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Henkel AG & Co KGaA
XETRA:HEN3

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Henkel AG & Co KGaA
XETRA:HEN3
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Price: 62.1 EUR Market Closed
Market Cap: €26B

P/FCFE

20.2
Current
26%
More Expensive
vs 3-y average of 16.1

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
20.2
=
Market Cap
€26.3B
/
Free Cash Flow to Equity
€1.2B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
20.2
=
Market Cap
€26.3B
/
Free Cash Flow to Equity
€1.2B

Valuation Scenarios

Henkel AG & Co KGaA is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (16.1), the stock would be worth €49.36 (21% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-24%
Maximum Upside
+18%
Average Downside
5%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 20.2 €62.1
0%
3-Year Average 16.1 €49.36
-21%
5-Year Average 23.8 €73.03
+18%
Industry Average 15.3 €47.04
-24%
Country Average 22 €67.41
+9%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
DE
Henkel AG & Co KGaA
XETRA:HEN3
25.3B EUR 20.2 12.4
US
Procter & Gamble Co
NYSE:PG
342.2B USD 22.2 21.2
US
Colgate-Palmolive Co
NYSE:CL
69.9B USD 23.5 32.8
UK
Reckitt Benckiser Group PLC
LSE:RKT
30.7B GBP 26.3 9.7
US
Kimberly-Clark Corp
NYSE:KMB
32.4B USD 19.3 15.3
US
Church & Dwight Co Inc
NYSE:CHD
22.7B USD 22.3 30.8
SE
Essity AB (publ)
STO:ESSITY B
167B SEK 16.9 13.4
US
Clorox Co
NYSE:CLX
10.5B USD 11.7 13.9
JP
Unicharm Corp
TSE:8113
1.6T JPY 20.1 24.4
MX
Kimberly-Clark de Mexico SAB de CV
BMV:KIMBERA
116.8B MXN 49.6 15.4
US
Reynolds Consumer Products Inc
NASDAQ:REYN
4.4B USD 30.1 14.5

Market Distribution

In line with most companies in Germany
Percentile
46th
Based on 1 747 companies
46th percentile
20.2
Low
0.3 — 12.8
Typical Range
12.8 — 33.7
High
33.7 —
Distribution Statistics
Germany
Min 0.3
30th Percentile 12.8
Median 22
70th Percentile 33.7
Max 8 508.8

Henkel AG & Co KGaA
Glance View

Henkel AG & Co KGaA, a venerable player in the global industrial and consumer goods market, built its legacy on a foundation of inventive chemistry and innovation since its inception in 1876. From humble beginnings as a detergent producer, Henkel consistently expanded its horizons, navigating its course through astute diversification and strategic acquisitions. Today, the company operates under three major business units: Adhesive Technologies, Beauty Care, and Laundry & Home Care. Adhesive Technologies stands as the robust, revenue-generating pillar, delivering innovative solutions across diverse industries including automotive, electronics, and aerospace. This segment showcases Henkel's prowess by developing high-performance adhesives, sealants, and functional coatings, fortifying its stature as a market leader. On the consumer front, the Beauty Care and Laundry & Home Care divisions form Henkel's household domain, capitalizing on globally recognized brands. Beauty Care targets personal grooming with products ranging from hair care to skin treatments, appealing to a diverse demographic. Meanwhile, Laundry & Home Care encompasses a portfolio of detergents and cleaners, facilitating everyday hygiene with an emphasis on sustainability. Henkel's strategy hinges on continuous research and development, brand equity, and a commitment to sustainability — aiming not just to meet consumers’ needs, but to anticipate and shape future market trends. This dual-pronged approach in the industrial and consumer fields has consistently enabled Henkel to weather economic shifts, maintaining its role as a significant player in the competitive landscape.

HEN3 Intrinsic Value
91.81 EUR
Undervaluation 32%
Intrinsic Value
Price €62.1
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