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Alternative stocks to Covestro (XTRA:1COV)


These are the alternatives to Covestro that fall within the same industry, Specialty Chemicals, or region, Germany.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

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See Covestro Performance

Covestro stock research in summary

covestro.de


Covestro shares are more expensive than other comparable stocks. While they show above average growth, they are riskily financed, and are poor value. We recommend evaluating whether the future of the company Covestro is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.


Latest Obermatt Ranks


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Country Germany
Industry Specialty Chemicals
Index
Size class XX-Large

Large companies - similar industry as Covestro

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. DSM (XL, NL)  Specialty Chemicals
1. DSM (XL, NL)   Specialty Chemicals 88 58 86 96
2. Elkem ASA (XL, NO)  Specialty Chemicals
2. Elkem ASA (XL, NO)   Specialty Chemicals 100 64 49 96
3. Arkema (XL, FR)  Specialty Chemicals
3. Arkema (XL, FR)   Specialty Chemicals 78 58 75 90
4. Evonik (XXL, DE)  Specialty Chemicals
4. Evonik (XXL, DE)   Specialty Chemicals 94 66 49 88
5. Synthomer (XL, GB)  Specialty Chemicals
5. Synthomer (XL, GB)   Specialty Chemicals 66 76 29 65
6. Wacker Chemie (XL, DE)  Specialty Chemicals
6. Wacker Chemie (XL, DE)   Specialty Chemicals 44 12 81 39
7. Umicore (XXL, BE)  Specialty Chemicals
7. Umicore (XXL, BE)   Specialty Chemicals 52 18 53 30
8. Symrise (XL, DE)  Specialty Chemicals
8. Symrise (XL, DE)   Specialty Chemicals 12 80 23 28
9. Johnson Matthey (XXL, GB)  Specialty Chemicals
9. Johnson Matthey (XXL, GB)   Specialty Chemicals 76 10 34 27
10. Clariant (XL, CH)  Specialty Chemicals
10. Clariant (XL, CH)   Specialty Chemicals 46 30 38 26

March 21, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Covestro

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Bilfinger (XL, DE)  Diversified Support Services
1. Bilfinger (XL, DE)   Diversified Support Services 77 84 93 100
2. Krones (XL, DE)  Industrial Machinery
2. Krones (XL, DE)   Industrial Machinery 60 88 87 100
3. Munich RE (XXL, DE)  Reinsurance
3. Munich RE (XXL, DE)   Reinsurance 35 86 100 96
4. Commerzbank (XXL, DE)  Diversified Banks
4. Commerzbank (XXL, DE)   Diversified Banks 86 78 76 96
5. thyssenkrupp (XXL, DE)  Steel
5. thyssenkrupp (XXL, DE)   Steel 97 35 86 96
6. Drägerwerk (XL, DE)  Health Care Equipment
6. Drägerwerk (XL, DE)   Health Care Equipment 99 23 83 95
7. MVV Energie (XL, DE)  Multi-Utilities
7. MVV Energie (XL, DE)   Multi-Utilities 90 61 89 94
8. United Internet (XL, DE)  Integrated Telecommunication
8. United Internet (XL, DE)   Integrated Telecommunication 96 39 49 94
9. HeidelbergCement (XXL, DE)  Construction Materials
9. HeidelbergCement (XXL, DE)   Construction Materials 88 90 42 93
10. Porsche Automobil SE (XL, DE)  Automobile Manufacturers
10. Porsche Automobil SE (XL, DE)   Automobile Manufacturers 85 56 81 93

March 21, 2024


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Mid sized companies - similar industry as Covestro

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. AlzChem Group (M, DE)  Specialty Chemicals
1. AlzChem Group (M, DE)   Specialty Chemicals 85 84 96 100
2. Uzin Utz (M, DE)  Specialty Chemicals
2. Uzin Utz (M, DE)   Specialty Chemicals 84 18 86 81
3. Victrex (M, GB)  Specialty Chemicals
3. Victrex (M, GB)   Specialty Chemicals 50 24 100 72
4. Borregaard (M, NO)  Specialty Chemicals
4. Borregaard (M, NO)   Specialty Chemicals 18 92 65 70
5. H&R (L, DE)  Specialty Chemicals
5. H&R (L, DE)   Specialty Chemicals 72 40 76 58
6. Elementis (L, GB)  Specialty Chemicals
6. Elementis (L, GB)   Specialty Chemicals 40 80 37 52
7. EMS-Chemie (L, CH)  Specialty Chemicals
7. EMS-Chemie (L, CH)   Specialty Chemicals 6 88 90 49
8. HEXPOL (L, SE)  Specialty Chemicals
8. HEXPOL (L, SE)   Specialty Chemicals 38 46 53 39
9. Novozymes (L, DK)  Specialty Chemicals
9. Novozymes (L, DK)   Specialty Chemicals 6 82 43 36
10. Gurit (M, CH)  Specialty Chemicals
10. Gurit (M, CH)   Specialty Chemicals 48 60 16 33

March 21, 2024


Mid sized companies - similar region as Covestro

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. HAEMATO (M, DE)  Health Care Distributors
1. HAEMATO (M, DE)   Health Care Distributors 90 68 100 100
2. AlzChem Group (M, DE)  Specialty Chemicals
2. AlzChem Group (M, DE)   Specialty Chemicals 85 84 96 100
3. KSB (L, DE)  Industrial Machinery
3. KSB (L, DE)   Industrial Machinery 98 78 96 100
4. Indus (L, DE)  Industrial Conglomerates
4. Indus (L, DE)   Industrial Conglomerates 94 73 81 100
5. 2G energy (M, DE)  Heavy Electrical Equipment
5. 2G energy (M, DE)   Heavy Electrical Equipment 47 61 100 100
6. PWO (M, DE)  Auto Parts & Equipment
6. PWO (M, DE)   Auto Parts & Equipment 100 32 93 100
7. Maschinenfabrik Berthold Hermle (M, DE)  Industrial Machinery
7. Maschinenfabrik Berthold Hermle (M, DE)   Industrial Machinery 88 78 100 100
8. Bertrandt (L, DE)  Research & Consulting
8. Bertrandt (L, DE)   Research & Consulting 92 94 74 100
9. M1 Kliniken (M, DE)  Health Care Facilities
9. M1 Kliniken (M, DE)   Health Care Facilities 70 90 96 100
10. DWS (L, DE)  Asset Management & Custody
10. DWS (L, DE)   Asset Management & Custody 89 88 83 100

March 21, 2024



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