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73.45 (1y: +62%)
Market Cap 10.98 B P/E(ttm) 21.70
Enterprise Value 15.66 B P/B 3.90
EMN- NYSE (USA)
Eastman Chemical Company
  • Currently 2.5/5
Business Predictability Rank: 2.5-Star (On Watch)
Back Testing Results:
Average gain of all 2.5-Star stocks: 7.3% per year.
% of Stocks that are in still loss if held for 10yrs: 18%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$73.45
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.052
EMN's Cash to Debt is ranked higher than
51% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 1.31 vs. EMN: 0.052 )
EMN' s 10-Year Cash to Debt Range
Min: 0.02   Max: 0.59
Current: 0.05
0.02
0.59
Equity to Asset -0.133
EMN's Equity to Asset is ranked lower than
86% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 0.50 vs. EMN: -0.133 )
EMN' s 10-Year Equity to Asset Range
Min: -0.13   Max: 0.33
Current: -0.13
-0.13
0.33
Interest Coverage 5.6
EMN's Interest Coverage is ranked lower than
65% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 10000.00 vs. EMN: 5.6 )
EMN' s 10-Year Interest Coverage Range
Min: 2   Max: 13
Current: 5.6
2
13
F-Score: 6
Z-Score: 2.21
M-Score: -1.53
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 9.90
EMN's Operating margin (%) is ranked higher than
93% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 5.30 vs. EMN: 9.90 )
EMN' s 10-Year Operating margin (%) Range
Min: -4.6   Max: 14.8
Current: 9.9
-4.6
14.8
Net-margin (%) 5.4
EMN's Net-margin (%) is ranked higher than
85% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 3.50 vs. EMN: 5.4 )
EMN' s 10-Year Net-margin (%) Range
Min: -4.7   Max: 9.7
Current: 5.4
-4.7
9.7
ROE (%) 14.8
EMN's ROE (%) is ranked higher than
97% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 6.00 vs. EMN: 14.8 )
EMN' s 10-Year ROE (%) Range
Min: -25.9   Max: 37.2
Current: 14.8
-25.9
37.2
ROA (%) 3.8
EMN's ROA (%) is ranked higher than
85% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 3.20 vs. EMN: 3.8 )
EMN' s 10-Year ROA (%) Range
Min: -4.3   Max: 11.3
Current: 3.8
-4.3
11.3
ROC (Joel Greenblatt) (%) 15.50
EMN's ROC (Joel Greenblatt) (%) is ranked higher than
92% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 9.20 vs. EMN: 15.50 )
EMN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -6.8   Max: 27.8
Current: 15.5
-6.8
27.8
Revenue Growth (%) 12.1
EMN's Revenue Growth (%) is ranked higher than
86% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 3.50 vs. EMN: 12.1 )
EMN' s 10-Year Revenue Growth (%) Range
Min: -6.4   Max: 12.1
Current: 12.1
-6.4
12.1
EBITDA Growth (%) 17.9
EMN's EBITDA Growth (%) is ranked higher than
93% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 5.90 vs. EMN: 17.9 )
EMN' s 10-Year EBITDA Growth (%) Range
Min: -43.5   Max: 72
Current: 17.9
-43.5
72
EPS Growth (%) 33.4
EMN's EPS Growth (%) is ranked higher than
91% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 10.00 vs. EMN: 33.4 )
EMN' s 10-Year EPS Growth (%) Range
Min: -21.7   Max: 71.3
Current: 33.4
-21.7
71.3
» EMN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

EMN Guru Trades in Q2 2012

Leon Cooperman 811,700 sh (New)
George Soros 16,400 sh (New)
Andreas Halvorsen 4,763,400 sh (New)
Paul Tudor Jones 9,300 sh (+14.81%)
Louis Moore Bacon 60,000 sh (unchged)
Jeremy Grantham Sold Out
Ray Dalio Sold Out
Jim Simons 769,357 sh (-14.5%)
Jean-Marie Eveillard 2,263,196 sh (-30.82%)
Steven Cohen 161,258 sh (-62.16%)
Louis Moore Bacon 18,809 sh (-94.32%)
Ken Fisher 5,380 sh (-96.54%)
» More
Q3 2012

