BASF is a chemical company based in Germany. Co. conducts its operations through five reportable segments: Chemicals, which comprises the Petrochemicals, Monomers and Intermediates divisions; Performance Products, which consists of the Dispersions & Pigments, Care Chemicals, Nutrition & Health and Performance Chemicals divisions; Functional Materials & Solutions, which comprises the Catalysts, Construction Chemicals, Coatings and Performance Materials divisions; Agricultural Solutions, which comprises the Crop Protection division; and Oil & Gas, which is composed of the Oil & Gas division.
  • TickerBASF11
  • ISINDE000BASF111
  • SectorChemicals
  • CountryGermany

Analysts

Rob Hales

Morningstar | BASF's 4Q Profits Down Sharply as Expected, but 2019 Outlook Encouraging; Shares Fairly Valued

Narrow-moat BASF reported fourth-quarter EBIT of EUR 630 million, a nearly 60% decline from the prior-year period due mostly to lower isocyanate prices. This was below our estimate but ahead of consensus which, combined with relatively positive 2019 guidance, sent the shares up 4% intraday. EBIT for the full year fell 17% from 2017, in line with the company’s December 2018 profit warning of a 15%-20% decline. BASF expects a slight increase in EBIT for 2019, which means up to 10% growth, although improvement is heavily weighted to the back half of the year, given an extremely tough comparable i...

Rob Hales

BASF's 4Q Profits Down Sharply as Expected, but 2019 Outlook Encouraging; Shares Fairly Valued

Narrow-moat BASF reported fourth-quarter EBIT of EUR 630 million, a nearly 60% decline from the prior-year period due mostly to lower isocyanate prices. This was below our estimate but ahead of consensus which, combined with relatively positive 2019 guidance, sent the shares up 4% intraday. EBIT for the full year fell 17% from 2017, in line with the company’s December 2018 profit warning of a 15%-20% decline. BASF expects a slight increase in EBIT for 2019, which means up to 10% growth, although...

BASF – 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...

BASF SE sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of BASF SE (DE), a company active in the Commodity Chemicals industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date January 18, 2019, the closing price was EUR 65.97 and its potential was estimated at EUR 70.09.

Rob Hales

Morningstar | BASF's 4Q Profits Down Sharply as Expected, but 2019 Outlook Encouraging; Shares Fairly Valued

Narrow-moat BASF reported fourth-quarter EBIT of EUR 630 million, a nearly 60% decline from the prior-year period due mostly to lower isocyanate prices. This was below our estimate but ahead of consensus which, combined with relatively positive 2019 guidance, sent the shares up 4% intraday. EBIT for the full year fell 17% from 2017, in line with the company’s December 2018 profit warning of a 15%-20% decline. BASF expects a slight increase in EBIT for 2019, which means up to 10% growth, although improvement is heavily weighted to the back half of the year, given an extremely tough comparable i...

Rob Hales

BASF's 4Q Profits Down Sharply as Expected, but 2019 Outlook Encouraging; Shares Fairly Valued

Narrow-moat BASF reported fourth-quarter EBIT of EUR 630 million, a nearly 60% decline from the prior-year period due mostly to lower isocyanate prices. This was below our estimate but ahead of consensus which, combined with relatively positive 2019 guidance, sent the shares up 4% intraday. EBIT for the full year fell 17% from 2017, in line with the company’s December 2018 profit warning of a 15%-20% decline. BASF expects a slight increase in EBIT for 2019, which means up to 10% growth, although...

Valens Research

Valens Equity Insights and Inflections - 2019 01 02

PSX currently trades below historical averages relative to UAFRS-based (Uniform) Assets, with a 1.0x Uniform P/B. However, even at these levels, the market is pricing in expectations for Uniform ROA to improve from current 3% levels in 2017 to 5% in 2022, accompanied by 2% Uniform Asset growth going forward. Meanwhile, analysts have more bullish expectations, projecting Uniform ROA to improve to 8% levels through 2019, accompanied by 11% Uniform Asset growth. However, management appears to have concerns about their profitability and projects that markets and analysts may not be factoring in, s...

