25 XP   0   0   10

Evonik Industries AG
Buy, Hold or Sell?

Let's analyse Evonik Industries AG together

PenkeI guess you are interested in Evonik Industries AG. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Evonik Industries AG. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Evonik Industries AG

I send you an email if I find something interesting about Evonik Industries AG.

Quick analysis of Evonik Industries AG (30 sec.)










What can you expect buying and holding a share of Evonik Industries AG? (30 sec.)

How much money do you get?

How much money do you get?
€3.78
When do you have the money?
1 year
How often do you get paid?
75.0%

What is your share worth?

Current worth
€19.28
Expected worth in 1 year
€14.84
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
€-0.94
Return On Investment
-5.1%

For what price can you sell your share?

Current Price per Share
€18.33
Expected price per share
€16.81 - €18.99
How sure are you?
50%

1. Valuation of Evonik Industries AG (5 min.)




Live pricePrice per Share (EOD)

€18.33

Intrinsic Value Per Share

€30.21 - €45.05

Total Value Per Share

€49.49 - €64.33

2. Growth of Evonik Industries AG (5 min.)




Is Evonik Industries AG growing?

Current yearPrevious yearGrowGrow %
How rich?$9.7b$11.9b-$1.2b-11.2%

How much money is Evonik Industries AG making?

Current yearPrevious yearGrowGrow %
Making money-$125.7m$147.1m-$272.8m-217.0%
Net Profit Margin-3.1%2.8%--

How much money comes from the company's main activities?

3. Financial Health of Evonik Industries AG (5 min.)




4. Comparing to competitors in the Specialty Chemicals industry (5 min.)




  Industry Rankings (Specialty Chemicals)  


Richest
#15 / 565

Most Revenue
#19 / 565

Most Profit
#559 / 565

Most Efficient
#458 / 565

What can you expect buying and holding a share of Evonik Industries AG? (5 min.)

Welcome investor! Evonik Industries AG's management wants to use your money to grow the business. In return you get a share of Evonik Industries AG.

What can you expect buying and holding a share of Evonik Industries AG?

First you should know what it really means to hold a share of Evonik Industries AG. And how you can make/lose money.

Speculation

The Price per Share of Evonik Industries AG is €18.33. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Evonik Industries AG.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Evonik Industries AG, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €19.28. Based on the TTM, the Book Value Change Per Share is €-1.11 per quarter. Based on the YOY, the Book Value Change Per Share is €0.95 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.87 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Evonik Industries AG.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-0.34-1.8%-0.27-1.5%0.311.7%0.563.1%0.522.8%
Usd Book Value Change Per Share-2.81-15.4%-1.20-6.6%1.025.6%0.130.7%0.120.7%
Usd Dividend Per Share0.000.0%0.955.2%1.266.9%1.035.6%0.884.8%
Usd Total Gains Per Share-2.81-15.4%-0.26-1.4%2.2912.5%1.176.4%1.005.5%
Usd Price Per Share20.01-19.64-21.83-24.76-28.12-
Price to Earnings Ratio-14.76-1.27-4.85-11.68-30.42-
Price-to-Total Gains Ratio-7.11-5.08--5.33-7.43-10.41-
Price to Book Ratio0.96-0.85-0.86-1.17-1.54-
Price-to-Total Gains Ratio-7.11-5.08--5.33-7.43-10.41-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share19.8221525
Number of shares50
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.951.03
Usd Book Value Change Per Share-1.200.13
Usd Total Gains Per Share-0.261.17
Gains per Quarter (50 shares)-12.7658.26
Gains per Year (50 shares)-51.03233.03
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1189-240-6120627223
2378-480-11241254456
3568-721-16361881689
4757-961-214824108922
5946-1201-26510301351155
61135-1441-31612361621388
71325-1682-36714431891621
81514-1922-41816492161854
91703-2162-46918552432087
101892-2402-52020612692320

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%8.04.00.066.7%16.04.00.080.0%36.04.00.090.0%51.05.00.091.1%
Book Value Change Per Share1.03.00.025.0%7.05.00.058.3%11.09.00.055.0%20.020.00.050.0%29.024.03.051.8%
Dividend per Share3.00.01.075.0%11.00.01.091.7%18.00.02.090.0%30.00.010.075.0%32.00.024.057.1%
Total Gains per Share2.02.00.050.0%9.03.00.075.0%15.05.00.075.0%30.010.00.075.0%39.014.03.069.6%

Fundamentals of Evonik Industries AG

About Evonik Industries AG

Evonik Industries AG produces specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides additives for polyurethane; additives, matting agents, fumed silicas, and specialty resins for paints, coatings, and printing inks; isophorone and epoxy curing agents for coatings, adhesives, and composites; and pour-point depressants, and viscosity index improvers for coatings for oil and other lubricants for construction machinery and automotive sector. The Nutrition & Care segment offers D-/l-methionine and lysine for animal nutrition industry; amino acids and peptides; pharmaceutical active ingredients; and biocompatible and bioresorbable materials for orthopedic and medical applications; and system solutions for the cosmetics and detergent industries. The Smart Materials segment provides inorganic materials, including fumed and precipitated silicas and silanes; peroxides for paper and textile industries; specialty catalysts for synthesis and alkoxides; polymers products, such as polymide 12, polymer foam, specialty polybutadiene and polyester, alkoxides, and membranes. The Performance Materials offers C4 derivatives consisting of butadiene, MTBE, butene-1, isononanol, and DINP for use in automotive industry; and superabsorbent products for diapers and hygiene products. The Technology & Infrastructure segment provides energy management, integrated plant support and maintenance, process safety and engineering, pipelines, transport management, logistics safety, digital solutions for chemical production, and strategic site development services. The company was founded in 1873 and is headquartered in Essen, Germany. Evonik Industries AG is a subsidiary of RAG-Stiftung.

