Arkema
Market Cap
€7.4b
Last Updated
2020/09/21 04:55 UTC
Data Sources
Company Financials +
Executive Summary
Arkema S.A. manufactures and sells specialty chemicals and advanced materials worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Arkema's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AKE has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.3%
AKE
-1.4%
FR Chemicals
-0.7%
FR Market
1 Year Return
15.7%
AKE
17.9%
FR Chemicals
-7.6%
FR Market
Return vs Industry: AKE underperformed the French Chemicals industry which returned 17.9% over the past year.
Return vs Market: AKE exceeded the French Market which returned -7.6% over the past year.
Shareholder returns
| AKE | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.3% | -1.4% | -0.7% |
| 30 Day | 3.9% | 1.8% | 2.1% |
| 90 Day | 14.4% | 10.2% | 2.0% |
| 1 Year | 19.3%15.7% | 20.7%17.9% | -5.6%-7.6% |
| 3 Year | 3.8%-4.6% | 54.8%44.4% | 8.5%-1.0% |
| 5 Year | 96.0%71.7% | 87.3%62.9% | 41.0%21.9% |
Price Volatility Vs. Market
How volatile is Arkema's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Arkema S.A. (EPA:AKE) Investors Are Less Pessimistic Than Expected2 weeks ago | Simply Wall St
Has Arkema S.A. (EPA:AKE) Stock's Recent Performance Got Anything to Do With Its Financial Health?4 weeks ago | Simply Wall St
Does Arkema S.A. (EPA:AKE) Have A Place In Your Dividend Portfolio?Valuation
Is Arkema undervalued compared to its fair value and its price relative to the market?
34.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AKE (€96.36) is trading below our estimate of fair value (€147.24)
Significantly Below Fair Value: AKE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AKE is good value based on its PE Ratio (18.3x) compared to the FR Chemicals industry average (29.1x).
PE vs Market: AKE is poor value based on its PE Ratio (18.3x) compared to the French market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: AKE is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: AKE's PB Ratio (1.3x) is in line with the FR Chemicals industry average.
Next Steps
Future Growth
How is Arkema forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
18.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AKE's forecast earnings growth (18.2% per year) is above the savings rate (0.6%).
Earnings vs Market: AKE's earnings (18.2% per year) are forecast to grow slower than the French market (24.6% per year).
High Growth Earnings: AKE's earnings are forecast to grow, but not significantly.
Revenue vs Market: AKE's revenue (4.3% per year) is forecast to grow slower than the French market (6.7% per year).
High Growth Revenue: AKE's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AKE's Return on Equity is forecast to be low in 3 years time (9.4%).
Next Steps
Past Performance
How has Arkema performed over the past 5 years?
12.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AKE has high quality earnings.
Growing Profit Margin: AKE's current net profit margins (4.9%) are lower than last year (6.2%).
Past Earnings Growth Analysis
Earnings Trend: AKE's earnings have grown by 12.2% per year over the past 5 years.
Accelerating Growth: AKE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AKE had negative earnings growth (-27.3%) over the past year, making it difficult to compare to the Chemicals industry average (-34.3%).
Return on Equity
High ROE: AKE's Return on Equity (7.5%) is considered low.
Next Steps
Financial Health
How is Arkema's financial position?
Financial Position Analysis
Short Term Liabilities: AKE's short term assets (€3.9B) exceed its short term liabilities (€1.4B).
Long Term Liabilities: AKE's short term assets (€3.9B) exceed its long term liabilities (€3.7B).
Debt to Equity History and Analysis
Debt Level: AKE's debt to equity ratio (42.4%) is considered high.
Reducing Debt: AKE's debt to equity ratio has reduced from 54.9% to 42.4% over the past 5 years.
Debt Coverage: AKE's debt is well covered by operating cash flow (52%).
Interest Coverage: AKE's interest payments on its debt are well covered by EBIT (10.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Arkema current dividend yield, its reliability and sustainability?
2.28%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AKE's dividend (2.28%) is higher than the bottom 25% of dividend payers in the French market (1.54%).
High Dividend: AKE's dividend (2.28%) is low compared to the top 25% of dividend payers in the French market (4.94%).
