Added to YB: 2024-11-27
Pitch date: 2024-11-26
CE [bullish]
Celanese Corporation
-12.48%
current return
Author Info
Value Investing Blueprint shares value investing lessons, tools, and stock ideas. Sign up for the newsletter.
Company Info
Celanese Corporation produces and sells engineered polymers worldwide. It operates through Engineered Materials and Acetyl Chain segments.
Market Cap
$5.6B
Pitch Price
$72.89
Price Target
N/A
Dividend
0.23%
EV/EBITDA
9.76
P/E
-4.90
EV/Sales
1.85
Sector
Chemicals
Category
turnaround
Celanese Corp ($CE) | Chemical Giant Down 50% with Huge Potential?
CE: Specialty chemicals co. down 58% on debt & demand fears. $11B M&M acquisition adds $400M FCF by 2026. $6.3B debt due in 3yrs vs $800M cash. Cost cuts, $1B loan, 95% div cut help. FCF est: $800M 2025, $1B 2026, $1.2B 2027. Refinancing/divestitures needed. Quality biz, 12x FCF potential post-deleveraging.
Read full article (5 min)