EVK Stock Overview
Evonik Industries AG engages in the specialty chemicals business.
Evonik Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€28.96|
|52 Week High||€31.00|
|52 Week Low||€26.24|
|1 Month Change||3.65%|
|3 Month Change||2.99%|
|1 Year Change||7.70%|
|3 Year Change||21.48%|
|5 Year Change||-6.58%|
|Change since IPO||-12.08%|
Recent News & Updates
Evonik Industries (ETR:EVK) Has A Pretty Healthy Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
What Is Evonik Industries AG's (ETR:EVK) Share Price Doing?
Evonik Industries AG ( ETR:EVK ) received a lot of attention from a substantial price movement on the XTRA over the...
Is Evonik Industries (ETR:EVK) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
|EVK||DE Chemicals||DE Market|
Return vs Industry: EVK exceeded the German Chemicals industry which returned 3% over the past year.
Return vs Market: EVK underperformed the German Market which returned 10% over the past year.
|EVK Average Weekly Movement||2.4%|
|Chemicals Industry Average Movement||4.7%|
|Market Average Movement||5.0%|
|10% most volatile stocks in DE Market||9.7%|
|10% least volatile stocks in DE Market||2.6%|
Stable Share Price: EVK is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: EVK's weekly volatility (2%) has been stable over the past year.
About the Company
Evonik Industries AG engages in the specialty chemicals business. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Services segments. The Specialty Additives segment provides polyurethane additives, organically modified silicones, isophorones, epoxy curing agents, oil additives, fumed silicas, matting agents, TAA and TAA derivatives, and acetylenic diol-based surfactants for consumer goods and specialized industrial applications.
Evonik Industries Fundamentals Summary
|EVK fundamental statistics|
Is EVK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EVK income statement (TTM)|
|Cost of Revenue||€10.12b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Mar 03, 2022
|Earnings per share (EPS)||1.55|
|Net Profit Margin||5.14%|
How did EVK perform over the long term?See historical performance and comparison
4.0%Current Dividend Yield
Is Evonik Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EVK (€28.96) is trading below our estimate of fair value (€79.11)
Significantly Below Fair Value: EVK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EVK is poor value based on its PE Ratio (18.6x) compared to the German Chemicals industry average (11.7x).
PE vs Market: EVK is good value based on its PE Ratio (18.6x) compared to the German market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: EVK is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: EVK is good value based on its PB Ratio (1.5x) compared to the DE Chemicals industry average (2.2x).
How is Evonik Industries forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EVK's forecast earnings growth (14.1% per year) is above the savings rate (-0.01%).
Earnings vs Market: EVK's earnings (14.1% per year) are forecast to grow faster than the German market (10.7% per year).
High Growth Earnings: EVK's earnings are forecast to grow, but not significantly.
Revenue vs Market: EVK's revenue (3.7% per year) is forecast to grow slower than the German market (5.7% per year).
High Growth Revenue: EVK's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EVK's Return on Equity is forecast to be low in 3 years time (11.7%).
How has Evonik Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVK has high quality earnings.
Growing Profit Margin: EVK's current net profit margins (5.1%) are higher than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: EVK's earnings have declined by 4.7% per year over the past 5 years.
Accelerating Growth: EVK's earnings growth over the past year (17.9%) exceeds its 5-year average (-4.7% per year).
Earnings vs Industry: EVK earnings growth over the past year (17.9%) underperformed the Chemicals industry 54.1%.
Return on Equity
High ROE: EVK's Return on Equity (8%) is considered low.
How is Evonik Industries's financial position?
Financial Position Analysis
Short Term Liabilities: EVK's short term assets (€5.9B) exceed its short term liabilities (€3.6B).
Long Term Liabilities: EVK's short term assets (€5.9B) do not cover its long term liabilities (€8.9B).
Debt to Equity History and Analysis
Debt Level: EVK's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: EVK's debt to equity ratio has reduced from 53.6% to 41.8% over the past 5 years.
Debt Coverage: EVK's debt is well covered by operating cash flow (54%).
Interest Coverage: EVK's interest payments on its debt are well covered by EBIT (12.4x coverage).
What is Evonik Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EVK's dividend (3.97%) is higher than the bottom 25% of dividend payers in the German market (1%).
High Dividend: EVK's dividend (3.97%) is in the top 25% of dividend payers in the German market (3.33%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, EVK has been paying a dividend for less than 10 years.
Growing Dividend: EVK's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (73.9%), EVK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EVK's dividends in 3 years are forecast to be well covered by earnings (49.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Christian Kullmann (52 yo)
Mr. Christian Kullmann has been Chairman of Executive Board and Chief Executive Officer of Evonik Industries AG since May 24, 2017 and May 23, 2017 respectively. He served as Deputy Chairman of the Supervi...
CEO Compensation Analysis
Compensation vs Market: Christian's total compensation ($USD5.58M) is about average for companies of similar size in the German market ($USD5.07M).
Compensation vs Earnings: Christian's compensation has been consistent with company performance over the past year.
Experienced Management: EVK's management team is seasoned and experienced (7.6 years average tenure).
Experienced Board: EVK's board of directors are considered experienced (6.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Evonik Industries AG's employee growth, exchange listings and data sources
- Name: Evonik Industries AG
- Ticker: EVK
- Exchange: XTRA
- Founded: NaN
- Industry: Specialty Chemicals
- Sector: Materials
- Implied Market Cap: €13.495b
- Shares outstanding: 466.00m
- Website: https://corporate.evonik.com/en/
Number of Employees
- Evonik Industries AG
- Rellinghauser Strasse 1-11
- North Rhine-Westphalia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 21:21|
|End of Day Share Price||2022/01/21 00:00|
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.