Dow Valuation

Is 2OY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 2OY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2OY (€38.45) is trading below our estimate of fair value (€159.92)

Significantly Below Fair Value: 2OY is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2OY?

Key metric: As 2OY is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2OY. This is calculated by dividing 2OY's market cap by their current earnings.
What is 2OY's PE Ratio?
PE Ratio27.1x
EarningsUS$1.05b
Market CapUS$28.18b

Price to Earnings Ratio vs Peers

How does 2OY's PE Ratio compare to its peers?

The above table shows the PE ratio for 2OY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.2x
FPE3 Fuchs
18.1x8.6%€4.8b
BAS BASF
78.4x31.4%€38.9b
SIM0 SIMONA
11xn/a€342.0m
SY1 Symrise
37.3x13.6%€14.6b
2OY Dow
27.1x28.0%€28.2b

Price-To-Earnings vs Peers: 2OY is good value based on its Price-To-Earnings Ratio (27.1x) compared to the peer average (36.2x).


Price to Earnings Ratio vs Industry

How does 2OY's PE Ratio compare vs other companies in the European Chemicals Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
2OY 27.1xIndustry Avg. 17.0xNo. of Companies12PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2OY is expensive based on its Price-To-Earnings Ratio (27.1x) compared to the European Chemicals industry average (17.2x).


Price to Earnings Ratio vs Fair Ratio

What is 2OY'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.

2OY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2OY's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

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

The above table shows the analyst 2OY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€38.45
€51.07
+32.8%
10.9%€66.75€42.91n/a18
Dec ’25€42.17
€53.32
+26.4%
8.2%€66.26€47.33n/a18
Nov ’25€45.46
€52.44
+15.4%
7.7%€64.46€46.96n/a19
Oct ’25€48.62
€52.15
+7.3%
8.3%€64.79€46.79n/a20
Sep ’25€48.44
€52.85
+9.1%
7.3%€64.33€46.46n/a20
Aug ’25€50.91
€54.29
+6.6%
6.4%€62.63€47.89n/a20
Jul ’25€48.81
€57.04
+16.9%
6.3%€63.48€48.54n/a20
Jun ’25€53.07
€56.62
+6.7%
6.1%€62.61€47.88n/a20
May ’25€53.54
€57.02
+6.5%
6.4%€63.42€48.50n/a21
Apr ’25n/a
€54.41
0%
7.9%€63.31€48.41n/a20
Mar ’25€51.44
€53.60
+4.2%
7.4%€63.12€48.27n/a20
Feb ’25€48.08
€53.36
+11.0%
7.3%€62.78€48.01n/a20
Jan ’25€49.76
€51.29
+3.1%
7.6%€63.20€44.88n/a20
Dec ’24€47.68
€52.03
+9.1%
7.8%€64.35€45.70€42.1720
Nov ’24€45.40
€52.91
+16.5%
7.9%€65.29€46.36€45.4620
Oct ’24€48.35
€52.74
+9.1%
9.6%€67.38€43.99€48.6221
Sep ’24€49.96
€51.73
+3.5%
9.8%€65.69€42.88€48.4422
Aug ’24€50.74
€51.56
+1.6%
9.6%€65.31€42.63€50.9123
Jul ’24€47.18
€52.32
+10.9%
9.9%€65.97€43.06€48.8125
Jun ’24€45.46
€54.37
+19.6%
10.5%€67.37€43.98€53.0724
May ’24€49.58
€52.91
+6.7%
10.6%€65.32€42.64€53.5422
Apr ’24€49.61
€54.03
+8.9%
12.1%€66.92€40.89n/a22
Mar ’24€53.91
€54.10
+0.4%
13.1%€67.11€36.35€51.4422
Feb ’24€53.74
€51.93
-3.4%
14.0%€66.23€35.88€48.0822
Jan ’24€47.76
€48.50
+1.5%
14.6%€65.09€36.79€49.7622
Dec ’23€48.45
€50.57
+4.4%
12.6%€65.81€39.48€47.6822

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 07:43
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dow Inc. is covered by 38 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAlembic Global Advisors
null nullArgus Research Company
William SeleskyArgus Research Company