Covestro AG
Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain … Read more
Covestro AG (CVVTF) - Net Assets
Latest net assets as of September 2025: $6.12 Billion USD
Based on the latest financial reports, Covestro AG (CVVTF) has net assets worth $6.12 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.25 Billion) and total liabilities ($7.13 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.12 Billion |
| % of Total Assets | 46.2% |
| Annual Growth Rate | 8.25% |
| 5-Year Change | 18.34% |
| 10-Year Change | 84.91% |
| Growth Volatility | 32.38 |
Covestro AG - Net Assets Trend (2012–2024)
This chart illustrates how Covestro AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Covestro AG (2012–2024)
The table below shows the annual net assets of Covestro AG from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.68 Billion | +0.92% |
| 2023-12-31 | $6.62 Billion | -7.08% |
| 2022-12-31 | $7.12 Billion | -8.25% |
| 2021-12-31 | $7.76 Billion | +37.53% |
| 2020-12-31 | $5.64 Billion | +7.42% |
| 2019-12-31 | $5.25 Billion | -2.25% |
| 2018-12-31 | $5.38 Billion | +0.19% |
| 2017-12-31 | $5.37 Billion | +27.25% |
| 2016-12-31 | $4.22 Billion | +16.72% |
| 2015-12-31 | $3.61 Billion | +102.13% |
| 2014-12-31 | $1.79 Billion | -35.70% |
| 2013-12-31 | $2.78 Billion | +7.75% |
| 2012-12-31 | $2.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Covestro AG's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 217100000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.17 Billion | 32.61% |
| Common Stock | $189.00 Million | 2.84% |
| Other Comprehensive Income | $4.30 Billion | 64.55% |
| Total Equity | $6.66 Billion | 100.00% |
Covestro AG Competitors by Market Cap
The table below lists competitors of Covestro AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MTU Aero Engines NA O.N.
LSE:0FC9
|
$10.13 Billion |
|
Universal Health Services Inc
NYSE:UHS
|
$10.14 Billion |
|
DS Smith PLC
PINK:DITHF
|
$10.15 Billion |
|
Lenovo Group
PINK:LNVGF
|
$10.16 Billion |
|
Solventum Corp.
NYSE:SOLV
|
$10.12 Billion |
|
TMX Group Limited
PINK:TMXXF
|
$10.11 Billion |
|
New China Life Insurance Company Ltd
PINK:NWWCF
|
$10.11 Billion |
|
Intertek Group plc
PINK:IKTSF
|
$10.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Covestro AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,590,000,000 to 6,658,000,000, a change of 68,000,000 (1.0%).
- Net loss of 266,000,000 reduced equity.
- Dividend payments of 1,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,928,000,000.
- Other factors decreased equity by 3,593,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-266.00 Million | -4.0% |
| Dividends Paid | $1.00 Million | -0.02% |
| Other Comprehensive Income | $3.93 Billion | +59.0% |
| Other Changes | $-3.59 Billion | -53.97% |
| Total Change | $- | 1.03% |
Book Value vs Market Value Analysis
This analysis compares Covestro AG's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.70x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.48x to 1.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $10.95 | $59.99 | x |
| 2013-12-31 | $11.82 | $59.99 | x |
| 2014-12-31 | $12.64 | $59.99 | x |
| 2015-12-31 | $23.22 | $59.99 | x |
| 2016-12-31 | $20.69 | $59.99 | x |
| 2017-12-31 | $26.36 | $59.99 | x |
| 2018-12-31 | $27.71 | $59.99 | x |
| 2019-12-31 | $28.50 | $59.99 | x |
| 2020-12-31 | $30.32 | $59.99 | x |
| 2021-12-31 | $39.84 | $59.99 | x |
| 2022-12-31 | $37.11 | $59.99 | x |
| 2023-12-31 | $34.82 | $59.99 | x |
| 2024-12-31 | $35.28 | $59.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Covestro AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.88%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 2.05x
- Recent ROE (-4.00%) is below the historical average (12.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 10.18% | 2.25% | 1.11x | 4.08x | $4.50 Million |
| 2013 | 6.50% | 1.58% | 1.12x | 3.66x | $-96.90 Million |
| 2014 | 15.37% | 2.31% | 1.13x | 5.87x | $95.00 Million |
| 2015 | 9.54% | 2.84% | 1.15x | 2.93x | $-16.60 Million |
| 2016 | 18.98% | 6.68% | 1.16x | 2.44x | $376.10 Million |
| 2017 | 37.66% | 14.21% | 1.25x | 2.13x | $1.48 Billion |
| 2018 | 34.13% | 12.47% | 1.32x | 2.07x | $1.29 Billion |
| 2019 | 10.60% | 4.45% | 1.08x | 2.21x | $31.30 Million |
| 2020 | 8.19% | 4.29% | 0.83x | 2.30x | $-101.70 Million |
| 2021 | 21.00% | 10.16% | 1.02x | 2.02x | $846.40 Million |
| 2022 | -3.84% | -1.51% | 1.23x | 2.06x | $-980.60 Million |
| 2023 | -3.00% | -1.38% | 1.05x | 2.07x | $-857.00 Million |
| 2024 | -4.00% | -1.88% | 1.04x | 2.05x | $-931.80 Million |
Industry Comparison
This section compares Covestro AG's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Covestro AG (CVVTF) | $6.12 Billion | 10.18% | 1.16x | $10.12 Billion |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |