Covestro
Covestro – A leader in polymer solutions mainly in the automotive, construction, wood processing and furniture, and electrical and electronics industries.
Launch date
Employees
Market cap
AUD18.0b
Enterprise valuation
AUD22.6b (Public information from Sep 2024)
Share price
€54.84 1COV.F
Leverkusen Nordrhein-Westfalen (HQ & founding location)
Financials
Estimates*
EUR | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 10.7b | 15.9b | 18.0b | 14.4b | 14.5b | 15.3b | 16.0b |
% growth | (14 %) | 49 % | 13 % | (20 %) | 1 % | 6 % | 5 % |
EBITDA | 1.5b | 3.1b | 1.7b | 1.1b | 1.2b | 1.6b | 1.9b |
% EBITDA margin | 14 % | 19 % | 9 % | 8 % | 8 % | 10 % | 12 % |
Profit | 459m | 1.6b | (272m) | (198m) | (47.9m) | 396m | 642m |
% profit margin | 4 % | 10 % | (2 %) | (1 %) | - | 3 % | 4 % |
EV / revenue | 0.9x | 0.8x | 0.5x | 0.9x | 0.9x | 0.8x | 0.8x |
EV / EBITDA | 6.8x | 3.9x | 5.7x | 11.2x | 11.2x | 8.2x | 6.7x |
R&D budget | 262m | 341m | 361m | 374m | - | - | - |
R&D % of revenue | 2 % | 2 % | 2 % | 3 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
€1.0b | Secondary | ||
Total Funding | - |
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