The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

WCH.DE

Concerning the House

Wacker Chemie AG, together with its subsidiaries, produces and sells chemical products in Europe, Asia, the Americas, and internationally. The company operates through four segments: Silicones, Polymers, Biosolutions, and Polysilicon. It offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silica; and binders and polymeric additives, including dispersible polymer powders and dispersions. The company also provides pharmaceutical proteins, vaccines, cyclodextrins, cysteine, polyvinyl acetate solid resins, and acetylacetone, as well as pharmaceutical actives, food additives, and agrochemicals; and hyperpure polysilicon. In addition, it engages in forums; e-business, such as ERP system, EDI integration, delivery forecast, and e-invoicing; and support services. The company serves automotive, construction, chemical, semiconductor, consumer goods, medical technology, pharmaceutical, and photovoltaic industries. It exports its products. The company was formerly known as Wacker-Chemie GMBH and changed its name to Wacker Chemie AG in October 2005. Wacker Chemie AG was founded in 1914 and is headquartered in Munich, Germany. The company operates as a subsidiary of Dr. Alexander Wacker Familiengesellschaft mbH.

Germany · www.wacker.com

The Ledger
LineJun 2025Sep 2025Dec 2025Mar 2026
Revenue$1.41B$1.34B$1.25B$1.41B
Gross profit$165.30M$154.20M$146.00M$219.70M
Operating income-$11.30M-$20.00M-$48.10M$52.20M
Net income-$24.20M-$86.10M-$702.90M$10.40M
Diluted EPS-1.730.21
Free cash flow-$337.30M$433.70M-$138.50M$77.30M
Quotation

$95.50

+1.70 (+1.8%)

52w hi$105.60
52w lo$61.55
Vol44.58K
As ofAug 13
The Verdict

Hold

Our score -0.47

Short+0.10
Medium-0.56
Long-1.40

computed 2026-08-13

By the Numbers

Wacker Chemie AG

Basic Materials · Specialty Chemicals

Market cap$4.66B
Enterprise value$5.55B
Trailing P/E
Forward P/E41.88x
EV / EBITDA9.16x
P / S (ttm)
Profit margin-7.9%
Return on equity-9.6%
Revenue growth+7.4%
Earnings growth
Debt / equity54.97
Risk Metrics
Beta vs SPX0.47
Corr SPX0.18
Annual vol42.8%
Annual ret+12.1%
Sharpe0.28
Max DD-34.1%

Window: 504 trading days (489 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.34
Sector+0.03
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$95.20$95.20$92.6544.58K
Aug 12$94.90$96.25$94.35$95.5058.85K
Aug 11$93.45$94.50$92.45$93.8055.26K
Aug 10$94.30$95.25$92.65$92.9059.58K
Aug 7$95.85$96.70$93.70$93.7061.25K