Ratings Covestro AG

Equities

1COV

DE0006062144

Market Closed - Xetra Other stock markets 11:35:11 2023-11-29 am EST			After market 01:52:00 pm
48.60 ^EUR	-0.61%		48.66	+0.11%

Nov. 28	COVESTRO : JP Morgan reiterates its Neutral rating	ZD
Nov. 24	Dpa-AFX Overview: COMPANIES from 24.11.2023 - 15:15	DP

Summary

On the basis of various fundamental qualitative criteria, the company appears to be particularly poorly ranked from a medium and long-term investment perspective.
From a short-term investment perspective, the company presents a deteriorated fundamental situation
According to Refinitiv, the company's ESG score for its industry is good.

Strengths

The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
The company does not generate enough profits, which is an alarming weak point.
The company is highly valued given the cash flows generated by its activity.
The company is not the most generous with respect to shareholders' compensation.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The group usually releases earnings worse than estimated.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector : Commodity Chemicals

	1st Jan change	Capi. (M$)	ESG Refinitiv
COVESTRO AG	+33.79%	10 141 M $	A-
LG CHEM, LTD.	-16.00%	29 473 M $	B-
FORMOSA PLASTICS CORPORATION	-5.53%	16 645 M $	B-
FORMOSA CHEMICALS & FIBRE CORPORATION	-8.51%	12 030 M $	B+
YUNNAN ENERGY NEW MATERIAL CO., LTD.	-53.97%	8 255 M $	C
HANGZHOU FIRST APPLIED MATERIAL CO., LTD.	-49.53%	6 240 M $	C+
THE SUPREME INDUSTRIES LIMITED	+68.98%	6 284 M $	C+
LOTTE CHEMICAL CORPORATION	-10.98%	5 242 M $	B+
ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.	+5.16%	3 964 M $	A
KINGFA SCI. & TECH. CO., LTD.	-20.23%	2 890 M $	C-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes