Financials BASF SE

Equities

BAS

DE000BASF111

Diversified Chemicals

Market Closed - Xetra 11:40:34 2024-06-21 EDT 5-day change 1st Jan Change
45.15 EUR -0.86% Intraday chart for BASF SE +1.27% -7.44%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 61,860 59,444 56,744 41,497 43,537 40,297 - -
Enterprise Value (EV) 1 77,366 74,121 71,096 57,765 60,127 58,836 60,183 59,455
P/E ratio 7.34 x -56.3 x 10.3 x -66.3 x 195 x 15.6 x 11.7 x 10 x
Yield 4.9% 5.1% 5.5% 7.33% 6.97% 7.36% 7.41% 7.62%
Capitalization / Revenue 1.04 x 1 x 0.72 x 0.48 x 0.63 x 0.59 x 0.56 x 0.54 x
EV / Revenue 1.3 x 1.25 x 0.9 x 0.66 x 0.87 x 0.86 x 0.84 x 0.8 x
EV / EBITDA 9.42 x 9.97 x 6.27 x 5.37 x 7.84 x 7.14 x 6.46 x 5.82 x
EV / FCF 21.2 x 32.5 x 19.1 x 17.3 x 22.3 x 106 x 27.9 x 15.7 x
FCF Yield 4.72% 3.08% 5.22% 5.77% 4.49% 0.95% 3.59% 6.37%
Price to Book 1.49 x 1.76 x 1.39 x 1.05 x 1.23 x 1.14 x 1.13 x 1.12 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 45.15 45.15 45.15
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 68,192 71,485 74,493
EBITDA 1 8,217 7,435 11,348 10,762 7,671 8,235 9,319 10,220
EBIT 1 4,536 3,560 7,768 6,878 3,806 4,324 5,400 6,083
Operating Margin 7.65% 6.02% 9.88% 7.88% 5.52% 6.34% 7.55% 8.17%
Earnings before Tax (EBT) 1 3,302 -1,562 7,448 1,190 1,420 3,573 4,550 4,985
Net income 1 8,421 -1,060 5,523 -627 225 2,694 3,484 4,018
Net margin 14.2% -1.79% 7.03% -0.72% 0.33% 3.95% 4.87% 5.39%
EPS 2 9.170 -1.150 6.010 -0.7000 0.2500 2.886 3.857 4.512
Free Cash Flow 1 3,650 2,284 3,713 3,333 2,700 557.4 2,159 3,787
FCF margin 6.15% 3.86% 4.72% 3.82% 3.92% 0.82% 3.02% 5.08%
FCF Conversion (EBITDA) 44.42% 30.72% 32.72% 30.97% 35.2% 6.77% 23.16% 37.06%
FCF Conversion (Net income) 43.34% - 67.23% - 1,200% 20.69% 61.96% 94.26%
Dividend per Share 2 3.300 3.300 3.400 3.400 3.400 3.324 3.347 3.442
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 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 2025 Q2
Net sales 1 19,776 23,083 22,974 21,946 19,323 19,991 17,305 15,735 15,871 17,553 16,967 16,846 17,259 18,583 18,106
EBITDA 1 2,179 3,743 3,293 2,325 1,401 2,864 1,908 1,545 1,317 2,712 2,056 1,950 1,646 3,184 2,297
EBIT 1 1,227 2,818 2,339 1,348 373 1,931 1,007 575 292 1,754 1,119 946 690.3 2,209 1,294
Operating Margin 6.2% 12.21% 10.18% 6.14% 1.93% 9.66% 5.82% 3.65% 1.84% 9.99% 6.6% 5.62% 4% 11.89% 7.15%
Earnings before Tax (EBT) 1,235 1,878 2,658 1,239 -4,585 1,930 851 38 -1,323 - - - - - -
Net income 1 898 1,221 2,090 909 -4,847 1,562 499 249 -1,587 1,368 778 599 337 - -
Net margin 4.54% 5.29% 9.1% 4.14% -25.08% 7.81% 2.88% 1.58% -10% 7.79% 4.59% 3.56% 1.95% - -
EPS 2 0.9800 1.340 2.310 1.010 -5.420 1.750 0.5600 0.2800 -1.780 1.530 0.8700 0.6700 0.3800 - -
Dividend per Share 2 3.400 - - - 3.400 - - - 3.400 - - - 3.400 - -
Announcement Date 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 4/25/24 - - - - -
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 18,539 19,886 19,157
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.887 x 1.974 x 1.265 x 1.512 x 2.163 x 2.251 x 2.134 x 1.875 x
Free Cash Flow 1 3,650 2,284 3,713 3,333 2,700 557 2,159 3,787
ROE (net income / shareholders' equity) 21.6% -2.5% 14.8% 15.6% 6.64% 8.42% 10.3% 11.5%
ROA (Net income/ Total Assets) 9.71% -1.27% 6.59% -0.73% 3.07% 3.44% 4.75% 5.76%
Assets 1 86,753 83,623 83,834 85,926 7,329 78,432 73,380 69,718
Book Value Per Share 2 45.20 36.70 44.40 44.30 39.50 39.50 39.80 40.40
Cash Flow per Share 2 8.140 5.880 7.890 8.620 9.060 7.930 8.130 8.180
Capex 1 3,824 3,129 3,532 4,375 5,395 6,227 5,513 4,515
Capex / Sales 6.45% 5.29% 4.49% 5.01% 7.83% 9.13% 7.71% 6.06%
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
45.15 EUR
Average target price
55.53 EUR
Spread / Average Target
+22.98%
Consensus