| Company Name: | Eastman Chemical Company | | Ticker Symbol: | EMN | | | WWW Address: | www.eastman.com | | CEO: | J. Brian Ferguson | | No. of Employees: | 10,500 | | Common Issue Type: | CS | | Business Description: | A global chemical company, which manufactures and sells a portfolio of chemicals, plastics and fibers.
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| | | Industry Information: | CHEMICALS - Chemicals - Major Diversified [more like this] |
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| Price | Day Change | Bid | Ask | Open | High | Low | Volume | | 59.34 |  0.58 | 59.01 | 59.62 | 59.59 | 58.95 | 57.77 | 806445 |
| Market Cap (mil) | Shares Outstanding (mil) | Beta | EPS | DPS | P/E | Yield | 52-Wks-Range |
| 4,314.0 | 72.7 | 1.93 | 4.55 | 1.76 | 28.0 | 3.0 | 60.45 - 17.76 |
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| KEY FIGURES (Latest Twelve Months - LTM) | | Yesterday's Close | 58.76 | $ | | PE Ratio - LTM | 28.0 | |
| Market Capitalisation | 4,272.3 | mil |
| Latest Shares Outstanding | 72.7 | mil |
| Earnings pS (EPS) | 4.55 | $ |
| Dividend pS (DPS) | 1.76 | ¢ |
| Dividend Yield | 3.0 | % |
| Dividend Payout Ratio | 39 | % |
| Revenue per Employee | 640,571 | $ |
| Effective Tax Rate | 23.5 | % |
| Float | 72.1 | mil |
| Float as % of Shares Outstanding | 99.2 | % |
| Foreign Sales | 2,761 | mil |
| Domestic Sales | 3,965 | mil |
| Selling, General & Adm/tive (SG&A) as % of Revenue | 7.70 | % |
| Research & Devlopment (R&D) as % of Revenue | 2.70 | % |
| Gross Profit Margin | 23.4 | % |
| EBITDA Margin | 12.9 | % |
| Pre-Tax Profit Margin | 5.0 | % |
| Assets Turnover | 0.9 | % |
| Return on Assets (ROA) | 3.0 | % |
| Return on Equity (ROE) | 10.1 | % |
| Return on Capital Invested (ROCI) | 5.4 | % |
| Current Ratio | 1.9 | |
| Leverage Ratio (Assets/Equity) | 3.4 | |
| Interest Cover | 7.7 | |
| Total Debt/Equity (Gearing Ratio) | 0.88 | |
| LT Debt/Total Capital | 47.0 | % |
| Working Capital pS | 10.34 | $ |
| Cash pS | 9.19 | $ |
| Book-Value pS | 22.62 | $ |
| Tangible Book-Value pS | 18.14 | $ |
| Cash Flow pS | 6.01 | $ |
| Free Cash Flow pS | 5.25 | $ |
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| KEY FIGURES (LTM): Price info |
| Price/Book Ratio | 2.60 | |
| Price/Tangible Book Ratio | 3.24 | |
| Price/Cash Flow | 9.8 | |
| Price/Free Cash Flow | 11.2 | |
| P/E as % of Industry Group | 86.0 | % |
| P/E as % of Sector Segment | 41.0 | % |
| | | Balance Sheet (at a glance) in Millions |
| | | | | | DIVIDEND INFO | | Dividend Declared Date | 08/06/2009 |
| Dividend Ex-Date | 09/09/2009 |
| Dividend Record Date | 09/13/2009 |
| Dividend Pay Date | 09/30/2009 |
| Dividend Amount | 440 |
| Type of Payment | Cash Payment |
| Dividend Rate | 1.76 |
| Current Dividend Yield | 3.0 |
| 5-Y Average Dividend Yield | 3.6 |
| Payout Ratio | 39.0 |
| 5-Y Average Payout Ratio | 46.0 |
|  | | Share price performance previous 3 years |
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 | | | Share price performance intraday |
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| PRICE/VOLUME | High | Low | Close | % Price Chg | % Price Chg vs. Mkt. | Avg. Daily Vol | Total Vol |
| 1 Week | - | - | - | 0.0 | 100 | 13,144 | 66,183 |
| 4 Weeks | 60.45 | 52.11 | 55.14 | 6.6 | 105 | 12,340 | 246,810 |
| 13 Weeks | 60.45 | 49.59 | 55.02 | 6.8 | 100 | 10,673 | 683,067 |
| 26 Weeks | 60.45 | 34.57 | 40.72 | 44.3 | 117 | 10,574 | 1,342,893 |
| 52 Weeks | 60.45 | 17.76 | 27.35 | 114.8 | 157 | 11,888 | 2,983,839 |
| YTD | 60.45 | 17.76 | - | 85.3 | 153 | 11,919 | 2,681,720 |
| Moving Average | 5-Days | 10-Days | 10-Weeks | 30-Weeks | 200-Days | Beta (60-Mnth) | Beta (36-Mnth) |
| 59.32 | 59.07 | 55.35 | 47.92 | 42.05 | 1.93 | 1.98 |
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| GROWTH RATES | 5-Year
Growh | R² of 5-Year Growth | 3-Year
Growth |
| Revenue | -2.98 | 23.2 | -9.27 |
| Income | 1.09 | 0.2 | -16.76 |
| Dividend | 0.02 | 3.6 | -0.02 |
| Capital Spending | 24.88 | NA | 27.15 |
| R&D | -1.78 | NA | -4.23 |
| Normalized Inc. | -6.84 | NA | -15.07 |
| | | CHANGES | YTD vs.
Last YTD | Curr Qtr vs.
Qtr 1-Yr ago | Annual vs.
