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	$222B	6.6x	16.7x
Sherwin-Williams	$98.8B	4.2x	21.8x
Ecolab	$80.8B	5.0x	21.1x
Air Products	$74.7B	6.2x	14.6x
BASF	$69.2B	1.0x	8.3x
Shin-Etsu	$47.6B	2.9x	7.7x
Nutrien	$42.5B	1.6x	7.1x
Rongsheng Petro Chemical	$42.3B	0.9x	8.8x
Wanhua Chemical	$41.7B	1.5x	9.0x
Sika	$38.4B	2.7x	14.2x
Chandra Asri Group	$37.5B	6.3x	3545.7x
Hengli Petrochemical	$37.0B	1.1x	10.6x
LG Chem	$36.3B	1.1x	7.8x
Novonesis	$34.1B	7.1x	19.3x
Eternal Ltd	$31.0B	7.1x	276.8x
Dow	$30.8B	0.8x	8.7x
Asian Paints	$29.6B	7.5x	41.7x
PPG	$27.9B	1.8x	10.0x
LyondellBasell Industries	$25.4B	0.8x	8.5x
Ningxia Baofeng Energy Group	$24.6B	3.6x	10.2x
DSM-Firmenich	$24.3B	1.7x	9.2x
DuPont	$24.0B	3.0x	9.8x
Borouge	$23.3B	4.2x	10.7x
International Flavors & Fragrances	$22.8B	2.1x	10.9x
Nippon Paint Holdings	$21.4B	1.9x	10.7x
OMV	$20.0B	0.6x	2.6x
Industries Qatar	$19.5B	4.4x	14.7x
Nippon Sanso Holdings	$18.9B	2.2x	9.5x
Sociedad Química y Minera	$17.1B	n/a	n/a
Albemarle	$17.0B	3.3x	16.3x
RPM International	$16.5B	2.2x	13.6x
Akzo Nobel	$16.1B	1.3x	9.5x
Celanese	$16.0B	1.7x	8.2x
Covestro	$15.9B	1.0x	16.4x
Qinghai Salt Lake Industry	$15.7B	6.6x	13.8x
Ems-Chemie	$15.5B	6.4x	20.8x
Nitto Denko	$15.3B	2.3x	9.4x
Sembcorp	$15.0B	3.1x	11.4x
CF Industries	$14.8B	2.2x	5.4x
Symrise	$14.1B	2.5x	11.5x
Yara	$12.8B	0.8x	4.9x
Rabigh Refining	$12.6B	1.3x	95.6x
SABIC Agri-Nutrient	$12.2B	3.6x	9.1x
Eastman Chemical	$11.5B	1.3x	7.6x
Braskem	$11.4B	0.8x	12.9x
Westlake	$11.3B	1.0x	8.5x
Evonik Industries	$11.1B	0.7x	5.0x
Syensqo	$10.6B	1.4x	7.1x
Ecopro	$10.5B	4.2x	79.5x
ICL Group	$9.2B	4.2x	20.4x
Axalta Coating Systems	$9.1B	1.8x	8.0x
Sasol	$8.5B	0.6x	3.0x
Orica	$8.4B	1.6x	8.6x
NewMarket	$8.2B	2.9x	n/a
Brenntag	$7.9B	0.4x	5.0x
Element Solutions	$7.7B	3.1x	14.1x
Arkema	$7.5B	0.7x	5.0x
IMCD	$7.1B	1.3x	10.8x
Alfa SAB de	$7.0B	0.8x	6.9x
Xin Feng Ming Group	$6.9B	0.7x	8.8x
Orbia Advance Corp SAB	$6.6B	0.9x	6.1x
Fertiglobe	$6.6B	2.7x	7.6x
Methanex	$6.2B	1.7x	7.2x
Croda International	$5.8B	2.6x	11.4x
FMC	$5.8B	1.4x	6.7x
PI Indus	$5.7B	6.3x	23.3x
Chemours	$5.7B	1.0x	7.4x
SOL	$5.7B	2.8x	11.1x
Olin	$5.4B	0.8x	7.5x
Fuchs	$5.4B	1.3x	8.8x
Solvay	$5.3B	1.0x	5.1x
Dottikon ES Holding	$5.3B	n/a	n/a
Balchem	$5.2B	5.1x	19.2x
H.B. Fuller	$5.1B	1.5x	8.2x
Advanced Petrochemical	$5.0B	5.5x	23.0x
Dyno Nobel	$5.0B	1.5x	7.5x
Clariant	$4.8B	1.0x	5.7x
Bachem	$4.7B	5.6x	19.9x
Sensient Technologies	$4.7B	2.9x	16.2x
Azelis Group	$4.6B	1.0x	8.4x
Saudi Kayan Petrochemical	$4.6B	2.0x	16.5x
