Investors

Analyst Estimates

BASF is widely covered by various German and international financial analysts, who provide their own research analyses and earnings estimates in respect of the company. On this page we provide you with the analyst estimates compiled monthly by Vara Research.

As before, BASF will neither be involved in the collection of the information nor in the compilation of the estimates; this will still be done independently by Vara Research.

The analyst estimates are exclusively based on the analyses of financial analysts who are independent from BASF. Any opinions, forecasts, estimates, projections or predictions regarding BASF’s performance (ultimately represented by the figures of the analyst estimates) given by the analysts only reflect their view and do not represent the opinions, forecasts, estimates, projections or predictions of BASF or its management.

BASF SE only renders the analyst estimates (average, high and low) compiled by Vara Research on this website. This does not imply that the company endorses, concurs with or adopts such information, conclusions or recommendations. BASF assumes no liability for the accuracy of such estimates and undertakes no obligation to update or revise such estimates, even if they differ from our own forecasts or expectations.

Chart with the current recommendations for Buy - Hold - Sell

BASF Share

Average High Low
Target share price 48.31 61.00 37.00

BASF Group Estimates

Million € Average High Low
Sales 17,802 20,932 15,931
EBITDA 1,607 2,010 1,239
EBIT before special items 444 519 291
EBIT 454 826 177
Income before income taxes 506 873 88
Net income 481 1,141 27
Earnings per Share (reported) (€) 0.54 1.28 0.03
Earnings per Share (adjusted) (€) 0.37 0.67 -0.17

Million € Average High Low
Sales 70,834 73,963 68,964
EBITDA 7,688 8,092 7,321
EBIT before special items 3,957 4,032 3,804
EBIT 3,689 4,061 3,412
Income before income taxes 3,249 3,616 2,829
Net income 2,293 2,953 1,837
Earnings per Share (reported) (€) 2.57 3.31 2.06
Earnings per Share (adjusted) (€) 3.34 3.64 2.80
Dividend per Share (€) 3.32 3.40 2.00

Million € Average High Low
Sales 73,099 77,757 70,677
EBITDA 8,796 9,746 8,212
EBIT before special items 4,843 5,620 4,341
EBIT 4,701 5,320 3,950
Income before income taxes 4,329 5,279 3,392
Net income 3,157 4,269 2,316
Earnings per Share (reported) (€) 3.54 4.78 2.59
Earnings per Share (adjusted) (€) 4.17 5.14 3.39
Dividend per Share (€) 3,27 3.50 2.10

Million € Average High Low
Sales 75,726 80,667 72,865
EBITDA 9,870 11,150 9,262
EBIT before special items 5,786 6,743 5,119
EBIT 5,676 6,643 4,728
Income before income taxes 5,325 6,606 4,281
Net income 3,926 4,871 2,972
Earnings per Share (reported) (€) 4.40 5.46 3.32
Earnings per Share (adjusted) (€) 4.97 6.03 4.02
Dividend per Share (€) 3.30 3.60 2.20

Segment Estimates

Million €

Average High Low
Chemicals      

Sales

2,611 2,922 2,336

EBIT before special items

91 156 -63
Materials      

Sales

3,537 4,045 3,215

EBIT before special items

131 209 97
Industrial Solutions      

Sales

1,965 2,202 1,803

EBIT before special items

102 138 45
Surface Technologies      

Sales

4,214 5,079 3,867

EBIT before special items

181 258 103
Nutrition & Care      

Sales

1,737 2,009 1,529

EBIT before special items

36 142 -16
Agricultural Solutions      

Sales

2,194 2,620 1,951

EBIT before special items

16 88 -67
Other      

Sales

933 1,787 650

EBIT before special items

-108 -19 -275

Million €

Average High Low
Chemicals      

Sales

10,553 10,864 10,278

EBIT before special items

581 646 427
Materials      

Sales

14,339 14,847 14,017

EBIT before special items

797 875 763
Industrial Solutions      

Sales

8,106 8,343 7,944

EBIT before special items

564 600 507
Surface Technologies      

Sales

16,905 17,770 16,558

EBIT before special items

931 1,008 853
Nutrition & Care      

Sales

6,963 7,235 6,755

EBIT before special items

136 242 84
Agricultural Solutions      

Sales

10,060 10,486 9,817

EBIT before special items

1,542 1,614 1,459
Other      

Sales

3,297 4,150 3,014

EBIT before special items

-589 -500 -756

Million €

Average High Low
Chemicals      

Sales

11,077 12,011 10,541

EBIT before special items

850 1,092 627
Materials      

Sales

15,034 15,664 14,400

EBIT before special items

1,121 1,273 986
Industrial Solutions      

Sales

8,418 8,666 8,182

EBIT before special items

717 759 660
Surface Technologies      

Sales

17,404 17,900 16,318

EBIT before special items

977 1,085 884
Nutrition & Care      

Sales

7,266 7,653 7,065

EBIT before special items

351 585 144
Agricultural Solutions      

Sales

10,184 10,800 9,523

EBIT before special items

1,401 1,651 1,144
Other      

Sales

3,203 3,734 2,480

EBIT before special items

-664 -560 -750

Million €

Average High Low
Chemicals      

Sales

11,600 12,912 10,963

EBIT before special items

1,174 1,494 984
Materials      

Sales

15,648 16,700 14,976

EBIT before special items

1,477 1,858 1,126
Industrial Solutions      

Sales

8,733 9,100 8,530

EBIT before special items

842 955 762
Surface Technologies      

Sales

18,124 18,850 17,690

EBIT before special items

1,045 1,273 722
Nutrition & Care      

Sales

7,536 7,959 7,326

EBIT before special items

498 700 300
Agricultural Solutions      

Sales

10,484 11,500 9,713

EBIT before special items

1,444 1,685 1,214
Other      

Sales

3,166 3,809 2,185

EBIT before special items

-706 -608 -875

Disclaimer: This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.

Last Update November 10, 2023