WACKER CHEMIE AG (WCH.DE) Stock Fundamental Analysis
Europe - FRA:WCH - DE000WCH8881 - Common Stock
64.3 EUR
-2.65 (-3.96%)
WCH gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 71 industry peers in the Chemicals industry. WCH has an average financial health and profitability rating. WCH does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year WCH was profitable.
In the past year WCH had a positive cash flow from operations.
WCH had positive earnings in each of the past 5 years.
Each year in the past 5 years WCH had a positive operating cash flow.
1.2 Ratios
WCH has a Return On Assets (1.77%) which is comparable to the rest of the industry.
WCH has a Return On Equity of 3.59%. This is comparable to the rest of the industry: WCH outperforms 52.11% of its industry peers.
WCH has a Return On Invested Capital (2.08%) which is comparable to the rest of the industry.
WCH had an Average Return On Invested Capital over the past 3 years of 8.12%. This is in line with the industry average of 6.85%.
The 3 year average ROIC (8.12%) for WCH is well above the current ROIC(2.08%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.77% | ||
| ROE | 3.59% | ||
| ROIC | 2.08% |
ROA(3y)6.47%
ROA(5y)6.41%
ROE(3y)12.66%
ROE(5y)15.27%
ROIC(3y)8.12%
ROIC(5y)9.02%
1.3 Margins
WCH's Profit Margin of 1.82% is in line compared to the rest of the industry. WCH outperforms 50.70% of its industry peers.
In the last couple of years the Profit Margin of WCH has declined.
The Operating Margin of WCH (2.17%) is comparable to the rest of the industry.
WCH's Operating Margin has improved in the last couple of years.
WCH has a Gross Margin of 15.33%. This is in the lower half of the industry: WCH underperforms 74.65% of its industry peers.
In the last couple of years the Gross Margin of WCH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.17% | ||
| PM (TTM) | 1.82% | ||
| GM | 15.33% |
OM growth 3Y-35.5%
OM growth 5Y4.99%
PM growth 3Y-31.32%
PM growth 5YN/A
GM growth 3Y-13.82%
GM growth 5Y1.13%
2. Health
2.1 Basic Checks
WCH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, WCH has about the same amount of shares outstanding.
The number of shares outstanding for WCH remains at a similar level compared to 5 years ago.
The debt/assets ratio for WCH is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.47 indicates that WCH is not a great score, but indicates only limited risk for bankruptcy at the moment.
WCH has a Altman-Z score (2.47) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.41 indicates that WCH is not too dependend on debt financing.
The Debt to Equity ratio of WCH (0.41) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.47 |
ROIC/WACC0.34
WACC6.11%
2.3 Liquidity
WCH has a Current Ratio of 2.89. This indicates that WCH is financially healthy and has no problem in meeting its short term obligations.
WCH has a Current ratio of 2.89. This is amongst the best in the industry. WCH outperforms 85.92% of its industry peers.
A Quick Ratio of 1.54 indicates that WCH should not have too much problems paying its short term obligations.
WCH's Quick ratio of 1.54 is fine compared to the rest of the industry. WCH outperforms 73.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.89 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
WCH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.24%, which is quite good.
WCH shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -33.20% yearly.
Looking at the last year, WCH shows a very negative growth in Revenue. The Revenue has decreased by -10.63% in the last year.
WCH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.03% yearly.
EPS 1Y (TTM)9.24%
EPS 3Y-33.2%
EPS 5YN/A
EPS Q2Q%-184.48%
Revenue 1Y (TTM)-10.63%
Revenue growth 3Y-2.68%
Revenue growth 5Y3.03%
Sales Q2Q%-3.75%
3.2 Future
WCH is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.76% yearly.
Based on estimates for the next years, WCH will show a small growth in Revenue. The Revenue will grow by 1.96% on average per year.
EPS Next Y-85.49%
EPS Next 2Y-20.34%
EPS Next 3Y-1.81%
EPS Next 5Y-8.76%
Revenue Next Year-3%
Revenue Next 2Y0.66%
Revenue Next 3Y2.15%
Revenue Next 5Y1.96%
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
The Price/Earnings ratio is 23.64, which indicates a rather expensive current valuation of WCH.
Compared to the rest of the industry, the Price/Earnings ratio of WCH is on the same level as its industry peers.
WCH's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.02.
The Price/Forward Earnings ratio is 20.94, which indicates a rather expensive current valuation of WCH.
The rest of the industry has a similar Price/Forward Earnings ratio as WCH.
WCH is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.64 | ||
| Fwd PE | 20.94 |
4.2 Price Multiples
WCH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. WCH is cheaper than 78.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.45 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-20.34%
EPS Next 3Y-1.81%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.75%, WCH has a reasonable but not impressive dividend return.
WCH's Dividend Yield is a higher than the industry average which is at 3.05.
