A Holistic Look At Celanese Corporation (NYSE:CE)
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Celanese Corporation (NYSE:CE), it is a financially-robust , dividend-paying company with a a strong history of performance. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Celanese here.
Solid track record established dividend payer
Over the past year, CE has grown its earnings by 42%, with its most recent figure exceeding its annual average over the past five years. Not only did CE outperformed its past performance, its growth also exceeded the Chemicals industry expansion, which generated a 23% earnings growth. This paints a buoyant picture for the company. CE’s strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This suggests prudent control over cash and cost by management, which is an important determinant of the company’s health. CE’s has produced operating cash levels of 0.44x total debt over the past year, which implies that CE’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
CE is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
Next Steps:
For Celanese, there are three fundamental aspects you should look at:
Future Outlook: What are well-informed industry analysts predicting for CE’s future growth? Take a look at our free research report of analyst consensus for CE’s outlook.
Valuation: What is CE worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether CE is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CE? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
