GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Covestro AG (MIL:11COV) » Definitions » EV-to-EBITDA

Covestro AG (MIL:11COV) EV-to-EBITDA : 12.80 (As of Dec. 14, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Covestro AG EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Covestro AG's enterprise value is €13,680 Mil. Covestro AG's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 was €1,069 Mil. Therefore, Covestro AG's EV-to-EBITDA for today is 12.80.

The historical rank and industry rank for Covestro AG's EV-to-EBITDA or its related term are showing as below:

MIL:11COV' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.29   Med: 5.57   Max: 12.8
Current: 12.78

During the past 12 years, the highest EV-to-EBITDA of Covestro AG was 12.80. The lowest was 2.29. And the median was 5.57.

MIL:11COV's EV-to-EBITDA is ranked better than
54.99% of 1273 companies
in the Chemicals industry
Industry Median: 15.03 vs MIL:11COV: 12.78

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.

As of today (2024-12-14), Covestro AG's stock price is €57.90. Covestro AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was €-1.390. Therefore, Covestro AG's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Covestro AG EV-to-EBITDA Historical Data

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.

* Premium members only.

Covestro AG EV-to-EBITDA Chart

Covestro AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.31 7.11 3.98 5.73 11.20

Covestro AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.33 11.20 7.90 9.06 9.14

Competitive Comparison of Covestro AG's EV-to-EBITDA

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's EV-to-EBITDA Distribution in the 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 EV-to-EBITDA Calculation

Covestro AG's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=13680.065/1069
=12.80

Covestro AG's current Enterprise Value is €13,680 Mil.
Covestro AG's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,069 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  (MIL:11COV) 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:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=57.90/-1.390
=At Loss

Covestro AG's share price for today is €57.90.
Covestro AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.390.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Covestro AG EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Covestro AG's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Covestro AG Business Description

Comparable Companies
Address
Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373
Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for Covestro's products is driven primarily by cyclical end markets, such as automotive, construction, and furniture.

Covestro AG Headlines

No Headlines