$Celanese Corp (CE.US)$The adjust EBIT in 2024 is about 1.65 billion, using EV/EBIT ~ 12 and 11 billion of debt, the fair price should be around 80. The present price reflects 2025 EBIT of ~1.4 billion. They are cutting cost agressively to preserve the margin. If assume the same margin, 1.4 billion EBIT appears to suggest the demand/sale will drop by 15%. That’s pretty steep. They definitely need to reduce the debt level more quickly as the interest expense is 676 million in 2024; that’s a large...
$Celanese Corp (CE.US)$What’s the likelihood of this going back to partially fill the gap in the near future? Without news, no chance. But the company is actively working on various improvements, so it’s possible to at least re-visit the edge of the gap.
The market went from unmoving to climbing to fresh highs after Apple's new iPhone and FOMC meeting minutes sent equities on smooth sailing waters Wednesday afternoon. The grouchy Dow climbed out of its negative spunk, following the S&P 500's record. Just past 4 pm ET the$S&P 500 Index (.SPX.US)$traded +0.24%, the$Dow Jones Industrial Average (.DJI.US)$climbed 0.16%, and the$Nasdaq Composite Index (.IXIC.US)$climbed 0...
Happy Wednesday, investors. It's February 19th, and the market was pulling back after the S&P 500 sprinted to a record finish Tuesday, following more tariff threats on auto and pharma trade. All eyes are watching for two major events today that might push some stock turnaround: one is boring, and one could be exhilarating. Can you guess what sent the market to a fresh record this afternoon? Let's look at Live Stock N...
$Celanese Corp (CE.US)$If we assume conditions don’t deteriorate further, the company presently generates about 2 billion adjusted EBTDA annually, using EV/EBTDA ~ 8, we get EV ~ 16 billion. After subtracting net debt and adding inventories etc, the market cap should be around 6-7 billion. So the question is if the risk is balanced, and is it worth to wait for a recovery, which has no sign yet? Presently, the economy is supposably good, yet this company and its end markets look like in a recess...
$Celanese Corp (CE.US)$The option prices only ~11% movement for the earnings report? That seems low. The market probably has a lot of intelligence already. It’s very likely they will miss the Q1 sale forcast given the weakness in auto and industrial. They may also have further cost reduction and financial deleverage. The issue is the market reaction. There might be bottom fishing, but the shares are not attractive though with a very bad balance sheet and no sign of demand recovery.
Celanese Corp Stock Forum
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ traded +0.24%, the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.16%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0...
Let's look at Live Stock N...
Presently, the economy is supposably good, yet this company and its end markets look like in a recess...
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