Intrinsiqq
Eastman Chemical Company logoEastman Chemical CompanyEMN
$63.50+0.00%
Eastman Chemical Company logo

Eastman Chemical Company

EMN

$63.50

+$0.00 (+0.00%)

⊜ Compare
ProfitabilityThin marginsGrowthDecliningCash FlowHealthy conversionValuationFairly valued
What stands out

10.64% operating margin is respectable but not wide. ROIC at 7.78%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.

What's changing

Revenue declined 6.7% YoY. Margins deteriorated 3.3pp alongside, both lines moving the wrong way.

What deserves caution

Free cash flow declined 38% versus the prior year, cash generation momentum has weakened. ROIC dropped from 10.75% to 7.78%, capital efficiency is deteriorating.

Valuation context

16.5x earnings, 13.5x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.

Price History

+2.2%

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$7.26B
EPS$3.85
P/E16.49
P/FCF13.47
EV/EBITDA12.77
FCF Yield7.4%
Div. Yield5.26%
Net Debt/FCF8.4x
52-Week Range
$56.37$81.36

Profitability & Returns

Revenue (TTM)

$8.87B

▼ -6.7% YoY

Net Income (TTM)

$442M

▼ -47.6% YoY

Op. Margin

9.41%

▼ -3.3pp YoY

ROIC

6.70%

▼ -3.0pp YoY

Cash Flow & Balance Sheet

FCF (TTM)

$539M

▼ -38.4% YoY

Op. Cash Flow (TTM)

$991M

▼ -24.6% YoY

Net Debt

$4.53B

Cash & Equiv.

$691M

5Y CAGR: +0.7%

5Y CAGR: -16.9%

Continue Research

SourceComputed from the 10-Q filed 30 Jun 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 12 Oct 2026. How this is calculated.

Price from market data, last close as of 21 Oct 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.

Is Eastman Chemical (EMN) overvalued?

At a P/E of 16.5 and a price-to-free-cash-flow of 13.5, Eastman Chemical (EMN) trades above a two-stage DCF intrinsic value of about $41.76 per share, so at $63.50 the stock looks overvalued (34.2% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.

On quality, Eastman Chemical scores 51/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 5.3%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.

Frequently asked

What is Eastman Chemical's fair value?+

Intrinsiqq's two-stage DCF estimates an intrinsic value of about $41.76 per share for EMN, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $31.32. At today's $63.50, that puts the stock about 34.2% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.

Is Eastman Chemical a high-quality business?+

Eastman Chemical scores 51 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 9.4% operating margin and a 6.7% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.

Does Eastman Chemical (EMN) pay a dividend, and how much?+

Yes, Eastman Chemical pays a regular dividend of about $3.31 per share per year (typically in quarterly installments), a yield of roughly 5.3% at the current price. That is a payout ratio of about 86.4% of earnings, so the dividend is stretched at this level. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For EMN's full payout history, growth streak and dividend-safety score, see the dividends tab.

Is Eastman Chemical a good stock to buy right now?+

That depends on valuation and quality together, not either alone. EMN currently trades above its estimated intrinsic value and scores 51/100 on quality (mixed). It also yields about 5.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.

Related stocks: Plastic Materials, Synth Resins & Nonvulcan Elastomers

Spot a number that looks wrong? Check it in EMN's SEC filings or

Download this analysis as a PDF (Pro)

Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Not financial advice. Analytical data for research only.

Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.