Fundamental data was last updated by Penke on 2024-03-19 13:08:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Evonik Industries AG.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Evonik Industries AG earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Evonik Industries AG to the Specialty Chemicals industry mean.
  • A Net Profit Margin of -4.0% means that €-0.04 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Evonik Industries AG:

  • The MRQ is -4.0%. The company is making a loss. -1
  • The TTM is -3.1%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-4.0%TTM-3.1%-1.0%
TTM-3.1%YOY2.8%-5.9%
TTM-3.1%5Y5.0%-8.1%
5Y5.0%10Y5.4%-0.5%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.0%4.2%-8.2%
TTM-3.1%4.2%-7.3%
YOY2.8%6.4%-3.6%
5Y5.0%6.0%-1.0%
10Y5.4%6.0%-0.6%
1.1.2. Return on Assets

Shows how efficient Evonik Industries AG is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Evonik Industries AG to the Specialty Chemicals industry mean.
  • -0.7% Return on Assets means that Evonik Industries AG generated €-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Evonik Industries AG:

  • The MRQ is -0.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.7%TTM-0.6%-0.1%
TTM-0.6%YOY0.6%-1.1%
TTM-0.6%5Y0.8%-1.3%
5Y0.8%10Y0.9%-0.2%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.7%1.1%-1.8%
TTM-0.6%1.1%-1.7%
YOY0.6%1.7%-1.1%
5Y0.8%1.6%-0.8%
10Y0.9%1.7%-0.8%
1.1.3. Return on Equity

Shows how efficient Evonik Industries AG is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Evonik Industries AG to the Specialty Chemicals industry mean.
  • -1.6% Return on Equity means Evonik Industries AG generated €-0.02 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Evonik Industries AG:

  • The MRQ is -1.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.6%TTM-1.2%-0.4%
TTM-1.2%YOY1.3%-2.5%
TTM-1.2%5Y2.0%-3.2%
5Y2.0%10Y2.4%-0.5%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.6%2.2%-3.8%
TTM-1.2%2.0%-3.2%
YOY1.3%3.2%-1.9%
5Y2.0%2.7%-0.7%
10Y2.4%2.8%-0.4%

1.2. Operating Efficiency of Evonik Industries AG.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Evonik Industries AG is operating .

  • Measures how much profit Evonik Industries AG makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Evonik Industries AG to the Specialty Chemicals industry mean.
  • An Operating Margin of 2.9% means the company generated €0.03  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Evonik Industries AG:

  • The MRQ is 2.9%. The company is operating less efficient.
  • The TTM is -0.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ2.9%TTM-0.5%+3.3%
TTM-0.5%YOY5.5%-6.0%
TTM-0.5%5Y7.8%-8.3%
5Y7.8%10Y8.9%-1.1%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9%7.5%-4.6%
TTM-0.5%4.8%-5.3%
YOY5.5%8.2%-2.7%
5Y7.8%8.1%-0.3%
10Y8.9%7.3%+1.6%
1.2.2. Operating Ratio

Measures how efficient Evonik Industries AG is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 0.97 means that the operating costs are €0.97 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Evonik Industries AG:

  • The MRQ is 0.971. The company is less efficient in keeping operating costs low.
  • The TTM is 1.011. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ0.971TTM1.011-0.040
TTM1.011YOY0.932+0.079
TTM1.0115Y0.940+0.071
5Y0.94010Y0.919+0.021
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9711.529-0.558
TTM1.0111.530-0.519
YOY0.9321.459-0.527
5Y0.9401.462-0.522
10Y0.9191.229-0.310

1.3. Liquidity of Evonik Industries AG.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Evonik Industries AG is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 1.45 means the company has €1.45 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Evonik Industries AG:

  • The MRQ is 1.448. The company is just able to pay all its short-term debts.
  • The TTM is 1.595. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.448TTM1.595-0.147
TTM1.595YOY1.561+0.033
TTM1.5955Y1.637-0.042
5Y1.63710Y1.807-0.170
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4481.831-0.383
TTM1.5951.875-0.280
YOY1.5611.896-0.335
5Y1.6371.926-0.289
10Y1.8071.762+0.045
1.3.2. Quick Ratio

Measures if Evonik Industries AG is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Evonik Industries AG to the Specialty Chemicals industry mean.
  • A Quick Ratio of 0.85 means the company can pay off €0.85 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Evonik Industries AG:

  • The MRQ is 0.850. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.884. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.850TTM0.884-0.033
TTM0.884YOY0.922-0.038
TTM0.8845Y1.022-0.138
5Y1.02210Y1.028-0.006
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8500.846+0.004
TTM0.8840.8840.000
YOY0.9220.966-0.044
5Y1.0221.049-0.027
10Y1.0281.030-0.002

1.4. Solvency of Evonik Industries AG.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Evonik Industries AG assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Evonik Industries AG to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.58 means that Evonik Industries AG assets are financed with 57.7% credit (debt) and the remaining percentage (100% - 57.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Evonik Industries AG:

  • The MRQ is 0.577. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.533. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.577TTM0.533+0.044
TTM0.533YOY0.521+0.012
TTM0.5335Y0.571-0.037
5Y0.57110Y0.590-0.019
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5770.431+0.146
TTM0.5330.427+0.106
YOY0.5210.426+0.095
5Y0.5710.433+0.138
10Y0.5900.439+0.151
1.4.2. Debt to Equity Ratio

Measures if Evonik Industries AG is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Evonik Industries AG to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 137.8% means that company has €1.38 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Evonik Industries AG:

  • The MRQ is 1.378. The company is able to pay all its debts with equity. +1
  • The TTM is 1.159. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.378TTM1.159+0.218
TTM1.159YOY1.102+0.058
TTM1.1595Y1.365-0.205
5Y1.36510Y1.476-0.111
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3780.767+0.611
TTM1.1590.752+0.407
YOY1.1020.747+0.355
5Y1.3650.797+0.568
10Y1.4760.845+0.631

2. Market Valuation of Evonik Industries AG

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Evonik Industries AG generates.

  • Above 15 is considered overpriced but always compare Evonik Industries AG to the Specialty Chemicals industry mean.
  • A PE ratio of -14.76 means the investor is paying €-14.76 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Evonik Industries AG:

  • The EOD is -14.622. Based on the earnings, the company is expensive. -2
  • The MRQ is -14.762. Based on the earnings, the company is expensive. -2
  • The TTM is 1.273. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-14.622MRQ-14.762+0.140
MRQ-14.762TTM1.273-16.035
TTM1.273YOY4.854-3.581
TTM1.2735Y11.677-10.404
5Y11.67710Y30.419-18.742
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-14.62215.013-29.635
MRQ-14.76213.988-28.750
TTM1.27315.705-14.432
YOY4.85417.841-12.987
5Y11.67719.498-7.821
10Y30.41923.950+6.469
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Evonik Industries AG:

  • The EOD is 4.227. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.268. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 26.723. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD4.227MRQ4.268-0.040
MRQ4.268TTM26.723-22.455
TTM26.723YOY5.675+21.048
TTM26.7235Y-6.566+33.289
5Y-6.56610Y-0.717-5.849
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD4.2275.077-0.850
MRQ4.2684.568-0.300
TTM26.7232.302+24.421
YOY5.675-0.150+5.825
5Y-6.5663.140-9.706
10Y-0.7172.653-3.370
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Evonik Industries AG is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 0.96 means the investor is paying €0.96 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Evonik Industries AG:

