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Evonik Industries AG (EVK.DE)

EUR17.13 +0.48 (+2.88%)
DE XETRA Basic Materials Chemicals - Specialty
Address Rellinghauser Strasse 1-11 45128
Essen, DE
CEO Christian Kullmann
IPO 2013-07-08
ISIN DE000EVNK013

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Also trades on Deutsche Börse · EVK.DE (EUR) Other OTC · EVKIF (USD) Other OTC · EVKIY (USD) Swiss Exchange · EVK.SW (EUR)
Description

Evonik Industries AG operates primarily in the specialized chemicals market. Its business activities are structured across five principal divisions: Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure. The Specialty Additives segment is responsible for delivering essential ingredients such as polyurethane additives, modified silicones, isophorones, epoxy hardeners, oil modifiers, fumed silicas, matting agents, TAA compounds, and acetylenic diol-based surfactants, which find use in consumer products and various industrial applications. In the Nutrition & Care division, Evonik provides compounds like amphoteric surfactants, ceramides, phytosphingosines, oleochemicals, quaternary derivatives, amino acids and their derivatives, synthetic products, pharmaceutical-grade polymers, and DL-methionine. These are crucial for consumer goods, animal nutrition, and healthcare industries. The Smart Materials segment manufactures advanced substances including hydrogen peroxide, peracetic acid, various activated nickel and precious metal catalysts (for powder, oil, and fat hydrogenation), amorphous polyalphaolefins, polybutadienes, polyester resins, thermoplastic and reactive methacrylate resins, PEEK, polyamide 12, organosilanes, chlorosilanes, and different types of silicas (fumed and precipitated). These serve a broad spectrum of industries including automotive, paints, coatings, adhesives, and construction. Through its Performance Materials segment, the company produces polymer materials and intermediate chemicals, including butene-1, DINP, isononanol, cyanuric chloride, alkoxides, and superabsorbents, specifically for the rubber, plastics, and automotive sectors. Lastly, the Technology & Infrastructure segment provides crucial internal services, encompassing site management, utilities and waste disposal, technical expertise, process technology, engineering, and logistics. Evonik maintains a significant international presence, with operations spanning across the Asia-Pacific region, Europe, the Middle East, Africa, Central and South America, and North America. Founded in 1873, the firm's main offices are located in Essen, Germany, and it functions as a subsidiary of RAG-Stiftung.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
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Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR17.13 +0.48 (+2.88%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.53
Float Shares
250.00M
Free Float %
53.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-2.23% +1.68% +2.28% +10.53% +24.33% +31.80% -10.42% -10.74% -40.37% -39.00% -46.78%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Hold
Price Targets & DCF
Current price
17.13
DCF (Unlevered) 40.07 +133.9%
DCF (Levered) 44.81 +161.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 36% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 3 0
Hold 6 0
Sell 2 -1
Strong Sell 1 0
Quality scores
Altman Z-Score
1.96
Grey zone
Piotroski F-Score
4 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals - Specialty: +4.7%
    -7.2% Q1'26: -9.3% (vs Q1'25)
  • EPS growth Chemicals - Specialty: +13.2%
    +18.8% Q1'26: -46.0% (vs Q1'25)
  • FCF margin FCF growth · Chemicals - Specialty: +44.1%
    +3.5% Q1'26: +4.6% (vs Q1'25)
  • EBIT margin Chemicals - Specialty: +8.8%
    +4.6% Q1'26: +7.1% (vs Q1'25)
  • ROIC Chemicals - Specialty: +5.6%
    +3.7% Q1'26: +8.2% (vs Q1'25)
  • Share dilution Chemicals - Specialty: +0.1%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    2.10× Q1'26: 0.70× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.54) × ERP
WACC = 68% × Ke + 32% × Kd (5.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 40.07 Current price: 17.13
