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1 Comment
Covestro AG is currently in a long term uptrend where the price is trading 4.1% above its 200 day moving average.
From a valuation standpoint, the stock is 99.6% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.0.
Covestro AG's total revenue sank by 12.7% to $3B since the same quarter in the previous year.
Its net income has increased by 21.8% to $179M since the same quarter in the previous year.
Finally, its free cash flow grew by 48.6% to $361M since the same quarter in the previous year.
Based on the above factors, Covestro AG gets an overall score of 4/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | DE0006062144 |
Sector | Basic Materials |
Industry | Specialty Chemicals |
Beta | 1.07 |
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Target Price | 61.9091 |
Market Cap | 11B |
PE Ratio | None |
Dividend Yield | None |
Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment comprises a range of polymer products, including polycarbonates, precursors for coatings and adhesives, MDI specialties and polyols, thermoplastic polyurethanes, specialty films, and elastomers that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for solar panel frames, precursors for coatings and adhesives, specialty films, laptop cases, floodlights, and electric vehicle batteries. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.
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