ExxonMobil's Valuation Remains Premium: Are Investors Overpaying?

Key Takeaways Exxon Mobil Corporation (XOM) is trading at a 6.47x trailing 12-month Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization (EV/EBITDA), which is at a premium compared with the broader industry average of 4.05x. Image Source: Zacks Investment Research Although it seems that investors are willing to pay a premium for the stock, the billion-dollar question is: Is it justified to overpay for the stock? Let's delve into XOM's fundamentals and overall business environme ...