-0.77%
8.46%
-10.36%
-3.33%
5.74%
-37.01%
-26.79%
AI Spotlight on EVK
Company Description
Evonik Industries AG engages in the specialty chemicals business.It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments.The Specialty Additives segment provides polyurethane additives, organically modified silicones, isophorones, epoxy curing agents, oil additives, fumed silicas, matting agents, TAA and TAA derivatives, and acetylenic diol-based surfactants for consumer goods and specialized industrial applications.
The Nutrition & Care segment offers amphoteric surfactants, ceramides, phytosphingosines, oleochemicals, quaternary derivatives, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, animal nutrition, and healthcare products.The Smart Materials segment provides hydrogen peroxide, peracetic acid, activated nickel catalysts, precious metal powder catalysts, oil and fat hydrogenation catalysts, amorphous polyalphaolefins, polybutadienes, polyester resins, thermoplastic and reactive methacrylate resins, PEEK, polyamide 12, organosilanes, chlorosilanes, fumed silicas, fumed metal oxides, and precipitated silicas for the automotive, paints, coatings, adhesives, construction, and various other sectors.The Performance Materials segment produces polymer materials and intermediates, including butene-1, DINP, isononanol, cyanuric chloride, alkoxides, and superabsorbent for rubber, plastics, and automotive industries.
The Technology & Infrastructure segment provides site management, utilities and waste management, technical, process technology, engineering, and logistics services.It operates in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America.The company was founded in 1873 and is headquartered in Essen, Germany.
Evonik Industries AG is a subsidiary of RAG-Stiftung.
Market Data
| Last Price | 18.14 |
| Change Percentage | -0.77% |
| Open | 18.3 |
| Previous Close | 18.27 |
| Market Cap ( Millions) | 8451 |
| Volume | 775450 |
| Year High | 21.27 |
| Year Low | 16.12 |
| M A 50 | 17.16 |
| M A 200 | 18.98 |
Financial Ratios
| FCF Yield | 13.64% |
| Dividend Yield | 6.45% |
| ROE | 2.54% |
| Debt / Equity | 46.77% |
| Net Debt / EBIDTA | 157.24% |
| Price To Book | 0.93 |
| Price Earnings Ratio | 36.95 |
| Price To FCF | 7.33 |
| Price To sales | 0.56 |
| EV / EBITDA | 5.11 |
News
- Dec -10 - Is Now An Opportune Moment To Examine Evonik Industries AG (ETR:EVK)?
- Nov -24 - Is Evonik Industries AG's (ETR:EVK) Stock On A Downtrend As A Result Of Its Poor Financials?
- Nov -07 - Evonik Industries AG (EVKIF) Q3 2024 Earnings Call Highlights: Strategic Realignment and ...
- Oct -16 - Evonik Industries AG (ETR:EVK) is a favorite amongst institutional investors who own 70%
- Sep -24 - Evonik Industries (ETR:EVK) shareholders have endured a 13% loss from investing in the stock three years ago
- Sep -12 - Seeking More Sustainable Ingredients, L’Oréal Invests in French Biotech Company
- Aug -29 - Evonik’s expanded Singapore methionine facility becomes world’s largest
- Jul -12 - Are Investors Undervaluing Evonik Industries AG (ETR:EVK) By 41%?
- Jul -09 - HPQ Silica Polvere Signs Letter of Intent with Evonik Corporation
- Jul -01 - Evonik Creavis opens new satellite innovation facility in Cambridge, Massachusetts
- Jun -18 - Should You Think About Buying Evonik Industries AG (ETR:EVK) Now?
- Jun -06 - Evonik Industries AG's Dividend Analysis
- May -10 - Evonik Industries First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
- May -08 - UPDATE 1-Evonik expects Q2 core profit in line with Q1, confirms 2024 outlook
- May -08 - UPDATE 2-Evonik expects Q2 core profit in line with Q1, confirms 2024 outlook
- Apr -16 - Shareholders in Evonik Industries (ETR:EVK) are in the red if they invested three years ago
- Mar -06 - Evonik Industries Full Year 2023 Earnings: Misses Expectations
- Mar -04 - Basic Materials Roundup: Market Talk
- Mar -04 - UPDATE 2-European stocks hover near record highs at start of busy week
- Mar -04 - Evonik to Cut Workforce by 6% Amid Challenging Market
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Smart Materials
Expected Growth : 1.8 %
What the company do ?
Smart Materials from Evonik Industries AG are innovative materials that can change their properties in response to temperature, light, or other stimuli, enabling advanced applications in fields like healthcare, energy, and aerospace.
Why we expect these perspectives ?
Evonik's Smart Materials segment growth is driven by increasing demand for sustainable and eco-friendly products, advancements in technologies such as 3D printing and nanotechnology, and growing adoption in industries like automotive, aerospace, and healthcare. Additionally, the company's focus on R&D and strategic partnerships contribute to its 1.8% growth rate.
Segment n°2 -> Nutrition & Care
Expected Growth : 1.5 %
What the company do ?
Nutrition & Care from Evonik Industries AG provides specialty chemicals for human and animal nutrition, as well as for personal and household care products.
Why we expect these perspectives ?
