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Celanese Corp Stock Research

CE

127.99USD-0.31(-0.24%)Market Closed
Watchlist

Market Summary

USD127.99-0.31
Market Closed
-0.24%

CE Stock Price

CE RSI Chart

CE Valuation

Market Cap

13.9B

Price/Earnings (Trailing)

10.98

Price/Sales (Trailing)

1.25

EV/EBITDA

6.69

Price/Free Cashflow

12.86

CE Price/Sales (Trailing)

CE Profitability

EBT Margin

14.70%

Return on Equity

26.2%

Return on Assets

5.68%

Free Cashflow Yield

7.77%

CE Fundamentals

CE Revenue

Revenue Y/Y

12.43%

Revenue Q/Q

-2.03%

CE Earnings

Earnings (TTM)

1.3B

Earnings Y/Y

-49.31%

Earnings Q/Q

141.76%

Price Action

52 Week Range

85.57131.05
(Low)(High)

Last 7 days

3.1%

Last 30 days

8.5%

Last 90 days

19.5%

Trailing 12 Months

30.5%

CE Financial Health

Current Ratio

1.67

Debt/Equity

2.36

Debt/Cashflow

0.11

CE Investor Care

Shares Dilution (1Y)

0.42%

Diluted EPS (TTM)

11.61

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for CE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-07-13
Murray Mark Christopher
sold (taxes)
-57,401
122
-470
svp - acetyls
2023-05-19
Kelly Thomas Francis
bought
214,580
107
2,000
svp, em
2023-05-12
Hill Kathryn
acquired
174,963
98.46
1,777
-
2023-05-12
Kissire Deborah J.
acquired
174,963
98.46
1,777
-
2023-05-12
GALANTE EDWARD G
acquired
174,963
98.46
1,777
-
2023-05-12
IHLENFELD JAY V
acquired
174,963
98.46
1,777
-
2023-05-12
Murray Mark Christopher
bought
102,503
101
1,008
svp - acetyls
2023-05-12
Koenig Michael
acquired
174,963
98.46
1,777
-
2023-05-12
Hoffmeister David F
acquired
174,963
98.46
1,777
-
2023-05-12
Rucker Kim K.W.
acquired
174,963
98.46
1,777
-

1–10 of 50

Which funds bought or sold CE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
1.99
3,236
41,456
0.01%
2023-09-07
ST GERMAIN D J CO INC
new
-
41,688
41,688
-%
2023-08-28
DT Investment Partners, LLC
unchanged
-
1,659
10,030
-%
2023-08-24
Alberta Investment Management Corp
new
-
602,160
602,160
0.01%
2023-08-23
Rehmann Capital Advisory Group
reduced
-22.55
-151,695
708,897
0.06%
2023-08-23
Stonebridge Capital Advisors LLC
sold off
-100
-2,940
-
-%
2023-08-22
Asset Dedication, LLC
unchanged
-
-
9,000
-%
2023-08-22
COMERICA BANK
sold off
-
-
-
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-60.26
-1,928,970
1,413,540
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
21.98
1,641,000
7,166,000
0.07%

1–10 of 48

Latest Funds Activity

Are funds buying CE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CE
No. of Funds

Schedule 13G FIlings of Celanese

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Sep 08, 2023
capital research global investors
13.0%
14,194,086
SC 13G
Feb 14, 2023
dodge & cox
6.6%
7,109,524
SC 13G/A
Feb 14, 2023
berkshire hathaway inc
9.0%
9,710,183
SC 13G
Feb 09, 2023
vanguard group inc
12.30%
13,332,489
SC 13G/A
Feb 06, 2023
wellington management group llp
6.42%
6,961,945
SC 13G/A
Jan 31, 2023
blackrock inc.
7.0%
7,642,363
SC 13G
Feb 14, 2022
dodge & cox
6.6%
7,154,913
SC 13G/A
Feb 11, 2022
capital international investors
3.5%
3,842,948
SC 13G/A
Feb 09, 2022
vanguard group inc
12.33%
13,418,615
SC 13G/A
Feb 07, 2022
blackrock inc.
7.0%
7,642,373
SC 13G/A

