BASF SE (BAS.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BAS - DE000BASF111 - Common Stock
46.34 EUR
+0.24 (+0.52%)
Overall BAS gets a fundamental rating of 3 out of 10. We evaluated BAS against 71 industry peers in the Chemicals industry. BAS may be in some trouble as it scores bad on both profitability and health. BAS is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- BAS had positive earnings in the past year.
- BAS had a positive operating cash flow in the past year.
- In multiple years BAS reported negative net income over the last 5 years.
- In the past 5 years BAS always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 0.36%, BAS is doing worse than 61.97% of the companies in the same industry.
- BAS has a worse Return On Equity (0.83%) than 61.97% of its industry peers.
- The Return On Invested Capital of BAS (1.55%) is worse than 60.56% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for BAS is below the industry average of 7.19%.
| 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
- With a Profit Margin value of 0.43%, BAS is not doing good in the industry: 60.56% of the companies in the same industry are doing better.
- In the last couple of years the Profit Margin of BAS has declined.
- BAS's Operating Margin of 2.99% is in line compared to the rest of the industry. BAS outperforms 43.66% of its industry peers.
- BAS's Operating Margin has declined in the last couple of years.
- BAS's Gross Margin of 25.75% is on the low side compared to the rest of the industry. BAS is outperformed by 66.20% 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.
- BAS has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for BAS is higher compared to a year ago.
2.2 Solvency
- BAS has an Altman-Z score of 2.33. This is not the best score and indicates that BAS is in the grey zone with still only limited risk for bankruptcy at the moment.
- BAS has a Altman-Z score (2.33) which is comparable to the rest of the industry.
- The Debt to FCF ratio of BAS is 76.45, which is on the high side as it means it would take BAS, 76.45 years of fcf income to pay off all of its debts.
- BAS has a Debt to FCF ratio of 76.45. This is in the lower half of the industry: BAS underperforms 60.56% of its industry peers.
- A Debt/Equity ratio of 0.58 indicates that BAS is somewhat dependend on debt financing.
- BAS has a Debt to Equity ratio of 0.58. This is comparable to the rest of the industry: BAS outperforms 40.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 76.45 | ||
| Altman-Z | 2.33 |
ROIC/WACC0.29
WACC5.31%
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.
- The Current ratio of BAS (1.92) is better than 60.56% of its industry peers.
- A Quick Ratio of 1.16 indicates that BAS should not have too much problems paying its short term obligations.
- BAS has a Quick ratio (1.16) which is in line with its industry peers.
| 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.
- Measured over the past years, BAS shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.33% on average per year.
- The Revenue has decreased by -2.94% in the past 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
- BAS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.36% yearly.
- The Revenue is expected to grow by 0.85% on average over the next years.
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.
- 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
- BAS is valuated correctly with a Price/Earnings ratio of 14.66.
- BAS's Price/Earnings ratio is rather cheap when compared to the industry. BAS is cheaper than 80.28% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, BAS is valued a bit cheaper.
- A Price/Forward Earnings ratio of 17.14 indicates a rather expensive valuation of BAS.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of BAS indicates a somewhat cheap valuation: BAS is cheaper than 63.38% of the companies listed in the same industry.
- BAS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.66 | ||
| Fwd PE | 17.14 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BAS is valued a bit cheaper than 64.79% of the companies in the same industry.
- BAS's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 138.79 | ||
| EV/EBITDA | 9.55 |
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 4.84%, which is a nice return.
- BAS's Dividend Yield is rather good when compared to the industry average which is at 2.45. BAS pays more dividend than 83.10% of the companies in the same industry.
- BAS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.84% |
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
- BAS pays out 788.28% of its income as dividend. 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%.