Sika AG
F:SIKA

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Sika AG
F:SIKA
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Price: 149.6 EUR 0.71% Market Closed
Market Cap: €21.4B

P/B

2.7
Current
9%
Cheaper
vs 3-y median of 3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.7
=
Market Cap
€19.9B
/
Total Equity
CHf6.7B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.7
=
Market Cap
€19.9B
/
Total Equity
CHf6.7B

Valuation Scenarios

Sika AG is trading below its 3-year average

If P/B returns to its 3-Year Average (3), the stock would be worth €165.27 (10% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-9%
Maximum Upside
+46%
Average Upside
14%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.7 €149.6
0%
3-Year Average 3 €165.27
+10%
5-Year Average 4 €218.32
+46%
Industry Average 3 €165.03
+10%
Country Average 2.5 €136.08
-9%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CH
Sika AG
F:SIKA
19.9B EUR 2.7 17.3
US
Sherwin-Williams Co
NYSE:SHW
79.6B USD 17.3 31
US
Ecolab Inc
NYSE:ECL
78.1B USD 8 37.7
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
12T JPY 2.8 24.7
JP
Yasuhara Chemical Co Ltd
TSE:4957
10.8T JPY 0.7 10.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
280B CNY 2.7 25.2
CH
Givaudan SA
SIX:GIVN
25.7B CHF 5.7 24
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 11.8 54.8
US
PPG Industries Inc
NYSE:PPG
23.3B USD 2.9 14.4
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.1T INR 10.8 55.2
US
Albemarle Corp
NYSE:ALB
19B USD 2 -28.6
P/E Multiple
Earnings Growth PEG
CH
Sika AG
F:SIKA
Average P/E: 29.5
17.3
8%
2.2
US
Sherwin-Williams Co
NYSE:SHW
31
14%
2.2
US
Ecolab Inc
NYSE:ECL
37.7
14%
2.7
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
24.7
7%
3.5
JP
Y
Yasuhara Chemical Co Ltd
TSE:4957
10.5
N/A N/A
CN
Wanhua Chemical Group Co Ltd
SSE:600309
25.2
13%
1.9
CH
Givaudan SA
SIX:GIVN
24
7%
3.4
DK
Novozymes A/S
CSE:NZYM B
54.8
N/A N/A
US
PPG Industries Inc
NYSE:PPG
14.4
11%
1.3
IN
Asian Paints Ltd
NSE:ASIANPAINT
55.2
15%
3.7
US
Albemarle Corp
NYSE:ALB
Negative Multiple: -28.6 N/A N/A

Market Distribution

In line with most companies in Switzerland
Percentile
55th
Based on 1 079 companies
55th percentile
2.7
Low
0 — 1.4
Typical Range
1.4 — 4.5
High
4.5 —
Distribution Statistics
Switzerland
Min 0
30th Percentile 1.4
Median 2.5
70th Percentile 4.5
Max 69.1

Sika AG
Glance View

Sika AG stands as a pivotal player in the construction and industrial sectors, with its roots tracing back to the early 20th century. Founded in Switzerland, the company initially embarked on its journey by developing admixtures that enhanced the waterproofing of concrete. This innovation proved crucial in an era where durable and resilient construction materials were in high demand. Over the decades, Sika has evolved into a global leader in specialty chemicals, providing a spectrum of solutions that fortify, protect, and enable structures and vehicles. Its product portfolio spans from admixtures, sealants, and adhesives to roofing and flooring materials, capturing a wide array of construction and automotive applications. Through a robust network of subsidiaries and production facilities around the globe, Sika has capitalized on its cutting-edge research and development capabilities to innovate persistently. The company's growth strategy is inherently tied to both organic development and strategic acquisitions, allowing it to penetrate new markets and strengthen its geographical footprint. The demand for sustainable construction practices and energy-efficient buildings has further fueled Sika's revenue stream, as the company consistently aligns its solutions with these emerging market trends. By providing products that not only enhance performance but also drive sustainability, Sika AG continues to solidify its position as a formidable force in its industry, navigating economic cycles with a focus on long-term value creation.

SIKA Intrinsic Value
182.15 EUR
Undervaluation 18%
Intrinsic Value
Price
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