Mangalore Refinery	$4.6B	0.5x	11.4x
Wacker Chemie	$4.5B	0.7x	6.6x
Lanxess	$4.5B	0.7x	7.3x
SICC	$4.4B	18.2x	101.1x
Perimeter Solutions	$4.3B	7.1x	13.9x
Avient	$4.2B	1.3x	7.8x
Cabot	$4.1B	1.1x	5.2x
Luberef	$4.0B	1.8x	13.3x
Yansab	$4.0B	2.6x	11.6x
Alok Indus	$3.9B	n/a	n/a
Calumet	$3.9B	0.9x	14.2x
Sahara Intl	$3.8B	2.0x	11.3x
Tronox Holdings	$3.8B	1.3x	9.8x
Bluestar Adisseo	$3.8B	1.6x	7.5x
Kemira	$3.7B	1.1x	6.0x
Ashland	$3.6B	1.9x	8.9x
Hexpol	$3.5B	1.7x	9.3x
Huntsman	$3.4B	0.6x	11.4x
Enaex	$3.2B	n/a	n/a
POCO Holdings Co.	$3.1B	11.7x	36.9x
Quaker Houghton	$3.1B	1.7x	10.3x
Hawkins	$3.1B	2.9x	17.0x
Ingevity	$3.0B	2.3x	7.6x
National Industralization	$2.9B	3.1x	44.4x
Alpek	$2.9B	0.4x	4.8x
Grupa Azoty	$2.8B	0.7x	75.1x
Saudi Industrial Inv	$2.8B	n/a	105.5x
WD-40	$2.8B	4.4x	23.4x
Controladora Alpek	$2.7B	n/a	n/a
Gubre Fabrikalari	$2.6B	n/a	n/a
Trinseo	$2.5B	0.7x	13.7x
Elkem	$2.5B	0.8x	8.1x
Shanghai C and D Innostic	$2.4B	n/a	n/a
Solvac	$2.3B	n/a	n/a
Shanghai Petrochemical	$2.2B	0.2x	9.6x
Robertet	$2.2B	2.3x	11.7x
Turpaz Industries	$2.1B	n/a	n/a
Borregaard	$2.1B	2.8x	11.1x
Saudi Chemical	$2.1B	n/a	n/a
CAC Nantong Chemical Co	$2.1B	n/a	n/a
Sao Martinho	$2.0B	1.4x	3.0x
Petkim Petrokimya Holding	$2.0B	0.9x	1037.4x
Zeon	$1.9B	0.7x	5.9x
Ecovyst	$1.8B	2.5x	9.2x
Industrie De Nora	$1.7B	1.7x	8.9x
Innospec	$1.6B	0.9x	8.2x
K+S	$1.6B	0.4x	2.3x
Stepan	$1.6B	0.7x	7.5x
Koppers Holdings	$1.6B	0.8x	6.0x
Verbio	$1.5B	0.8x	32.5x
Alzchem Group	$1.5B	2.3x	11.7x
Unipar Carbocloro	$1.5B	1.6x	7.4x
Vardhman	$1.5B	1.3x	9.9x
CVR Partners	$1.4B	2.7x	n/a
Elementis	$1.4B	2.2x	9.0x
CropEnergies	$1.4B	n/a	n/a
Cosmo Advanced Materials	$1.3B	3.8x	77.2x
Orion	$1.2B	0.7x	4.8x
Kronos Worldwide	$1.2B	0.6x	9.7x
Arvind	$1.1B	1.1x	11.6x
Cydsa	$1.1B	1.3x	4.8x
Aksa Akrilik Kimya	$1.1B	1.7x	10.7x
LSB Industries	$1.0B	1.8x	7.3x
Westlake Chemical	$1.0B	0.9x	2.4x
Synthomer	$1.0B	0.4x	5.4x
ASP Isotopes	$999M	102.0x	n/a
Green Plains	$940M	0.4x	13.5x
Valhi	$867M	0.4x	n/a
Redox	$862M	1.0x	10.6x
AdvanSix	$817M	0.5x	5.4x
Chimcomplex SA Borzesti	$732M	n/a	n/a
Gujarat State Fertilizers & Chemicals	$706M	n/a	n/a
Gevo	$609M	5.0x	175.9x
Explosifs et Produits	$595M	1.0x	7.1x
Boryszew	$570M	n/a	n/a
Potasios De Chile	$550M	n/a	n/a
SP Group	$548M	1.2x	6.1x
Natac Natural Ingredients	$511M	8.5x	26.9x
SGL Carbon	$508M	0.5x	3.3x
Aspo	$505M	0.7x	6.8x
PCC Rokita	$486M	0.9x	5.7x
Aemetis	$483M	1.7x	-62.4x
Itafos	$471M	0.9x	2.9x
Alujain	$465M	1.3x	9.9x
Exel Industries	$464M	0.4x	5.9x
Uzin Utz	$396M	0.7x	5.3x
Bioceres Crop Solutions	$361M	1.1x	10.1x
Oxiquim	$360M	n/a	n/a
Fabryka Farb I Lakierow	$348M	1.5x	8.9x
American Vanguard	$327M	0.6x	8.2x
Creta Plastics	$312M	n/a	n/a
H&R GmbH & Co	$310M	0.2x	3.3x
Selena FM	$295M	n/a	n/a
Intrepid Potash	$285M	1.1x	5.2x
Avantium	$272M	9.6x	-6.4x
Cinkarna Celje	$272M	n/a	n/a
Messer Tehnogas	$263M	n/a	n/a
Flugger Group	$242M	0.7x	5.6x
Alto Ingredients	$235M	0.3x	11.4x
Hudson Technologies	$230M	1.0x	7.3x
Delta Giri Wacana	$204M	n/a	n/a
Lhyfe	$199M	17.4x	-6.4x
PCC Exol	$196M	n/a	n/a
DGL Group	$196M	0.6x	5.4x
Daios Plastic	$178M	n/a	n/a
NL Industries	$175M	1.2x	n/a
Grupo Pochteca SAB de	$173M	n/a	n/a
XRF Scientific	$172M	4.3x	15.5x
Dexxos Participacoes	$161M	0.4x	3.3x
Solar Foods	$161M	137.0x	-158.7x
Gurit Holding	$159M	0.4x	10.8x
Nabaltec	$135M	0.6x	3.8x
eXoZymes	$133M	n/a	n/a
Masterflex	$130M	1.1x	5.9x
IBU-tec adv materials	$114M	2.2x	26.7x
Carbios	$113M	156.9x	-3.7x
Baikowski	$104M	n/a	n/a
Amoeba	$102M	288.9x	-15.9x
Arla Plast	$100M	n/a	n/a
H2APEX Group	$99.2M	8.7x	-4.0x
5E Advanced Materials	$98.3M	n/a	n/a
Northern Technologies	$80.9M	0.9x	n/a
Holland	$79.3M	n/a	n/a
Exel Composites	$79.2M	0.7x	8.7x
Himsnab Bulgaria	$78.2M	n/a	n/a
I-Tech	$74.4M	4.1x	13.6x
Magis	$64.3M	0.7x	6.1x
Sulnox Group	$61.8M	n/a	n/a
Loop Industries	$56.6M	12.1x	-5.4x
KGL	$53.7M	n/a	n/a
Industrie Chimiche	$53.3M	0.6x	5.1x
Hub Tech	$48.0M	n/a	n/a
BRAIN Biotech	$48.0M	0.7x	16.5x
Green Oleo	$44.2M	0.5x	17.9x
Afyren	$40.2M	11.0x	-6.3x
Melamin	$34.2M	n/a	n/a
Polygiene Group	$29.3M	1.8x	18.6x
Lordos United Public	$28.9M	n/a	n/a
Nexam Chemical Holding	$27.8M	1.3x	35.9x
OrganoClick	$27.6M	2.4x	-339.3x
Cropmate	$27.0M	n/a	n/a
Vinpai	$23.4M	2.2x	-11.0x
Hyenergy	$21.3M	n/a	n/a
Hove	$20.6M	n/a	n/a
Carbochim	$20.3M	n/a	n/a
Plasticos Compuestos	$19.0M	n/a	n/a
Onesano	$16.1M	n/a	n/a
Polwax	$15.8M	n/a	n/a
aXichem	$15.6M	n/a	n/a
Serstech	$12.7M	2.6x	-7.9x
Suntrade Group	$10.8M	n/a	n/a
Directa Plus	$9.1M	1.1x	-3.1x
Sinteza	$9.0M	n/a	n/a
Prymus	$6.5M	n/a	n/a
Prebona	$5.4M	n/a	n/a
Encres Dubuit	$5.3M	n/a	n/a
Tribox Group	$5.2M	n/a	n/a
EcoRub	$5.0M	4.0x	-5.6x
XP Chemistries	$4.7M	13.6x	-6.4x
Cyclezyme	$4.3M	n/a	n/a
Bergen Carbon Solns	$3.4M	20.1x	-1.0x
SZAR	$3.1M	n/a	n/a
Svenska Aerogel Holding	$2.9M	n/a	n/a
Krakchemia	$2.6M	n/a	n/a
Biofrigas Sweden	$2.3M	n/a	n/a
Nattaro Labs	$2.2M	n/a	n/a
POLYDUCT Plastic	$1.3M	n/a	n/a
Recyctec Holding	$1.3M	n/a	n/a
Global Bioenergies	$1.3M	3.7x	-0.1x
Polymer Factory Sweden	$1.2M	n/a	n/a
Black Point	$1.2M	n/a	n/a
Neochim	-$8.0M	n/a	n/a
OCI	-$109M	-0.1x	-2.0x