Want to find your lens? Five questions, no jargon — they tell you which of four reads fits how you already think.
Cheap — but check the trap first.
It looks undervalued, but something is deteriorating. Cheap for a reason, or a real bargain?
Price against fair value
Free cash flow — 10-year history ($B)
What the math is really telling you. Watch whether cash flow is compounding — that, more than any single year, is what a value read hangs on.
The read — lights & verdict
- GoodUndervaluedFair value ~$105 vs $62 — a margin of safety of 69%.
- WarningPrice assumes a big accelerationYou'd need ~-1%/yr free-cash-flow growth to justify today's price; it has done -30.7%/yr lately.
- WarningRevenue shrinkingDown 5.0% last year — cheap may mean broken.
- CautionCash flow flat-to-downFree cash flow ~-30.7%/yr — big, but not compounding. The crux for a value buyer.
- CautionManageable net debtNet debt of $20B — about 3.1× annual free cash flow. Normal for a mature company.
How this was built. Every figure is computed from Occidental Petroleum Corporation's SEC filings — no estimates, no AI. Two-stage DCF: 9% discount rate, 5% free-cash-flow growth for 10 years, 2.5% terminal. Free cash flow is operating cash flow less capital spending. Fair value is based on typical free cash flow over the last five years ($6.6B), not the latest year ($4.1B), which sat 38% below the company's own norm. Net cash is cash and marketable securities less borrowings, commercial paper and finance leases; operating leases are disclosed but never counted as debt. We subtract net debt from the value of the business — for Occidental Petroleum that is about $20B, or $20 per share. Fundamentals are from the FY25 annual report and change only when a new one is filed. Price of $62.38 taken 2026-10-17 (Google Finance, manual entry, 2026-10-17) — it is not live and does not move during the day.
TickerMath is an educational tool, not investment advice — it computes one model from SEC filings and can be wrong. How we compute this →