EVONIK INDUSTRIES AG (1EVK.MI) Stock Fundamental Analysis
BIT:1EVK - Euronext Milan - DE000EVNK013 - Common Stock - Currency: EUR
1EVK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 66 industry peers in the Chemicals industry. While 1EVK seems to be doing ok healthwise, there are quite some concerns on its profitability. 1EVK has a valuation in line with the averages, but on the other hand it scores bad on growth. 1EVK also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
1EVK had positive earnings in the past year.
1EVK had a positive operating cash flow in the past year.
Of the past 5 years 1EVK 4 years were profitable.
Each year in the past 5 years 1EVK had a positive operating cash flow.
1.2 Ratios
1EVK's Return On Assets of 1.12% is in line compared to the rest of the industry. 1EVK outperforms 53.13% of its industry peers.
1EVK has a Return On Equity (2.46%) which is in line with its industry peers.
1EVK has a Return On Invested Capital (1.96%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for 1EVK is below the industry average of 6.53%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 2.46% | ||
| ROIC | 1.96% |
ROA(3y)0.42%
ROA(5y)1.37%
ROE(3y)0.72%
ROE(5y)3.2%
ROIC(3y)3.31%
ROIC(5y)3.29%
1.3 Margins
1EVK's Profit Margin of 1.46% is in line compared to the rest of the industry. 1EVK outperforms 51.56% of its industry peers.
1EVK's Profit Margin has declined in the last couple of years.
1EVK has a Operating Margin of 3.67%. This is comparable to the rest of the industry: 1EVK outperforms 54.69% of its industry peers.
1EVK's Operating Margin has declined in the last couple of years.
1EVK has a Gross Margin (24.66%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of 1EVK has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.67% | ||
| PM (TTM) | 1.46% | ||
| GM | 24.66% |
OM growth 3Y-8.69%
OM growth 5Y-5.06%
PM growth 3Y-33.53%
PM growth 5Y-38.06%
GM growth 3Y-2.16%
GM growth 5Y-1.8%
2. Health
2.1 Basic Checks
1EVK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
1EVK has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for 1EVK remains at a similar level compared to 5 years ago.
The debt/assets ratio for 1EVK has been reduced compared to a year ago.
2.2 Solvency
1EVK has an Altman-Z score of 1.94. This is not the best score and indicates that 1EVK is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.94, 1EVK perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
The Debt to FCF ratio of 1EVK is 4.81, which is a neutral value as it means it would take 1EVK, 4.81 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of 1EVK (4.81) is better than 78.13% of its industry peers.
A Debt/Equity ratio of 0.35 indicates that 1EVK is not too dependend on debt financing.
1EVK has a Debt to Equity ratio of 0.35. This is in the better half of the industry: 1EVK outperforms 65.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 4.81 | ||
| Altman-Z | 1.94 |
ROIC/WACC0.37
WACC5.25%
2.3 Liquidity
A Current Ratio of 1.36 indicates that 1EVK should not have too much problems paying its short term obligations.
With a Current ratio value of 1.36, 1EVK is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
1EVK has a Quick Ratio of 1.36. This is a bad value and indicates that 1EVK is not financially healthy enough and could expect problems in meeting its short term obligations.
1EVK's Quick ratio of 0.70 is on the low side compared to the rest of the industry. 1EVK is outperformed by 82.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
1EVK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -64.89%.
The earnings per share for 1EVK have been decreasing by -22.19% on average. This is quite bad
Looking at the last year, 1EVK shows a decrease in Revenue. The Revenue has decreased by -0.72% in the last year.
Measured over the past years, 1EVK shows a small growth in Revenue. The Revenue has been growing by 2.85% on average per year.
EPS 1Y (TTM)-64.89%
EPS 3Y-16.77%
EPS 5Y-22.19%
EPS Q2Q%223.08%
Revenue 1Y (TTM)-0.72%
Revenue growth 3Y7.76%
Revenue growth 5Y2.85%
Sales Q2Q%-0.17%
3.2 Future
Based on estimates for the next years, 1EVK will show a very strong growth in Earnings Per Share. The EPS will grow by 20.92% on average per year.
1EVK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.47% yearly.
EPS Next Y109.96%
EPS Next 2Y40.86%
EPS Next 3Y31.96%
EPS Next 5Y20.92%
Revenue Next Year-2.24%
Revenue Next 2Y-0.72%
Revenue Next 3Y0.69%
Revenue Next 5Y1.47%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.82 indicates a rather expensive valuation of 1EVK.
Compared to the rest of the industry, the Price/Earnings ratio of 1EVK is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.55, 1EVK is valued at the same level.
A Price/Forward Earnings ratio of 11.50 indicates a reasonable valuation of 1EVK.
Based on the Price/Forward Earnings ratio, 1EVK is valued cheaper than 81.25% of the companies in the same industry.
1EVK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.82 | ||
| Fwd PE | 11.5 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1EVK indicates a somewhat cheap valuation: 1EVK is cheaper than 75.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, 1EVK is valued cheaper than 85.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.62 | ||
| EV/EBITDA | 6.99 |
4.3 Compensation for Growth
1EVK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as 1EVK's earnings are expected to grow with 31.96% in the coming years.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y40.86%
EPS Next 3Y31.96%
5. Dividend
5.1 Amount
1EVK has a Yearly Dividend Yield of 6.25%, which is a nice return.
