Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM P/E Multiple | 25.7x - 28.4x | 27.0x |
| Selected Fwd P/E Multiple | 18.8x - 20.8x | 19.8x |
| Fair Value | €146.70 - €162.14 | €154.42 |
| Upside | -15.3% - -6.4% | -10.8% |
| Benchmarks | - | Full Ticker |
| Evonik Industries AG | - | DB:EVK |
| BASF SE | - | DB:BAS |
| DSM-Firmenich AG | - | ENXTAM:DSFIR |
| Umicore SA | - | DB:NVJP |
| LANXESS Aktiengesellschaft | - | DB:LXS |
| L'Air Liquide S.A. | - | ENXTPA:AI |
| - | - | - |
| Select Price / LTM EPS Ratio | ||||||||
| Benchmark Companies | ||||||||
| EVK | BAS | DSFIR | NVJP | LXS | AI | |||
| DB:EVK | DB:BAS | ENXTAM:DSFIR | DB:NVJP | DB:LXS | ENXTPA:AI | |||
| Historical Net Income Growth | ||||||||
| 5Y CAGR | -21.7% | -12.1% | -18.0% | NM- | NM- | 8.1% | ||
| 3Y CAGR | -33.3% | -38.4% | -32.7% | NM- | NM- | 8.7% | ||
| Latest Twelve Months | 147.7% | 476.9% | 138.0% | -484.3% | 79.0% | 7.4% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | 3.6% | 2.3% | 14.9% | -0.1% | 5.2% | 11.4% | ||
| Prior Fiscal Year | -3.0% | 0.3% | -6.2% | 2.1% | -12.6% | 11.1% | ||
| Latest Fiscal Year | 1.5% | 2.0% | 2.0% | -10.0% | -2.8% | 12.2% | ||
| Latest Twelve Months | 1.5% | 2.0% | 2.0% | -10.0% | -2.8% | 12.2% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | 6.7x | 8.3x | 16.1x | -43.4x | 7.1x | 15.2x | ||
| Price / LTM Sales | 0.6x | 0.6x | 1.8x | 0.1x | 0.3x | 3.7x | ||
| LTM P/E Ratio | 38.6x | 28.5x | 94.2x | -1.3x | -11.2x | 30.2x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/E Ratio | -11.2x | 28.5x | 94.2x | |||||
| Historical LTM P/E Ratio | 25.6x | 28.0x | 30.2x | |||||
| Selected P/E Multiple | 25.7x | 27.0x | 28.4x | |||||
| (x) LTM Net Income | 3,306 | 3,306 | 3,306 | |||||
| (=) Equity Value | 84,900 | 89,368 | 93,837 | |||||
| (/) Shares Outstanding | 576.1 | 576.1 | 576.1 | |||||
| Implied Value Range | 147.37 | 155.12 | 162.88 | |||||
| FX Rate: EUR/EUR | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 147.37 | 155.12 | 162.88 | 173.20 | ||||
| Upside / (Downside) | -14.9% | -10.4% | -6.0% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | EVK | BAS | DSFIR | NVJP | LXS | AI | |
| Value of Common Equity | 8,661 | 37,040 | 23,552 | 1,965 | 2,000 | 99,783 | |
| (/) Shares Outstanding | 466.0 | 892.5 | 264.3 | 240.5 | 86.3 | 576.1 | |
| Implied Stock Price | 18.59 | 41.50 | 89.12 | 8.17 | 23.16 | 173.20 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 18.59 | 41.50 | 89.12 | 8.17 | 23.16 | 173.20 | |
| Trading Currency | EUR | EUR | EUR | EUR | EUR | EUR | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |