EVONIK INDUSTRIES AG (EVK.DE) Stock Fundamental Analysis
FRA:EVK - Deutsche Boerse Ag - DE000EVNK013 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to EVK. EVK was compared to 68 industry peers in the Chemicals industry. EVK has an average financial health and profitability rating. EVK has a decent growth rate and is not valued too expensively. Finally EVK also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
EVK had positive earnings in the past year.
In the past year EVK had a positive cash flow from operations.
Of the past 5 years EVK 4 years were profitable.
Each year in the past 5 years EVK had a positive operating cash flow.
1.2 Ratios
EVK's Return On Assets of 2.23% is fine compared to the rest of the industry. EVK outperforms 61.76% of its industry peers.
With a Return On Equity value of 4.99%, EVK perfoms like the industry average, outperforming 55.88% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.73%, EVK is in line with its industry, outperforming 50.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for EVK is below the industry average of 6.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.23% | ||
| ROE | 4.99% | ||
| ROIC | 2.73% |
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
Looking at the Profit Margin, with a value of 2.88%, EVK is in the better half of the industry, outperforming 60.29% of the companies in the same industry.
EVK's Profit Margin has declined in the last couple of years.
EVK has a Operating Margin (5.10%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of EVK has declined.
The Gross Margin of EVK (24.69%) is worse than 61.76% of its industry peers.
In the last couple of years the Gross Margin of EVK has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.1% | ||
| PM (TTM) | 2.88% | ||
| GM | 24.69% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EVK is destroying value.
The number of shares outstanding for EVK remains at a similar level compared to 1 year ago.
Compared to 5 years ago, EVK has about the same amount of shares outstanding.
The debt/assets ratio for EVK has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.00 indicates that EVK is not a great score, but indicates only limited risk for bankruptcy at the moment.
EVK has a Altman-Z score (2.00) which is in line with its industry peers.
The Debt to FCF ratio of EVK is 9.36, which is on the high side as it means it would take EVK, 9.36 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.36, EVK is in the better half of the industry, outperforming 63.24% of the companies in the same industry.
A Debt/Equity ratio of 0.42 indicates that EVK is not too dependend on debt financing.
EVK's Debt to Equity ratio of 0.42 is in line compared to the rest of the industry. EVK outperforms 57.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 9.36 | ||
| Altman-Z | 2 |
ROIC/WACC0.5
WACC5.47%
2.3 Liquidity
A Current Ratio of 1.45 indicates that EVK should not have too much problems paying its short term obligations.
EVK's Current ratio of 1.45 is on the low side compared to the rest of the industry. EVK is outperformed by 61.76% of its industry peers.
A Quick Ratio of 0.76 indicates that EVK may have some problems paying its short term obligations.
EVK's Quick ratio of 0.76 is on the low side compared to the rest of the industry. EVK is outperformed by 77.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.45 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
EVK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 533.24%, which is quite impressive.
EVK shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -36.21% yearly.
EVK shows a decrease in Revenue. In the last year, the revenue decreased by -2.62%.
EVK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.95% yearly.
EPS 1Y (TTM)533.24%
EPS 3Y-33.3%
EPS 5Y-36.21%
EPS Q2Q%2700%
Revenue 1Y (TTM)-2.62%
Revenue growth 3Y0.45%
Revenue growth 5Y2.95%
Sales Q2Q%-10.97%
3.2 Future
Based on estimates for the next years, EVK will show a small growth in Earnings Per Share. The EPS will grow by 4.15% on average per year.
The Revenue is expected to grow by 1.31% on average over the next years.
EPS Next Y-5.5%
EPS Next 2Y4.62%
EPS Next 3Y6.48%
EPS Next 5Y4.15%
Revenue Next Year-2.05%
Revenue Next 2Y0.3%
Revenue Next 3Y1.12%
Revenue Next 5Y1.31%
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
Based on the Price/Earnings ratio of 18.34, the valuation of EVK can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of EVK indicates a somewhat cheap valuation: EVK is cheaper than 69.12% of the companies listed in the same industry.
EVK is valuated rather cheaply when we compare the Price/Earnings ratio to 26.82, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 9.19, the valuation of EVK can be described as reasonable.
