Celanese Corp. Stock Slips 0.37%, Underperforming Competitors on Gloomy Trading Day
August 10, 2023
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Celanese ($NYSE:CE) Corp. stock was unable to hold its own against its competitors on Friday, as shares slid 0.37% to $123.95. This was in line with the general trend of the S&P 500, which finished the day down significantly. The company manufactures products for a wide range of industries including automotive, consumer products, industrial machining, plastics production, and more. Celanese Corp.’s business model focuses on providing materials for a range of solutions while maintaining their commitment to sustainability and responsible innovation.
Celanese Corp. has achieved impressive progress towards their sustainability goals of reducing energy consumption and emissions, investing in renewable energy, and reducing their water consumption. The stock market’s overall poor performance on Friday caused Celanese Corp. to underperform compared to its competitors. Despite this, the company’s commitment to sustainability and innovation provide a strong foundation for long-term growth and stability in the years to come.
Analysis
GoodWhale is here to help investors analyze the fundamentals of CELANESE CORPORATION. Our Risk Rating gives CELANESE CORPORATION a high risk score, which means that investing in CELANESE CORPORATION is a risky proposition. To help investors understand the risks further, GoodWhale has detected two risk warnings in the firm’s cashflow statement and financial journal. To get access to these insights and more, sign up for GoodWhale.com now and see how we can help you make informed investment decisions. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Celanese Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 10.3k | 1.27k | 11.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Celanese Corporation. More…
| Operations | Investing | Financing |
| 1.67k | -11.2k | 10.03k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Celanese Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 25.65k | 19.56k | 51.67 |
Key Ratios Snapshot
Some of the financial key ratios for Celanese Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.0% | 9.2% | 12.4% |
| FCF Margin | ROE | ROA |
| 10.5% | 14.1% | 3.1% |
Peers
Celanese’s product portfolio includes acetyl intermediates, plastics, films, and synthetic fibers. The company operates in two segments: Advanced Engineered Materials and Industrial Specialties. Celanese’s competitors include Dow Inc, DuPont de Nemours Inc, and Showa Denko KK.
– Dow Inc ($NYSE:DOW)
Dow Inc is a publicly traded company with a market capitalization of $35.24 billion as of 2022. The company’s return on equity is 26.96%. Dow Inc is a diversified chemical company that produces and sells chemicals, plastics, and agricultural products. The company operates in more than 80 countries and employs approximately 36,000 people.
– DuPont de Nemours Inc ($NYSE:DD)
DuPont de Nemours Inc is a large chemical company with a market cap of 34.47B as of 2022. The company has a ROE of 6.8%. DuPont is a science company that delivers science-based solutions to make people’s lives better, healthier and safer.
– Showa Denko KK ($TSE:4004)
Show Denko KK is a Japanese company that manufactures and sells chemicals and materials. The company has a market capitalization of 406.88 billion as of 2022 and a return on equity of 7.29%. Showa Denko is a diversified company with businesses ranging from petrochemicals to electronics. The company is one of the largest producers of aluminum oxide in the world and also produces and sells a variety of other chemicals and materials.
Summary
Celanese Corporation, a global chemical and specialty materials company, saw its stock underperform on Friday compared to competitors. The stock dropped 0.37% to $123.95, while the S&P 500 fell overall. This suggests that investors may be cautious about investing in Celanese Corporation stock at the moment. Analysts recommend investors to pay attention to the company’s fundamentals, such as cash flow, debt levels, earnings, and economic conditions, in order to better assess the company as a potential investment. It is also important to consider other factors such as competitive dynamics, macroeconomic trends, and industry outlook.
In addition, investors should watch for updates on any litigation or government regulations that could affect the company’s performance.
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