Baikowski SA

Baikowski SA

19.65
EUR
-0.05
(-0.25%)
81.45MMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
11.15
10.76
11.51
11.03
9.71
12.24
14.44
9.77
12.99
13.81
- -
Basic EPS, GAAP
0.97
1.16
1.22
0.71
0.35
1.85
1.78
0.25
1.03
1.02
- -
Free Cash Flow per Basic Share
2.47
2.68
1.92
0.23
1.78
2.83
1.45
0.21
1.79
1.44
- -
Dividend per Share
0.95
2.18
0.99
- -
- -
- -
0.85
0.6
- -
0.3
- -
Book Value per Share
9.35
7.85
8.13
9.07
9.12
11.12
12.04
11.38
12.48
12.61
12.61
Tangible Book Value per Share
8.95
7.49
7.65
7.05
7.12
9.23
10.21
9.57
10.73
10.9
10.9
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
4
4
Sales/Revenue/Turnover
41
40
42
40
36
45
53
36
48
51
- -
Operating Margin (%)
11.21
12.96
13.08
6.22
1.91
13.36
12.67
0.07
6.12
5.94
- -
Depreciation Expense
4
4
4
4
5
4
4
3
4
4
- -
Net Income, GAAP
4
4
4
3
1
7
7
1
4
4
- -
Effective Tax Rate (%)
26.98
21.08
23.21
13.74
12.13
8.88
16.25
- -
8.74
15.97
- -
Profit Margin (%)
8.69
10.75
10.57
6.47
3.6
15.12
12.35
2.61
7.95
7.41
- -
Working Capital
5
2
10
14
9
18
18
15
17
18
18
LT Debt
4
5
13
19
12
12
7
8
8
9
9
Total Equity
34
29
30
33
33
41
44
42
46
46
46
Return on Invested Capital (%)
- -
10.11
11.24
5.61
2.64
11.66
12.01
- -
7.39
6.81
- -
Return on Capital (%)
- -
10.01
11.07
5.42
2.68
12.62
11.73
- -
7.16
6.66
- -
Return on Common Equity (%)
- -
13.44
15.22
8.3
3.84
18.26
15.37
2.18
8.65
8.15
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
5
9
8
LT Borrowings
8
7
9
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
54
76
81

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
30
36
35
Cash, Cash Equivalents & STI
6
9
8
Accounts Receivable, Net
8
9
12
Inventories
13
14
11
Total Current Liabilities
14
17
17
Payables & Accruals
- -
- -
- -
ST Debt
5
9
8
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
7.08%
1.05%
Free Cash Flow
- -
128.09%
-19.28%
Net Income, GAAP
- -
128.63%
-0.95%
Sales/Revenue/Turnover
- -
10.19%
6.27%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
36
2024
- -
- -
48
2025
- -
- -
51

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.25
2024
- -
- -
1.03
2025
- -
- -
1.02

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.6
2024
- -
- -
- -
2025
- -
- -
0.3

Company Description

CEO
Mikael Frenkian
Full Time Employees
161
Sector
Process industries
Industry
Chemicals: specialty
Address
1046 Route de Chaumontet Poisy AR France 74330
IPO Date
Dec 27, 2018
Business
Baikowski S.A. manufactures and markets high-purity mineral oxides and specialty chemicals for high-tech applications; the company produces ultra-pure alumina powders and formulations, spinel, zirconia toughened alumina (ZTA), YAG, mullite, ceria, phosphors, polishing solutions, nanodispersions, and ready-to-use products including slurries and spray-dried forms. These offerings support technical ceramics, precision polishing for semiconductors, crystals, additives, coatings, ceramic matrix composites, and advanced materials in sectors such as energy including batteries and solid oxide fuel cells, electronics, automotive, aerospace and defense, medical bioceramics and prosthetics, optics and photonics, and luxury consumer products like sapphire watch components and smartphone ceramics. Founded in 1904 and headquartered in Poisy, France, Baikowski S.A. maintains production and R&D facilities in France, the United States, and Japan, with sales offices in China and Korea, enabling global operations across Europe, the Americas, Asia, and other international markets. The company strengthened its portfolio through independence from its former parent in late 2018 via listing on Euronext Growth Paris and the acquisition of Mathym S.A.S. in 2019, adding expertise in innovative nano-dispersions for biomedical, optics, fine ceramics, coatings, and next-generation energy applications. Baikowski S.A. holds ISO 9001, 14001, 45001, and 22000 certifications, commits to sustainability by reducing greenhouse gas emissions 25% from 2015-2021 with a further 20% target by 2030, and achieved an 88/100 gender equality score in 2024.