CELANESE CORP (CE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CE - US1508701034 - Common Stock
45.57 USD
+1.59 (+3.62%)
45.6 USD
+0.03 (+0.07%)
Overall CE gets a fundamental rating of 3 out of 10. We evaluated CE against 82 industry peers in the Chemicals industry. CE has a bad profitability rating. Also its financial health evaluation is rather negative. CE is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CE had positive earnings in the past year.
In the past year CE had a positive cash flow from operations.
CE had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CE had a positive operating cash flow.
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 79.52% of its industry peers.
The Return On Equity of CE (-78.22%) is worse than 86.75% of its industry peers.
CE has a Return On Invested Capital of 3.60%. This is comparable to the rest of the industry: CE outperforms 50.60% 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 6.10%.
| 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 of 8.72%. This is comparable to the rest of the industry: CE outperforms 49.40% of 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 62.65% 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.
CE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CE has less shares outstanding
Compared to 1 year ago, CE has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.48, we must say that CE is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.48, CE is not doing good in the industry: 63.86% of the companies in the same industry are doing better.
The Debt to FCF ratio of CE is 12.55, which is on the high side as it means it would take CE, 12.55 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 12.55, CE perfoms like the industry average, outperforming 59.04% of the companies in the same industry.
A Debt/Equity ratio of 2.99 is on the high side and indicates that CE has dependencies on debt financing.
The Debt to Equity ratio of CE (2.99) is worse than 85.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.99 | ||
| Debt/FCF | 12.55 | ||
| Altman-Z | 1.48 |
ROIC/WACC0.49
WACC7.4%
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.
With a Current ratio value of 1.63, CE is not doing good in the industry: 62.65% of the companies in the same industry are doing better.
A Quick Ratio of 1.04 indicates that CE should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.04, CE is not doing good in the industry: 62.65% of the companies in the same industry are doing better.
| 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.
Measured over the past years, CE shows a quite strong growth in Revenue. The Revenue has been growing by 10.30% on average per year.
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
CE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.78% yearly.
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-47.33%
EPS Next 2Y-17.48%
EPS Next 3Y-5.35%
EPS Next 5Y3.78%
Revenue Next Year-6.77%
Revenue Next 2Y-3.29%
Revenue Next 3Y-1.25%
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
The Price/Earnings ratio is 9.49, which indicates a very decent 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 90.36% of the companies listed in the same industry.
CE is valuated cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.01, which indicates a very decent valuation of CE.
Based on the Price/Forward Earnings ratio, CE is valued cheaper than 90.36% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CE to the average of the S&P500 Index (23.92), we can say CE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.49 | ||
| Fwd PE | 8.01 |
4.2 Price Multiples
CE's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, CE is valued cheaper than 95.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.87 | ||
| EV/EBITDA | 10.02 |
4.3 Compensation for Growth
CE's earnings are expected to decrease with -5.35% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-17.48%
EPS Next 3Y-5.35%
5. Dividend
5.1 Amount
With a yearly dividend of 0.27%, CE is not a good candidate for dividend investing.
CE's Dividend Yield is slightly below the industry average, which is at 2.34.
Compared to an average S&P500 Dividend Yield of 1.92, CE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
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.
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.
CE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-2.78%
EPS Next 2Y-17.48%
EPS Next 3Y-5.35%
45.57
+1.59 (+3.62%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners103.64%
Inst Owner Change0.42%
Ins Owners0.29%
Ins Owner Change1.4%
Market Cap4.99B
Revenue(TTM)9.71B
Net Income(TTM)-3.09B
Analysts73.85
Price Target53.83 (18.13%)
Short Float %7.46%
Short Ratio3.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
Yearly Dividend2.81
Dividend Growth(5Y)3.06%
DP-2.78%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
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)-0.47%
PT rev (3m)-3.28%
EPS NQ rev (1m)-1.47%
EPS NQ rev (3m)-14.88%
EPS NY rev (1m)-0.06%
EPS NY rev (3m)-2.08%
Revenue NQ rev (1m)-0.34%
Revenue NQ rev (3m)-4.53%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-1.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.49 | ||
| Fwd PE | 8.01 | ||
| P/S | 0.51 | ||
| P/FCF | 4.87 | ||
| P/OCF | 3.6 | ||
| P/B | 1.26 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.02 |
EPS(TTM)4.8
EY10.53%
EPS(NY)5.69
Fwd EY12.48%
FCF(TTM)9.35
FCFY20.52%
OCF(TTM)12.68
OCFY27.82%
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 | 1.48 |
F-Score4
WACC7.4%
ROIC/WACC0.49
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-47.33%
EPS Next 2Y-17.48%
EPS Next 3Y-5.35%
EPS Next 5Y3.78%
Revenue 1Y (TTM)-7.34%
Revenue growth 3Y6.39%
Revenue growth 5Y10.3%
Sales Q2Q%-8.65%
Revenue Next Year-6.77%
Revenue Next 2Y-3.29%
Revenue Next 3Y-1.25%
Revenue Next 5Y-0.25%
EBIT growth 1Y-23%
EBIT growth 3Y-18.82%
EBIT growth 5Y0.1%
EBIT Next Year22.66%
EBIT Next 3Y11.82%
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.
Can you provide the valuation status for CELANESE CORP?
ChartMill assigns a valuation rating of 6 / 10 to CELANESE CORP (CE). This can be considered as Fairly Valued.
Can you provide the profitability details for CELANESE CORP?
CELANESE CORP (CE) has a profitability rating of 3 / 10.
What is the earnings growth outlook for CELANESE CORP?
The Earnings per Share (EPS) of CELANESE CORP (CE) is expected to decline by -47.33% in the next year.
Is the dividend of CELANESE CORP sustainable?
The dividend rating of CELANESE CORP (CE) is 3 / 10 and the dividend payout ratio is -2.78%.