EVONIK INDUSTRIES AG (EVK.DE) Stock Fundamental Analysis
FRA:EVK - Deutsche Boerse Ag - DE000EVNK013 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to EVK. EVK was compared to 66 industry peers in the Chemicals industry. While EVK seems to be doing ok healthwise, there are quite some concerns on its profitability. EVK has a decent growth rate and is not valued too expensively. EVK also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
EVK had positive earnings in the past year.
EVK had a positive operating cash flow in the past year.
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 1.48% is in line compared to the rest of the industry. EVK outperforms 57.58% of its industry peers.
The Return On Equity of EVK (3.26%) is comparable to the rest of the industry.
The Return On Invested Capital of EVK (2.08%) is comparable to the rest of the industry.
EVK had an Average Return On Invested Capital over the past 3 years of 3.31%. This is below the industry average of 6.30%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.48% | ||
| ROE | 3.26% | ||
| ROIC | 2.08% |
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
EVK's Profit Margin of 1.98% is in line compared to the rest of the industry. EVK outperforms 54.55% of its industry peers.
EVK's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 3.99%, EVK is in line with its industry, outperforming 51.52% of the companies in the same industry.
EVK's Operating Margin has declined in the last couple of years.
EVK has a worse Gross Margin (24.74%) than 60.61% of its industry peers.
In the last couple of years the Gross Margin of EVK has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.99% | ||
| PM (TTM) | 1.98% | ||
| GM | 24.74% |
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
EVK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
Compared to 1 year ago, EVK has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.03 indicates that EVK is not a great score, but indicates only limited risk for bankruptcy at the moment.
EVK's Altman-Z score of 2.03 is in line compared to the rest of the industry. EVK outperforms 46.97% of its industry peers.
The Debt to FCF ratio of EVK is 4.86, which is a neutral value as it means it would take EVK, 4.86 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.86, EVK is in the better half of the industry, outperforming 75.76% of the companies in the same industry.
EVK has a Debt/Equity ratio of 0.40. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.40, EVK perfoms like the industry average, outperforming 56.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 2.03 |
ROIC/WACC0.38
WACC5.52%
2.3 Liquidity
A Current Ratio of 1.53 indicates that EVK should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.53, EVK is in line with its industry, outperforming 40.91% of the companies in the same industry.
EVK has a Quick Ratio of 1.53. This is a bad value and indicates that EVK is not financially healthy enough and could expect problems in meeting its short term obligations.
EVK's Quick ratio of 0.87 is on the low side compared to the rest of the industry. EVK is outperformed by 71.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
EVK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 181.89%, which is quite impressive.
The earnings per share for EVK have been decreasing by -36.21% on average. This is quite bad
The Revenue has been growing slightly by 0.53% in the past year.
The Revenue has been growing slightly by 2.95% on average over the past years.
EPS 1Y (TTM)181.89%
EPS 3Y-33.3%
EPS 5Y-36.21%
EPS Q2Q%51.52%
Revenue 1Y (TTM)0.53%
Revenue growth 3Y0.45%
Revenue growth 5Y2.95%
Sales Q2Q%-0.5%
3.2 Future
The Earnings Per Share is expected to grow by 5.47% on average over the next years.
EVK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.55% yearly.
EPS Next Y-5.5%
EPS Next 2Y4.62%
EPS Next 3Y6.48%
EPS Next 5Y5.47%
Revenue Next Year1.11%
Revenue Next 2Y2.12%
Revenue Next 3Y2.42%
Revenue Next 5Y2.55%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 31.25 indicates a quite expensive valuation of EVK.
EVK's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of EVK to the average of the S&P500 Index (25.82), we can say EVK is valued slightly more expensively.
The Price/Forward Earnings ratio is 11.02, which indicates a very decent valuation of EVK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EVK indicates a rather cheap valuation: EVK is cheaper than 81.82% of the companies listed in the same industry.
