Esso Societe Anonyme Francaise (NAE) AI Stock Analysis

• Market Cap: €498.50M
• Dividend Yield: 6.89%
• Average Volume (3M): 28.05K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.65
• Revenue Growth: -21.92%
• EPS Growth: -117.88%
• Country: FR
• Employees: 1,198
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): N/A
• Shares Outstanding: 12,854,578
• 10 Day Avg. Volume: 10,687
• 30 Day Avg. Volume: 28,048
• PEG Ratio: -0.16
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 0.08
• P/FCF Ratio: 2.15
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: €49.00
• Action: Reiterated Date: 11/25/25
• Date: Action: Reiterated 11/25/25

Esso Societe Anonyme Francaise's stock score is driven by its recovery in financial performance and positive technical indicators. However, challenges in revenue growth and a negative P/E ratio weigh on the overall score. The high dividend yield provides some support, but the absence of earnings call insights limits further analysis.

Positive Factors

Strong Balance Sheet

A healthy equity ratio and low leverage reduce financial distress risk and provide durable financing flexibility. This supports capex, dividend policy, and weathering commodity cycles, enabling strategic investments and optionality over the next several quarters.

Improving Cash Generation

Material improvements in free cash flow and strong operating cash flow versus earnings enhance the firm's capacity to fund operations, repay liabilities, and invest in maintenance/refining assets. This bolsters long-term financial resilience and capital allocation choices.

Return to Profitability and Margin Recovery

Recovering margins and a return to profitability indicate better cost control and/or pricing power. Sustained margin improvement supports higher retained earnings, improved ROE, and a stronger ability to absorb cyclical downturns over multiple quarters.

Negative Factors

Declining Revenue Trend

A pronounced multi-period revenue decline undermines scale economics and may pressure long-term margins. If top-line contraction continues, fixed-cost absorption and retail network profitability could weaken, constraining sustainable growth and reinvestment capacity.

Cash Flow Volatility and Historical Negative Flows

Historic negative cash flows and ongoing volatility complicate capital planning and raise the likelihood of ad hoc financing or deferred maintenance. Persistent cash variability can force trade-offs between dividends, capex, and debt reduction over the medium term.

Structural Commodity and Regulatory Exposure

The business remains structurally exposed to crude price swings and evolving energy/regulatory policies. These factors can materially affect margins, refining economics and capital allocation, requiring sustained hedging, compliance costs, and strategic shifts in product mix.

Esso Societe Anonyme Francaise Business Overview & Revenue Model

Company Description

Esso S.A.F. refines, distributes, and markets refined petroleum products in France and internationally. The company's refining products include gas, gasoline, fuels and combustibles, and bitumens; petrochemical products, such as steam cracking, intermediate products, polyethylene, polypropylene, Escorez, additives for petroleum products, and Vistalon. It also manufactures and sells base oils, finished lubricants, white oils, and paraffins. In addition, the company operates a network of service stations under the Esso and Esso Express brands, as well as provides greases. It offers fuels under the Esso brand name and lubricants under the Mobil brand. The company markets its products through a network of authorized distributors, resellers, and directly to industrial accounts. Esso S.A.F. was founded in 1902 and is headquartered in Nanterre, France. Esso S.A.F. is a subsidiary of ExxonMobil France Holding S.A.S.

How the Company Makes Money

Esso Societe Anonyme Francaise Financial Statement Overview

Summary

Esso Societe Anonyme Francaise shows a recovery in profitability and cash flow generation, with a strong balance sheet and low leverage. However, declining revenue and historical volatility pose challenges for sustained growth.

Income Statement

The company's gross profit margin and net profit margin have shown improvement over the years, indicating a return to profitability after past losses. However, revenue has been declining from its peak in 2022, which is a concern. EBIT and EBITDA margins indicate moderate operational efficiency, but the decreasing revenue trend necessitates attention.

Balance Sheet

The balance sheet shows a strong equity position with a low debt-to-equity ratio, indicating financial stability. The return on equity has improved as the company returned to profitability. The equity ratio is healthy, suggesting a significant proportion of assets are financed by equity, reducing financial risk.

Cash Flow

The company has shown significant free cash flow improvements, particularly in the latest year, which is a positive sign. Operating cash flow is strong relative to net income, but the year-on-year volatility and past negative cash flows highlight potential cash management challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.78B	17.94B	19.24B	24.94B	15.28B	10.38B
Gross Profit	-161.80M	372.30M	1.16B	1.26B	814.30M	-462.40M
EBITDA	-67.40M	211.50M	787.10M	1.10B	771.40M	-697.80M
Net Income	-94.20M	106.50M	676.50M	719.20M	572.90M	-739.90M
Balance Sheet
Total Assets	4.23B	4.52B	4.74B	4.68B	4.11B	2.86B
Cash, Cash Equivalents and Short-Term Investments	1.31B	1.50B	1.05B	0.00	411.00M	9.20M
Total Debt	16.20M	16.50M	40.30M	774.10M	40.50M	33.20M
Total Liabilities	2.75B	2.27B	2.40B	2.90B	3.30B	2.69B
Stockholders Equity	1.48B	2.25B	2.34B	1.78B	813.70M	169.60M
Cash Flow
Free Cash Flow	119.20M	649.10M	1.79B	-1.13B	410.20M	-453.90M
Operating Cash Flow	236.40M	649.10M	1.85B	-1.09B	441.00M	-416.30M
Investing Cash Flow	3.20M	21.10M	-53.10M	-33.30M	-28.10M	-34.80M
Financing Cash Flow	-58.80M	-212.40M	-754.10M	712.30M	-10.90M	-15.00M

Esso Societe Anonyme Francaise Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%