Covestro AG Stock
€60.54
Your prediction
Covestro AG Stock
Covestro is a German-based multinational polymer company that specializes in the production of high-performance polymers, coatings, and adhesives used in various industries such as automotive, construction, and electronics. Formerly part of the chemical giant Bayer, Covestro became an independent company in 2015 and is now listed on the Frankfurt Stock Exchange. With over 30 production sites, Covestro has a global presence and employs over 16,000 people worldwide. The company's commitment to sustainability and innovation has earned it a reputation as a leader in the polymer industry.
Pros and Cons of Covestro AG in the next few years
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Cons
Performance of Covestro AG vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Covestro AG | -0.200% | 0.198% | 1.134% | 10.896% | 7.898% | 84.545% | 76.903% |
| Air Products + Chemicals | -0.330% | 1.653% | 1.027% | 5.353% | -11.828% | 5.693% | 10.811% |
| Eastman Chemical Co. | 0.390% | 4.026% | -1.456% | -23.727% | -22.273% | -20.652% | 8.738% |
| Celanese Corp. A | 4.140% | 7.625% | 12.086% | -58.447% | -21.341% | -53.695% | -34.962% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Assessing Covestro's financials reveals a company navigating a challenging landscape within the chemical industry. While the revenue base and asset management reflect solid fundamentals, certain indicators, particularly net income trends and profitability ratios, raise concerns. The financials exhibit a complex interplay between growth potential and profitability pressures, which is characteristic of the current economic climate faced by many companies in this sector.
When examining the financial statements, several strengths and weaknesses emerge.
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