Financials BASF SE

Equities

BAS

DE000BASF111

Diversified Chemicals

Real-time Estimate Tradegate Other stock markets 09:08:09 2025-06-20 EDT			5-day change	1st Jan Change
41.84 ^EUR	+0.93%		-0.59%	-1.39%

05:08am	BASF SE : Goldman Sachs reaffirms its Buy rating	ZD
01:49am	BASF SE : Jefferies sticks Neutral	ZD

Projected Income Statement: BASF SE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	59,149	78,598	87,327	68,902	65,260	65,274	67,778	70,132
Change	-	32.88%	11.11%	-21.1%	-5.29%	0.02%	3.84%	3.47%
EBITDA ¹	7,435	11,348	10,762	7,671	7,858	7,811	8,794	9,517
Change	-	52.63%	-5.16%	-28.72%	2.44%	-0.6%	12.58%	8.22%
EBIT ¹	3,560	7,768	6,878	3,806	3,911	3,714	4,526	5,148
Change	-	118.2%	-11.46%	-44.66%	2.76%	-5.03%	21.85%	13.75%
Interest Paid ¹	-373	-314	-433	-538	-558	-592.3	-626.7	-587.7
Earnings before Tax (EBT) ¹	-1,562	7,448	1,190	1,420	2,069	2,717	3,792	4,628
Change	-	576.82%	-84.02%	19.33%	45.7%	31.31%	39.58%	22.03%
Net income ¹	-1,060	5,523	-627	225	1,298	1,889	2,722	3,318
Change	-	621.04%	-111.35%	135.89%	476.89%	45.51%	44.12%	21.91%
Announcement Date	2/26/21	2/25/22	2/24/23	2/23/24	2/28/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	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	2025 Q2	2025 Q3	2025 Q4	2026 Q1
Net sales ¹	12,680	13,811	15,905	19,400	19,753	19,669	19,776	23,083	22,974	21,946	19,323	19,991	17,305	15,735	15,871	17,553	16,111	15,739	15,857	17,402	15,880	15,519	15,613	17,040
Change	-	8.92%	15.16%	21.97%	1.82%	-0.43%	0.54%	16.72%	-0.47%	-4.47%	-11.95%	3.46%	-13.44%	-9.07%	0.86%	10.6%	-8.22%	-2.31%	0.75%	9.74%	-8.75%	-2.27%	0.61%	9.14%
EBITDA ¹	1,229	1,542	2,085	3,181	2,992	2,771	2,179	3,743	3,293	2,325	1,401	2,864	1,908	1,545	1,317	2,712	1,957	1,622	1,567	2,625	1,831	1,630	1,631	-
Change	-	25.47%	35.21%	52.57%	-5.94%	-7.39%	-21.36%	71.78%	-12.02%	-29.4%	-39.74%	104.43%	-33.38%	-19.03%	-14.76%	105.92%	-27.84%	-17.12%	-3.39%	67.52%	-30.23%	-10.97%	0.03%	-
EBIT ¹	226	581	1,113	2,321	2,355	1,865	1,227	2,818	2,339	1,348	373	1,931	1,007	575	292	1,754	969	635	554	1,664	876.9	658.4	621.6	1,652
Change	-	157.08%	91.57%	108.54%	1.46%	-20.81%	-34.21%	129.67%	-17%	-42.37%	-72.33%	417.69%	-47.85%	-42.9%	-49.22%	500.68%	-44.75%	-34.47%	-12.76%	200.36%	-47.3%	-24.91%	-5.59%	165.73%
Charge d'intérêts	-106	-73	-90	-	-	-	-81	-	-125	-157	-	-179	-160	-	-93	-	-	-	-128	-	-	-	-	-
Earnings before Tax (EBT)	-923	-2,786	947	2,247	2,189	1,777	1,235	1,878	2,658	1,239	-4,585	1,930	851	38	-1,323	-	-	-	-	-	-	-	-	-
Change	-	-201.84%	133.99%	137.28%	-2.58%	-18.82%	-30.5%	52.06%	41.53%	-53.39%	-470.06%	142.09%	-55.91%	-95.53%	-3,581.58%	-	-	-	-	-	-	-	-	-
Net income	-878	-2,122	1,055	1,718	1,654	1,253	898	1,221	2,090	909	-4,847	1,562	499	249	-1,587	1,368	430	287	-	-	-	-	-	-
Change	-	-141.69%	149.72%	62.84%	-3.73%	-24.24%	-28.33%	35.97%	71.17%	-56.51%	-633.22%	132.23%	-68.05%	-50.1%	-737.35%	186.2%	-68.57%	-33.26%	-	-	-	-	-	-
Announcement Date	7/29/20	10/28/20	2/26/21	4/29/21	7/28/21	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	4/25/24	7/26/24	10/30/24	2/28/25	5/2/25	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2024 S1	2024 S2
Net sales ¹	33,664	31,596
Change	-	-6.14%
EBITDA ¹	4,669	3,189
Change	-	-31.7%
EBIT ¹	2,723	1,188
Change	-	-56.37%
Charge d'intérêts	-	-
Earnings before Tax (EBT)	-	-
Change	-	-
Net income	1,797	-
Change	-	-
Announcement Date	7/26/24	2/28/25