EMN Guru Trades in Q3 2012

Pioneer Investments 545,175 sh (New)
Ray Dalio 85,765 sh (New)
John Burbank 172,536 sh (New)
George Soros 116,610 sh (+611.04%)
Louis Moore Bacon 25,000 sh (+32.92%)
Andreas Halvorsen 6,048,985 sh (+26.99%)
Paul Tudor Jones Sold Out
Ken Fisher 5,291 sh (-1.65%)
Leon Cooperman 797,500 sh (-1.75%)
Jean-Marie Eveillard 2,142,447 sh (-5.34%)
Steven Cohen 117,612 sh (-27.07%)
Jim Simons 522,940 sh (-32.03%)
» More
Q4 2012

EMN Guru Trades in Q4 2012

Bruce Kovner 72,230 sh (New)
Ken Heebner 230,000 sh (New)
Paul Tudor Jones 4,200 sh (New)
Steven Cohen 541,638 sh (+360.53%)
John Burbank 514,100 sh (+197.97%)
Pioneer Investments 616,065 sh (+13%)
Andreas Halvorsen 6,051,085 sh (+0.03%)
Ken Fisher 5,291 sh (unchged)
Louis Moore Bacon Sold Out
George Soros Sold Out
Leon Cooperman 793,800 sh (-0.46%)
Jim Simons 447,040 sh (-14.51%)
Jean-Marie Eveillard 1,767,900 sh (-17.48%)
Ray Dalio 24,107 sh (-71.89%)
» More
Q1 2013

EMN Guru Trades in Q1 2013

Jeremy Grantham 60,418 sh (New)
Ray Dalio 74,976 sh (+211.01%)
Leon Cooperman 1,542,400 sh (+94.31%)
John Burbank 629,493 sh (+22.45%)
Pioneer Investments 621,055 sh (+0.81%)
Jean-Marie Eveillard 1,767,900 sh (unchged)
Ken Fisher 5,291 sh (unchged)
Bruce Kovner Sold Out
Ken Heebner Sold Out
Paul Tudor Jones Sold Out
Jim Simons 409,440 sh (-8.41%)
Andreas Halvorsen 3,142,396 sh (-48.07%)
Steven Cohen 21,916 sh (-95.95%)
» More
» Details

Insider Trades

Latest Guru Trades with EMN

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Leon Cooperman 2013-03-31 Add 94.31%0.83%$68 - $74.78 $ 73.373%1542400
John Burbank 2013-03-31 Add 22.45%0.33%$68 - $74.78 $ 73.373%629493
Ray Dalio 2013-03-31 Add 211.01%0.03%$68 - $74.78 $ 73.373%74976
John Burbank 2012-12-31 Add 197.97%0.86%$53.65 - $66.72 $ 73.3723%514100
George Soros 2012-12-31 Sold Out 0.11%$53.65 - $66.72 $ 73.3723%0
Ray Dalio 2012-12-31 Reduce -71.89%0.05%$53.65 - $66.72 $ 73.3723%24107
John Burbank 2012-09-30 New Buy0.45%$47.43 - $58.64 $ 73.3738%172536
George Soros 2012-09-30 Add 611.04%0.09%$47.43 - $58.64 $ 73.3738%116610
Ray Dalio 2012-09-30 New Buy0.07%$47.43 - $58.64 $ 73.3738%85765
Leon Cooperman 2012-06-30 New Buy0.92%$43.52 - $54.21 $ 73.3749%811700
Jean-Marie Eveillard 2012-06-30 Reduce -30.82%0.21%$43.52 - $54.21 $ 73.3749%2263196
Ray Dalio 2012-06-30 Sold Out 0.01%$43.52 - $54.21 $ 73.3749%0
George Soros 2012-06-30 New Buy0.01%$43.52 - $54.21 $ 73.3749%16400
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Eastman Chemical Company