Valens Research

BAS:DEU - Embedded Expectations Analysis - 2018 12 18

BASF SE (BAS:DEU) currently trades below historical averages relative to UAFRS-based (Uniform) Earnings, with a 17.8x Uniform P/E, implying bearish expectations for the firm, and management has concerns about their Functional & Materials Solutions segment, sales levels of Performance Products, and their ability to improve their value chain Specifically, management may lack confidence in the sustainability of offshore liftings in Libya driving higher volume levels, and in their ability to strengthen their value chain through back integrating key raw materials. Additionally, they may have conce...

Rob Hales

Morningstar | BASF Issues Profit Warning on Falling MDI and TDI Prices; Trimming FVE to EUR 74. See Updated Analyst Note from 10 Dec 2018

After European markets closed Dec. 7, BASF announced it was lowering 2018 guidance due mainly to weakening isocyanate markets, specifically falling prices for methylenediphenyl diisocyanate and toluene diisocyanate prices. The ADR price fell 6.5% in response. BASF now expects 2018 EBIT to fall 15%-20% over 2017 compared with previous guidance for a slight decline up to 10%. We were forecasting a 10% decline. In addition to weakening isocyanate markets, BASF cited lower cracker margins, increasing costs from the low water levels in the Rhine River, and a declining automotive market, particularl...

1 director bought

A director at BASF SE bought 2,920 shares at 68.560EUR and the significance rating of the trade was 71/100. 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 membe...

BASF SE sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of BASF SE (DE), a company active in the Commodity Chemicals industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date January 18, 2019, the closing price was EUR 65.97 and its potential was estimated at EUR 70.09.

Nurhayati Wan

BASF

Nurhayati Wan

BASF

Nurhayati Wan

BASF

Nurhayati Wan

BASF

BASF SE (BAS) - Oil & Gas - Deals and Alliances Profile

Summary BASF SE (BASF) is a chemical company, which carries out research and development (R&D), production, marketing and sales of chemicals, plastics, crop protection products, and performance products. Its product line comprises solvents, adhesives, surfactant, organic chemicals, fuel additives, electronic chemicals, concrete admixtures, pigments, paints, food additives, fungicides, and herbicides. BASF also focuses on exploration and production in oil and gas-rich regions in Europe, North Africa, Russia, South America and the Middle East. The company caters to a wide range of industries in...

BASF SE (BAS) - Power - Deals and Alliances Profile

Summary BASF SE (BASF) is a chemical company, which carries out research and development (R&D), production, marketing and sales of chemicals, plastics, crop protection products, and performance products. Its product line comprises solvents, adhesives, surfactant, organic chemicals, fuel additives, electronic chemicals, concrete admixtures, pigments, paints, food additives, fungicides, herbicides and among others. BASF also focuses on exploration and production in oil and gas-rich regions in Europe, North Africa, Russia, South America and the Middle East. The company caters to a wide range of ...

BASF – 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...

Jérôme VINERIER

Short term view - BASF : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €65.38. The background trend would be questioned should prices rise above €75.52.

Jérôme VINERIER

Analyse court terme - BASF : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 65,38 €. La tendance de fond serait remise en cause en cas de franchissement de 75,52 €.

Jérôme VINERIER

Short term view - BASF : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €65.38. The background trend would be questioned should prices rise above €75.52.

Jérôme VINERIER

Analyse court terme - BASF : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 65,38 €. La tendance de fond serait remise en cause en cas de franchissement de 75,52 €.

Valérie GASTALDY

Medium term view - BASF : The trend is bearish.

The trend is bearish. The movement goes on. The next target is at €58.85, then €50.09. Passing €95.27 would question the continuation of the fall.

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