1EVK's Dividend Yield is rather good when compared to the industry average which is at 2.93. 1EVK pays more dividend than 93.75% of the companies in the same industry.
1EVK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.25% |
5.2 History
The dividend of 1EVK has a limited annual growth rate of 0.33%.
Dividend Growth(5Y)0.33%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
245.50% of the earnings are spent on dividend by 1EVK. This is not a sustainable payout ratio.
The dividend of 1EVK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP245.5%
EPS Next 2Y40.86%
EPS Next 3Y31.96%
BIT:1EVK (4/7/2025, 7:00:00 PM)
18.03
-2.21 (-10.92%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners32.67%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap8.40B
Analysts73.04
Price Target23.06 (27.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.25% |
Yearly Dividend1.17
Dividend Growth(5Y)0.33%
DP245.5%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.89%
Min EPS beat(2)-2.41%
Max EPS beat(2)22.18%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.26%
Min Revenue beat(2)-2.91%
Max Revenue beat(2)-1.61%
Revenue beat(4)0
Avg Revenue beat(4)-2.92%
Min Revenue beat(4)-5.27%
Max Revenue beat(4)-1.61%
Revenue beat(8)0
Avg Revenue beat(8)-3.94%
Revenue beat(12)3
Avg Revenue beat(12)-0.88%
Revenue beat(16)7
Avg Revenue beat(16)0.57%
PT rev (1m)-0.42%
PT rev (3m)-0.42%
EPS NQ rev (1m)1.13%
EPS NQ rev (3m)1.13%
EPS NY rev (1m)-7.69%
EPS NY rev (3m)-7.69%
Revenue NQ rev (1m)-1.79%
Revenue NQ rev (3m)-1.79%
Revenue NY rev (1m)-2.57%
Revenue NY rev (3m)-2.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.82 | ||
| Fwd PE | 11.5 | ||
| P/S | 0.55 | ||
| P/FCF | 9.62 | ||
| P/OCF | 4.9 | ||
| P/B | 0.93 | ||
| P/tB | 2.44 | ||
| EV/EBITDA | 6.99 |
EPS(TTM)0.79
EY4.38%
EPS(NY)1.57
Fwd EY8.69%
FCF(TTM)1.87
FCFY10.39%
OCF(TTM)3.68
OCFY20.39%
SpS32.53
BVpS19.36
TBVpS7.4
PEG (NY)0.21
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 2.46% | ||
| ROCE | 3.55% | ||
| ROIC | 1.96% | ||
| ROICexc | 2.05% | ||
| ROICexgc | 3.26% | ||
| OM | 3.67% | ||
| PM (TTM) | 1.46% | ||
| GM | 24.66% | ||
| FCFM | 5.76% |
ROA(3y)0.42%
ROA(5y)1.37%
ROE(3y)0.72%
ROE(5y)3.2%
ROIC(3y)3.31%
ROIC(5y)3.29%
ROICexc(3y)3.51%
ROICexc(5y)3.51%
ROICexgc(3y)5.47%
ROICexgc(5y)5.43%
ROCE(3y)5.99%
ROCE(5y)5.96%
ROICexcg growth 3Y-3.02%
ROICexcg growth 5Y0.16%
ROICexc growth 3Y-4.01%
ROICexc growth 5Y-0.36%
OM growth 3Y-8.69%
OM growth 5Y-5.06%
PM growth 3Y-33.53%
PM growth 5Y-38.06%
GM growth 3Y-2.16%
GM growth 5Y-1.8%
F-Score8
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 4.81 | ||
| Debt/EBITDA | 1.89 | ||
| Cap/Depr | 75.2% | ||
| Cap/Sales | 5.54% | ||
| Interest Coverage | 5.11 | ||
| Cash Conversion | 102.33% | ||
| Profit Quality | 393.24% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 1.94 |
F-Score8
WACC5.25%
ROIC/WACC0.37
Cap/Depr(3y)57.81%
Cap/Depr(5y)69.82%
Cap/Sales(3y)5.14%
Cap/Sales(5y)5.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-64.89%
EPS 3Y-16.77%
EPS 5Y-22.19%
EPS Q2Q%223.08%
EPS Next Y109.96%
EPS Next 2Y40.86%
EPS Next 3Y31.96%
EPS Next 5Y20.92%
Revenue 1Y (TTM)-0.72%
Revenue growth 3Y7.76%
Revenue growth 5Y2.85%
Sales Q2Q%-0.17%
Revenue Next Year-2.24%
Revenue Next 2Y-0.72%
Revenue Next 3Y0.69%
Revenue Next 5Y1.47%
EBIT growth 1Y-6.39%
EBIT growth 3Y-8.28%
EBIT growth 5Y-2.26%
EBIT Next Year104.97%
EBIT Next 3Y31.84%
EBIT Next 5Y19.08%
FCF growth 1Y8.99%
FCF growth 3Y-2.37%
FCF growth 5Y14.63%
OCF growth 1Y7.47%
OCF growth 3Y-1.91%
OCF growth 5Y5.33%