Eastman Chemical Stock Book Value Per Share

EMN Stock

USD 96.02 0.05 0.05%

Eastman Chemical fundamentals help investors to digest information that contributes to Eastman Chemical's financial success or failures. It also enables traders to predict the movement of Eastman Stock. The fundamental analysis module provides a way to measure Eastman Chemical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eastman Chemical stock.

	Last Reported	Projected for Next Year
Book Value Per Share	46.02	48.32
Tangible Book Value Per Share	6.29	6.60

As of the 19th of April 2024, Book Value Per Share is likely to grow to 48.32. Also, Tangible Book Value Per Share is likely to grow to 6.60.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Eastman Chemical Company Book Value Per Share Analysis

Eastman Chemical's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Eastman Chemical Book Value Per Share

46.53 X

Most of Eastman Chemical's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eastman Chemical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Eastman Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Eastman Chemical is extremely important. It helps to project a fair market value of Eastman Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Eastman Chemical's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eastman Chemical's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eastman Chemical's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Short Term Debt	Intangible Assets	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Term Investments	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.88	0.9	0.59	0.62	0.89	0.96	0.8	0.69	0.41	0.1	0.76	0.87	0.98	-0.54	0.87	-0.57	0.85	0.84	0.8	-0.61	-0.5	0.18	0.15	0.27	0.0	0.22	0.17
Total Stockholder Equity	0.88		0.62	0.76	0.73	0.94	0.7	0.85	0.64	0.53	0.21	0.42	0.57	0.83	-0.69	0.87	-0.13	0.56	0.87	0.68	-0.81	-0.39	0.45	0.23	0.5	-0.15	0.29	0.09
Net Debt	0.9	0.62		0.28	0.33	0.67	0.97	0.51	0.5	0.2	-0.04	0.94	0.99	0.94	-0.22	0.76	-0.85	0.95	0.61	0.78	-0.3	-0.59	-0.17	-0.05	-0.07	0.21	0.16	0.24
Retained Earnings	0.59	0.76	0.28		0.77	0.68	0.41	0.72	0.45	0.48	0.34	0.07	0.25	0.54	-0.96	0.68	0.15	0.36	0.83	0.57	-0.91	-0.26	0.58	0.49	0.72	-0.71	-0.02	-0.5
Accounts Payable	0.62	0.73	0.33	0.77		0.69	0.47	0.87	0.55	0.56	0.62	0.05	0.23	0.51	-0.87	0.6	0.09	0.25	0.83	0.36	-0.73	-0.29	0.66	0.74	0.69	-0.54	-0.16	-0.11
Net Receivables	0.89	0.94	0.67	0.68	0.69		0.75	0.89	0.59	0.54	0.16	0.51	0.63	0.84	-0.62	0.78	-0.22	0.62	0.8	0.67	-0.78	-0.39	0.35	0.21	0.42	-0.05	0.42	0.16
Total Liab	0.96	0.7	0.97	0.41	0.47	0.75		0.67	0.64	0.28	0.01	0.89	0.95	0.96	-0.38	0.77	-0.78	0.93	0.72	0.77	-0.41	-0.51	-0.01	0.07	0.09	0.1	0.15	0.19
Total Current Assets	0.8	0.85	0.51	0.72	0.87	0.89	0.67		0.71	0.55	0.35	0.31	0.44	0.69	-0.76	0.63	-0.09	0.45	0.83	0.53	-0.74	-0.18	0.52	0.49	0.58	-0.26	0.23	0.09
Common Stock	0.69	0.64	0.5	0.45	0.55	0.59	0.64	0.71		0.11	-0.11	0.43	0.47	0.61	-0.48	0.46	-0.32	0.47	0.71	0.37	-0.28	0.08	0.26	0.13	0.26	-0.08	0.02	0.1
Current Deferred Revenue	0.41	0.53	0.2	0.48	0.56	0.54	0.28	0.55	0.11		0.52	-0.01	0.13	0.36	-0.54	0.4	0.14	0.12	0.5	0.23	-0.69	-0.38	0.51	0.57	0.61	-0.24	0.01	0.09
Short Term Debt	0.1	0.21	-0.04	0.34	0.62	0.16	0.01	0.35	-0.11	0.52		-0.31	-0.18	0.05	-0.5	0.22	0.3	-0.2	0.27	0.13	-0.44	-0.2	0.41	0.88	0.56	-0.41	-0.42	0.03
