Lanxess AG

Lanxess is a management holding company, engaged in chemicals enterprise with a portfolio ranging from polymers to industrial, specialty and fine chemicals. Co. has three segments, which comprise 14 business units. Co.'s Performance Polymers segments include five units, Butyl Rubber, Performance Butadiene Rubbers, Keltan Elastomers, High Performance Elastomers, and High Performance Materials. Advanced Intermediates segments include two units, Advanced Industrial Intermediates, and Saltigo. Performance Chemicals segments, include seven units, Material Protection Products, Inorganic Pigments, Functional Chemicals, Leather, Rhein Chemie, Rubber Chemicals, and Liquid Purification Technologies.
  • Ticker547040
  • ISINDE0005470405
  • SectorChemicals
  • CountryGermany

Analysts

Rob Hales

Morningstar | Solid Start For Lanxess in 1Q Despite Headwinds; Shares Undervalued

No-moat Lanxess reported solid results in the first quarter with EBITDA up 2% over 2018 and margins improving slightly despite its high exposure to the automotive industry, Europe, and China. The company quantified its 2019 guidance, which is for EBITDA of EUR 1.0 to EUR 1.05 billion, roughly flat over the previous year. This is broadly in line with our view and consensus, hence, the stock is having a muted reaction to results. Nothing in the quarter has altered our long-term thesis. Consequently, we maintain our EUR 61 fair value estimate. At current levels, the shares look undervalued. Our ...

Rob Hales

Solid Start For Lanxess in 1Q Despite Headwinds; Shares Undervalued

No-moat Lanxess reported solid results in the first quarter with EBITDA up 2% over 2018 and margins improving slightly despite its high exposure to the automotive industry, Europe, and China. The company quantified its 2019 guidance, which is for EBITDA of EUR 1.0 to EUR 1.05 billion, roughly flat over the previous year. This is broadly in line with our view and consensus, hence, the stock is having a muted reaction to results. Nothing in the quarter has altered our long-term thesis. Consequentl...

Thanks to a better fundamental star rating, LANXESS AG sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to LANXESS AG (DE), active in the Commodity Chemicals industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date April 5, 2019, the closing price was EUR 52.54 and its expected value was estimated at EUR 48.71.

Rob Hales

Morningstar | Solid Results for Lanxess Despite Drag From Performance Chemicals; Shares Undervalued

Once known as the global leader in synthetic rubber for use in tires and automotibiles, Lanxess has transformed its business portfolio. Rising competition from regions with lower feedstock costs left the company in a structurally weak competitive position in rubber, resulting in a disastrous 2013. Matthias Zachert was installed as CEO to lead the restructuring. Strategic changes were successful, culminating with the formation of the Arlanxeo joint venture with Saudi Aramco in 2016 and full divestment of the business in 2018.Lanxess is shifting toward speciality chemicals, and the acquisition o...

Rob Hales

Solid Results for Lanxess Despite Drag From Performance Chemicals; Shares Undervalued

No-moat Lanxess reported fourth-quarter results that were broadly in line with consensus and our estimates. Fourth-quarter EBITDA was EUR 179 million, flat with the prior year period. Lanxess provides qualitative guidance with fourth-quarter results and then gives hard numbers after the first quarter. For 2019, Lanxess expects EBITDA to be around the 2018 level, which implies a slight decrease after considering the impact of IFRS 16. This is also in line with our estimates. We don’t expect to ma...

Lanxess AG - September 2017 (LTM): Peer Snapshot

Peer Snapshot:  Lanxess AG - September 2017 (LTM) 21 December 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Sep-17

Lanxess AG: Update to Discussion of Key Credit Factors

CORPORATES CREDIT OPINION 20 October 2017 Update RATINGS Lanxess AG Domicile Koeln, Germany Long Term Rating Baa3 Type LT Issuer Rating - Fgn Curr Outlook Stable Please see the  ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Francois Lauras 44-20-7772-5397

Lanxess AG - June 2017 (LTM): Peer Snapshot

Peer Snapshot:  Lanxess AG - June 2017 (LTM) 22 September 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Mar-17