¹EUR in Million

Estimates

Forecast Balance Sheet: BASF SE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	14,677	14,352	16,268	16,590	18,781	20,062	19,669	18,903
Change	-	-2.21%	13.35%	1.98%	13.21%	6.82%	-1.96%	-3.89%
Announcement Date	2/26/21	2/25/22	2/24/23	2/23/24	2/28/25	-	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: BASF SE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	3,129	3,532	4,375	5,395	6,198	5,099	4,077	3,762
Change	-	12.88%	23.87%	23.31%	14.88%	-17.73%	-20.03%	-7.73%
Free Cash Flow (FCF) ¹	2,284	3,713	3,333	2,700	748	535.1	2,930	4,028
Change	-	62.57%	-10.23%	-18.99%	-72.3%	-28.47%	447.64%	37.48%
Announcement Date	2/26/21	2/25/22	2/24/23	2/23/24	2/28/25	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: BASF SE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	12.57%	14.44%	12.32%	11.13%	12.04%	11.97%	12.97%	13.57%
EBIT Margin (%)	6.02%	9.88%	7.88%	5.52%	5.99%	5.69%	6.68%	7.34%
EBT Margin (%)	-2.64%	9.48%	1.36%	2.06%	3.17%	4.16%	5.59%	6.6%
Net margin (%)	-1.79%	7.03%	-0.72%	0.33%	1.99%	2.89%	4.02%	4.73%
FCF margin (%)	3.86%	4.72%	3.82%	3.92%	1.15%	0.82%	4.32%	5.74%
FCF / Net Income (%)	-215.47%	67.23%	-531.58%	1,200%	57.63%	28.33%	107.65%	121.4%
Profitability
ROA	-1.27%	6.59%	-0.73%	3.07%	3.97%	2.2%	3.04%	3.66%
ROE	-2.5%	14.82%	15.62%	6.64%	8.84%	6.85%	8.41%	9.82%
Financial Health
Leverage (Debt/EBITDA)	1.97x	1.26x	1.51x	2.16x	2.39x	2.57x	2.24x	1.99x
Debt / Free cash flow	6.43x	3.87x	4.88x	6.14x	25.11x	37.49x	6.71x	4.69x
Capital Intensity
CAPEX / Current Assets (%)	5.29%	4.49%	5.01%	7.83%	9.5%	7.81%	6.02%	5.36%
CAPEX / EBITDA (%)	42.08%	31.12%	40.65%	70.33%	78.88%	65.28%	46.37%	39.53%
CAPEX / FCF (%)	137%	95.13%	131.26%	199.81%	828.61%	952.97%	139.15%	93.39%
Items per share
Cash flow per share ¹	5.882	7.888	8.624	9.062	7.782	5.621	7.074	7.156
Change	-	34.1%	9.33%	5.08%	-14.12%	-27.77%	25.85%	1.17%
Dividend per Share ¹	3.3	3.4	3.4	3.4	2.25	2.253	2.357	2.497
Change	-	3.03%	0%	0%	-33.82%	0.14%	4.6%	5.95%
Book Value Per Share ¹	36.72	44.41	44.27	39.53	39.89	39.86	40.48	41.61
Change	-	20.94%	-0.32%	-10.72%	0.91%	-0.06%	1.56%	2.79%
EPS ¹	-1.15	6.01	-0.7	0.25	1.45	2.163	3.099	3.765
Change	-	622.61%	-111.65%	135.71%	480%	49.17%	43.26%	21.51%
Nbr of stocks (in thousands)	918,479	918,479	894,516	892,522	892,522	892,522	892,522	892,522
Announcement Date	2/26/21	2/25/22	2/24/23	2/23/24	2/28/25	-	-	-