ECOLAB INC (ECJ.DE) Stock Fundamental Analysis

FRA:ECJ • US2788651006

264.2 EUR
+8.8 (+3.45%)
Last: Feb 25, 2026, 07:00 PM
Fundamental Rating

5

Overall ECJ gets a fundamental rating of 5 out of 10. We evaluated ECJ against 69 industry peers in the Chemicals industry. ECJ scores excellent on profitability, but there are some minor concerns on its financial health. ECJ has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • ECJ had positive earnings in the past year.
  • In the past year ECJ had a positive cash flow from operations.
  • Of the past 5 years ECJ 4 years were profitable.
  • Of the past 5 years ECJ 4 years had a positive operating cash flow.
ECJ.DE Yearly Net Income VS EBIT VS OCF VS FCFECJ.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B

1.2 Ratios

  • The Return On Assets of ECJ (8.30%) is better than 85.51% of its industry peers.
  • ECJ has a better Return On Equity (20.42%) than 89.86% of its industry peers.
  • The Return On Invested Capital of ECJ (11.53%) is better than 85.51% of its industry peers.
  • ECJ had an Average Return On Invested Capital over the past 3 years of 10.09%. This is above the industry average of 7.10%.
  • The last Return On Invested Capital (11.53%) for ECJ is above the 3 year average (10.09%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 8.3%
ROE 20.42%
ROIC 11.53%
ROA(3y)6.93%
ROA(5y)3.9%
ROE(3y)18.76%
ROE(5y)10.47%
ROIC(3y)10.09%
ROIC(5y)9.38%
ECJ.DE Yearly ROA, ROE, ROICECJ.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

1.3 Margins

  • ECJ has a Profit Margin of 12.49%. This is amongst the best in the industry. ECJ outperforms 89.86% of its industry peers.
  • In the last couple of years the Profit Margin of ECJ has grown nicely.
  • Looking at the Operating Margin, with a value of 17.63%, ECJ belongs to the top of the industry, outperforming 88.41% of the companies in the same industry.
  • ECJ's Operating Margin has improved in the last couple of years.
  • ECJ has a better Gross Margin (44.36%) than 62.32% of its industry peers.
  • ECJ's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 17.63%
PM (TTM) 12.49%
GM 44.36%
OM growth 3Y5.67%
OM growth 5Y2.23%
PM growth 3Y14.78%
PM growth 5Y5.11%
GM growth 3Y2.05%
GM growth 5Y0.87%
ECJ.DE Yearly Profit, Operating, Gross MarginsECJ.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30 40

5

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ECJ is destroying value.
  • There is no outstanding debt for ECJ. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
ECJ.DE Yearly Shares OutstandingECJ.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
ECJ.DE Yearly Total Debt VS Total AssetsECJ.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

  • ECJ has an Altman-Z score of 5.67. This indicates that ECJ is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of ECJ (5.67) is better than 94.20% of its industry peers.
  • ECJ has a debt to FCF ratio of 5.19. This is a neutral value as ECJ would need 5.19 years to pay back of all of its debts.
  • The Debt to FCF ratio of ECJ (5.19) is better than 69.57% of its industry peers.
  • A Debt/Equity ratio of 0.83 indicates that ECJ is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.83, ECJ is doing worse than 72.46% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.83
Debt/FCF 5.19
Altman-Z 5.67
ROIC/WACC0.8
WACC14.47%
ECJ.DE Yearly LT Debt VS Equity VS FCFECJ.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 1.70 indicates that ECJ should not have too much problems paying its short term obligations.
  • ECJ has a Current ratio of 1.70. This is comparable to the rest of the industry: ECJ outperforms 50.72% of its industry peers.
  • ECJ has a Quick Ratio of 1.33. This is a normal value and indicates that ECJ is financially healthy and should not expect problems in meeting its short term obligations.
  • With a decent Quick ratio value of 1.33, ECJ is doing good in the industry, outperforming 68.12% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.7
Quick Ratio 1.33
ECJ.DE Yearly Current Assets VS Current LiabilitesECJ.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

3

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 13.21% over the past year.
  • ECJ shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.63% yearly.
EPS 1Y (TTM)13.21%
EPS 3Y18.86%
EPS 5Y12.63%
EPS Q2Q%14.92%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%4.76%

