Financials LANXESS AG

Equities

LXS

DE0005470405

Diversified Chemicals

Market Closed - Xetra 16:35:28 21/06/2024 BST 5-day change 1st Jan Change
21.83 EUR -2.28% Intraday chart for LANXESS AG +1.39% -23.05%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,231 5,419 4,701 3,255 2,450 1,885 - -
Enterprise Value (EV) 1 6,973 6,431 6,946 7,069 4,948 4,420 4,273 4,057
P/E ratio 25.8 x 6.14 x 17.6 x 17.7 x 5.53 x -9.25 x 149 x 18.1 x
Yield 1.59% 1.59% 1.93% 2.79% 0.35% 0.62% 2.24% 2.7%
Capitalization / Revenue 0.73 x 0.89 x 0.62 x 0.4 x 0.36 x 0.28 x 0.27 x 0.26 x
EV / Revenue 0.98 x 1.05 x 0.92 x 0.87 x 0.74 x 0.66 x 0.61 x 0.56 x
EV / EBITDA 6.84 x 7.46 x 6.88 x 7.6 x 9.66 x 7.79 x 5.65 x 4.82 x
EV / FCF 51.7 x 49.9 x -174 x -28.5 x 9.66 x 30.2 x 18.4 x 10.8 x
FCF Yield 1.94% 2.01% -0.58% -3.51% 10.3% 3.31% 5.44% 9.22%
Price to Book 2 x 1.83 x 1.25 x 0.74 x 0.54 x 0.44 x 0.44 x 0.43 x
Nbr of stocks (in thousands) 87,448 86,346 86,258 86,346 86,346 86,346 - -
Reference price 2 59.82 62.76 54.50 37.70 28.37 21.83 21.83 21.83
Announcement Date 11/03/20 11/03/21 11/03/22 15/03/23 14/03/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,131 6,104 7,557 8,088 6,714 6,660 7,039 7,287
EBITDA 1 1,019 862 1,010 930 512 567.8 756.7 842.1
EBIT 1 557 396 500 389 -53 26.66 213.6 307
Operating Margin 7.81% 6.49% 6.62% 4.81% -0.79% 0.4% 3.03% 4.21%
Earnings before Tax (EBT) 1 346 1,074 303 257 -947 -228 65.74 183.7
Net income 1 205 885 267 250 443 -223.9 5.264 72.2
Net margin 2.87% 14.5% 3.53% 3.09% 6.6% -3.36% 0.07% 0.99%
EPS 2 2.320 10.22 3.090 2.130 5.130 -2.359 0.1469 1.207
Free Cash Flow 1 135 129 -40 -248 512 146.2 232.5 374
FCF margin 1.89% 2.11% -0.53% -3.07% 7.63% 2.2% 3.3% 5.13%
FCF Conversion (EBITDA) 13.25% 14.97% - - 100% 25.75% 30.73% 44.41%
FCF Conversion (Net income) 65.85% 14.58% - - 115.58% - 4,417.2% 518.07%
Dividend per Share 2 0.9500 1.000 1.050 1.050 0.1000 0.1354 0.4888 0.5892
Announcement Date 11/03/20 11/03/21 11/03/22 15/03/23 14/03/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 3,140 2,082 2,432 1,999 3,930 2,185 1,973 1,899 1,778 1,601 1,436 1,607 1,709 1,810 1,693 1,742 1,777
EBITDA 1 - 213 320 253 515 240 175 189 107 119 97 101 132.4 177.2 153.6 168.4 182.6
EBIT 1 165 72 182 122 260 101 28 53 -29 -22 -55 -38 -4.91 46.41 34.41 49.98 43.13
Operating Margin 5.25% 3.46% 7.48% 6.1% 6.62% 4.62% 1.42% 2.79% -1.63% -1.37% -3.83% -2.36% -0.29% 2.56% 2.03% 2.87% 2.43%
Earnings before Tax (EBT) - 16 - 67 - 120 -21 13 -157 -142 -661 -119 - - - - -
Net income - 29 98 93 - 80 -21 -44 1,371 -131 -753 -98 - - - - -
Net margin - 1.39% 4.03% 4.65% - 3.66% -1.06% -2.32% 77.11% -8.18% -52.44% -6.1% - - - - -
EPS 9.930 0.3400 1.130 1.080 2.210 0.9300 -0.1600 -0.5100 15.88 -1.520 -8.720 -1.130 - - - - -
Dividend per Share 2 - 1.050 - - - - 1.050 - - - 0.1000 - - - 0.1600 - -
Announcement Date 13/08/20 11/03/22 05/05/22 04/08/22 04/08/22 09/11/22 15/03/23 10/05/23 04/08/23 08/11/23 14/03/24 08/05/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,742 1,012 2,245 3,814 2,498 2,535 2,388 2,172
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.71 x 1.174 x 2.223 x 4.101 x 4.879 x 4.466 x 3.156 x 2.579 x
Free Cash Flow 1 135 129 -40 -248 512 146 233 374
ROE (net income / shareholders' equity) 7.52% 31.2% 7.9% 6.11% 9.93% -1.91% 1.9% 4.8%
ROA (Net income/ Total Assets) 2.36% 10.1% 2.75% 2.29% 4.23% -2.09% -0.03% 0.95%
Assets 1 8,691 8,788 9,699 10,905 10,476 10,706 -18,725 7,600
Book Value Per Share 2 30.00 34.30 43.50 51.20 52.10 50.00 50.00 50.80
Cash Flow per Share 2 7.280 6.760 4.710 1.350 9.710 4.580 5.960 5.910
Capex 1 508 456 479 407 326 349 385 400
Capex / Sales 7.12% 7.47% 6.34% 5.03% 4.86% 5.24% 5.47% 5.49%
Announcement Date 11/03/20 11/03/21 11/03/22 15/03/23 14/03/24 - - -
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
HOLD
Number of Analysts
19
Last Close Price
21.83 EUR
Average target price
28.71 EUR
Spread / Average Target
+31.52%
Consensus
  1. Stock Market
  2. Equities
  3. LXS Stock
  4. Financials LANXESS AG