Illegal Activity
none
Blackmail
none
Date
2014-07-29
Document Type
report
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document is a valuation report for Eastman Chemical, setting a target price of $100 based on its earnings and comparison to Dow Chemical. It also discusses risks to the forecast, including increased leverage and raw material price fluctuations.
Metadata
- Subject
- Eastman Chemical Valuation
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0102758
- Date
- 2014-07-29
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Eastman Chemical | peer | Dow | Eastman is compared to Dow as a differentiated chemical peer. |
| Eastman Chemical | acquisition | Solutia | Eastman acquired Solutia and is integrating it. |
Notable Quotes 2
Our $100 target is based on Eastman trading at 13x 2015E EPS in 12 months, a 12% discount to its closest differentiated chemical peer Dow, which trades at 14.8x '15E EPS.
With the new Eastman becoming a more consistent, stable and predictable earnings generator, we believe Eastman's discount versus its main differentiated peer, DOW will begin to close.
Financial Information
Amounts:$10013x14.8x11.2%2.8x
Transactions:
- Eastman trading at 13x 2015E EPS
- Solutia acquisition synergies
- return on invested capital of 11.2% in 2013E and 11.2% in 2014E
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 4
Eastman ChemicalDowSolutiaDeutsche Bank Securities Inc.
Locations 1
US Gulf Coast
Text Analysis
- Tone
- Professional
- Purpose
- To provide a valuation analysis of Eastman Chemical.
- Significance
- The document provides a target price for Eastman Chemical based on its financial performance and comparison to its peers.
File Info
- File Name
- EFTA01447961.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:07.457723
- DOJ Source
- View on DOJ