CELANESE CORP (CE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CE - US1508701034 - Common Stock
43.5 USD
+0.71 (+1.66%)
43.5 USD
0 (0%)
CE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 82 industry peers in the Chemicals industry. Both the profitability and financial health of CE have multiple concerns. CE is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CE had positive earnings in the past year.
CE had a positive operating cash flow in the past year.
Of the past 5 years CE 4 years were profitable.
In the past 5 years CE always reported a positive cash flow from operatings.
1.2 Ratios
CE has a worse Return On Assets (-13.95%) than 79.27% of its industry peers.
The Return On Equity of CE (-78.22%) is worse than 86.59% of its industry peers.
CE's Return On Invested Capital of 3.60% is in line compared to the rest of the industry. CE outperforms 50.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CE is in line with the industry average of 6.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.95% | ||
| ROE | -78.22% | ||
| ROIC | 3.6% |
ROA(3y)2.64%
ROA(5y)8.38%
ROE(3y)10.61%
ROE(5y)26.65%
ROIC(3y)4.41%
ROIC(5y)7.05%
1.3 Margins
CE has a Operating Margin (8.72%) which is in line with its industry peers.
In the last couple of years the Operating Margin of CE has declined.
CE's Gross Margin of 21.33% is on the low side compared to the rest of the industry. CE is outperformed by 62.20% of its industry peers.
In the last couple of years the Gross Margin of CE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.72% | ||
| PM (TTM) | N/A | ||
| GM | 21.33% |
OM growth 3Y-23.69%
OM growth 5Y-9.25%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.98%
GM growth 5Y-2.12%
2. Health
2.1 Basic Checks
CE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, CE has more shares outstanding
CE has less shares outstanding than it did 5 years ago.
CE has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.47, we must say that CE is in the distress zone and has some risk of bankruptcy.
CE's Altman-Z score of 1.47 is on the low side compared to the rest of the industry. CE is outperformed by 70.73% of its industry peers.
CE has a debt to FCF ratio of 12.55. This is a negative value and a sign of low solvency as CE would need 12.55 years to pay back of all of its debts.
CE's Debt to FCF ratio of 12.55 is in line compared to the rest of the industry. CE outperforms 58.54% of its industry peers.
CE has a Debt/Equity ratio of 2.99. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.99, CE is doing worse than 85.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.99 | ||
| Debt/FCF | 12.55 | ||
| Altman-Z | 1.47 |
ROIC/WACC0.5
WACC7.25%
2.3 Liquidity
CE has a Current Ratio of 1.63. This is a normal value and indicates that CE is financially healthy and should not expect problems in meeting its short term obligations.
CE has a worse Current ratio (1.63) than 64.63% of its industry peers.
A Quick Ratio of 1.04 indicates that CE should not have too much problems paying its short term obligations.
CE has a Quick ratio of 1.04. This is in the lower half of the industry: CE underperforms 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The earnings per share for CE have decreased strongly by -47.48% in the last year.
CE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.59% yearly.
CE shows a decrease in Revenue. In the last year, the revenue decreased by -7.34%.
The Revenue has been growing by 10.30% on average over the past years. This is quite good.
EPS 1Y (TTM)-47.48%
EPS 3Y-22.89%
EPS 5Y-2.59%
EPS Q2Q%-45.08%
Revenue 1Y (TTM)-7.34%
Revenue growth 3Y6.39%
Revenue growth 5Y10.3%
Sales Q2Q%-8.65%
3.2 Future
Based on estimates for the next years, CE will show a small growth in Earnings Per Share. The EPS will grow by 3.78% on average per year.
Based on estimates for the next years, CE will show a decrease in Revenue. The Revenue will decrease by -0.25% on average per year.
EPS Next Y-47.3%
EPS Next 2Y-16.65%
EPS Next 3Y-4.72%
EPS Next 5Y3.78%
Revenue Next Year-6.72%
Revenue Next 2Y-3.12%
Revenue Next 3Y-0.9%
Revenue Next 5Y-0.25%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.06 indicates a reasonable valuation of CE.
Compared to the rest of the industry, the Price/Earnings ratio of CE indicates a rather cheap valuation: CE is cheaper than 90.24% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CE to the average of the S&P500 Index (26.76), we can say CE is valued rather cheaply.
The Price/Forward Earnings ratio is 7.50, which indicates a rather cheap valuation of CE.
90.24% of the companies in the same industry are more expensive than CE, based on the Price/Forward Earnings ratio.
CE is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.96, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.06 | ||
| Fwd PE | 7.5 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CE is valued a bit cheaper than 62.20% of the companies in the same industry.
CE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CE is cheaper than 95.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.65 | ||
| EV/EBITDA | 9.83 |
4.3 Compensation for Growth
A cheap valuation may be justified as CE's earnings are expected to decrease with -4.72% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-16.65%
EPS Next 3Y-4.72%
5. Dividend
5.1 Amount
CE has a yearly dividend return of 0.30%, which is pretty low.
Compared to an average industry Dividend Yield of 3.98, CE is paying slightly less dividend.
With a Dividend Yield of 0.30, CE pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
5.2 History
The dividend of CE has a limited annual growth rate of 3.06%.
CE has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of CE decreased recently.
