Eastman Chemical Financials

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Eastman Chemical Stock Summary

Eastman Chemical competes with Olin, Cabot, Kronos Worldwide, LyondellBasell Industries, and Air Products. Eastman Chemical Company operates as a specialty materials company in the United States and internationally. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee. Eastman Chemical operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 14000 people.

Eastman Chemical Key Financial Ratios

Eastman Chemical Key Balance Sheet Accounts

Eastman Chemical Key Income Statement Accounts

Eastman Chemical Key Cash Accounts

Eastman Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Eastman Chemical's current stock value. Our valuation model uses many indicators to compare Eastman Chemical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eastman Chemical competition to find correlations between indicators driving Eastman Chemical's intrinsic value. More Info.Eastman Chemical is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.31  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Eastman Chemical is roughly  3.19 . At this time, Eastman Chemical's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Eastman Chemical's earnings, one of the primary drivers of an investment's value.

Eastman Chemical's Earnings Breakdown by Geography

Eastman Chemical Systematic Risk

Today, most investors in Eastman Chemical Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eastman Chemical's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Eastman Chemical growth as a starting point in their analysis.

Along with financial statement analysis, the daily predictive indicators of Eastman Chemical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eastman Chemical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eastman Chemical based on widely used predictive technical indicators. In general, we focus on analyzing Eastman Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eastman Chemical's daily price indicators and compare them against related drivers.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastman Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Is Diversified Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastman Chemical. If investors know Eastman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastman Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Eastman Chemical is measured differently than its book value, which is the value of Eastman that is recorded on the company's balance sheet. Investors also form their own opinion of Eastman Chemical's value that differs from its market value or its book value, called intrinsic value, which is Eastman Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastman Chemical's market value can be influenced by many factors that don't directly affect Eastman Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Eastman Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.