Covestro AG 1COV
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
Trading Information
- Previous Close Price
- €50.44
- Day Range
- €49.78–50.46
- 52-Week Range
- €23.66–—
- Bid/Ask
- €0.00 / €0.00
- Market Cap
- €9.40 Bil
- Volume/Avg
- 12,819 / 564,198
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.66
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 0.52%
Company Profile
Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for Covestro’s products is driven primarily by cyclical end markets, such as automotive, construction, and furniture.
- Sector
- Basic Materials
- Industry
- Specialty Chemicals
- Stock Style Box
- Mid Value
- Total Number of Employees
- 17,520
- Website
- https://www.covestro.com/en
Comparables
Valuation
|
Metric
|
1COV
|
LXS
|
POLP
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 66.67 | 15.10 |
Price/Book Value | 1.44 | 0.42 | 1.89 |
Price/Sales | 0.66 | 0.32 | 1.19 |
Price/Cash Flow | 19.29 | 7.29 | 11.70 |
Price/Earnings
1COV
LXS
POLP
Financial Strength
|
Metric
|
1COV
|
LXS
|
POLP
|
|---|---|---|---|
Quick Ratio | 1.04 | 1.17 | 1.01 |
Current Ratio | 1.79 | 2.67 | 2.10 |
Interest Coverage | 1.02 | −2.36 | 6.69 |
Quick Ratio
1COV
LXS
POLP
Profitability
|
Metric
|
1COV
|
LXS
|
POLP
|
|---|---|---|---|
Return on Assets (Normalized) | −1.59% | 0.68% | 7.45% |
Return on Equity (Normalized) | −3.29% | 1.57% | 13.72% |
Return on Invested Capital (Normalized) | −1.35% | 1.72% | 10.05% |
Return on Assets
1COV
LXS
POLP
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