LYB Stock Overview
LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally.
LyondellBasell Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$84.50|
|52 Week High||US$117.22|
|52 Week Low||US$83.50|
|1 Month Change||-20.61%|
|3 Month Change||-21.53%|
|1 Year Change||-17.54%|
|3 Year Change||-2.47%|
|5 Year Change||0.87%|
|Change since IPO||284.09%|
Recent News & Updates
Why We Just Sold LyondellBasell Industries Stock
LYB has had strong performance momentum lately and is returning a lot of cash to shareholders while also deleveraging that balance sheet. While there is a lot to like about LYB, we want a portfolio of our highest conviction picks. We share why LYB is no longer a high conviction buy for us.
LyondellBasell: Very Strong Start To 2022, But Soft Shareholder Returns
LyondellBasell saw a very strong recovery during 2021, which thankfully continued into 2022. Apart from their operating cash flow surging, their first-quarter earnings are the highest since 2015 with their trailing twelve-month earnings also at the highest level in a decade. Despite this providing immense free cash flow, their shareholder returns have thus far been soft even though management does not plan to deleverage. Thankfully management has reaffirmed nothing has fundamentally changed and thus their shareholder returns should ramp up later in 2022. Since this stands to provide a very high 10% shareholder yield, if not even higher, I believe that maintaining my buy rating is appropriate.
|LYB||US Chemicals||US Market|
Return vs Industry: LYB underperformed the US Chemicals industry which returned -10.7% over the past year.
Return vs Market: LYB exceeded the US Market which returned -20.8% over the past year.
|LYB Average Weekly Movement||5.3%|
|Chemicals Industry Average Movement||6.7%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||16.5%|
|10% least volatile stocks in US Market||3.1%|
Stable Share Price: LYB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: LYB's weekly volatility (5%) has been stable over the past year.
About the Company
|2009||19,100||Peter Z. Vanacker||https://www.lyondellbasell.com|
LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. It produces and markets olefins and co-products; polyolefins; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linear low density polyethylene; and polypropylene (PP) products, such as PP homopolymers and copolymers.
LyondellBasell Industries Fundamentals Summary
|LYB fundamental statistics|
Is LYB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LYB income statement (TTM)|
|Cost of Revenue||US$40.86b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||17.86|
|Net Profit Margin||11.64%|
How did LYB perform over the long term?See historical performance and comparison
5.6%Current Dividend Yield
Is LYB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LYB?
Other financial metrics that can be useful for relative valuation.
|What is LYB's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does LYB's PE Ratio compare to its peers?
|LYB PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: LYB is good value based on its Price-To-Earnings Ratio (4.7x) compared to the peer average (6.7x).
Price to Earnings Ratio vs Industry
How does LYB's PE Ratio compare vs other companies in the U.S. Chemicals Industry?
Price-To-Earnings vs Industry: LYB is good value based on its Price-To-Earnings Ratio (4.7x) compared to the US Chemicals industry average (15.4x)
Price to Earnings Ratio vs Fair Ratio
What is LYB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||4.7x|
|Fair PE Ratio||14.3x|
Price-To-Earnings vs Fair Ratio: LYB is good value based on its Price-To-Earnings Ratio (4.7x) compared to the estimated Fair Price-To-Earnings Ratio (14.3x).
Share Price vs Fair Value
What is the Fair Price of LYB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: LYB ($84.5) is trading below our estimate of fair value ($290.82)
Significantly Below Fair Value: LYB is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: LYB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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How is LyondellBasell Industries forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LYB's earnings are forecast to decline over the next 3 years (-5.9% per year).
Earnings vs Market: LYB's earnings are forecast to decline over the next 3 years (-5.9% per year).
High Growth Earnings: LYB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: LYB's revenue is expected to decline over the next 3 years (-6.9% per year).
High Growth Revenue: LYB's revenue is forecast to decline over the next 3 years (-6.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LYB's Return on Equity is forecast to be high in 3 years time (39.9%)
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How has LyondellBasell Industries performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LYB has high quality earnings.
Growing Profit Margin: LYB's current net profit margins (11.6%) are higher than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: LYB's earnings have declined by 2.7% per year over the past 5 years.
Accelerating Growth: LYB's earnings growth over the past year (149.3%) exceeds its 5-year average (-2.7% per year).
Earnings vs Industry: LYB earnings growth over the past year (149.3%) exceeded the Chemicals industry 30.2%.
Return on Equity
High ROE: LYB's Return on Equity (45.7%) is considered outstanding.
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How is LyondellBasell Industries's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LYB's short term assets ($13.3B) exceed its short term liabilities ($7.5B).
Long Term Liabilities: LYB's short term assets ($13.3B) do not cover its long term liabilities ($17.5B).
Debt to Equity History and Analysis
Debt Level: LYB's net debt to equity ratio (75.4%) is considered high.
Reducing Debt: LYB's debt to equity ratio has reduced from 138.5% to 89.4% over the past 5 years.
Debt Coverage: LYB's debt is well covered by operating cash flow (75.2%).
Interest Coverage: LYB's interest payments on its debt are well covered by EBIT (16.6x coverage).
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What is LyondellBasell Industries's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LYB's dividend (5.63%) is higher than the bottom 25% of dividend payers in the US market (1.63%).
High Dividend: LYB's dividend (5.63%) is in the top 25% of dividend payers in the US market (4.34%)
Stability and Growth of Payments
Stable Dividend: LYB's dividend payments have been volatile in the past 10 years.
Growing Dividend: LYB's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.7%), LYB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.8%), LYB's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Z. Vanacker (55 yo)
Mr. Peter Z. E. Vanacker is an Executive Director at LyondellBasell Industries N.V. since February 25, 2022. He has been Supervisory Board Member at Symrise AG since June 17, 2020. Mr. Vanacker was Preside...
Experienced Management: LYB's management team is considered experienced (2.7 years average tenure).
Experienced Board: LYB's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LYB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
LyondellBasell Industries N.V.'s employee growth, exchange listings and data sources
- Name: LyondellBasell Industries N.V.
- Ticker: LYB
- Exchange: NYSE
- Founded: 2009
- Industry: Commodity Chemicals
- Sector: Materials
- Implied Market Cap: US$27.684b
- Shares outstanding: 327.62m
- Website: https://www.lyondellbasell.com
Number of Employees
- LyondellBasell Industries N.V.
- LyondellBasell Tower
- 1 Houston Center
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/23 00:00|
|End of Day Share Price||2022/06/23 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.