Shell plc (R6C) fair value: what the stock is really worth
We calculate from audited financials what Shell plc is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.
- Compare price with fair valuebelow fair value = cheap, above = expensive
- Check the quality50 and up solid, 75 and up strong
- Watch it or check another stockalert when fair value or trend changes
At a glance
A solid business, trading 31% below our fair value of €58.52.
As of Sep 2, 2026, the fair value of Shell plc is €58.52 per share against a price of €40.29, so the fair value sits 45% above the price. A model estimate from reported figures, not an analyst target.
Fair value as of: Sep 2, 2026
From 24 valuation models · updated 5 days ago
Fair value updated Sep 2, 2026, revised from €58.13 to €58.52 (+0.7%) since Aug 27, 2026. Share price +5.5% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
- A fairly wide model range (€41.05 to €74.06) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 2, 2026.
How to read this chart
60‑month range €15.36 – €41.04 · fair‑value band €41.05 – €74.06 · the €40.29 price screens below the €58.52 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 2, 2026.
Analysis
Shell plc (R6C) currently trades at €40.29, while our model-based Fair Value estimate is €58.52, implying the stock looks roughly 31.2% undervalued today. The Quality Score stands at 67/100 (solid quality), in the Energy sector. Bull case: the Growth DCF group reads highest at a median of €70.16 per share, and 19 of the 24 models we run sit above the €40.29 price. Bear case: the Dividend Discount group reads lowest at €15.88, and 5 of the 24 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, Shell plc generated revenue of €220B at a net margin of 2.1%. Revenue grew 36.4% year over year. It earns a return on equity of 3.1%. Net debt stands at €52.1B. Fundamentals as of Sep 2, 2026
Scenario range: €41.05 (bear) to €74.06 (bull), the price of €40.29 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target. For context, the median of 10 Energy peers we cover trades at −28% fair-value upside, at 45%, R6C screens cheaper than that median.
Fair Value models
Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →
All 24 models by family
Widest divergence: Growth DCF (€70.16) versus Dividend Discount (€15.88). Highest evidence: FCF DCF (80).
Notify me when R6C reaches fair value
Put R6C on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Sep 2, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 65 · Market factors (momentum, volatility) 66
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, Oil Products, Chemicals segments.
Full company description
Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, Oil Products, Chemicals segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles and marine vessels. In addition, it trades in and refines crude oil and other feed stocks, such as gasoline, diesel, heating oil, aviation fuel, marine fuel, biofuel, lubricants, bitumen, and sulphur; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1907 and is headquartered in The Hague, the Netherlands.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2017 – FY2021 · reported fiscal years
Shell plc reported revenue of $262B in FY2021 versus $305B in FY2017, a compound −3.8%/yr. Reported net income was $20.1B in FY2021, compounding +11.6%/yr from FY2017.
of which total revenue −4.0 % · buybacks/dilution −2.9 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
Watch R6C, get fair value alerts →
Peer Group
Oil & Gas Integrated · 53 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Oil & Gas Integrated median · lower = cheaper
What the price implies (reverse DCF)
The inverse question: what free-cash-flow growth must Shell plc deliver for ten years so that today's price is fair in our DCF model? Same formula, same discount rate as the fair value.
The price demands less growth than the company recently delivered: even a weaker business would justify the price. Ranking of the largest stocks →
Context: sector, industry, market
- Is the Energy sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Energy
- Undervalued stocks: German Stocks
- Valuation of the Germany market
Strength profile in five axes (Snowflake)
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Oil & Gas Integrated stocks, each showing price versus our Fair Value estimate (as of Sep 2, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Exxon Mobil Corporation XOM | $159.47 | $88.98 | −44% |
| Chevron Corporation CVX | $208.60 | $90.66 | −57% |
| PetroChina Company 601857 | ¥11.17 | ¥15.47 | +38% |
| TotalEnergies SE TOTB | €75.55 | €69.02 | −9% |
| Petróleo Brasileiro S.A XPBRA | €7.74 | €2.06 | −73% |
| China Petroleum & Chemical Corporation 600028 | ¥5.52 | ¥4.59 | −17% |
| Equinor ASA EQNR | kr 395.90 | kr 338.01 | −15% |
| Suncor Energy Inc SU | C$94.21 | C$59.11 | −37% |
| Eni S.p.A E | $55.12 | $32.53 | −41% |
| Imperial Oil Limited IMO | $130.51 | $94.61 | −28% |
Compare Shell plc with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Energy stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Shell plc (R6C) overvalued or undervalued?
What is the fair value of R6C?
What is the quality score of R6C?
What is the price target for Shell plc (R6C)?
What is the Shell plc stock forecast for 2026?
What is the revenue of Shell plc (R6C)?
What is the net profit margin of R6C?
Does Shell plc pay a dividend?
What growth is priced into Shell plc (R6C)?
What discount rate (WACC) does the fair value of R6C use?
Watch Shell plc in the live analysis
One click puts Shell plc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.