SHELL Stock Analysis: Shell | AS
Oil & Gas Integrated | AS, Netherlands | Market Cap: 188.240m EUR | 12M Return: 21.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 150M
EPS Trend: -93.6%
Qual. Beats: 0
Rev. Trend: -93.9%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Shell plc is a UK-headquartered, globally integrated energy and petrochemical company operating across Europe, Asia, Oceania, Africa, the Americas, and the United States. Founded in 1897 and rebranded from Royal Dutch Shell plc in January 2022, the company is headquartered in London and is classified within the Integrated Oil & Gas sub-industry of the energy sector.
The company is organized into five reporting segments: Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions. Its operations span the full oil and gas value chain, from exploration and extraction of crude oil, natural gas, and natural gas liquids, to the production of liquefied natural gas (LNG) and gas-to-liquids (GTL) fuels. Shell also operates refineries and chemicals manufacturing plants, marketing and trading crude oil, oil products, and petrochemicals worldwide for domestic, industrial, and transport use.
In addition to its traditional oil and gas activities, Shell operates a retail and commercial marketing network that includes lubricants, convenience retail, and electric vehicle charging. The Renewables and Energy Solutions segment supplies low-carbon offerings such as biofuels to aviation, marine, and agriculture customers, reflecting the integrated oil & gas sectors broader shift toward energy transition. Companies in this sub-industry typically combine upstream resource ownership with midstream logistics and downstream refining/marketing, allowing them to capture margin across multiple stages of the hydrocarbon chain.
- Brent crude price levels drive upstream segment cash flow
- LNG demand growth lifts integrated gas profitability
- Share buyback pace accelerates capital returns to shareholders
| Net Income: 18.6b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -3.08 > 1.0 |
| NWC/Revenue: 9.44% < 20% (prev 10.88%; Δ -1.44% < -1%) |
| CFO/TA 0.10 > 3% & CFO 37.8b > Net Income 18.6b |
| Net Debt (83.1b) to EBITDA (56.7b): 1.46 < 3 |
| Current Ratio: 1.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (5.70b) vs 12m ago -10.37% < -2% |
| Gross Margin: 16.86% > 18% (prev 15.15%; Δ 1.71% > 0.5%) |
| Asset Turnover: 70.64% > 50% (prev 72.21%; Δ -1.57% > 0%) |
| Interest Coverage Ratio: 6.59 > 6 (EBIT TTM 33.6b / Interest Expense TTM 5.09b) |
| A: 0.07 (Total Current Assets 119b - Total Current Liabilities 93.4b) / Total Assets 380b |
| B: 0.50 (Retained Earnings 191b / Total Assets 380b) |
| C: 0.09 (EBIT TTM 33.6b / Avg Total Assets 385b) |
| D: 0.84 (Book Value of Equity 173b / Total Liabilities 206b) |
| Altman-Z'' = 3.55 = A |
| DSRI: 1.15 (Receivables 53.8b/48.2b, Revenue 272b/281b) |
| GMI: 0.90 (GM 15.15% / 16.86%) |
| AQI: 0.98 (AQ_t 0.20 / AQ_t-1 0.20) |
| SGI: 0.97 (Revenue 272b / 281b) |
| TATA: -0.05 (NI 18.6b - CFO 37.8b) / TA 380b) |
| Beneish M = -3.03 (Cap -4..+1) = AA |
As of July 10, 2026, the stock is trading at EUR 35.74 with a total of 3,342,479 shares traded. Over the past week, the price has changed by +5.23%, over one month by -2.99%, over three months by -8.89% and over the past year by +21.39%.
Current recommended Stop Loss: 34.70 (which is 2.9% or 1.5 ATR below the current price).
Shell has no consensus analysts rating.
Market Cap USD = 215b (188b EUR * 1.1431 EUR.USD)
P/E Trailing = 12.0443
P/E Forward = 6.8634
P/S = 0.7041
P/B = 1.2215
P/EG = 1.1399
Revenue TTM = 272b USD
EBIT TTM = 33.6b USD
EBITDA TTM = 56.7b USD
Long Term Debt = 40.4b USD (from longTermDebt, last quarter)
Short Term Debt = 10.0b USD (from shortTermDebt, last quarter)
Debt = 106b USD (from shortLongTermDebtTotal, last quarter) + Leases 30.6b
Net Debt = 83.1b USD (calculated: Debt 106b - CCE 23.1b)
Enterprise Value = 298b USD (215b + Debt 106b - CCE 23.1b)
Interest Coverage Ratio = 6.59 (Ebit TTM 33.6b / Interest Expense TTM 5.09b)
EV/FCF = 15.85x (Enterprise Value 298b / FCF TTM 18.8b)
FCF Yield = 6.31% (FCF TTM 18.8b / Enterprise Value 298b)
FCF Margin = 6.92% (FCF TTM 18.8b / Revenue TTM 272b)
Net Margin = 6.84% (Net Income TTM 18.6b / Revenue TTM 272b)
Gross Margin = 16.86% ((Revenue TTM 272b - Cost of Revenue TTM 226b) / Revenue TTM)
Gross Margin QoQ = 19.13% (prev 16.63%)
Tobins Q-Ratio = 0.78 (Enterprise Value 298b / Total Assets 380b)
Interest Expense / Debt = 4.80% (Interest Expense 5.09b / Debt 106b)
Taxrate = 36.96% (11.3b / 30.6b)
NOPAT = 21.2b (EBIT 33.6b * (1 - 36.96%))
Current Ratio = 1.27 (Total Current Assets 119b / Total Current Liabilities 93.4b)
Debt / Equity = 0.61 (Debt 106b / totalStockholderEquity, last quarter 173b)
Debt / EBITDA = 1.46 (Net Debt 83.1b / EBITDA 56.7b)
Debt / FCF = 4.42 (Net Debt 83.1b / FCF TTM 18.8b)
Total Stockholder Equity = 176b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.83% (Net Income 18.6b / Total Assets 380b)
RoE = 10.55% (Net Income TTM 18.6b / Total Stockholder Equity 176b)
RoCE = 15.51% (EBIT 33.6b / Capital Employed (Equity 176b + L.T.Debt 40.4b))
RoIC = 7.48% (NOPAT 21.2b / Invested Capital 283b)
WACC = 5.59% (E(215b)/V(321b) * Re(6.85%) + D(106b)/V(321b) * Rd(4.80%) * (1-Tc(0.37)))
Discount Rate = 6.85% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -80.90 | Cagr: -6.48%
[DCF] Terminal Value 73.10% ; FCFF base≈23.8b ; Y1≈20.9b ; Y5≈16.9b
[DCF] Fair Price = 33.84 (EV 271b - Net Debt 83.1b = Equity 188b / Shares 5.54b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -93.65 | EPS CAGR: -16.11% | SUE: 0.44 | # QB: 0
Revenue Correlation: -93.95 | Revenue CAGR: -9.25% | SUE: -1.23 | # QB: -1
EPS current Quarter (2026-06-30): EPS=1.05 | Chg30d=+2.44% | Revisions=-40% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.95 | Chg30d=-5.79% | Revisions=+40% | Analysts=2
EPS current Year (2026-12-31): EPS=3.63 | Chg30d=-0.95% | Revisions=+29% | GrowthEPS=+57.4% | GrowthRev=+23.1%
EPS next Year (2027-12-31): EPS=3.32 | Chg30d=-0.14% | Revisions=+62% | GrowthEPS=-8.7% | GrowthRev=-8.0%
[Analyst] Revisions Ratio: +44% (up=10, down=3)