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Bayer

  BAYN GR

Big Pharma, Agricultural Chemicals, C...
 /  Germany 
MaterialScience sets the pace
Updates
29/07/2010Earnings/sales releasesSales up and EBIT flat - briefly charact...
29/04/2010Earnings/sales releasesBayer’s Q1 sales came in 5.3% higher...
27/02/2010Earnings/sales releasesIn Q4'09 Bayer’s sales weakened by ...
27/10/2009Earnings/sales releasesIn Q3 09 sales fell by 7% to €7,392m (...
29/07/2009LatestThe company reported solid Q2 result...
Summary Key Data
  12/08A
12/09A
12/10E
12/11E
12/12E
AlphaValue P/E (x) 22.5 23.1
Dividend yield (%) 2.74 3.32
EV/EBITDA (x) 8.79 8.06
AlphaValue EPS (€) 2.27 1.83
Dividend (€) 1.40 1.40
Sales (€M) 32,918 31,157
EBITDA (€M) 7,160 6,877
Attributable net profit (€M) 1,719 1,359
ROE (after tax) (%) 10.4 7.73
ROCE (%) 8.12 7.25
Gearing (%) 81.3 66.1
Next Div. Indic € 1.40 payment
Target
Price (€) 49.8
Market Cap (€M) 41,141
Perf. 1W: 0.56 %
Perf. 1M: 1.22 %
Perf. 3M: 7.51 %
Perf Ytd: -11.7 %
Rating
  • Strong momentum corresponding to a continuous and overall positive moving average trend confirmed by volumes
  • Relatively good momentum corresponding to a positively-oriented moving average, but offset by an overbought pattern or lack of confirmation from volumes
  • Relatively unfavorable momentum with a neutral or negative moving average trend, but offset by an oversold pattern or lack of confirmation from volumes
  • Strongly negative momentum corresponding to a continuous and overall negative moving average trend confirmed by volumes
VALUE
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Businesses & Trends
Bayer is a pharmaceutical and chemical company with its headquarters in North-Rhine Westphalia, Germany. In 2004, Bayer spun ... Read More
Money Making
HealthCare dominates Bayer’s earnings, generating a more or less stable earnings stream. Pharmaceuticals is a high margin busin... Read More
Valuation
Bayer’s typically earnings mechanics are dominated by the more stable pharma business and the seasonal crop protection busines... Read More
Analyst: Martin Schnee
Concepts
Business concepts
  • R&D driven
  • Brand name
  • Marginal capacity play
Investment Concepts
  • R&D execution risks
  • Business recovery
Story Trigger
  • Pending product annou...
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