Evonik Industries Financials
| EVK Stock | 18.14 0.13 0.71% |
Evonik |
Understanding current and past Evonik Industries Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Evonik Industries' financial statements are interrelated, with each one affecting the others. For example, an increase in Evonik Industries' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Evonik Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Evonik Industries AG. Check Evonik Industries' Beneish M Score to see the likelihood of Evonik Industries' management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | Germany Stock View All |
| Exchange | XETRA Stock Exchange |
| ISIN | DE000EVNK013 |
| Business Address | Rellinghauser Strasse 1-11, |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Benchmark | Dow Jones Industrial |
| Website | corporate.evonik.com/en/ |
| Phone | 49 201 177 3315 |
You should never invest in Evonik Industries without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Evonik Stock, because this is throwing your money away. Analyzing the key information contained in Evonik Industries' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Evonik Industries Key Financial Ratios
Evonik Industries' financial ratios allow both analysts and investors to convert raw data from Evonik Industries' financial statements into concise, actionable information that can be used to evaluate the performance of Evonik Industries over time and compare it to other companies across industries.| Return On Equity | 0.0895 | |||
| Return On Asset | 0.0383 | |||
| Target Price | 23.5 | |||
| Beta | 1.21 | |||
| Z Score | 1.2 |
Evonik Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Evonik Industries's current stock value. Our valuation model uses many indicators to compare Evonik Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Evonik Industries competition to find correlations between indicators driving Evonik Industries's intrinsic value. More Info.Evonik Industries AG is rated # 3 in return on equity category among its peers. It is rated # 2 in return on asset category among its peers reporting about 0.43 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Evonik Industries AG is roughly 2.34 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Evonik Industries' earnings, one of the primary drivers of an investment's value.Evonik Industries Systematic Risk
Evonik Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Evonik Industries volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Evonik Industries correlated with the market. If Beta is less than 0 Evonik Industries generally moves in the opposite direction as compared to the market. If Evonik Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Evonik Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Evonik Industries is generally in the same direction as the market. If Beta > 1 Evonik Industries moves generally in the same direction as, but more than the movement of the benchmark.
Evonik Industries February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Evonik Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Evonik Industries AG. We use our internally-developed statistical techniques to arrive at the intrinsic value of Evonik Industries AG based on widely used predictive technical indicators. In general, we focus on analyzing Evonik Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Evonik Industries's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 7.8 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 1.53 |
Additional Tools for Evonik Stock Analysis
When running Evonik Industries' price analysis, check to measure Evonik Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evonik Industries is operating at the current time. Most of Evonik Industries' value examination focuses on studying past and present price action to predict the probability of Evonik Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evonik Industries' price. Additionally, you may evaluate how the addition of Evonik Industries to your portfolios can decrease your overall portfolio volatility.