XTRA:BAS

Stock Analysis Report

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

BASIndustryMarket
7 Day6.7%4.9%4.1%
30 Day0.8%0.06%1.7%
90 Day9.6%4.8%3.7%
1 Year0.3%-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 Year14.1%-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

company4.8%marketbottom25%1.5%markettop25%3.8%industryaverage3.6%forecastin3Years5.0%

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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BASFBIT (Borsa Italiana)YesOrdinary SharesITEURJan 1975
BASWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJan 1975
0BFALSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1975
BASDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1975
BASSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJan 1975
BASXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJan 1975
BFFA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1975
BAS NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNJan 1975
BASDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1975
BASFBUSE (Budapest Stock Exchange)YesOrdinary SharesHUHUFJan 1975
BASAXTRA (XETRA Trading Platform)SPON ADR EACH REP 0.25 ORD SHSDEEURJun 1988
BASADB (Deutsche Boerse AG)SPON ADR EACH REP 0.25 ORD SHSDEEURJun 1988
BASF.YOTCPK (Pink Sheets LLC)SPON ADR EACH REP 0.25 ORD SHSUSUSDJun 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 20:59
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.