Ercros SA
MAD:ECR

Watchlist Manager
Ercros SA Logo
Ercros SA
MAD:ECR
Watchlist
Price: 2.915 EUR 0.34% Market Closed
Market Cap: 266.5m EUR

Relative Value

The Relative Value of one ECR stock under the Base Case scenario is 5.867 EUR. Compared to the current market price of 2.915 EUR, Ercros SA is Undervalued by 50%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ECR Relative Value
Base Case
5.867 EUR
Undervaluation 50%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
55
vs Industry
89
Median 3Y
0.3
Median 5Y
0.3
Industry
1.4
Forward
0.4
vs History
12
vs Industry
17
Median 3Y
6.6
Median 5Y
7.4
Industry
20.4
Forward
72.2
vs History
12
vs Industry
54
Median 3Y
5.2
Median 5Y
4.8
Industry
12.3
vs History
46
vs Industry
44
Median 3Y
8.9
Median 5Y
7.7
Industry
20.1
vs History
73
vs Industry
74
Median 3Y
0.9
Median 5Y
0.9
Industry
1.6
vs History
52
vs Industry
86
Median 3Y
0.4
Median 5Y
0.4
Industry
1.5
Forward
0.5
vs History
39
vs Industry
86
Median 3Y
1.1
Median 5Y
1.1
Industry
6.8
vs History
vs Industry
6
Median 3Y
4
Median 5Y
5
Industry
12
Forward
8.9
vs History
vs Industry
9
Median 3Y
4
Median 5Y
5
Industry
16.3
Forward
39.7
vs History
12
vs Industry
48
Median 3Y
6.2
Median 5Y
5.7
Industry
13.2
vs History
12
vs Industry
34
Median 3Y
9.4
Median 5Y
8.2
Industry
19
vs History
69
vs Industry
72
Median 3Y
0.7
Median 5Y
0.7
Industry
1.2

Multiples Across Competitors

ECR Competitors Multiples
Ercros SA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
ES
Ercros SA
MAD:ECR
266.5m EUR 0.3 42.3 -49.5 -49.5
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR 1.6 148.4 11.8 37.9
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
622.9T IDR 21.1 -545 -666.5 -666.5
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
36.3B USD 20.4 -525.4 -642.6 -642.6
US
Dow Inc
NYSE:DOW
24.2B USD 0.6 21.9 7.9 19.9
UK
LyondellBasell Industries NV
NYSE:LYB
22.7B USD 0.6 16.8 7 10.8
CN
Hengli Petrochemical Co Ltd
SSE:600346
109B CNY 0.5 17.3 19.3 19.3
KR
LG Chem Ltd
KRX:051910
20.3T KRW 0.4 -29.3 6 36.6
US
Westlake Corp
NYSE:WLK
12.7B USD 1 21.2 6.9 14.9
IN
Solar Industries India Ltd
NSE:SOLARINDS
1T INR 14.5 90.7 57.8 63.6
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
83.9B CNY 0.3 43.5 21.3 21.3
P/E Multiple
Earnings Growth PEG
ES
Ercros SA
MAD:ECR
Average P/E: 50.3
42.3
-1%
N/A
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
148.4
N/A N/A
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -545 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -525.4 N/A N/A
US
Dow Inc
NYSE:DOW
21.9
28%
0.8
UK
LyondellBasell Industries NV
NYSE:LYB
16.8
30%
0.6
CN
Hengli Petrochemical Co Ltd
SSE:600346
17.3
17%
1
KR
LG Chem Ltd
KRX:051910
Negative Multiple: -29.3 N/A N/A
US
Westlake Corp
NYSE:WLK
21.2
N/A N/A
IN
Solar Industries India Ltd
NSE:SOLARINDS
90.7
33%
2.7
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
43.5
69%
0.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
ES
Ercros SA
MAD:ECR
Average EV/EBITDA: 17.3
Negative Multiple: -49.5
77%
N/A
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
11.8
17%
0.7
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -666.5 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -642.6 N/A N/A
US
Dow Inc
NYSE:DOW
7.9
13%
0.6
UK
LyondellBasell Industries NV
NYSE:LYB
7
8%
0.9
CN
Hengli Petrochemical Co Ltd
SSE:600346
19.3
30%
0.6
KR
LG Chem Ltd
KRX:051910
6
37%
0.2
US
Westlake Corp
NYSE:WLK
6.9
12%
0.6
IN
Solar Industries India Ltd
NSE:SOLARINDS
57.8
22%
2.6
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
21.3
62%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
ES
Ercros SA
MAD:ECR
Average EV/EBIT: 28
Negative Multiple: -49.5
44%
N/A
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
37.9
39%
1
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -666.5 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -642.6 N/A N/A
US
Dow Inc
NYSE:DOW
19.9
28%
0.7
UK
LyondellBasell Industries NV
NYSE:LYB
10.8
12%
0.9
CN
Hengli Petrochemical Co Ltd
SSE:600346
19.3
9%
2.1
KR
LG Chem Ltd
KRX:051910
36.6
109%
0.3
US
Westlake Corp
NYSE:WLK
14.9
22%
0.7
IN
Solar Industries India Ltd
NSE:SOLARINDS
63.6
23%
2.8
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
21.3
28%
0.8