Eastman Chemical Company

Eastman Chemical Company operates globally and offers various specialty materials. Its Additives & Functional Products segment provides building blocks, surfactants, soil fumigants, and more. The Advanced Materials segment offers copolyesters, biopolymers, and other polymers for various markets. The Chemical Intermediates segment supplies olefin derivatives, commodity solvents, and plasticizers. The Fibers segment provides cellulose acetate products, natural yarns, and staple fibers for different industries. Eastman was founded in 1920 and is headquartered in Tennessee.

Overview

Sector

Chemicals

Target Price

95.1 USD

Current Price

80.3 USD

Potential

18%

Strengths

Current Price to Earnings Ratio (10.38) is lower than the sector mean (34.88).
Price to book ratio (1.63) is lower than the sector mean (6.31).
EV/EBITDA (7.28) is lower than the sector mean (18.32).
EV/EBIT (10.49) is lower than the sector mean.
Price to free cash flow (13.65) is lower than the sector mean.

Weaknesses

The company has high debt. Net Debt to EBITDA Ratio (2.24) is higher than the sector mean.
The company have lower returns than the sector in which it operates. ROIC (11.92%) is significantly lower than the sector mean (15.25%).

Key Financial Data

Indicator	Value
PER	10.2
EV/EBITDA	7.2
Price/Free Cash Flow'	13.4
ROIC	11.9%
Net Debt/EBITDA	2.2