Brenntag AG (BNTGY)
OTHER OTC:BNTGY
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Brenntag AG
(OTC:BNTGY)
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Rating:61Neutral
Price Target:
$15.00
▲(27.88% Upside)
Action:Reiterated
Date:05/19/26
The score is primarily held back by only modest current profitability, slightly declining revenue, and weaker returns versus 2022–2023 despite stable leverage and positive free cash flow. Technicals are a secondary positive with a constructive trend (price above key moving averages and positive MACD). Valuation is balanced: a solid dividend yield offsets a mid-range P/E that does not look cheap given the earnings pressure.
Positive Factors
Diversified business model & services
Brenntag's dual-segment model (high-volume Essentials plus higher-value Specialties) and embedded services (blending, repackaging, technical support, logistics) create durable customer stickiness, margin diversification, and resilience across cycles, supporting steady revenue sources.
Negative Factors
Low and pressured margins
Very thin operating and net margins limit ability to absorb input cost shocks or invest in growth initiatives. Low margin structure makes earnings highly sensitive to pricing, freight, and raw material swings, constraining durable earnings power and reinvestment capacity.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified business model & services
Brenntag's dual-segment model (high-volume Essentials plus higher-value Specialties) and embedded services (blending, repackaging, technical support, logistics) create durable customer stickiness, margin diversification, and resilience across cycles, supporting steady revenue sources.
Read all positive factors
Brenntag AG (BNTGY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$10.32B
Dividend Yield4.14%
Average Volume (3M)3.47K
Price to Earnings (P/E)21.0
Beta (1Y)0.55
Revenue Growth-2.31%
EPS Growth-53.26%
CountryUS
Employees18,122
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)0.31
Shares Outstanding721,926,800
10 Day Avg. Volume0
30 Day Avg. Volume3,474
Financial Highlights & Ratios
PEG Ratio-0.53
Price to Book (P/B)1.65
Price to Sales (P/S)0.49
P/FCF Ratio11.00
Enterprise Value/Market Cap1.11
Enterprise Value/Revenue0.77
Enterprise Value/Gross Profit3.49
Enterprise Value/Ebitda10.84
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.86
Revenue Forecast (FY)$17.76B
Brenntag AG Business Overview & Revenue Model
Company Description
Brenntag AG (BNTGY) is a global market leader in chemical distribution, providing a comprehensive range of industrial and specialty chemicals. The company operates in two primary segments: Brenntag Essentials, which focuses on the distribution of ...
How the Company Makes Money
Brenntag makes money primarily by acting as an intermediary between chemical producers and end users, earning a margin on the resale of chemicals and ingredients it purchases from suppliers. Its core revenue stream is product sales across its two ...
Brenntag AG Earnings Call Summary
Earnings Call Date:Nov 12, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Aug 12, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted Brenntag's successful cost containment efforts and resilient free cash flow, but also pointed to ongoing challenges such as declining EBITDA, economic uncertainty, and competitive pressures from Chinese imports. While strategic initiatives and executive restructuring aim to address these challenges, the guidance towards the lower end indicates caution.Positive Updates
Cost Containment Program Success
The company's cost containment program delivered EUR 45 million of savings in Q3 2025, which is EUR 30 million more than the same period last year, demonstrating strong commitment to cost control.
Negative Updates
Operating EBITDA Decline
Operating EBITDA declined by 6.7% year-over-year for Q3 2025, primarily due to volume pressure and a challenging market environment.
Read all updates
Q3-2025 Updates
Positive
Negative
Cost Containment Program Success
The company's cost containment program delivered EUR 45 million of savings in Q3 2025, which is EUR 30 million more than the same period last year, demonstrating strong commitment to cost control.
Read all positive updates
Company Guidance
During the Brenntag SE 9M 2025 Results Call, the company provided specific guidance for the remainder of the year, focusing on operational improvements and cost management. The company specified its operating EBITA guidance towards the lower end of the previously provided range of EUR 950 million to EUR 1.050 billion, primarily due to ongoing economic uncertainties and geopolitical tensions affecting demand. The company highlighted a EUR 45 million cost saving in Q3 2025, driven by an accelerated cost containment program that includes headcount reductions and operational efficiencies. Brenntag's leverage ratio stood at 1.9x net debt to operating EBITDA, and they reported a free cash flow of EUR 316 million for Q3 2025. Despite a challenging market environment, Brenntag emphasized its commitment to drive sales and efficiencies, leveraging its existing scale and avoiding a full separation of its divisions. The company also noted a decline in volumes and pricing pressures, particularly from Chinese imports, but maintained focus on margin management and cost control measures to mitigate these impacts.Brenntag AG Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
64
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.82B | 14.57B | 16.24B | 16.82B | 19.43B | 14.38B |
| Gross Profit | 3.29B | 1.88B | 4.03B | 4.02B | 4.32B | 3.38B |
| EBITDA | 1.06B | 1.11B | 1.33B | 1.51B | 1.70B | 1.03B |
| Net Income | 229.81M | 254.16M | 536.20M | 714.90M | 886.80M | 448.30M |
Balance Sheet | ||||||
| Total Assets | 11.21B | 10.83B | 11.67B | 10.34B | 11.37B | 10.20B |
| Cash, Cash Equivalents and Short-Term Investments | 696.73M | 797.56M | 763.30M | 576.90M | 1.05B | 705.00M |
| Total Debt | 3.38B | 3.26B | 3.38B | 2.40B | 2.93B | 2.66B |
| Total Liabilities | 6.69B | 6.49B | 6.91B | 5.98B | 6.57B | 6.20B |
| Stockholders Equity | 4.49B | 4.31B | 4.73B | 4.30B | 4.75B | 3.91B |
Cash Flow | ||||||
| Free Cash Flow | 695.14M | 647.11M | 564.40M | 1.34B | 689.50M | 189.30M |
| Operating Cash Flow | 999.53M | 928.55M | 906.60M | 1.66B | 956.70M | 388.60M |
| Investing Cash Flow | -455.12M | -394.01M | -749.00M | -558.30M | -401.40M | -608.50M |
| Financing Cash Flow | -574.29M | -469.80M | 23.00M | -1.55B | -225.80M | 174.10M |
Brenntag AG Technical Analysis
Positive
11.73
Price Trends
13.28
Positive
12.71
Positive
12.26
Positive
Market Momentum
0.25
Positive
52.11
Neutral
15.78
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BNTGY, the sentiment is Positive. The current price of 11.73 is below the 20-day moving average (MA) of 14.34, below the 50-day MA of 13.28, and below the 200-day MA of 12.26, indicating a neutral trend. The MACD of 0.25 indicates Positive momentum. The RSI at 52.11 is Neutral, neither overbought nor oversold. The STOCH value of 15.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BNTGY.
Brenntag AG Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $21.27B | 16.58 | -2.35% | 1.10% | 7.87% | 69.44% | |
65 Neutral | $8.19B | 20.33 | 6.77% | 5.33% | -7.41% | -56.10% | |
65 Neutral | $22.88B | 15.65 | 31.80% | 2.71% | -3.94% | 18.25% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | $10.32B | 20.96 | 6.03% | 4.14% | -2.31% | -53.26% | |
54 Neutral | $5.20B | 30.69 | -9.59% | ― | -1.99% | -176.82% | |
46 Neutral | $11.35B | -22.61 | -17.68% | 2.88% | -8.63% | -524.43% |
* Basic Materials Sector Average
BNTGY
Brenntag AG
14.19
0.95
7.21%
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WLK
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AVTR
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.