0.85%
10.85%
-1.87%
-11.54%
-1.71%
-26.50%
36.02%
AI Spotlight on SIKA
Company Description
Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and automotive industry worldwide.It offers tile adhesives and grouts, and systems for under-tile waterproofing and sound reduction, as well as renders and decorative finishes for exterior and interior walls; and develops and markets various admixtures and additives for use in concrete, cement, and mortar production, as well as flat roofing systems.The company also provides a range of technologies used for below and aboveground waterproofing, including flexible membrane systems, liquid applied membranes, joint waterproofing systems, waterproofing mortars and mortar admixtures, and injection resins and grouts for use in various markets, such as commercial and residential basements, tunnels, bridges, and various types of water-retaining structures, such as reservoirs, storage basins, and storage tanks.
Further, it offers flooring solutions, such as synthetic resin and cementitious systems for industrial and commercial buildings; and sealants, tapes, spray foams, and elastic adhesives for the building envelope, interior finishing, and infrastructure construction applications.In addition, the company provides repair, strengthening, and protective solutions for concrete structures, such as repair mortars, shrinking grouts, anchoring adhesives, protective coatings, and corrosion control and structural strengthening systems.It serves automobile and commercial vehicle assembly, automotive aftermarket, marine vessel, industrial lamination, renewable energy, and facade engineering industries.
The company was founded in 1910 and is headquartered in Baar, Switzerland.
Market Data
| Last Price | 236 |
| Change Percentage | 0.85% |
| Open | 235 |
| Previous Close | 234 |
| Market Cap ( Millions) | 37862 |
| Volume | 133217 |
| Year High | 287.6 |
| Year Low | 210.4 |
| M A 50 | 225.46 |
| M A 200 | 252.81 |
Financial Ratios
| FCF Yield | 3.86% |
| Dividend Yield | 1.40% |
| ROE | 19.90% |
| Debt / Equity | 98.65% |
| Net Debt / EBIDTA | 248.55% |
| Price To Book | 5.9 |
| Price Earnings Ratio | 30.86 |
| Price To FCF | 25.94 |
| Price To sales | 3.23 |
| EV / EBITDA | 19.06 |
News
- Jan -16 - SIKA EXPANDS ITS GLOBAL FOOTPRINT WITH NEW PLANTS IN SINGAPORE AND CHINA
- Jan -09 - SIKA POSTS RECORD SALES OF CHF 11.76 BILLION IN 2024 – GROWTH OF 7.4% IN LOCAL CURRENCIES
- Nov -06 - SIKA CLOSES ACQUISITION OF CHEMA – A HIGH-PERFORMING MORTAR COMPANY IN PERU
- Oct -25 - SIKA SETS NEW RECORDS IN SALES AND PROFIT – ORGANIC GROWTH ACCELERATES FURTHER
- Oct -03 - SIKA CAPITAL MARKETS DAY: UNLOCK GROWTH – DURABILITY AND CIRCULARITY IN CONSTRUCTION AND INDUSTRY
- Aug -13 - SIKA SIGNIFICANTLY EXPANDS ITS MORTAR PRODUCTION IN INDONESIA
- Aug -02 - SIKA ACQUIRES LEADING CONSTRUCTION CHEMICALS COMPANY IN THE DOMINICAN REPUBLIC
- Jul -30 - FURTHER EXPANSION OF MARKET SHARE - SIKA POSTS RECORD RESULTS IN FIRST HALF OF THE YEAR
- Jun -12 - SIKA OPENED NEW STATE-OF-THE-ART PLANT IN NORTHEAST CHINA
- May -30 - SIKA RECEIVED SBTi VALIDATION FOR ITS NET-ZERO TARGETS
- May -13 - SIKA SUCCESSFULLY PLACES CHF 400 MILLION BOND
- Apr -26 - Stocks to watch this week: Amazon, Apple, Anglo American and Novo Nordisk
- Apr -25 - SIKA OPENS MACROFIBER PRODUCTION HUB IN PERU TO MEET FAST-GROWING DEMAND IN LATIN AMERICA
- Apr -16 - STRONG START TO THE YEAR: RECORD SALES AND HIGH, DOUBLE-DIGIT GROWTH IN THE FIRST QUARTER
- Apr -03 - SIKA ACQUIRES INFRASTRUCTURE REFURBISHMENT COMPANY IN THE UNITED STATES
- Mar -26 - ANNUAL GENERAL MEETING APPROVES BOARD OF DIRECTORS' PROPOSALS
- Feb -23 - 2024 ANNUAL GENERAL MEETING OF SIKA AG
- Feb -16 - RECORD RESULTS FOR SALES, CASH FLOW, AND ADJUSTED EBIT
- Jan -10 - SIKA POSTS RECORD SALES OF CHF 11.24 BILLION IN 2023 - GROWTH OF 7.1% IN CHF
- Dec -19 - SIKA ESTABLISHES TECHNOLOGY HUB FOR SHOTCRETE ACCELERATORS AND INVESTS IN SWITZERLAND
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Admixtures and Additives
Expected Growth : 2 %
What the company do ?
