1.73%
4.28%
-42.71%
-48.87%
-50.67%
-53.65%
-30.27%

Company Description

Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally.The company operates through three segments: Engineered Materials, Acetate Tow, 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.


It also offers acesulfame potassium, a sweetener for use in various beverages, confections, and dairy products; and food protection ingredients, such as potassium sorbate and sorbic acid for use in foods, beverages, and personal care products.The Acetate Tow segment provides acetate tows and flakes for use in filter products applications.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 manufactures ultra-high molecular weight polyethylene.Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas.

Market Data

Last Price 72.17
Change Percentage 1.73%
Open 70.97
Previous Close 70.94
Market Cap ( Millions) 7889
Volume 2169146
Year High 172.16
Year Low 64.05
M A 50 70.63
M A 200 119.84

Financial Ratios

FCF Yield 10.70%
Dividend Yield 3.88%
ROE 15.24%
Debt / Equity 182.24%
Net Debt / EBIDTA 584.18%
Price To Book 1.08
Price Earnings Ratio 7.24
Price To FCF 9.35
Price To sales 0.75
EV / EBITDA 9.55

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Engineered Materials

Expected Growth : 3.5 %

What the company do ?

Engineered Materials from Celanese Corporation are high-performance, specialty materials used in various industries, including automotive, aerospace, and industrial applications.

Why we expect these perspectives ?

Celanese Corporation's Engineered Materials segment growth of 3.5% is driven by increasing demand for lightweight and sustainable materials in the automotive and aerospace industries, as well as growth in the use of advanced composites in industrial and consumer applications.

Segment nΒ°2 -> Acetyl Chain

Expected Growth : 3.8 %

What the company do ?

The Acetyl Chain from Celanese Corporation refers to a series of intermediate chemicals derived from acetylene, used in the production of various downstream products.

Why we expect these perspectives ?

The 3.8% growth of Acetyl Chain from Celanese Corporation is driven by increasing demand for paints and coatings, adhesives, and pharmaceuticals. Additionally, the growing need for sustainable and eco-friendly products, coupled with Celanese's strategic expansion into emerging markets, contributes to the segment's growth.

Segment nΒ°3 -> Eliminations

Expected Growth : 0.0 %

What the company do ?

Eliminations from Celanese Corporation refer to the removal of intercompany transactions and balances between subsidiaries to present a consolidated financial statement.

Why we expect these perspectives ?

Celanese Corporation's eliminations segment shows 0.0% growth, driven by stagnant sales and flat operating margins. This is attributed to the absence of significant acquisitions or divestitures, stable market conditions, and a lack of notable changes in the company's business operations or product offerings.

Celanese Corporation Products

Product Range What is it ?
Acetyl Intermediates Celanese's Acetyl Intermediates are used as building blocks for the production of various chemicals, including pharmaceuticals, agrochemicals, and other specialty chemicals.
Engineered Materials Celanese's Engineered Materials are high-performance polymers used in various applications, including automotive, industrial, and consumer goods.
Acetate Tow Celanese's Acetate Tow is used in the production of cigarette filters, as well as in other applications such as air and oil filters.
Food Ingredients Celanese's Food Ingredients are used as texture modifiers, stabilizers, and emulsifiers in food products, such as baked goods, beverages, and dairy products.
Aromatics Celanese's Aromatics are used as solvents, intermediates, and fuel components in various industries, including pharmaceuticals, agrochemicals, and fuels.
Industrial Specialties Celanese's Industrial Specialties are used in various industrial applications, including adhesives, coatings, and construction materials.

Celanese Corporation's Porter Forces

Celanese Corporation operates in the chemical industry, where substitutes are available, but they are not easily accessible to customers. The company's products are specialized, and customers may not be able to find identical substitutes.

Celanese Corporation has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often customized, making it difficult for customers to switch to alternative suppliers.

Celanese Corporation relies on a few large suppliers for raw materials, which gives them some bargaining power. However, the company's size and scale of operations also give it some negotiating power.

The chemical industry has high barriers to entry, including significant capital requirements and regulatory hurdles. This makes it difficult for new entrants to enter the market and compete with established players like Celanese Corporation.

The chemical industry is highly competitive, with many established players competing for market share. Celanese Corporation faces intense competition from companies like BASF, Dow, and LyondellBasell, which can lead to pricing pressure and reduced margins.

Capital Structure

Value
Debt Weight 66.01%
Debt Cost 3.95%
Equity Weight 33.99%
Equity Cost 10.76%
WACC 6.26%
Leverage 194.23%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
STLD Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and …
HUN Huntsman Corporation manufactures and sells differentiated organic chemical products worldwide. The company operates through four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment offers polyurethane chemicals, …
TROX Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company …
WLKP Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also …
BCC Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. It operates through two segments, Wood Products and Building Materials Distribution. The Wood Products …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
72.17$
Current Price
72.17$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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