3.2 Future

  • Based on estimates for the next years, ECJ will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.47% on average per year.
  • ECJ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.25% yearly.
EPS Next Y13.27%
EPS Next 2Y13.43%
EPS Next 3Y12.4%
EPS Next 5Y10.47%
Revenue Next Year6.34%
Revenue Next 2Y5.59%
Revenue Next 3Y6.08%
Revenue Next 5Y6.25%

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 stable.
ECJ.DE Yearly Revenue VS EstimatesECJ.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B 25B
ECJ.DE Yearly EPS VS EstimatesECJ.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5 10

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 41.41, which means the current valuation is very expensive for ECJ.
  • Based on the Price/Earnings ratio, ECJ is valued a bit more expensive than 60.87% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.10, ECJ is valued quite expensively.
  • ECJ is valuated quite expensively with a Price/Forward Earnings ratio of 36.55.
  • Based on the Price/Forward Earnings ratio, ECJ is valued a bit more expensive than 68.12% of the companies in the same industry.
  • ECJ's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 28.06.
Industry RankSector Rank
PE 41.41
Fwd PE 36.55
ECJ.DE Price Earnings VS Forward Price EarningsECJ.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ECJ indicates a slightly more expensive valuation: ECJ is more expensive than 71.01% of the companies listed in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as ECJ.
Industry RankSector Rank
P/FCF 56.92
EV/EBITDA 25.15
ECJ.DE Per share dataECJ.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ECJ does not grow enough to justify the current Price/Earnings ratio.
  • ECJ has an outstanding profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as ECJ's earnings are expected to grow with 12.40% in the coming years.
PEG (NY)3.12
PEG (5Y)3.28
EPS Next 2Y13.43%
EPS Next 3Y12.4%

3

5. Dividend

5.1 Amount

  • ECJ has a yearly dividend return of 0.97%, which is pretty low.
  • ECJ's Dividend Yield is slightly below the industry average, which is at 2.23.
  • Compared to an average S&P500 Dividend Yield of 1.80, ECJ's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.97%

5.2 History

  • The dividend of ECJ has a limited annual growth rate of 3.93%.
Dividend Growth(5Y)3.93%
Div Incr YearsN/A
Div Non Decr YearsN/A
ECJ.DE Yearly Dividends per shareECJ.DE Yearly Dividends per shareYearly Dividends per share 2021 2022 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 36.57% of the earnings are spent on dividend by ECJ. This is a low number and sustainable payout ratio.
  • The dividend of ECJ is growing, but earnings are growing more, so the dividend growth is sustainable.
DP36.57%
EPS Next 2Y13.43%
EPS Next 3Y12.4%
ECJ.DE Yearly Income VS Free CF VS DividendECJ.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B
ECJ.DE Dividend Payout.ECJ.DE Dividend Payout, showing the Payout Ratio.ECJ.DE Dividend Payout.PayoutRetained Earnings

ECOLAB INC

FRA:ECJ (2/25/2026, 7:00:00 PM)