Intangible Assets	0.76	0.42	0.94	0.07	0.05	0.51	0.89	0.31	0.43	-0.01	-0.31		0.97	0.82	0.02	0.55	-0.93	0.94	0.4	0.67	-0.07	-0.47	-0.41	-0.29	-0.33	0.39	0.22	0.26
Long Term Debt	0.87	0.57	0.99	0.25	0.23	0.63	0.95	0.44	0.47	0.13	-0.18	0.97		0.92	-0.16	0.72	-0.88	0.98	0.57	0.76	-0.26	-0.58	-0.22	-0.17	-0.13	0.23	0.22	0.18
Good Will	0.98	0.83	0.94	0.54	0.51	0.84	0.96	0.69	0.61	0.36	0.05	0.82	0.92		-0.46	0.89	-0.65	0.9	0.79	0.84	-0.57	-0.56	0.08	0.06	0.19	0.05	0.21	0.16
Treasury Stock	-0.54	-0.69	-0.22	-0.96	-0.87	-0.62	-0.38	-0.76	-0.48	-0.54	-0.5	0.02	-0.16	-0.46		-0.6	-0.19	-0.26	-0.83	-0.45	0.87	0.22	-0.66	-0.68	-0.79	0.76	0.19	0.46
Property Plant Equipment	0.87	0.87	0.76	0.68	0.6	0.78	0.77	0.63	0.46	0.4	0.22	0.55	0.72	0.89	-0.6		-0.36	0.73	0.84	0.8	-0.7	-0.65	0.32	0.14	0.42	-0.22	0.12	-0.05
Net Tangible Assets	-0.57	-0.13	-0.85	0.15	0.09	-0.22	-0.78	-0.09	-0.32	0.14	0.3	-0.93	-0.88	-0.65	-0.19	-0.36		-0.84	-0.22	-0.51	-0.18	0.42	0.51	0.28	0.42	-0.39	-0.02	-0.24
Long Term Debt Total	0.85	0.56	0.95	0.36	0.25	0.62	0.93	0.45	0.47	0.12	-0.2	0.94	0.98	0.9	-0.26	0.73	-0.84		0.62	0.78	-0.32	-0.59	-0.2	-0.14	-0.07	0.07	0.17	-0.02
Capital Surpluse	0.84	0.87	0.61	0.83	0.83	0.8	0.72	0.83	0.71	0.5	0.27	0.4	0.57	0.79	-0.83	0.84	-0.22	0.62		0.62	-0.75	-0.5	0.52	0.41	0.62	-0.48	-0.04	-0.22
Deferred Long Term Liab	0.8	0.68	0.78	0.57	0.36	0.67	0.77	0.53	0.37	0.23	0.13	0.67	0.76	0.84	-0.45	0.8	-0.51	0.78	0.62		-0.57	-0.43	0.02	0.04	0.16	-0.08	0.19	-0.05
Accumulated Depreciation	-0.61	-0.81	-0.3	-0.91	-0.73	-0.78	-0.41	-0.74	-0.28	-0.69	-0.44	-0.07	-0.26	-0.57	0.87	-0.7	-0.18	-0.32	-0.75	-0.57		0.36	-0.61	-0.5	-0.75	0.51	-0.14	0.25
Short Term Investments	-0.5	-0.39	-0.59	-0.26	-0.29	-0.39	-0.51	-0.18	0.08	-0.38	-0.2	-0.47	-0.58	-0.56	0.22	-0.65	0.42	-0.59	-0.5	-0.43	0.36		-0.07	-0.09	-0.15	0.14	0.03	0.11
Long Term Investments	0.18	0.45	-0.17	0.58	0.66	0.35	-0.01	0.52	0.26	0.51	0.41	-0.41	-0.22	0.08	-0.66	0.32	0.51	-0.2	0.52	0.02	-0.61	-0.07		0.43	0.82	-0.56	0.01	-0.2
Short Long Term Debt	0.15	0.23	-0.05	0.49	0.74	0.21	0.07	0.49	0.13	0.57	0.88	-0.29	-0.17	0.06	-0.68	0.14	0.28	-0.14	0.41	0.04	-0.5	-0.09	0.43		0.64	-0.58	-0.53	-0.15
Cash And Equivalents	0.27	0.5	-0.07	0.72	0.69	0.42	0.09	0.58	0.26	0.61	0.56	-0.33	-0.13	0.19	-0.79	0.42	0.42	-0.07	0.62	0.16	-0.75	-0.15	0.82	0.64		-0.7	-0.14	-0.35
Net Invested Capital	0.0	-0.15	0.21	-0.71	-0.54	-0.05	0.1	-0.26	-0.08	-0.24	-0.41	0.39	0.23	0.05	0.76	-0.22	-0.39	0.07	-0.48	-0.08	0.51	0.14	-0.56	-0.58	-0.7		0.44	0.85
Net Working Capital	0.22	0.29	0.16	-0.02	-0.16	0.42	0.15	0.23	0.02	0.01	-0.42	0.22	0.22	0.21	0.19	0.12	-0.02	0.17	-0.04	0.19	-0.14	0.03	0.01	-0.53	-0.14	0.44		0.3
Capital Stock	0.17	0.09	0.24	-0.5	-0.11	0.16	0.19	0.09	0.1	0.09	0.03	0.26	0.18	0.16	0.46	-0.05	-0.24	-0.02	-0.22	-0.05	0.25	0.11	-0.2	-0.15	-0.35	0.85	0.3

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Eastman Book Value Per Share Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Eastman Chemical book value per share as a starting point in their analysis.

Eastman Chemical Book Value Per Share

Timeline

The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Competition

Predict Eastman Chemical

Book Value Per Share Over Time

Eastman Common Stock Shares Outstanding

Common Stock Shares Outstanding

121.32 Million

At this time, Eastman Chemical's Common Stock Shares Outstanding is very stable compared to the past year.

