BASF SE ranks in an above-average position in its peer group, with valuation as the least supportive dimension. Price action is running ahead of the structural profile — the setup is more market-led than fundamentals-led for now.
Peer-relative scores, weakest to strongest
BASF SE is a global chemical company producing a broad range of chemical products for industries worldwide.
The market prices BASF as a chemical company with persistently weak capital returns and limited recovery prospects, not as a sustainable quality name. With a ROIC of just 3.2% (well below sector cost of capital FY25) and an operating margin of 5.1% (trails peer median in FY25), BASF trades at a discount, as the market assigns it the valuation of a cyclical underperformer rather than rewarding it with a premium multiple. Because BASF is particularly exposed to regulatory costs and innovation pressure, the market penalizes the stock’s competitiveness versus global chemical peers by maintaining a persistent valuation discount. As a result, the market is hesitant to re-rate the stock. Only a clear improvement in margins and ROIC sustained over at least two quarters could break the peer discount framing.
Break down BAS.DE's position across all dimensions with the full interactive tool.
This analysis is rule-based and descriptive. Peer-relative scores are derived from functional peer group comparisons using publicly available financial data. Scores reflect structural positioning only and do not constitute investment advice, a buy or sell recommendation, or a forecast of future performance. AssetNext peer scores are recalculated periodically as new data becomes available.
AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.
Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.
Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.
Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.