Executive Summary
BASF SE operates as a chemical company worldwide.
Snowflake
Fundamentals
Established dividend payer with adequate balance sheet.
Similar Companies
Share Price & News
How has BASF's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
6.7%
BAS
4.9%
DE Chemicals
4.1%
DE Market
1 Year Return
-4.1%
BAS
-4.0%
DE Chemicals
2.4%
DE Market
Return vs Industry: BAS exceeded the German Chemicals industry which returned -4% over the past year.
Return vs Market: BAS underperformed the German Market which returned 2.4% over the past year.
Shareholder returns
| BAS | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.7% | 4.9% | 4.1% |
| 30 Day | 0.8% | 0.06% | 1.7% |
| 90 Day | 9.6% | 4.8% | 3.7% |
| 1 Year | 0.3%-4.1% | -0.2%-4.0% | 5.6%2.4% |
| 3 Year | -6.1%-16.3% | 8.6%-1.4% | 19.2%8.9% |
| 5 Year | 14.1%-5.5% | 27.5%8.8% | 43.2%23.7% |
Price Volatility Vs. Market
How volatile is BASF's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is BASF undervalued compared to its fair value and its price relative to the market?
24.35x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: BAS (€66.21) is trading above our estimate of fair value (€49.87)
Significantly Undervalued: BAS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BAS is poor value based on its PE Ratio (24.4x) compared to the Chemicals industry average (20.7x).
PE vs Market: BAS is poor value based on its PE Ratio (24.4x) compared to the German market (19.5x).
Price to Earnings Growth Ratio
Low PEG Ratio: BAS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BAS is good value based on its PB Ratio (1.5x) compared to the DE Chemicals industry average (1.8x).
Next Steps
Future Growth
How is BASF forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?
-22.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BAS's earnings are forecast to decline over the next 3 years (-22.5% per year).
Earnings vs Market: BAS's earnings are forecast to decline over the next 3 years (-22.5% per year).
High Growth Earnings: BAS's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BAS's revenue (3.4% per year) is forecast to grow slower than the German market (5% per year).
High Growth Revenue: BAS's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: BAS's Return on Equity is forecast to be low in 3 years time (11%).
Next Steps
Past Performance
How has BASF performed over the past 5 years?
-4.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: BAS's earnings have declined by -4% per year over the past 5 years.
Accelerating Growth: BAS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BAS had negative earnings growth (-52.1%) over the past year, making it difficult to compare to the Chemicals industry average (-2.1%).
Return on Equity
High ROE: BAS's Return on Equity (6.5%) is considered low.
Return on Assets
ROA vs Industry: BAS's Return on Assets is below or equal to the Chemicals industry average last year.
Return on Capital Employed
ROCE Improving: BAS's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is BASF's financial position?
Financial Position Analysis
Short Term Liabilities: BAS's short term assets (€29.5B) exceeds its short term liabilities (€17.5B)
Long Term Liabilities: BAS's short term assets (29.5B) do not cover its long term liabilities (30.4B)
Debt to Equity History and Analysis
Debt Level: BAS's debt to equity ratio (51.2%) is considered high
Reducing Debt: BAS's debt to equity ratio has reduced from 62.9% to 51.2% over the past 5 years.
Debt Coverage: BAS's debt is well covered by operating cash flow (32.5%).
Interest Coverage: BAS's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
Inventory Level: BAS has a high level of physical assets or inventory.
Debt Coverage by Assets: BAS's debt is covered by short term assets (assets are 1.409310x debt).
Next Steps
Dividend
What is BASF's current dividend yield, its reliability and sustainability?
4.83%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: BAS's dividend (4.83%) is higher than the bottom 25% of dividend payers in the German market (1.45%).
High Dividend: BAS's dividend (4.83%) is in the top 25% of dividend payers in the German market (3.78%)
Stable Dividend: BAS's dividends per share have been stable in the past 10 years.
Growing Dividend: BAS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (117.7%), BAS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BAS's dividends in 3 years are forecast to be covered by earnings (67.6% payout ratio).
Next Steps
Management
What is the CEO of BASF's salary, the management and board of directors tenure and is there insider trading?
2.5yrs
Average management tenure
CEO
Martin Brudermüller (58yo)
1.4yrs
Tenure
€6,382,000
Compensation
Dr. Martin Brudermüller has been the Chairman of the Board of Executive Directors at BASF SE since May 6, 2011 and has been its Member of The Board of Executive Directors since January 1, 2006 and has been ...
