BME:XBRK

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Executive Summary

Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins.


Snowflake Analysis

High growth potential not a dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: XBRK's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.5%

XBRK

1.3%

ES Chemicals

0.2%

ES Market


1 Year Return

-50.2%

XBRK

-0.4%

ES Chemicals

-21.1%

ES Market

Return vs Industry: XBRK underperformed the Spanish Chemicals industry which returned 0.2% over the past year.

Return vs Market: XBRK underperformed the Spanish Market which returned -20.3% over the past year.


Shareholder returns

XBRKIndustryMarket
7 Day-2.5%1.3%0.2%
30 Day-16.1%3.3%-0.4%
90 Day29.4%18.5%9.5%
1 Year-48.8%-50.2%2.4%-0.4%-18.7%-21.1%
3 Year-48.6%-53.4%7.7%-2.2%-21.6%-28.8%
5 Year33.5%8.6%28.2%9.5%-11.7%-25.9%

Price Volatility Vs. Market

How volatile is Braskem's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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


Share Price vs. Fair Value

Below Fair Value: XBRK (€3.96) is trading above our estimate of fair value (€1.35)

Significantly Below Fair Value: XBRK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: XBRK is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.

PE vs Market: XBRK is unprofitable, so we can't compare its PE Ratio to the Spanish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate XBRK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: XBRK has negative assets, so we can't compare its PB Ratio to the XE Chemicals industry average.


Next Steps

Future Growth

How is Braskem forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

85.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XBRK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.3%).

Earnings vs Market: XBRK is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: XBRK's is expected to become profitable in the next 3 years.

Revenue vs Market: XBRK's revenue (10% per year) is forecast to grow faster than the Spanish market (5.6% per year).

High Growth Revenue: XBRK's revenue (10% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XBRK's Return on Equity is forecast to be very high in 3 years time (269.7%).


Next Steps

Past Performance

How has Braskem performed over the past 5 years?

-29.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XBRK is currently unprofitable.

Growing Profit Margin: XBRK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: XBRK is unprofitable, and losses have increased over the past 5 years at a rate of -29.8% per year.

Accelerating Growth: Unable to compare XBRK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: XBRK is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-6.1%).


Return on Equity

High ROE: XBRK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Braskem's financial position?


Financial Position Analysis

Short Term Liabilities: XBRK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: XBRK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: XBRK has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: XBRK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: XBRK's debt is not well covered by operating cash flow (6.1%).

Interest Coverage: Insufficient data to determine if XBRK's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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

7.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: XBRK's dividend (7.22%) is higher than the bottom 25% of dividend payers in the Spanish market (2.54%).

High Dividend: XBRK's dividend (7.22%) is low compared to the top 25% of dividend payers in the Spanish market (7.43%).


Stability and Growth of Payments

Stable Dividend: XBRK has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: XBRK's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: XBRK is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of XBRK's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Roberto Lopes Simoes (63yo)

0.50

Tenure

Mr. Roberto Lopes Pontes Simoes serves as the Chief Executive Officer of Braskem S.A. since January 1, 2020. He serves as Director at Braskem S.A. since May 22, 2019 and served as its Chairman of the Board ...


Leadership Team

NamePositionTenureCompensationOwnership
Roberto Lopes Simoes
CEO & Director0.50yrno datano data
Pedro van Langendonck Teixeira de Freitas
CFO and Investor Relations & External Affairs Officer4.42yrsno datano data
Luiz Eduardo Moreira
Executive Officer and Head of Investments & Portfolio1.5yrsno datano data
Everson Bassinello
Chief Compliance Officer3.92yrsno datano data
Cristiana Lapa
General Counsel & Corporate Governance Officer1.5yrsno datano data
André Vieira
Director of Corporate Communicationno datano datano data
Marcelo De Carvalho
Executive Officer and Head of Peopleno datano datano data
Marcelo de Oliveira Cerqueira
Executive Officer and Head of the Chemicals & Vinyl Unit3.25yrsno datano data
Roberto Bischoff
Head of Competitivenessno datano datano data
Mark Nikolich
Head of the Polyolefins North America Unit2.83yrsno datano data

2.8yrs

Average Tenure

53.5yo

Average Age

Experienced Management: XBRK's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Roberto Lopes Simoes
CEO & Director0.50yrno datano data
Joao Neto
Vice Chairman of the Boardno datano datano data
Jose Mettrau Carneiro da Cunha
Chairman of the Board0.58yrno datano data
Roberto Faldini
Director1.17yrsno datano data
Gesner de Oliveira Filho
Independent Director3.08yrsno datano data
Joao Pinheiro Batista
Director1.25yrsno datano data
Pedro Oliva Marcilio Sousa
Independent Director3.08yrsno datano data
Andrea da Chamma
Independent Director0.17yrno datano data
Julio De Moura Neto
Independent Director1.25yrsno datano data
Rogerio Bautista da Moreira
Director0.67yrno datano data

1.2yrs

Average Tenure

63.5yo

Average Age

Experienced Board: XBRK's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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

Braskem S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Braskem S.A.
  • Ticker: XBRK
  • Exchange: BME
  • Founded: 1972
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: R$19.041b
  • Listing Market Cap: R$3.088b
  • Shares outstanding: 795.74m
  • Website: https://www.braskem.com.br

Location

  • Braskem S.A.
  • Rua Lemos Monteiro
  • 120 – 24°
  • São Paulo
  • São Paulo
  • 05501-050
  • Brazil

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRKM5BOVESPA (Bolsa de Valores de Sao Paulo)YesClass A Preferred SharesBRBRLJan 1992
BRDADB (Deutsche Boerse AG)YesClass A Preferred SharesDEEURJan 1992
XBRKBME (Bolsas y Mercados Espanoles)YesClass A Preferred SharesESEURJan 1992
BAKNYSE (New York Stock Exchange)SP ADR PFD AUSUSDJan 1993
BRDDB (Deutsche Boerse AG)SP ADR PFD ADEEURJan 1993
BAK NBMV (Bolsa Mexicana de Valores)SP ADR PFD AMXMXNJan 1993
BRDBST (Boerse-Stuttgart)SP ADR PFD ADEEURJan 1993
BRKM3BOVESPA (Bolsa de Valores de Sao Paulo)Common SharesBRBRLMar 1993
BRKM6BOVESPA (Bolsa de Valores de Sao Paulo)Class B Preferred SharesBRBRLJun 1993

Biography

Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. It operates through five segments: Chemicals, Polyolefins, Vinyls, United States and Europe, and Mexico. The Chemicals segment produces and sells ethylene, propylene butadiene, toluene, xylene, cumene, and benzene, as well as gasoline, diesel and liquefied petroleum gas, and other petroleum derivatives; and supplies electric energy, steam, compressed air, and other inputs to second-generation producers. The Polyolefins segment produces and sells polyethylene and polypropylene. The Vinyls segment produces and sells polyvinyl chloride, caustic soda, and chloride. The United States and Europe segment produces and sells polypropylene in the United States and Europe. The Mexico segment produces and sells ethylene, high-density polyethylene, and low-density polyethylene in Mexico. The company also manufactures, sells, imports, and exports chemicals, petrochemicals, and fuels; produces, supplies, and sells utilities, such as steam, water, compressed air, and industrial gases; and provides industrial services. The company was formerly known as Copene Petroquímica do Nordeste S.A. and changed its name to Braskem S.A. in 2002. Braskem S.A. was founded in 1972 and is headquartered in São Paulo, Brazil. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/01 21:28
End of Day Share Price2020/07/01 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.