Chemicals Valuation Multiples and Public Comps

Chemicals

See analyst estimates and all valuation multiples for Chemicals

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
Linde	$235B	6.9x	17.6x
Sherwin-Williams	$101B	4.3x	22.2x
Ecolab	$87.0B	5.4x	22.5x
Air Products	$74.1B	6.1x	14.3x
BASF	$73.2B	1.0x	8.8x
Shin-Etsu	$53.7B	3.3x	9.0x
Wanhua Chemical	$51.7B	1.8x	10.7x
Rongsheng Petro Chemical	$48.5B	1.1x	9.1x
Nutrien	$47.1B	1.8x	7.6x
Saudi Basic Industries	$45.4B	1.2x	9.2x
Hengli Petrochemical	$44.0B	1.3x	12.3x
Sika	$37.7B	2.6x	13.7x
Dow	$35.3B	0.9x	11.0x
Chandra Asri Group	$34.2B	5.3x	4937.3x
LG Chem	$33.3B	1.1x	6.9x
PPG	$32.2B	2.0x	11.6x
Novonesis	$31.6B	6.4x	17.3x
Ningxia Baofeng Energy Group	$29.2B	4.0x	11.2x
LyondellBasell Industries	$27.5B	0.9x	10.4x
Eternal Ltd	$26.6B	5.5x	234.0x
DuPont	$25.6B	3.7x	11.8x
Albemarle	$25.3B	5.0x	24.2x
Asian Paints	$25.1B	6.5x	35.7x
Sociedad Química y Minera	$24.5B	n/a	n/a
Borouge	$24.1B	4.3x	11.4x
International Flavors & Fragrances	$23.9B	2.2x	11.5x
DSM-Firmenich	$22.8B	1.5x	8.5x
Qinghai Salt Lake Industry	$21.9B	9.1x	19.2x
Nippon Paint Holdings	$21.3B	1.9x	10.5x
OMV	$20.9B	0.6x	2.7x
Industries Qatar	$19.4B	4.4x	14.3x
Nippon Sanso Holdings	$17.7B	2.1x	8.9x
Ems-Chemie	$17.2B	6.9x	22.1x
Ecopro	$17.1B	6.7x	105.0x
Celanese	$16.7B	1.7x	8.8x
Akzo Nobel	$16.7B	1.4x	9.6x
RPM International	$16.4B	2.1x	13.4x
CF Industries	$16.2B	2.3x	5.8x
Yara	$14.8B	0.9x	5.3x
Sembcorp	$14.7B	3.0x	11.9x
Symrise	$14.1B	2.4x	11.3x
Westlake	$13.7B	1.2x	12.7x
SABIC Agri-Nutrient	$12.8B	3.7x	9.5x
Nitto Denko	$12.6B	2.0x	7.8x
Rabigh Refining	$12.6B	1.4x	-1206.5x
Eastman Chemical	$12.5B	1.4x	8.5x
Braskem	$12.0B	0.9x	18.3x
Evonik Industries	$10.9B	0.7x	4.9x
Syensqo	$10.4B	1.4x	7.1x
Axalta Coating Systems	$10.1B	2.0x	8.8x
Orica	$9.8B	1.7x	9.4x
Sasol	$9.2B	0.6x	3.2x
ICL Group	$9.1B	4.0x	19.5x
Brenntag	$8.5B	0.5x	5.5x
Element Solutions	$8.2B	3.3x	15.0x
Xin Feng Ming Group	$7.7B	0.8x	9.4x
Arkema	$7.3B	0.7x	4.9x
Fertiglobe	$7.2B	2.7x	7.6x
NewMarket	$7.0B	n/a	n/a
Methanex	$7.0B	1.9x	8.1x
IMCD	$6.9B	1.2x	10.5x
Orbia Advance Corp SAB	$6.9B	0.9x	6.1x
Bachem	$6.6B	7.5x	26.2x
Dottikon ES Holding	$6.5B	n/a	n/a
Chemours	$6.1B	1.0x	8.1x
FMC	$6.0B	1.5x	7.1x
Croda International	$6.0B	2.6x	11.2x
Balchem	$5.6B	5.5x	20.6x
Olin	$5.5B	0.8x	7.8x
SICC	$5.4B	24.2x	126.8x
SOL	$5.4B	2.6x	10.2x
Fuchs	$5.3B	1.3x	8.4x
Dyno Nobel	$5.3B	1.5x	7.5x
H.B. Fuller	$5.2B	1.5x	8.4x
Solvay	$5.2B	1.0x	5.1x
Clariant	$5.1B	1.0x	5.8x
PI Indus	$4.9B	5.7x	21.1x
Avient	$4.8B	1.5x	8.9x
Wacker Chemie	$4.8B	0.7x	7.2x
