Evonik Industries AG

BRSE:018699457 Stock Report

Market Cap: CHF 7.7b

Evonik Industries Valuation

Is 018699457 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 018699457 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 018699457 (CHF35.89) is trading below our estimate of fair value (CHF89.98)

Significantly Below Fair Value: 018699457 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 018699457?

Key metric: As 018699457 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 018699457. This is calculated by dividing 018699457's market cap by their current earnings.
What is 018699457's PE Ratio?
PE Ratio35.9x
Earnings€229.00m
Market Cap€8.22b

Price to Earnings Ratio vs Peers

How does 018699457's PE Ratio compare to its peers?

The above table shows the PE ratio for 018699457 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.9x
EMSN EMS-CHEMIE HOLDING
32.2x8.8%CHF 14.9b
CLN Clariant
31.1x29.4%CHF 3.7b
GIVN Givaudan
34.1x6.1%CHF 35.2b
SIKA Sika
30.1x9.0%CHF 37.6b
018699457 Evonik Industries
35.9x33.1%CHF 8.2b

Price-To-Earnings vs Peers: 018699457 is expensive based on its Price-To-Earnings Ratio (35.9x) compared to the peer average (31.9x).

Price to Earnings Ratio vs Industry

How does 018699457's PE Ratio compare vs other companies in the European Chemicals Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
018699457 35.9xIndustry Avg. 17.1xNo. of Companies11PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 018699457 is expensive based on its Price-To-Earnings Ratio (35.9x) compared to the European Chemicals industry average (17.9x).

Price to Earnings Ratio vs Fair Ratio

What is 018699457's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

018699457 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35.9x
Fair PE Ratio27.2x

Price-To-Earnings vs Fair Ratio: 018699457 is expensive based on its Price-To-Earnings Ratio (35.9x) compared to the estimated Fair Price-To-Earnings Ratio (27.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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