Covestro AG (ADR)

General ticker "COVTY" information:

  • Sector: Materials
  • Industry: Chemicals - Specialty
  • Capitalization: $12.4B (TTM average)

Covestro AG (ADR) follows the US Stock Market performance with the rate: 24.5%.

Estimated limits based on current volatility of 0.9%: low 34.36$, high 34.98$

Factors to consider:

  • Earnings for 9 months up through Q3 are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

  • 2024-12-31 to 2025-12-31 estimated range: [17.87$, 31.69$]
  • 2025-12-31 to 2026-12-31 estimated range: [16.53$, 29.62$]

Financial Metrics affecting the COVTY estimates:

  • Negative: with PPE of -39.4 at the end of fiscal year the price was very high
  • Positive: -3.60 < Operating profit margin, % of 0.19
  • Positive: 6.82 < Operating cash flow per share per price, % of 8.12
  • Positive: -2.95 < Return on assets ratio (scaled to [-100,100]) of -1.96
  • Positive: Interest expense per share per price, % of 1.48 <= 3.41
  • Positive: 2.97 < Industry operating profit margin (median), % of 6.49
  • Negative: Industry earnings per price (median), % of 2.23 <= 4.43

Similar symbols

Short-term COVTY quotes

Long-term COVTY plot with estimates

Financial data

YTD 2022-12-31 2023-12-31 2024-12-31
Operating Revenue €17,968.00MM €14,377.00MM €14,179.00MM
Operating Expenses €17,662.00MM €14,221.00MM €14,152.00MM
Operating Income €306.00MM €156.00MM €27.00MM
Non-Operating Income €-176.00MM €-83.00MM €-54.00MM
Interest Expense €166.00MM €169.00MM €159.00MM
R&D Expense €361.00MM €374.00MM €392.00MM
Income(Loss) €130.00MM €73.00MM €-27.00MM
Taxes €411.00MM €275.00MM €245.00MM
Profit(Loss)* €-281.00MM €-198.00MM €-266.00MM
Stockholders Equity €7,086.00MM €6,590.00MM €6,658.00MM
Inventory €2,812.00MM €2,455.00MM €2,847.00MM
Assets €14,585.00MM €13,637.00MM €13,631.00MM
Operating Cash Flow €970.00MM €997.00MM €870.00MM
Capital expenditure €832.00MM €765.00MM €781.00MM
Investing Cash Flow €-477.00MM €-925.00MM €-423.00MM
Financing Cash Flow €64.00MM €-639.00MM €-565.00MM
Earnings Per Share** €-0.74 €-0.52 €-0.70
Ordinary share to ADR 1.00x 1.00x 1.00x

* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.