Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) (SHEL)

FairStock Score: 79/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Shell as an integrated energy major, not a bond. It explores, produces, liquefies and markets hydrocarbons and chemicals, with scale across Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions. That scale and integration can lower costs and create a modest durable advantage, but commodity prices still drive results. The latest reported 2026 second quarter showed revenue of $94.7B, net income of $10.8B, and an 11.43% margin. FairStock's trailing figures show $31.5B in free cash flow, a 12.7% FCF yield, ROE of 14.34%, ROCE of 6.40%, and debt-to-equity of 0.40. A Piotroski F-Score of 9/9 and Altman Z-Score of 1.84 tell me the balance sheet is not fragile but not fortress-like. At the 2026-10-13 close of $102.99, FairStock calculates P/E of 11.39, P/B of 1.59, EV/EBITDA of 4.29, PEG of 0.06, and dividend yield of 3.31%. The Graham Number is $81.45, so the margin of safety is -26.45%; I am not buying assets below intrinsic value on that old measure. Yet earnings and cash flow make the price look fair-to-cheap. Beta of -0.22 and a 52-week range of $68.63-$103.09 suggest the market already recognizes much of the recovery. FairStock cannot assign a Lynch category because only 0 years of filed results are available, and its rule needs 3. I would watch capital discipline, commodity prices, and whether cash returns persist.

In plain English: Shell is a large energy and petrochemical company that produces oil, natural gas, liquefied natural gas, fuels, and chemicals worldwide. The business looks financially strong: it generates large profits and cash, carries moderate debt, and earns a solid profit on shareholder money. At the 2026-10-13 close, the shares look reasonably priced against earnings and cash flow, though they trade above a simple asset-based value measure.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer