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	$212B	6.3x	15.9x
Sherwin-Williams	$98.0B	4.2x	21.6x
Ecolab	$84.2B	5.3x	22.0x
Air Products	$74.6B	6.2x	14.5x
BASF	$70.6B	1.0x	8.4x
Shin-Etsu	$48.4B	2.9x	8.0x
Saudi Basic Industries	$43.5B	1.2x	8.7x
Nutrien	$42.3B	1.6x	6.9x
Wanhua Chemical	$41.6B	1.5x	8.8x
Chandra Asri Group	$41.5B	6.7x	4638.4x
Rongsheng Petro Chemical	$40.7B	0.9x	8.3x
Sika	$38.3B	2.7x	14.2x
Hengli Petrochemical	$36.5B	1.1x	10.3x
LG Chem	$35.9B	1.1x	7.7x
Novonesis	$32.5B	6.7x	18.2x
Dow	$32.0B	0.8x	9.4x
Asian Paints	$31.3B	8.0x	43.8x
Eternal Ltd	$30.0B	6.6x	264.5x
PPG	$28.4B	1.8x	10.2x
LyondellBasell Industries	$26.9B	0.9x	9.3x
International Flavors & Fragrances	$23.8B	2.2x	11.4x
DuPont	$23.7B	3.3x	10.9x
DSM-Firmenich	$23.5B	1.6x	8.9x
Ningxia Baofeng Energy Group	$23.3B	3.3x	9.3x
Borouge	$23.3B	4.2x	10.8x
Nippon Paint Holdings	$21.1B	1.9x	10.6x
Sociedad Química y Minera	$20.6B	n/a	n/a
OMV	$19.7B	0.6x	2.6x
Albemarle	$19.1B	3.8x	18.3x
Industries Qatar	$18.4B	4.2x	13.7x
Nippon Sanso Holdings	$18.0B	2.1x	9.1x
Qinghai Salt Lake Industry	$16.5B	6.8x	14.3x
RPM International	$16.4B	2.2x	13.5x
Celanese	$16.3B	1.7x	8.4x
Covestro	$15.9B	1.0x	16.8x
Akzo Nobel	$15.7B	1.3x	9.2x
Ems-Chemie	$15.2B	6.2x	20.2x
Sembcorp	$14.5B	2.9x	11.6x
Nitto Denko	$14.2B	2.2x	8.9x
CF Industries	$14.0B	2.0x	5.1x
Symrise	$13.9B	2.4x	11.3x
Yara	$12.8B	0.8x	4.8x
Rabigh Refining	$12.5B	1.3x	1232.7x
Westlake	$11.9B	1.0x	9.4x
Eastman Chemical	$11.7B	1.3x	7.8x
Braskem	$11.6B	0.9x	15.6x
SABIC Agri-Nutrient	$11.6B	3.4x	8.6x
Evonik Industries	$10.8B	0.7x	4.9x
Ecopro	$10.6B	4.3x	73.9x
Syensqo	$10.1B	1.4x	6.9x
ICL Group	$9.5B	4.3x	21.0x
Axalta Coating Systems	$9.2B	1.8x	8.1x
Orica	$8.9B	1.7x	9.0x
Sasol	$8.3B	0.6x	3.0x
Brenntag	$8.3B	0.5x	5.3x
NewMarket	$7.9B	2.8x	n/a
Arkema	$7.3B	0.7x	4.8x
Element Solutions	$7.2B	2.9x	13.2x
Alfa SAB de	$7.2B	0.8x	7.1x
Xin Feng Ming Group	$6.8B	0.7x	8.6x
IMCD	$6.6B	1.2x	10.2x
Orbia Advance Corp SAB	$6.6B	0.9x	6.0x
Fertiglobe	$6.5B	2.5x	7.1x
Dottikon ES Holding	$6.0B	n/a	n/a
Methanex	$6.0B	1.6x	7.0x
Croda International	$5.8B	2.6x	11.3x
SOL	$5.8B	2.8x	11.3x
FMC	$5.8B	1.5x	6.8x
Chemours	$5.7B	1.0x	7.5x
Olin	$5.6B	0.8x	7.8x
Solvay	$5.5B	1.1x	5.4x
PI Indus	$5.3B	6.1x	22.3x
Fuchs	$5.3B	1.3x	8.6x
SICC	$5.1B	22.0x	120.1x
Balchem	$5.1B	5.0x	18.9x
H.B. Fuller	$5.1B	1.5x	8.3x
Clariant	$5.0B	1.0x	5.9x
Bachem	$4.9B	5.7x	20.1x
Dyno Nobel	$4.8B	1.4x	7.2x
Sensient Technologies	$4.7B	2.9x	16.2x
Wacker Chemie	$4.6B	0.7x	6.8x
Advanced Petrochemical	$4.6B	4.9x	20.5x
Lanxess	$4.5B	0.7x	7.5x
Azelis Group	$4.5B	0.9x	8.1x
Perimeter Solutions	$4.4B	7.0x	13.6x
Saudi Kayan Petrochemical	$4.4B	1.9x	15.5x
Avient	$4.3B	1.3x	8.0x
Cabot	$4.3B	1.2x	5.4x
Mangalore Refinery	$4.2B	0.4x	10.4x
Ashland	$3.9B	2.1x	9.7x
Calumet	$3.9B	0.9x	13.4x
Luberef	$3.9B	1.7x	12.5x
Tronox Holdings	$3.8B	1.3x	10.3x
Yansab	$3.8B	2.5x	11.4x
Alok Indus	$3.8B	n/a	n/a
Huntsman	$3.7B	0.7x	13.0x
Kemira	$3.7B	1.1x	5.9x
Hexpol	$3.6B	1.7x	9.5x
Bluestar Adisseo	$3.6B	1.5x	7.1x
Sahara International	$3.5B	1.9x	13.2x
Enaex	$3.3B	n/a	n/a
Quaker Houghton	$3.1B	1.6x	10.2x
Ingevity	$3.1B	2.4x	7.9x
Hawkins	$3.0B	2.9x	16.8x
POCO Holdings Co.	$2.9B	10.9x	33.8x
Alpek	$2.9B	0.4x	4.8x
Grupa Azoty	$2.7B	0.7x	58.9x
WD-40	$2.7B	4.3x	22.9x
Controladora Alpek	$2.7B	n/a	n/a
Elkem	$2.6B	0.9x	8.7x
National Industralization	$2.6B	2.9x	41.2x
Trinseo	$2.5B	0.7x	14.5x
Gubre Fabrikalari	$2.4B	n/a	n/a
Saudi Industrial Inv	$2.4B	n/a	121.5x
Shanghai C and D Innostic	$2.3B	n/a	n/a
Robertet	$2.3B	2.3x	11.9x
Solvac	$2.2B	n/a	n/a
Turpaz Industries	$2.2B	n/a	n/a
Shanghai Petrochemical	$2.2B	0.2x	9.4x
Borregaard	$2.1B	2.8x	11.3x
Petkim Petrokimya Holding	$2.0B	0.9x	382.6x
CAC Nantong Chemical Co	$2.0B	n/a	n/a
Zeon	$2.0B	0.7x	6.3x
Sao Martinho	$2.0B	1.4x	2.9x
Saudi Chemical	$1.9B	n/a	n/a
Ecovyst	$1.9B	2.5x	9.7x
K+S	$1.7B	0.4x	2.5x
Innospec	$1.6B	0.9x	8.1x
Stepan	$1.6B	0.7x	7.6x
Verbio	$1.6B	0.8x	28.9x
Industrie De Nora	$1.6B	1.5x	8.3x
Koppers Holdings	$1.6B	0.8x	6.1x
Unipar Carbocloro	$1.5B	1.6x	7.4x
Alzchem Group	$1.5B	2.2x	11.1x
Aksa Akrilik Kimya	$1.4B	1.6x	12.8x
CVR Partners	$1.4B	2.7x	n/a
Vardhman	$1.4B	1.3x	9.6x
CropEnergies	$1.4B	n/a	n/a
Elementis	$1.4B	2.2x	9.0x
Cosmo Advanced Materials	$1.3B	3.8x	78.8x
Orion	$1.2B	0.7x	5.3x
Kronos Worldwide	$1.2B	0.6x	12.4x
Arvind	$1.2B	1.2x	11.7x
Cydsa	$1.2B	1.3x	5.1x
Synthomer	$1.1B	0.4x	5.6x
Westlake Chemical	$1.0B	0.9x	2.3x
LSB Industries	$996M	1.7x	6.7x
Green Plains	$973M	0.4x	13.6x
Redox	$939M	1.1x	11.6x
Valhi	$851M	0.4x	n/a
AdvanSix	$793M	0.5x	5.2x
Chimcomplex SA Borzesti	$701M	n/a	n/a
Potasios De Chile	$678M	n/a	n/a
Gujarat State Fertilizers & Chemicals	$645M	n/a	n/a
Explosifs et Produits	$619M	1.0x	7.5x
ASP Isotopes	$618M	86.3x	n/a
Gevo	$611M	4.5x	80.9x
Boryszew	$579M	n/a	n/a
SP Group	$559M	1.3x	6.3x
Natac Natural Ingredients	$533M	8.7x	28.3x
SGL Carbon	$526M	0.5x	3.5x
Exel Industries	$504M	0.4x	6.3x
Aspo	$496M	0.7x	6.6x
PCC Rokita	$488M	0.9x	5.7x
Aemetis	$456M	1.9x	-28.0x
Alujain	$454M	1.3x	10.0x
Itafos	$392M	0.7x	2.4x
Uzin Utz	$379M	0.6x	5.1x
Oxiquim	$365M	n/a	n/a
Bioceres Crop Solutions	$345M	1.0x	9.0x
Fabryka Farb I Lakierow	$323M	1.4x	8.2x
Creta Plastics	$322M	n/a	n/a
American Vanguard	$314M	0.6x	7.8x
H&R GmbH & Co	$298M	0.2x	3.2x
Alto Ingredients	$291M	0.3x	13.0x
Selena FM	$288M	n/a	n/a
Cinkarna Celje	$279M	n/a	n/a
Avantium	$277M	9.4x	-6.7x
Intrepid Potash	$271M	1.1x	4.8x
Messer Tehnogas	$265M	n/a	n/a
Flugger Group	$241M	0.7x	5.5x
Hudson Technologies	$232M	1.0x	7.4x
Delta Giri Wacana	$201M	n/a	n/a
DGL Group	$199M	0.6x	5.8x
Lhyfe	$195M	16.5x	-6.3x
PCC Exol	$189M	n/a	n/a
Daios Plastic	$181M	n/a	n/a
XRF Scientific	$177M	4.3x	15.7x
Grupo Pochteca SAB de	$176M	n/a	n/a
NL Industries	$167M	1.1x	n/a
Gurit Holding	$163M	0.4x	-309.3x
Masterflex	$154M	1.3x	6.9x
Dexxos Participacoes	$149M	0.4x	3.0x
Solar Foods	$147M	119.1x	-67.8x
Carbios	$140M	183.9x	-4.7x
Nabaltec	$130M	0.6x	3.7x
eXoZymes	$126M	n/a	n/a
IBU-tec adv materials	$124M	2.4x	23.0x
Baikowski	$105M	n/a	n/a
H2APEX Group	$101M	10.0x	-4.0x
Arla Plast	$97.4M	n/a	n/a
Sulnox Group	$96.9M	n/a	n/a
Amoeba	$96.1M	256.4x	-14.9x
Afyren	$91.5M	24.8x	-14.3x
5E Advanced Materials	$78.9M	n/a	n/a
Holland	$78.6M	n/a	n/a
Himsnab Bulgaria	$78.3M	n/a	n/a
Exel Composites	$77.5M	0.6x	8.3x
Northern Technologies	$76.1M	0.9x	n/a
I-Tech	$64.6M	3.5x	11.9x
BRAIN Biotech	$63.1M	0.9x	20.9x
Magis	$61.0M	0.7x	6.0x
KGL	$55.8M	n/a	n/a
Industrie Chimiche	$53.8M	0.6x	5.1x
Loop Industries	$49.1M	12.4x	-4.6x
Green Oleo	$42.5M	0.5x	18.0x
Hub Tech	$39.6M	n/a	n/a
Melamin	$34.2M	n/a	n/a
Polygiene Group	$32.3M	2.0x	21.0x
Lordos United Public	$28.4M	n/a	n/a
OrganoClick	$26.9M	2.3x	-211.2x
Cropmate	$26.5M	n/a	n/a
Nexam Chemical Holding	$25.8M	1.2x	33.2x
Vinpai	$23.6M	2.2x	-11.1x
Hyenergy	$21.4M	n/a	n/a
Hove	$20.6M	n/a	n/a
Carbochim	$19.5M	n/a	n/a
Plasticos Compuestos	$19.1M	n/a	n/a
Onesano	$15.9M	n/a	n/a
Polwax	$14.7M	n/a	n/a
aXichem	$14.5M	n/a	n/a
Serstech	$13.7M	2.9x	-8.0x
Suntrade Group	$10.0M	n/a	n/a
Sinteza	$9.4M	n/a	n/a
Directa Plus	$8.6M	1.0x	-3.0x
Prymus	$6.5M	n/a	n/a
Encres Dubuit	$5.7M	n/a	n/a
EcoRub	$5.6M	4.5x	-6.2x
Prebona	$5.3M	n/a	n/a
Tribox Group	$4.5M	n/a	n/a
Cyclezyme	$4.3M	n/a	n/a
Bergen Carbon Solns	$3.9M	n/a	-0.9x
SZAR	$3.0M	n/a	n/a
Nattaro Labs	$2.9M	n/a	n/a
Svenska Aerogel Holding	$2.9M	n/a	n/a
Krakchemia	$2.3M	n/a	n/a
Biofrigas Sweden	$2.1M	n/a	n/a
XP Chemistries	$2.1M	5.6x	-2.8x
POLYDUCT Plastic	$1.4M	n/a	n/a
Global Bioenergies	$1.3M	3.8x	-0.1x
Recyctec Holding	$1.3M	n/a	n/a
Black Point	$1.0M	n/a	n/a
Polymer Factory Sweden	$0.9M	n/a	n/a
Neochim	-$0.3M	n/a	n/a
OCI	-$83.7M	-0.1x	-2.3x