The Chemours Company (CC) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-27.0%

$9.86

vs $13.51 price

Levered DCF

-$23.36

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

1.17

Distress zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-4.59×	29.14×	-19.71×	8.23×	9.09×	18.64×	-56.53×	5.02×
P/B	7.09×	4.18×	6.37×	4.3×	5.12×	5.02×	4.33×	4.93×
P/S	0.31×	0.44×	0.77×	0.7×	0.87×	0.82×	0.54×	0.75×
EV / EBITDA	17.13×	8.91×	39.56×	6.31×	6.85×	9.46×	8.59×	5.03×
Gross margin	15.5%	19.9%	21.5%	23.7%	21.8%	21.5%	19.2%	29.7%
Operating margin	-0.1%	7.7%	-2.0%	11.5%	10.6%	9.0%	8.1%	18.6%
Net margin	-6.6%	1.5%	-3.9%	8.5%	9.6%	4.4%	-0.9%	15.0%
Current ratio	1.78×	1.68×	1.54×	1.7×	1.8×	1.83×	1.8×	1.93×
Debt / equity	18.34×	7.21×	5.83×	3.5×	3.69×	5.26×	6.49×	3.92×
Interest coverage	-0.02×	1.68×	-0.59×	4.82×	3.64×	2.13×	2.15×	6.32×
Dividend yield	4.4%	5.9%	3.2%	3.2%	3.0%	4.0%	5.5%	3.0%
Payout ratio	-20.2%	172.1%	-62.6%	26.6%	27.0%	74.9%	-315.4%	14.9%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-154.4%	14.2%	-32.3%	52.2%	56.2%	26.9%	-7.5%	98.1%
Return on invested capital	-0.1%	5.2%	-1.6%	10.5%	10.5%	7.8%	-19.6%	18.8%
Return on assets	-5.2%	1.1%	-2.9%	7.6%	8.1%	3.1%	-0.7%	13.5%
Free cash flow yield	2.9%	-39.3%	4.0%	9.4%	9.7%	13.2%	5.7%	12.9%
Earnings yield	-21.8%	3.4%	-5.1%	12.2%	11.0%	5.4%	-1.7%	19.9%
Enterprise value	$5.7B	$6.2B	$7.8B	$7.5B	$8.1B	$7.3B	$6.5B	$7.8B
Net debt / EBITDA	11.79×	5.26×	15.72×	2.32×	2.15×	4.14×	4.65×	1.8×
Cash conversion cycle (days)	90	76	53	47	38	49	59	48