` Comparison: PBF vs VLO - Alpha Spread

PBF
vs
VLO

Over the past 12 months, PBF has outperformed VLO, delivering a return of +107% compared to the VLO's +83% growth.

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PBF
VLO
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Valuation Comparison

PBF Intrinsic Value
82.5 USD
Undervaluation 48%
Intrinsic Value
Price
VLO Intrinsic Value
231.3 USD
Overvaluation 2%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
PBF Energy Inc
NYSE:PBF
42.92 USD
Valero Energy Corp
NYSE:VLO
235.81 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
PBF, VLO

PBF
VLO
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
PBF Energy Inc
Revenue
Valero Energy Corp
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
PBF, VLO

PBF
VLO
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
PBF Energy Inc
NYSE:PBF
Valero Energy Corp
NYSE:VLO
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What is Free Cash Flow?

Gross Margin

PBF
9.2%
VLO
4.4%
LTM 3Y Avg 5Y Avg 10Y Avg
PBF Energy Inc
Valero Energy Corp

Operating Margin

PBF
-3%
VLO
3.5%
LTM 3Y Avg 5Y Avg 10Y Avg
PBF Energy Inc
Valero Energy Corp

Net Margin

PBF
-0.5%
VLO
1.9%
LTM 3Y Avg 5Y Avg 10Y Avg
PBF Energy Inc
Valero Energy Corp

FCF Margin

PBF
-4.2%
VLO
4.1%
LTM 3Y Avg 5Y Avg 10Y Avg
PBF Energy Inc
Valero Energy Corp

ROE

PBF
-2.9%
VLO
9.7%
LTM 3Y Avg 5Y Avg 10Y Avg
PBF Energy Inc
Valero Energy Corp

ROA

PBF
-1.2%
VLO
4%
LTM 3Y Avg 5Y Avg 10Y Avg
PBF Energy Inc
Valero Energy Corp

ROIC

PBF
-5.3%
VLO
7.4%
LTM 3Y Avg 5Y Avg 10Y Avg
PBF Energy Inc
Valero Energy Corp

ROCE

PBF
-9.6%
VLO
9.7%
LTM 3Y Avg 5Y Avg 10Y Avg
PBF Energy Inc
Valero Energy Corp

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
PBF, VLO

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Performance Gap
PBF, VLO

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PBF
VLO
Difference
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Performance By Year
PBF, VLO

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PBF
VLO
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett