Covestro AG
1COV.DE · XETRA · EUR · Market cap $11.3B · 17,806 employees
Covestro AG operates as a supplier of polymer materials and application solutions.
PASS · Titan Ethical · score 70.0Screen close, 2026-06-14 · not a live quote
Last reviewed 114 days ago
Screened 2026-06-14 · the tape above runs as of 19:04 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
A price-versus-fair-value chart appears here once we hold enough history for this name.
- Trend Unlabelled
- Insiders no filings inside 60 days, left as found
- Positioning no disclosures inside 60 days, left as found
- Options no verdict drawn today, left as found
- Ethical passes the values gate
This name is unlabelled today.
Covestro AG sits unlabelled at $59.98. The next dated read will name it.
| Phase | Unlabelled |
| Price at the screen | $59.98 |
| Valuation | N/A trailing · 62.00 forward price to earnings |
| Values screen | PASS · score 70.0 |
| Beta | 0.92 |
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
| Test | Figure | Limit | What it means | Status |
|---|---|---|---|---|
| Business activity | Permissible | Core business clean | Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending. | Pass |
| Debt load | 23.28% | Below 33% | Interest-bearing debt is just 23.3% of its assets, well under the one-third ceiling: it does not run on borrowed money. | Pass |
| Interest-bearing cash | 4.81% | Below 33% | Cash held in interest-bearing accounts and securities is 4.8% of assets, under the one-third limit. | Pass |
| Receivables | 11.16% | Below 49% | Money owed to the company is 11.2% of assets, under the 49% limit. | Pass |
| Revenue purity | 1.01% | Below 5% | Only 1.0% of revenue comes from non-compliant sources, under the 5% line. | Pass |
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical ReadWhy It Clears, in Plain English
Covestro clears all five screens. Its business is in a permissible area, its interest-bearing debt is about 23%, inside the ~33% line, and interest is about 1% of its income, under the ~5% line, so it passes.
Read as at 2026-10-04. It updates when the underlying figures move, and past reads are kept below.
What the Numbers Say It Is WorthThe Fair Value Range
Our framework reads AVOID: it trades above our $33.83 fair value estimate.
Fair value range in EUR, drawn from the 2026-06-14 screen. The gold marker is the market price at the same screen. The price runs 43.6% above the base estimate.
Reading the gap · Both our model and the Street see limited upside at this price.
Price History & ProjectionsWhere it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-06-14 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain WordsWhy it gives us pause
At 62.0x forward earnings, the price already runs ahead of the business. It trades 44% above our $33.83 fair value, so you would be buying at a premium, not a discount.
| Forward P/E | 62.0xexpensive: the price assumes strong growth ahead |
| EPS, trailing | -2.43 |
| EPS, forward | 0.97 |
| Revenue growth | -13.7%revenue is shrinking |
| Profit margin | -5.0%currently unprofitable |
| Return on equity | -9.4%not currently earning a positive return on equity |
| FCF yield | -4.23% |
| Debt to equity | 0.45minimal debt: a conservative balance sheet |
| Beta | 0.92steadier than the market |
| 52-week range | 53.52 - 61.00 |
| Market cap | $11.3B |
| Employees | 17,806 |
The risks · The things to watch: its business and earnings are exposed to Germany and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade1COV.DE trades on XETRA (the company is based in Germany). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
This entry now belongs to the ledger. Whatever 1COV.DE does next, these words stay.
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