Covestro AG (ADR)
General ticker "COVTY" information:
- Sector: Materials
- Industry: Chemicals - Specialty
- Capitalization: $12.4B (TTM average)
Covestro AG (ADR) follows the US Stock Market performance with the rate: 27.0%.
Estimated limits based on current volatility of 1.3%: low 35.33$, high 36.24$
Factors to consider:
- Current price 24.3% above estimated high
- 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: [17.26$, 30.55$]
- 2025-12-31 to 2026-12-31 estimated range: [16.18$, 28.79$]
Financial Metrics affecting the COVTY estimates:
- Negative: with PPE of -39.4 at the end of fiscal year the price was very high
- Positive: -5.04 < Operating profit margin, % of 0.19
- Positive: 6.66 < Operating cash flow per share per price, % of 8.12
- Positive: -3.56 < Return on assets ratio (scaled to [-100,100]) of -1.96
- Positive: Interest expense per share per price, % of 1.48 <= 3.31
- Positive: Industry inventory ratio change (median), % of -0.24 <= -0.18
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.