Lanxess AG - March 2017 (LTM): Peer Snapshot

Peer Snapshot:  Lanxess AG - March 2017 (LTM) 23 June 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Mar-17 FYE Dec-14 FYE Dec-15 LTM Dec-16 FYE Dec-15 FYE Dec-16 LTM Mar-17

Lanxess AG - December 2016 (LTM): Peer Snapshot

Peer Snapshot: Lanxess AG - December 2016 (LTM) 21 April 2017 (in US millions) FYE Dec-14 FYE Dec-15 LTM Dec-16 FYE Dec-14 FYE Dec-15 LTM Dec-16 FYE Dec-14 FYE Dec-15 LTM Sep-16

Rob Hales

Morningstar | Solid Start For Lanxess in 1Q Despite Headwinds; Shares Undervalued

No-moat Lanxess reported solid results in the first quarter with EBITDA up 2% over 2018 and margins improving slightly despite its high exposure to the automotive industry, Europe, and China. The company quantified its 2019 guidance, which is for EBITDA of EUR 1.0 to EUR 1.05 billion, roughly flat over the previous year. This is broadly in line with our view and consensus, hence, the stock is having a muted reaction to results. Nothing in the quarter has altered our long-term thesis. Consequently, we maintain our EUR 61 fair value estimate. At current levels, the shares look undervalued. Our ...

Rob Hales

Solid Start For Lanxess in 1Q Despite Headwinds; Shares Undervalued

No-moat Lanxess reported solid results in the first quarter with EBITDA up 2% over 2018 and margins improving slightly despite its high exposure to the automotive industry, Europe, and China. The company quantified its 2019 guidance, which is for EBITDA of EUR 1.0 to EUR 1.05 billion, roughly flat over the previous year. This is broadly in line with our view and consensus, hence, the stock is having a muted reaction to results. Nothing in the quarter has altered our long-term thesis. Consequentl...

Rob Hales

Morningstar | Solid Results for Lanxess Despite Drag From Performance Chemicals; Shares Undervalued

Once known as the global leader in synthetic rubber for use in tires and automotibiles, Lanxess has transformed its business portfolio. Rising competition from regions with lower feedstock costs left the company in a structurally weak competitive position in rubber, resulting in a disastrous 2013. Matthias Zachert was installed as CEO to lead the restructuring. Strategic changes were successful, culminating with the formation of the Arlanxeo joint venture with Saudi Aramco in 2016 and full divestment of the business in 2018.Lanxess is shifting toward speciality chemicals, and the acquisition o...

Rob Hales

Solid Results for Lanxess Despite Drag From Performance Chemicals; Shares Undervalued

No-moat Lanxess reported fourth-quarter results that were broadly in line with consensus and our estimates. Fourth-quarter EBITDA was EUR 179 million, flat with the prior year period. Lanxess provides qualitative guidance with fourth-quarter results and then gives hard numbers after the first quarter. For 2019, Lanxess expects EBITDA to be around the 2018 level, which implies a slight decrease after considering the impact of IFRS 16. This is also in line with our estimates. We don’t expect to ma...

Rob Hales

Morningstar | Solid Results for Lanxess Despite Drag From Performance Chemicals; Shares Undervalued

No-moat Lanxess reported fourth-quarter results that were broadly in line with consensus and our estimates. Fourth-quarter EBITDA was EUR 179 million, flat with the prior year period. Lanxess provides qualitative guidance with fourth-quarter results and then gives hard numbers after the first quarter. For 2019, Lanxess expects EBITDA to be around the 2018 level, which implies a slight decrease after considering the impact of IFRS 16. This is also in line with our estimates. We don’t expect to make a material change to our EUR 59 fair value estimate. At current levels, the shares look undervalu...

1 director bought

A director at Lanxess Ag bought 1,000 shares at 58.279EUR and the significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board me...

Thanks to a better fundamental star rating, LANXESS AG sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to LANXESS AG (DE), active in the Commodity Chemicals industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date April 5, 2019, the closing price was EUR 52.54 and its expected value was estimated at EUR 48.71.

Nurhayati Wan

Lanxess AG

Nurhayati Wan

Lanxess AG

Nurhayati Wan

Lanxess AG

Nurhayati Wan

Lanxess AG

Lanxess – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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