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
13 Rev. Ana.
10 EPS Ana.
Dec 2027
13 Rev. Ana.
11 EPS Ana.
Dec 2028
8 Rev. Ana.
5 EPS Ana.
Dec 2029
7 Rev. Ana.
1 EPS Ana.
Dec 2030
7 Rev. Ana.
1 EPS Ana.
Revenue
12.87B
est: 13.08B (-1.5%)
12.92B
est: 13.10B (-1.4%)
13.51B
est: 13.66B (-1.2%)
12.73B
est: 12.59B (+1.1%)
14.42B
est: 14.41B (+0.0%)
15.02B
est: 14.98B (+0.3%)
13.11B
est: 13.06B (+0.4%)
12.20B
est: 12.12B (+0.6%)
14.96B
est: 14.61B (+2.4%)
18.49B
est: 18.36B (+0.7%)
15.27B
est: 15.10B (+1.1%)
15.16B
est: 15.13B (+0.2%)
14.07B
est: 14.05B (+0.1%)
14.42B
13.76B – 15.49B
+2.6% YoY
14.58B
13.86B – 15.24B
+1.1% YoY
14.96B
14.95B – 14.97B
+2.6% YoY
15.07B
14.35B – 15.97B
+0.7% YoY
16.03B
15.26B – 16.99B
+6.4% YoY
EBITDA
1.74B
est: 1.53B (+13.8%)
1.95B
est: 2.67B (-27.0%)
2.45B
est: 1.38B (+77.6%)
1.94B
est: 1.84B (+5.1%)
1.99B
est: 2.07B (-3.9%)
1.84B
est: 1.83B (+0.8%)
2.02B
est: 1.55B (+30.5%)
1.76B
est: 2.97B (-40.8%)
2.18B
est: 3.13B (-30.4%)
2.07B
est: 3.24B (-36.1%)
991.00M
est: 1.72B (-42.5%)
1.76B
est: 3.58B (-50.8%)
1.84B
est: 1.60B (+15.0%)
1.64B
1.57B – 1.77B
+2.6% YoY
1.66B
1.58B – 1.74B
+1.1% YoY
1.71B
1.70B – 1.71B
+2.6% YoY
1.72B
1.64B – 1.82B
+0.7% YoY
1.83B
1.74B – 1.94B
+6.4% YoY
EBIT
1.10B
est: 596.99M (+84.1%)
1.13B
est: 1.05B (+8.0%)
1.69B
est: 1.14B (+47.8%)
1.23B
est: 1.54B (-20.0%)
1.36B
est: 1.48B (-8.2%)
1.01B
est: 1.27B (-21.0%)
1.07B
est: 916.73M (+16.7%)
763.00M
est: 1.02B (-24.9%)
1.16B
est: 1.07B (+8.2%)
974.00M
est: 1.11B (-12.1%)
-107.00M
est: 637.96M (-116.8%)
646.00M
est: 639.55M (+1.0%)
640.00M
est: 593.59M (+7.8%)
609.17M
581.10M – 654.49M
+2.6% YoY
616.05M
585.58M – 643.98M
+1.1% YoY
631.97M
631.40M – 632.55M
+2.6% YoY
636.59M
606.18M – 674.66M
+0.7% YoY
677.12M
644.77M – 717.61M
+6.4% YoY
Net Income
2.05B
est: 834.53M (+146.1%)
568.00M
est: 2.06B (-72.4%)
991.00M
est: 601.68M (+64.7%)
844.00M
est: 914.34M (-7.7%)
717.00M
est: 963.11M (-25.6%)
932.00M
est: 741.93M (+25.6%)
774.00M
est: 814.48M (-5.0%)
465.00M
est: 1.97B (-76.4%)
746.00M
est: 2.08B (-64.1%)
540.00M
est: -295.00M (+283.1%)
-465.00M
est: -90.00M (-416.7%)
222.00M
est: 739.33M (-70.0%)
265.00M
est: 596.84M (-55.6%)
670.61M
511.40M – 829.82M
+12.4% YoY
662.32M
558.99M – 765.64M
-1.2% YoY
773.49M
623.33M – 923.66M
+16.8% YoY
697.66M
654.33M – 751.90M
-9.8% YoY
786.95M
738.08M – 848.13M
+12.8% YoY
SGA
1.93B
est: 2.05B (-6.2%)
1.89B
est: 1.93B (-2.0%)
2.14B
est: 2.00B (+6.9%)
2.20B
est: 1.97B (+11.5%)
2.43B
est: 2.51B (-3.4%)
2.41B
est: 2.51B (-3.9%)
2.08B
est: 1.89B (+10.0%)
2.00B
est: 1.94B (+2.9%)
2.26B
est: 2.05B (+10.5%)
2.59B
est: 2.12B (+22.0%)
2.33B
est: 2.35B (-0.7%)
