EMN has a market capitalization of $14,312,183,001 -- more than approximately 86% of US stocks.
The ratio of debt to operating expenses for Eastman Chemical Co is higher than it is for about 81.23% of US stocks.
Eastman Chemical Co's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 6.08%, greater than the shareholder yield of 76.98% of stocks in our set.
Stocks that are quantitatively similar to EMN, based on their financial statements, market capitalization, and price volatility, are FMC, OTEX, WAB, IFF, and CE.
EMN's SEC filings can be seen here. And to visit Eastman Chemical Co's official web site, go to www.eastman.com.
Eastman Chemical is a specialty chemicals company that produces chemicals, fibers, and plastics. The Company's operations include coatings, adhesives, specialty polymers, and Inks, fibers, performance chemicals and intermediates, performance polymers, and specialty plastics. The company was founded in 1920 and is based in Kingsport, Tennessee.
EMN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Eastman Chemical Co with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Eastman Chemical Co ranked in the 54th 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 Eastman Chemical Co ended up being:
Eastman Chemical Co's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 10.12% of tickers in our DCF set.
As a business, Eastman Chemical Co experienced a tax rate of about 4% over the past twelve months; relative to its sector (Basic Materials), this tax rate is higher than just 24.44% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
FMC, GCP, PVG, UNVR, and RGLD can be thought of as valuation peers to EMN, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.
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