BASF SE Stock
€42.12
Your prediction
BASF SE Stock
BASF SE, listed under the symbol BFASF, is a German multinational chemical company that operates in various segments such as chemicals, plastics, performance products, functional materials and solutions, agricultural solutions and oil and gas. The company is one of the world's largest chemical manufacturers with a broad range of products and services fulfilling the needs of various industries such as automotive, construction, electronics, agriculture and consumer goods. BASF has a strong global presence with operations in over 80 countries and employs around 117,000 people worldwide. The company has a good financial standing with steady revenue growth and profitability, making it a promising option for investors looking for exposure in the chemical industry.
Pros and Cons of BASF SE in the next few years
Pros
Cons
Performance of BASF SE vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| BASF SE | 0.450% | 0.745% | -1.155% | -7.235% | -1.422% | 1.036% | -16.207% |
| FMC Corp. | -2.570% | -4.320% | -0.784% | -34.028% | -24.628% | -65.296% | -60.036% |
| DuPont de Nemours Inc. | 0.340% | 0.570% | -0.987% | -22.106% | -20.063% | 9.727% | 23.079% |
| Henkel AG & Co. KGaA VZO | -0.270% | 0.693% | -5.215% | -19.266% | -20.702% | 13.471% | -19.247% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.The financials of BASF, traded under the US symbol BFASF in the Chemicals industry, portray a mixed picture that warrants careful consideration. On one hand, the company showcases substantial assets and revenues, reflecting its strong market presence and operational capacity. On the other hand, challenges such as declining profitability and negative earnings per share (EPS) raise concerns over its sustainability in a competitive market. To fully grasp BASF's financial health, a detailed analysis of its strengths and weaknesses is essential.
Strong Asset Base: As of December 31, 2023, BASF's total assets stood at approximately €79.93 billion. This robust asset base underlines the company's financial stability and ability to withstand fluctuations in the market. A solid balance sheet typically instills confidence among investors and creditors alike.
Stable Revenue Streams: The company reported a total revenue of around €68.90 billion for 2023, indicating a strong position within the chemicals sector. Consistent sales provide a promising foundation for future growth and investment in innovation and expansion.
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News
BASF Stock: Jefferies Downgrade Triggers Market Plunge
BASF shares tumbled on Tuesday following an unexpected downgrade from analysis firm Jefferies, sending the chemical giant to the bottom of Germany's DAX index. The rating reduction from "Buy" to
BASF Stock: Executives Invest €1.3 Million Amid Price Dip
The upper echelons of BASF's management have made a significant vote of confidence in the company's future, with three board members collectively purchasing shares worth over €1.3 million on May 5
BASF Stock: Earnings Slump Despite Maintained Outlook
BASF, the chemical giant, has reported disappointing first-quarter results, signaling continued challenges in the global industrial sector. The company's revenue slightly declined to €17.4 billion