Cash position 1 | - | - | - | 245 | 538 | 362 | 207 | - |
| Leverage (Debt/EBITDA) | 1.578 x | -3.24 x | 6.71 x | - | - | - | - | 0.0239 x |
| Free Cash Flow 1 | 185 | -1,025 | 81.6 | 3,761 | 165 | 384 | 428 | 580 |
| ROE (net income / shareholders' equity) | 3.82% | -60.7% | -16.9% | 83.9% | 37.5% | 12.3% | 8.15% | 4.49% |
| ROA (Net income/ Total Assets) | 1.28% | -14.5% | -2.73% | 23.5% | 10.6% | 4.54% | 4.82% | - |
| Assets 1 | 25,041 | 9,614 | -8,459 | 12,227 | 20,239 | 17,004 | 11,249 | - |
| Book Value Per Share 2 | 25.40 | 13.70 | 16.00 | 37.80 | 53.90 | 58.30 | 63.30 | 69.30 |
| Cash Flow per Share 2 | 7.660 | -5.280 | 3.890 | 37.60 | 10.30 | 11.00 | 11.10 | 12.10 |
| Capex 1 | 405 | 393 | 396 | 1,011 | 1,174 | 835 | 814 | 784 |
| Capex / Sales | 1.65% | 2.6% | 1.45% | 2.16% | 3.06% | 2.32% | 2.36% | 2.43% |
| Announcement Date | 2/13/20 | 2/11/21 | 2/10/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
46.33
USD
Average target price
56.46
USD
Spread / Average Target
+21.87%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +5.39% | 5.49B | |
| +10.67% | 232B | |
| +21.27% | 102B | |
| +4.72% | 102B | |
| +19.04% | 62.23B | |
| +6.74% | 60.25B | |
| +20.88% | 51.38B | |
| +27.58% | 37.82B | |
| +25.07% | 26.8B | |
| -16.48% | 19.74B |
- Stock Market
- Equities
- PBF Stock
- Financials PBF Energy Inc.
