Company Valuation: LANXESS AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,701 3,255 2,450 2,036 1,521 1,158 - -
Change - -30.76% -24.75% -16.88% -25.28% -23.89% - -
Enterprise Value (EV) 1 6,946 7,069 4,948 4,417 3,544 3,230 3,190 3,170
Change - 1.77% -30.01% -10.72% -19.76% -8.86% -1.26% -0.6%
P/E 17.6x 17.7x 5.53x -11.5x -2.64x -4.76x -6.88x -8.52x
PBR 1.25x 0.74x 0.54x 0.44x 0.44x 0.35x 0.35x 0.39x
PEG - -0.6x 0x 0x -0x 0.1x 0.2x 0.4x
Capitalization / Revenue 0.62x 0.4x 0.36x 0.32x 0.27x 0.2x 0.2x 0.19x
EV / Revenue 0.92x 0.87x 0.74x 0.69x 0.62x 0.56x 0.54x 0.52x
EV / EBITDA 6.88x 7.6x 9.66x 7.19x 6.95x 6.55x 5.86x 5.42x
EV / EBIT 13.9x 18.2x -93.4x 83.3x -131x 151x 39.7x 31.8x
EV / FCF -174x -28.5x 9.66x 23.5x -118x 58.7x 33.6x 21.8x
FCF Yield -0.58% -3.51% 10.3% 4.26% -0.85% 1.7% 2.98% 4.58%
Dividend per Share 2 1.05 1.05 0.1 0.1 0.1 0.1 0.211 0.2875
Rate of return 1.93% 2.79% 0.35% 0.42% 0.57% 0.75% 1.57% 2.14%
EPS 2 3.09 2.13 5.13 -2.05 -6.68 -2.816 -1.95 -1.573
Distribution rate 34% 49.3% 1.95% -4.88% -1.5% -3.55% -10.8% -18.3%
Net sales 1 7,557 8,088 6,714 6,366 5,673 5,767 5,903 6,055
EBITDA 1 1,010 930 512 614 510 493 544 584.8
EBIT 1 500 389 -53 53 -27 21.33 80.41 99.68
Net income 1 267 250 443 -177 -577 -250.3 -114.9 -69.51
Net Debt 1 2,245 3,814 2,498 2,381 2,023 2,072 2,032 2,012
Reference price 2 54.50 37.70 28.37 23.58 17.62 13.41 13.41 13.41
Nbr of stocks (in thousands) 86,258 86,346 86,346 86,346 86,346 86,346 - -
Announcement Date 3/11/22 3/15/23 3/14/24 3/19/25 3/18/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.33x3.42x9.7x2.05% 69.24B
12.19x0.93x7.73x4.42% 50.96B
56.02x8.98x38.24x0.97% 16.68B
12.9x0.86x6.01x2.82% 13.72B
11.88x0.74x4.79x2.83% 10.29B
15.62x0.71x7.68x3.16% 9.92B
36.11x1.65x8.74x2.1% 9.04B
4.53x0.65x2.7x4.85% 8.68B
31.82x4.35x18.63x0.36% 7.91B
Average 22.27x 2.48x 11.58x 2.62% 21.83B
Weighted average by Cap. 20.19x 2.62x 11.00x 2.78%

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

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