  • The EOD is 0.950. Based on the equity, the company is cheap. +2
  • The MRQ is 0.959. Based on the equity, the company is cheap. +2
  • The TTM is 0.854. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.950MRQ0.959-0.009
MRQ0.959TTM0.854+0.105
TTM0.854YOY0.858-0.004
TTM0.8545Y1.166-0.312
5Y1.16610Y1.544-0.377
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD0.9501.713-0.763
MRQ0.9591.781-0.822
TTM0.8541.854-1.000
YOY0.8582.306-1.448
5Y1.1662.351-1.185
10Y1.5442.842-1.298
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Evonik Industries AG compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---2.601-1.111-57%0.946-375%0.125-2188%0.115-2356%
Book Value Per Share--19.28321.333-10%23.754-19%20.135-4%17.692+9%
Current Ratio--1.4481.595-9%1.561-7%1.637-12%1.807-20%
Debt To Asset Ratio--0.5770.533+8%0.521+11%0.571+1%0.590-2%
Debt To Equity Ratio--1.3781.159+19%1.102+25%1.365+1%1.476-7%
Dividend Per Share---0.875-100%1.168-100%0.953-100%0.813-100%
Eps---0.313-0.250-20%0.289-208%0.521-160%0.478-166%
Free Cash Flow Per Share--1.0840.425+155%0.421+158%0.398+172%0.360+201%
Free Cash Flow To Equity Per Share--0.652-0.008+101%0.060+987%-0.129+120%0.082+695%
Gross Profit Margin--4.0340.766+427%-0.017+100%-0.756+119%-3.657+191%
Intrinsic Value_10Y_max--45.052--------
Intrinsic Value_10Y_min--30.207--------
Intrinsic Value_1Y_max--2.186--------
Intrinsic Value_1Y_min--1.722--------
Intrinsic Value_3Y_max--8.343--------
Intrinsic Value_3Y_min--6.334--------
Intrinsic Value_5Y_max--16.640--------
Intrinsic Value_5Y_min--12.184--------
Market Cap8539450000.000-1%8621000000.0008479007500.000+2%9421186527.220-8%10699675103.540-19%12153147896.565-29%
Net Profit Margin---0.040-0.031-24%0.028-246%0.050-181%0.054-175%
Operating Margin--0.029-0.005+117%0.055-48%0.078-64%0.089-68%
Operating Ratio--0.9711.011-4%0.932+4%0.940+3%0.919+6%
Pb Ratio0.950-1%0.9590.854+12%0.858+12%1.166-18%1.544-38%
Pe Ratio-14.622+1%-14.7621.273-1259%4.854-404%11.677-226%30.419-149%
Price Per Share18.325-1%18.50018.154+2%20.181-8%22.887-19%25.998-29%
Price To Free Cash Flow Ratio4.227-1%4.26826.723-84%5.675-25%-6.566+254%-0.717+117%
Price To Total Gains Ratio-7.046+1%-7.1135.080-240%-5.331-25%7.427-196%10.411-168%
Quick Ratio--0.8500.884-4%0.922-8%1.022-17%1.028-17%
Return On Assets---0.007-0.006-20%0.006-224%0.008-190%0.009-173%
Return On Equity---0.016-0.012-25%0.013-231%0.020-183%0.024-168%
Total Gains Per Share---2.601-0.236-91%2.114-223%1.077-341%0.928-380%
Usd Book Value--9720156200.00010778329225.000-10%11989292375.000-19%10179716445.000-5%8944901810.000+9%
Usd Book Value Change Per Share---2.813-1.201-57%1.024-375%0.135-2188%0.125-2356%
Usd Book Value Per Share--20.85923.076-10%25.694-19%21.780-4%19.137+9%
Usd Dividend Per Share---0.946-100%1.263-100%1.030-100%0.879-100%
Usd Eps---0.339-0.270-20%0.313-208%0.564-160%0.517-166%
Usd Free Cash Flow--546258500.000214176600.000+155%212283625.000+157%201033945.000+172%182158280.000+200%
Usd Free Cash Flow Per Share--1.1720.460+155%0.455+158%0.430+172%0.390+201%
Usd Free Cash Flow To Equity Per Share--0.706-0.008+101%0.065+987%-0.139+120%0.089+695%
Usd Market Cap9237123065.000-1%9325335700.0009171742412.750+2%10190897466.494-8%11573838559.499-19%13146060079.714-29%
Usd Price Per Share19.822-1%20.01119.637+2%21.830-8%24.756-19%28.122-29%
Usd Profit---157928200.000-125747625.000-20%147111200.000-207%184213510.000-186%201737050.000-178%
Usd Revenue--3899528500.0004128578475.000-6%4999617400.000-22%4003317615.000-3%3856774307.500+1%
Usd Total Gains Per Share---2.813-0.255-91%2.287-223%1.165-341%1.004-380%
 EOD+4 -4MRQTTM+13 -23YOY+9 -275Y+9 -2710Y+15 -21

3.2. Fundamental Score

Let's check the fundamental score of Evonik Industries AG based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-14.622
Price to Book Ratio (EOD)Between0-10.950
Net Profit Margin (MRQ)Greater than0-0.040
Operating Margin (MRQ)Greater than00.029
Quick Ratio (MRQ)Greater than10.850
Current Ratio (MRQ)Greater than11.448
Debt to Asset Ratio (MRQ)Less than10.577
Debt to Equity Ratio (MRQ)Less than11.378
Return on Equity (MRQ)Greater than0.15-0.016
Return on Assets (MRQ)Greater than0.05-0.007
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Evonik Industries AG based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5069.656
Ma 20Greater thanMa 5017.446
Ma 50Greater thanMa 10017.295
Ma 100Greater thanMa 20017.569
OpenGreater thanClose18.465
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets21,263,000
Total Liabilities12,277,000
Total Stockholder Equity8,910,000
 As reported
Total Liabilities 12,277,000
Total Stockholder Equity+ 8,910,000
Total Assets = 21,263,000

