EVONIK INDUSTRIES AG (EVK.DE) Stock Fundamental Analysis
FRA:EVK - Deutsche Boerse Ag - DE000EVNK013 - Common Stock - Currency: EUR
Taking everything into account, EVK scores 5 out of 10 in our fundamental rating. EVK was compared to 61 industry peers in the Chemicals industry. EVK has an average financial health and profitability rating. EVK has a bad growth rate and is valued cheaply. EVK also has an excellent dividend rating. With these ratings, EVK could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
EVK had positive earnings in the past year.
In the past year EVK had a positive cash flow from operations.
EVK had positive earnings in 4 of the past 5 years.
In the past 5 years EVK always reported a positive cash flow from operatings.
1.2 Ratios
EVK has a Return On Assets (1.17%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 2.53%, EVK is in the better half of the industry, outperforming 60.32% of the companies in the same industry.
EVK's Return On Invested Capital of 5.93% is fine compared to the rest of the industry. EVK outperforms 73.02% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EVK is below the industry average of 6.72%.
The last Return On Invested Capital (5.93%) for EVK is above the 3 year average (3.74%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.17% | ||
| ROE | 2.53% | ||
| ROIC | 5.93% |
ROA(3y)1.16%
ROA(5y)3.06%
ROE(3y)2.58%
ROE(5y)7.4%
ROIC(3y)3.74%
ROIC(5y)3.52%
1.3 Margins
EVK has a Profit Margin (1.50%) which is comparable to the rest of the industry.
The Operating Margin of EVK (10.10%) is better than 77.78% of its industry peers.
In the last couple of years the Operating Margin of EVK has declined.
EVK has a Gross Margin of 29.80%. This is comparable to the rest of the industry: EVK outperforms 50.79% of its industry peers.
EVK's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.1% | ||
| PM (TTM) | 1.5% | ||
| GM | 29.8% |
OM growth 3Y-16.96%
OM growth 5Y-16.52%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.68%
GM growth 5Y-5.91%
2. Health
2.1 Basic Checks
EVK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, EVK has about the same amount of shares outstanding.
Compared to 5 years ago, EVK has about the same amount of shares outstanding.
EVK has a worse debt/assets ratio than last year.
2.2 Solvency
EVK has an Altman-Z score of 2.26. This is not the best score and indicates that EVK is in the grey zone with still only limited risk for bankruptcy at the moment.
EVK has a Altman-Z score (2.26) which is in line with its industry peers.
The Debt to FCF ratio of EVK is 3.47, which is a good value as it means it would take EVK, 3.47 years of fcf income to pay off all of its debts.
EVK has a Debt to FCF ratio of 3.47. This is amongst the best in the industry. EVK outperforms 84.13% of its industry peers.
A Debt/Equity ratio of 0.35 indicates that EVK is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.35, EVK is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.47 | ||
| Altman-Z | 2.26 |
ROIC/WACC1.09
WACC5.43%
2.3 Liquidity
EVK has a Current Ratio of 1.39. This is a normal value and indicates that EVK is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.39, EVK is doing worse than 68.25% of the companies in the same industry.
A Quick Ratio of 0.74 indicates that EVK may have some problems paying its short term obligations.
EVK has a worse Quick ratio (0.74) than 82.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
EVK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -64.89%.
The earnings per share for EVK have been decreasing by -22.19% on average. This is quite bad
Looking at the last year, EVK shows a decrease in Revenue. The Revenue has decreased by -5.24% in the last year.
Measured over the past years, EVK shows a small growth in Revenue. The Revenue has been growing by 2.85% on average per year.
EPS 1Y (TTM)-64.89%
EPS 3Y-16.77%
EPS 5Y-22.19%
EPS Q2Q%41.46%
Revenue 1Y (TTM)-5.24%
Revenue growth 3Y7.76%
Revenue growth 5Y2.85%
Sales Q2Q%1.62%
3.2 Future
EVK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.08% yearly.
The Revenue is expected to grow by 1.32% on average over the next years.
EPS Next Y99.13%
EPS Next 2Y44%
EPS Next 3Y32.95%
EPS Next 5Y20.08%
Revenue Next Year-2.24%
Revenue Next 2Y-0.72%
Revenue Next 3Y0.69%
Revenue Next 5Y1.32%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
EVK is valuated quite expensively with a Price/Earnings ratio of 27.39.
Based on the Price/Earnings ratio, EVK is valued a bit cheaper than 63.49% of the companies in the same industry.
EVK's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 29.35.
The Price/Forward Earnings ratio is 13.21, which indicates a correct valuation of EVK.
Based on the Price/Forward Earnings ratio, EVK is valued cheaply inside the industry as 80.95% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of EVK to the average of the S&P500 Index (22.10), we can say EVK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.39 | ||
| Fwd PE | 13.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EVK is valued cheaply inside the industry as 92.06% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, EVK is valued cheaper than 84.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.3 | ||
| EV/EBITDA | 5.18 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
EVK's earnings are expected to grow with 32.95% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.28
PEG (5Y)N/A
EPS Next 2Y44%
EPS Next 3Y32.95%
5. Dividend
5.1 Amount
EVK has a Yearly Dividend Yield of 5.28%, which is a nice return.
