Company: Evonik Industries AG
Business: A German specialty chemicals company that are divided into three segments: Consumer, Health & Nutrition (specialty chemicals for consumer goods); Resource Efficiency (within materials and coatings they provide environmental friendly and energy efficient chemical solutions) and finally Specialty Materials (production of polymer and additives)
Active: Strong European focus but active in over 100 countries with production sites in 24 countries world wide.
P/E: 11.7
Comment: The analysis was made based on the last three years which only is of importance for the yearly growth for my contrarian analysis approach also they have higher short debt than what they had cash available.