Recent SEC filings of Celanese

View All Filings
Date Filed Form Type Document
Sep 08, 2023
SC 13G
Major Ownership Report
Aug 24, 2023
8-K
Current Report
Aug 15, 2023
4
Insider Trading
Aug 15, 2023
4
Insider Trading
Aug 15, 2023
4
Insider Trading
Aug 15, 2023
4
Insider Trading
Aug 15, 2023
4
Insider Trading
Aug 15, 2023
4
Insider Trading
Aug 15, 2023
4
Insider Trading
Aug 14, 2023
424B2
Prospectus Filed

Peers (Alternatives to Celanese)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
34.0B
12.5B
-1.07% 37.74%
7.2
2.71
-3.90% 152.35%
20.5B
9.7B
-7.25% -39.15%
5.22
2.12
123.06% 1386.73%
13.9B
-
8.46% 30.48%
10.98
1.25
22.25% -35.45%
-
17.9B
-5.63% 12.72%
-
-
1.96% 21.57%
MID-CAP
10.0B
9.8B
-5.95% 1.41%
12.61
0.94
-10.03% -41.97%
6.1B
7.8B
-14.24% 6.57%
7.54
0.78
-20.33% -46.41%
4.4B
6.9B
-8.02% -1.27%
22.73
0.64
-19.93% -84.77%
3.3B
3.3B
-0.38% -0.41%
5.78
1.01
-3.65% 128.94%
-
5.1B
-3.30% 12.06%
-
-
9.03% 9.70%
SMALL-CAP
841.7M
1.7B
-8.79% -9.18%
7.56
0.49
-11.49% -43.12%
310.8M
4.1B
-24.91% -62.60%
-0.35
0.08
-23.57% -425.83%
186.2M
1.8B
-5.94% -32.46%
10.31
0.1
21.33% 123.48%

Celanese News

MarketWatch
Celanese Corp. stock underperforms Wednesday when compared to competitors.
MarketWatch,
11 hours ago
Defense World

Returns for CE

Cumulative Returns on CE

11.7%


10-Year Cumulative Returns

12.9%


7-Year Cumulative Returns

4%


5-Year Cumulative Returns

5.8%


3-Year Cumulative Returns

Risks for CE

What is the probability of a big loss on CE?

66.9%


Probability that Celanese stock will be more than 20% underwater in next one year

38.9%


Probability that Celanese stock will be more than 30% underwater in next one year.

32.7%


Probability that Celanese stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Celanese was unfortunately bought at previous high price.