Compared to an average industry Dividend Yield of 2.89, EVK pays a better dividend. On top of this EVK pays more dividend than 95.24% of the companies listed in the same industry.
EVK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.28% |
5.2 History
The dividend of EVK has a limited annual growth rate of 0.33%.
Dividend Growth(5Y)0.33%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
EVK pays out 239.04% of its income as dividend. This is not a sustainable payout ratio.
EVK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP239.04%
EPS Next 2Y44%
EPS Next 3Y32.95%
FRA:EVK (3/7/2025, 7:00:00 PM)
21.64
-0.51 (-2.3%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners32.67%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap10.08B
Analysts73.04
Price Target21.97 (1.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.28% |
Yearly Dividend1.17
Dividend Growth(5Y)0.33%
DP239.04%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.41%
Min Revenue beat(2)-2.91%
Max Revenue beat(2)-1.9%
Revenue beat(4)0
Avg Revenue beat(4)-4.43%
Min Revenue beat(4)-7.66%
Max Revenue beat(4)-1.9%
Revenue beat(8)0
Avg Revenue beat(8)-3.87%
Revenue beat(12)4
Avg Revenue beat(12)-0.19%
Revenue beat(16)8
Avg Revenue beat(16)0.94%
PT rev (1m)0%
PT rev (3m)-3.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-24.23%
EPS NY rev (1m)0.11%
EPS NY rev (3m)-1.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.78%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)-1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.39 | ||
| Fwd PE | 13.21 | ||
| P/S | 0.67 | ||
| P/FCF | 8.3 | ||
| P/OCF | 5.1 | ||
| P/B | 1.12 | ||
| P/tB | 2.8 | ||
| EV/EBITDA | 5.18 |
EPS(TTM)0.79
EY3.65%
EPS(NY)1.64
Fwd EY7.57%
FCF(TTM)2.61
FCFY12.05%
OCF(TTM)4.24
OCFY19.6%
SpS32.54
BVpS19.35
TBVpS7.73
PEG (NY)0.28
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.17% | ||
| ROE | 2.53% | ||
| ROCE | 9.89% | ||
| ROIC | 5.93% | ||
| ROICexc | 6.23% | ||
| ROICexgc | 9.86% | ||
| OM | 10.1% | ||
| PM (TTM) | 1.5% | ||
| GM | 29.8% | ||
| FCFM | 8.01% |
ROA(3y)1.16%
ROA(5y)3.06%
ROE(3y)2.58%
ROE(5y)7.4%
ROIC(3y)3.74%
ROIC(5y)3.52%
ROICexc(3y)3.99%
ROICexc(5y)3.82%
ROICexgc(3y)6.14%
ROICexgc(5y)5.88%
ROCE(3y)6.23%
ROCE(5y)5.9%
ROICexcg growth 3Y-5.5%
ROICexcg growth 5Y-13.15%
ROICexc growth 3Y-6.66%
ROICexc growth 5Y-12.84%
OM growth 3Y-16.96%
OM growth 5Y-16.52%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.68%
GM growth 5Y-5.91%
F-Score8
Asset Turnover0.78
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.47 | ||
| Debt/EBITDA | 1.22 | ||
| Cap/Depr | 73.98% | ||
| Cap/Sales | 5.03% | ||
| Interest Coverage | 15.31 | ||
| Cash Conversion | 77.2% | ||
| Profit Quality | 532.9% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 2.26 |
F-Score8
WACC5.43%
ROIC/WACC1.09
Cap/Depr(3y)59.99%
Cap/Depr(5y)72.66%
Cap/Sales(3y)5.25%
Cap/Sales(5y)6.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-64.89%
EPS 3Y-16.77%
EPS 5Y-22.19%
EPS Q2Q%41.46%
EPS Next Y99.13%
EPS Next 2Y44%
EPS Next 3Y32.95%
EPS Next 5Y20.08%
Revenue 1Y (TTM)-5.24%
Revenue growth 3Y7.76%
Revenue growth 5Y2.85%
Sales Q2Q%1.62%
Revenue Next Year-2.24%
Revenue Next 2Y-0.72%
Revenue Next 3Y0.69%
Revenue Next 5Y1.32%
EBIT growth 1Y381.95%
EBIT growth 3Y-10.52%
EBIT growth 5Y-14.14%
EBIT Next Year291.62%
EBIT Next 3Y63.72%
EBIT Next 5Y36.12%
FCF growth 1Y519.9%
FCF growth 3Y1.28%
FCF growth 5Y-0.27%
OCF growth 1Y77.63%
OCF growth 3Y-2.64%
OCF growth 5Y-1.96%