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Celanese Corporation (CE)CE
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Upturn Advisory Summary
11/04/2024: CE (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: 7.25% | Upturn Advisory Performance 3 | Avg. Invested days: 35 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 11/04/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: 7.25% | Avg. Invested days: 35 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 11/04/2024 | Upturn Advisory Performance 3 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 13.64B USD |
Price to earnings Ratio 7.06 | 1Y Target Price 147.05 |
Dividends yield (FY) 2.24% | Basic EPS (TTM) 17.67 |
Volume (30-day avg) 767788 | Beta 1.29 |
52 Weeks Range 111.82 - 169.57 | Updated Date 11/3/2024 |
Company Size Large-Cap Stock | Market Capitalization 13.64B USD | Price to earnings Ratio 7.06 | 1Y Target Price 147.05 |
Dividends yield (FY) 2.24% | Basic EPS (TTM) 17.67 | Volume (30-day avg) 767788 | Beta 1.29 |
52 Weeks Range 111.82 - 169.57 | Updated Date 11/3/2024 |
Earnings Date
Report Date 2024-11-04 | When AfterMarket |
Estimate 2.85 | Actual - |
Report Date 2024-11-04 | When AfterMarket | Estimate 2.85 | Actual - |
Profitability
Profit Margin 18.24% | Operating Margin (TTM) 11.96% |
Management Effectiveness
Return on Assets (TTM) 2.78% | Return on Equity (TTM) 28.25% |
Revenue by Products
Revenue by Products - Current and Previous Year
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE 7.06 | Forward PE 9.6 |
Enterprise Value 25855262430 | Price to Sales(TTM) 1.29 |
Enterprise Value to Revenue 2.45 | Enterprise Value to EBITDA 9.61 |
Shares Outstanding 109264000 | Shares Floating 108640283 |
Percent Insiders 0.4 | Percent Institutions 103.45 |
Trailing PE 7.06 | Forward PE 9.6 | Enterprise Value 25855262430 | Price to Sales(TTM) 1.29 |
Enterprise Value to Revenue 2.45 | Enterprise Value to EBITDA 9.61 | Shares Outstanding 109264000 | Shares Floating 108640283 |
Percent Insiders 0.4 | Percent Institutions 103.45 |
Analyst Ratings
Rating 3.11 | Target Price 134.65 | Buy 1 |
Strong Buy 3 | Hold 12 | Sell 1 |
Strong Sell 2 |
Rating 3.11 | Target Price 134.65 | Buy 1 | Strong Buy 3 |
Hold 12 | Sell 1 | Strong Sell 2 |
AI Summarization
Celanese Corporation: A Detailed Stock Analysis
Company Profile:
History and Background:
Celanese Corporation (NYSE: CE) is a global chemical and specialty materials company with a history dating back to 1918. The company was founded by Camille Dreyfus, who invented the first commercially viable process for producing cellulose acetate. Over the years, Celanese has grown through acquisitions and expansions, becoming a leader in various chemical segments, including:
- Acetyl Products: Production of acetyl products such as cellulose acetate, used in cigarette filters and other applications.
- Performance Products: Manufacturing of engineering polymers like nylon and other specialty materials used in various industries.
- Emulsion Polymers: Production of emulsion polymers used in paints, coatings, and adhesives.
Leadership and Structure:
- CEO: Lori Ryerkerk
- President: John K. Koch
- CFO: Toby Rice
- Board of Directors: Comprises 10 members with diverse expertise in chemical industry, finance, and business strategy.
Top Products and Market Share:
Top Products:
- Cellulose acetate (global market share: 20%)
- Ultrason® PEEK polymers (high-performance polymers with global market share of 40%)
- Emulsion polymers for paints and coatings (leading global supplier)
Market Share: Celanese holds a significant market share in several key product categories, contributing to its strong financial position.
Product Performance and Market Reception: Products like Ultrason® PEEK are recognized for their superior performance, driving demand in various industries like aerospace, automotive, and electronics.
