Financials BASF SE

Equities

BAS

DE000BASF111

Diversified Chemicals

Market Closed - Xetra 11:41:35 2024-04-23 am EDT Pre-market 01:32:01 am
51.08 EUR -0.06% Intraday chart for BASF SE 51.38 +0.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 61,860 59,444 56,744 41,497 43,537 45,590 - -
Enterprise Value (EV) 1 77,366 74,121 71,096 57,765 60,127 64,361 65,762 65,588
P/E ratio 7.34 x -56.3 x 10.3 x -66.3 x 195 x 17.9 x 13.1 x 11.6 x
Yield 4.9% 5.1% 5.5% 7.33% 6.97% 6.58% 6.65% 6.75%
Capitalization / Revenue 1.04 x 1 x 0.72 x 0.48 x 0.63 x 0.65 x 0.62 x 0.6 x
EV / Revenue 1.3 x 1.25 x 0.9 x 0.66 x 0.87 x 0.92 x 0.9 x 0.87 x
EV / EBITDA 9.42 x 9.97 x 6.27 x 5.37 x 7.84 x 7.85 x 6.98 x 6.5 x
EV / FCF 21.2 x 32.5 x 19.1 x 17.3 x 22.3 x 93.2 x 29.1 x 18.2 x
FCF Yield 4.72% 3.08% 5.22% 5.77% 4.49% 1.07% 3.44% 5.5%
Price to Book 1.49 x 1.76 x 1.39 x 1.05 x 1.23 x 1.3 x 1.29 x 1.28 x
Nbr of stocks (in thousands) 918,479 918,479 918,479 894,516 892,522 892,522 - -
Reference price 2 67.35 64.72 61.78 46.39 48.78 51.08 51.08 51.08
Announcement Date 2/28/20 2/26/21 2/25/22 2/24/23 2/23/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 59,316 59,149 78,598 87,327 68,902 69,634 72,957 75,810
EBITDA 1 8,217 7,435 11,348 10,762 7,671 8,203 9,425 10,087
EBIT 1 4,536 3,560 7,768 6,878 3,806 4,220 5,229 5,760
Operating Margin 7.65% 6.02% 9.88% 7.88% 5.52% 6.06% 7.17% 7.6%
Earnings before Tax (EBT) 1 3,302 -1,562 7,448 1,190 1,420 3,498 4,669 5,268
Net income 1 8,421 -1,060 5,523 -627 225 2,617 3,562 3,984
Net margin 14.2% -1.79% 7.03% -0.72% 0.33% 3.76% 4.88% 5.26%
EPS 2 9.170 -1.150 6.010 -0.7000 0.2500 2.858 3.899 4.408
Free Cash Flow 1 3,650 2,284 3,713 3,333 2,700 690.5 2,263 3,609
FCF margin 6.15% 3.86% 4.72% 3.82% 3.92% 0.99% 3.1% 4.76%
FCF Conversion (EBITDA) 44.42% 30.72% 32.72% 30.97% 35.2% 8.42% 24.01% 35.78%
FCF Conversion (Net income) 43.34% - 67.23% - 1,200% 26.39% 63.53% 90.58%
Dividend per Share 2 3.300 3.300 3.400 3.400 3.400 3.361 3.394 3.450
Announcement Date 2/28/20 2/26/21 2/25/22 2/24/23 2/23/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 19,669 19,776 23,083 22,974 21,946 19,323 19,991 17,305 15,735 15,871 18,466 17,718 17,245 17,067 20,144
EBITDA 1 2,771 2,179 3,743 3,293 2,325 1,401 2,864 1,908 1,545 1,317 2,621 1,953 2,111 2,299 3,268
EBIT 1 1,865 1,227 2,818 2,339 1,348 373 1,931 1,007 575 292 1,543 1,053 995.7 1,131 2,247
Operating Margin 9.48% 6.2% 12.21% 10.18% 6.14% 1.93% 9.66% 5.82% 3.65% 1.84% 8.36% 5.94% 5.77% 6.63% 11.16%
Earnings before Tax (EBT) 1,777 1,235 1,878 2,658 1,239 -4,585 1,930 851 38 -1,323 - - - - -
Net income 1 1,253 898 1,221 2,090 909 -4,847 1,562 499 249 -1,587 1,089 748 640 461 -
Net margin 6.37% 4.54% 5.29% 9.1% 4.14% -25.08% 7.81% 2.88% 1.58% -10% 5.9% 4.22% 3.71% 2.7% -
EPS 2 1.360 0.9800 1.340 2.310 1.010 -5.420 1.750 0.5600 0.2800 -1.780 1.220 0.8400 0.7200 0.5200 -
Dividend per Share 2 - 3.400 - - - 3.400 - - - 3.400 - - - 3.400 -
Announcement Date 10/27/21 2/25/22 4/29/22 7/27/22 10/26/22 2/24/23 4/27/23 7/28/23 10/31/23 2/23/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 15,506 14,677 14,352 16,268 16,590 18,771 20,172 19,998
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.887 x 1.974 x 1.265 x 1.512 x 2.163 x 2.288 x 2.14 x 1.983 x
Free Cash Flow 1 3,650 2,284 3,713 3,333 2,700 690 2,263 3,609
ROE (net income / shareholders' equity) 21.6% -2.5% 14.8% 15.6% 6.64% 8.11% 10.3% 11.1%
ROA (Net income/ Total Assets) 9.71% -1.27% 6.59% -0.73% 3.07% 3.4% 4.98% 5.62%
Assets 1 86,753 83,623 83,834 85,926 7,329 76,905 71,542 70,934
Book Value Per Share 2 45.20 36.70 44.40 44.30 39.50 39.40 39.60 39.80
Cash Flow per Share 2 8.140 5.880 7.890 8.620 9.060 7.690 8.140 8.360
Capex 1 3,824 3,129 3,532 4,375 5,395 6,302 5,411 4,480
Capex / Sales 6.45% 5.29% 4.49% 5.01% 7.83% 9.05% 7.42% 5.91%
Announcement Date 2/28/20 2/26/21 2/25/22 2/24/23 2/23/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
51.08 EUR
Average target price
54.8 EUR
Spread / Average Target
+7.28%
Consensus