Eastman Chemical Co EMN

Morningstar Rating
$64.87 +0.82 (1.28%)
View Full Chart

Company Report

Eastman's Commodity Business Should Benefit From Near-Term Supply Shock as Specialty Remains Stable

Through acquisition and internal development, Eastman Chemical owns a solid portfolio of specialty chemicals that are used in safety glass, window tinting, and specialty plastics, all of which offer a solid long-term growth profile. To expand its specialty portfolio, the firm invests roughly 4% of sales from its additives and functional products and advanced materials segments in research and development, which is in line with its specialty chemical peers. Eastman is well positioned to meet growing demand for auto window interlayers, including heads-up displays, and specialty plastics.

Price vs Fair Value

EMN is trading at a LOCK|$Z&@ premium.
Price
$64.05
Fair Value
Lt$
Uncertainty
LOCK|$C
1-Star Price
LOCK|p^
5-Star Price
Wx
Economic Moat
LOCK|KZGM
Capital Allocation
LOCK|&@l&J$

Bulls Say, Bears Say

Bulls

Eastman is well positioned to meet evolving chemical demands in auto with window interlayers and specialty plastics through its best-in-class patented products.

Bears

While the company's coal gasification is a low-cost method compared with many international competitors, other Eastman products are made with higher-cost petrochemicals.

News

Articles & Videos

Trading Information

Previous Close Price
$64.05
Day Range
$64.20–65.72
52-Week Range
$56.11–83.47
Bid/Ask
$63.14 / $66.86
Shares Outstanding
114.33M
Market Cap
$7.42B
Volume/Avg
1M / 1M

Key Statistics

Price/Earnings (Normalized)
12.94
Price/Sales
0.83
Dividend Yield (Trailing)
5.25%
Dividend Yield (Forward)
5.25%
Dividend Payment Schedule
Jan, Apr, Jul, Oct
Total Yield
5.93%

Company Profile

Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemical company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.
Sector
Basic Materials
Industry
Specialty Chemicals
Stock Style Box
Small Value
Total Number of Employees
13,000

Competitors

Valuation

Metric
EMN
BASFY
CE
Price/Earnings (Normalized)
12.9425.718.32
Price/Book Value
1.201.161.16
Price/Sales
0.830.690.50
Price/Cash Flow
6.217.835.55
Price/Earnings
EMN
BASFY
CE

Financial Strength

Metric
EMN
BASFY
CE
Quick Ratio
0.721.190.81
Current Ratio
1.501.851.45
Interest Coverage
3.403.59−0.60
Quick Ratio
EMN
BASFY
CE

Profitability

Metric
EMN
BASFY
CE
Return on Assets (Normalized)
3.77%0.97%0.43%
Return on Equity (Normalized)
9.62%2.27%2.23%
Return on Invested Capital (Normalized)
6.73%1.92%3.08%
Return on Assets
EMN
BASFY
CE

Specialty Chemicals Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Linde PLC
LIN
LOCK|%NV&Yt<QLOCK|Ns$216B
Sherwin-Williams Co
SHW
LOCK|pxdX&>cLOCK|SQ$78B
Ecolab Inc
ECL
LOCK|P^?#mC?LOCK|M>n$76B
Air Products and Chemicals Inc
APD
LOCK|@Zw!#QJLOCK|l?$61B
PPG Industries Inc
PPG
LOCK|d&DMLHYLOCK|@MN?M$23B
International Flavors & Fragrances Inc
IFF
LOCK|XSbT#>tLOCK|<$>nd$21B
LyondellBasell Industries NV Class A
LYB
LOCK|x%PS?#%LOCK|XDl!$19B
Sociedad Quimica Y Minera De Chile SA ADR
SQM
LOCK|M@%V#kLOCK|#@dCq$18B
DuPont de Nemours Inc
DD
LOCK|@#H>&ZsLOCK|#dmv$17B
Albemarle Corp
ALB
LOCK|$JXv&TcLOCK|y@n?B$12B

Sponsor Center