What Is CVX Fair Value?
Chevron Corporation (CVX) fair value estimate using multiple valuation models, updated daily.
As of September 15, 2026, Chevron Corporation (CVX) has a composite fair value estimate of $216.04 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $217.77, suggesting the stock is fair value by 0.8%.
Data as of September 15, 2026 (today)
Composite Fair Value
Fair Value4 of 4 models$216.04
vs. current price of $217.77(-0.8%)
How Is CVX Fair Value Calculated?
Four independent models estimate what CVX is worth. Each uses different inputs and assumptions. The composite blends them by weight.
CVX Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
35% weightEstimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →
$256.34
+17.7%Undervalued
Inputs used
DDM (Dividend Discount Model)
15% weightIf a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →
$155.26
-28.7%Overvalued
Inputs used
CVX Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
25% weightCreated by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →
$187.46
-13.9%Fair Value
Inputs used
PEG (Price/Earnings to Growth)
25% weightChecks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.
$161.35
-25.9%Overvalued
Inputs used
What If You Change the Assumptions?
Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.
Your DCF Fair Value
Current price $217.77 is 17.7% below this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $23.03B | $21.54B |
| Year 2 | $24.18B | $21.15B |
| Year 3 | $25.39B | $20.76B |
| Year 4 | $26.66B | $20.38B |
| Year 5 | $27.99B | $20.01B |
| Year 6 | $29.39B | $19.65B |
| Year 7 | $30.86B | $19.29B |
| Year 8 | $32.41B | $18.94B |
| Year 9 | $34.03B | $18.60B |
| Year 10 | $35.73B | $18.26B |
| Terminal Value | $824.64B | $421.52B |
What Are CVX's Key Financial Metrics?
Earnings & Growth
Current Price
$217.77
EPS (TTM)
$10.40
Forward P/E
16.2
Profit Margin
9.8%
Cash & Balance Sheet
Free Cash Flow
21.9B
EBITDA
50.7B
Book Value
$96.80
Total Debt
37.1B
What Do Analysts Say About CVX?
Low
$175.00
Average
$221.21
High
$243.00
Upside
+1.6%
CVX Fair Value FAQ
What is the fair value of CVX?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), CVX's estimated fair value is $216.04. The stock is currently trading at $217.77, which makes it fair value by our analysis.
How is CVX's fair value calculated?
We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.
Is CVX overvalued or undervalued?
Based on our analysis, CVX is fair value. The current price of $217.77 is 0.8% above our estimated fair value of $216.04.
What do Wall Street analysts say about CVX?
24 analysts cover Chevron Corporation with a consensus rating of "Buy." The average price target is $221.21, ranging from $175.00 to $243.00. This implies 1.6% upside from the current price.