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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Relative Value

The Relative Value of one 1COV stock under the Base Case scenario is 64.22 EUR. Compared to the current market price of 58 EUR, Covestro AG is Undervalued by 10%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

1COV Relative Value
Base Case
64.22 EUR
Undervaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.8
P/S
P/S
Price to Sales
0.8
vs History
15
vs Industry
67
Median 3Y
0.6
Median 5Y
0.6
Industry
1.5
Forward
0.7
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-10.6
Median 5Y
5.1
Industry
21.7
Forward
-287.9
More Details
17.2
P/OCF
P/OCF
Price to OCF
17.2
vs History
4
vs Industry
42
Median 3Y
8.1
Median 5Y
6.2
Industry
13
More Details
11.2
P/FCFE
P/FCFE
Price to FCFE
11.2
vs History
55
vs Industry
5
Median 3Y
12.9
Median 5Y
11.3
Industry
20.5
More Details
1.6
P/B
P/B
Price to Book Value
1.6
vs History
9
vs Industry
44
Median 3Y
1.3
Median 5Y
1.3
Industry
1.6
More Details
0.9
EV/S
EV/S
Enterprise Value to Sales
0.9
vs History
7
vs Industry
64
Median 3Y
0.7
Median 5Y
0.7
Industry
1.6
Forward
0.9
More Details
5.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.7
vs History
14
vs Industry
53
Median 3Y
4.8
Median 5Y
3.4
Industry
7.2
More Details
12.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12.7
vs History
6
vs Industry
41
Median 3Y
9
Median 5Y
5.7
Industry
13.2
Forward
11.2
More Details
100.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
100.2
vs History
9
vs Industry
8
Median 3Y
4.9
Median 5Y
8
Industry
17.5
Forward
48.2
More Details
20.2
EV/OCF
EV/OCF
Enterprise Value to OCF
20.2
vs History
4
vs Industry
39
Median 3Y
10.3
Median 5Y
7.2
Industry
13.9
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
11
Median 3Y
15.8
Median 5Y
15.8
Industry
19.1
More Details
1.2
EV/IC
EV/IC
Enterprise Value to IC
1.2
vs History
6
vs Industry
48
Median 3Y
0.9
Median 5Y
0.9
Industry
1.3
More Details

Multiples Across Competitors

1COV Competitors Multiples
Covestro AG Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
Covestro AG
XETRA:1COV
10.9B EUR 0.8 -41.9 12.7 100.2
US
Sherwin-Williams Co
NYSE:SHW
86.9B USD 3.8 34 22 25.6
US
Ecolab Inc
NYSE:ECL
68B USD 4.3 33.3 21.2 28.9
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
10.1T JPY 4.1 19.7 8.7 11.5
CH
Givaudan SA
SIX:GIVN
36.4B CHF 5.1 35.3 24.7 31.5
US
Dupont De Nemours Inc
NYSE:DD
32.1B USD 2.6 40.2 12.6 21
CN
Wanhua Chemical Group Co Ltd
SSE:600309
234.2B CNY 1.2 15.4 16.8 16.8
US
PPG Industries Inc
NYSE:PPG
27.9B USD 1.5 18.8 11.4 14.1
CH
DSM-Firmenich AG
AEX:DSFIR
25.9B EUR 2.4 12.2 30.8 -60.2
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.2T INR 6.3 47.8 32.4 37.6
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 9.3 54.8 28.9 37.9
P/E Multiple
Earnings Growth P/E to Growth
DE
Covestro AG
XETRA:1COV
Average P/E: 31.1
Negative Multiple: -41.9 		N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
34
52%
0.6
US
Ecolab Inc
NYSE:ECL
33.3
76%
0.4
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
19.7
40%
0.5
CH
Givaudan SA
SIX:GIVN
35.3
46%
0.8
US
Dupont De Nemours Inc
NYSE:DD
40.2
399%
0.1
CN
Wanhua Chemical Group Co Ltd
SSE:600309
15.4
41%
0.4
US
PPG Industries Inc
NYSE:PPG
18.8
80%
0.2
CH
D
DSM-Firmenich AG
AEX:DSFIR
12.2
-42%
N/A
IN
Asian Paints Ltd
NSE:ASIANPAINT
47.8
7%
6.6
DK
Novozymes A/S
CSE:NZYM B
54.8
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
DE
Covestro AG
XETRA:1COV
Average EV/EBITDA: 20.2
12.7
81%
0.2
US
Sherwin-Williams Co
NYSE:SHW
22
27%
0.8
US
Ecolab Inc
NYSE:ECL
21.2
38%
0.6
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
8.7
36%
0.2
CH
Givaudan SA
SIX:GIVN
24.7
34%
0.7
US
Dupont De Nemours Inc
NYSE:DD
12.6
32%
0.4
CN
Wanhua Chemical Group Co Ltd
SSE:600309
16.8
131%
0.1
US
PPG Industries Inc
NYSE:PPG
11.4
21%
0.5
CH
D
DSM-Firmenich AG
AEX:DSFIR
30.8
203%
0.2
IN
Asian Paints Ltd
NSE:ASIANPAINT
32.4
10%
3.2
DK
Novozymes A/S
CSE:NZYM B
28.9
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DE
Covestro AG
XETRA:1COV
Average EV/EBIT: 32.5
100.2
530%
0.2
US
Sherwin-Williams Co
NYSE:SHW
25.6
34%
0.7
US
Ecolab Inc
NYSE:ECL
28.9
52%
0.6
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
11.5
N/A N/A
CH
Givaudan SA
SIX:GIVN
31.5
44%
0.7
US
Dupont De Nemours Inc
NYSE:DD
21
83%
0.3
CN
Wanhua Chemical Group Co Ltd
SSE:600309
16.8
39%
0.4
US
PPG Industries Inc
NYSE:PPG
14.1
28%
0.5
CH
D
DSM-Firmenich AG
AEX:DSFIR
Negative Multiple: -60.2 N/A N/A
IN
Asian Paints Ltd
NSE:ASIANPAINT
37.6
5%
7.1
DK
Novozymes A/S
CSE:NZYM B
37.9
N/A N/A

See Also

Summary
1COV intrinsic value, competitors valuation, and company profile.
DCF Valuation
1COV stock valuation using Discount Cash Flow valuation method.
Relative Valuation
1COV stock valuation using valuation multiples.
Wall Street Estimates
1COV price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
1COV stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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