ChampionX Corp (NASDAQ:CHX)

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Price: 25.92 USD 0.5%

Market Cap: 4.9B USD

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Section:

Relative Value

The Relative Value of one CHX stock under the Base Case scenario is 38.63 USD. Compared to the current market price of 25.92 USD, ChampionX Corp is Undervalued by 33%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

CHX Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

1.3

P/S

vs History	49
vs Industry	48

Median 5Y

1.6

Industry

2.2

Forward

1.3

More Details

15.6

P/E

vs History	63
vs Industry	21

Median 5Y

24.1

Industry

16.6

Forward

14.2

More Details

8.9

P/OCF

vs History	60
vs Industry	14

Median 5Y

11.2

Industry

10.4

More Details

P/FCFE

vs History	73
vs Industry	17

Median 5Y

16.7

Industry

13.7

More Details

2.7

P/B

vs History	33
vs Industry	15

Median 5Y

2.8

Industry

1.6

More Details

1.4

EV/S

vs History	60
vs Industry	51

Median 5Y

1.7

Industry

3.2

Forward

1.4

More Details

4.4

EV/GP

vs History	85
vs Industry	43

Median 5Y

6.1

Industry

7.1

More Details

EV/EBITDA

vs History	80
vs Industry	18

Median 5Y

9.9

Industry

11.3

Forward

6.7

More Details

10.5

EV/EBIT

vs History	85
vs Industry	15

Median 5Y

17.5

Industry

13.2

Forward

9.7

More Details

9.3

EV/OCF

vs History	73
vs Industry	15

Median 5Y

12.9

Industry

11.1

More Details

12.2

EV/FCFF

vs History	71
vs Industry	12

Median 5Y

16.7

Industry

12.2

More Details

EV/IC

vs History	26
vs Industry	22

Median 5Y

1.9

Industry

1.5

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
US		ChampionX Corp NASDAQ:CHX	4.9B USD	1.3	15.6	7	10.5
US		Schlumberger NV NYSE:SLB	52.2B USD	1.4	11.7	6.9	9.6
US	B	Baker Hughes Co NASDAQ:BKR	39.6B USD	1.4	17.6	9.8	13.2
US		Halliburton Co NYSE:HAL	22.9B USD	1	9	5.5	7
LU		Tenaris SA MIL:TEN	19.9B EUR	1.6	7.8	5.2	6.4
UK		TechnipFMC PLC NYSE:FTI	12.2B USD	1.4	18.2	9.3	13.2
CN		CNOOC Energy Technology & Services Ltd SSE:600968	42.3B CNY	0.8	11.7	8.7	8.7
US		Nov Inc NYSE:NOV	5.5B USD	0.6	5.2	5.4	7.6
IT		Saipem SpA MIL:SPM	4.9B EUR	0.4	19	4.3	8.7
US		Weatherford International PLC NASDAQ:WFRD	4.9B USD	0.9	9.2	4.4	5.9
CN		Yantai Jereh Oilfield Services Group Co Ltd SZSE:002353	34B CNY	2.6	13.7	12.5	12.5

				Revenue Growth	P/S to Growth
US		ChampionX Corp NASDAQ:CHX	Average P/S: 1.2 1.3	11%	0.1
US		Schlumberger NV NYSE:SLB	1.4	23%	0.1
US	B	Baker Hughes Co NASDAQ:BKR	1.4	15%	0.1
US		Halliburton Co NYSE:HAL	1	7%	0.1
LU		Tenaris SA MIL:TEN	1.6	-17%	N/A
UK		TechnipFMC PLC NYSE:FTI	1.4	39%	0
CN		CNOOC Energy Technology & Services Ltd SSE:600968	0.8	39%	0
US		Nov Inc NYSE:NOV	0.6	10%	0.1
IT		Saipem SpA MIL:SPM	0.4	27%	0
US		Weatherford International PLC NASDAQ:WFRD	0.9	16%	0.1
CN		Yantai Jereh Oilfield Services Group Co Ltd SZSE:002353	2.6	35%	0.1

				Earnings Growth	P/E to Growth
US		ChampionX Corp NASDAQ:CHX	Average P/E: 12.6 15.6	44%	0.4
US		Schlumberger NV NYSE:SLB	11.7	37%	0.3
US	B	Baker Hughes Co NASDAQ:BKR	17.6	53%	0.3
US		Halliburton Co NYSE:HAL	9	17%	0.5
LU		Tenaris SA MIL:TEN	7.8	-40%	N/A
UK		TechnipFMC PLC NYSE:FTI	18.2	1 852%	0
CN		CNOOC Energy Technology & Services Ltd SSE:600968	11.7	54%	0.2
US		Nov Inc NYSE:NOV	5.2	-33%	N/A
IT		Saipem SpA MIL:SPM	19	248%	0.1
US		Weatherford International PLC NASDAQ:WFRD	9.2	45%	0.2
CN		Yantai Jereh Oilfield Services Group Co Ltd SZSE:002353	13.7	46%	0.3