Dividend Growth(5Y)3.06%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
CE has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of CE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-2.78%
EPS Next 2Y-16.65%
EPS Next 3Y-4.72%
43.5
+0.71 (+1.66%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners103.6%
Inst Owner Change-3.23%
Ins Owners0.28%
Ins Owner Change0.94%
Market Cap4.76B
Revenue(TTM)9.71B
Net Income(TTM)-3.09B
Analysts73.6
Price Target54.09 (24.34%)
Short Float %7.31%
Short Ratio3.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
Yearly Dividend2.81
Dividend Growth(5Y)3.06%
DP-2.78%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.25%
Min EPS beat(2)-0.14%
Max EPS beat(2)6.64%
EPS beat(4)3
Avg EPS beat(4)17.03%
Min EPS beat(4)-0.14%
Max EPS beat(4)44.41%
EPS beat(8)4
Avg EPS beat(8)4.55%
EPS beat(12)6
Avg EPS beat(12)2.25%
EPS beat(16)8
Avg EPS beat(16)2.68%
Revenue beat(2)0
Avg Revenue beat(2)-3.84%
Min Revenue beat(2)-6.31%
Max Revenue beat(2)-1.36%
Revenue beat(4)1
Avg Revenue beat(4)-1.91%
Min Revenue beat(4)-6.31%
Max Revenue beat(4)2.89%
Revenue beat(8)1
Avg Revenue beat(8)-3.49%
Revenue beat(12)1
Avg Revenue beat(12)-4.02%
Revenue beat(16)3
Avg Revenue beat(16)-2.63%
PT rev (1m)-3.31%
PT rev (3m)-3.27%
EPS NQ rev (1m)-6.71%
EPS NQ rev (3m)-15.47%
EPS NY rev (1m)0.28%
EPS NY rev (3m)-2.42%
Revenue NQ rev (1m)-3.73%
Revenue NQ rev (3m)-4.28%
Revenue NY rev (1m)-1.43%
Revenue NY rev (3m)-1.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.06 | ||
| Fwd PE | 7.5 | ||
| P/S | 0.49 | ||
| P/FCF | 4.65 | ||
| P/OCF | 3.43 | ||
| P/B | 1.2 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.83 |
EPS(TTM)4.8
EY11.03%
EPS(NY)5.8
Fwd EY13.34%
FCF(TTM)9.35
FCFY21.5%
OCF(TTM)12.68
OCFY29.14%
SpS88.68
BVpS36.11
TBVpS-31.32
PEG (NY)N/A
PEG (5Y)N/A
Graham Number62.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.95% | ||
| ROE | -78.22% | ||
| ROCE | 4.59% | ||
| ROIC | 3.6% | ||
| ROICexc | 3.9% | ||
| ROICexgc | 6.84% | ||
| OM | 8.72% | ||
| PM (TTM) | N/A | ||
| GM | 21.33% | ||
| FCFM | 10.55% |
ROA(3y)2.64%
ROA(5y)8.38%
ROE(3y)10.61%
ROE(5y)26.65%
ROIC(3y)4.41%
ROIC(5y)7.05%
ROICexc(3y)4.72%
ROICexc(5y)7.67%
ROICexgc(3y)9.71%
ROICexgc(5y)12.05%
ROCE(3y)5.7%
ROCE(5y)9.11%
ROICexgc growth 3Y-25.53%
ROICexgc growth 5Y-7.04%
ROICexc growth 3Y-35.3%
ROICexc growth 5Y-15.71%
OM growth 3Y-23.69%
OM growth 5Y-9.25%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.98%
GM growth 5Y-2.12%
F-Score4
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.99 | ||
| Debt/FCF | 12.55 | ||
| Debt/EBITDA | 7.29 | ||
| Cap/Depr | 47.03% | ||
| Cap/Sales | 3.75% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.63% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 1.47 |
F-Score4
WACC7.25%
ROIC/WACC0.5
Cap/Depr(3y)81.1%
Cap/Depr(5y)93.82%
Cap/Sales(3y)5.01%
Cap/Sales(5y)5.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-47.48%
EPS 3Y-22.89%
EPS 5Y-2.59%
EPS Q2Q%-45.08%
EPS Next Y-47.3%
EPS Next 2Y-16.65%
EPS Next 3Y-4.72%
EPS Next 5Y3.78%
Revenue 1Y (TTM)-7.34%
Revenue growth 3Y6.39%
Revenue growth 5Y10.3%
Sales Q2Q%-8.65%
Revenue Next Year-6.72%
Revenue Next 2Y-3.12%
Revenue Next 3Y-0.9%
Revenue Next 5Y-0.25%
EBIT growth 1Y-23%
EBIT growth 3Y-18.82%
EBIT growth 5Y0.1%
EBIT Next Year22.66%
EBIT Next 3Y11.96%
EBIT Next 5Y9.04%
FCF growth 1Y-0.29%
FCF growth 3Y-25.61%
FCF growth 5Y-13.3%
OCF growth 1Y-13.79%
OCF growth 3Y-18.08%
OCF growth 5Y-7.85%
CELANESE CORP / CE FAQ
What is the ChartMill fundamental rating of CELANESE CORP (CE) stock?
ChartMill assigns a fundamental rating of 3 / 10 to CE.
What is the valuation status for CE stock?
ChartMill assigns a valuation rating of 6 / 10 to CELANESE CORP (CE). This can be considered as Fairly Valued.
What is the profitability of CE stock?
CELANESE CORP (CE) has a profitability rating of 3 / 10.
Can you provide the financial health for CE stock?
The financial health rating of CELANESE CORP (CE) is 2 / 10.
What is the expected EPS growth for CELANESE CORP (CE) stock?
The Earnings per Share (EPS) of CELANESE CORP (CE) is expected to decline by -47.3% in the next year.