Company Valuation: Bayer AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 46,174 47,476 33,039 18,975 36,360 49,416 - -
Change - 2.82% -30.41% -42.57% 91.62% 35.91% - -
Enterprise Value (EV) 1 79,140 78,749 67,302 51,329 82,696 81,141 77,933 74,681
Change - -0.49% -14.54% -23.73% 61.11% -1.88% -3.95% -4.17%
P/E 46.1x 11.5x -11.2x -7.43x -10.1x 22.1x 16.6x 14.3x
PBR 1.4x 1.22x 1x 0.59x 1.4x 1.79x 1.63x 1.5x
PEG - 0x 0x 0.6x -0.2x -0x 0.5x 0.9x
Capitalization / Revenue 1.05x 0.94x 0.69x 0.41x 0.8x 1.08x 1.06x 1.02x
EV / Revenue 1.8x 1.55x 1.41x 1.1x 1.81x 1.78x 1.67x 1.55x
EV / EBITDA 7.08x 5.83x 5.75x 5.07x 8.55x 8.45x 7.65x 6.82x
EV / EBIT 10.8x 8.51x 8.87x 9.44x 16.2x 14.2x 12.1x 10.7x
EV / FCF 31.9x 19x 28.4x 11.2x 24x -77.1x 21.3x 17.5x
FCF Yield 3.13% 5.26% 3.52% 8.94% 4.16% -1.3% 4.69% 5.73%
Dividend per Share 2 2 2.4 0.11 0.11 0.11 0.228 0.6291 1.063
Rate of return 4.26% 4.97% 0.33% 0.57% 0.3% 0.45% 1.23% 2.08%
EPS 2 1.02 4.22 -2.99 -2.6 -3.68 2.32 3.089 3.573
Distribution rate 196% 56.9% -3.68% -4.23% -2.99% 9.83% 20.4% 29.8%
Net sales 1 44,081 50,739 47,637 46,606 45,575 45,579 46,726 48,266
EBITDA 1 11,179 13,513 11,706 10,123 9,669 9,606 10,189 10,956
EBIT 1 7,295 9,257 7,589 5,436 5,108 5,722 6,419 7,002
Net income 1 1,000 4,150 -2,941 -2,552 -3,620 2,134 2,927 3,450
Net Debt 1 32,966 31,273 34,263 32,354 46,336 31,725 28,517 25,265
Reference price 2 47.00 48.32 33.63 19.31 37.01 51.18 51.18 51.18
Nbr of stocks (in thousands) 982,424 982,424 982,424 982,424 982,424 982,424 - -
Announcement Date 3/1/22 2/28/23 3/5/24 3/4/25 3/4/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.49x12.89x26.26x0.56% 1,082B
28.11x6.46x17.57x2.03% 633B
32.2x7.69x15.73x2.65% 461B
18.15x4.51x11.08x2.94% 338B
24.06x5.03x14.1x1.73% 299B
22.19x5.69x13.74x2.76% 291B
14.43x5.37x11.03x3.47% 222B
24.39x6.45x11.36x2.7% 202B
-46.87x5.66x31.47x2.47% 163B
Average 16.90x 6.64x 16.92x 2.37% 410.27B
Weighted average by Cap. 24.74x 8.04x 18.59x 1.94%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield