CELANESE CORP (CE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CE - US1508701034 - Common Stock
41.65 USD
+1.17 (+2.89%)
41.65 USD
0 (0%)
Taking everything into account, CE scores 3 out of 10 in our fundamental rating. CE was compared to 81 industry peers in the Chemicals industry. CE has a bad profitability rating. Also its financial health evaluation is rather negative. CE has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CE was profitable.
CE had a positive operating cash flow in the past year.
Of the past 5 years CE 4 years were profitable.
CE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CE's Return On Assets of -13.95% is on the low side compared to the rest of the industry. CE is outperformed by 80.25% of its industry peers.
Looking at the Return On Equity, with a value of -78.22%, CE is doing worse than 85.19% of the companies in the same industry.
With a Return On Invested Capital value of 3.60%, CE perfoms like the industry average, outperforming 49.38% of the companies in the same industry.
CE had an Average Return On Invested Capital over the past 3 years of 4.41%. This is in line with the industry average of 6.07%.
| 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
With a Operating Margin value of 8.72%, CE perfoms like the industry average, outperforming 50.62% of the companies in the same industry.
CE's Operating Margin has declined in the last couple of years.
CE has a Gross Margin of 21.33%. This is in the lower half of the industry: CE underperforms 62.96% of its industry peers.
CE's Gross Margin has declined in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CE is destroying value.
Compared to 1 year ago, CE has more shares outstanding
The number of shares outstanding for CE has been reduced compared to 5 years ago.
Compared to 1 year ago, CE has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.46, we must say that CE is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of CE (1.46) is worse than 66.67% 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 has a Debt to FCF ratio (12.55) which is in line with its industry peers.
CE has a Debt/Equity ratio of 2.99. This is a high value indicating a heavy dependency on external financing.
CE has a Debt to Equity ratio of 2.99. This is amonst the worse of the industry: CE underperforms 85.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.99 | ||
| Debt/FCF | 12.55 | ||
| Altman-Z | 1.46 |
ROIC/WACC0.5
WACC7.16%
2.3 Liquidity
A Current Ratio of 1.63 indicates that CE should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.63, CE is doing worse than 66.67% of the companies in the same industry.
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 65.43% 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.
Looking at the last year, CE shows a decrease in Revenue. The Revenue has decreased by -7.34% in the last year.
CE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.30% yearly.
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.
CE is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.25% yearly.
EPS Next Y-47.45%
EPS Next 2Y-15.77%
EPS Next 3Y-2.68%
EPS Next 5Y3.78%
Revenue Next Year-5.37%
Revenue Next 2Y-1.66%
Revenue Next 3Y0.05%
Revenue Next 5Y-0.25%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 8.68, the valuation of CE can be described as reasonable.
88.89% of the companies in the same industry are more expensive than CE, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.31, CE is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.03, the valuation of CE can be described as very cheap.
CE's Price/Forward Earnings ratio is rather cheap when compared to the industry. CE is cheaper than 91.36% of the companies in the same industry.
CE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.68 | ||
| Fwd PE | 7.03 |
4.2 Price Multiples
CE's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CE indicates a rather cheap valuation: CE is cheaper than 95.06% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.45 | ||
| EV/EBITDA | 9.75 |
4.3 Compensation for Growth
A cheap valuation may be justified as CE's earnings are expected to decrease with -2.68% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.77%
EPS Next 3Y-2.68%
5. Dividend
5.1 Amount
CE has a yearly dividend return of 0.30%, which is pretty low.
CE's Dividend Yield is slightly below the industry average, which is at 3.94.
Compared to an average S&P500 Dividend Yield of 2.34, CE's dividend is way lower than the S&P500 average.
| 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 been paying a dividend for at least 10 years, so it has a reliable track record.
CE has decreased its dividend recently.
Dividend Growth(5Y)3.06%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
The earnings of CE are negative and hence is the payout ratio. CE will probably not be able to sustain this dividend level.
CE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-2.78%
EPS Next 2Y-15.77%
EPS Next 3Y-2.68%
41.65
+1.17 (+2.89%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners107.4%
Inst Owner Change-3.23%
Ins Owners0.27%
Ins Owner Change0.94%
Market Cap4.56B
Revenue(TTM)9.71B
Net Income(TTM)-3.09B
Analysts72
Price Target55.87 (34.14%)
Short Float %7.08%
Short Ratio3.72
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)0.38%
PT rev (3m)-0.08%
EPS NQ rev (1m)-5.9%
EPS NQ rev (3m)-17.13%
EPS NY rev (1m)-0.18%
EPS NY rev (3m)-2.69%
Revenue NQ rev (1m)-3.45%
Revenue NQ rev (3m)-4.04%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.68 | ||
| Fwd PE | 7.03 | ||
| P/S | 0.47 | ||
| P/FCF | 4.45 | ||
| P/OCF | 3.29 | ||
| P/B | 1.15 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.75 |
EPS(TTM)4.8
EY11.52%
EPS(NY)5.92
Fwd EY14.22%
FCF(TTM)9.35
FCFY22.45%
OCF(TTM)12.68
OCFY30.43%
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 | 1.46 |
F-Score4
WACC7.16%
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-47.45%
EPS Next 2Y-15.77%
EPS Next 3Y-2.68%
EPS Next 5Y3.78%
Revenue 1Y (TTM)-7.34%
Revenue growth 3Y6.39%
Revenue growth 5Y10.3%
Sales Q2Q%-8.65%
Revenue Next Year-5.37%
Revenue Next 2Y-1.66%
Revenue Next 3Y0.05%
Revenue Next 5Y-0.25%
EBIT growth 1Y-23%
EBIT growth 3Y-18.82%
EBIT growth 5Y0.1%
EBIT Next Year22.28%
EBIT Next 3Y12.65%
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 -47.45% in the next year.