Stock · BAYN.DE · Healthcare

Bayer AG

Germany · Large Cap · Revenue 12 mo. €45.4B

Price as of 11/06/2026

StockScorer score
4.5
of 10 5 of 11 points Low Match To the score
Price
€55.58
1 Y +100.1%
Market cap
€55.2B
Phase
Mature
core business profitable, revenue barely moving
Revenue −3.5% a year (3 years)EBIT margin 15.3%Payout 2.7% of operating cash flow

Bayer Aktiengesellschaft operates as a life science company in Europe, the Middle East, Africa, Germany, Switzerland, North America, the United States, the Asia Pacific, China, Latin America, and Brazil.

moreless

Bayer Aktiengesellschaft operates as a life science company in Europe, the Middle East, Africa, Germany, Switzerland, North America, the United States, the Asia Pacific, China, Latin America, and Brazil. It operates through Pharmaceuticals, Consumer Health, and Crop Science segments. The Pharmaceuticals segment provides prescription products primarily for cardiology and women's health care; specialty therapeutics in the areas of oncology, hematology, and ophthalmology; and diagnostic imaging equipment and contrast agents, as well as cell and gene therapy. The Consumer Health segment offers nonprescription over-the-counter medicines for self-medication and self-care; nutritional supplements; allergy, cough, and cold; dermatology; pain and cardiovascular risk prevention; and digestive health products. The Crop Science segment offers chemical and biological crop protection products, improved plant traits, seeds, digital solutions, and pest and weed management products, as well as customer services for agriculture. It also engages in the breeding, propagation, and production/processing of seeds, including seed dressing. The company distributes its products through wholesalers, pharmacies and pharmacy chains, supermarkets, online and other retailers, and hospitals, as well as directly to farmers. Bayer Aktiengesellschaft has a strategic alliance with The University of Colorado Anschutz, along with UCHealth and Children's Hospital Colorado to advance drug development and clinical trials. Bayer Aktiengesellschaft has a strategic alliance Henry Ford Health. It has a commercial agreement with Neste to Jointly scale newgold winter canola for biofuels production. Bayer Aktiengesellschaft was founded in 1863 and is based in Leverkusen, Germany.

Original text from the data provider

Summary

Bayer AG is around the middle of the Healthcare sector overall

44.9 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 12.1% FCF growth a year, more than achieved over the last 5 and 10 years.

If free cash flow stays at €2.1B (2025), it supports €23.2B. The remaining €32.1B of the market value assume it grows 12.1% a year for 10 years and not at all afterwards.

Required FCF growth per year

12.1%

no growth afterwards

Market value breakdown€55.2B market value, price as of 11/06/2026

€23.2B without growth
€32.1B priced-in growth
  • 5 yrs achieved −0.3%
  • 10 yrs achieved −7.4%
  • priced in 12.1%

Valuation against its own history

Price to operating cash flow 13.1×, above its usual range.

Middle half of 20 quarters: 4.1× to 9.7×, median 6.8×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

No sign supports the expectation, 3 speak against it.

What supports it

with respect to the priced-in expectation

No indication in the stored figures.

What speaks against it

with respect to the priced-in expectation

  • Expectation above the company's own record priced in 12.1%, achieved at most −0.3%
  • Loss over the last twelve months net income −€3.6B
  • Volatile earnings 5 drops or sign changes in up to 10 years

Since the last quarter

Q1 → Q2 2026

Mostly worse than the previous quarter: 3 of 3 changes for the worse.

  • FCF, 12 mo.€2.0B → €1.5B−28.0%worse
  • EBIT margin15.4% → 13.7%−1.7 ppworse
  • FCF margin4.5% → 3.2%−1.3 ppworse

5 more unchanged: Revenue, 12 mo., Gross margin, Net debt, Shares outstanding, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability37.5below the middleEarns less than the sector: Return on equity −13.95%, sector 11.52%.
MetricStockSector medianPosition in sector
Return on equity−13.95%11.52%Rank 8
Return on capital (Greenblatt)54.98%32.55%Rank 73
EBIT margin15.26%18.31%Rank 41
FCF margin4.57%14.12%Rank 19
Gross margin59.21%60.99%Rank 47
Growth36.7below the middleGrows more slowly than the sector: Revenue growth, 1 year −2.21%, sector 8.04%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year−2.21%8.04%Rank 5
Earnings growth, 3 years per yeardoes not count towards the rank–5.44%
Earnings growth, 5 years per yeardoes not count towards the rank–7.00%
Sustainable growth (ROE × retained earnings)5.46%3.66%Rank 69
Valuation55.1around the middleValued about like the sector.
MetricStockSector medianPosition in sector
Earnings yield−6.63%2.90%Rank 1
FCF yield3.77%3.63%Rank 51
EV/saleslower is better1.864.03Rank 81
EV/EBITlower is better12.1921.73Rank 87
Momentum80.0above the middleShare price doing better than the sector: Share price, 1 year 100.05%, sector 8.66%.
MetricStockSector medianPosition in sector
Share price, 1 year100.05%8.66%Rank 98
Share price, 6 months50.78%24.27%Rank 87
Share price, 3 months16.72%15.42%Rank 53
Distance from 52-week high−1.14%−7.35%Rank 82
Quality49.8around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−5.94%0.30%Rank 88
Change in share countlower is better0.00%0.00%Rank 45
Dividend streak in years110Rank 29
Price reaction to results, market-adjusted−1.00%0.05%Rank 36
Balance sheet & risk10.3below the middleMore risk than the sector: Net debt/EBITDA 11.17, sector 1.11.
MetricStockSector medianPosition in sector
Equity ratio23.46%48.40%Rank 12
Net debt/EBITDAlower is better11.171.11Rank 0
Debt to equitylower is better1.440.48Rank 12
Volatility, 1 yearlower is better43.18%31.42%Rank 17

Ten years in figures

Revenue from €34.9B (2016) to €45.6B (2025), 3.0% a year.

Fiscal years, amounts in EUR
YearRevenue, €BEBIT marginFCF, €BSharesNet debt, €B
201634.916.3%6.5846M16.4
201735.016.8%5.8886M5.6
201836.73.8%5.3941M36.6
201943.512.0%5.6982M35.7
202041.40.0%2.5982M37.4
202144.118.0%2.5982M35.0
202250.716.2%4.1982M36.5
202347.617.7%2.4982M38.9
202446.69.6%4.6982M34.6
202545.615.3%2.1982M30.8
4.5 / 10Low MatchStockScorer score5 of 11 points

3 of 7 StockScorer Score rules met · How the score is built

Bayer AG mainly meets criteria in the Valuation category. Result from 18 strategies checked.

This stock · Profitability: 33%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Bayer AG's score is built

Bayer AG is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

3 of 7 rules met

5 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.no data0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Bayer AG stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Moat Quality
  • Trending Value: Value + Momentum
  • Levermann Strategy (13 Criteria)
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Altman Z-Score: Stress Test
  • Defensive: Low Volatility
  • Dividend Aristocrats & Continuity
  • Dividend Quality: 4 Factors
  • Balanced GARP
  • High-Growth / Rule of 40
  • PEG Strategy (inspired by Peter Lynch)
  • Undervalued Stocks: Multi-Factor Check

Bayer AG key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Bayer AG.

MetricStockSector
P/E ratio−26.130.0
P/B ratio2.14.8
Return on equity (ROE)−14.0%11.5%
Equity ratio23.5%48.4%
Debt-to-equity (D/E)1.440.48
Dividend yield0.2%1.3%

Similar stocks in Healthcare

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
BAYN.DEBayer AGthis page
4519.TChugai Pharmaceutical Co. Ltd.locked
4578.TOtsuka Holdings Ltdlocked
BIIBBiogen IncLow4.5
4568.TDaiichi Sankyo Co. Ltd.locked
4503.TAstellas Pharma Inc.locked

Frequently asked questions about Bayer AG stock

How does Bayer AG stock (BAYN.DE) score in the StockScorer model?
Bayer AG stock reaches a StockScorer score of 4.5 out of 10, which is a low match with the rule-based strategies. 3 out of 7 flagship profile rules are met.
What is Bayer AG's P/E ratio?
Bayer AG's P/E ratio is -26.1. The Healthcare sector median is 30.0.
What sector is Bayer AG in?
Bayer AG is assigned to the Healthcare sector. Its rank within the sector is 44.9 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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