BASF SE (BAS.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BAS - DE000BASF111 - Common Stock
46.52 EUR
+1.17 (+2.58%)
Overall BAS gets a fundamental rating of 3 out of 10. We evaluated BAS against 69 industry peers in the Chemicals industry. BAS has a bad profitability rating. Also its financial health evaluation is rather negative. BAS is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- BAS had positive earnings in the past year.
- In the past year BAS had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: BAS reported negative net income in multiple years.
- Each year in the past 5 years BAS had a positive operating cash flow.
1.2 Ratios
- BAS has a Return On Assets of 0.36%. This is in the lower half of the industry: BAS underperforms 60.87% of its industry peers.
- BAS has a Return On Equity of 0.83%. This is in the lower half of the industry: BAS underperforms 60.87% of its industry peers.
- BAS has a Return On Invested Capital of 1.55%. This is in the lower half of the industry: BAS underperforms 60.87% of its industry peers.
- BAS had an Average Return On Invested Capital over the past 3 years of 3.26%. This is below the industry average of 6.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.36% | ||
| ROE | 0.83% | ||
| ROIC | 1.55% |
ROA(3y)0.39%
ROA(5y)1.23%
ROE(3y)0.9%
ROE(5y)2.62%
ROIC(3y)3.26%
ROIC(5y)3.13%
1.3 Margins
- Looking at the Profit Margin, with a value of 0.43%, BAS is in line with its industry, outperforming 40.58% of the companies in the same industry.
- In the last couple of years the Profit Margin of BAS has declined.
- BAS has a Operating Margin of 2.99%. This is comparable to the rest of the industry: BAS outperforms 43.48% of its industry peers.
- BAS's Operating Margin has declined in the last couple of years.
- BAS has a worse Gross Margin (25.75%) than 65.22% of its industry peers.
- In the last couple of years the Gross Margin of BAS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.99% | ||
| PM (TTM) | 0.43% | ||
| GM | 25.75% |
OM growth 3Y-20.75%
OM growth 5Y-6.65%
PM growth 3Y-34.34%
PM growth 5Y-32.5%
GM growth 3Y0.64%
GM growth 5Y-1.3%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BAS is destroying value.
- Compared to 1 year ago, BAS has about the same amount of shares outstanding.
- Compared to 5 years ago, BAS has less shares outstanding
- The debt/assets ratio for BAS is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.33 indicates that BAS is not a great score, but indicates only limited risk for bankruptcy at the moment.
- BAS's Altman-Z score of 2.33 is in line compared to the rest of the industry. BAS outperforms 52.17% of its industry peers.
- BAS has a debt to FCF ratio of 76.45. This is a negative value and a sign of low solvency as BAS would need 76.45 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 76.45, BAS is not doing good in the industry: 60.87% of the companies in the same industry are doing better.
- BAS has a Debt/Equity ratio of 0.58. This is a neutral value indicating BAS is somewhat dependend on debt financing.
- BAS has a worse Debt to Equity ratio (0.58) than 60.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 76.45 | ||
| Altman-Z | 2.33 |
ROIC/WACC0.29
WACC5.38%
2.3 Liquidity
- BAS has a Current Ratio of 1.92. This is a normal value and indicates that BAS is financially healthy and should not expect problems in meeting its short term obligations.
- BAS has a Current ratio of 1.92. This is in the better half of the industry: BAS outperforms 60.87% of its industry peers.
- A Quick Ratio of 1.16 indicates that BAS should not have too much problems paying its short term obligations.
- With a Quick ratio value of 1.16, BAS perfoms like the industry average, outperforming 53.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.92 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
- BAS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.91%, which is quite good.
- The Earnings Per Share has been decreasing by -2.33% on average over the past years.
- Looking at the last year, BAS shows a decrease in Revenue. The Revenue has decreased by -2.94% in the last year.
- The Revenue has been growing slightly by 1.93% on average over the past years.
EPS 1Y (TTM)14.91%
EPS 3Y-19.55%
EPS 5Y-2.33%
EPS Q2Q%62.5%
Revenue 1Y (TTM)-2.94%
Revenue growth 3Y-6.01%
Revenue growth 5Y1.93%
Sales Q2Q%-3.23%
3.2 Future
- The Earnings Per Share is expected to grow by 1.36% on average over the next years.
- BAS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.85% yearly.
EPS Next Y-24.78%
EPS Next 2Y-12.35%
EPS Next 3Y-0.86%
EPS Next 5Y1.36%
Revenue Next Year-5.6%
Revenue Next 2Y-2.37%
Revenue Next 3Y-0.5%
Revenue Next 5Y0.85%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 14.72 indicates a correct valuation of BAS.
- Based on the Price/Earnings ratio, BAS is valued a bit cheaper than the industry average as 79.71% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 27.32, BAS is valued a bit cheaper.
- A Price/Forward Earnings ratio of 17.20 indicates a rather expensive valuation of BAS.
- BAS's Price/Forward Earnings is on the same level as the industry average.
- BAS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.72 | ||
| Fwd PE | 17.2 |
4.2 Price Multiples
- BAS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BAS is cheaper than 63.77% of the companies in the same industry.
- BAS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 139.33 | ||
| EV/EBITDA | 9.61 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.35%
EPS Next 3Y-0.86%
5. Dividend
5.1 Amount
- BAS has a Yearly Dividend Yield of 4.86%, which is a nice return.
- Compared to an average industry Dividend Yield of 2.33, BAS pays a better dividend. On top of this BAS pays more dividend than 86.96% of the companies listed in the same industry.
- BAS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.86% |
5.2 History
- The dividend of BAS has a limited annual growth rate of 2.83%.
Dividend Growth(5Y)2.83%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
- 788.28% of the earnings are spent on dividend by BAS. This is not a sustainable payout ratio.
- The dividend of BAS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP788.28%
EPS Next 2Y-12.35%
EPS Next 3Y-0.86%
BASF SE / BAS.DE FAQ
What is the fundamental rating for BAS stock?
ChartMill assigns a fundamental rating of 3 / 10 to BAS.DE.
What is the valuation status of BASF SE (BAS.DE) stock?
ChartMill assigns a valuation rating of 4 / 10 to BASF SE (BAS.DE). This can be considered as Fairly Valued.
What is the profitability of BAS stock?
BASF SE (BAS.DE) has a profitability rating of 2 / 10.
What is the earnings growth outlook for BASF SE?
The Earnings per Share (EPS) of BASF SE (BAS.DE) is expected to decline by -24.78% in the next year.
Is the dividend of BASF SE sustainable?
The dividend rating of BASF SE (BAS.DE) is 6 / 10 and the dividend payout ratio is 788.28%.