Financials Evonik Industries AG

Equities

EVK

DE000EVNK013

Specialty Chemicals

Market Closed - Xetra 16:35:18 19/07/2024 BST 5-day change 1st Jan Change
18.78 EUR -2.54% Intraday chart for Evonik Industries AG -0.71% +1.49%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,661 12,410 13,267 8,358 8,621 8,749 - -
Enterprise Value (EV) 1 13,931 15,845 16,124 11,615 11,931 12,101 11,804 11,470
P/E ratio 6.02 x 26.7 x 17.8 x 15.5 x -18.5 x 17.1 x 13.9 x 11.8 x
Yield 4.23% 4.31% 4.11% 6.52% 6.32% 6.24% 6.31% 6.35%
Capitalization / Revenue 0.97 x 1.02 x 0.89 x 0.45 x 0.56 x 0.57 x 0.56 x 0.54 x
EV / Revenue 1.06 x 1.3 x 1.08 x 0.63 x 0.78 x 0.79 x 0.75 x 0.7 x
EV / EBITDA 6.47 x 8.31 x 6.77 x 4.66 x 7.2 x 6.03 x 5.42 x 4.9 x
EV / FCF 31.6 x 20.6 x 17 x 14.8 x 14.9 x 14.5 x 13.6 x 12.4 x
FCF Yield 3.17% 4.87% 5.89% 6.76% 6.71% 6.89% 7.34% 8.07%
Price to Book 1.41 x 1.55 x 1.43 x 0.76 x 0.97 x 0.99 x 0.97 x 0.94 x
Nbr of stocks (in thousands) 465,290 465,159 466,000 466,000 466,000 466,000 - -
Reference price 2 27.21 26.68 28.47 17.94 18.50 18.78 18.78 18.78
Announcement Date 04/03/20 04/03/21 03/03/22 02/03/23 05/03/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 13,108 12,199 14,955 18,488 15,267 15,347 15,720 16,305
EBITDA 1 2,153 1,906 2,383 2,490 1,656 2,008 2,178 2,342
EBIT 1 1,201 890 1,338 1,350 521 931.6 1,056 1,219
Operating Margin 9.16% 7.3% 8.95% 7.3% 3.41% 6.07% 6.72% 7.47%
Earnings before Tax (EBT) 1 954 684 1,085 923 -351 789.8 912 1,061
Net income 1 2,106 465 746 540 -465 525.1 633.7 755
Net margin 16.07% 3.81% 4.99% 2.92% -3.05% 3.42% 4.03% 4.63%
EPS 2 4.520 1.000 1.600 1.160 -1.000 1.098 1.349 1.595
Free Cash Flow 1 441 771 950 785 801 833.8 866.1 926
FCF margin 3.36% 6.32% 6.35% 4.25% 5.25% 5.43% 5.51% 5.68%
FCF Conversion (EBITDA) 20.48% 40.45% 39.87% 31.53% 48.37% 41.53% 39.76% 39.54%
FCF Conversion (Net income) 20.94% 165.81% 127.35% 145.37% - 158.79% 136.67% 122.64%
Dividend per Share 2 1.150 1.150 1.170 1.170 1.170 1.172 1.185 1.192
Announcement Date 04/03/20 04/03/21 03/03/22 02/03/23 05/03/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 6,069 6,994 4,090 4,498 4,772 4,878 4,340 4,005 3,886 3,771 3,605 3,796 3,985 7,783 3,815 3,628 3,934 -
EBITDA 1 970 1,237 502 735 728 615 413 409 450 485 312 522 542.8 1,056 541.1 415.4 477.5 -
EBIT 1 475 734 217 472 456 342 80 130 157 202 32 266 269.2 530 272.1 145.5 198.1 -
Operating Margin 7.83% 10.49% 5.31% 10.49% 9.56% 7.01% 1.84% 3.25% 4.04% 5.36% 0.89% 7.01% 6.76% 6.81% 7.13% 4.01% 5.04% -
Earnings before Tax (EBT) - - 123 444 425 305 -224 69 -285 -114 -20 - - - - - - -
Net income 1 - 405 106 314 297 214 -284 47 -270 -96 -146 156 147.4 301 138.3 46.25 - -
Net margin - 5.79% 2.59% 6.98% 6.22% 4.39% -6.54% 1.17% -6.95% -2.55% -4.05% 4.11% 3.7% 3.87% 3.62% 1.28% - -
EPS 2 - - 0.2300 0.6700 0.6400 0.4600 -0.6100 0.1000 -0.5800 -0.2100 -0.3200 0.3300 0.3186 0.6500 0.2968 0.0993 - -
Dividend per Share 2 - - 1.170 - - - 1.170 - - - 1.170 - - - - 0.5850 - -
Announcement Date 04/08/20 05/08/21 03/03/22 06/05/22 10/08/22 08/11/22 02/03/23 09/05/23 10/08/23 07/11/23 05/03/24 08/05/24 - - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,270 3,435 2,857 3,257 3,310 3,352 3,055 2,721
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.5899 x 1.802 x 1.199 x 1.308 x 1.999 x 1.669 x 1.402 x 1.162 x
Free Cash Flow 1 441 771 950 785 801 834 866 926
ROE (net income / shareholders' equity) 25.2% 7.54% 8.62% 5.33% 3.72% 6.7% 8.19% 9.57%
ROA (Net income/ Total Assets) 4.26% 2.98% 3.46% 2.45% -2.23% 3.3% 3.73% 4.32%
Assets 1 49,390 15,592 21,591 22,047 20,875 15,915 16,999 17,494
Book Value Per Share 2 19.30 17.20 19.90 23.50 19.10 19.00 19.40 19.90
Cash Flow per Share 2 2.840 3.710 3.890 3.540 3.420 3.330 3.580 3.740
Capex 1 880 956 865 865 793 763 804 836
Capex / Sales 6.71% 7.84% 5.78% 4.68% 5.19% 4.97% 5.12% 5.13%
Announcement Date 04/03/20 04/03/21 03/03/22 02/03/23 05/03/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
18.78 EUR
Average target price
22.31 EUR
Spread / Average Target
+18.81%
Consensus
  1. Stock Market
  2. Equities
  3. EVK Stock
  4. Financials Evonik Industries AG