Stability and Growth of Payments
Stable Dividend: AKE's dividends per share have been stable in the past 10 years.
Growing Dividend: AKE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.8%), AKE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AKE's dividends in 3 years are forecast to be well covered by earnings (39.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.9yrs
Average management tenure
CEO
Thierry Le Hénaff (57 yo)
14.5yrs
Tenure
€4,190,220
Compensation
Mr. Thierry Le Hénaff has been Senior Independent Supervisory Board Member at Compagnie Générale des Établissements Michelin Société en commandite par actions since June 23, 2020. Mr. Le Hénaff has been th ...
CEO Compensation Analysis
Compensation vs Market: Thierry's total compensation ($USD4.97M) is above average for companies of similar size in the French market ($USD3.55M).
Compensation vs Earnings: Thierry's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 14.5yrs | €4.19m | 0.38% € 27.6m | |
| Group Chief Financial Officer | 2.25yrs | €27.50k | no data | |
| Chief Technical Officer | no data | no data | no data | |
| Vice President of Investor Relations | 11yrs | no data | no data | |
| Executive Vice President of Human Resources & Corporate Communication | 1.17yrs | no data | no data | |
| COO of Coating Solutions | no data | no data | no data | |
| Executive Vice President of Strategy | no data | no data | no data | |
| Senior Vice President of Performance Additives | 0.33yr | no data | no data | |
| Chief Digital Officer | no data | no data | no data | |
| Executive Vice President of Industry & CSR | 3.08yrs | no data | no data | |
| Executive Vice-President of Advanced Materials | 4.67yrs | no data | no data | |
| Managing Director of Altuglas International Division | 5.17yrs | no data | no data |
3.9yrs
Average Tenure
57yo
Average Age
Experienced Management: AKE's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 14.5yrs | €4.19m | 0.38% € 27.6m | |
| Director | 14.33yrs | €60.00k | 0.0017% € 123.6k | |
| Independent Director | 2.33yrs | €70.00k | 0.00072% € 53.0k | |
| Non-Executive Independent Director | 2.33yrs | €53.00k | 0.00059% € 43.4k | |
| Director | 14.33yrs | €41.50k | 0.00039% € 28.7k | |
| Independent Director | 7.83yrs | €46.50k | 0.00059% € 43.4k | |
| Director | 6.33yrs | €58.00k | 0.00033% € 24.3k | |
| Independent Director | 11.25yrs | €43.00k | 0.00065% € 47.8k | |
| Senior Independent Director | 1.33yrs | €68.00k | 0.00059% € 43.4k | |
| Independent Director | 3.33yrs | €46.00k | 0.00059% € 43.4k | |
| Employee Representing Director | 4.17yrs | no data | no data | |
| Shareholder Representing Director | 2.33yrs | no data | 0.0011% € 82.4k |
5.3yrs
Average Tenure
57yo
Average Age
Experienced Board: AKE's board of directors are considered experienced (5.3 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
Arkema S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Arkema S.A.
- Ticker: AKE
- Exchange: ENXTPA
- Founded: 2003
- Industry: Diversified Chemicals
- Sector: Materials
- Market Cap: €7.358b
- Shares outstanding: 76.36m
- Website: https://www.arkema.com
Number of Employees
Location
- Arkema S.A.
- 420 rue d'Estienne d'Orves
- Cedex
- Colombes
- Ile-de-France
- 92700
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ARKA.Y | OTCPK (Pink Sheets LLC) | SPON ADR | US | USD | May 2006 | |
| AKE | ENXTPA (Euronext Paris) | Yes | Ordinary Shares | FR | EUR | May 2006 |
| 0IB0 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | May 2006 |
| V1S | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 2006 |
| ARKA.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | May 2006 |
| AKEP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | May 2006 |
| AKE | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | May 2006 |
| AKE N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | May 2006 |
| V1S | ETLX (Eurotlx) | Yes | Ordinary Shares | IT | EUR | May 2006 |
Biography
Arkema S.A. manufactures and sells specialty chemicals and advanced materials worldwide. It operates in three segments: High Performance Materials, Industrial Specialties, and Coating Solutions. Its produc ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/21 04:55 |
| End of Day Share Price | 2020/09/18 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.