Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. More Details
Solid track record established dividend payer.
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.
7 Day Return
1 Year Return
Return vs Industry: CE exceeded the US Chemicals industry which returned 66.6% over the past year.
Return vs Market: CE exceeded the US Market which returned 51.8% over the past year.
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
1 week ago | Simply Wall StHow Much Are Celanese Corporation (NYSE:CE) Insiders Taking Off The Table?
2 weeks ago | Simply Wall StHere's What We Like About Celanese's (NYSE:CE) Upcoming Dividend
3 weeks ago | Simply Wall StCelanese (NYSE:CE) Has Gifted Shareholders With A Fantastic 144% Total Return On Their Investment
Is Celanese undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CE ($168.63) is trading below our estimate of fair value ($183.48)
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 (9.4x) compared to the US Chemicals industry average (27.6x).
PE vs Market: CE is good value based on its PE Ratio (9.4x) compared to the US market (20.2x).
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 (5.4x) compared to the US Chemicals industry average (2.8x).
How is Celanese forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
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 (-4.3% per year).
Earnings vs Market: CE's earnings are forecast to decline over the next 3 years (-4.3% per year).
High Growth Earnings: CE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CE's revenue (3.9% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: CE's revenue (3.9% 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%)
How has Celanese performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CE has a large one-off gain of $1.4B impacting its March 31 2021 financial results.
Growing Profit Margin: CE's current net profit margins (35%) are higher than last year (12.3%).
Past Earnings Growth Analysis
Earnings Trend: CE's earnings have grown by 17.8% per year over the past 5 years.
Accelerating Growth: CE's earnings growth over the past year (181.2%) exceeds its 5-year average (17.8% per year).
Earnings vs Industry: CE earnings growth over the past year (181.2%) exceeded the Chemicals industry 3.3%.
Return on Equity
High ROE: CE's Return on Equity (53.8%) is considered outstanding.
How is Celanese's financial position?
Financial Position Analysis
Short Term Liabilities: CE's short term assets ($3.7B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: CE's short term assets ($3.7B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: CE's debt to equity ratio (89.2%) is considered high.
Reducing Debt: CE's debt to equity ratio has increased from 84% to 89.2% over the past 5 years.
Debt Coverage: CE's debt is well covered by operating cash flow (34.4%).
Interest Coverage: CE earns more interest than it pays, so coverage of interest payments is not a concern.
What is Celanese current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CE's dividend (1.61%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: CE's dividend (1.61%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: CE's dividends per share have been stable in the past 10 years.
Growing Dividend: CE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.1%), CE's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CE's dividends in 3 years are forecast to be well covered by earnings (15.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lori Ryerkerk (57 yo)
Ms. Lori J. Ryerkerk, BS, serves as an Independent Director at Eaton Corporation plc since April 22, 2020. She serves as President, Chief Executive Officer and Director of Celanese Corporation since May 1,...
CEO Compensation Analysis
Compensation vs Market: Lori's total compensation ($USD7.07M) is below average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Lori's compensation has been consistent with company performance over the past year.
Experienced Management: CE's management team is considered experienced (2.3 years average tenure).
Experienced Board: CE's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Celanese Corporation's company bio, employee growth, exchange listings and data sources
- Name: Celanese Corporation
- Ticker: CE
- Exchange: NYSE
- Founded: 1918
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$18.966b
- Shares outstanding: 112.63m
- Website: https://www.celanese.com
Number of Employees
- Celanese Corporation
- 222 West Las Colinas Boulevard
- Suite 900N
- United States
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||2021/05/07 22:34|
|End of Day Share Price||2021/05/07 00:00|
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.