Assets

Total Assets21,263,000
Total Current Assets5,860,000
Long-term Assets15,403,000
Total Current Assets
Cash And Cash Equivalents 749,000
Short-term Investments 261,000
Net Receivables 2,171,000
Inventory 2,349,000
Other Current Assets 330,000
Total Current Assets  (as reported)5,860,000
Total Current Assets  (calculated)5,860,000
+/-0
Long-term Assets
Property Plant Equipment 7,259,000
Goodwill 4,581,000
Intangible Assets 944,000
Long-term Assets Other 139,000
Long-term Assets  (as reported)15,403,000
Long-term Assets  (calculated)12,923,000
+/- 2,480,000

Liabilities & Shareholders' Equity

Total Current Liabilities4,048,000
Long-term Liabilities8,229,000
Total Stockholder Equity8,910,000
Total Current Liabilities
Short-term Debt 952,000
Short Long Term Debt 801,000
Accounts payable 1,521,000
Other Current Liabilities 1,422,000
Total Current Liabilities  (as reported)4,048,000
Total Current Liabilities  (calculated)4,696,000
+/- 648,000
Long-term Liabilities
Long term Debt 2,509,000
Capital Lease Obligations 937,000
Long-term Liabilities Other 19,000
Long-term Liabilities  (as reported)8,229,000
Long-term Liabilities  (calculated)3,465,000
+/- 4,764,000
Total Stockholder Equity
Common Stock466,000
Retained Earnings 7,555,000
Accumulated Other Comprehensive Income -279,000
Other Stockholders Equity 1,168,000
Total Stockholder Equity (as reported)8,910,000
Total Stockholder Equity (calculated)8,910,000
+/-0
Other
Capital Stock466,000
Cash and Short Term Investments 1,010,000
Common Stock Shares Outstanding 466,000
Current Deferred Revenue153,000
Liabilities and Stockholders Equity 21,263,000
Net Debt 3,498,000
Net Invested Capital 12,220,000
Net Working Capital 1,856,000
Property Plant and Equipment Gross 21,410,000
Short Long Term Debt Total 4,247,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-31
> Total Assets 
0
0
0
20,543,000
17,886,000
17,405,000
17,341,000
16,944,000
17,220,000
16,989,000
17,285,000
16,663,000
17,012,000
17,539,000
17,211,000
15,898,000
16,355,000
15,837,000
16,540,000
15,685,000
17,730,000
16,779,000
17,062,000
17,005,000
17,120,000
17,105,000
19,232,000
19,645,000
19,885,000
18,892,000
19,456,000
19,939,000
20,356,000
20,079,000
20,219,000
20,282,000
21,523,000
21,103,000
22,408,000
22,023,000
22,452,000
21,647,000
21,270,000
20,897,000
21,427,000
21,002,000
21,683,000
22,284,000
23,083,000
23,480,000
24,281,000
21,810,000
22,010,000
21,296,000
20,796,000
21,263,000
21,263,00020,796,00021,296,00022,010,00021,810,00024,281,00023,480,00023,083,00022,284,00021,683,00021,002,00021,427,00020,897,00021,270,00021,647,00022,452,00022,023,00022,408,00021,103,00021,523,00020,282,00020,219,00020,079,00020,356,00019,939,00019,456,00018,892,00019,885,00019,645,00019,232,00017,105,00017,120,00017,005,00017,062,00016,779,00017,730,00015,685,00016,540,00015,837,00016,355,00015,898,00017,211,00017,539,00017,012,00016,663,00017,285,00016,989,00017,220,00016,944,00017,341,00017,405,00017,886,00020,543,000000
   > Total Current Assets 
0
0
0
9,804,000
6,591,000
7,012,000
6,630,000
5,918,000
6,411,000
6,007,000
6,427,000
5,712,000
7,701,000
8,141,000
7,534,000
6,078,000
6,307,000
5,657,000
6,368,000
5,434,000
6,793,000
6,650,000
6,925,000
6,685,000
6,786,000
6,189,000
8,275,000
8,808,000
5,942,000
5,218,000
5,430,000
5,432,000
5,797,000
5,327,000
5,565,000
5,593,000
7,031,000
6,485,000
7,234,000
6,608,000
6,572,000
5,868,000
5,660,000
4,963,000
5,590,000
5,311,000
5,916,000
6,110,000
7,059,000
7,662,000
8,140,000
6,664,000
7,047,000
6,812,000
6,334,000
5,860,000
5,860,0006,334,0006,812,0007,047,0006,664,0008,140,0007,662,0007,059,0006,110,0005,916,0005,311,0005,590,0004,963,0005,660,0005,868,0006,572,0006,608,0007,234,0006,485,0007,031,0005,593,0005,565,0005,327,0005,797,0005,432,0005,430,0005,218,0005,942,0008,808,0008,275,0006,189,0006,786,0006,685,0006,925,0006,650,0006,793,0005,434,0006,368,0005,657,0006,307,0006,078,0007,534,0008,141,0007,701,0005,712,0006,427,0006,007,0006,411,0005,918,0006,630,0007,012,0006,591,0009,804,000000
       Cash And Cash Equivalents 
0
0
0
1,103,000
1,752,000
1,463,000
2,026,000
1,609,000
1,889,000
1,041,000
1,275,000
741,000
563,000
873,000
2,425,000
1,518,000
1,575,000
881,000
1,495,000
921,000
1,614,000
1,777,000
2,342,000
2,368,000
2,466,000
2,156,000
4,340,000
4,623,000
1,275,000
517,000
823,000
1,004,000
1,133,000
543,000
717,000
988,000
1,079,000
529,000
1,532,000
1,165,000
999,000
864,000
1,043,000
563,000
936,000
520,000
821,000
456,000
647,000
731,000
1,078,000
645,000
634,000
398,000
588,000
749,000
749,000588,000398,000634,000645,0001,078,000731,000647,000456,000821,000520,000936,000563,0001,043,000864,000999,0001,165,0001,532,000529,0001,079,000988,000717,000543,0001,133,0001,004,000823,000517,0001,275,0004,623,0004,340,0002,156,0002,466,0002,368,0002,342,0001,777,0001,614,000921,0001,495,000881,0001,575,0001,518,0002,425,000873,000563,000741,0001,275,0001,041,0001,889,0001,609,0002,026,0001,463,0001,752,0001,103,000000
       Short-term Investments 
0
0
0
484,000
382,000
179,000
513,000
488,000
493,000
715,000
987,000
964,000
656,000
799,000
1,095,000
640,000
751,000
716,000
687,000
413,000
769,000
436,000
388,000
287,000
363,000
192,000
147,000
45,000
89,000
127,000
175,000
48,000
167,000
165,000
166,000
140,000
114,000
88,000
1,298,000
1,217,000
1,141,000
944,000
766,000
495,000
435,000
295,000
379,000
463,000
573,000
487,000
441,000
475,000
530,000
437,000
291,000
261,000