Luberef	$4.7B	2.2x	15.5x
Sensient Technologies	$4.7B	2.9x	16.0x
Cabot	$4.7B	1.3x	6.0x
Lanxess	$4.6B	0.7x	7.6x
Mangalore Refinery	$4.5B	0.5x	10.8x
Bluestar Adisseo	$4.4B	1.8x	8.8x
Saudi Kayan Petrochemical	$4.3B	1.9x	15.4x
Azelis Group	$4.3B	0.9x	7.7x
Advanced Petrochemical	$4.2B	4.5x	18.6x
Perimeter Solutions	$4.2B	6.5x	12.8x
Tronox Holdings	$4.2B	1.5x	11.9x
Calumet	$4.2B	1.0x	13.7x
Ashland	$4.1B	2.2x	10.1x
Kemira	$3.9B	1.2x	6.1x
Huntsman	$3.8B	0.7x	14.1x
Enaex	$3.7B	n/a	n/a
Gubre Fabrikalari	$3.7B	n/a	n/a
Alok Indus	$3.6B	n/a	n/a
Ingevity	$3.6B	2.9x	9.1x
Quaker Houghton	$3.4B	1.8x	11.3x
Sahara International	$3.3B	1.8x	13.5x
Yansab	$3.3B	2.2x	10.4x
POCO Holdings Co.	$3.3B	12.3x	37.0x
WD-40	$3.2B	5.0x	26.7x
Hexpol	$3.1B	1.5x	7.9x
Alpek	$3.0B	0.4x	5.0x
Hawkins	$3.0B	2.8x	16.4x
Elkem	$2.8B	0.9x	8.9x
Shanghai Petrochemical	$2.8B	0.3x	12.3x
Grupa Azoty	$2.8B	0.7x	46.1x
Turpaz Industries	$2.8B	n/a	n/a
National Industralization	$2.6B	2.8x	-14.2x
Trinseo	$2.5B	0.7x	14.6x
Robertet	$2.2B	2.2x	11.5x
Solvac	$2.2B	n/a	n/a
K+S	$2.2B	0.5x	3.1x
Borregaard	$2.2B	2.8x	11.3x
Saudi Industrial Inv	$2.2B	n/a	197.3x
Zeon	$2.1B	0.8x	6.9x
Verbio	$2.1B	1.1x	33.2x
Sao Martinho	$2.1B	1.5x	3.1x
CAC Nantong Chemical Co	$2.1B	2.8x	n/a
Shanghai C and D Innostic	$2.1B	0.7x	n/a
Ecovyst	$2.0B	2.8x	11.1x
Saudi Chemical	$2.0B	n/a	n/a
Petkim Petrokimya Holding	$2.0B	0.9x	-85.2x
Stepan	$1.9B	0.8x	8.8x
Alzchem Group	$1.9B	2.7x	13.5x
Innospec	$1.8B	1.0x	9.2x
Industrie De Nora	$1.7B	1.6x	8.6x
Unipar Carbocloro	$1.6B	1.7x	7.2x
Koppers Holdings	$1.6B	0.8x	6.1x
CVR Partners	$1.5B	n/a	n/a
Aksa Akrilik Kimya	$1.5B	1.7x	13.3x
CropEnergies	$1.4B	n/a	n/a
Elementis	$1.4B	2.3x	9.3x
Vardhman	$1.4B	1.3x	9.5x
Orion	$1.3B	0.7x	5.8x
Kronos Worldwide	$1.2B	0.7x	20.9x
Cosmo Advanced Materials	$1.2B	3.7x	80.7x
Cydsa	$1.2B	1.2x	5.0x
Westlake Chemical	$1.1B	1.0x	2.6x
Green Plains	$1.1B	0.5x	14.5x
Redox	$1.1B	1.2x	12.8x
Potasios De Chile	$1.1B	n/a	n/a
Synthomer	$1.1B	0.4x	5.6x
Arvind	$1.1B	1.1x	10.8x
LSB Industries	$1.0B	1.7x	6.7x
Valhi	$891M	n/a	n/a
AdvanSix	$814M	0.5x	5.3x
ASP Isotopes	$792M	99.0x	-21.9x
Explosifs et Produits	$737M	1.2x	8.7x
Chimcomplex SA Borzesti	$731M	n/a	n/a
SP Group	$702M	1.6x	7.9x
SGL Carbon	$691M	0.6x	4.6x
Gujarat State Fertilizers & Chemicals	$631M	n/a	n/a
Gevo	$589M	3.7x	37.9x
Boryszew	$588M	n/a	n/a
Aspo	$547M	0.8x	7.1x
PCC Rokita	$534M	1.0x	6.1x
Natac Natural Ingredients	$474M	7.4x	24.0x
Aemetis	$459M	2.1x	-19.9x
Exel Industries	$429M	0.4x	5.0x
Uzin Utz	$417M	0.7x	5.5x
Oxiquim	$409M	n/a	n/a