Andreas Halvorsen's Largest Second-Quarter Buys
August 20, 2012
Andreas Halvorsen - Andreas Halvorsen's Largest Second-Quarter Buys
Andreas Halvorsen is one of the former protégées of Julian Robertson at his hedge fund Tiger Management, called “Tiger Cubs.” Halvorsen left Tiger Management and, along with several colleagues, founded the long-short equity hedge fund VikingGlobal in 1999. Since then, the low-profile manager’s fund has produced an average annual return of 18.2%, and assets under management have ballooned to $16 billion. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 21.60
EMN's P/E(ttm) is ranked higher than
80% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 21.95 vs. EMN: 21.60 )
EMN' s 10-Year P/E(ttm) Range
Min: 4.55   Max: 100.31
Current: 21.6
4.55
100.31
P/B 3.90
EMN's P/B is ranked lower than
76% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 1.69 vs. EMN: 3.90 )
EMN' s 10-Year P/B Range
Min: 0.8   Max: 5.06
Current: 3.9
0.8
5.06
P/S 1.33
EMN's P/S is ranked lower than
72% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 0.80 vs. EMN: 1.33 )
EMN' s 10-Year P/S Range
Min: 0.22   Max: 1.33
Current: 1.33
0.22
1.33
PFCF 16.60
EMN's PFCF is ranked higher than
51% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 17.30 vs. EMN: 16.60 )
EMN' s 10-Year PFCF Range
Min: 4.6   Max: 3059
Current: 16.6
4.6
3059
EV-to-EBIT 16.9
EMN's EV-to-EBIT is ranked higher than
91% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 14.32 vs. EMN: 16.9 )
EMN' s 10-Year EV-to-EBIT Range
Min: 4.7   Max: 80.6
Current: 16.9
4.7
80.6
PEG 1.2
EMN's PEG is ranked higher than
98% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 1.14 vs. EMN: 1.2 )
EMN' s 10-Year PEG Range
Min: 0.59   Max: 11.07
Current: 1.2
0.59
11.07
Shiller P/E 24.9
EMN's Shiller P/E is ranked higher than
87% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 23.35 vs. EMN: 24.9 )
EMN' s 10-Year Shiller P/E Range
Min: 5.82   Max: 244.91
Current: 24.9
5.82
244.91

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.53
EMN's Dividend Yield is ranked higher than
57% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 1.96 vs. EMN: 1.53 )
EMN' s 10-Year Dividend Yield Range
Min: 1.47   Max: 9.64
Current: 1.53
1.47
9.64
Dividend Payout 0.3333
EMN's Dividend Payout is ranked higher than
95% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 0.74 vs. EMN: 0.3333 )
EMN' s 10-Year Dividend Payout Range
Min: 0.2   Max: 2.89
Current: 0.33
0.2
2.89
Dividend growth (3y) 5.3
EMN's Dividend growth (3y) is ranked higher than
92% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 0.70 vs. EMN: 5.3 )
EMN' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 5.3
Current: 5.3
0
5.3
Yield on cost (5-Year) 1.95
EMN's Yield on cost (5-Year) is ranked higher than
60% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 1.96 vs. EMN: 1.95 )
EMN' s 10-Year Yield on cost (5-Year) Range
Min: 1.91   Max: 12.54
Current: 1.95
1.91
12.54
Share Buyback Rate -0.4
EMN's Share Buyback Rate is ranked higher than
97% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: -0.75 vs. EMN: -0.4 )
EMN' s 10-Year Share Buyback Rate Range
Min: 3.1   Max: -1.9
Current: -0.4

