Recent News
July 15, 2026: Company declared a quarterly cash dividend of $0.03 per share payable August 10. July 30, 2026: Amsterdam District Court dismissed claims against Celanese and co‑defendants. Late July 2026: Celanese amended its revolving credit agreement. June–July 2026: product and sustainability collaborations announced and an engineered‑materials footprint optimization in Asia disclosed.
Technical Analysis
Directional indicators show low trend strength: ADX at 16.0 signals no established trend, reducing conviction for large directional moves tied to valuation. DI+ sits at 18.65 with a dip-and-reversal pattern, which reads as a short-term bullish re-acceleration in buying pressure. DI- at 22.8 also shows a dip-and-reversal pattern, with DI- remaining above DI+ and implying sellers currently retain the upper hand for near-term price direction.
MACD reads -0.37 with a peak-and-reversal characteristic, indicating bearish momentum; the MACD currently sits above its signal line (-0.55), producing a recent bullish crossover that can act as a short-duration momentum trigger before the larger MACD trend reasserts itself.
MRO at 23.34 (positive) signals the price sits above the model target and therefore faces downward pressure from reversion toward that target; the magnitude suggests a material mean-reversion force rather than a weak signal. RSI at 43.95 and increasing conveys improving momentum from lower levels while remaining below the 50 midline, allowing limited upside without additional buying strength.
Price action trades near short-term averages: close $45.00 sits nearly at the 20‑day average ($45.15) and below the 50‑day ($46.04) and 200‑day ($50.52) averages, indicating the path to a sustained rally requires reclaiming higher moving averages. Bollinger bands place price between the 1x lower band ($44.04) and 1x upper band ($46.26), reflecting low immediate volatility. Ichimoku components (Tenkan $45.43; Kijun $45.37; Senkou A $47.74; Senkou B $57.20) keep price below the cloud, which preserves a cautious technical bias until price clears the cloud boundary toward $47.74 or higher.
Fundamental Analysis
Revenue and profitability: Total revenue stands at $2,752,000,000 with revenue growth of 6.03% and year‑over‑year revenue growth of 0.80%. Gross margin equals 22.46% and operating margin equals 10.87%; EBIT margin measures 11.92% and improved QoQ by 5.12% while declining YoY by 3.27%. The QoQ margin improvement supports the headline margin momentum noted above.
Earnings: Reported EPS $2.45 versus an estimate $2.22 produced a positive EPS surprise of 10.36%, which corroborates the QoQ margin gain and the free cash flow performance for the period.
Cash flow and valuation metrics: Operating cash flow $206,000,000 and free cash flow $147,000,000 yield a free‑cash‑flow yield of 2.68%, above the industry peer mean of 1.16% for the comparable metric. WMDST notes the enterprise multiple at 28.63 while the market capitalization equals $5,486,448,121 and net debt totals $10,643,000,000; the enterprise valuation context and free‑cash‑flow generation underpin WMDST’s current under‑valued assessment.
Balance sheet and leverage: Total debt $12,397,000,000 yields debt‑to‑EBITDA of 21.49 and debt‑to‑equity of 297.50%—both signals of pronounced leverage. Interest coverage sits at 1.76x, indicating limited cushion relative to interest cost. Net debt exceeds market capitalization, a material leverage factor that constrains valuation multiples despite solid cash conversion (cash conversion ratio 1.54) and a cash conversion cycle of ~80 days.
Peer comparisons where available: EBIT margin at 11.92% sits below the industry peer mean of 15.87% and median of 17.71% but above the industry peer low. Price‑to‑book at 1.32 reads below the industry peer mean of 4.93 and median of 5.28. Free‑cash‑flow yield exceeds the industry peer mean. Return on equity measures 3.00%, below the industry peer mean of 4.16%. These comparisons show operational margins and returns lagging typical peer central tendencies even as valuation multiples sit on the lower side of the peer distribution.
