Company Valuation: LANXESS AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,701 3,255 2,450 2,036 1,521 1,251 - -
Change - -30.76% -24.75% -16.88% -25.28% -17.76% - -
Enterprise Value (EV) 1 6,946 7,069 4,948 4,417 3,544 3,308 3,277 3,246
Change - 1.77% -30.01% -10.72% -19.76% -6.66% -0.93% -0.95%
P/E 17.6x 17.7x 5.53x -11.5x -2.64x -5.32x -7.73x -10.3x
PBR 1.25x 0.74x 0.54x 0.44x 0.44x 0.38x 0.38x 0.42x
PEG - -0.6x 0x 0x -0x 0.1x 0.2x 0.4x
Capitalization / Revenue 0.62x 0.4x 0.36x 0.32x 0.27x 0.22x 0.21x 0.21x
EV / Revenue 0.92x 0.87x 0.74x 0.69x 0.62x 0.57x 0.56x 0.54x
EV / EBITDA 6.88x 7.6x 9.66x 7.19x 6.95x 6.69x 6x 5.51x
EV / EBIT 13.9x 18.2x -93.4x 83.3x -131x 130x 40.8x 29x
EV / FCF -174x -28.5x 9.66x 23.5x -118x 60.2x 34.5x 22.3x
FCF Yield -0.58% -3.51% 10.3% 4.26% -0.85% 1.66% 2.9% 4.48%
Dividend per Share 2 1.05 1.05 0.1 0.1 0.1 0.1 0.211 0.2875
Rate of return 1.93% 2.79% 0.35% 0.42% 0.57% 0.69% 1.46% 1.98%
EPS 2 3.09 2.13 5.13 -2.05 -6.68 -2.722 -1.875 -1.406
Distribution rate 34% 49.3% 1.95% -4.88% -1.5% -3.67% -11.3% -20.5%
Net sales 1 7,557 8,088 6,714 6,366 5,673 5,774 5,901 6,062
EBITDA 1 1,010 930 512 614 510 494.9 546.3 588.8
EBIT 1 500 389 -53 53 -27 25.35 80.41 111.9
Net income 1 267 250 443 -177 -577 -241 -102 -55.04
Net Debt 1 2,245 3,814 2,498 2,381 2,023 2,057 2,026 1,995
Reference price 2 54.50 37.70 28.37 23.58 17.62 14.49 14.49 14.49
Nbr of stocks (in thousands) 86,258 86,346 86,346 86,346 86,346 86,346 - -
Announcement Date 3/11/22 A 3/15/23 A 3/14/24 A 3/19/25 A 3/18/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.83x3.53x9.99x2% 69.76B
12.4x0.94x7.83x4.34% 52.47B
58.06x9.32x39.69x0.94% 17.35B
13.09x0.87x6.12x2.8% 13.6B
16.09x0.73x7.86x3.07% 10.35B
13.3x0.75x5.15x2.7% 10.05B
38.15x1.73x9.13x2.01% 9.63B
32.3x4.41x18.87x0.36% 8.05B
5.43x0.69x3.26x-.--% 7.49B
Average 23.18x 2.55x 11.99x 2.02% 22.08B
Weighted average by Cap. 21.07x 2.72x 11.46x 2.53%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield