LyondellBasell Industries N.V. NYSE: LYB p. chemiczny

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LyondellBasell Industries (NYSE:LYB) continues to exhibit strong fundamentals, despite a recent 6.6% drop in its stock, as revealed by InvestingPro real-time metrics. The company has reported a return on equity (ROE) of 16%, outperforming the industry average of 14%. This figure, calculated from a net profit of $2.1 billion and shareholders' equity of $13 billion over the trailing twelve months to June 2023, suggests a profit of $0.16 per $1 equity.

According to InvestingPro Tips, LyondellBasell has a history of high earnings quality, with free cash flow exceeding net income, and has been aggressively buying back shares. These factors, in combination with a high ROE, typically indicate potential for strong growth.

The company's market cap stands at 30.76B USD, with a P/E ratio of 14.69, reflecting the earnings potential of the company. The InvestingPro data also highlights a dividend yield of 5.35% as of 2023, which aligns with the InvestingPro Tip that the company pays a significant dividend to shareholders.

Nevertheless, LyondellBasell reported a 3.2% decrease in net income over the past year. This decline could be attributed to either a high payout ratio or less-than-optimal capital allocation. An InvestingPro Tip points out that the company's revenue has been declining at an accelerating rate, which could be a contributing factor to the net income decrease.

Despite this slight downturn in net income, the company's robust earnings throughout the last year underscore its overall financial health and resilience. The firm's performance reveals a capacity to generate profits that exceed industry standards, even in the face of stock market fluctuations. With a strong free cash flow yield implied by its valuation, as per InvestingPro Tips, LyondellBasell continues to be a prominent player in the Chemicals industry.