Valuation summary: The current valuation as determined by WMDST classifies the stock as under‑valued, supported by above‑mean free cash flow yield and modest market multiples, while elevated leverage and lower peer‑relative margins justify caution and cap upside until leverage metrics improve or margin convergence occurs.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-06-30 |
| REPORT DATE: | 2026-08-04 |
| NEXT REPORT DATE: | 2026-11-03 |
| CASH FLOW | Begin Period Cash Flow | $ 1.8 B |
| Operating Cash Flow | $ 206.0 M | |
| Capital Expenditures | $ -62.00 M | |
| Change In Working Capital | $ -122.00 M | |
| Dividends Paid | $ -3.00 M | |
| Cash Flow Delta | $ -394.00 M | |
| End Period Cash Flow | $ 1.4 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 2.8 B | |
| Forward Revenue | $ 932.9 M | |
| COSTS | ||
| Cost Of Revenue | $ 2.1 B | |
| Depreciation | $ 249.0 M | |
| Depreciation and Amortization | $ 249.0 M | |
| Research and Development | $ 29.0 M | |
| Total Operating Expenses | $ 2.5 B | |
| PROFITABILITY | ||
| Gross Profit | $ 618.0 M | |
| EBITDA | $ 577.0 M | |
| EBIT | $ 328.0 M | |
| Operating Income | $ 299.0 M | |
| Interest Income | $ 10.0 M | |
| Interest Expense | $ 186.0 M | |
| Net Interest Income | $ -176.00 M | |
| Income Before Tax | $ 142.0 M | |
| Tax Provision | $ 11.0 M | |
| Tax Rate | 7.747 % | |
| Net Income | $ 125.0 M | |
| Net Income From Continuing Operations | $ 129.0 M | |
| EARNINGS | ||
| EPS Estimate | $ 2.22 | |
| EPS Actual | $ 2.45 | |
| EPS Difference | $ 0.23 | |
| EPS Surprise | 10.36 % | |
| Forward EPS | $ 1.54 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 21.4 B | |
| Intangible Assets | $ 7.2 B | |
| Net Tangible Assets | $ -3.06 B | |
| Total Current Assets | $ 5.8 B | |
| Cash and Short-Term Investments | $ 1.4 B | |
| Cash | $ 1.4 B | |
| Net Receivables | $ 1.3 B | |
| Inventory | $ 2.3 B | |
| Long-Term Investments | $ 605.0 M | |
| LIABILITIES | ||
| Accounts Payable | $ 1.5 B | |
| Short-Term Debt | $ 1.3 B | |
| Total Current Liabilities | $ 4.0 B | |
| Net Debt | $ 10.6 B | |
| Total Debt | $ 12.4 B | |
| Total Liabilities | $ 16.8 B | |
| EQUITY | ||
| Total Equity | $ 4.2 B | |
| Retained Earnings | $ 10.0 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 37.97 | |
| Shares Outstanding | 109.749 M | |
| Revenue Per-Share | $ 25.08 | |
| VALUATION | Market Capitalization | $ 5.5 B |
| Enterprise Value | $ 16.5 B | |
| Enterprise Multiple | 28.63 | |
| Enterprise Multiple QoQ | -23.35 % | |
| Enterprise Multiple YoY | -18.477 % | |
| Enterprise Multiple IPRWA | high: 79.976 median: 76.739 mean: 61.558 CE: 28.63 low: -37.978 |
|
| EV/R | 6.003 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 5.138 | |
| Asset To Liability | 1.273 | |
| Debt To Capital | 0.748 | |
| Debt To Assets | 0.579 | |
| Debt To Assets QoQ | -2.469 % | |
| Debt To Assets YoY | 3.138 % | |
| Debt To Assets IPRWA | high: 0.804 CE: 0.579 median: 0.465 mean: 0.369 low: 0.026 |
|
| Debt To Equity | 2.975 | |
| Debt To Equity QoQ | -6.334 % | |
| Debt To Equity YoY | 17.893 % | |
| Debt To Equity IPRWA | CE: 2.975 high: 2.615 median: 1.233 mean: 0.966 low: 0.036 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 1.317 | |
| Price To Book QoQ | -17.954 % | |
| Price To Book YoY | 24.177 % | |
| Price To Book IPRWA | high: 7.485 median: 5.277 mean: 4.931 CE: 1.317 low: 0.938 |
|
| Price To Earnings (P/E) | 20.404 | |
| Price To Earnings QoQ | -70.83 % | |
| Price To Earnings YoY | -32.533 % | |
| Price To Earnings IPRWA | high: 128.46 median: 128.46 mean: 99.531 CE: 20.404 low: -30.244 |
|
| PE/G Ratio | 0.108 | |
| Price To Sales (P/S) | 1.994 | |
| Price To Sales QoQ | -28.543 % | |
| Price To Sales YoY | -9.765 % | |
| Price To Sales IPRWA | high: 17.046 mean: 12.541 median: 10.431 CE: 1.994 low: 1.523 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 34.027 | |
| Forward PE/G | 0.181 | |
| Forward P/S | 5.881 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 1.339 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.128 | |
| Asset Turnover Ratio QoQ | 18.547 % | |
| Asset Turnover Ratio YoY | 18.184 % | |
| Asset Turnover Ratio IPRWA | high: 0.317 median: 0.161 mean: 0.153 CE: 0.128 low: 0.067 |
|
| Receivables Turnover | 2.308 | |
| Receivables Turnover Ratio QoQ | -0.313 % | |
| Receivables Turnover Ratio YoY | 11.924 % | |
| Receivables Turnover Ratio IPRWA | high: 3.095 CE: 2.308 mean: 1.583 median: 1.312 low: 0.402 |
