Company Valuation: Clariant AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,262 4,822 4,086 3,318 2,351 3,578 - -
Change - -23% -15.25% -18.8% -29.16% 52.23% - -
Enterprise Value (EV) 1 7,797 5,572 4,841 4,807 3,764 4,804 4,663 4,565
Change - -28.54% -13.11% -0.71% -21.71% 27.64% -2.92% -2.12%
P/E 18.3x 56.3x 30.3x 13.6x -31.1x 17.4x 14.2x 13.2x
PBR 2.65x 2.06x 2.03x 1.42x 1.16x 1.69x 1.61x 1.56x
PEG - -0.8x 0.5x 0.2x 0x -0x 0.6x 1.72x
Capitalization / Revenue 1.43x 0.93x 0.93x 0.8x 0.6x 0.94x 0.91x 0.88x
EV / Revenue 1.78x 1.07x 1.11x 1.16x 0.96x 1.26x 1.18x 1.12x
EV / EBITDA 10.3x 6.24x 7.55x 7.25x 5.4x 7.15x 6.48x 5.99x
EV / EBIT 15.8x 9.03x 12x 11.6x 8.46x 11.3x 9.77x 8.94x
EV / FCF 1,299x 19x 22.4x 23x 13.8x 17.1x 14x 12.8x
FCF Yield 0.08% 5.26% 4.46% 4.35% 7.25% 5.83% 7.17% 7.79%
Dividend per Share 2 0.4 0.42 0.42 0.42 0.42 0.4344 0.4567 0.4831
Rate of return 2.11% 2.87% 3.38% 4.16% 5.87% 3.99% 4.2% 4.44%
EPS 2 1.04 0.26 0.41 0.74 -0.23 0.6252 0.7665 0.8252
Distribution rate 38.5% 162% 102% 56.8% -183% 69.5% 59.6% 58.5%
Net sales 1 4,372 5,198 4,377 4,152 3,915 3,814 3,946 4,079
EBITDA 1 760 893 641 663 697 672.2 720 762.1
EBIT 1 493 617 405 416 445 424.5 477.4 510.6
Net income 1 344 84 134 244 -75 209.3 257.5 276
Net Debt 1 1,535 750 755 1,489 1,413 1,226 1,085 986.5
Reference price 2 19.00 14.65 12.42 10.09 7.16 10.88 10.88 10.88
Nbr of stocks (in thousands) 329,554 329,116 329,017 328,848 328,286 328,876 - -
Announcement Date 5/19/22 3/2/23 2/28/24 2/28/25 2/26/26 - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.73x5.12x20.79x1.03% 80.07B
25.08x2.98x15.47x2.07% 37.09B
28.7x4.34x18.74x2.32% 36.8B
13.21x1.3x7.99x2.39% 23.67B
36.22x8.88x27.01x2.52% 22.73B
10.94x3.03x6.11x2.57% 21.53B
26.22x2.82x11.47x1.72% 18.86B
13.46x2.72x6.19x1.2% 15.85B
15.45x1.7x6.68x1.95% 14.08B
Average 23.00x 3.66x 13.38x 1.97% 30.07B
Weighted average by Cap. 26.99x 4.06x 15.78x 1.82%

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