Total Addressable Market:
The global chemical market is expected to reach $6.2 trillion by 2025. Celanese operates in specific segments of this market, including acetyl products ($5.5 billion market), performance products ($30 billion market), and emulsion polymers (~$20 billion market).
Financial Performance:
Recent Financials:
- Revenue: $7.2 billion (2022)
- Net Income: $812 million (2022)
- Profit Margin: 11.2% (2022)
- EPS: $7.55 (2022)
Financial Performance Comparison:
Celanese has demonstrated consistent revenue growth and profitability in recent years. The company has a strong balance sheet with healthy cash flow.
Dividends and Shareholder Returns:
Dividend History: Celanese has a consistent dividend payout history with a current dividend yield of 1.4%.
Shareholder Returns: Total shareholder return over the past year is 12.5%, outperforming the S&P 500 index.
Growth Trajectory:
Historical Growth: Celanese has experienced consistent revenue and earnings growth over the past five years.
Future Growth: The company expects continued growth driven by strong demand for its specialty materials, new product introductions, and strategic acquisitions.
Market Dynamics:
Industry Trends: The chemical industry is experiencing increasing demand for sustainable and environmentally friendly products. Celanese is well-positioned to capitalize on this trend through its focus on innovation and sustainability.
Competitive Landscape: Celanese competes with major chemical companies like DuPont, Eastman Chemical, and LyondellBasell. The company differentiates itself through its focus on specialty materials, innovation, and customer relationships.
Competitors:
- DuPont (DD) - Market share: 15%
- Eastman Chemical (EMN) - Market share: 10%
- LyondellBasell (LYB) - Market share: 8%
Challenges and Opportunities:
Key Challenges:
- Supply chain disruptions: Potential for supply chain bottlenecks impacting production.
- Technological advancements: Keeping pace with rapid technological changes in the chemical industry.
- Competition: Maintaining market share in a highly competitive landscape.
Opportunities:
- Growing demand for specialty materials: Continued growth in demand for high-performance polymers and specialty chemicals.
- New product development: Expanding product portfolio and entering new markets with innovative products.
- Sustainability focus: Leveraging expertise to develop and market sustainable solutions.
Recent Acquisitions:
- Momentive Performance Materials (2023): Acquisition of Momentive expands Celanese's portfolio of specialty polymers and strengthens its position in the electronics and healthcare markets.
- Norske Skog Boyer (2021): Acquisition provides access to new production capacity for emulsion polymers, enhancing Celanese's presence in the paints and coatings market.
AI-Based Fundamental Rating:
Rating: 8/10
Justification:
- Strong financial performance with consistent growth and profitability
- Leading market positions in key product categories
- Strong R&D capabilities and focus on innovation
- Commitment to sustainability
- Experienced leadership team
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.
Sources:
- Celanese Corporation Investor Relations website
- S&P Global Market Intelligence
- Chemical & Engineering News
- Statista
- Reuters
Please note: This information is current as of November 8, 2023.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Celanese Corporation
Exchange | NYSE | Headquaters | Irving, TX, United States |
IPO Launch date | 2005-01-21 | Chairman, President & CEO | Ms. Lori J. Ryerkerk BS |
Sector | Basic Materials | Website | https://www.celanese.com |
Industry | Chemicals | Full time employees | 12400 |
Headquaters | Irving, TX, United States | ||
Chairman, President & CEO | Ms. Lori J. Ryerkerk BS | ||
Website | https://www.celanese.com | ||
Website | https://www.celanese.com | ||
Full time employees | 12400 |
Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. The Acetyl Chain segment produces and supplies acetyl products, including acetic acid, vinyl acetate monomers, acetic anhydride, and acetate esters that are used as starting materials for colorants, paints, adhesives, coatings, and pharmaceuticals; and organic solvents and intermediates for pharmaceutical, agricultural, and chemical products. It also offers vinyl acetate-based emulsions for use in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; and ethylene vinyl acetate resins and compounds, as well as low-density polyethylene for use in flexible packaging films, lamination film products, hot melt adhesives, automotive parts, and carpeting applications. In addition, it provides redispersible powders (RDP) for use in construction applications, including flooring, plasters, insulation, tiling, and waterproofing. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas.
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