EN DE
STOCK COMPARISON

Saudi Aramco vs Exxon Mobil: Fair Value & Quality

Both stocks run through our valuation models. Here is how Saudi Aramco (2222) and Exxon Mobil (XOM) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees Saudi Aramco as the less overvalued of the two: Saudi Aramco trades at SAR 25.96 versus a fair value of SAR 20.14 (-22%), while Exxon Mobil trades at $162 versus $88.98 (-45%).
Saudi Aramco
2222.SR · SAR · Energy
-22%
upside to fair value
overvalued
PriceSAR 25.96
Fair ValueSAR 20.14
Quality74/100
Exxon Mobil
XOM · USD · Energy
-45%
upside to fair value
overvalued
Price$162
Fair Value$88.98
Quality56/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Saudi AramcoExxon Mobil
Valuation
16.9×P/E (TTM)24.6×
0.99×P/S (TTM)1.86×
1.13×P/B2.34×
1.9×EV/EBITDA11.3×
4.27×PEG1.20×
−22.4%Fair value upside−45.1%
5.2%Dividend yield2.5%
SAR 1.34Dividend per share$4.04
Profitability
48%Operating margin6%
0.99×EBIT margin trend (5Y)—
22%Return on equity10%
19%Return on assets4%
Growth
9%Revenue growth (YoY)3%
-9.7%Avg. growth/yr (3Y)-6.7%
14.2%Avg. growth/yr (5Y)12.6%
+6.2%Value creation/yr+11.4%
Balance & size
66.7×Interest coverage (EBIT/interest)56.3×
0.14×Debt / equity0.13×
$1.7TMarket cap$606B
weakGrowth qualityweak

Saudi Aramco leads: 10 to 4 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Saudi Aramcoof which business quality 70 · market factors 65 Exxon Mobilof which business quality 57 · market factors 76
ProfitabilityMargins and returns on capital today
70
43
Quality GrowthAre margins and returns improving?
26
33
CashflowEarnings quality: real cash, not paper profit
72
51
Fin. StrengthBalance sheet, leverage, solvency risk
82
77
InvestmentDisciplined investing over empire-building
80
60
Low VolatilityCalm price path (market factor)
100
88
MomentumPrice trend over the last 3–12 months (market factor)
47
62
52W MomentumDistance to the 52-week high (market factor)
59
85
Net IssuanceBuybacks instead of dilution
82
77

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familySaudi AramcoPrice SAR 25.96Exxon MobilPrice $162
DCF Models-24%below the priceSAR 19.80-49%below the price$83.38
Earnings-Based-27%below the priceSAR 18.95-53%below the price$76.97
Dividend Discount-26%below the priceSAR 19.16n/a
Multiples-40%below the priceSAR 15.62-44%below the price$90.93
Asset-Based-84%below the priceSAR 4.13-74%below the price$41.93
Growth DCF-36%below the priceSAR 16.60-47%below the price$86.16
Economic Profit-40%below the priceSAR 15.52-61%below the price$62.60
Growth Earnings-37%below the priceSAR 16.30-52%below the price$77.86
Minimum-84%below the priceSAR 4.13-74%below the price$41.93
Maximum-24%below the priceSAR 19.80-44%below the price$90.93
Median-37%below the priceSAR 16.45-52%below the price$77.86
Geometric mean-44%below the priceSAR 14.49-55%below the price$72.25

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Saudi Aramco: 24 of 25 models see the stock below the current price.

Exxon Mobil: 22 of 22 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Saudi Aramco
Bear SAR 14.17Fair Value SAR 20.14Bull SAR 25.18
SAR 25.96 = current price (white tick)
Exxon Mobil
Bear $59.15Fair Value $88.98Bull $117
$162 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Saudi Aramco · Energy

Quality score74 · Top 25%
Fair value upside-22% · above median

Exxon Mobil · Energy

Quality score56 · above median
Fair value upside-45% · below median

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees Saudi Aramco as the less overvalued of the two: Saudi Aramco trades at SAR 25.96 versus a fair value of SAR 20.14 (-22%), while Exxon Mobil trades at $162 versus $88.98 (-45%).

Saudi Aramco has the higher quality score (74/100).

See the full analysis →
Saudi Aramco · Exxon Mobil

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Related to Saudi Aramco

Alphabet Inc Class C vs Verizon CommunicationsAlphabet Inc Class C vs At&tAlphabet Inc Class C vs NetEaseAmazon.com vs PDD Holdings

Related to Exxon Mobil

Amazon.com vs Sony GroupMeta Platforms vs Verizon CommunicationsMeta Platforms vs At&tMeta Platforms vs NetEase
Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.