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
$11.2b
Enterprise valuation
$14.2b (Public information from Sep 2024)
Share price
€58.44 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 % | 5 % | 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 | 11.3x | 8.3x | 6.8x |
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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