Valuation Henkel AG & Co. KGaA

Equities

Market Closed - Xetra Other stock markets 16:36:54 19/01/2026 GMT			5-day change	1st Jan Change
72.10 ^EUR	-0.58%		+0.90%	+3.62%

01-19	Wendel confirms that it is in non-exclusive discussions with Henkel regarding a potential transaction involving Stahl	RE
01-19	Henkel Confirms Talks Over Acquisition of Stahl Holdings	DP

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	36,577	30,243	26,475	28,729	32,875	28,300	28,300	-
Change	-	-17.32%	-12.46%	8.52%	14.43%	-13.92%	0%	-
Enterprise Value (EV) ¹	38,052	31,279	28,294	29,047	32,187	27,921	26,809	25,593
Change	-	-17.8%	-9.55%	2.66%	10.81%	-13.25%	-3.98%	-4.53%
P/E ratio	28.4x	18.8x	22x	23.1x	17.6x	14.5x	14x	13.2x
PBR	2.25x	1.57x	1.37x	-	1.63x	1.34x	1.26x	1.19x
PEG	-	1.2x	-1x	3.41x	0.3x	4.05x	3.68x	2.29x
Capitalization / Revenue	1.9x	1.51x	1.13x	1.34x	1.52x	1.37x	1.36x	1.33x
EV / Revenue	1.98x	1.56x	1.21x	1.35x	1.49x	1.35x	1.29x	1.2x
EV / EBITDA	10.4x	9.21x	9.83x	8.36x	8.47x	7.48x	7.05x	6.48x
EV / EBIT	14.8x	11.6x	12.2x	11.4x	10.4x	9.12x	8.54x	7.83x
EV / FCF	16.1x	21.2x	43.3x	11x	12.9x	13x	12.7x	11.5x
FCF Yield	6.22%	4.73%	2.31%	9.11%	7.75%	7.69%	7.87%	8.67%
Dividend per Share ²	1.85	1.83	1.85	1.85	2.04	2.101	2.176	2.279
Rate of return	2%	2.57%	2.85%	2.54%	2.41%	2.91%	3.02%	3.16%
EPS ²	3.25	3.78	2.95	3.15	4.8	4.972	5.161	5.458
Distribution rate	56.9%	48.4%	62.7%	58.7%	42.5%	42.3%	42.2%	41.8%
Net sales ¹	19,250	20,066	23,397	21,514	21,586	20,632	20,738	21,306
EBITDA ¹	3,675	3,395	2,879	3,474	3,799	3,732	3,804	3,952
EBIT ¹	2,579	2,686	2,319	2,556	3,089	3,063	3,139	3,267
Net income ¹	1,408	1,634	1,259	1,318	2,007	2,051	2,101	2,211
Net Debt ¹	1,475	1,036	1,819	318	-688	-378.8	-1,491	-2,706
Reference price ²	92.30	71.14	65.02	72.86	84.70	72.10	72.10	72.10
Nbr of stocks (in thousands)	434,143	434,032	426,105	422,091	419,327	406,939	406,939	-
Announcement Date	04/03/21	23/02/22	07/03/23	04/03/24	11/03/25	-	-	-

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.($)
HENKEL AG & CO. KGAA	14.59x	1.36x	7.5x	2.9%	32.9B
H.B. FULLER COMPANY	20.24x	1.48x	8.36x	1.52%	3.28B
LINTEC CORPORATION	17.04x	0.83x	6.32x	2.35%	1.95B
CHENGDU GUIBAO SCIENCE & TECHNOLOGY CO.,LTD.	27.99x	-	-	-	1.28B
SHANGHAI SMITH ADHESIVE NEW MATERIAL CO.,LTD	95.61x	-	-	-	1.11B
Average	35.09x	1.22x	7.39x	2.26%	8.1B
Weighted average by Cap.	17.80x	1.34x	7.51x	2.75%