EVK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.25 | ||
| Fwd PE | 11.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EVK indicates a somewhat cheap valuation: EVK is cheaper than 74.24% of the companies listed in the same industry.
EVK's Price/Free Cash Flow ratio is rather cheap when compared to the industry. EVK is cheaper than 86.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.9 | ||
| EV/EBITDA | 7.14 |
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 5.84%, EVK is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.12, EVK pays a better dividend. On top of this EVK pays more dividend than 95.45% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, EVK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
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 Years3
5.3 Sustainability
EVK pays out 182.27% of its income as dividend. This is not a sustainable payout ratio.
The dividend of EVK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP182.27%
EPS Next 2Y4.62%
EPS Next 3Y6.48%
FRA:EVK (5/23/2025, 7:00:00 PM)
20
-0.2 (-0.99%)
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 Cap9.32B
Analysts73.04
Price Target22.64 (13.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
Yearly Dividend1.17
Dividend Growth(5Y)0.33%
DP182.27%
Div Incr Years0
Div Non Decr Years3
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)-2.38%
Min Revenue beat(2)-3.15%
Max Revenue beat(2)-1.61%
Revenue beat(4)0
Avg Revenue beat(4)-2.39%
Min Revenue beat(4)-3.15%
Max Revenue beat(4)-1.61%
Revenue beat(8)0
Avg Revenue beat(8)-4.12%
Revenue beat(12)2
Avg Revenue beat(12)-1.63%
Revenue beat(16)6
Avg Revenue beat(16)0.32%
PT rev (1m)-1.82%
PT rev (3m)3.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.96%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.19%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.25 | ||
| Fwd PE | 11.02 | ||
| P/S | 0.62 | ||
| P/FCF | 9.9 | ||
| P/OCF | 5.42 | ||
| P/B | 1.01 | ||
| P/tB | 2.48 | ||
| EV/EBITDA | 7.14 |
EPS(TTM)0.64
EY3.2%
EPS(NY)1.82
Fwd EY9.08%
FCF(TTM)2.02
FCFY10.1%
OCF(TTM)3.69
OCFY18.45%
SpS32.48
BVpS19.71
TBVpS8.07
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.48% | ||
| ROE | 3.26% | ||
| ROCE | 3.76% | ||
| ROIC | 2.08% | ||
| ROICexc | 2.26% | ||
| ROICexgc | 3.58% | ||
| OM | 3.99% | ||
| PM (TTM) | 1.98% | ||
| GM | 24.74% | ||
| FCFM | 6.22% |
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-Score7
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.86 | ||
| Debt/EBITDA | 2.14 | ||
| Cap/Depr | 71.34% | ||
| Cap/Sales | 5.15% | ||
| Interest Coverage | 5.7 | ||
| Cash Conversion | 101.42% | ||
| Profit Quality | 314.72% | ||
| Current Ratio | 1.53 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 2.03 |
F-Score7
WACC5.52%
ROIC/WACC0.38
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)181.89%
EPS 3Y-33.3%
EPS 5Y-36.21%
EPS Q2Q%51.52%
EPS Next Y-5.5%
EPS Next 2Y4.62%
EPS Next 3Y6.48%
EPS Next 5Y5.47%
Revenue 1Y (TTM)0.53%
Revenue growth 3Y0.45%
Revenue growth 5Y2.95%
Sales Q2Q%-0.5%
Revenue Next Year1.11%
Revenue Next 2Y2.12%
Revenue Next 3Y2.42%
Revenue Next 5Y2.55%
EBIT growth 1Y-20.94%
EBIT growth 3Y-8.28%
EBIT growth 5Y-2.26%
EBIT Next Year104.97%
EBIT Next 3Y31.84%
EBIT Next 5Y19.08%
FCF growth 1Y39.82%
FCF growth 3Y-2.37%
FCF growth 5Y14.63%
OCF growth 1Y9.69%
OCF growth 3Y-1.91%
OCF growth 5Y5.33%