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:
We started the process of determining a valid price forecast for Celanese Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Celanese Corp ranked in the 59th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Celanese Corp ended up being:
The company has produced more trailing twelve month cash flow than 82.82% of its sector Basic Materials.
Celanese Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 16.14% 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 only 16.14% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
KRO, CC, ESI, NUE, and JELD can be thought of as valuation peers to CE, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.
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