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.
Debt Dilemma | Celanese grapples with high leverage post-acquisition, impacting financial flexibility and growth prospects. Deleveraging efforts include dividend cuts and potential asset sales. |
Leadership Shift | New CEO Scott Richardson brings financial expertise to navigate challenges. Strategic initiatives focus on operational efficiency and debt reduction to improve performance. |
Market Headwinds | Explore Celanese's struggle with weak demand in automotive and industrial sectors, overcapacity issues, and economic uncertainties affecting key markets globally. |
Analyst Outlook | Price targets range from $46 to $122, reflecting diverse views on Celanese's recovery potential. Average target suggests possible upside despite near-term challenges. |
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 | −4.4x | 18.1x | 0.0x | |
PEG Ratio | 0.02 | 0.10 | 0.00 | |
Price/Book | 1.3x | 1.5x | 1.6x | |
Price / LTM Sales | 0.6x | 0.8x | 1.2x | |
Upside (Analyst Target) | −0.7% | 34.3% | 27.4% | |
Fair Value Upside | Unlock | 17.8% | 4.0% | Unlock |