Celanese Corporation, a chemical and specialty materials company, manufactures and sells engineered polymers worldwide. The Engineered Materials segment offers nylon and polypropylene compounds and formulations, high temperature nylon, polyoxymethylene, polyethylene and polybutylene terephthalates, ultra-high molecular weight polyethylene, long-chain polyamides, long-fiber reinforced thermoplastics, liquid crystal polymers, thermoplastic elastomers and vulcanizates, polyphenylene sulfide, ethylene vinyl acetate pharmaceutical grade copolymers, and ethylene acrylic elastomers for use in automotive, medical, industrial, energy storage, consumer electronics, appliance, construction, filtration equipment, telecommunication, beverage, electrical, and consumer apparel applications. Its Acetyl Chain segment produces and supplies acetyl products, including acetic acid, vinyl acetate monomers, vinyl acetate ethylene emulsions, conventional emulsions, ethylene vinyl acetate resins and compounds, low-density polyethylene resins, redispersible powders, acetic anhydride, ethyl acetates, formaldehydes, butyl acetates, acetate tows, and acetate flakes for use in paints, coatings, adhesives, textiles, paper finishing, flexible packaging, lamination products, pharmaceuticals, films, inks, plasticizers, solvents, automotive parts, external thermal insulation composite systems, tiling, plasters and renders, lubricants, filtration, food and beverage, consumer goods, and food packaging applications. The company offers its products under the Celanyl, FRIANYL, ECOMID, Zytel, Celcon, Hostaform, Celanex, Crastin, Thermx, Rynite, GUR, Celstran, Factor, Vectra, Zenite, Forprene, Sofprene, Laprene, Hytrel, Santoprene, Dytron, Geolast, Vamac, Polifor, Tecnoprene, and VitalDose brands. It sells its products directly to customers and through distributors; and serves original equipment manufacturers and suppliers. Celanese Corporation was founded in 1912 and is headquartered in Irving, Texas.
Strategic Shift | Analysts set price targets ranging from $46 to $77, as new CEO Scott Richardson prepares to tackle debt issues and implement strategic initiatives for improved performance |
Market Dynamics | Delve into Celanese's navigation of industry overcapacity and weak demand in construction and automotive sectors, while positioning for potential market recoveries |
Cost-Cutting Crusade | Explore Celanese's aggressive cost reduction program, aiming to exceed its $120 million savings target for 2025, with significant contributions from SG&A and Engineered Materials |
Financial Headwinds | Celanese faces challenges with weak demand and high leverage, yet analysts project gradual improvement and substantial EPS growth potential in coming years |
Metrics to compare | CE | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipCEPeersSector | |
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P/E Ratio | −3.6x | 27.8x | 1.7x | |
PEG Ratio | 0.02 | −0.48 | 0.00 | |
Price / Book | 1.1x | 1.3x | 1.6x | |
Price / LTM Sales | 0.6x | 0.8x | 1.2x | |
Upside (Analyst Target) | 0.7% | 17.6% | 25.5% | |
Fair Value Upside | Unlock | 16.4% | 4.5% | Unlock |