Company Valuation: Bayer AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 46,174 47,476 33,039 18,975 36,360 49,239 - -
Change - 2.82% -30.41% -42.57% 91.62% 35.42% - -
Enterprise Value (EV) 1 79,140 78,749 67,302 51,329 82,696 80,986 77,768 74,512
Change - -0.49% -14.54% -23.73% 61.11% -2.07% -3.97% -4.19%
P/E 46.1x 11.5x -11.2x -7.43x -10.1x 21.2x 15.9x 13.8x
PBR 1.4x 1.22x 1x 0.59x 1.4x 1.75x 1.59x 1.45x
PEG - 0x 0x 0.6x -0.2x -0x 0.5x 0.9x
Capitalization / Revenue 1.05x 0.94x 0.69x 0.41x 0.8x 1.08x 1.06x 1.02x
EV / Revenue 1.8x 1.55x 1.41x 1.1x 1.81x 1.78x 1.67x 1.54x
EV / EBITDA 7.08x 5.83x 5.75x 5.07x 8.55x 8.43x 7.61x 6.78x
EV / EBIT 10.8x 8.51x 8.87x 9.44x 16.2x 14x 11.9x 10.6x
EV / FCF 31.9x 19x 28.4x 11.2x 24x -76.7x 21.2x 17.4x
FCF Yield 3.13% 5.26% 3.52% 8.94% 4.16% -1.3% 4.71% 5.75%
Dividend per Share 2 2 2.4 0.11 0.11 0.11 0.2364 0.6382 1.068
Rate of return 4.26% 4.97% 0.33% 0.57% 0.3% 0.47% 1.27% 2.13%
EPS 2 1.02 4.22 -2.99 -2.6 -3.68 2.364 3.159 3.639
Distribution rate 196% 56.9% -3.68% -4.23% -2.99% 10% 20.2% 29.3%
Net sales 1 44,081 50,739 47,637 46,606 45,575 45,552 46,654 48,242
EBITDA 1 11,179 13,513 11,706 10,123 9,669 9,607 10,213 10,992
EBIT 1 7,295 9,257 7,589 5,436 5,108 5,782 6,529 7,020
Net income 1 1,000 4,150 -2,941 -2,552 -3,620 2,146 2,992 3,522
Net Debt 1 32,966 31,273 34,263 32,354 46,336 31,747 28,529 25,273
Reference price 2 47.00 48.32 33.63 19.31 37.01 50.12 50.12 50.12
Nbr of stocks (in thousands) 9,82,424 9,82,424 9,82,424 9,82,424 9,82,424 9,82,424 - -
Announcement Date 01/03/22 28/02/23 05/03/24 04/03/25 04/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.2x1.78x8.43x0.47% 5.63TCr
34.92x12.63x25.81x0.57% 1,06000Cr
27.42x6.3x17.1x2.08% 62TCr
30.1x7.34x15.02x2.76% 44TCr
17.98x4.45x11.01x2.97% 33TCr
21.52x5.52x13.36x2.86% 28TCr
21.56x4.53x12.65x1.94% 27TCr
14.17x5.3x10.9x3.52% 22TCr
23.78x6.31x11.12x2.78% 20TCr
-46.02x5.6x31.12x2.5% 16TCr
Average 16.66x 5.98x 15.65x 2.25% 36.3TCr
Weighted average by Cap. 23.83x 7.75x 18.01x 1.97%

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