Selena FM	$399M	0.8x	6.4x
Itafos	$389M	0.7x	2.4x
Alujain	$385M	1.1x	9.0x
Intrepid Potash	$378M	1.5x	6.4x
Avantium	$368M	12.6x	-9.4x
Fabryka Farb I Lakierow	$349M	1.6x	8.4x
American Vanguard	$328M	n/a	n/a
Creta Plastics	$319M	n/a	n/a
Bioceres Crop Solutions	$303M	0.9x	8.6x
Cinkarna Celje	$294M	1.2x	6.4x
H&R GmbH & Co	$286M	0.2x	3.0x
Alto Ingredients	$286M	0.3x	11.4x
Messer Tehnogas	$265M	n/a	n/a
Flugger Group	$239M	0.7x	5.5x
Gurit Holding	$226M	0.6x	-4.9x
Hudson Technologies	$225M	0.9x	7.3x
DGL Group	$208M	0.6x	5.8x
XRF Scientific	$207M	4.8x	17.3x
NL Industries	$202M	n/a	n/a
Lhyfe	$192M	15.3x	-6.0x
PCC Exol	$190M	n/a	n/a
Delta Giri Wacana	$187M	n/a	n/a
Grupo Pochteca SAB de	$185M	n/a	n/a
Solar Foods	$180M	132.1x	-76.0x
Daios Plastic	$173M	n/a	n/a
Carbios	$161M	194.6x	-5.4x
Dexxos Participacoes	$154M	0.4x	3.0x
Masterflex	$147M	1.2x	6.4x
Nabaltec	$143M	0.6x	4.0x
IBU-tec adv materials	$114M	2.1x	19.5x
H2APEX Group	$108M	9.6x	-3.1x
Sulnox Group	$106M	n/a	n/a
Baikowski	$105M	n/a	n/a
Exel Composites	$101M	0.8x	10.1x
Arla Plast	$100M	n/a	n/a
Afyren	$97.0M	25.6x	-14.9x
Amoeba	$94.9M	229.2x	-14.3x
Northern Technologies	$92.9M	1.1x	n/a
eXoZymes	$81.8M	n/a	n/a
Holland	$79.1M	n/a	n/a
Magis	$66.2M	0.7x	6.8x
I-Tech	$63.7M	3.3x	11.2x
BRAIN Biotech	$61.7M	0.9x	15.7x
KGL	$61.1M	n/a	n/a
Loop Industries	$57.7M	17.8x	-5.4x
Industrie Chimiche	$54.0M	0.6x	5.0x
5E Advanced Materials	$43.6M	n/a	n/a
Hub Tech	$43.0M	n/a	n/a
Green Oleo	$42.9M	0.5x	18.6x
Melamin	$34.7M	n/a	n/a
Himsnab Bulgaria	$29.6M	n/a	n/a
Polygiene Group	$29.2M	1.7x	18.9x
Lordos United Public	$29.0M	n/a	n/a
Carbochim	$28.6M	n/a	n/a
Vinpai	$28.6M	n/a	n/a
OrganoClick	$27.7M	2.3x	-137.6x
Cropmate	$26.2M	n/a	n/a
Hove	$24.1M	n/a	n/a
Nexam Chemical Holding	$23.6M	0.9x	8.9x
Hyenergy	$21.9M	n/a	n/a
Directa Plus	$18.0M	2.0x	-6.3x
Polwax	$16.8M	n/a	n/a
Plasticos Compuestos	$16.1M	n/a	n/a
Onesano	$13.7M	n/a	n/a
aXichem	$12.3M	5.6x	-11.1x
Serstech	$11.1M	2.2x	-5.8x
Neochim	$9.9M	n/a	n/a
Suntrade Group	$9.0M	n/a	n/a
Sinteza	$8.7M	n/a	n/a
EcoRub	$6.3M	n/a	n/a
Prymus	$6.0M	n/a	n/a
Encres Dubuit	$6.0M	n/a	n/a
Prebona	$4.6M	n/a	n/a
Tribox Group	$4.5M	n/a	n/a
Cyclezyme	$3.9M	n/a	n/a
Svenska Aerogel Holding	$3.2M	n/a	n/a
SZAR	$2.9M	n/a	n/a
Biofrigas Sweden	$2.0M	n/a	n/a
Krakchemia	$1.9M	n/a	n/a
Bergen Carbon Solns	$1.9M	n/a	-0.4x
XP Chemistries	$1.8M	39.0x	-1.8x
Nattaro Labs	$1.7M	n/a	n/a
POLYDUCT Plastic	$1.4M	n/a	n/a
Recyctec Holding	$1.1M	n/a	n/a
Polymer Factory Sweden	$1.0M	n/a	n/a
Black Point	$1.0M	n/a	n/a
OCI	-$85.0M	-0.1x	-2.0x