Covestro AG
XETRA:1COV

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Covestro AG
XETRA:1COV
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Price: 58 EUR 1.75% Market Closed
Market Cap: 10.9B EUR
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Covestro AG
Other Current Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Covestro AG
Other Current Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Current Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
Covestro AG
XETRA:1COV
Other Current Liabilities
€1.5B
CAGR 3-Years
8%
CAGR 5-Years
21%
CAGR 10-Years
N/A
Wacker Chemie AG
XETRA:WCH
Other Current Liabilities
€490.5m
CAGR 3-Years
10%
CAGR 5-Years
11%
CAGR 10-Years
-2%
Evonik Industries AG
XETRA:EVK
Other Current Liabilities
€1.5B
CAGR 3-Years
-2%
CAGR 5-Years
0%
CAGR 10-Years
0%
AlzChem Group AG
XETRA:ACT
Other Current Liabilities
€14.8m
CAGR 3-Years
50%
CAGR 5-Years
23%
CAGR 10-Years
N/A
Symrise AG
XETRA:SY1
Other Current Liabilities
€401.3m
CAGR 3-Years
9%
CAGR 5-Years
9%
CAGR 10-Years
N/A
U
Uzin Utz SE
SWB:UZU
Other Current Liabilities
€37.8m
CAGR 3-Years
-4%
CAGR 5-Years
4%
CAGR 10-Years
9%
No Stocks Found

Covestro AG
Glance View

Market Cap
10.9B EUR
Industry
Chemicals

Covestro AG, founded in 2015 as a spin-off from the renowned German chemical conglomerate Bayer, stands as a global leader in the production of high-tech polymers. Headquartered in Leverkusen, Germany, Covestro is primarily engaged in the manufacturing and sales of polyurethanes and polycarbonates, which are indispensable in an array of industries, including automotive, construction, electronics, and healthcare. Covestro's innovative materials are just about everywhere—whether it's lightweight components used in cars to improve fuel efficiency, high-performance insulation materials for buildings, or resilient casings for smartphones. The company's expertise doesn't just lie in creating these products but also in optimizing their utility, ensuring that their applications lead to more sustainable solutions by reducing energy consumption and increasing the durability of the end products. The company's profitability hinges on its adeptness at capturing the trends of sustainability and innovation, incorporating cutting-edge research to push the boundaries of material science. Covestro operates through a vertically integrated supply chain, which affords it significant economies of scale and a competitive edge in pricing. By transforming raw materials into versatile polymers, Covestro creates a continuous value chain that not only enhances product performance but also aligns with its sustainability goals. The firm invests heavily in R&D to anticipate market needs and to develop formulations that meet stringent regulatory standards while responding to the global demand for environmentally friendly materials. Through strategic partnerships and its global reach, Covestro is positioned to benefit from a rise in demand for high-performance and eco-conscious products, reinforcing its stature as a pivotal player in the transition toward a more sustainable industrial landscape.

1COV Intrinsic Value
51.68 EUR
Overvaluation 11%
Intrinsic Value
Price

See Also

What is Covestro AG's Other Current Liabilities?
Other Current Liabilities
1.5B EUR

Based on the financial report for Sep 30, 2024, Covestro AG's Other Current Liabilities amounts to 1.5B EUR.

What is Covestro AG's Other Current Liabilities growth rate?
Other Current Liabilities CAGR 5Y
21%

Over the last year, the Other Current Liabilities growth was 65%. The average annual Other Current Liabilities growth rates for Covestro AG have been 8% over the past three years , 21% over the past five years .

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