What Is CVX Fair Value?
Chevron Corporation (CVX) fair value estimate using multiple valuation models, updated daily.
As of August 1, 2026, Chevron Corporation (CVX) has a composite fair value estimate of $226.20 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $196.83, suggesting the stock is fair value by 14.9%.
Data as of August 1, 2026 (today)
Composite Fair Value
Fair Value4 of 4 models$226.20
vs. current price of $196.83(+14.9%)
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 →
$317.12
+61.1%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 →
$97.31
-50.6%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 →
$176.71
-10.2%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.
$147.39
-25.1%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 $196.83 is 61.1% below this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $47.59B | $43.26B |
| Year 2 | $49.97B | $41.29B |
| Year 3 | $52.46B | $39.42B |
| Year 4 | $55.09B | $37.63B |
| Year 5 | $57.84B | $35.92B |
| Year 6 | $60.73B | $34.28B |
| Year 7 | $63.77B | $32.72B |
| Year 8 | $66.96B | $31.24B |
| Year 9 | $70.31B | $29.82B |
| Year 10 | $73.82B | $28.46B |
| Terminal Value | $1.01T | $388.98B |
What Are CVX's Key Financial Metrics?
Earnings & Growth
Current Price
$196.83
EPS (TTM)
$10.39
Forward P/E
15.5
Profit Margin
9.8%
Cash & Balance Sheet
Free Cash Flow
0
EBITDA
52.2B
Book Value
$94.16
Total Debt
0
What Do Analysts Say About CVX?
Low
$170.00
Average
$215.00
High
$243.00
Upside
+9.2%
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 $226.20. The stock is currently trading at $196.83, 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 $196.83 is 14.9% below our estimated fair value of $226.20.
What do Wall Street analysts say about CVX?
24 analysts cover Chevron Corporation with a consensus rating of "Buy." The average price target is $215.00, ranging from $170.00 to $243.00. This implies 9.2% upside from the current price.