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 8.6
EMN's Price/Net Current Asset Value is ranked higher than
80% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 6.70 vs. EMN: 8.6 )
EMN' s 10-Year Price/Net Current Asset Value Range
Min: 3.5   Max: 8.4
Current: 8.6
3.5
8.4
Price/DCF (Projected) 1.8
EMN's Price/DCF (Projected) is ranked higher than
89% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 1.30 vs. EMN: 1.8 )
EMN' s 10-Year Price/DCF (Projected) Range
Min: 0.8   Max: 1.9
Current: 1.8
0.8
1.9
Price/Median PS Value 1.9
EMN's Price/Median PS Value is ranked higher than
94% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 0.70 vs. EMN: 1.9 )
EMN' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 1.8
Current: 1.9
0.5
1.8
Price/Peter Lynch Fair Value 1.1
EMN's Price/Peter Lynch Fair Value is ranked lower than
75% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 1.40 vs. EMN: 1.1 )
EMN' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.6   Max: 1.3
Current: 1.1
0.6
1.3
Earnings Yield (Greenblatt) 5.90
EMN's Earnings Yield (Greenblatt) is ranked higher than
94% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 6.05 vs. EMN: 5.90 )
EMN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.2   Max: 21.4
Current: 5.9
1.2
21.4
Forward Rate of Return (Yacktman) 21.08
EMN's Forward Rate of Return (Yacktman) is ranked higher than
78% of the 565 Companies
in the Global Chemicals industry.

( Industry Median: 5.28 vs. EMN: 21.08 )
EMN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -2.8   Max: 21.7
Current: 21.08
-2.8
21.7

Business Description

Eastman Chemical Company began business in 1920 for the purpose of producing chemicals for Eastman Kodak Company's photographic business and became a public company, incorporated in Delaware, as of December 31, 1993. It is a global chemical company which manufactures and sells a portfolio of chemicals, plastics and fibers. The Company's products and operations are managed in five operating segments: the Coatings, Adhesives, Specialty Polymers, and Inks 'CASPI' segment, the Fibers segment, the Performance Chemicals and Intermediates 'PCI' segment, the Performance Polymers segment and the Specialty Plastics 'SP' segment. In the CASPI segment, the it manufactures liquid vehicles, additives, specialty polymers, and other raw materials which are integral to the production of paints and coatings, inks, adhesives, and other formulated products. The CASPI segment's specialty products, which include coatings additives, coalescents, and selected hydrocarbon resins, are less sensitive to the olefins cycle due to their functional performance attributes. The additives product lines consist of differentiated and proprietary products, including cellulose-based specialty polymers which enhance the aesthetic appeal and improve the performance of industrial and automotive original equipment and refinish coatings and inks. Coalescents include products such as TexanolTM ester alcohol which improves film formation and durability in architectural latex paints, and chlorinated polyolefins which promote the adherence of paints and coatings to plastic substrates. Solvents, which consist of ester, ketone, glycol ether, and alcohol solvents, are used in both paints and inks to maintain the formulation in liquid form for ease of application. In the Fibers segment, Eastman manufactures and sells EstronTM acetate tow and EstrobondTM triacetin plasticizers for use mainly in the manufacture of cigarette filters; EstronTM natural and ChromspunTM solution-dyed acetate yarns for use in apparel, home furnishings and industrial fabrics; and cellulose acetate flake and acetyl raw materials for other acetate fiber producers. Eastman manufactures acetate tow under the EstronTM trademark according to a variety of customer specifications, mainly for use in the manufacture of cigarette filters. The Company manufactures acetate filament yarn under the EstronTM and ChromspunTM trademarks in a variety of specifications. EstronTM acetate yarn is available in bright and dull luster and is suitable for subsequent dyeing in the fabric form. ChromspunTM acetate yarn is solution-dyed in the manufacturing process and is available in more than 20 colors. The PCI segment offers over 135 products that include intermediates based on oxo and acetyl chemistries, and performance chemicals. The Company's PCI segment is a marketer of acetic anhydride in the United States, an intermediate that is a critical component of analgesics and other pharmaceutical and agricultural products, and is th
Company Website
SEC Reports
Industry: Chemicals
Compare:BASFY, DD, SHECY, URALL, APD
Traded in other countries:EAC.Germany
» More Articles for EMN

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Eastman Chemical: Another Legacy of George Eastman Dec 27 2011 
Weekly Guru Bargains Highlights: GFA, NYX, BRCD, EMN, TK Sep 18 2011 
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Eastman Chemical Company (EMN) SVP & CFO Curtis E Espeland sells 14,624 Shares Mar 07 2011 

More From Our Partners
Eastman Board Appoints Mark Costa CEO Effective May 14 2013 - BENZINGA

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