We are transferring coverage of BASF, Dow, and LyondellBasell, which are some of the largest global commodity chemical producers. These firms primarily create value by converting oil and natural gas liquids into higher-value plastics, polymers, foams, and additives for a wide range of end markets.
Completion of several European asset shutdowns should make Dow’s revised portfolio more resilient to the chemical cycle, boosting margins long-term.
Another dividend cut would disincentivize investors further, leading to a downward multiple rerating.
|
Metric
|
DOW
|
LYB
|
BASFY
|
|---|---|---|---|
Price/Earnings (Normalized) | 35.83 | 8.09 | 25.71 |
Price/Book Value | 1.26 | 1.75 | 1.16 |
Price/Sales | 0.48 | 0.60 | 0.69 |
Price/Cash Flow | 5.35 | 6.20 | 7.83 |
|
Metric
|
DOW
|
LYB
|
BASFY
|
|---|---|---|---|
Quick Ratio | 1.02 | 0.93 | 1.19 |
Current Ratio | 1.75 | 1.64 | 1.85 |
Interest Coverage | −0.34 | 0.71 | 3.59 |
|
Metric
|
DOW
|
LYB
|
BASFY
|
|---|---|---|---|
Return on Assets (Normalized) | 0.96% | 6.75% | 0.97% |
Return on Equity (Normalized) | 3.52% | 21.72% | 2.27% |
Return on Invested Capital (Normalized) | 3.45% | 10.69% | 1.92% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Shin-Etsu Chemical Co Ltd DR
SHECY
| — | LOCK|<>! | $69B | |||
| Shin-Etsu Chemical Co Ltd
SHECF
| — | LOCK|>SQ | $69B | |||
| Basf SE
BFFAF
| — | LOCK|pv | $48B | |||
| Basf SE ADR
BASFY
| LOCK|cz!l$& | LOCK|g?l | $48B | |||
| Resonac Holdings Corp
SHWDF
| — | LOCK|<>?X | $19B | |||
| Resonac Holdings Corp ADR
SHWDY
| — | LOCK|D^j?Z | $19B | |||
| Nippon Sanso Holdings Corp ADR
NPXYY
| — | LOCK|cCYFh | $15B | |||
| Celanese Corp Class A
CE
| LOCK|&<BPl? | LOCK|lQH?r | $5B | |||
| Olin Corp
OLN
| LOCK|>&!q#S | LOCK|cZ< | $2B |
United States