261,000291,000437,000530,000475,000441,000487,000573,000463,000379,000295,000435,000495,000766,000944,0001,141,0001,217,0001,298,00088,000114,000140,000166,000165,000167,00048,000175,000127,00089,00045,000147,000192,000363,000287,000388,000436,000769,000413,000687,000716,000751,000640,0001,095,000799,000656,000964,000987,000715,000493,000488,000513,000179,000382,000484,000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,123,000
2,573,000
2,610,000
2,463,000
1,927,000
1,994,000
2,042,000
1,979,000
1,927,000
1,716,000
1,664,000
1,653,000
1,940,000
2,012,000
1,679,000
1,603,000
1,718,000
1,919,000
1,999,000
2,012,000
2,194,000
2,502,000
2,638,000
2,576,000
2,570,000
2,208,000
2,436,000
2,204,000
2,171,000
2,171,0002,204,0002,436,0002,208,0002,570,0002,576,0002,638,0002,502,0002,194,0002,012,0001,999,0001,919,0001,718,0001,603,0001,679,0002,012,0001,940,0001,653,0001,664,0001,716,0001,927,0001,979,0002,042,0001,994,0001,927,0002,463,0002,610,0002,573,0002,123,000000000000000000000000000000
       Other Current Assets 
0
0
0
6,632,000
2,821,000
3,773,000
2,380,000
2,176,000
2,385,000
2,493,000
2,350,000
2,289,000
4,671,000
4,724,000
2,320,000
2,324,000
2,368,000
2,407,000
2,421,000
2,322,000
2,597,000
2,660,000
2,415,000
2,267,000
2,207,000
2,187,000
2,140,000
2,461,000
2,573,000
2,610,000
2,463,000
2,355,000
2,359,000
2,391,000
2,373,000
2,161,000
3,742,000
3,778,000
2,317,000
2,342,000
2,449,000
1,980,000
1,886,000
2,099,000
2,223,000
2,345,000
2,365,000
2,643,000
474,000
527,000
595,000
154,000
582,000
622,000
535,000
330,000
330,000535,000622,000582,000154,000595,000527,000474,0002,643,0002,365,0002,345,0002,223,0002,099,0001,886,0001,980,0002,449,0002,342,0002,317,0003,778,0003,742,0002,161,0002,373,0002,391,0002,359,0002,355,0002,463,0002,610,0002,573,0002,461,0002,140,0002,187,0002,207,0002,267,0002,415,0002,660,0002,597,0002,322,0002,421,0002,407,0002,368,0002,324,0002,320,0004,724,0004,671,0002,289,0002,350,0002,493,0002,385,0002,176,0002,380,0003,773,0002,821,0006,632,000000
   > Long-term Assets 
0
0
0
10,739,000
11,295,000
10,393,000
10,711,000
11,026,000
10,809,000
10,982,000
10,858,000
10,951,000
9,311,000
9,398,000
9,677,000
9,820,000
10,048,000
10,180,000
10,172,000
10,251,000
10,937,000
10,129,000
10,137,000
10,320,000
10,334,000
10,916,000
10,957,000
10,837,000
13,943,000
13,674,000
14,026,000
14,507,000
14,559,000
14,752,000
14,654,000
14,689,000
14,492,000
14,618,000
15,174,000
15,415,000
15,880,000
15,779,000
15,610,000
15,934,000
15,837,000
15,691,000
15,767,000
16,174,000
16,024,000
15,818,000
16,141,000
15,146,000
14,963,000
14,484,000
14,462,000
15,403,000
15,403,00014,462,00014,484,00014,963,00015,146,00016,141,00015,818,00016,024,00016,174,00015,767,00015,691,00015,837,00015,934,00015,610,00015,779,00015,880,00015,415,00015,174,00014,618,00014,492,00014,689,00014,654,00014,752,00014,559,00014,507,00014,026,00013,674,00013,943,00010,837,00010,957,00010,916,00010,334,00010,320,00010,137,00010,129,00010,937,00010,251,00010,172,00010,180,00010,048,0009,820,0009,677,0009,398,0009,311,00010,951,00010,858,00010,982,00010,809,00011,026,00010,711,00010,393,00011,295,00010,739,000000
       Property Plant Equipment 
0
0
0
4,455,000
4,355,000
4,030,000
4,159,000
4,356,000
4,232,000
4,391,000
4,311,000
4,497,000
4,559,000
4,585,000
4,504,000
4,801,000
4,882,000
5,028,000
5,295,000
5,505,000
5,784,000
5,712,000
5,632,000
5,808,000
5,727,000
5,836,000
5,845,000
6,041,000
6,466,000
6,229,000
6,268,000
6,495,000
6,480,000
6,616,000
6,575,000
6,785,000
6,917,000
6,888,000
6,944,000
7,075,000
7,280,000
7,235,000
7,135,000
7,256,000
7,291,000
7,288,000
7,330,000
7,571,000
7,590,000
7,819,000
8,135,000
7,934,000
7,860,000
7,243,000
7,260,000
7,259,000
7,259,0007,260,0007,243,0007,860,0007,934,0008,135,0007,819,0007,590,0007,571,0007,330,0007,288,0007,291,0007,256,0007,135,0007,235,0007,280,0007,075,0006,944,0006,888,0006,917,0006,785,0006,575,0006,616,0006,480,0006,495,0006,268,0006,229,0006,466,0006,041,0005,845,0005,836,0005,727,0005,808,0005,632,0005,712,0005,784,0005,505,0005,295,0005,028,0004,882,0004,801,0004,504,0004,585,0004,559,0004,497,0004,311,0004,391,0004,232,0004,356,0004,159,0004,030,0004,355,0004,455,000000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
2,709,000
0
0
0
2,612,000
0
0
0
2,695,000
0
0
0
2,764,000
0
0
0
2,832,000
0
0
0
4,642,000
0
0
4,719,000
4,748,000
4,572,000
4,525,000
4,629,000
4,569,000
0
0
0
4,545,000
0
0
0
4,785,000
4,823,000
4,966,000
5,095,000
4,568,000
4,520,000
4,547,000
4,604,000
4,581,000
4,581,0004,604,0004,547,0004,520,0004,568,0005,095,0004,966,0004,823,0004,785,0000004,545,0000004,569,0004,629,0004,525,0004,572,0004,748,0004,719,000004,642,0000002,832,0000002,764,0000002,695,0000002,612,0000002,709,00000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
157,000
260,000
340,000
388,000
179,000
361,000
243,000
276,000
214,000
262,000
273,000
265,000
626,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000626,000265,000273,000262,000214,000276,000243,000361,000179,000388,000340,000260,000157,000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
481,000
0
0
0
408,000
0
0
0
405,000
0
0
0
404,000
0
0
0
480,000
5,934,000
5,871,000
6,160,000
1,463,000
6,029,000
6,137,000
1,401,000
1,386,000
1,337,000
1,303,000
1,326,000
1,289,000
6,241,000
6,068,000
5,904,000
1,332,000
5,990,000
5,891,000
5,982,000
1,260,000
1,240,000
1,238,000
1,237,000
1,142,000
1,093,000
1,038,000
1,005,000
944,000
944,0001,005,0001,038,0001,093,0001,142,0001,237,0001,238,0001,240,0001,260,0005,982,0005,891,0005,990,0001,332,0005,904,0006,068,0006,241,0001,289,0001,326,0001,303,0001,337,0001,386,0001,401,0006,137,0006,029,0001,463,0006,160,0005,871,0005,934,000480,000000404,000000405,000000408,000000481,00000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,122,000