|
| Inventory Turnover | 0.93 | |
| Inventory Turnover Ratio QoQ | 12.064 % | |
| Inventory Turnover Ratio YoY | 7.046 % | |
| Inventory Turnover Ratio IPRWA | high: 3.058 median: 1.535 mean: 1.227 CE: 0.93 low: 0.413 |
|
| Days Sales Outstanding (DSO) | 39.541 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 80.137 | |
| Cash Conversion Cycle Days QoQ | -5.853 % | |
| Cash Conversion Cycle Days YoY | -12.853 % | |
| Cash Conversion Cycle Days IPRWA | high: 254.878 mean: 81.582 CE: 80.137 median: 49.768 low: 24.622 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 1.538 | |
| CapEx To Revenue | -0.023 | |
| CapEx To Depreciation | -0.249 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 14.9 B | |
| Net Invested Capital | $ 16.2 B | |
| Invested Capital | $ 16.2 B | |
| Net Tangible Assets | $ -3.06 B | |
| Net Working Capital | $ 1.8 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.34 | |
| Current Ratio | 1.447 | |
| Current Ratio QoQ | 4.598 % | |
| Current Ratio YoY | -29.468 % | |
| Current Ratio IPRWA | high: 4.39 mean: 2.08 median: 1.841 CE: 1.447 low: 1.151 |
|
| Quick Ratio | 0.871 | |
| Quick Ratio QoQ | 2.037 % | |
| Quick Ratio YoY | -28.828 % | |
| Quick Ratio IPRWA | high: 2.11 median: 1.566 mean: 1.542 CE: 0.871 low: 0.768 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 21.485 | |
| Cost Of Debt | 0.85 % | |
| Interest Coverage Ratio | 1.763 | |
| Interest Coverage Ratio QoQ | 21.777 % | |
| Interest Coverage Ratio YoY | 0.041 % | |
| Interest Coverage Ratio IPRWA | high: 20.317 median: 8.846 mean: 8.058 CE: 1.763 low: -10.302 |
|
| Operating Cash Flow Ratio | 0.051 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 71.428 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 41.667 | |
| Dividend Payout Ratio | 0.024 | |
| Dividend Rate | $ 0.03 | |
| Dividend Yield | 0.001 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -1.504 % | |
| Revenue Growth | 6.034 % | |
| Revenue Growth QoQ | 0.0 % | |
| Revenue Growth YoY | 0.802 % | |
| Revenue Growth IPRWA | high: 22.018 % mean: 11.592 % median: 8.591 % CE: 6.034 % low: 3.112 % |
|
| Earnings Growth | 188.235 % | |
| Earnings Growth QoQ | -52.941 % | |
| Earnings Growth YoY | -13.473 % | |
| Earnings Growth IPRWA | CE: 188.235 % high: 162.222 % mean: 25.472 % median: 22.941 % low: -75.0 % |
|
| MARGINS | ||
| Gross Margin | 22.456 % | |
| Gross Margin QoQ | 12.134 % | |
| Gross Margin YoY | 6.275 % | |
| Gross Margin IPRWA | high: 55.127 % median: 44.071 % mean: 39.84 % CE: 22.456 % low: 6.1 % |
|
| EBIT Margin | 11.919 % | |
| EBIT Margin QoQ | 5.115 % | |
| EBIT Margin YoY | -3.271 % | |
| EBIT Margin IPRWA | high: 27.108 % median: 17.711 % mean: 15.865 % CE: 11.919 % low: -14.185 % |
|
| Return On Sales (ROS) | 10.865 % | |
| Return On Sales QoQ | 45.937 % | |
| Return On Sales YoY | 10.484 % | |
| Return On Sales IPRWA | high: 29.895 % median: 18.216 % mean: 16.188 % CE: 10.865 % low: -13.199 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 147.0 M | |
| Free Cash Flow Yield | 2.679 % | |
| Free Cash Flow Yield QoQ | 1650.98 % | |
| Free Cash Flow Yield YoY | -52.726 % | |
| Free Cash Flow Yield IPRWA | high: 3.874 % CE: 2.679 % mean: 1.16 % median: 0.65 % low: -3.553 % |
|
| Free Cash Growth | 1370.0 % | |
| Free Cash Growth QoQ | -1556.703 % | |
| Free Cash Growth YoY | -333.115 % | |
| Free Cash Growth IPRWA | CE: 1370.0 % high: 402.464 % median: 208.696 % mean: 197.013 % low: -391.667 % |
|
| Free Cash To Net Income | 1.176 | |
| Cash Flow Margin | 7.485 % | |
| Cash Flow To Earnings | 1.648 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.02 | |
| Return On Assets (ROA) | 0.579 % | |
| Return On Assets QoQ | 185.222 % | |
| Return On Assets YoY | -31.722 % | |
| Return On Assets IPRWA | high: 3.754 % median: 1.946 % mean: 1.433 % CE: 0.579 % low: -5.668 % |
|
| Return On Capital Employed (ROCE) | 1.885 % | |
| Return On Equity (ROE) | 0.03 | |
| Return On Equity QoQ | 177.008 % | |
| Return On Equity YoY | -20.467 % | |
| Return On Equity IPRWA | high: 0.073 median: 0.053 mean: 0.042 CE: 0.03 low: -0.114 |
|
| DuPont ROE | 3.038 % | |
| Return On Invested Capital (ROIC) | 1.871 % | |
| Return On Invested Capital QoQ | 95.507 % | |
| Return On Invested Capital YoY | 38.285 % | |
| Return On Invested Capital IPRWA | high: 5.223 % median: 2.614 % mean: 2.413 % CE: 1.871 % low: -2.063 % |
|