Covestro AG 1COV

Morningstar Rating
€58.56 +0.30 (0.51%)
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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.

Price vs Fair Value

1COV is trading at a 749% premium.
Price
€58.55
Fair Value
€87.36
Uncertainty
High
1-Star Price
€12.99
5-Star Price
€18.50
Economic Moat
Lpmfl
Capital Allocation
Bqrc

News

Trading Information

Previous Close Price
€58.26
Day Range
€58.3458.56
52-Week Range
€23.66
Bid/Ask
€0.00 / €0.00
Market Cap
€11.05 Bil
Volume/Avg
1,015 / 667,328

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.78
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

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 Growth
Total Number of Employees
17,509

Comparables

Valuation

Metric
1COV
LXS
ADE
Price/Earnings (Normalized)
143.00107.69
Price/Book Value
1.650.541.27
Price/Sales
0.780.3938.88
Price/Cash Flow
22.6111.12
Price/Earnings
1COV
LXS
ADE

Financial Strength

Metric
1COV
LXS
ADE
Quick Ratio
0.960.855.61
Current Ratio
1.711.785.95
Interest Coverage
0.69−11.8923.73
Quick Ratio
1COV
LXS
ADE

Profitability

Metric
1COV
LXS
ADE
Return on Assets (Normalized)
−2.54%0.17%−0.25%
Return on Equity (Normalized)
−5.27%0.34%−0.33%
Return on Invested Capital (Normalized)
−2.65%0.93%−0.41%
Return on Assets
1COV
LXS
ADE

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