1,283,000
1,234,000
1,210,000
2,727,000
1,689,000
1,756,000
1,683,000
2,755,000
1,404,000
1,629,000
2,010,000
2,603,000
1,788,000
1,847,000
1,924,000
3,225,000
1,909,000
1,856,000
1,816,000
3,217,000
1,724,000
1,262,000
1,188,000
890,000
1,001,000
1,100,000
991,000
0
0991,0001,100,0001,001,000890,0001,188,0001,262,0001,724,0003,217,0001,816,0001,856,0001,909,0003,225,0001,924,0001,847,0001,788,0002,603,0002,010,0001,629,0001,404,0002,755,0001,683,0001,756,0001,689,0002,727,0001,210,0001,234,0001,283,0002,122,000000000000000000000000000000
> Total Liabilities 
0
0
0
14,574,000
12,044,000
11,888,000
11,447,000
10,870,000
11,340,000
10,779,000
10,712,000
9,834,000
11,649,000
12,119,000
10,465,000
9,051,000
9,830,000
9,526,000
10,352,000
9,163,000
11,304,000
9,506,000
9,881,000
9,429,000
9,492,000
10,786,000
12,651,000
11,895,000
12,099,000
11,587,000
11,990,000
12,412,000
13,037,000
12,918,000
12,333,000
12,457,000
13,533,000
13,635,000
13,872,000
12,963,000
13,222,000
12,762,000
12,889,000
12,798,000
12,428,000
12,243,000
12,437,000
12,912,000
12,822,000
12,259,000
12,484,000
10,754,000
11,198,000
11,435,000
10,598,000
12,277,000
12,277,00010,598,00011,435,00011,198,00010,754,00012,484,00012,259,00012,822,00012,912,00012,437,00012,243,00012,428,00012,798,00012,889,00012,762,00013,222,00012,963,00013,872,00013,635,00013,533,00012,457,00012,333,00012,918,00013,037,00012,412,00011,990,00011,587,00012,099,00011,895,00012,651,00010,786,0009,492,0009,429,0009,881,0009,506,00011,304,0009,163,00010,352,0009,526,0009,830,0009,051,00010,465,00012,119,00011,649,0009,834,00010,712,00010,779,00011,340,00010,870,00011,447,00011,888,00012,044,00014,574,000000
   > Total Current Liabilities 
0
0
0
6,447,000
3,825,000
3,900,000
3,401,000
3,386,000
4,065,000
3,432,000
3,487,000
4,217,000
5,132,000
5,069,000
4,055,000
3,654,000
3,695,000
3,464,000
3,647,000
2,922,000
3,297,000
2,866,000
2,975,000
3,076,000
2,999,000
2,788,000
2,874,000
3,195,000
3,429,000
3,085,000
3,049,000
3,278,000
3,452,000
3,280,000
3,189,000
3,354,000
4,271,000
4,010,000
3,745,000
3,554,000
4,527,000
3,424,000
3,254,000
2,926,000
3,366,000
3,292,000
3,569,000
3,992,000
5,243,000
5,187,000
5,107,000
3,647,000
3,975,000
3,987,000
4,370,000
4,048,000
4,048,0004,370,0003,987,0003,975,0003,647,0005,107,0005,187,0005,243,0003,992,0003,569,0003,292,0003,366,0002,926,0003,254,0003,424,0004,527,0003,554,0003,745,0004,010,0004,271,0003,354,0003,189,0003,280,0003,452,0003,278,0003,049,0003,085,0003,429,0003,195,0002,874,0002,788,0002,999,0003,076,0002,975,0002,866,0003,297,0002,922,0003,647,0003,464,0003,695,0003,654,0004,055,0005,069,0005,132,0004,217,0003,487,0003,432,0004,065,0003,386,0003,401,0003,900,0003,825,0006,447,000000
       Short-term Debt 
0
0
0
229,000
382,000
179,000
513,000
488,000
854,000
532,000
552,000
1,423,000
1,471,000
1,480,000
1,493,000
966,000
1,063,000
1,091,000
1,197,000
277,000
696,000
465,000
412,000
178,000
260,000
301,000
333,000
288,000
445,000
439,000
342,000
298,000
525,000
492,000
375,000
180,000
525,000
589,000
1,298,000
754,000
1,141,000
944,000
766,000
297,000
0
0
0
166,000
0
0
0
184,000
346,000
795,000
1,330,000
952,000
952,0001,330,000795,000346,000184,000000166,000000297,000766,000944,0001,141,000754,0001,298,000589,000525,000180,000375,000492,000525,000298,000342,000439,000445,000288,000333,000301,000260,000178,000412,000465,000696,000277,0001,197,0001,091,0001,063,000966,0001,493,0001,480,0001,471,0001,423,000552,000532,000854,000488,000513,000179,000382,000229,000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,547,000
3,592,000
3,631,000
316,000
351,000
450,000
358,000
248,000
229,000
525,000
589,000
825,000
643,000
0
0
0
176,000
0
0
0
50,000
0
0
0
48,000
0
0
0
801,000
801,00000048,00000050,000000176,000000643,000825,000589,000525,000229,000248,000358,000450,000351,000316,0003,631,0003,592,0003,547,000000000000000000000000000000
       Accounts payable 
0
0
0
1,088,000
1,083,000
1,018,000
984,000
1,086,000
1,083,000
1,079,000
1,105,000
1,096,000
1,068,000
956,000
978,000
1,102,000
1,063,000
1,071,000
1,016,000
1,126,000
1,046,000
1,028,000
980,000
1,090,000
900,000
917,000
961,000
1,212,000
1,272,000
1,190,000
1,242,000
1,449,000
1,372,000
1,434,000
1,392,000
1,493,000
1,336,000
1,336,000
1,284,000
1,324,000
1,294,000
1,201,000
1,105,000
1,273,000
1,470,000
1,496,000
1,600,000
2,022,000
2,139,000
2,173,000
2,013,000
1,735,000
1,925,000
1,659,000
1,531,000
1,521,000
1,521,0001,531,0001,659,0001,925,0001,735,0002,013,0002,173,0002,139,0002,022,0001,600,0001,496,0001,470,0001,273,0001,105,0001,201,0001,294,0001,324,0001,284,0001,336,0001,336,0001,493,0001,392,0001,434,0001,372,0001,449,0001,242,0001,190,0001,272,0001,212,000961,000917,000900,0001,090,000980,0001,028,0001,046,0001,126,0001,016,0001,071,0001,063,0001,102,000978,000956,0001,068,0001,096,0001,105,0001,079,0001,083,0001,086,000984,0001,018,0001,083,0001,088,000000
       Other Current Liabilities 
0
0
0
5,130,000
2,742,000
2,882,000
2,417,000
2,300,000
2,128,000
1,821,000
1,830,000
1,698,000
2,593,000
2,633,000
1,584,000
1,586,000
1,569,000
1,302,000
1,434,000
1,519,000
1,555,000
1,373,000
1,583,000
1,808,000
1,839,000
1,570,000
1,580,000
1,695,000
1,712,000
1,456,000
1,465,000
1,531,000
1,555,000
1,354,000
1,422,000
1,681,000
2,410,000
2,085,000
2,461,000
1,476,000
3,233,000
2,223,000
2,149,000
1,356,000
1,896,000
1,796,000
1,703,000
1,593,000
3,104,000
3,014,000
3,094,000
1,614,000
2,050,000
2,328,000
2,839,000
1,422,000
