Eastman Chemical (EMN)
Eastman Chemical Statistics
Share Statistics
Eastman Chemical has 115.46M shares outstanding. The number of shares has increased by -1.82% in one year.
| Shares Outstanding | 115.46M |
| Shares Change (YoY) | -1.82% |
| Shares Change (QoQ) | -0.39% |
| Owned by Institutions (%) | 90.45% |
| Shares Floating | 114.61M |
| Failed to Deliver (FTD) Shares | 16 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 2.94M, so 2.55% of the outstanding shares have been sold short.
| Short Interest | 2.94M |
| Short % of Shares Out | 2.55% |
| Short % of Float | 2.96% |
| Short Ratio (days to cover) | 2.42 |
Valuation Ratios
The PE ratio is 11.78 and the forward PE ratio is 8.14. Eastman Chemical's PEG ratio is 4.23.
| PE Ratio | 11.78 |
| Forward PE | 8.14 |
| PS Ratio | 1.14 |
| Forward PS | 0.8 |
| PB Ratio | 1.84 |
| P/FCF Ratio | 15.49 |
| PEG Ratio | 4.23 |
Enterprise Valuation
Eastman Chemical has an Enterprise Value (EV) of 14.84B.
| EV / Sales | 1.58 |
| EV / EBITDA | 8.23 |
| EV / EBIT | 11.53 |
| EV / FCF | 21.57 |
Financial Position
The company has a current ratio of 1.51, with a Debt / Equity ratio of 0.87.
| Current Ratio | 1.51 |
| Quick Ratio | 0.78 |
| Debt / Equity | 0.87 |
| Debt / EBITDA | 2.78 |
| Debt / FCF | 7.29 |
| Interest Coverage | 6.52 |
Financial Efficiency
Return on Equity is 15.66% and Return on Invested Capital is 8.48%.
| Return on Equity | 15.66% |
| Return on Assets | 5.95% |
| Return on Invested Capital | 8.48% |
| Revenue Per Employee | $670.14K |
| Profits Per Employee | $64.64K |
| Employee Count | 14,000 |
| Asset Turnover | 0.62 |
| Inventory Turnover | 3.57 |
Taxes
| Income Tax | 170M |
| Effective Tax Rate | 15.77% |
Stock Price Statistics
The stock price has increased by -20.12% in the last 52 weeks. The beta is 1.4, so Eastman Chemical's price volatility has been higher than the market average.
| Beta | 1.4 |
| 52-Week Price Change | -20.12% |
| 50-Day Moving Average | 91.1 |
| 200-Day Moving Average | 97.8 |
| Relative Strength Index (RSI) | 36.99 |
| Average Volume (20 Days) | 1.27M |
Income Statement
In the last 12 months, Eastman Chemical had revenue of 9.38B and earned 905M in profits. Earnings per share was 7.75.
| Revenue | 9.38B |
| Gross Profit | 2.29B |
| Operating Income | 1.3B |
| Net Income | 905M |
| EBITDA | 1.8B |
| EBIT | 1.29B |
| Earnings Per Share (EPS) | 7.75 |
Balance Sheet
The company has 837M in cash and 5.02B in debt, giving a net cash position of -4.18B.
| Cash & Cash Equivalents | 837M |
| Total Debt | 5.02B |
| Net Cash | -4.18B |
| Retained Earnings | 10.01B |
| Total Assets | 15.21B |
| Working Capital | 1.39B |
Cash Flow
In the last 12 months, operating cash flow was 1.29B and capital expenditures -599M, giving a free cash flow of 688M.
| Operating Cash Flow | 1.29B |
| Capital Expenditures | -599M |
| Free Cash Flow | 688M |
| FCF Per Share | 5.9 |
Margins
Gross margin is 24.41%, with operating and profit margins of 13.9% and 9.65%.
| Gross Margin | 24.41% |
| Operating Margin | 13.9% |
| Pretax Margin | 11.49% |
| Profit Margin | 9.65% |
| EBITDA Margin | 19.22% |
| EBIT Margin | 13.9% |
| FCF Margin | 7.33% |
Dividends & Yields
EMN pays an annual dividend of $4.09, which amounts to a dividend yield of 3.6%.
| Dividend Per Share | $4.09 |
| Dividend Yield | 3.6% |
| Dividend Growth (YoY) | 2.47% |
| Payout Ratio | 53.32% |
| Earnings Yield | 8.49% |
| FCF Yield | 6.46% |
Analyst Forecast
The average price target for EMN is $108.5, which is 41.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $108.5 |
| Price Target Difference | 41.5% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
Stock Splits
The last stock split was on Oct 4, 2011. It was a forward split with a ratio of 2:1.
| Last Split Date | Oct 4, 2011 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 2.53 |
| Piotroski F-Score | 7 |