2.67B
est: 2.34B (+14.0%)
2.21B
est: 2.19B (+1.3%)
2.24B
2.14B – 2.41B
+2.6% YoY
2.27B
2.16B – 2.37B
+1.1% YoY
2.33B
2.33B – 2.33B
+2.6% YoY
2.34B
2.23B – 2.48B
+0.7% YoY
2.49B
2.37B – 2.64B
+6.4% YoY
EPS
4.41
est: 1.79 (+146.3%)
1.22
est: 1.56 (-21.6%)
2.13
est: 2.33 (-8.6%)
1.81
est: 1.89 (-4.1%)
1.53
est: 2.10 (-27.3%)
2.00
est: 2.56 (-21.9%)
1.66
est: 1.84 (-9.7%)
1.06
est: 1.37 (-22.8%)
1.60
est: 1.98 (-19.3%)
1.16
est: 2.26 (-48.7%)
-1.00
est: -0.19 (-421.8%)
0.48
est: 1.57 (-69.5%)
0.57
est: 1.27 (-55.1%)
1.31
1.10 – 1.78
+3.0% YoY
1.37
1.20 – 1.64
+4.6% YoY
1.52
1.34 – 1.98
+10.9% YoY
1.50
1.40 – 1.61
-1.3% YoY
1.69
1.58 – 1.82
+12.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 B+ 3/5 5/5 3/5 4/5 1/5 2/5 4/5
2026-05-07 B+ 3/5 5/5 3/5 4/5 1/5 2/5 4/5
2026-05-06 B+ 3/5 5/5 3/5 4/5 1/5 2/5 4/5
2026-05-05 B+ 3/5 5/5 3/5 4/5 1/5 2/5 4/5
2026-05-04 B+ 3/5 5/5 3/5 4/5 1/5 2/5 4/5
2026-04-30 B+ 3/5 5/5 3/5 4/5 1/5 2/5 4/5
2026-04-29 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-28 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-27 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-24 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-23 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-22 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-21 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-20 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-17 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-16 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-15 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-94.82M
OE per share TTM
-0.21
Owner's Yield
-1.18%
Maintenance CapEx ratio
318.57%
Maint CapEx / Avg PPE
49.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
20.3K
Shares Outstanding
466.00M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Christian Kullmann CEO, CFO & Chairman of the Executive Board 3M male
Thomas Wessel Chief Human Resources Officer, Labor Relations Director & Member of Executive Board 2M male
Lauren Kjeldsen Chief Operating Officer of Custom Solutions & Member of the Management Board 1M female
Claudine Mollenkopf Chief Operating Officer of Advanced Technologies & Member of the Management Board 1M
Thomas Mahlstedt Vice President M&A, Corporate Legal & Compliance male
Tim Lange Head of Investor Relations male
Wilfried Ostendorf Head of Production and Technology
Christian Schmid Head of Corporate Communications male
Matthias Ruch Head of External Communications & Corporate Press Officer male
Stefan Mack Head of the Methionine & Derivatives Product Line
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits