Covestro AGMIL:11COV 38 Market Cap is €12,438 Mil as of Jul. 09, 2026. GuruFocus rates MIL:11COV with a GF Score™ of 38/100 and a GF Value™ of €49.79 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,630 Chemicals companies, Covestro AG ranks better than 97.61% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Covestro AG's share price for the quarter that ended in Dec. 2025 was €59.46. Covestro AG's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 208 Mil. Therefore, Covestro AG's market cap for the quarter that ended in Dec. 2025 was €12,346 Mil.
Covestro AG's quarterly market cap
declined
from Jun. 2025 (€11,321 Mil) to Sep. 2025 (€10,403 Mil) but then
increased
from Sep. 2025 (€10,403 Mil) to Dec. 2025 (€12,346 Mil).
Covestro AG's annual market cap
increased
from Dec. 2023 (€10,026 Mil) to Dec. 2024 (€10,566 Mil) and
increased
from Dec. 2024 (€10,566 Mil) to Dec. 2025 (€12,346 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Covestro AG's Enterprise Value for Today is €14,824 Mil.
Covestro AG (MIL:11COV) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Covestro AG Market Cap Related Terms
Covestro AG Market Cap Historical Data
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The historical data trend for Covestro AG's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Covestro AG's Market Cap distribution charts can be found below:
* The bar in red indicates where Covestro AG's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Covestro AG's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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) has a Market Cap of €12,438 Mil as of Jul. 09, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Covestro AG and its competitors. According to the industry distribution chart, Covestro AG ranks #39 out of 1630 companies in the Chemicals industry, placing it in the top 2.4%.
Is Covestro AG's Market Cap too high?
Covestro AG's current Market Cap is €12,438 Mil. Based on the distribution chart, Covestro AG ranks #39 out of 1630 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Covestro AG has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Covestro AG's Market Cap compare to LIN and SHW?
According to the Chemicals industry distribution chart, Covestro AG ranks #39 out of 1630 companies for Market Cap. This places Covestro AG in the top 2% of its industry — outperforming the majority of peers. The industry median Market Cap is 290.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Chemicals company?
The median Market Cap among Chemicals companies is 290.09, based on 1,630 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Covestro AG and its competitors. For the Chemicals industry, the median Market Cap is 290.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covestro AG's current Market Cap is €12,438 Mil. 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 (MIL:11COV) is currently considered Modestly Overvalued. The stock's GF Value™ is €49.79, compared to a current price of €56.20 — trading 12.9% above its estimated fair value. The current Market Cap is €12,438 Mil. Covestro AG's overall GF Score™ is 38/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Covestro AG (MIL:11COV), the current Market Cap is €12,438 Mil as of Jul. 09, 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 (MIL:11COV) Overvalued in 2026?
Based on GuruFocus' analysis, Covestro AG stock appears to be overvalued.
The current stock price of €56.20 is trading 12.9% above its estimated GF Value™ of €49.79.
GuruFocus considers Covestro AG to be Modestly Overvalued.
Key valuation signals for MIL:11COV:
Market Cap: €12,438 Mil
GF Value™: €49.79 vs. price of €56.20 (12.9% above fair value)
No single metric tells the full story. See the MIL:11COV 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.
38GF Score
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