Valuation Bayer AG

Equities

Market Closed - Xetra Other stock markets 16:37:54 22/04/2026 BST			5-day change	1st Jan Change
40.24 ^EUR	+0.68%		-0.91%	+8.73%

04-21	BAYER AG : Gets a Buy rating from JP Morgan	ZD
04-20	BAYER AG : Goldman Sachs reiterates its Buy rating	ZD

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	46,174	47,476	33,039	18,975	36,360	39,562	-	-
Change	-	2.82%	-30.41%	-42.57%	91.62%	8.81%	-	-
Enterprise Value (EV) ¹	79,140	78,749	67,302	51,329	82,696	71,796	68,884	66,352
Change	-	-0.49%	-14.54%	-23.73%	61.11%	-13.18%	-4.06%	-3.68%
P/E ratio	46.1x	11.5x	-11.2x	-7.43x	-10.1x	20.1x	13x	11.4x
PBR	1.4x	1.22x	1x	0.59x	1.4x	1.42x	1.29x	1.18x
PEG	-	0x	0x	0.6x	-0.2x	-0x	0.2x	0.8x
Capitalization / Revenue	1.05x	0.94x	0.69x	0.41x	0.8x	0.87x	0.85x	0.82x
EV / Revenue	1.8x	1.55x	1.41x	1.1x	1.81x	1.58x	1.48x	1.37x
EV / EBITDA	7.08x	5.83x	5.75x	5.07x	8.55x	7.61x	6.88x	6.12x
EV / EBIT	10.8x	8.51x	8.87x	9.44x	16.2x	13.1x	11.2x	9.72x
EV / FCF	31.9x	19x	28.4x	11.2x	24x	-36.6x	20.1x	16.8x
FCF Yield	3.13%	5.26%	3.52%	8.94%	4.16%	-2.73%	4.98%	5.97%
Dividend per Share ²	2	2.4	0.11	0.11	0.11	0.2147	0.7026	1.146
Rate of return	4.26%	4.97%	0.33%	0.57%	0.3%	0.53%	1.75%	2.85%
EPS ²	1.02	4.22	-2.99	-2.6	-3.68	2.002	3.086	3.538
Distribution rate	196%	56.9%	-3.68%	-4.23%	-2.99%	10.7%	22.8%	32.4%
Net sales ¹	44,081	50,739	47,637	46,606	45,575	45,322	46,566	48,445
EBITDA ¹	11,179	13,513	11,706	10,123	9,669	9,435	10,014	10,850
EBIT ¹	7,295	9,257	7,589	5,436	5,108	5,496	6,127	6,824
Net income ¹	1,000	4,150	-2,941	-2,552	-3,620	1,917	2,987	3,565
Net Debt ¹	32,966	31,273	34,263	32,354	46,336	32,234	29,322	26,790
Reference price ²	47.00	48.32	33.63	19.31	37.01	40.24	40.24	40.24
Nbr of stocks (in thousands)	982,424	982,424	982,424	982,424	982,424	982,424	-	-
Announcement Date	01/03/22	28/02/23	05/03/24	04/03/25	04/03/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BAYER AG	19.96x	1.58x	7.58x	0.54%	46.15B
ELI LILLY AND COMPANY	26.59x	10.07x	20.68x	0.75%	808B
JOHNSON & JOHNSON	24.17x	5.58x	15.18x	2.36%	545B
ABBVIE INC.	23.4x	6.19x	12.63x	3.34%	363B
ROCHE HOLDING AG	17.03x	4.19x	10.31x	3.16%	325B
ASTRAZENECA PLC	24.81x	5.13x	14.49x	1.69%	305B
NOVARTIS AG	20.63x	5.55x	13.42x	2.97%	284B
MERCK & CO., INC.	27.07x	4.67x	14.47x	3%	278B
AMGEN INC.	22.66x	6x	10.56x	2.92%	186B
NOVO NORDISK A/S	11.72x	4.24x	8.87x	4.42%	172B
Average	21.80x	5.32x	12.82x	2.51%	331.2B
Weighted average by Cap.	23.18x	6.38x	14.80x	2.31%