Admixtures and Additives from Sika AG are chemical products used to enhance concrete performance, workability, and sustainability, improving its strength, durability, and aesthetic appeal.
Why we expect these perspectives ?
Sika AG's Admixtures and Additives segment growth is driven by increasing demand for sustainable and energy-efficient construction, infrastructure development, and renovation projects. Additionally, the company's innovative products and solutions, such as its concrete admixtures and cement additives, contribute to the growth. Furthermore, the trend towards urbanization and the need for durable and long-lasting infrastructure also support the segment's growth.
Segment n°2 -> Industrial Manufacturing
Expected Growth : 3 %
What the company do ?
Industrial Manufacturing from Sika AG refers to the production of specialized chemicals and materials for bonding, sealing, damping, and reinforcing various industrial applications.
Why we expect these perspectives ?
Sika AG's Industrial Manufacturing segment growth is driven by increasing demand for sustainable and energy-efficient solutions, expansion in emerging markets, and strategic acquisitions. Additionally, the company's focus on innovation, digitalization, and operational efficiency improvements also contribute to its growth.
Sika Ag Products
| Product Range | What is it ? |
|---|---|
| Concrete Admixtures | Chemical additives that improve the quality of concrete, including high-range water reducers, retarding agents, and air-entraining agents. |
| SikaBond Adhesives | High-performance adhesives for bonding a wide range of materials, including wood, metal, and plastics. |
| SikaRoof Waterproofing Systems | Comprehensive waterproofing solutions for roofs, including membranes, coatings, and sealants. |
| SikaFloor Industrial Flooring | Durable and resistant flooring systems for industrial applications, including epoxy, polyurethane, and polyurea coatings. |
| SikaCem Concrete Repair | Specialized repair mortars and concrete repair systems for restoring damaged concrete structures. |
| SikaProof Waterproofing Membranes | High-performance waterproofing membranes for below-grade and above-grade applications. |
| SikaSeal Sealants | High-performance sealants for sealing joints and gaps in buildings, including silicone, polyurethane, and acrylic-based products. |
Sika AG's Porter Forces
Threat Of Substitutes
Sika AG operates in the chemical industry, which has a moderate threat of substitutes. While there are some substitutes available, they are not easily accessible and are often more expensive.
Bargaining Power Of Customers
Sika AG has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often customized, making it difficult for customers to switch to alternative suppliers.
Bargaining Power Of Suppliers
Sika AG relies on a few large suppliers for raw materials, which gives them some bargaining power. However, the company's large scale of operations and diversified supply chain mitigate this risk.
Threat Of New Entrants
The chemical industry has high barriers to entry, including significant capital requirements and regulatory hurdles. This makes it difficult for new entrants to compete with established players like Sika AG.
Intensity Of Rivalry
The chemical industry is highly competitive, with many established players competing for market share. Sika AG faces intense rivalry from companies like BASF, Henkel, and 3M.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 48.39% |
| Debt Cost | 5.52% |
| Equity Weight | 51.61% |
| Equity Cost | 8.33% |
| WACC | 6.97% |
| Leverage | 93.76% |
Sika AG : Quality Control
Sika AG passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GIVN.SW | Givaudan SA, together with its subsidiaries, manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry. The company operates through in divisions, Fragrance & Beauty, … |
| EMSN.SW | EMS-CHEMIE HOLDING AG engages in the high performance polymers and specialty chemicals businesses worldwide. The company's High Performance Polymers segment is involved in the manufacture and supply of high-performance polyamides … |
| AI.PA | L'Air Liquide S.A. provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company's Gas & … |
| CRH.L | CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates in three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, … |
| LIN.DE | Linde plc operates as an industrial gas and engineering company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. It offers atmospheric gases, including oxygen, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Air Liquide
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Givaudan
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EMS-Chemie
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