BASF SE (BAS) AI Stock Analysis

• Market Cap: €37.93B
• Dividend Yield: 5.29%
• Average Volume (3M): 2.70M
• Price to Earnings (P/E): 97.5
• Beta (1Y): 1.18
• Revenue Growth: -0.77%
• EPS Growth: N/A
• Country: DE
• Employees: 111,408
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Chemicals
• EPS (TTM): 1.57
• Shares Outstanding: 893,854,900
• 10 Day Avg. Volume: 2,934,775
• 30 Day Avg. Volume: 2,703,775
• PEG Ratio: -1.22
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 95.44
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €48.96
• Price Target Upside: 15.20% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 15

• Rating: 56 Neutral
• Price Target: €43.00 ▲(1.18%Upside)

The overall stock score for BASF SE is primarily influenced by its solid financial structure, despite challenges in revenue growth and cash flow conversion. Technical indicators suggest neutral momentum, while the high P/E ratio raises concerns about valuation. The attractive dividend yield provides some support but is not enough to offset valuation concerns.

Positive Factors

Market Position

BASF sees itself well positioned to gain share in Europe.

Operational Performance

BASF was able to deliver +6% volume growth in its core businesses, consequently gaining share.

Product Innovation

BASF introduced a new patented form L-GA, which is more effective and adds value to farmers.

Negative Factors

Chemical Industry Challenges

Chemicals performed poorly from Q3 to Q4 and was much below market expectations and just on last year's level.

Earnings

Despite restructuring efforts by the new CEO, BASF's estimates are being cut due to a weaker USD and tariff headwinds to trade.

Trade Policy

BASF faces headwinds in Q2 2025, with uncertain earnings due to restrictive US trade policy and low chemical spreads in China.

BASF SE Business Overview & Revenue Model

Company Description

BASF SE operates as a chemical company worldwide. The company operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries. The Industrial Solutions segment develops and markets ingredients and additives for industrial applications, such as polymer dispersions, pigments, resins, electronic materials, antioxidants, light stabilizers, oilfield chemicals, mineral processing, and hydrometallurgical chemicals. The Surface Technologies segment offers chemical solutions and automotive OEM, which include refinish coatings, surface treatment, catalysts, battery materials, and precious and base metal services for the automotive and chemical industries. The Nutrition & Care segment provides nutrition and care ingredients for food and feed producers, as well as pharmaceutical, cosmetics, detergent, and cleaner industries. The Agricultural Solutions segment offers crop protection products and seeds, such as fungicides, herbicides, insecticides, and biological crop production products, as well as seed treatment products. The company has strategic partnerships with Contemporary Amperex TechnologyCo., Limited on battery materials solutions, including cathode active materials and battery recycling. BASF SE was founded in 1865 and is headquartered in Ludwigshafen am Rhein, Germany.

How the Company Makes Money

BASF SE generates revenue primarily through the sale of chemicals and related products across its diverse segments. The Chemicals segment provides basic chemicals and intermediates that are essential for a variety of industrial processes. The Materials segment focuses on advanced materials and systems for industries like automotive and construction. The Industrial Solutions segment offers performance chemicals and solutions for various industries, enhancing product performance and efficiency. Surface Technologies provides coatings, catalysts, and battery materials. Nutrition & Care caters to the food, feed, pharmaceutical, and personal care industries with specialized ingredients. Agricultural Solutions delivers crop protection products and seeds. BASF's revenue streams are further supported by strategic partnerships and collaborations, enhancing its market reach and innovation capabilities. Additionally, the company's commitment to sustainability and innovation drives long-term growth and competitive advantage.

BASF SE Financial Statement Overview

Summary

BASF SE demonstrates stable operational efficiency with solid gross and EBITDA margins. However, challenges in revenue growth and a low net profit margin indicate financial headwinds, affecting overall performance.

Income Statement

BASF SE shows a stable gross profit margin at 26.1% for TTM, with an EBIT margin of 4.0% and EBITDA margin of 11.3%, indicating operational efficiency. However, the net profit margin is relatively low at 1.1%, and recent revenue growth is negative, reflecting challenges in revenue expansion.

Balance Sheet

The company maintains a moderate debt-to-equity ratio of 0.63, indicating balanced leverage. The return on equity is modest at 2.0%, suggesting limited profitability for shareholders. The equity ratio stands at 44.3%, highlighting a strong capital structure.

Cash Flow

Operating cash flow to net income ratio is robust at 8.8, suggesting strong cash generation relative to income. However, free cash flow growth is negative, and the free cash flow to net income ratio is low, indicating challenges in converting earnings to free cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	65.26B	68.90B	87.33B	78.60B	59.15B
Gross Profit	17.09B	16.70B	21.07B	19.80B	15.11B
EBITDA	6.68B	7.33B	10.22B	10.84B	3.57B
Net Income	1.30B	225.00M	-391.00M	5.52B	-1.47B
Balance Sheet
Total Assets	80.42B	79.93B	84.47B	87.38B	80.29B
Cash, Cash Equivalents and Short-Term Investments	2.98B	2.68B	2.75B	2.83B	4.54B
Total Debt	24.00B	21.35B	20.95B	19.14B	21.19B
Total Liabilities	43.53B	43.28B	43.55B	45.30B	45.89B
Stockholders Equity	35.60B	35.28B	36.60B	40.79B	33.73B
Cash Flow
Free Cash Flow	748.00M	2.72B	3.33B	3.71B	2.28B
Operating Cash Flow	6.95B	8.11B	7.71B	7.25B	5.41B
Investing Cash Flow	-5.08B	-4.99B	-3.78B	-2.62B	-1.90B
Financing Cash Flow	-1.55B	-2.90B	-4.01B	-6.46B	-1.56B

BASF SE Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 42.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BAS, the sentiment is Negative. The current price of 42.5 is above the 20-day moving average (MA) of 42.45, below the 50-day MA of 42.63, and below the 200-day MA of 43.16, indicating a neutral trend. The MACD of 0.10 indicates Negative momentum. The RSI at 49.77 is Neutral, neither overbought nor oversold. The STOCH value of 33.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:BAS.

BASF SE Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NDA	79 Outperform	€3.98B	5.73	14.97%	1.64%	9.35%	489.33%
WCH	68 Neutral	€3.30B	13.71	5.37%	3.76%	-10.63%	-23.15%
Sector *	59 Neutral	HK$16.60B	4.48	-5.52%	4.80%	-3.57%	-61.41%
LXS	58 Neutral	€2.21B	―	-3.92%	0.39%	-5.18%	-139.96%
1COV	57 Neutral	€11.13B	―	-6.00%	―	0.01%	-88.69%
BAS	56 Neutral	€37.93B	97.54	2.02%	5.29%	-0.77%	―
SDF	54 Neutral	€2.65B	91.49	0.00%	1.01%	-1.06%	―