In accordance with the recently published financial statements, the book value per share of Eastman Chemical is about 46.533 times. This is 90.75% lower than that of the Chemicals sector and notably higher than that of the Materials industry. The book value per share for all United States stocks is 97.59% higher than that of the company.

Eastman Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eastman Chemical's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eastman Chemical could also be used in its relative valuation, which is a method of valuing Eastman Chemical by comparing valuation metrics of similar companies.

Eastman Chemical is currently under evaluation in book value per share category among related companies.

Eastman Chemical ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Eastman Chemical's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Eastman Chemical's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Eastman Fundamentals

	Return On Equity	0.17
	Return On Asset	0.0456
	Profit Margin	0.1 %
	Operating Margin	0.08 %
	Current Valuation	15.86 B
	Shares Outstanding	117.6 M
	Shares Owned By Insiders	0.66 %
	Shares Owned By Institutions	86.49 %
	Number Of Shares Shorted	2.18 M
	Price To Earning	9.60 X
	Price To Book	2.11 X
	Price To Sales	1.25 X
	Revenue	9.2 B
	Gross Profit	2.18 B
	EBITDA	1.59 B
	Net Income	894 M
	Cash And Equivalents	493 M
	Cash Per Share	3.84 X
	Total Debt	4.97 B
	Debt To Equity	0.96 %
	Current Ratio	1.28 X
	Book Value Per Share	46.53 X
	Cash Flow From Operations	1.37 B
	Short Ratio	1.68 X
	Earnings Per Share	7.49 X
	Price To Earnings To Growth	1.14 X
	Target Price	100.84
	Number Of Employees	14 K
	Beta	1.56
	Market Capitalization	11.29 B
	Total Asset	14.63 B
	Retained Earnings	9.49 B
	Working Capital	905 M
	Current Asset	2.88 B
	Current Liabilities	2.06 B
	Annual Yield	0.03 %
	Five Year Return	2.92 %
	Net Asset	14.63 B
	Last Dividend Paid	3.18

About Eastman Chemical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eastman Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastman Chemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastman Chemical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Eastman Chemical Investors Sentiment

The influence of Eastman Chemical's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eastman. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Eastman Chemical's public news can be used to forecast risks associated with an investment in Eastman. The trend in average sentiment can be used to explain how an investor holding Eastman can time the market purely based on public headlines and social activities around Eastman Chemical. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Eastman Chemical's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Eastman Chemical's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Eastman Chemical's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Eastman Chemical.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eastman Chemical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eastman Chemical's short interest history, or implied volatility extrapolated from Eastman Chemical options trading.

Pair Trading with Eastman Chemical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eastman Chemical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eastman Chemical will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eastman Stock

0.85	DD	Dupont De Nemours Report 7th of May 2024	Pair Corr
0.93	FF	FutureFuel Corp	Pair Corr
0.78	ECVT	Ecovyst Financial Report 2nd of May 2024	Pair Corr

Moving against Eastman Stock

0.74

WDFC

WD 40 Company Financial Report 8th of July 2024

Pair Corr

The ability to find closely correlated positions to Eastman Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastman Chemical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eastman Chemical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eastman Chemical to buy it.

The correlation of Eastman Chemical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eastman Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastman Chemical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Eastman Chemical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Eastman Chemical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eastman Chemical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eastman Chemical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eastman Chemical Stock:

How To Invest In Eastman

Details

Is Eastman Stock a good investment?

Details

What is Eastman Chemical's Net Worth?

Details

Largest Diversified Chemicals Companies

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Largest Specialty Chemicals Companies

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Check out Eastman Chemical Piotroski F Score and Eastman Chemical Altman Z Score analysis.

To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Eastman Stock analysis

When running Eastman Chemical's price analysis, check to measure Eastman Chemical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastman Chemical is operating at the current time. Most of Eastman Chemical's value examination focuses on studying past and present price action to predict the probability of Eastman Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastman Chemical's price. Additionally, you may evaluate how the addition of Eastman Chemical to your portfolios can decrease your overall portfolio volatility.

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Is Eastman Chemical's industry 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.

Quarterly Earnings Growth

311.047

Dividend Share

3.18

Earnings Share

7.49

Revenue Per Share

77.656

Quarterly Revenue Growth

(0.07)

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.

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Eastman Chemical Stock Book Value Per Share

Eastman Chemical Company Book Value Per Share Analysis

Book Value per Share

Common Equity

Average Shares

Current Eastman Chemical Book Value Per Share

Eastman Book Value Per Share Driver Correlations

Eastman Book Value Per Share Historical Pattern

Eastman Common Stock Shares Outstanding

Common Stock Shares Outstanding

121.32 Million

Eastman Book Value Per Share Peer Comparison

Eastman Chemical ESG Sustainability

Eastman Fundamentals

About Eastman Chemical Fundamental Analysis

Eastman Chemical Investors Sentiment

Pair Trading with Eastman Chemical

Moving together with Eastman Stock

Moving against Eastman Stock

Complementary Tools for Eastman Stock analysis

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