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DOW

Dow NYSE:DOW Stock Report

Last Price

US$67.98

Market Cap

US$49.5b

7D

2.0%

1Y

-4.1%

Updated

16 May, 2022

Data

Company Financials +
DOW fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance6/6
Financial Health3/6
Dividends4/6

DOW Stock Overview

Dow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America.

Dow Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Dow
Historical stock prices
Current Share PriceUS$67.98
52 Week HighUS$71.86
52 Week LowUS$52.07
Beta1.3
1 Month Change3.80%
3 Month Change9.89%
1 Year Change-4.13%
3 Year Change35.74%
5 Year Changen/a
Change since IPO20.85%

Recent News & Updates

Apr 28
Dow's (NYSE:DOW) Dividend Will Be US$0.70

Dow's (NYSE:DOW) Dividend Will Be US$0.70

Dow Inc. ( NYSE:DOW ) has announced that it will pay a dividend of US$0.70 per share on the 10th of June. Based on this...

Shareholder Returns

DOWUS ChemicalsUS Market
7D2.0%2.1%0.7%
1Y-4.1%-6.4%-10.8%

Return vs Industry: DOW exceeded the US Chemicals industry which returned -6.2% over the past year.

Return vs Market: DOW exceeded the US Market which returned -10.4% over the past year.

Price Volatility

Is DOW's price volatile compared to industry and market?
DOW volatility
DOW Average Weekly Movement3.8%
Chemicals Industry Average Movement7.2%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: DOW is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: DOW's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201835,700Jim Fitterlinghttps://www.dow.com

Dow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatics products; and polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers.

Dow Fundamentals Summary

How do Dow's earnings and revenue compare to its market cap?
DOW fundamental statistics
Market CapUS$49.50b
Earnings (TTM)US$6.85b
Revenue (TTM)US$58.35b

7.2x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DOW income statement (TTM)
RevenueUS$58.35b
Cost of RevenueUS$46.53b
Gross ProfitUS$11.82b
Other ExpensesUS$4.97b
EarningsUS$6.85b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 21, 2022

Earnings per share (EPS)9.41
Gross Margin20.26%
Net Profit Margin11.75%
Debt/Equity Ratio70.6%

How did DOW perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

30%

Payout Ratio

Does DOW pay a reliable dividends?

See DOW dividend history and benchmarks
When do you need to buy DOW by to receive an upcoming dividend?
Dow dividend dates
Ex Dividend DateMay 27 2022
Dividend Pay DateJun 10 2022
Days until Ex dividend10 days
Days until Dividend pay date24 days

Does DOW pay a reliable dividends?

See DOW dividend history and benchmarks

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


49.7%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: DOW ($67.98) is trading below our estimate of fair value ($135.14)

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


Price To Earnings Ratio

PE vs Industry: DOW is good value based on its PE Ratio (7.2x) compared to the US Chemicals industry average (17x).

PE vs Market: DOW is good value based on its PE Ratio (7.2x) compared to the US market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: DOW's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: DOW is overvalued based on its PB Ratio (2.6x) compared to the US Chemicals industry average (2.1x).


Future Growth

How is Dow forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-6.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DOW's earnings are forecast to decline over the next 3 years (-6.8% per year).

Earnings vs Market: DOW's earnings are forecast to decline over the next 3 years (-6.8% per year).

High Growth Earnings: DOW's earnings are forecast to decline over the next 3 years.

Revenue vs Market: DOW's revenue is expected to decline over the next 3 years (-0.03% per year).

High Growth Revenue: DOW's revenue is forecast to decline over the next 3 years (-0.03% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DOW's Return on Equity is forecast to be high in 3 years time (23.8%)


Past Performance

How has Dow performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


53.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DOW has high quality earnings.

Growing Profit Margin: DOW's current net profit margins (11.7%) are higher than last year (4.8%).


Past Earnings Growth Analysis

Earnings Trend: DOW's earnings have grown significantly by 53.6% per year over the past 5 years.

Accelerating Growth: DOW's earnings growth over the past year (248.8%) exceeds its 5-year average (53.6% per year).

Earnings vs Industry: DOW earnings growth over the past year (248.8%) exceeded the Chemicals industry 34.5%.


Return on Equity

High ROE: DOW's Return on Equity (35.8%) is considered high.


Financial Health

How is Dow's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: DOW's short term assets ($22.2B) exceed its short term liabilities ($13.1B).

Long Term Liabilities: DOW's short term assets ($22.2B) do not cover its long term liabilities ($30.9B).


Debt to Equity History and Analysis

Debt Level: DOW's net debt to equity ratio (53.1%) is considered high.

Reducing Debt: Insufficient data to determine if DOW's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: DOW's debt is well covered by operating cash flow (65%).

Interest Coverage: DOW's interest payments on its debt are well covered by EBIT (14.6x coverage).


Balance Sheet


Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.12%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 17 2022Ex Dividend DateMay 27 2022Dividend Pay DateJun 10 202214 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: DOW's dividend (4.12%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: DOW's dividend (4.12%) is in the top 25% of dividend payers in the US market (4.05%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, DOW has been paying a dividend for less than 10 years.

Growing Dividend: DOW has only been paying a dividend for 3 years, and since then payments have not increased.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.3%), DOW's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), DOW's dividend payments are well covered by cash flows.


Next Steps

Management

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

3.4yrs

Average management tenure


CEO

Jim Fitterling (59 yo)

3.75yrs

Tenure

US$24,858,892

Compensation

Mr. James R. Fitterling, also known as Jim, serves as an Independent Director at 3M Company since February 5, 2021. He has been Chief Executive Officer of The Dow Chemical Company since July 1, 2018 and ha...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD24.86M) is above average for companies of similar size in the US market ($USD13.26M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: DOW's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: DOW's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DOW insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Dow Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Dow Inc.
  • Ticker: DOW
  • Exchange: NYSE
  • Founded: 2018
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Implied Market Cap: US$49.496b
  • Shares outstanding: 728.10m
  • Website: https://www.dow.com

Number of Employees


Location

  • Dow Inc.
  • 2211 H.H. Dow Way
  • Midland
  • Michigan
  • 48674
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.