Evonik's Nutrition & Care segment growth is driven by increasing demand for sustainable and specialty animal feed, rising popularity of natural and organic personal care products, and growing need for bio-based and biodegradable materials. Additionally, the segment benefits from its strong market position, innovative product portfolio, and strategic partnerships.
Segment n°3 -> Speciality Additives
Expected Growth : 1.2 %
What the company do ?
Specialty Additives from Evonik Industries AG are high-performance additives for coatings, adhesives, and construction materials, enhancing durability, scratch resistance, and UV protection.
Why we expect these perspectives ?
Evonik's Speciality Additives segment growth of 1.2% is driven by increasing demand for sustainable and eco-friendly products, growth in the automotive and construction industries, and the company's strategic focus on innovative and high-margin products, such as coatings and adhesives additives.
Segment n°4 -> Performance Materials
Expected Growth : 1.8 %
What the company do ?
Performance Materials from Evonik Industries AG refers to a range of specialty chemicals and materials used in various industries, including coatings, adhesives, and plastics.
Why we expect these perspectives ?
Evonik's Performance Materials segment growth of 1.8% is driven by increasing demand for specialty additives in the automotive and construction industries, as well as growing sales of high-performance polymers in the electronics and healthcare sectors. Additionally, the company's focus on innovation and sustainability has led to the development of new products and applications, contributing to the segment's growth.
Segment n°5 -> Technology & Infrastructure
Expected Growth : 2.5 %
What the company do ?
Evonik Industries AG's Technology & Infrastructure segment offers specialty chemicals and materials for the oil and gas, construction, and automotive industries.
Why we expect these perspectives ?
Evonik's Technology & Infrastructure segment growth of 2.5% is driven by increasing demand for specialty chemicals in the automotive and construction industries, as well as the company's focus on digitalization and sustainability initiatives, leading to improved operational efficiency and reduced costs.
Segment n°6 -> Enabling, Functions, Other Activities, Consolidation
Expected Growth : 1.0 %
What the company do ?
Enabling: R&D, Functions: operational efficiency, Other Activities: venture capital, Consolidation: integrating businesses, all contributing to Evonik Industries AG's growth and innovation.
Why we expect these perspectives ?
Evonik Industries AG's 1.0% growth is driven by enabling factors such as strategic M&A, R&D investments, and operational efficiency. Functional drivers include diversified product portfolio, strong brand recognition, and global market presence. Other activities contributing to growth are sustainable solutions, digitalization, and innovation. Consolidation efforts focus on integrating acquired businesses, optimizing production, and reducing costs.
Evonik Industries Ag Products
| Product Range | What is it ? |
|---|---|
| Coatings Additives | Specialty additives for coatings, paints, and inks to improve performance, appearance, and sustainability. |
| Animal Nutrition | Amino acids, vitamins, and other nutritional products for animal feed to promote healthy growth and well-being. |
| Smart Materials | Innovative materials for 3D printing, composites, and other applications requiring unique properties. |
| Health Care | Pharmaceutical excipients, active pharmaceutical ingredients, and medical device materials. |
| Catalysts | Homogeneous and heterogeneous catalysts for the chemical industry, oil refining, and petrochemicals. |
| Crosslinkers | Specialty chemicals for crosslinking reactions in coatings, adhesives, and composites. |
| Silica | High-purity silica products for applications in tires, coatings, and other industries. |
Evonik Industries AG's Porter Forces
Threat Of Substitutes
Evonik Industries AG operates in a highly competitive market with many substitutes available, but the company's strong brand recognition and high-quality products help to mitigate the threat.
Bargaining Power Of Customers
Evonik Industries AG has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often customized to meet specific customer needs, making it difficult for customers to switch to alternative suppliers.
Bargaining Power Of Suppliers
Evonik Industries AG relies on a network of suppliers for raw materials and services. While the company has some bargaining power due to its large scale, suppliers also have some leverage due to the specialized nature of some of the materials and services required.
Threat Of New Entrants
The chemical industry has high barriers to entry, including significant capital requirements and regulatory hurdles. Additionally, Evonik Industries AG's strong brand recognition and established customer relationships make it difficult for new entrants to gain traction.
Intensity Of Rivalry
The chemical industry is highly competitive, with many established players competing for market share. Evonik Industries AG faces intense competition from companies such as BASF, Bayer, and Lanxess, which can lead to pricing pressure and reduced profit margins.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 27.98% |
| Debt Cost | 3.95% |
| Equity Weight | 72.02% |
| Equity Cost | 9.24% |
| WACC | 7.76% |
| Leverage | 38.84% |
Evonik Industries AG : Quality Control
Evonik Industries AG passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CLN.SW | Clariant AG operates as a specialty chemical company worldwide. It operates through three segments: Care Chemicals, Catalysis, Natural Resources. The company offers flame retardants, performance additives, and advanced surface solutions … |
| FPE3.DE | Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and … |
| IMCD.AS | IMCD N.V. distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Middle East, Africa, North America, South America, and the Asia-Pacific. The company offers … |
| BNR.DE | Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. The company operates … |
| AKE.PA | Arkema S.A. manufactures and sells specialty chemicals and advanced materials worldwide. The company operates through Adhesive Solutions, Advanced Materials, Coating Solutions, and Intermediates segments. It provides adhesive solutions for construction, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Evonik
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Fuchs Petrolub
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Brenntag
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4
Arkema
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5
IMCD
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6
