Total operates as an oil and gas company worldwide. The company operates through three segments: Upstream, Refining & Chemicals, and Marketing & Services. The company was founded in 1924 and is based in Paris, France.
TOT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for TOT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Total Se ranked in the 81th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 743.5%. The most interesting components of our discounted cash flow analysis for Total Se ended up being:
The company has produced more trailing twelve month cash flow than 97.17% of its sector Energy.
Total Se's weighted average cost of capital (WACC) is 6%; for context, that number is higher than only 3.49% of tickers in our DCF set.
TOT's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than only 3.49% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SGU, TTI, SUN, LBRT, and PUMP can be thought of as valuation peers to TOT, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
Within the framework of its net zero strategy, Total (Paris:FP) (LSE:TTA) (NYSE:TOT) will convert its Grandpuits refinery (Seine-et-Marne) into a zero-crude platform. Operations at service stations and airports in the Greater Paris region will not be affected: they will be supplied by the refineries at Donges—currently undergoing a €450 million modernization—and Normandy. This decision to end its oil refining comes in the wake of an audit conducted over several months on the 260-kilometer Ile-de-France pipeline (PLIF), which carries crude oil from the Port of Le Havre to the Grandpuits refinery.
Total ([[TOT]] -3%) will present a conversion project for the 93K bbl/day Grandpuits refinery near Paris this week, Argus reports, suggesting the company has decided to end conventional refining at the site.Total suggested earlier this year that the refinery could be converted to produce hydro-treated vegetable oil, similar to its...
Total ([[TOT]] -1.7%) CEO Patrick Pouyanné and Mozambique president Nyusi met recently to discuss an intensifying Islamic State-linked insurgency where the company is building a massive natural gas project, Bloomberg reports.Violence is creeping toward Total's $20B Mozambique LNG project in the country's far northeast, as militants occupy a town 37...