JPM
JPMorgan Chase & Co.
JPM's fundamentals are strong, but it looks expensive: trading at 14x earnings, above its usual 12x. Analysts expect earnings growth.
VAI
Valor Energy Inc.
There isn't enough reported data to score VAI yet.
JPM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
JPM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like JPM.
VAI Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| N/A | |
| N/A |
VAI's revenue and profitability are currently weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like VAI.
JPM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $231 | -33% |
| Fair | 12x | $287 | -16% |
| Current | 14x | $343 | — |
| Forward | 14x | $343 | — |
| Expensive | 15x | $361 | +5.2% |
Historical ranges are pointers, not guarantees.
JPM's PE is in its expensive range at 14.4x. If earnings grow as analysts expect, today's price would be 13.7x next year's earnings.
VAI PE Valuation
VAI has no meaningful PE right now: it lost money over the past year.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for JPM, with profitability improving.
VAI Forward outlook
There aren't enough analyst estimates for VAI to show an outlook.
JPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $24.99 | +4.8% |
| Q3 2026 | $23.85 | +18% |
| Q2 2026 | $23.35 | +20% |
| Q1 2026 | $20.89 | +2.5% |
| Q4 2025 | $20.02 | +1.4% |
| Q3 2025 | $20.20 | +12% |
| Q2 2025 | $19.50 | +8.7% |
| Q1 2025 | $20.38 | +23% |
| Q4 2024 | $19.75 | +22% |
JPM has the edge over VAI on earnings quality, reporting a profit while its opponent remains loss making.
VAI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$8.23 | -$5.18 |
| Q1 2026 | -$1.97 | +$1.53 |
| Q4 2025 | -$3.16 | +$0.04 |
| Q3 2025 | -$2.78 | +$0.92 |
| Q2 2025 | -$3.05 | +$1.15 |
| Q1 2025 | -$3.50 | +$0.60 |
| Q4 2024 | -$3.20 | +$1.50 |
| Q3 2024 | -$3.70 | +$1.30 |
VAI is still losing money, but far less than before: $8.23 per share over the past year, against $45.55 at its worst in late 2020.
JPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $50.2B | +8.1% |
| Q2 2026 | $57.3B | +28% |
| Q1 2026 | $49.8B | +10% |
| Q4 2025 | $45.8B | +7.1% |
| Q3 2025 | $46.4B | +8.8% |
| Q2 2025 | $44.9B | -11% |
| Q1 2025 | $45.3B | +8.1% |
| Q4 2024 | $42.8B | +11% |
JPM has the edge over VAI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 40% | -0.2 points |
| Q2 2026 | 48% | +7.3 points |
| Q1 2026 | 41% | +0.5 points |
| Q4 2025 | 37% | -3.2 points |
| Q3 2025 | 40% | +0.6 points |
| Q2 2025 | 41% | -6 points |
| Q1 2025 | 41% | -0.6 points |
| Q4 2024 | 41% | +11 points |
JPM has the edge over VAI on profitability, with a higher operating margin.
VAI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $360.9K | -58% |
| Q1 2026 | $326.5K | -61% |
| Q4 2025 | $358.7K | -61% |
| Q3 2025 | $936.3K | +26% |
| Q2 2025 | $860.1K | -23% |
| Q1 2025 | $844.3K | -34% |
| Q4 2024 | $919.8K | -43% |
| Q3 2024 | $745.9K | -59% |
VAI's revenue has slid since its 2019 peak: $360,889 last quarter, down 58% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -175% | -104 points |
| Q1 2026 | -224% | -14 points |
| Q4 2025 | -306% | -229 points |
| Q3 2025 | -81% | +1.6 points |
| Q2 2025 | -71% | -0.4 points |
| Q1 2025 | -210% | -86 points |
| Q4 2024 | -77% | -10 points |
| Q3 2024 | -83% | -12 points |
VAI's operating margin was −175% last quarter, down 104 points from the same quarter a year ago.
JPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $33.2B | +$78.4B |
| Q2 2026 | -$25.3B | -186% |
| Q1 2026 | -$211.8B | +$40.1B |
| Q4 2025 | $119.7B | -19% |
| Q3 2025 | -$45.2B | +$28.9B |
| Q2 2025 | $29.5B | -23% |
| Q1 2025 | -$251.8B | -$97.7B |
| Q4 2024 | $147.8B | +145% |
VAI has the stronger cash trend. Its trailing FCF is up 89% versus its history, compared with JPM at down 229%.
VAI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2025 | -$48.1K | +$227.7K |
| Q4 2024 | $355.7K | +$474.5K |
| Q3 2024 | $175.6K | +$270.6K |
| Q2 2024 | $15.6K | +$190.4K |
| Q1 2024 | -$275.8K | -174% |
| Q4 2023 | -$118.8K | +$1.4M |
| Q3 2023 | -$95K | -$91.7K |
| Q2 2023 | -$174.8K | -134% |
VAI's free cash flow was −$460,400 over the past year, against −$474,067 the year before. Free cash flow isn't a meaningful measure for financial services companies like VAI.
JPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -11.2M shares |
| 1 year | -3.1% | -84.6M shares |
| 3 years | -8.5% | -249M shares |
| 5 years | -11% | -322M shares |
| Available history | -17% | -547M shares |
JPM has the edge over VAI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.1B |
| Q2 2026 | $6.8B |
| Q1 2026 | $8.3B |
| Q4 2025 | $8.3B |
| Q3 2025 | $8.3B |
| Q2 2025 | $7.5B |
| Q1 2025 | $7.5B |
| Q4 2024 | $4.3B |
JPM spent $24.5B buying back its own shares over the past year, down 11% from the year before.
VAI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +43% | +1.5M shares |
| 1 year | +385% | +4.1M shares |
| 3 years | +610% | +4.4M shares |
| 5 years | +1065% | +4.7M shares |
| Available history | +1709% | +4.8M shares |
VAI has 5M diluted shares, up 385% from a year ago.
JPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.4x | Very low |
JPM's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like JPM.
VAI Net Leverage
JPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 31.5 | Neutral |
JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).
VAI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.0 | Neutral |
| Stochastic | 53.0 | Neutral |
VAI's weekly RSI is 58 (neutral) and its Stochastic is 53 (neutral).
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM is trading at 14x earnings, a 10% premium to the Financial Services sector's median of 13x.
VAI PE vs Financial Services Sector
VAI has no meaningful PE right now: it lost money over the past year.
JPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $336.8 | 1.8% above |
| 20 week MA | $345.3 | 0.7% below |
| 50 week MA | $323.2 | 6.1% above |
| 100 week MA | $298.9 | 15% above |
| 200 week MA | $236.6 | 45% above |
JPM has the edge over VAI on trend strength, trading above more of its moving averages.
VAI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.28 | 2.6% below |
| 20 week MA | $1.89 | 17% above |
| 50 week MA | $1.51 | 47% above |
| 100 week MA | $3.62 | 39% below |
| 200 week MA | $5.64 | 61% below |
VAI's trend is mixed: it's above two of its five weekly moving averages, and 61% below its 200-week average.
JPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $139.1 | $124.5 | -11% |
| 2021 | $124.5 | $157.3 | +26% |
| 2022 | $157.3 | $131.3 | -17% |
| 2023 | $131.3 | $170.1 | +30% |
| 2024 | $170.1 | $241.2 | +42% |
| 2025 | $241.2 | $327.9 | +36% |
| 2026 YTD | $327.9 | $342.8 | +4.5% |
JPM has finished higher in four of the last six years. It's up 4.5% so far in 2026.
VAI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $64.0 | $104.0 | +63% |
| 2021 | $104.0 | $41.5 | -60% |
| 2022 | $41.5 | $9.20 | -78% |
| 2023 | $9.20 | $4.10 | -55% |
| 2024 | $4.10 | $9.80 | +139% |
| 2025 | $9.80 | $1.10 | -89% |
| 2026 YTD | $1.10 | $2.22 | +102% |
VAI has the edge over JPM on returns for 2026, with the stronger performance.