WCH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.75% |
5.2 History
The dividend of WCH has a limited annual growth rate of 3.71%.
Dividend Growth(5Y)3.71%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
WCH pays out 79.77% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of WCH has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP79.77%
EPS Next 2Y-20.34%
EPS Next 3Y-1.81%
FRA:WCH (10/10/2025, 7:00:00 PM)
64.3
-2.65 (-3.96%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners12.41%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.35B
Analysts74.29
Price Target74.4 (15.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.75% |
Yearly Dividend3
Dividend Growth(5Y)3.71%
DP79.77%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-198.71%
Min EPS beat(2)-210.78%
Max EPS beat(2)-186.65%
EPS beat(4)1
Avg EPS beat(4)-95.98%
Min EPS beat(4)-210.78%
Max EPS beat(4)18.83%
EPS beat(8)2
Avg EPS beat(8)-54.01%
EPS beat(12)4
Avg EPS beat(12)-33.97%
EPS beat(16)8
Avg EPS beat(16)-22.24%
Revenue beat(2)1
Avg Revenue beat(2)-0.18%
Min Revenue beat(2)-3.16%
Max Revenue beat(2)2.8%
Revenue beat(4)1
Avg Revenue beat(4)-1.28%
Min Revenue beat(4)-3.16%
Max Revenue beat(4)2.8%
Revenue beat(8)1
Avg Revenue beat(8)-1.63%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4.81%
PT rev (3m)-14.66%
EPS NQ rev (1m)-7076.14%
EPS NQ rev (3m)-121.42%
EPS NY rev (1m)-30.21%
EPS NY rev (3m)-80.2%
Revenue NQ rev (1m)-2.99%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.82%
Revenue NY rev (3m)-8.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.64 | ||
| Fwd PE | 20.94 | ||
| P/S | 0.39 | ||
| P/FCF | N/A | ||
| P/OCF | 11.15 | ||
| P/B | 0.77 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 6.45 |
EPS(TTM)2.72
EY4.23%
EPS(NY)3.07
Fwd EY4.78%
FCF(TTM)-6.49
FCFYN/A
OCF(TTM)5.77
OCFY8.97%
SpS164.21
BVpS83.22
TBVpS78.15
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.77% | ||
| ROE | 3.59% | ||
| ROCE | 2.47% | ||
| ROIC | 2.08% | ||
| ROICexc | 2.36% | ||
| ROICexgc | 2.46% | ||
| OM | 2.17% | ||
| PM (TTM) | 1.82% | ||
| GM | 15.33% | ||
| FCFM | N/A |
ROA(3y)6.47%
ROA(5y)6.41%
ROE(3y)12.66%
ROE(5y)15.27%
ROIC(3y)8.12%
ROIC(5y)9.02%
ROICexc(3y)10.44%
ROICexc(5y)11.8%
ROICexgc(3y)10.89%
ROICexgc(5y)12.12%
ROCE(3y)9.6%
ROCE(5y)10.67%
ROICexcg growth 3Y-43.15%
ROICexcg growth 5Y3.81%
ROICexc growth 3Y-43.8%
ROICexc growth 5Y3.01%
OM growth 3Y-35.5%
OM growth 5Y4.99%
PM growth 3Y-31.32%
PM growth 5YN/A
GM growth 3Y-13.82%
GM growth 5Y1.13%
F-Score5
Asset Turnover0.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.6 | ||
| Cap/Depr | 128.11% | ||
| Cap/Sales | 7.46% | ||
| Interest Coverage | 2.98 | ||
| Cash Conversion | 43.96% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.89 | ||
| Quick Ratio | 1.54 | ||
| Altman-Z | 2.47 |
F-Score5
WACC6.11%
ROIC/WACC0.34
Cap/Depr(3y)143.39%
Cap/Depr(5y)113.16%
Cap/Sales(3y)9.4%
Cap/Sales(5y)7.64%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.24%
EPS 3Y-33.2%
EPS 5YN/A
EPS Q2Q%-184.48%
EPS Next Y-85.49%
EPS Next 2Y-20.34%
EPS Next 3Y-1.81%
EPS Next 5Y-8.76%
Revenue 1Y (TTM)-10.63%
Revenue growth 3Y-2.68%
Revenue growth 5Y3.03%
Sales Q2Q%-3.75%
Revenue Next Year-3%
Revenue Next 2Y0.66%
Revenue Next 3Y2.15%
Revenue Next 5Y1.96%
EBIT growth 1Y-21.61%
EBIT growth 3Y-37.23%
EBIT growth 5Y8.18%
EBIT Next Year98.45%
EBIT Next 3Y40.44%
EBIT Next 5Y23%
FCF growth 1Y-173.52%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-70.54%
OCF growth 3Y-33.69%
OCF growth 5Y-12.49%