1,422,0002,839,0002,328,0002,050,0001,614,0003,094,0003,014,0003,104,0001,593,0001,703,0001,796,0001,896,0001,356,0002,149,0002,223,0003,233,0001,476,0002,461,0002,085,0002,410,0001,681,0001,422,0001,354,0001,555,0001,531,0001,465,0001,456,0001,712,0001,695,0001,580,0001,570,0001,839,0001,808,0001,583,0001,373,0001,555,0001,519,0001,434,0001,302,0001,569,0001,586,0001,584,0002,633,0002,593,0001,698,0001,830,0001,821,0002,128,0002,300,0002,417,0002,882,0002,742,0005,130,000000
   > Long-term Liabilities 
0
0
0
8,127,000
8,219,000
7,988,000
8,046,000
7,484,000
7,275,000
7,347,000
7,225,000
5,617,000
6,517,000
7,050,000
6,410,000
5,397,000
6,135,000
6,062,000
6,705,000
6,241,000
8,007,000
6,640,000
6,906,000
6,353,000
6,493,000
7,998,000
9,777,000
8,700,000
8,670,000
8,502,000
8,941,000
9,134,000
9,585,000
9,638,000
9,144,000
9,103,000
9,262,000
9,625,000
10,127,000
9,409,000
8,695,000
9,338,000
9,635,000
9,872,000
9,062,000
8,951,000
8,868,000
8,920,000
7,579,000
7,072,000
7,377,000
7,107,000
7,223,000
7,448,000
6,228,000
8,229,000
8,229,0006,228,0007,448,0007,223,0007,107,0007,377,0007,072,0007,579,0008,920,0008,868,0008,951,0009,062,0009,872,0009,635,0009,338,0008,695,0009,409,00010,127,0009,625,0009,262,0009,103,0009,144,0009,638,0009,585,0009,134,0008,941,0008,502,0008,670,0008,700,0009,777,0007,998,0006,493,0006,353,0006,906,0006,640,0008,007,0006,241,0006,705,0006,062,0006,135,0005,397,0006,410,0007,050,0006,517,0005,617,0007,225,0007,347,0007,275,0007,484,0008,046,0007,988,0008,219,0008,127,000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,595,000
3,564,000
3,592,000
3,553,000
3,631,000
3,531,000
2,795,000
3,649,000
4,043,000
4,117,000
4,112,000
4,279,000
3,483,000
0
03,483,0004,279,0004,112,0004,117,0004,043,0003,649,0002,795,0003,531,0003,631,0003,553,0003,592,0003,564,0003,595,000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,460,000
5,449,000
5,286,000
5,241,000
5,440,000
5,896,000
5,952,000
5,463,000
5,419,000
5,082,000
5,446,000
6,473,000
5,697,000
5,526,000
5,711,000
6,042,000
6,308,000
5,474,000
5,402,000
5,241,000
5,393,000
4,803,000
3,423,000
3,376,000
3,033,000
0
3,330,000
0
0
003,330,00003,033,0003,376,0003,423,0004,803,0005,393,0005,241,0005,402,0005,474,0006,308,0006,042,0005,711,0005,526,0005,697,0006,473,0005,446,0005,082,0005,419,0005,463,0005,952,0005,896,0005,440,0005,241,0005,286,0005,449,0005,460,000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,000
0
0
0
10,000
0
0
0
11,000
0
0
0
11,000
0
0
0
41,000
0
0
0
62,000
0
0
0
28,000
0
0
0
0
000028,00000062,00000041,00000011,00000011,00000010,00000013,000000000000000000000000000000
> Total Stockholder Equity
0
0
0
5,376,000
5,742,000
5,420,000
5,791,000
5,981,000
5,796,000
6,128,000
6,486,000
6,718,000
5,257,000
5,318,000
6,733,000
6,769,000
6,449,000
6,227,000
6,096,000
6,427,000
6,327,000
7,178,000
7,085,000
7,493,000
7,548,000
6,231,000
6,491,000
7,658,000
7,696,000
7,219,000
7,379,000
7,439,000
7,235,000
7,076,000
7,798,000
7,729,000
7,893,000
7,372,000
8,436,000
8,970,000
9,141,000
8,797,000
8,294,000
8,012,000
8,915,000
8,682,000
9,164,000
9,289,000
10,178,000
11,137,000
11,713,000
10,974,000
10,731,000
9,783,000
10,119,000
8,910,000
8,910,00010,119,0009,783,00010,731,00010,974,00011,713,00011,137,00010,178,0009,289,0009,164,0008,682,0008,915,0008,012,0008,294,0008,797,0009,141,0008,970,0008,436,0007,372,0007,893,0007,729,0007,798,0007,076,0007,235,0007,439,0007,379,0007,219,0007,696,0007,658,0006,491,0006,231,0007,548,0007,493,0007,085,0007,178,0006,327,0006,427,0006,096,0006,227,0006,449,0006,769,0006,733,0005,318,0005,257,0006,718,0006,486,0006,128,0005,796,0005,981,0005,791,0005,420,0005,742,0005,376,000000
   Common Stock
0
0
0
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000
466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000466,000000
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income -279,000-74,000-230,000-180,000-5,0000000000-12,686,000000-12,449,000000-13,186,000000-12,647,000000-12,521,000000-11,920,000000-11,235,000000-10,700,000000-10,604,000000-10,399,000000-10,698,000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,167,000
1,171,000
1,167,000
1,167,000
1,167,000
1,171,000
1,168,000
1,168,000
1,168,000
1,171,000
1,168,000
1,168,000
1,168,000
1,172,000
1,168,000
1,168,000
0
01,168,0001,168,0001,172,0001,168,0001,168,0001,168,0001,171,0001,168,0001,168,0001,168,0001,171,0001,167,0001,167,0001,167,0001,171,0001,167,000000000000000000000000000000000000000000
   Treasury Stock00000000000-15,000000-15,0000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
4,910,000
5,276,000
4,954,000
5,325,000
5,515,000
5,330,000
5,662,000
6,020,000
6,252,000
4,791,000
4,852,000
6,267,000
6,303,000
728,000
762,000
901,000
921,000
1,194,000
1,143,000
1,097,000
1,206,000
1,159,000
1,292,000
1,260,000
1,476,000
1,355,000
1,101,000
1,010,000
953,000
820,000
918,000
931,000
1,026,000
1,141,000
1,082,000
1,243,000
1,163,000
1,033,000
993,000
799,000
670,000
845,000
827,000
920,000
1,056,000
1,186,000
1,391,000
1,651,000
1,163,000
992,000
938,000
1,094,000
1,168,000
1,168,0001,094,000938,000992,0001,163,0001,651,0001,391,0001,186,0001,056,000920,000827,000845,000670,000799,000993,0001,033,0001,163,0001,243,0001,082,0001,141,0001,026,000931,000918,000820,000953,0001,010,0001,101,0001,355,0001,476,0001,260,0001,292,0001,159,0001,206,0001,097,0001,143,0001,194,000921,000901,000762,000728,0006,303,0006,267,0004,852,0004,791,0006,252,0006,020,0005,662,0005,330,0005,515,0005,325,0004,954,0005,276,0004,910,000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue15,267,000
Cost of Revenue-12,567,000
Gross Profit2,700,0002,700,000
 
