Akzo Nobel NV
AEX:AKZA

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Akzo Nobel NV
AEX:AKZA
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Price: 50.26 EUR -1.72% Market Closed
Market Cap: €8.6B

EV/FCFF

16
Current
29%
Cheaper
vs 3-y average of 22.7

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
16
=
Enterprise Value
€10.8B
/
Free Cash Flow to Firm
€645m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
16
=
Enterprise Value
€10.8B
/
Free Cash Flow to Firm
€645m

Valuation Scenarios

Akzo Nobel NV is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (22.7), the stock would be worth €71.22 (42% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-15%
Maximum Upside
+42%
Average Upside
22%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 16 €50.26
0%
3-Year Average 22.7 €71.22
+42%
5-Year Average 22.6 €70.97
+41%
Industry Average 13.7 €42.83
-15%
Country Average 19.3 €60.4
+20%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
NL
Akzo Nobel NV
AEX:AKZA
8.6B EUR 16 13.9
US
Sherwin-Williams Co
NYSE:SHW
80.3B USD 34.2 31.3
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
13.3T JPY 31.7 27.3
US
Ecolab Inc
NYSE:ECL
75.3B USD 43.2 36.3
JP
Yasuhara Chemical Co Ltd
TSE:4957
10.8T JPY 14.2 10.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
280.1B CNY 27.4 21.3
CH
Givaudan SA
SIX:GIVN
25.9B CHF 24.3 24.2
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 80.6 54.8
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.4T INR 52.7 61.3
US
PPG Industries Inc
NYSE:PPG
24.1B USD 24.4 15.3
US
Albemarle Corp
NYSE:ALB
22B USD 34 -32.5

Market Distribution

In line with most companies in Netherlands
Percentile
41st
Based on 451 companies
41st percentile
16
Low
0.3 — 13.8
Typical Range
13.8 — 27.5
High
27.5 —
Distribution Statistics
Netherlands
Min 0.3
30th Percentile 13.8
Median 19.3
70th Percentile 27.5
Max 353.7

Akzo Nobel NV
Glance View

Market Cap
8.6B EUR
Industry
Chemicals

In the world of coatings and specialty chemicals, Akzo Nobel NV stands as a titan, weaving its legacy across various industries since its inception. With roots stretching back to the 17th century, Akzo Nobel has undergone numerous transformations, mergers, and market expansions to carve out its niche. Today, the company thrives on its two core segments: Paints & Coatings and Specialty Chemicals. The Paints & Coatings division, which includes well-renowned brands like Dulux, flexes its muscle in providing decorative paints and performance coatings for industrial and consumer use. This segment's success hinges on innovation, vibrant color offerings, and a focus on sustainability, positioning Akzo Nobel as a leader in environments ranging from home interiors to high-tech industrial surfaces. The company's dedication to high-quality products resonates with its customers, driving revenue and profitability. On the flip side, the Specialty Chemicals division plays a crucial role in Akzo Nobel's financial ecosystem. Although divested in 2018 as Nouryon, this segment had historically contributed significantly to Akzo Nobel’s portfolio, underscoring the company’s strategic prowess in understanding market demands and focusing on core competencies. Akzo Nobel’s revenue model is intricately layered, leveraging global manufacturing facilities and its vast distribution network to deliver products cost-effectively across diverse markets. The firm’s efforts in sustainability and cutting-edge research continue to shape its future, ensuring that every brushstroke of paint resonates with its commitment to quality, environment, and its overarching corporate philosophy. This comprehensive approach to business helps Akzo Nobel sustain its competitive edge in a sector that is both fiercely competitive and ever-evolving.

AKZA Intrinsic Value
70.03 EUR
Undervaluation 28%
Intrinsic Value
Price €50.26
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