BASF SE (1BAS.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1BAS - DE000BASF111 - Common Stock
46.07 EUR
-0.4 (-0.86%)
We assign a fundamental rating of 4 out of 10 to 1BAS. 1BAS was compared to 69 industry peers in the Chemicals industry. The financial health of 1BAS is average, but there are quite some concerns on its profitability. 1BAS has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- 1BAS had positive earnings in the past year.
- 1BAS had a positive operating cash flow in the past year.
- In multiple years 1BAS reported negative net income over the last 5 years.
- 1BAS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- 1BAS has a Return On Assets (0.36%) which is in line with its industry peers.
- Looking at the Return On Equity, with a value of 0.83%, 1BAS is in line with its industry, outperforming 40.58% of the companies in the same industry.
- With a Return On Invested Capital value of 2.40%, 1BAS perfoms like the industry average, outperforming 43.48% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for 1BAS is in line with the industry average of 6.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.36% | ||
| ROE | 0.83% | ||
| ROIC | 2.4% |
ROA(3y)0.39%
ROA(5y)1.23%
ROE(3y)0.9%
ROE(5y)2.62%
ROIC(3y)5.04%
ROIC(5y)4.85%
1.3 Margins
- The Profit Margin of 1BAS (0.43%) is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of 1BAS has declined.
- 1BAS has a Operating Margin (2.99%) which is comparable to the rest of the industry.
- 1BAS's Operating Margin has declined in the last couple of years.
- 1BAS's Gross Margin of 25.75% is on the low side compared to the rest of the industry. 1BAS is outperformed by 63.77% of its industry peers.
- In the last couple of years the Gross Margin of 1BAS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.99% | ||
| PM (TTM) | 0.43% | ||
| GM | 25.75% |
OM growth 3Y-20.75%
OM growth 5Y-6.65%
PM growth 3Y-34.34%
PM growth 5Y-32.5%
GM growth 3Y0.64%
GM growth 5Y-1.3%
2. Health
2.1 Basic Checks
- 1BAS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, 1BAS has about the same amount of shares outstanding.
- The number of shares outstanding for 1BAS has been reduced compared to 5 years ago.
- 1BAS has a worse debt/assets ratio than last year.
2.2 Solvency
- 1BAS has an Altman-Z score of 2.33. This is not the best score and indicates that 1BAS is in the grey zone with still only limited risk for bankruptcy at the moment.
- 1BAS has a Altman-Z score (2.33) which is in line with its industry peers.
- The Debt to FCF ratio of 1BAS is 76.45, which is on the high side as it means it would take 1BAS, 76.45 years of fcf income to pay off all of its debts.
- 1BAS has a Debt to FCF ratio (76.45) which is comparable to the rest of the industry.
- 1BAS has a Debt/Equity ratio of 0.58. This is a neutral value indicating 1BAS is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.58, 1BAS is in line with its industry, outperforming 40.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 76.45 | ||
| Altman-Z | 2.33 |
ROIC/WACC0.4
WACC5.93%
2.3 Liquidity
- 1BAS has a Current Ratio of 1.92. This is a normal value and indicates that 1BAS is financially healthy and should not expect problems in meeting its short term obligations.
- 1BAS has a better Current ratio (1.92) than 62.32% of its industry peers.
- 1BAS has a Quick Ratio of 1.16. This is a normal value and indicates that 1BAS is financially healthy and should not expect problems in meeting its short term obligations.
- 1BAS has a Quick ratio of 1.16. This is comparable to the rest of the industry: 1BAS outperforms 55.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.92 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 14.91% over the past year.
- The Earnings Per Share has been decreasing by -2.33% on average over the past years.
- The Revenue has decreased by -2.94% in the past year.
- 1BAS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.93% yearly.
EPS 1Y (TTM)14.91%
EPS 3Y-19.55%
EPS 5Y-2.33%
EPS Q2Q%62.5%
Revenue 1Y (TTM)-2.94%
Revenue growth 3Y-6.01%
Revenue growth 5Y1.93%
Sales Q2Q%-3.23%
3.2 Future
- 1BAS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.36% yearly.
- 1BAS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.85% yearly.
EPS Next Y-24.78%
EPS Next 2Y-12.35%
EPS Next 3Y-0.86%
EPS Next 5Y1.36%
Revenue Next Year-5.6%
Revenue Next 2Y-2.37%
Revenue Next 3Y-0.5%
Revenue Next 5Y0.85%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 14.58 indicates a correct valuation of 1BAS.
- 1BAS's Price/Earnings ratio is rather cheap when compared to the industry. 1BAS is cheaper than 81.16% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. 1BAS is valued slightly cheaper when compared to this.
- Based on the Price/Forward Earnings ratio of 17.04, the valuation of 1BAS can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of 1BAS indicates a somewhat cheap valuation: 1BAS is cheaper than 60.87% of the companies listed in the same industry.
- 1BAS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.58 | ||
| Fwd PE | 17.04 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1BAS indicates a somewhat cheap valuation: 1BAS is cheaper than 65.22% of the companies listed in the same industry.
- 1BAS's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 137.98 | ||
| EV/EBITDA | 9.6 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.35%
EPS Next 3Y-0.86%
5. Dividend
5.1 Amount
- 1BAS has a Yearly Dividend Yield of 4.86%, which is a nice return.
- Compared to an average industry Dividend Yield of 2.33, 1BAS pays a better dividend. On top of this 1BAS pays more dividend than 85.51% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, 1BAS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.86% |
5.2 History
- The dividend of 1BAS has a limited annual growth rate of 2.83%.
Dividend Growth(5Y)2.83%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 788.28% of the earnings are spent on dividend by 1BAS. This is not a sustainable payout ratio.
- 1BAS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP788.28%
EPS Next 2Y-12.35%
EPS Next 3Y-0.86%
BASF SE / 1BAS.MI FAQ
What is the fundamental rating for 1BAS stock?
ChartMill assigns a fundamental rating of 4 / 10 to 1BAS.MI.
What is the valuation status for 1BAS stock?
ChartMill assigns a valuation rating of 4 / 10 to BASF SE (1BAS.MI). This can be considered as Fairly Valued.
What is the profitability of 1BAS stock?
BASF SE (1BAS.MI) has a profitability rating of 3 / 10.
What are the PE and PB ratios of BASF SE (1BAS.MI) stock?
The Price/Earnings (PE) ratio for BASF SE (1BAS.MI) is 14.58 and the Price/Book (PB) ratio is 1.26.
How sustainable is the dividend of BASF SE (1BAS.MI) stock?
The dividend rating of BASF SE (1BAS.MI) is 6 / 10 and the dividend payout ratio is 788.28%.