Last Annual |
| Revenue % | -30.9 | -26.5 | -1.5 |
| Earnings % | -51.7 | 1.0 | 15.3 |
| EPS % | -49.1 | 3.8 | 27.1 |
| EPS $ | -2.21 | 0.05 | 0.97 |
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| SOLVENCY RATIOS | | SHORT-TERM SOLVENCY RATIOS (LIQUIDITY) |
| Net Working Capital Ratio | 11.19 |
| Current Ratio | 1.7 |
| Quick Ratio (Acid Test) | 0.9 |
| Liquidity Ratio (Cash) | 0.47 |
| Receivables Turnover | 13.3 |
| Average Collection Period | 27 |
| Working Capital/Equity | 38.1 |
| Working Capital pS | 8.16 |
| Cash-Flow pS | 8.46 |
| Free Cash-Flow pS | -2.26 |
| FINANCIAL STRUCTURE RATIOS |
| Altman's Z-Score Ratio | 2.56 |
| Financial Leverage Ratio (Assets/Equity) | 3.4 |
| Debt Ratio | 70.6 |
| Total Debt/Equity (Gearing Ratio) | 0.94 |
| LT Debt/Equity | 0.93 |
| LT Debt/Capital Invested | 96.7 |
| LT Debt/Total Liabilities | 38.7 |
| Interest Cover | 7.1 |
| Interest/Capital Invested | 1.57 |
| | | | VALUATION RATIOS | | MULTIPLES |
| PQ Ratio | 4.51 |
| Tobin's Q Ratio | 0.81 |
| Current P/E Ratio - LTM | 28.00 |
| Enterprise Value (EV)/EBITDA | 9.33 |
| Enterprise Value (EV)/Free Cash Flow | -64.70 |
| Dividend Yield | 3.0 |
| Price/Tangible Book Ratio - LTM | 3.24 |
| Price/Book Ratio - LTM | 2.60 |
| Price/Cash Flow Ratio | 9.8 |
| Price/Free Cash Flow Ratio - LTM | 11.2 |
| Price/Sales Ratio | 0.84 |
| P/E Ratio (1 month ago) - LTM | 26.7 |
| P/E Ratio (26 weeks ago) - LTM | 15.4 |
| P/E Ratio (52 weeks ago) - LTM | 4.8 |
| 5-Y High P/E Ratio | 26.7 |
| 5-Y Low P/E Ratio | 5.7 |
| 5-Y Average P/E Ratio | 14.0 |
| Current P/E Ratio as % of 5-Y Average P/E | 199 |
| P/E as % of Industry Group | 86.0 |
| P/E as % of Sector Segment | 41.0 |
| Current 12 Month Normalized P/E Ratio - LTM | 21.8 |
| PER SHARE FIGURES |
| LT Debt pS | 19.90 |
| Current Liabilities pS | 11.48 |
| Tangible Book Value pS - LTM | 18.14 |
| Book Value pS - LTM | 22.62 |
| Capital Invested pS | 41.19 |
| Cash pS - LTM | 9.19 |
| Cash Flow pS - LTM | 6.01 |
| Free Cash Flow pS - LTM | 5.25 |
| Earnings pS (EPS) | 4.55 |
| | | | OPERATING RATIOS | | PROFITABILITY RATIOS |
| Free Cash Flow Margin | -2.44 |
| Free Cash Flow Margin 5YEAR AVG | 0.86 |
| Net Profit Margin | 5.1 |
| Net Profit Margin - 5YEAR AVRG. | 5.1 |
| Equity Productivity | 4.33 |
| Return on Equity (ROE) | 22.3 |
| Return on Equity (ROE) - 5YEAR AVRG. | 21.1 |
| Capital Invested Productivity | 2.25 |
| Return on Capital Invested (ROCI) | 11.6 |
| Return on Capital Invested (ROCI) - 5YEAR AVRG. | 10.7 |
| Assets Productivity | 1.20 |
| Return on Assets (ROA) | 6.6 |
| Return on Assets (ROA) - 5YEAR AVRG. | 6.1 |
| Gross Profit Margin | 23.4 |
| Gross Profit Margin - 5YEAR AVRG. | 21.7 |
| EBITDA Margin - LTM | 12.9 |
| EBIT Margin - LTM | 5.7 |
| Pre-Tax Profit Margin | 6.4 |
| Pre-Tax Profit Margin - 5YEAR AVRG. | 6.7 |
| Effective Tax Rate | 23.5 |
| Effective Tax Rate - 5YEAR AVRG. | -10.5 |
| EFFICIENCY RATIOS |
| Cash Conversion Cycle | 59 |
| Revenue per Employee | 640,571 |
| Net Income per Employee | 32,952 |
| Average Collection Period | 19 |
| Receivables Turnover | 13.3 |
| Day's Inventory Turnover Ratio | 40 |
| Inventory Turnover | 9.1 |
| Inventory/Sales | 9.5 |
| Accounts Payble/Sales | 12.18 |
| Assets/Revenue | 0.83 |
| Net Working Capital Turnover | 11.38 |
| Fixed Assets Turnover | 1.74 |
| Total Assets Turnover | 1.2 |
| Revenue per $ Cash | 17.38 |
| Revenue per $ Plant | 2.10 |
| Revenue per $ Common Equity | 4.33 |
| Revenue per $ Capital Invested | 2.25 |
| Selling, General & Adm/tive (SG&A) as % of Revenue | 6.2 |
| SG&A Expense as % of Revenue - 5YEAR AVRG. | 6.3 |
| Research & Devlopment (R&D) as % of Revenue | 2.3 |
| R&D Expense as % of Revenue - 5YEAR AVRG. | 2.3 |
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