What is Celanese Corp worth?
With the base-case assumptions below, a discounted cash flow model on Celanese Corp's reported free cash flow gives $94.90 per share. The share price was $47.09 on September 25, 2026, 50% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 6.0% | 10.0% | $20.12 | -57% |
| Base | 11.0% | 9.0% | $94.90 | +102% |
| Bull | 16.0% | 8.0% | $234.35 | +398% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $150.34 | $167.48 | $188.42 | $214.60 | $248.26 |
| 8.0% | $108.81 | $119.92 | $133.06 | $148.81 | $168.08 |
| 9.0% | $78.54 | $86.14 | $94.90 | $105.13 | $117.22 |
| 10.0% | $55.54 | $60.94 | $67.07 | $74.07 | $82.14 |
| 11.0% | $37.51 | $41.47 | $45.90 | $50.88 | $56.52 |
Where the presets come from
Base: years 1 to 5 grow at Celanese Corp's revenue growth rate over the last 5 fiscal years (11.0% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions