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BayWa AGBYW.DECompetitor analysis, valuation and peers

Germany · EUR·Industrials›Wholesale Distributors

German conglomerate trading agricultural inputs, energy products and building materials, plus renewable-energy project development.

≈ A German diversified agribusiness/building-materials distributorMomentum laggard 2
Mkt cap
$1.07B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$1,155
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
Hurdle
n/a
no reverse DCF
Next earnings
146 days
1 Apr 2027
Close · EUR€7.20
1D+2.9%
1W-2.2%
1M-12.2%
3M-28.0%
6M-57.6%
YTD-52.9%
1Y-19.7%
ATR %5.4%
52w lowhigh65.9% off high

What BayWa does

German conglomerate trading agricultural inputs, energy products and building materials, plus renewable-energy project development.

Earns thin margins on large volumes of grain, farm inputs, fuels and building materials that it buys and resells, so profit depends on volume and trading discipline. Solar and wind projects are developed and sold to investors, so renewables profit arrives in lumps. Farmers' Raiffeisen cooperatives are the largest shareholders, and the group has been in a financial restructuring since 2024.

In one line: A German diversified agribusiness/building-materials distributor.

Products and services

  • Agricultural trading (grain, inputs)
  • Building materials distribution
  • Renewable energy (solar/wind project development)
  • Energy/fuel distribution

Customers

  • Farmers/agricultural cooperatives
  • Construction/trade customers
  • Renewable energy project buyers

Where it sits in the supply chain

  • Industrials
  • Diversified trading & distribution
  • Agriculture, energy & building…

What could go right

  • Renewable energy project development growth
  • Agricultural trading volume recovery

What could go wrong

  • High debt load/restructuring risk
  • Agricultural commodity price volatility

Moat: none (scale, distribution). Broad regional distribution scale in agriculture/building materials, but a low-margin trading conglomerate facing financial distress/restructuring.

Headquarters: Munich, Germany · Founded: 1923

Named competitors

  • ADM ADM
  • Cargill (private) private or unlisted
  • Raiffeisen Group (private) private or unlisted

BayWa at a glance

Size BayWa (BYW.DE) is a Germany Industrials company (Wholesale Distributors) with a market value of $1.07B, the 142nd largest of 205 Germany companies the cockpit tracks. Shares closed at €7.20 on 6 Nov 2026.

Performance Over six months the shares fell 57.6%, against -21.9% for the median peer and +2.6% for the Germany market (cap-weighted) — 2nd lowest of 21 in its peer set.

Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).

Relative performance

40608010011 May 202611 Aug 20266 Nov 2026Peer median 78BYW.DE 42
Six months, rebased to 100: BayWa against the median of its 20 peers (local-currency closes).

BayWa financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenuen/an/a€21.2B€23.9B€27.1B
Revenue growth——-12%-12%—
Gross profitn/an/a€333M€953M€1.00B
EBITDAn/an/a-€131M€603M€812M
Net incomen/an/a-€1.16B-€98.1M€168M
Free cash flown/an/a-€120M-€390M-€886M
Capital expendituren/an/a€601M€542M€379M
Total debtn/an/a€5.81B€6.59B€6.28B

Quarterly statements and history in the cockpit →

BayWa competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%-10%0%SNL30089325906003130029938415002173745899600990IMD60102680516038099830605011301162600826000751BYW.DE6-month return →1-month return →
Up and to the right = strong over both horizons. BayWa is the large dot.

BayWa competitors and peer comparison

Head to head with its named competitors (BYW.DE vs ADM)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
BayWa BYW.DE$1.07B-58%n/an/an/an/a
Archer Daniels Midland ADM$33.3B-9%+1%3%0.5×8.0%

How BayWa compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

BayWa against its 20 peers (data as of 6 Nov 2026)
MeasureBYW.DEPeer medianRank in peer set
1-month return-12.2%-4.5%7th lowest of 21
6-month return-57.6%-21.9%2nd lowest of 21
Distance from 52-week high-65.9%-36.3%2nd lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
BayWa BYW.DEGermany$1.07B-58%n/an/an/an/an/a
Supply Network SNL.AXAustralia$1.06B+12%+16%17%3.9×11.7%+19.9%
Zhejiang Songyuan Automotive Safety Systems 300893.SZChina$1.06B-34%+27%12%2.8×n/an/a
Beijing Geekplus Technology 2590.HKHong Kong$1.05B-67%+33%0%1.5×n/an/a
China Agricultural Development Seed 600313.SSChina$1.04B-16%+35%1%0.8×21.8%+12.7%
Dongguan Aohai Technology 002993.SZChina$1.10B-44%+122%1%0.6×n/an/a
Brighton-Best International (Taiwan) 8415.TWOTaiwan$1.11B+5%+11%20%1.9×-8.8%+8.8%
Innovation Medical Management 002173.SZChina$1.12B-29%-13%-18%10.2×n/an/a
Daiichikosho 7458.TJapan$1.13B+6%+4%11%1.2×-6.0%+11.8%
Totech 9960.TJapan$1.00B0%+6%10%0.9×5.4%+9.2%
Deep Source 0990.HKHong Kong$1.00B-31%+7%2%0.2×-13.6%+6.1%
Imdex IMD.AXAustralia$1.15B-21%+21%16%3.7×20.1%+14.5%
Techstorm Advanced Material 601026.SSChina$1.16B-33%+8%6%2.4×n/an/a
Yamazen 8051.TJapan$978M+13%+7%2%0.2×-6.3%+4.5%
Chengdu Haoneng Technology 603809.SSChina$1.16B-23%+18%10%3.7×n/an/a
Trusco Nakayama 9830.TJapan$958M+6%+10%7%0.6×n/an/a
Hangzhou Cogeneration 605011.SSChina$956M-23%-1%5%2.2×n/an/a
State Power Rixin Technology 301162.SZChina$944M-25%+12%17%8.2×22.6%+23.8%
Dlg Exhibitions & Events 600826.SSChina$944M-9%+2%15%2.8×6.9%-11.5%
Huludao Zinc Industry 000751.SZChina$943M-36%+17%1%0.5×n/an/a
Redox RDX.AXAustralia$1.22B+2%+7%11%1.3×-7.8%+10.8%

Questions

Who are BayWa's main competitors?
Named competitors: ADM (ADM), Cargill (private) (private or unlisted), Raiffeisen Group (private) (private or unlisted). The cockpit's measured peer set (industry) also includes Supply Network (SNL.AX), Zhejiang Songyuan Automotive Safety Systems (300893.SZ), Beijing Geekplus Technology (2590.HK), China Agricultural Development Seed (600313.SS), Dongguan Aohai Technology (002993.SZ), Brighton-Best International (Taiwan) (8415.TWO).
How has BayWa stock performed?
Over six months to 6 Nov 2026 the shares returned -57.6% against -21.9% for the median peer; over one year -19.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.