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Celanese (Celanese) EV-to-EBIT

: 15.52 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Celanese's Enterprise Value is $29,543 Mil. Celanese's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,903 Mil. Therefore, Celanese's EV-to-EBIT for today is 15.52.

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

CE' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.86   Med: 13.8   Max: 23.91
Current: 15.52

During the past 13 years, the highest EV-to-EBIT of Celanese was 23.91. The lowest was 4.86. And the median was 13.80.

CE's EV-to-EBIT is ranked better than
52.18% of 1240 companies
in the Chemicals industry
Industry Median: 16.26 vs CE: 15.52

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Celanese's Enterprise Value for the quarter that ended in Dec. 2023 was $29,675 Mil. Celanese's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,903 Mil. Celanese's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.41%.


Celanese EV-to-EBIT Historical Data

The historical data trend for Celanese's EV-to-EBIT 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.

Celanese Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.97 7.49 9.48 13.79 15.59

Celanese Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 13.79 17.86 20.90 15.91 15.59

Competitive Comparison

For the Chemicals subindustry, Celanese's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Celanese EV-to-EBIT Distribution

For the Chemicals industry and Basic Materials sector, Celanese's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Celanese's EV-to-EBIT falls into.



Celanese EV-to-EBIT Calculation

Celanese's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=29542.932/1903
=15.52

Celanese's current Enterprise Value is $29,543 Mil.
Celanese's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,903 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.


Celanese  (NYSE:CE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Celanese's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=1903/29674.72522
=6.41 %

Celanese's Enterprise Value for the quarter that ended in Dec. 2023 was $29,675 Mil.
Celanese's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,903 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.


Celanese EV-to-EBIT Related Terms

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


Celanese (Celanese) Business Description

Traded in Other Exchanges
Address
222 W. Las Colinas Boulevard, Suite 900N, Irving, TX, USA, 75039-5421
Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.
Executives
Thomas Francis Kelly officer: SVP, EM 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Mark Christopher Murray officer: VP - Bus. Strat & Development 100 MATSONFORD ROAD, RADNOR PA 19087
Aaron M Mcgilvray officer: Chief Accounting Officer 222 W. LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rahul Ghai director GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Michael Koenig director 222 W. LAS COLINAS BLVD., SUITE 900N, IRVING TX 75039
Vanessa Dupuis officer: SVP, HR (CHRO) C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Scott A Richardson officer: SVP & CFO C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
John K Wulff director C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001
Deborah J. Kissire director 210 E. EARLL DRIVE, PHOENIX AZ 85012
John G Fotheringham officer: SVP, Acetyl Chain 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Lori Ryerkerk director, officer: CEO AXALTA COATING SYSTEMS LTD., 2001 MARKET STREET, SUITE 3600, PHILADELPHIA PA 19103
Todd L Elliott officer: SVP, Acetyl Chain C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
A. Lynne Puckett officer: SVP & GC C/O 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rucker Kim K.w. director KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Peter G Edwards officer: EVP & GC C/O BAXALTA INCORPORATED, 1200 LAKESIDE DRIVE, BANNOCKBURN IL 60015

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