DSM-Firmenich AG

OTCPK:DSMF.F Stock Report

Market Cap: US$20.6b

DSM-Firmenich Valuation

Is DSMF.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DSMF.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DSMF.F ($80.62) is trading below our estimate of fair value ($120.64)

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for DSMF.F?

Key metric: As DSMF.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DSMF.F. This is calculated by dividing DSMF.F's market cap by their current earnings.
What is DSMF.F's PE Ratio?
PE Ratio24.4x
Earnings€718.00m
Market Cap€17.52b

Price to Earnings Ratio vs Peers

How does DSMF.F's PE Ratio compare to its peers?

The above table shows the PE ratio for DSMF.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25x
DD DuPont de Nemours
23.6x13.55%US$17.3b
PPG PPG Industries
18.4x9.58%US$23.4b
RPM RPM International
19.7x7.99%US$13.5b
SQM Sociedad Química y Minera de Chile
38.2x30.89%US$20.0b
DSMF.F DSM-Firmenich
24.4x14.72%US$17.5b

Price-To-Earnings vs Peers: DSMF.F is good value based on its Price-To-Earnings Ratio (24.4x) compared to the peer average (25x).


Price to Earnings Ratio vs Industry

How does DSMF.F's PE Ratio compare vs other companies in the US Chemicals Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FFHL Fuwei Films (Holdings)
2.8xn/aUS$27.11m
TANH Tantech Holdings
1.1xn/aUS$6.26m
No more companies available in this PE range
DSMF.F 24.4xIndustry Avg. 23.7xNo. of Companies6PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DSMF.F is expensive based on its Price-To-Earnings Ratio (24.4x) compared to the US Chemicals industry average (23.9x).


Price to Earnings Ratio vs Fair Ratio

What is DSMF.F'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.

DSMF.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DSMF.F's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DSMF.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$118.96
0%
14.92%US$146.35US$81.96n/a20
Dec ’26US$81.68
US$118.41
+44.97%
14.76%US$145.11US$81.26n/a20
Nov ’26US$82.08
US$121.84
+48.45%
12.43%US$144.09US$80.69n/a20
Oct ’26US$85.15
US$127.91
+50.22%
12.84%US$158.49US$82.18n/a20
Sep ’26n/a
US$137.93
0%
12.81%US$171.02US$90.20n/a20
Aug ’26US$94.00
US$139.76
+48.68%
10.40%US$169.06US$101.90n/a20
Jul ’26n/a
US$144.48
0%
10.91%US$172.13US$103.75n/a20
Jun ’26n/a
US$139.06
0%
10.15%US$165.76US$99.91n/a21
May ’26n/a
US$138.56
0%
10.05%US$164.84US$99.36n/a21
Apr ’26n/a
US$136.82
0%
9.02%US$157.51US$94.94n/a21
Mar ’26n/a
US$133.41
0%
9.21%US$152.74US$92.06n/a21
Feb ’26n/a
US$132.00
0%
10.54%US$151.34US$80.85n/a21
Jan ’26n/a
US$134.25
0%
11.06%US$153.23US$81.86n/a21
Dec ’25n/a
US$135.75
0%
10.94%US$154.09US$82.32US$81.6821
Nov ’25US$122.89
US$140.54
+14.36%
11.38%US$171.22US$84.53US$82.0822
Oct ’25n/a
US$141.92
0%
12.06%US$175.93US$86.85US$85.1522
Sep ’25n/a
US$140.12
0%
12.00%US$174.62US$86.21n/a22
Aug ’25n/a
US$134.84
0%
11.98%US$170.50US$84.17US$94.0022
Jul ’25US$105.00
US$131.98
+25.70%
12.65%US$169.66US$80.53n/a22
Jun ’25US$108.80
US$131.75
+21.09%
12.72%US$170.81US$81.08n/a22
May ’25n/a
US$127.28
0%
13.34%US$168.30US$79.89n/a22
Apr ’25n/a
US$126.83
0%
14.67%US$169.71US$75.19n/a22
Mar ’25US$105.04
US$128.15
+22.00%
14.95%US$171.22US$75.86n/a22
Feb ’25n/a
US$120.53
0%
17.48%US$170.72US$75.63n/a22
Jan ’25n/a
US$124.51
0%
18.26%US$174.43US$77.28n/a22
Dec ’24n/a
US$125.99
0%
20.49%US$199.93US$76.90n/a22
US$118.67
Fair Value
32.1% undervalued intrinsic discount
20
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/30 14:46
End of Day Share Price 2025/12/17 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DSM-Firmenich AG is covered by 45 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander SloaneBarclays
Jennifer BarkerBarclays
Sebastian BrayBerenberg