EVK's Price/Forward Earnings ratio is rather cheap when compared to the industry. EVK is cheaper than 89.71% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.24. EVK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.34 | ||
| Fwd PE | 9.19 |
4.2 Price Multiples
82.35% of the companies in the same industry are more expensive than EVK, based on the Enterprise Value to EBITDA ratio.
83.82% of the companies in the same industry are more expensive than EVK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.16 | ||
| EV/EBITDA | 6.08 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.62%
EPS Next 3Y6.48%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.99%, EVK is a good candidate for dividend investing.
EVK's Dividend Yield is rather good when compared to the industry average which is at 3.21. EVK pays more dividend than 95.59% of the companies in the same industry.
EVK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.99% |
5.2 History
The dividend of EVK has a limited annual growth rate of 0.33%.
Dividend Growth(5Y)0.33%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
EVK pays out 128.54% of its income as dividend. This is not a sustainable payout ratio.
EVK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP128.54%
EPS Next 2Y4.62%
EPS Next 3Y6.48%
FRA:EVK (8/18/2025, 7:00:00 PM)
16.69
+0.01 (+0.06%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners35.08%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap7.78B
Analysts74.29
Price Target22.2 (33.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.99% |
Yearly Dividend1.17
Dividend Growth(5Y)0.33%
DP128.54%
Div Incr Years0
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)-5.4%
Min Revenue beat(2)-7.65%
Max Revenue beat(2)-3.15%
Revenue beat(4)0
Avg Revenue beat(4)-3.83%
Min Revenue beat(4)-7.65%
Max Revenue beat(4)-1.61%
Revenue beat(8)0
Avg Revenue beat(8)-4.41%
Revenue beat(12)1
Avg Revenue beat(12)-2.79%
Revenue beat(16)5
Avg Revenue beat(16)-0.43%
PT rev (1m)-2.05%
PT rev (3m)-1.95%
EPS NQ rev (1m)-7.03%
EPS NQ rev (3m)-12.14%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-2.91%
Revenue NQ rev (3m)-7.78%
Revenue NY rev (1m)-3.13%
Revenue NY rev (3m)-3.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.34 | ||
| Fwd PE | 9.19 | ||
| P/S | 0.53 | ||
| P/FCF | 15.16 | ||
| P/OCF | 5.87 | ||
| P/B | 0.92 | ||
| P/tB | 2.34 | ||
| EV/EBITDA | 6.08 |
EPS(TTM)0.91
EY5.45%
EPS(NY)1.82
Fwd EY10.88%
FCF(TTM)1.1
FCFY6.6%
OCF(TTM)2.84
OCFY17.04%
SpS31.56
BVpS18.23
TBVpS7.12
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.23% | ||
| ROE | 4.99% | ||
| ROCE | 4.94% | ||
| ROIC | 2.73% | ||
| ROICexc | 2.89% | ||
| ROICexgc | 4.53% | ||
| OM | 5.1% | ||
| PM (TTM) | 2.88% | ||
| GM | 24.69% | ||
| FCFM | 3.49% |
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-Score6
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 9.36 | ||
| Debt/EBITDA | 1.94 | ||
| Cap/Depr | 73.68% | ||
| Cap/Sales | 5.52% | ||
| Interest Coverage | 7.28 | ||
| Cash Conversion | 71.54% | ||
| Profit Quality | 120.99% | ||
| Current Ratio | 1.45 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 2 |
F-Score6
WACC5.47%
ROIC/WACC0.5
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)533.24%
EPS 3Y-33.3%
EPS 5Y-36.21%
EPS Q2Q%2700%
EPS Next Y-5.5%
EPS Next 2Y4.62%
EPS Next 3Y6.48%
EPS Next 5Y4.15%
Revenue 1Y (TTM)-2.62%
Revenue growth 3Y0.45%
Revenue growth 5Y2.95%
Sales Q2Q%-10.97%
Revenue Next Year-2.05%
Revenue Next 2Y0.3%
Revenue Next 3Y1.12%
Revenue Next 5Y1.31%
EBIT growth 1Y-32.43%
EBIT growth 3Y-8.28%
EBIT growth 5Y-2.26%
EBIT Next Year99.34%
EBIT Next 3Y31.75%
EBIT Next 5Y18.67%
FCF growth 1Y-27.54%
FCF growth 3Y-2.37%
FCF growth 5Y14.63%
OCF growth 1Y-20.9%
OCF growth 3Y-1.91%
OCF growth 5Y5.33%