Covestro (OTCMKTS:COVTY – Get Free Report) is one of 298 publicly-traded companies in the “Chemicals” industry, but how does it contrast to its rivals? We will compare Covestro to similar companies based on the strength of its earnings, analyst recommendations, dividends, valuation, institutional ownership, risk and profitability.
Profitability
This table compares Covestro and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Covestro | -6.97% | -13.22% | -6.31% |
| Covestro Competitors | -122.61% | -12.10% | -2.28% |
Analyst Ratings
This is a summary of current recommendations for Covestro and its rivals, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Covestro | 0 | 1 | 0 | 0 | 2.00 |
| Covestro Competitors | 3092 | 11839 | 13851 | 483 | 2.40 |
Volatility and Risk
Covestro has a beta of 0.91, suggesting that its stock price is 9% less volatile than the S&P 500. Comparatively, Covestro’s rivals have a beta of 1.23, suggesting that their average stock price is 23% more volatile than the S&P 500.
Insider and Institutional Ownership
47.1% of shares of all “Chemicals” companies are held by institutional investors. 13.8% of shares of all “Chemicals” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Earnings and Valuation
This table compares Covestro and its rivals revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Covestro | $14.64 billion | -$728.62 million | -13.48 |
| Covestro Competitors | $6.22 billion | $217.41 million | -3.51 |
Covestro has higher revenue, but lower earnings than its rivals. Covestro is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Summary
Covestro rivals beat Covestro on 11 of the 13 factors compared.
About Covestro
Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment comprises a range of polymer products, including polycarbonates, precursors for coatings and adhesives, MDI specialties and polyols, thermoplastic polyurethanes, specialty films, and elastomers that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for solar panel frames, laptops, floodlights, and electric vehicle batteries. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.
Receive News & Ratings for Covestro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Covestro and related companies with MarketBeat.com's FREE daily email newsletter.
