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Covestro AGCOVTY 63 EV-to-EBITDA is 13.87 as of Aug. 21, 2026, which is 96% above its 10-year median of 7.06. GuruFocus rates COVTY with a GF Score™ of 63/100 and a GF Value™ of $26.73 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,329 Chemicals companies, Covestro AG ranks worse than 53.95% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Covestro AG's enterprise value is $16,772 Mil.
Covestro AG's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $1,210 Mil. Therefore, Covestro AG's EV-to-EBITDA for today is 13.87.
The historical rank and industry rank for Covestro AG's EV-to-EBITDA or its related term are showing as below:
COVTY'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.36 Med: 7.06 Max: 18.55
Current: 13.87
During the past 13 years, the highest EV-to-EBITDA of Covestro AG was 18.55. The lowest was 2.36. And the median was 7.06.
COVTY's EV-to-EBITDA is ranked worse than 53.95% of 1329
companies
in the Chemicals industry
Industry Median: 12.65
vs COVTY: 13.87
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Covestro AG (OTCPK:COVTY) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Covestro AG's PE Ratio (TTM) for today is calculated as:
Covestro AG's share price for today is $34.34.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Covestro AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.972.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Covestro AG's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Chemicals subindustry, Covestro AG's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Covestro AG EV-to-EBITDA vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Covestro AG's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Covestro AG's EV-to-EBITDA falls into.
Covestro AG's current Enterprise Value is $16,772 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Covestro AG's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $1,210 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Covestro AG (COVTY) has a EV-to-EBITDA of 13.87 as of Aug. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Covestro AG. This is 96% above median its historical median of 7.06. Over the past decade, Covestro AG's EV-to-EBITDA has ranged from 2.36 to 18.55. According to the industry distribution chart, Covestro AG ranks #717 out of 1329 companies in the Chemicals industry, placing it in the top 54%.
Is Covestro AG's EV-to-EBITDA too high?
Covestro AG's current EV-to-EBITDA of 13.87 is 96% above median its 10-year median of 7.06. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 18.55. The Chemicals industry median EV-to-EBITDA is 12.65. Covestro AG's value of 13.87 is 9.6% above this industry median. Based on the distribution chart, Covestro AG ranks #717 out of 1329 companies in the Chemicals industry, which is below the industry midpoint. Overall, Covestro AG has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Covestro AG's EV-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Covestro AG ranks #717 out of 1329 companies for EV-to-EBITDA. This places Covestro AG in the lower half of its industry. The industry median EV-to-EBITDA is 12.65. Covestro AG's value of 13.87 is 9.6% above this benchmark. Historically, Covestro AG's own EV-to-EBITDA has ranged from 2.36 to 18.55 over the past decade. While the company's 10-year median is 7.06 vs. the industry median of 12.65, Covestro AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 12.65, based on 1,329 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Covestro AG's current EV-to-EBITDA of 13.87 is 9.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Covestro AG. For the Chemicals industry, the median EV-to-EBITDA is 12.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covestro AG's current EV-to-EBITDA is 13.87, which is 96% above median its own 10-year median of 7.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covestro AG stock overvalued right now?
Based on GuruFocus' analysis, Covestro AG (COVTY) is currently considered Modestly Overvalued. The stock's GF Value™ is $26.73, compared to a current price of $34.34 — trading 28.5% above its estimated fair value. The current EV-to-EBITDA is 13.87, which is 96% above median its 10-year median of 7.06 and 9.6% above the Chemicals industry median of 12.65. Covestro AG's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Covestro AG (COVTY), the current EV-to-EBITDA is 13.87 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Covestro AG (COVTY) Overvalued in 2026?
Based on GuruFocus' analysis, Covestro AG stock appears to be overvalued.
The current stock price of $34.34 is trading 28.5% above its estimated GF Value™ of $26.73.
GuruFocus considers Covestro AG to be Modestly Overvalued.
Key valuation signals for COVTY:
EV-to-EBITDA: 13.87 (96% above median its 10-year median of 7.06)
GF Value™: $26.73 vs. price of $34.34 (28.5% above fair value)
Industry Position: 9.6% above the Chemicals median (#717 of 1329)
No single metric tells the full story. See the COVTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Covestro AG is a player in the polymer materials field. The firm is engaged in polyurethanes and polycarbonates products. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for the company's products is driven by cyclical end markets, such as automotive, construction, and furniture. The company's segment includes Performance Materials and Solutions & Specialties. The company generates the majority of its revenue from the Solutions & Specialties segment. The Solutions & Specialties segment includes six business entities: Engineering Plastics; Coatings & Adhesives; Tailored Urethanes; Thermoplastic Polyurethanes; Specialty Films; and Elastomers.
63GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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