264.2

+8.8 (+3.45%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)02-10
Earnings (Next)04-27
Inst Owners82.4%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap74.83B
Revenue(TTM)N/A
Net Income(TTM)1.98B
Analysts76.88
Price Target254.57 (-3.64%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.97%
Yearly Dividend1.97
Dividend Growth(5Y)3.93%
DP36.57%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.25%
Min EPS beat(2)-1.41%
Max EPS beat(2)-1.09%
EPS beat(4)1
Avg EPS beat(4)-0.7%
Min EPS beat(4)-1.41%
Max EPS beat(4)0.38%
EPS beat(8)1
Avg EPS beat(8)-0.62%
EPS beat(12)5
Avg EPS beat(12)-0.18%
EPS beat(16)5
Avg EPS beat(16)-0.53%
Revenue beat(2)1
Avg Revenue beat(2)-0.33%
Min Revenue beat(2)-0.73%
Max Revenue beat(2)0.07%
Revenue beat(4)1
Avg Revenue beat(4)-0.54%
Min Revenue beat(4)-1.02%
Max Revenue beat(4)0.07%
Revenue beat(8)1
Avg Revenue beat(8)-0.99%
Revenue beat(12)2
Avg Revenue beat(12)-0.93%
Revenue beat(16)5
Avg Revenue beat(16)-0.53%
PT rev (1m)0%
PT rev (3m)N/A
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.01%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 41.41
Fwd PE 36.55
P/S 5.56
P/FCF 56.92
P/OCF 33.62
P/B 9.1
P/tB N/A
EV/EBITDA 25.15
EPS(TTM)6.38
EY2.41%
EPS(NY)7.23
Fwd EY2.74%
FCF(TTM)4.64
FCFY1.76%
OCF(TTM)7.86
OCFY2.97%
SpS47.49
BVpS29.04
TBVpS-4.57
PEG (NY)3.12
PEG (5Y)3.28
Graham Number64.57
Profitability
Industry RankSector Rank
ROA 8.3%
ROE 20.42%
ROCE 14.22%
ROIC 11.53%
ROICexc 12.8%
ROICexgc 34.92%
OM 17.63%
PM (TTM) 12.49%
GM 44.36%
FCFM 9.78%
ROA(3y)6.93%
ROA(5y)3.9%
ROE(3y)18.76%
ROE(5y)10.47%
ROIC(3y)10.09%
ROIC(5y)9.38%
ROICexc(3y)10.68%
ROICexc(5y)9.93%
ROICexgc(3y)35.11%
ROICexgc(5y)31.71%
ROCE(3y)12.44%
ROCE(5y)11.62%
ROICexgc growth 3Y15.5%
ROICexgc growth 5Y7.38%
ROICexc growth 3Y16.48%
ROICexc growth 5Y4.33%
OM growth 3Y5.67%
OM growth 5Y2.23%
PM growth 3Y14.78%
PM growth 5Y5.11%
GM growth 3Y2.05%
GM growth 5Y0.87%
F-Score6
Asset Turnover0.66
Health
Industry RankSector Rank
Debt/Equity 0.83
Debt/FCF 5.19
Debt/EBITDA 2.14
Cap/Depr 112.57%
Cap/Sales 6.77%
Interest Coverage 250
Cash Conversion 69.97%
Profit Quality 78.27%
Current Ratio 1.7
Quick Ratio 1.33
Altman-Z 5.67
F-Score6
WACC14.47%
ROIC/WACC0.8
Cap/Depr(3y)88.71%
Cap/Depr(5y)80.52%
Cap/Sales(3y)5.47%
Cap/Sales(5y)5.12%
Profit Quality(3y)101.32%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)13.21%
EPS 3Y18.86%
EPS 5Y12.63%
EPS Q2Q%14.92%
EPS Next Y13.27%
EPS Next 2Y13.43%
EPS Next 3Y12.4%
EPS Next 5Y10.47%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%4.76%
Revenue Next Year6.34%
Revenue Next 2Y5.59%
Revenue Next 3Y6.08%
Revenue Next 5Y6.25%
EBIT growth 1Y9.72%
EBIT growth 3Y13.42%
EBIT growth 5Y3.35%
EBIT Next Year46.22%
EBIT Next 3Y20.53%
EBIT Next 5Y16.34%
FCF growth 1Y-8.82%
FCF growth 3Y8.64%
FCF growth 5Y2.35%
OCF growth 1Y8.71%
OCF growth 3Y10.92%
OCF growth 5Y3.06%

ECOLAB INC / ECJ.DE FAQ

What is the ChartMill fundamental rating of ECOLAB INC (ECJ.DE) stock?

ChartMill assigns a fundamental rating of 5 / 10 to ECJ.DE.


What is the valuation status for ECJ stock?

ChartMill assigns a valuation rating of 2 / 10 to ECOLAB INC (ECJ.DE). This can be considered as Overvalued.


How profitable is ECOLAB INC (ECJ.DE) stock?

ECOLAB INC (ECJ.DE) has a profitability rating of 8 / 10.


What is the expected EPS growth for ECOLAB INC (ECJ.DE) stock?

The Earnings per Share (EPS) of ECOLAB INC (ECJ.DE) is expected to grow by 13.27% in the next year.


Is the dividend of ECOLAB INC sustainable?

The dividend rating of ECOLAB INC (ECJ.DE) is 3 / 10 and the dividend payout ratio is 36.57%.