Dow Inc. provides various materials science solutions for consumer care, infrastructure, and packaging markets in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America.
Reasonable growth potential second-rate dividend payer.
Share Price & News
How has Dow's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DOW has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how DOW performed against the US Chemicals industry.
Return vs Market: Insufficient data to determine how DOW performed against the US Market.
Price Volatility Vs. Market
How volatile is Dow's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StIt Might Not Be A Great Idea To Buy Dow Inc. (NYSE:DOW) For Its Next Dividend
5 days ago | Simply Wall StThese 4 Measures Indicate That Dow (NYSE:DOW) Is Using Debt Extensively
3 weeks ago | Simply Wall StAn Intrinsic Calculation For Dow Inc. (NYSE:DOW) Suggests It's 49% Undervalued
Is Dow 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: DOW ($48.3) is trading below our estimate of fair value ($92.11)
Significantly Below Fair Value: DOW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DOW is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.
PE vs Market: DOW is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DOW's PEG Ratio to determine if it is good value.
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).
How is Dow forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DOW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: DOW is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DOW's is expected to become profitable in the next 3 years.
Revenue vs Market: DOW's revenue (2.3% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: DOW's revenue (2.3% per year) is forecast to grow slower than 20% 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 (22.5%)
How has Dow performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DOW is currently unprofitable.
Growing Profit Margin: DOW is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DOW is unprofitable, and losses have increased over the past 5 years at a rate of -44.7% per year.
Accelerating Growth: Unable to compare DOW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DOW is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-15.9%).
Return on Equity
High ROE: DOW has a negative Return on Equity (-12.18%), as it is currently unprofitable.
How is Dow's financial position?
Financial Position Analysis
Short Term Liabilities: DOW's short term assets ($16.8B) exceed its short term liabilities ($10.7B).
Long Term Liabilities: DOW's short term assets ($16.8B) do not cover its long term liabilities ($35.8B).
Debt to Equity History and Analysis
Debt Level: DOW's debt to equity ratio (119.8%) is considered high.
Reducing Debt: Insufficient data to determine if DOW's debt to equity ratio has reduced over the past 5 years.
Inventory Level: DOW has a high level of physical assets or inventory.
Debt Coverage by Assets: DOW's debt is not covered by short term assets (assets are 1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DOW has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: DOW has been profitable on average in the past, therefore cash runway is not a concern.
What is Dow's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: DOW's dividend (5.8%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: DOW's dividend (5.8%) is in the top 25% of dividend payers in the US market (3.73%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether DOW's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DOW's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: DOW is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: DOW's dividends in 3 years are forecast to be covered by earnings (63% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Fitterling (57yo)
Mr. James R. Fitterling, also known as Jim, has been Chief Executive Officer of The Dow Chemical Company since July 1, 2018 and serves as its Director. He serves as Director of Dow Inc. since August 30, 20 ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD8.47M) is about average for companies of similar size in the US market ($USD10.81M).
Compensation vs Earnings: Insufficient data to compare Jim's compensation with company performance.
|CEO & Director||1.5yrs||US$8.47m||0.021% $7.2m|
|President & CFO||1.5yrs||US$11.99m||0.017% $5.7m|
|Senior Vice President of Operations||0yrs||US$3.07m||0.0082% $2.8m|
|Senior VP of R&D and Chief Technology Officer||0.8yrs||US$4.48m||0.011% $3.8m|
|General Counsel & Corporate Secretary||0.8yrs||US$3.79m||0.00082% $281.2k|
|Corporate Vice President||0yrs||no data||no data|
|Vice President of Investor Relations||0yrs||no data||no data|
|Senior Vice President of Corporate Development||0yrs||no data||no data|
|Chief Human Resources Officer & Chief Inclusion Officer||0.8yrs||no data||0.00069% $236.6k|
|President of Feedstocks & Energy||4yrs||no data||no data|
Experienced Management: DOW's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
|CEO & Director||1.5yrs||US$8.47m||0.021% $7.2m|
|Non-Executive Chairman||0.8yrs||no data||0.0061% $2.1m|
|Director||0.8yrs||no data||0.0020% $696.2k|
|Director||0.8yrs||no data||0.00023% $78.9k|
|Director||0.8yrs||no data||0.0013% $459.6k|
|Director||0.8yrs||no data||0.00076% $260.6k|
|Director||0.8yrs||no data||0.0023% $802.5k|
|Director||0.9yrs||no data||0.00099% $339.5k|
|Director||0.8yrs||no data||0.00079% $270.9k|
|Director||0.8yrs||no data||0.00010% $34.3k|
Experienced Board: DOW's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DOW insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: DOW only recently listed within the past 12 months, with total shares outstanding growing by -0.6% in the past year..
Dow Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Dow Inc.
- Ticker: DOW
- Exchange: NYSE
- Founded: 2018
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: US$34.295b
- Shares outstanding: 741.68m
- Website: https://www.dow.com
Number of Employees
- Dow Inc.
- 2211 H.H. Dow Way
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DOW||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Apr 2019|
|DOW1 *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Apr 2019|
|2OY||BST (Boerse-Stuttgart)||Yes||Common Stock||DE||EUR||Apr 2019|
|DOW||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Apr 2019|
|0A1S||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Apr 2019|
|2OY||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 2019|
Dow Inc. provides various materials science solutions for consumer care, infrastructure, and packaging markets 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 and Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatic products; and polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers. The Industrial Intermediates & Infrastructure segment offers ethylene oxides, propylene oxide, propylene glycol and polyether polyols, aromatic isocyanates and polyurethane systems, coatings, adhesives, sealants, elastomers, and composites. This segment also provides caustic soda, and ethylene dichloride and vinyl chloride monomers; and cellulose ethers, redispersible latex powders, silicones, and acrylic emulsions. The Performance Materials and Coatings segment provides architectural paints and coatings, and industrial coatings that are used in maintenance and protective industries, wood, metal packaging, traffic markings, thermal paper, and leather; performance monomers and silicones; standalone silicones; and home and personal care solutions. It also engages in property and casualty insurance, as well as reinsurance business. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 02:40|
|End of Day Share Price||2020/02/24 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.