Eastman Chemical Stock Fair Value – Eastman Chemical: From Photography Giant to Chemical Industry Leader
March 6, 2023
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Eastman Chemical Stock Fair Value – Eastman Chemical ($NYSE:EMN) had its beginnings as a spinoff from the well-known photography giant, Eastman Kodak. In addition to its impressive product portfolio, Eastman Chemical is also renowned for its technological achievements. For instance, it has developed innovative processes that enable the conversion of renewable raw materials into chemicals or products with hydrogen or nitrogen content. Recently, the company announced that it had partnered with Microsoft to develop a cloud-based information system to help customers manage their operations more efficiently. This information system will be used to track product shipments and manage inventory. Moreover, Eastman Chemical has committed itself to sustainability.
It is focused on making products safer for humans and the environment, as well as reduced energy and water use. The company’s sustainability initiatives include improved recycling practices, reduced manufacturing waste, and improved resource management. It is also involved in research and development activities aimed at innovating sustainable solutions for various industries. It has become an industry leader in the chemical industry that is setting the benchmark for standards in safety, sustainability, and innovation. This is a testament to the success of Eastman Chemical’s progressive approach to business.
Stock Price
Tuesday saw a minor uptick in EASTMAN CHEMICAL stock, which opened at $84.7 and closed at $85.2, a modest 0.4% increase from the previous closing price of $84.8. This minor change points to the generally positive sentiment which has surrounded the company since its transition from a photography giant to a chemical industry leader. Since making the switch, Eastman Chemical have continued to develop innovative products and services which have helped to place them in a leading position among their competitors.
These achievements have allowed Eastman Chemical to become a major player in the chemicals market, highlighted by the positive news sentiment surrounding them. This week’s minor increase in their stock price is just another example of how the company continues to go from strength to strength. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Eastman Chemical. More…
| Total Revenues | Net Income | Net Margin |
| 10.58k | 793 | 8.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Eastman Chemical. More…
| Operations | Investing | Financing |
| 975 | 392 | -1.32k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Eastman Chemical. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14.98k | 9.52k | 45.32 |
Key Ratios Snapshot
Some of the financial key ratios for Eastman Chemical are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.5% | -4.3% | 11.0% |
| FCF Margin | ROE | ROA |
| 3.3% | 13.5% | 4.8% |
Analysis – Eastman Chemical Stock Fair Value
GoodWhale has recently analyzed the financials of EASTMAN CHEMICAL and determined that its intrinsic value is around $101.5. This figure was calculated using our proprietary Valuation Line, based on a careful examination of the company’s financial figures and its projected performance into the future. Currently, the share price of EASTMAN CHEMICAL is $85.2, meaning that the stock is undervalued by 16.1%. This presents an opportunity for investors to purchase the stock at a discount from its fair value and potentially benefit from a rise in its share price in the future. More…
Peers
Eastman Chemical Co is one of the world’s leading producers of chemicals and related products, with manufacturing facilities in over 30 countries. Its main competitors are Indo Amines Ltd, Deepak Nitrite Ltd, and TECIL Chemicals & Hydro Power Ltd.
– Indo Amines Ltd ($BSE:524648)
Indo Amines Ltd is a publicly traded company with a market capitalization of 8.96 billion as of 2022. The company has a return on equity of 16.75%. Indo Amines Ltd is engaged in the business of manufacturing and selling amino acids and their derivatives. The company’s products are used in a variety of industries, including pharmaceuticals, animal feed, food and beverages, and agriculture.
– Deepak Nitrite Ltd ($BSE:506401)
Deepak Nitrite Ltd is an Indian company that manufactures and sells chemicals. The company has a market cap of 305.73B as of 2022 and a Return on Equity of 25.76%. Deepak Nitrite Ltd is a publicly traded company listed on the Bombay Stock Exchange. The company has a diversified product portfolio and manufactures a wide range of chemicals including inorganic and organic chemicals, pigments, and dyes.
Summary
Eastman Chemical is an American company specialized in manufacturing and distributing chemicals, plastics, and fibers. Although Eastman Chemical is not without some risks, overall it offers investors a solid and stable portfolio choice with a solid track record of returns and dividends.
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