Drawdowns

Financials for Celanese

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue----9,6009,5659,2778,5377,8536,9985,9935,6555,4965,6716,0706,2976,5546,7396,9917,1557,0596,854
Gross Profit-0.8%2,2472,2662,3802,7172,8862,9422,6822,3371,9491,4301,2931,2331,3201,5011,6061,7101,8121,9101,9721,9651,832
  S&GA Expenses8.2%1,012935824725706670633600541494482470484488483492501519546555559
  R&D Expenses10.8%14413011298.0094.0090.0086.0083.0081.0077.0074.0071.0069.0068.0067.0068.0069.0070.0072.0074.0075.00
EBITDA-100.0%-2,0182,2942,7242,8812,9492,7173,7273,3492,8352,7161,1881,2741,3651,4591,594-----
EBITDA Margin---0.24*0.28*0.30*0.32*0.32*0.47*0.48*0.47*0.48*0.22*0.22*0.22*0.23*0.24*0.26*----
Interest Expenses24.3%68655240525812510191.0096.00103106109111110112115117120123125126128
Earnings Before Taxes-36.9%5789161,4112,0482,3492,4552,2483,2622,8812,3682,2517218038959881,1211,2601,4631,5101,6011,428
EBT Margin---0.15*0.21*0.25*0.26*0.26*0.42*0.41*0.40*0.40*0.13*0.14*0.15*0.16*0.17*0.19*----
Net Income-14.4%1,2691,4831,8941,6511,9662,0701,8902,8192,5202,0891,9855756317338529081,0461,1811,2071,3111,136
Net Income Margin---0.20*0.17*0.21*0.22*0.22*0.36*0.36*0.35*0.35*0.10*0.11*0.12*0.14*0.14*0.16*----
Free Cashflow-100.0%-8371,2761,2991,4991,4451,2901,0588898639799729289961,0841,172-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-1.7%25,64926,09026,27221,33712,71312,42611,97511,58311,22010,75610,9099,7699,5069,5459,4769,4149,5069,5749,3139,8249,789
  Current Assets-3.0%6,2526,4486,61113,1924,4594,2003,8074,3554,0613,7103,7632,7712,7092,8552,7652,8432,8762,8842,8743,1803,153
    Cash Equivalents11.1%1,2961,1671,5089,6717836055361,3401,054791955615539570463497491441439703708
  Inventory-8.5%2,5142,7492,8081,7231,7131,5491,5241,1591,1181,0259781,0011,0311,0361,0389941,0111,0091,0461,033917
  Net PPE-0.8%5,5415,5885,5844,0894,1584,1884,1933,9243,9223,8763,9393,8513,7253,6783,7133,5853,6423,7213,7193,6993,724
  Goodwill-1.1%7,0637,1397,1421,2941,3481,3961,4121,1311,1431,1341,1661,1281,0981,0561,0741,0541,0831,0751,0571,0641,069
  Current Liabilities1.8%3,9223,8514,0682,7882,5952,5542,5051,8122,1291,9351,9732,4092,2621,9281,7541,5331,4081,8221,7791,5321,610
  Long Term Debt---13,373---3,176---3,227---3,409---2,970--
    LT Debt, Non Current-3.8%12,88913,39613,37311,3603,0223,1323,1763,7243,1563,1353,2273,1402,9893,3563,4093,3593,4442,9332,9703,1963,228
Shareholder's Equity-0.7%5,6245,6615,6374,9504,8804,6074,1893,9193,7983,5423,5262,5082,4872,4482,5072,7472,8643,0472,9843,5413,380
  Retained Earnings1.3%11,43311,28911,27410,58410,46610,1069,6779,2278,7978,3358,0916,7106,5766,5436,3996,4316,2456,1145,8475,8195,491
  Additional Paid-In Capital4.9%383365372356344326333313292253257248252242254244233224233222208
Accumulated Depreciation1.0%3,8303,7913,6873,4753,4973,5383,4843,4243,4093,3093,2793,2013,0873,0012,9572,8482,8282,8712,8032,7392,696
Shares Outstanding0.1%109109108108108108108111112114114118118119120123125128128135136
Minority Interest-1.1%464469468344345346348352359365369376382388391392390392395402407
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations19.0%1,6741,4071,8191,8622,0251,9571,7571,4471,2481,2001,3431,3951,3611,4061,4541,4911,5611,7221,5581,2531,041
  Share Based Compensation3.4%61.0059.0060.0066.0072.0098.0095.0087.0062.0030.0028.0027.0041.0044.0048.0056.0059.0063.0071.0068.0067.00
Cashflow From Investing-0.2%-11,197-11,170-11,141-1,714-1,679-1,366-1,1191,1461,176818592-555-559-444-493-423-419-449-507-501-491
Cashflow From Financing-2.8%10,02810,31610,2908,247-581-766-1,042-1,876-1,938-1,826-1,471-737-746-821-935-1,262-1,346-1,293-1,165-494-358
  Dividend Payments0.7%302300297294297299304302299297293296300304300296292287280272261
  Buy Backs---17.002145007501,0001,1811,0007506505056759519961,3181,1931,017805250300

