Celanese Corporation Celanese Corporation (CE) Company Bio
Celanese Corporation manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide. The company was founded in 1918 and is based in Irving, Texas.
CE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CE, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Celanese Corp ranked in the 58th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 65% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for CE, they are:
As a business, CE is generating more cash flow than 83.22% of positive cash flow stocks in the Basic Materials.
Celanese Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 15.81% of tickers in our DCF set.
CE's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 15.81% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CE, try CSL, KOP, ZEUS, EMN, and SCL.
The global chemicals sector still has room to run near term, with a V-shaped economic recovery “well established,” according to Evercore ISI, which initiated coverage on the sector and 12 stocks.Even with the group up about 65% from March 20 lows, a more inflationary backdrop combined with negative real rates...
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that Lori Ryerkerk, chairman, chief executive officer and president and Scott Richardson, executive vice president and chief financial officer, will participate in the virtual J.P. Morgan Annual U.S. All Stars Conference on Thursday, September 17, 2020, at 10:00 a.m. Eastern time. A webcast of the fireside discussion and replay of the webcast will be available at investor