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 | 12.5x - 13.8x | 13.2x |
| Selected Fwd P/E Multiple | 9.4x - 10.4x | 9.9x |
| Fair Value | €18.90 - €20.88 | €19.89 |
| Upside | 3.3% - 14.2% | 8.7% |
| Benchmarks | - | Full Ticker |
| Evonik Industries AG | - | DB:EVK |
| Umicore SA | - | DB:NVJP |
| Tessenderlo Group NV | - | ENXTBR:TESB |
| K+S Aktiengesellschaft | - | DB:SDF |
| Wacker Chemie AG | - | DB:WCH |
| Kemira Oyj | - | HLSE:KEMIRA |
| - | - | - |
| Select Price / LTM EPS Ratio | ||||||||
| Benchmark Companies | ||||||||
| EVK | NVJP | TESB | SDF | WCH | KEMIRA | |||
| DB:EVK | DB:NVJP | ENXTBR:TESB | DB:SDF | DB:WCH | HLSE:KEMIRA | |||
| Historical Net Income Growth | ||||||||
| 5Y CAGR | -21.7% | NM- | -14.9% | NM- | NM- | 17.7% | ||
| 3Y CAGR | -33.3% | NM- | -38.9% | NM- | -33.2% | 32.1% | ||
| Latest Twelve Months | 147.7% | -484.3% | -60.9% | -131.8% | -23.2% | 25.3% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | 3.6% | -0.1% | 6.3% | 7.6% | 5.9% | 6.0% | ||
| Prior Fiscal Year | -3.0% | 2.1% | 3.7% | 5.4% | 4.9% | 5.9% | ||
| Latest Fiscal Year | 1.5% | -10.0% | 1.6% | -1.8% | 4.2% | 8.5% | ||
| Latest Twelve Months | 1.5% | -10.0% | 1.6% | -1.8% | 4.2% | 8.5% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | 6.5x | -41.7x | 5.1x | 5.1x | 4.2x | 5.6x | ||
| Price / LTM Sales | 0.5x | 0.1x | 0.5x | 0.6x | 0.5x | 1.0x | ||
| LTM P/E Ratio | 37.2x | -1.3x | 31.0x | -32.7x | 12.4x | 11.4x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/E Ratio | -32.7x | 12.4x | 37.2x | |||||
| Historical LTM P/E Ratio | 8.1x | 14.5x | 17.0x | |||||
| Selected P/E Multiple | 12.5x | 13.2x | 13.8x | |||||
| (x) LTM Net Income | 249 | 249 | 249 | |||||
| (=) Equity Value | 3,118 | 3,282 | 3,446 | |||||
| (/) Shares Outstanding | 154.4 | 154.4 | 154.4 | |||||
| Implied Value Range | 20.19 | 21.25 | 22.32 | |||||
| FX Rate: EUR/EUR | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 20.19 | 21.25 | 22.32 | 18.29 | ||||
| Upside / (Downside) | 10.4% | 16.2% | 22.0% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | EVK | NVJP | TESB | SDF | WCH | KEMIRA | |
| Value of Common Equity | 8,556 | 1,954 | 1,340 | 2,203 | 3,055 | 2,825 | |
| (/) Shares Outstanding | 466.0 | 240.5 | 60.5 | 179.1 | 49.7 | 154.4 | |
| Implied Stock Price | 18.36 | 8.13 | 22.15 | 12.30 | 61.50 | 18.29 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 18.36 | 8.13 | 22.15 | 12.30 | 61.50 | 18.29 | |
| 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 | |