CEO Compensation Analysis
Compensation vs. Market: Martin has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the German market.
Compensation vs Earnings: Martin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
2.5yrs
Average Tenure
53yo
Average Age
Experienced Management: BAS's management team is considered experienced (2.5 years average tenure).
Board Age and Tenure
8.8yrs
Average Tenure
62yo
Average Age
Experienced Board: BAS's board of directors are considered experienced (8.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Michael Heinz (55yo)
Member of the Board of Executive Directors
- Tenure: 8.4yrs
- Compensation: €3.76m
Martin Brudermüller (58yo)
Chairman of Management Board
- Tenure: 1.4yrs
- Compensation: €6.38m
Hans-Ulrich Engel (60yo)
CFO & Vice Chairman of Board of Executive Directors
- Tenure: 1.4yrs
- Compensation: €4.32m
Wayne Smith (59yo)
Member of Board of Executive Directors
- Tenure: 7.5yrs
- Compensation: €4.16m
Saori Dubourg (48yo)
Member of the Board of Executive Directors
- Tenure: 2.4yrs
- Compensation: €3.82m
Beck Beckmann
Senior VP of Global Process/Enterprise Architecture & Region Europe and Chief Information Officer
- Tenure: 1.8yrs
Sanjeev Gandhi (53yo)
Member of Board of Executive Directors
- Tenure: 4.8yrs
- Compensation: €5.45m
Stefanie Wettberg (46yo)
Senior Vice President of Investor Relations
- Tenure: 3.4yrs
Markus Kamieth (49yo)
Member of the Board of Executive Directors
- Tenure: 2.4yrs
- Compensation: €3.96m
Juliana Ernst (48yo)
Head of Media Relations
- Tenure: 2.6yrs
Board Members
Jürgen Strube (79yo)
Honorary Chairman of the Supervisory Board
- Tenure: 10.4yrs
Jürgen Hambrecht (73yo)
Chairman of the Supervisory Board
- Tenure: 0yrs
- Compensation: €550.00k
Alison Carnwath (66yo)
Member of the Supervisory Board
- Tenure: 5.4yrs
- Compensation: €312.50k
Franz Fehrenbach (70yo)
Member of the Supervisory Board
- Tenure: 11.8yrs
- Compensation: €250.00k
Michael Vassiliadis (55yo)
Member of the Supervisory Board
- Tenure: 15.2yrs
- Compensation: €275.00k
Anke Schäferkordt (57yo)
Member of the Supervisory Board
- Tenure: 8.8yrs
- Compensation: €200.00k
Denise Schellemans (58yo)
Member of the Supervisory Board
- Tenure: 11.8yrs
- Compensation: €200.00k
Ken Lane
President of Global Catalysts Division
- Tenure: 6.3yrs
Waldemar Helber (62yo)
Member of the Supervisory Board
- Tenure: 3.5yrs
- Compensation: €208.30k
Sinischa Horvat (43yo)
Vice Chairman of the Supervisory Board
- Tenure: 2.4yrs
- Compensation: €325.00k
Company Information
BASF SE's company bio, employee growth, exchange listings and data sources
Key Information
- Name: BASF SE
- Ticker: BAS
- Exchange: XTRA
- Founded: 1865
- Industry: Diversified Chemicals
- Sector: Materials
- Market Cap: €60.812b
- Shares outstanding: 918.48m
- Website: https://www.basf.com
Number of Employees
Location
- BASF SE
- Carl-Bosch-Strasse 38
- Ludwigshafen am Rhein
- Rhineland-Palatinate
- 67056
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BASF | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Jan 1975 |
| BAS | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jan 1975 |
| 0BFA | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jan 1975 |
| BAS | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1975 |
| BAS | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Jan 1975 |
| BAS | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Jan 1975 |
| BFFA.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1975 |
| BAS N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Jan 1975 |
| BASD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 1975 |
| BASF | BUSE (Budapest Stock Exchange) | Yes | Ordinary Shares | HU | HUF | Jan 1975 |
| BASA | XTRA (XETRA Trading Platform) | SPON ADR EACH REP 0.25 ORD SHS | DE | EUR | Jun 1988 | |
| BASA | DB (Deutsche Boerse AG) | SPON ADR EACH REP 0.25 ORD SHS | DE | EUR | Jun 1988 | |
| BASF.Y | OTCPK (Pink Sheets LLC) | SPON ADR EACH REP 0.25 ORD SHS | US | USD | Jun 1988 |
Biography
BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 20:59 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.