Celanese
Market Cap
US$15.9b
Last Updated
2021/02/27 23:09 UTC
Data Sources
Company Financials +
Executive Summary
Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 25.2% per year for the next 3 years
Snowflake Analysis
Solid track record established dividend payer.
Similar Companies
Share Price & News
How has Celanese's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CE's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.7%
CE
-1.8%
US Chemicals
-4.6%
US Market
1 Year Return
48.2%
CE
36.4%
US Chemicals
38.5%
US Market
Return vs Industry: CE exceeded the US Chemicals industry which returned 36.4% over the past year.
Return vs Market: CE exceeded the US Market which returned 38.5% over the past year.
Shareholder returns
| CE | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | -1.8% | -4.6% |
| 30 Day | 14.2% | 2.4% | 0.6% |
| 90 Day | 3.9% | 3.0% | 1.9% |
| 1 Year | 52.0%48.2% | 39.4%36.4% | 41.5%38.5% |
| 3 Year | 42.1%32.8% | 32.3%12.0% | 56.7%46.7% |
| 5 Year | 143.1%118.6% | 93.2%54.5% | 123.5%98.6% |
Long-Term Price Volatility Vs. Market
How volatile is Celanese's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Should You Rely On Celanese's (NYSE:CE) Earnings Growth?2 weeks ago | Simply Wall St
Declining Stock and Solid Fundamentals: Is The Market Wrong About Celanese Corporation (NYSE:CE)?4 weeks ago | Simply Wall St
Results: Celanese Corporation Beat Earnings Expectations And Analysts Now Have New ForecastsValuation
Is Celanese undervalued compared to its fair value and its price relative to the market?
0.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CE ($138.91) is trading below our estimate of fair value ($139.64)
Significantly Below Fair Value: CE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CE is good value based on its PE Ratio (8.2x) compared to the US Chemicals industry average (26.7x).
PE vs Market: CE is good value based on its PE Ratio (8.2x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: CE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CE is overvalued based on its PB Ratio (4.5x) compared to the US Chemicals industry average (2.5x).
Next Steps
Future Growth
How is Celanese forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
-25.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CE's earnings are forecast to decline over the next 3 years (-25.2% per year).
Earnings vs Market: CE's earnings are forecast to decline over the next 3 years (-25.2% per year).
High Growth Earnings: CE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CE's revenue (6.6% per year) is forecast to grow slower than the US market (10.4% per year).
High Growth Revenue: CE's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CE's Return on Equity is forecast to be high in 3 years time (29.8%)
Next Steps
Past Performance
How has Celanese performed over the past 5 years?
16.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CE has a large one-off gain of $1.4B impacting its December 31 2020 financial results.
Growing Profit Margin: CE's current net profit margins (35.3%) are higher than last year (13.6%).
Past Earnings Growth Analysis
Earnings Trend: CE's earnings have grown by 16% per year over the past 5 years.
Accelerating Growth: CE's earnings growth over the past year (133.1%) exceeds its 5-year average (16% per year).
Earnings vs Industry: CE earnings growth over the past year (133.1%) exceeded the Chemicals industry -2.8%.
Return on Equity
High ROE: CE's Return on Equity (51.5%) is considered outstanding.
Next Steps
Financial Health
How is Celanese's financial position?
Financial Position Analysis
Short Term Liabilities: CE's short term assets ($3.8B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: CE's short term assets ($3.8B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: CE's debt to equity ratio (92.5%) is considered high.
Reducing Debt: CE's debt to equity ratio has reduced from 104.9% to 92.5% over the past 5 years.
Debt Coverage: CE's debt is well covered by operating cash flow (37.3%).
Interest Coverage: CE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Celanese current dividend yield, its reliability and sustainability?
1.96%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CE's dividend (1.96%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: CE's dividend (1.96%) is low compared to the top 25% of dividend payers in the US market (3.76%).
Stability and Growth of Payments
Stable Dividend: CE's dividends per share have been stable in the past 10 years.
Growing Dividend: CE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.6%), CE's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CE's dividends in 3 years are forecast to be well covered by earnings (25.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Lori Ryerkerk (57 yo)
1.75yrs
Tenure
US$6,027,803
Compensation
Ms. Lori J. Ryerkerk, BS, serves as an Independent Director at Eaton Corporation plc since April 22, 2020. She serves as President, Chief Executive Officer and Director of Celanese Corporation since May 1,...
CEO Compensation Analysis
Compensation vs Market: Lori's total compensation ($USD6.03M) is below average for companies of similar size in the US market ($USD10.54M).
Compensation vs Earnings: Insufficient data to compare Lori's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 1.75yrs | US$6.03m | 0.039% $ 6.2m | |
| Executive VP & CFO | 3yrs | US$2.38m | 0.030% $ 4.8m | |
| Senior VP & General Counsel | 2yrs | US$3.86m | 0.0083% $ 1.3m | |
| Senior VP & Chief Human Resources Officer | 3.58yrs | US$1.46m | 0.015% $ 2.4m | |
| Chief Accounting Officer | 2.83yrs | no data | 0.0053% $ 840.6k | |
| VP and Chief Technology & Innovation Officer | 4.58yrs | no data | no data | |
| Senior Vice President of Acetyls | 0.75yr | no data | 0.012% $ 1.9m | |
| Chief Financial Officer for European Headquarters | 2.83yrs | US$3.67m | no data | |
| Senior Vice President of Engineered Materials | 2.08yrs | no data | 0.014% $ 2.2m | |
| VP, Deputy General Counsel & Corporate Secretary | 11.25yrs | no data | no data | |
| Treasurer & VP of Investor Relations | no data | no data | no data | |
| Vice President of Manufacturing | no data | no data | no data |
2.8yrs
Average Tenure
51yo
Average Age
Experienced Management: CE's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 1.75yrs | US$6.03m | 0.039% $ 6.2m | |
| Independent Director | 7yrs | US$269.96k | 0.0047% $ 747.0k | |
| Independent Director | 14.5yrs | US$274.96k | 0.013% $ 2.1m | |
| Lead Independent Director | 4yrs | US$279.96k | 0.0071% $ 1.1m | |
| Independent Director | 9yrs | US$269.96k | 0.0050% $ 786.6k | |
| Independent Director | 5.08yrs | US$254.96k | 0.000090% $ 14.3k | |
| Independent Director | 5.58yrs | US$274.96k | 0.0067% $ 1.1m | |
| Independent Director | 2.33yrs | US$254.96k | 0.000050% $ 7.9k | |
| Independent Director | 15.08yrs | US$254.96k | 0.039% $ 6.2m | |
| Independent Director | 0.33yr | no data | 0.000090% $ 14.3k |
5.3yrs
Average Tenure
64yo
Average Age
Experienced Board: CE's board of directors are considered experienced (5.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Celanese Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Celanese Corporation
- Ticker: CE
- Exchange: NYSE
- Founded: 1918
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$15.860b
- Shares outstanding: 114.17m
- Website: https://www.celanese.com
Number of Employees
Location
- Celanese Corporation
- 222 West Las Colinas Boulevard
- Suite 900N
- Irving
- Texas
- 75039-5421
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CE | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 2005 |
| DG3 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 2005 |
| 0HUR | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 2005 |
| C1NS34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 2 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
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 Engine...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/27 23:09 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.