				EBITDA Growth	EV/EBITDA to Growth
US		ChampionX Corp NASDAQ:CHX	Average EV/EBITDA: 7.2 7	14%	0.5
US		Schlumberger NV NYSE:SLB	6.9	34%	0.2
US	B	Baker Hughes Co NASDAQ:BKR	9.8	46%	0.2
US		Halliburton Co NYSE:HAL	5.5	9%	0.6
LU		Tenaris SA MIL:TEN	5.2	-38%	N/A
UK		TechnipFMC PLC NYSE:FTI	9.3	114%	0.1
CN		CNOOC Energy Technology & Services Ltd SSE:600968	8.7	103%	0.1
US		Nov Inc NYSE:NOV	5.4	35%	0.2
IT		Saipem SpA MIL:SPM	4.3	95%	0
US		Weatherford International PLC NASDAQ:WFRD	4.4	29%	0.2
CN		Yantai Jereh Oilfield Services Group Co Ltd SZSE:002353	12.5	80%	0.2

				EBIT Growth	EV/EBIT to Growth
US		ChampionX Corp NASDAQ:CHX	Average EV/EBIT: 9.4 10.5	23%	0.5
US		Schlumberger NV NYSE:SLB	9.6	43%	0.2
US	B	Baker Hughes Co NASDAQ:BKR	13.2	61%	0.2
US		Halliburton Co NYSE:HAL	7	9%	0.8
LU		Tenaris SA MIL:TEN	6.4	-44%	N/A
UK		TechnipFMC PLC NYSE:FTI	13.2	191%	0.1
CN		CNOOC Energy Technology & Services Ltd SSE:600968	8.7	47%	0.2
US		Nov Inc NYSE:NOV	7.6	50%	0.2
IT		Saipem SpA MIL:SPM	8.7	136%	0.1
US		Weatherford International PLC NASDAQ:WFRD	5.9	45%	0.1
CN		Yantai Jereh Oilfield Services Group Co Ltd SZSE:002353	12.5	62%	0.2

US	Johnson & Johnson NYSE:JNJ	Pharmaceuticals
US	Berkshire Hathaway Inc NYSE:BRK.A	Financial Services
US	Bank of America Corp NYSE:BAC	Banking
US	Mastercard Inc NYSE:MA	Technology
US	UnitedHealth Group Inc NYSE:UNH	Health Care
US	Exxon Mobil Corp NYSE:XOM	Energy
US	Pfizer Inc NYSE:PFE	Pharmaceuticals
US	Palantir Technologies Inc NYSE:PLTR	Technology
US	Nike Inc NYSE:NKE	Textiles, Apparel & Luxury Goods
US	Visa Inc NYSE:V	Technology
CN	Alibaba Group Holding Ltd NYSE:BABA	Retail
US	3M Co NYSE:MMM	Industrial Conglomerates
US	JPMorgan Chase & Co NYSE:JPM	Banking
US	Coca-Cola Co NYSE:KO	Beverages
US	Walmart Inc NYSE:WMT	Retail
US	Verizon Communications Inc NYSE:VZ	Telecommunication

	Franklin Covey Co NYSE:FC	36.225 USD -0.51%
	Mohawk Industries Inc NYSE:MHK	118.92 USD -0.2%
	Ardmore Shipping Corp NYSE:ASC	11.71 USD 3.54%
	ASGN Inc NYSE:ASGN	83.28 USD -0.7%
	Skyworks Solutions Inc NASDAQ:SWKS	89.34 USD 0.66%
	Weatherford International PLC NASDAQ:WFRD	67.72 USD 0.92%

	Johnson & Johnson NYSE:JNJ	143.4608 USD -0.7%
	Bank of America Corp NYSE:BAC	43.56 USD -1.38%
	Mastercard Inc NYSE:MA	523.7 USD -0.83%
	Salesforce Inc NYSE:CRM	340.3 USD -0.97%
	Abbvie Inc NYSE:ABBV	175.7 USD 0.07%
	Home Depot Inc NYSE:HD	389.095 USD -0.89%

	Arista Networks Inc NYSE:ANET	112.79 USD -0.02%
	Visa Inc NYSE:V	314.76 USD -0.93%
	Texas Pacific Land Corp NYSE:TPL	1 117.345 USD -1.39%
	KLA Corp NASDAQ:KLAC	637.68 USD 1.32%
	Manhattan Associates Inc NASDAQ:MANH	276.005 USD -1.52%
	Pinduoduo Inc NASDAQ:PDD	99.49 USD -0.02%

	Salesforce Inc NYSE:CRM	340.3 USD -0.97%
	Accenture PLC NYSE:ACN	356.47 USD -2.7%
	ServiceNow Inc NYSE:NOW	1 084.49 USD -0.62%
	EOG Resources Inc NYSE:EOG	119.22 USD 0.15%
	Copart Inc NASDAQ:CPRT	58.03 USD -0.33%
	Applied Materials Inc NASDAQ:AMAT	165.45 USD 1.14%

ChampionX Corp
NASDAQ:CHX

Relative Value

Valuation Multiples

Multiples Across Competitors

CHX Competitors Multiples
ChampionX Corp Competitors

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Company

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52 Week Range	25.79 39.34
Price Target

ChampionX Corp NASDAQ:CHX

Relative Value

Valuation Multiples

Multiples Across Competitors

CHX Competitors Multiples ChampionX Corp Competitors

See Also

Company

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ChampionX Corp
NASDAQ:CHX

CHX Competitors Multiples
ChampionX Corp Competitors