Operating Income (+$)
Gross Profit2,700,000
Operating Expense-2,730,000
Operating Income-30,000-30,000
 
Operating Expense (+$)
Research Development443,000
Selling General Administrative497,000
Selling And Marketing Expenses1,836,000
Operating Expense2,730,0002,776,000
 
Net Interest Income (+$)
Interest Income117,000
Interest Expense-108,000
Other Finance Cost-98,000
Net Interest Income-89,000
 
Pretax Income (+$)
Operating Income-30,000
Net Interest Income-89,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-361,000301,000
EBIT - interestExpense = -138,000
-364,000
-357,000
Interest Expense108,000
Earnings Before Interest and Taxes (EBIT)-30,000-253,000
Earnings Before Interest and Taxes (EBITDA)1,068,000
 
After tax Income (+$)
Income Before Tax-361,000
Tax Provision-101,000
Net Income From Continuing Ops-452,000-462,000
Net Income-465,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses15,297,000
Total Other Income/Expenses Net-331,00089,000
 

Technical Analysis of Evonik Industries AG
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Evonik Industries AG. The general trend of Evonik Industries AG is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Evonik Industries AG's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Evonik Industries AG.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 18.65 < 18.84 < 18.99.

The bearish price targets are: 17.94 > 17.82 > 16.81.

Tweet this
Evonik Industries AG Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Evonik Industries AG. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Evonik Industries AG Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Evonik Industries AG. The current macd is 0.2686502.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Evonik Industries AG price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Evonik Industries AG. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Evonik Industries AG price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Evonik Industries AG Daily Moving Average Convergence/Divergence (MACD) ChartEvonik Industries AG Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Evonik Industries AG. The current adx is 34.63.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Evonik Industries AG shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Evonik Industries AG Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Evonik Industries AG. The current sar is 17.19.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Evonik Industries AG Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Evonik Industries AG. The current rsi is 69.66. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Evonik Industries AG Daily Relative Strength Index (RSI) ChartEvonik Industries AG Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Evonik Industries AG. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Evonik Industries AG price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Evonik Industries AG Daily Stochastic Oscillator ChartEvonik Industries AG Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Evonik Industries AG. The current cci is 158.28.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Evonik Industries AG Daily Commodity Channel Index (CCI) ChartEvonik Industries AG Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Evonik Industries AG. The current cmo is 51.06.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Evonik Industries AG Daily Chande Momentum Oscillator (CMO) ChartEvonik Industries AG Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Evonik Industries AG. The current willr is -10.57401813.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Evonik Industries AG Daily Williams %R ChartEvonik Industries AG Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Evonik Industries AG.

Evonik Industries AG Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Evonik Industries AG. The current atr is 0.32740858.

Evonik Industries AG Daily Average True Range (ATR) ChartEvonik Industries AG Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Evonik Industries AG. The current obv is -2,243,197.

Evonik Industries AG Daily On-Balance Volume (OBV) ChartEvonik Industries AG Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Evonik Industries AG. The current mfi is 83.55.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Evonik Industries AG Daily Money Flow Index (MFI) ChartEvonik Industries AG Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Evonik Industries AG.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-18BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Evonik Industries AG Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Evonik Industries AG based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5069.656
Ma 20Greater thanMa 5017.446
Ma 50Greater thanMa 10017.295
Ma 100Greater thanMa 20017.569
OpenGreater thanClose18.465
Total3/5 (60.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Evonik Industries AG with someone you think should read this too:
  • Are you bullish or bearish on Evonik Industries AG? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Evonik Industries AG? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Evonik Industries AG

I send you an email if I find something interesting about Evonik Industries AG.


Comments

How you think about this?

Leave a comment

Stay informed about Evonik Industries AG.

Receive notifications about Evonik Industries AG in your mailbox!