DSM-Firmenich AG

ENXTAM:DSFIR Stock Report

Market Cap: €15.6b

DSM-Firmenich Valuation

Is DSFIR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of DSFIR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: DSFIR (€62.26) is trading below our estimate of future cash flow value (€95.46)

Significantly Below Future Cash Flow Value: DSFIR is trading below future cash flow value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for DSFIR?

Key metric: As DSFIR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DSFIR. This is calculated by dividing DSFIR's market cap by their current earnings.
What is DSFIR's PE Ratio?
PE Ratio56.9x
Earnings€274.00m
Market Cap€15.60b

Price to Earnings Ratio vs Peers

How does DSFIR's PE Ratio compare to its peers?

The above table shows the PE ratio for DSFIR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14x
AKZA Akzo Nobel
13.6x12.43%€8.7b
CRBN Corbion
14.5x15.16%€1.1b
MT ArcelorMittal
14.7x13.27%€39.3b
4612 Nippon Paint Holdings
13x6.70%JP¥2.3t
DSFIR DSM-Firmenich
56.9x23.34%€15.6b

Price-To-Earnings vs Peers: DSFIR is expensive based on its Price-To-Earnings Ratio (56.9x) compared to the peer average (14x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does DSFIR's PE Ratio compare vs other companies in the European Chemicals Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
DSFIR 56.9xIndustry Avg. 17.8xNo. of Companies11PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DSFIR is expensive based on its Price-To-Earnings Ratio (56.9x) compared to the European Chemicals industry average (18x).


Price to Earnings Ratio vs Fair Ratio

What is DSFIR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DSFIR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio56.9x
Fair PE Ratio23.1x

Price-To-Earnings vs Fair Ratio: DSFIR is expensive based on its Price-To-Earnings Ratio (56.9x) compared to the estimated Fair Price-To-Earnings Ratio (23.1x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DSFIR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€62.26
€79.82
+28.20%
13.17%€103.00€63.00n/a20
Apr ’27€60.74
€80.02
+31.74%
12.77%€103.00€66.00n/a20
Mar ’27€60.44
€85.05
+40.72%
13.97%€106.00€67.00n/a20
Feb ’27€66.20
€96.00
+45.02%
15.53%€125.00€70.00n/a21
Jan ’27€68.76
€101.30
+47.32%
15.28%€125.00€70.00n/a20
Dec ’26€70.10
€102.00
+45.51%
14.76%€125.00€70.00n/a20
Nov ’26€70.70
€105.70
+49.50%
12.43%€125.00€70.00n/a20
Oct ’26€72.64
€108.95
+49.99%
12.84%€135.00€70.00n/a20
Sep ’26€83.54
€117.75
+40.95%
12.81%€146.00€77.00n/a20
Aug ’26€81.34
€120.70
+48.39%
10.40%€146.00€88.00n/a20
Jul ’26€90.62
€122.55
+35.24%
10.91%€146.00€88.00n/a20
Jun ’26€98.02
€122.48
+24.96%
10.15%€146.00€88.00n/a21
May ’26€95.32
€122.72
+28.75%
10.05%€146.00€88.00n/a21
Apr ’26€92.12
€126.82
+37.66%
9.02%€146.00€88.00€60.7421
Mar ’26€103.00
€127.53
+23.82%
9.21%€146.00€88.00€60.4421
Feb ’26€98.82
€127.34
+28.86%
10.54%€146.00€78.00€66.2021
Jan ’26€97.72
€127.91
+30.90%
11.06%€146.00€78.00€68.7621
Dec ’25€103.95
€128.63
+23.74%
10.94%€146.00€78.00€70.1021
Nov ’25€108.55
€129.69
+19.47%
11.38%€158.00€78.00€70.7022
Oct ’25€122.00
€127.46
+4.48%
12.06%€158.00€78.00€72.6422
Sep ’25€123.00
€126.78
+3.07%
12.00%€158.00€78.00€83.5422
Aug ’25€117.95
€124.96
+5.94%
11.98%€158.00€78.00€81.3422
Jul ’25€105.75
€122.92
+16.23%
12.65%€158.00€75.00€90.6222
Jun ’25€105.65
€121.87
+15.35%
12.72%€158.00€75.00€98.0222
May ’25€105.70
€119.49
+13.04%
13.34%€158.00€75.00€95.3222
Apr ’25€105.40
€118.08
+12.03%
14.67%€158.00€70.00€92.1222
€79.82
Fair Value
22.0% undervalued intrinsic discount
20
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/13 03:07
End of Day Share Price 2026/04/13 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DSM-Firmenich AG is covered by 41 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jennifer BarkerBarclays
Alexander SloaneBarclays
Sebastian BrayBerenberg