XTRA:BAS

Stock Analysis Report

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Market Cap

€60.8b

Last Updated

2021/07/31 03:50 UTC

Data Sources

Company Financials +

Share Price & News

How has BASF's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BAS is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: BAS's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-1.2%

BAS

-0.4%

DE Chemicals

-0.7%

DE Market


1 Year Return

41.5%

BAS

38.0%

DE Chemicals

29.3%

DE Market

Return vs Industry: BAS exceeded the German Chemicals industry which returned 38% over the past year.

Return vs Market: BAS exceeded the German Market which returned 29.3% over the past year.


Shareholder returns

BASIndustryMarket
7 Day-1.2%-0.4%-0.7%
30 Day-1.4%0.4%0.3%
90 Day-1.3%1.7%3.0%
1 Year48.4%41.5%43.2%38.0%33.4%29.3%
3 Year-3.3%-17.3%0.06%-11.1%29.0%18.3%
5 Year19.3%-4.8%31.2%9.5%53.6%32.4%

Long-Term 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

Valuation

Is BASF undervalued compared to its fair value and its price relative to the market?

39.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BAS (€66.22) is trading below our estimate of fair value (€109.6)

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


Price To Earnings Ratio

PE vs Industry: BAS is poor value based on its PE Ratio (31.3x) compared to the German Chemicals industry average (25.8x).

PE vs Market: BAS is poor value based on its PE Ratio (31.3x) compared to the German market (25.5x).


Price to Earnings Growth Ratio

PEG Ratio: BAS is poor value based on its PEG Ratio (7.3x)


Price to Book Ratio

PB vs Industry: BAS is good value based on its PB Ratio (1.6x) compared to the DE Chemicals industry average (2.6x).


Future Growth

How is BASF forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

4.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BAS's forecast earnings growth (4.3% per year) is above the savings rate (0.01%).

Earnings vs Market: BAS's earnings (4.3% per year) are forecast to grow slower than the German market (12.7% per year).

High Growth Earnings: BAS's earnings are forecast to grow, but not significantly.

Revenue vs Market: BAS's revenue (1.8% per year) is forecast to grow slower than the German market (5.8% per year).

High Growth Revenue: BAS's revenue (1.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BAS's Return on Equity is forecast to be low in 3 years time (13.2%).


Past Performance

How has BASF performed over the past 5 years?

-32.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BAS has a large one-off loss of €3.5B impacting its June 30 2021 financial results.

Growing Profit Margin: BAS's current net profit margins (2.8%) are higher than last year (1.8%).


Past Earnings Growth Analysis

Earnings Trend: BAS's earnings have declined by 32.6% per year over the past 5 years.

Accelerating Growth: BAS's earnings growth over the past year (85.2%) exceeds its 5-year average (-32.6% per year).

Earnings vs Industry: BAS earnings growth over the past year (85.2%) exceeded the Chemicals industry 25.4%.


Return on Equity

High ROE: BAS's Return on Equity (5.6%) is considered low.


Financial Health

How is BASF's financial position?


Financial Position Analysis

Short Term Liabilities: BAS's short term assets (€33.1B) exceed its short term liabilities (€19.5B).

Long Term Liabilities: BAS's short term assets (€33.1B) exceed its long term liabilities (€25.3B).


Debt to Equity History and Analysis

Debt Level: BAS's debt to equity ratio (47.1%) is considered high.

Reducing Debt: BAS's debt to equity ratio has reduced from 54.7% to 47.1% over the past 5 years.

Debt Coverage: BAS's debt is well covered by operating cash flow (34.6%).

Interest Coverage: BAS's interest payments on its debt are well covered by EBIT (43.5x coverage).


Balance Sheet


Dividend

What is BASF current dividend yield, its reliability and sustainability?

4.98%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BAS's dividend (4.98%) is higher than the bottom 25% of dividend payers in the German market (0.98%).

High Dividend: BAS's dividend (4.98%) is in the top 25% of dividend payers in the German market (3.21%)


Stability and Growth of Payments

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 (155.8%), 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 (56.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.2yrs

Average management tenure


CEO

Martin Brudermuller (60 yo)

3.17yrs

Tenure

€8,004,000

Compensation

Dr. Martin Brudermuller serves as Member of Supervisory Board at Daimler AG since March 31, 2021. He has been the Chairman of the Board of Executive Directors at BASF SE since May 6, 2011 and has been its ...


CEO Compensation Analysis

Compensation vs Market: Martin's total compensation ($USD9.49M) is above average for companies of similar size in the German market ($USD5.23M).

Compensation vs Earnings: Martin's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: BAS's management team is considered experienced (4.2 years average tenure).


Board Members

Experienced Board: BAS's board of directors are considered experienced (6.2 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

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: €60.822b
  • 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


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 Analysis2021/07/31 03:50
End of Day Share Price2021/07/30 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.