CE Income Statement

2023-06-30
Unaudited Interim Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Net sales$ 2,795$ 2,486$ 5,648$ 5,024
Cost of sales(2,109)(1,781)(4,331)(3,574)
Gross profit6867051,3171,450
Selling, general and administrative expenses(274)(197)(559)(371)
Amortization of intangible assets(42)(11)(83)(22)
Research and development expenses(40)(26)(82)(50)
Other (charges) gains, net(10)1(33)0
Foreign exchange gain (loss), net15(1)21(2)
Gain (loss) on disposition of businesses and assets, net01259
Operating profit (loss)3354835861,014
Equity in net earnings (loss) of affiliates236038116
Non-operating pension and other postretirement employee benefit (expense) income(2)25(1)49
Interest expense(182)(48)(364)(83)
Interest income71152
Dividend income - equity investments31366573
Other income (expense), net4(3)(2)(1)
Earnings (loss) from continuing operations before tax2165543371,170
Income tax (provision) benefit4(112)(21)(224)
Earnings (loss) from continuing operations220442316946
Earnings (loss) from operation of discontinued operations0(8)(3)(8)
Income tax (provision) benefit from discontinued operations1212
Earnings (loss) from discontinued operations1(6)(2)(6)
Net earnings (loss)221436314940
Net (earnings) loss attributable to noncontrolling interests(1)(2)(3)(4)
Net earnings (loss) attributable to Celanese Corporation220434311936
Amounts attributable to Celanese Corporation    
Earnings (loss) from continuing operations219440313942
Earnings (loss) from discontinued operations1(6)(2)(6)
Net earnings (loss)$ 220$ 434$ 311$ 936
Earnings (loss) per common share - basic    
Continuing operations - basic (in dollars per share)$ 2.01$ 4.06$ 2.88$ 8.70
Discontinued operations - basic (in dollars per share)0.01(0.06)(0.02)(0.06)
Net earnings (loss) - basic (in dollars per share)2.024.002.868.64
Earnings (loss) per common share - diluted    
Continuing operations - diluted (in dollars per share)2.004.032.868.63
Discontinued operations - diluted (in dollars per share)0.01(0.05)(0.01)(0.06)
Net earnings (loss) - diluted (in dollars per share)$ 2.01$ 3.98$ 2.85$ 8.57
Weighted average shares - basic (in shares)108,886,678108,392,155108,761,071108,289,603
Weighted average shares - diluted (in shares)109,306,331109,123,349109,281,364109,158,055

CE Balance Sheet

2023-06-30
Unaudited Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets  
Cash and cash equivalents$ 1,296$ 1,508
Trade receivables - third party and affiliates1,3381,379
Non-trade receivables, net625675
Inventories2,5142,808
Disposal Group, Including Discontinued Operation, Assets, Current2110
Other assets268241
Total current assets6,2526,611
Investments in affiliates1,0281,062
Property, plant and equipment (net of accumulated depreciation - 2023: $3,830; 2022: $3,687)5,5415,584
Operating Lease, Right-of-Use Asset403413
Deferred income taxes832808
Other assets523547
Goodwill7,063[1]7,142
Intangible assets, net4,0074,105
Total assets25,64926,272
Current Liabilities  
Short-term borrowings and current installments of long-term debt - third party and affiliates1,5071,306
Trade payables - third party and affiliates1,2431,518
Disposal Group, Including Discontinued Operation, Liabilities, Current190
Other liabilities1,1461,201
Income taxes payable743
Total current liabilities3,9224,068
Long-term debt, net of unamortized deferred financing costs12,88913,373
Deferred income taxes1,2201,242
Uncertain tax positions285322
Benefit obligations406411
Operating lease liabilities347364
Other liabilities492387
Commitments and Contingencies
Shareholders' Equity  
Preferred stock, $0.01 par value, 100,000,000 shares authorized (2023 and 2022: 0 issued and outstanding)00
Common stock, $0.0001 par value, 400,000,000 shares authorized (2023: 170,458,836 issued and 108,847,435 outstanding; 2022: 170,135,425 issued and 108,473,932 outstanding)00
Treasury stock, at cost (2023: 61,611,401 shares; 2022: 61,661,493 shares)(5,490)(5,491)
Additional paid-in capital383372
Retained earnings11,43311,274
Accumulated other comprehensive income (loss), net(702)(518)
Total Celanese Corporation shareholders' equity5,6245,637
Noncontrolling interests464468
Total equity6,0886,105
Total liabilities and equity$ 25,649$ 26,272
[1]There were no accumulated impairment losses as of June 30, 2023.
Lori J. Ryerkerk
8530
Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. The company operates through three segments: Engineered Materials, Acetate Tow, and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It also offers acesulfame potassium, a sweetener for use in various beverages, confections, and dairy products; and food protection ingredients, such as potassium sorbate and sorbic acid for use in foods, beverages, and personal care products. The Acetate Tow segment provides acetate tows and flakes for use in filter products applications. The Acetyl Chain segment produces and supplies acetyl products, including acetic acid, vinyl acetate monomers, acetic anhydride, and acetate esters that are used as starting materials for colorants, paints, adhesives, coatings, and pharmaceuticals; and organic solvents and intermediates for pharmaceutical, agricultural, and chemical products. It also offers vinyl acetate-based emulsions for use in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; and ethylene vinyl acetate resins and compounds, as well as low-density polyethylene for use in flexible packaging films, lamination film products, hot melt adhesives, automotive parts, and carpeting applications. In addition, it manufactures ultra-high molecular weight polyethylene. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas.