Covestro AG

OTCPK:CVVT.F Stock Report

Market Cap: US$12.7b

Covestro Valuation

Is CVVT.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CVVT.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$135.04
Fair Value
54.1% undervalued intrinsic discount
11
Number of Analysts

Below Fair Value: CVVT.F ($62.02) is trading below our estimate of fair value ($135.04)

Significantly Below Fair Value: CVVT.F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CVVT.F?

Key metric: As CVVT.F is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CVVT.F. This is calculated by dividing CVVT.F's market cap by their current revenue.
What is CVVT.F's PS Ratio?
PS Ratio0.8x
Sales€14.18b
Market Cap€11.14b

Price to Sales Ratio vs Peers

How does CVVT.F's PS Ratio compare to its peers?

The above table shows the PS ratio for CVVT.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.7x
RPM RPM International
1.8x3.0%US$13.6b
SQM Sociedad Química y Minera de Chile
2.3x11.7%US$10.2b
EMN Eastman Chemical
0.9x2.3%US$9.3b
IFF International Flavors & Fragrances
1.7x-0.3%US$19.6b
CVVT.F Covestro
0.8x4.0%US$11.1b

Price-To-Sales vs Peers: CVVT.F is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (1.7x).

Price to Sales Ratio vs Industry

How does CVVT.F's PS Ratio compare vs other companies in the US Chemicals Industry?

19 CompaniesPrice / SalesEstimated GrowthMarket Cap
KOP Koppers Holdings
0.2x2.8%US$515.16m
VHI Valhi
0.2xn/aUS$462.90m
RYAM Rayonier Advanced Materials
0.2x1.5%US$291.04m
MATV Mativ Holdings
0.1x1.5%US$285.13m
CVVT.F 0.8xIndustry Avg. 1.0xNo. of Companies19PS012345+
19 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: CVVT.F is good value based on its Price-To-Sales Ratio (0.8x) compared to the US Chemicals industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is CVVT.F's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CVVT.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.8x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CVVT.F's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CVVT.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$69.25
0%
0.5%US$69.35US$68.23n/a11
Apr ’26n/a
US$67.37
0%
0.5%US$67.47US$66.38n/a11
Mar ’26US$59.99
US$64.41
+7.4%
0.4%US$64.50US$63.46n/a12
Feb ’26n/a
US$64.21
0%
0.9%US$64.40US$62.32n/a11
Jan ’26n/a
US$64.60
0%
0.5%US$64.69US$63.65n/a11
Dec ’25n/a
US$64.45
0%
4.0%US$65.50US$56.00n/a13
Nov ’25n/a
US$65.39
0%
6.1%US$67.33US$54.30n/a14
Oct ’25US$63.65
US$63.89
+0.4%
7.4%US$68.63US$55.35n/a14
Sep ’25n/a
US$61.51
0%
7.6%US$66.90US$53.95n/a14
Aug ’25n/a
US$61.51
0%
7.6%US$66.90US$53.95n/a14
Jul ’25US$56.35
US$58.40
+3.6%
13.5%US$66.35US$40.67n/a14
Jun ’25n/a
US$56.78
0%
13.4%US$65.44US$40.76n/a14
May ’25US$47.85
US$56.90
+18.9%
13.3%US$65.22US$40.63n/a14
Apr ’25n/a
US$57.08
0%
13.4%US$65.52US$40.82n/a14
Mar ’25n/a
US$57.74
0%
13.3%US$66.10US$41.18US$59.9914
Feb ’25US$51.42
US$57.32
+11.5%
13.2%US$66.22US$41.25n/a15
Jan ’25n/a
US$58.61
0%
13.6%US$71.99US$41.45n/a15
Dec ’24n/a
US$58.61
0%
13.6%US$71.99US$41.45n/a15
Nov ’24n/a
US$56.99
0%
13.4%US$69.74US$40.15n/a15
Oct ’24n/a
US$57.21
0%
13.7%US$69.75US$40.16US$63.6515
Sep ’24US$54.45
US$56.87
+4.5%
14.5%US$71.70US$41.28n/a17
Aug ’24US$53.00
US$54.08
+2.0%
15.6%US$72.49US$41.74n/a17
Jul ’24US$52.79
US$52.62
-0.3%
15.5%US$71.97US$41.44US$56.3518
Jun ’24US$41.19
US$49.50
+20.2%
14.7%US$69.66US$36.44n/a19
May ’24US$44.39
US$49.96
+12.5%
15.5%US$71.63US$37.47US$47.8519
Apr ’24n/a
US$48.30
0%
17.4%US$69.80US$35.99n/a19
AnalystConsensusTarget
Consensus Narrative from 11 Analysts
US$65.08
Fair Value
4.7% undervalued intrinsic discount
11
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/26 19:21
End of Day Share Price 2025/04/09 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Covestro AG is covered by 33 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAlembic Global Advisors
Martin SchneeAlphaValue
James StewartBarclays