Brenntag
Market Cap
€10.3b
Last Updated
2021/01/16 18:52 UTC
Data Sources
Company Financials +
Executive Summary
Brenntag AG purchases and supplies industrial and specialty chemicals, and ingredients in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Brenntag's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BNR is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BNR's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-2.0%
BNR
-2.0%
DE Trade Distributors
-1.2%
DE Market
1 Year Return
37.1%
BNR
33.9%
DE Trade Distributors
2.3%
DE Market
Return vs Industry: BNR exceeded the German Trade Distributors industry which returned 33.8% over the past year.
Return vs Market: BNR exceeded the German Market which returned 2.3% over the past year.
Shareholder returns
| BNR | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | -2.0% | -1.2% |
| 30 Day | 3.5% | 2.4% | 1.8% |
| 90 Day | 19.8% | 19.7% | 8.1% |
| 1 Year | 40.6%37.1% | 37.1%33.9% | 5.6%2.3% |
| 3 Year | 32.4%22.8% | 25.5%16.3% | 3.6%-5.5% |
| 5 Year | 71.9%52.6% | 63.1%44.8% | 41.3%21.3% |
Long-Term Price Volatility Vs. Market
How volatile is Brenntag's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Is Brenntag (ETR:BNR) Using Too Much Debt?2 weeks ago | Simply Wall St
What Kind Of Shareholders Own Brenntag AG (ETR:BNR)?3 weeks ago | Simply Wall St
Does Brenntag's (ETR:BNR) Statutory Profit Adequately Reflect Its Underlying Profit?Valuation
Is Brenntag undervalued compared to its fair value and its price relative to the market?
22.22x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BNR (€66.9) is trading above our estimate of fair value (€66.27)
Significantly Below Fair Value: BNR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BNR is poor value based on its PE Ratio (22.2x) compared to the DE Trade Distributors industry average (22.1x).
PE vs Market: BNR is good value based on its PE Ratio (22.2x) compared to the German market (23.9x).
Price to Earnings Growth Ratio
PEG Ratio: BNR is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: BNR is overvalued based on its PB Ratio (3x) compared to the DE Trade Distributors industry average (1.4x).
Next Steps
Future Growth
How is Brenntag forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
7.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BNR's forecast earnings growth (7.5% per year) is above the savings rate (0.07%).
Earnings vs Market: BNR's earnings (7.5% per year) are forecast to grow slower than the German market (25.3% per year).
High Growth Earnings: BNR's earnings are forecast to grow, but not significantly.
Revenue vs Market: BNR's revenue (3.8% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: BNR's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BNR's Return on Equity is forecast to be low in 3 years time (15.2%).
Next Steps
Past Performance
How has Brenntag performed over the past 5 years?
7.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BNR has high quality earnings.
Growing Profit Margin: BNR's current net profit margins (3.9%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: BNR's earnings have grown by 7.2% per year over the past 5 years.
Accelerating Growth: BNR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BNR had negative earnings growth (-3.9%) over the past year, making it difficult to compare to the Trade Distributors industry average (-25.9%).
Return on Equity
High ROE: BNR's Return on Equity (13.2%) is considered low.
Next Steps
Financial Health
How is Brenntag's financial position?
Financial Position Analysis
Short Term Liabilities: BNR's short term assets (€3.8B) exceed its short term liabilities (€2.0B).
Long Term Liabilities: BNR's short term assets (€3.8B) exceed its long term liabilities (€2.8B).
Debt to Equity History and Analysis
Debt Level: BNR's debt to equity ratio (57.1%) is considered high.
Reducing Debt: BNR's debt to equity ratio has reduced from 68.9% to 57.1% over the past 5 years.
Debt Coverage: BNR's debt is well covered by operating cash flow (57.9%).
Interest Coverage: BNR's interest payments on its debt are well covered by EBIT (9.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Brenntag current dividend yield, its reliability and sustainability?
1.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BNR's dividend (1.87%) is higher than the bottom 25% of dividend payers in the German market (1.02%).
High Dividend: BNR's dividend (1.87%) is low compared to the top 25% of dividend payers in the German market (3.51%).
Stability and Growth of Payments
Stable Dividend: BNR's dividends per share have been stable in the past 10 years.
Growing Dividend: BNR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.5%), BNR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BNR's dividends in 3 years are forecast to be well covered by earnings (37.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.5yrs
Average management tenure
CEO
Christian Kohlpaintner (57 yo)
1
Tenure
Dr. Christian Kohlpaintner is Chairman of the Management Board and Chief Executive Officer of Brenntag AG since joining on January 1, 2020. The Ph.D. chemist has more than 25 years of management experience...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Member of Board of Management | 8.5yrs | €2.40m | no data | |
| Member of Board of Management & CEO of Asia Pacific Region | 5.5yrs | €2.34m | no data | |
| Chairman of the Management Board & CEO | 1yr | no data | no data | |
| Member of the Management Board | 0.42yr | no data | no data | |
| Vice President of Corporate Finance & Investor Relations | no data | no data | no data | |
| Chief Human Resources Officer | 5.75yrs | no data | no data | |
| Head of Laboratory & Qualified Person | no data | no data | no data |
5.5yrs
Average Tenure
57yo
Average Age
Experienced Management: BNR's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Deputy Chairman of Supervisory Board | 3.58yrs | €160.00k | no data | |
| Independent Member of Supervisory Board | 3.58yrs | €205.00k | no data | |
| Independent Chairwoman of Supervisory Board | 0.58yr | €145.00k | no data | |
| Member of Supervisory Board | 0.58yr | no data | no data | |
| Independent Member of Supervisory Board | 3.58yrs | €130.00k | no data | |
| Independent Member of Supervisory Board | 5.58yrs | €145.00k | no data |
3.6yrs
Average Tenure
60yo
Average Age
Experienced Board: BNR's board of directors are considered experienced (3.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Brenntag AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Brenntag AG
- Ticker: BNR
- Exchange: XTRA
- Founded: 1874
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: €10.336b
- Shares outstanding: 154.50m
- Website: https://www.brenntag.com
Number of Employees
Location
- Brenntag AG
- Messeallee 11
- Essen
- North Rhine-Westphalia
- 45131
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BNR | DB (Deutsche Boerse AG) | Yes | Ordinary Registered Shares | DE | EUR | Mar 2010 |
| BNR | XTRA (XETRA Trading Platform) | Yes | Ordinary Registered Shares | DE | EUR | Mar 2010 |
| 0MPT | LSE (London Stock Exchange) | Yes | Ordinary Registered Shares | GB | EUR | Mar 2010 |
| BNTG.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Registered Shares | US | USD | Mar 2010 |
| BNRD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Registered Shares | GB | EUR | Mar 2010 |
| BNR | SWX (SIX Swiss Exchange) | Yes | Ordinary Registered Shares | CH | CHF | Mar 2010 |
| BNR | WBAG (Wiener Boerse AG) | Yes | Ordinary Registered Shares | AT | EUR | Mar 2010 |
| BNR N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Registered Shares | MX | MXN | Mar 2010 |
| BNTG.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Nov 2011 | |
| BNRA | BST (Boerse-Stuttgart) | UNSPONSORD ADR | DE | EUR | Nov 2011 |
Biography
Brenntag AG purchases and supplies industrial and specialty chemicals, and ingredients in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. It provides v...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 18:52 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.