ECOVYST INC (ECVT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ECVT - US27923Q1094 - Common Stock
9.59 USD
+0.05 (+0.52%)
9.59 USD
0 (0%)
ECVT gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 84 industry peers in the Chemicals industry. While ECVT seems to be doing ok healthwise, there are quite some concerns on its profitability. ECVT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
ECVT had positive earnings in the past year.
In the past year ECVT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ECVT reported negative net income in multiple years.
In the past 5 years ECVT always reported a positive cash flow from operatings.
1.2 Ratios
ECVT has a worse Return On Assets (-6.16%) than 73.81% of its industry peers.
ECVT has a Return On Equity of -17.58%. This is in the lower half of the industry: ECVT underperforms 70.24% of its industry peers.
The Return On Invested Capital of ECVT (4.78%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for ECVT is in line with the industry average of 6.09%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.16% | ||
| ROE | -17.58% | ||
| ROIC | 4.78% |
ROA(3y)2.47%
ROA(5y)-1.71%
ROE(3y)6.52%
ROE(5y)-4.23%
ROIC(3y)5.69%
ROIC(5y)4.4%
1.3 Margins
ECVT has a Operating Margin of 11.78%. This is in the better half of the industry: ECVT outperforms 64.29% of its industry peers.
ECVT's Operating Margin has improved in the last couple of years.
The Gross Margin of ECVT (24.21%) is comparable to the rest of the industry.
ECVT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.78% | ||
| PM (TTM) | N/A | ||
| GM | 24.21% |
OM growth 3Y11.88%
OM growth 5Y1.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.35%
GM growth 5Y-1.84%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ECVT is destroying value.
Compared to 1 year ago, ECVT has more shares outstanding
Compared to 5 years ago, ECVT has less shares outstanding
The debt/assets ratio for ECVT is higher compared to a year ago.
2.2 Solvency
ECVT has an Altman-Z score of 1.09. This is a bad value and indicates that ECVT is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.09, ECVT is doing worse than 72.62% of the companies in the same industry.
The Debt to FCF ratio of ECVT is 11.56, which is on the high side as it means it would take ECVT, 11.56 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 11.56, ECVT is doing good in the industry, outperforming 61.90% of the companies in the same industry.
ECVT has a Debt/Equity ratio of 1.39. This is a high value indicating a heavy dependency on external financing.
ECVT has a Debt to Equity ratio of 1.39. This is in the lower half of the industry: ECVT underperforms 72.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | 11.56 | ||
| Altman-Z | 1.09 |
ROIC/WACC0.55
WACC8.67%
2.3 Liquidity
ECVT has a Current Ratio of 2.25. This indicates that ECVT is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of ECVT (2.25) is better than 61.90% of its industry peers.
A Quick Ratio of 2.07 indicates that ECVT has no problem at all paying its short term obligations.
ECVT has a better Quick ratio (2.07) than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.07 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.38% over the past year.
ECVT shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.01% yearly.
The Revenue has been growing slightly by 7.74% in the past year.
The Revenue has been growing slightly by 5.75% on average over the past years.
EPS 1Y (TTM)15.38%
EPS 3Y4.38%
EPS 5Y-9.01%
EPS Q2Q%35.71%
Revenue 1Y (TTM)7.74%
Revenue growth 3Y4.85%
Revenue growth 5Y5.75%
Sales Q2Q%14.34%
3.2 Future
Based on estimates for the next years, ECVT will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.42% on average per year.
Based on estimates for the next years, ECVT will show a small growth in Revenue. The Revenue will grow by 4.21% on average per year.
EPS Next Y-12.13%
EPS Next 2Y6.02%
EPS Next 3Y15.42%
EPS Next 5YN/A
Revenue Next Year4.36%
Revenue Next 2Y3.02%
Revenue Next 3Y4.21%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.98, the valuation of ECVT can be described as correct.
ECVT's Price/Earnings ratio is a bit cheaper when compared to the industry. ECVT is cheaper than 61.90% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.39, ECVT is valued a bit cheaper.
A Price/Forward Earnings ratio of 14.71 indicates a correct valuation of ECVT.
The rest of the industry has a similar Price/Forward Earnings ratio as ECVT.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, ECVT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.98 | ||
| Fwd PE | 14.71 |
4.2 Price Multiples
ECVT's Enterprise Value to EBITDA is on the same level as the industry average.
ECVT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ECVT is cheaper than 76.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.79 | ||
| EV/EBITDA | 11.06 |
4.3 Compensation for Growth
ECVT's earnings are expected to grow with 15.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y6.02%
EPS Next 3Y15.42%
5. Dividend
5.1 Amount
ECVT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
9.59
+0.05 (+0.52%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners106.12%
Inst Owner Change-0.2%
Ins Owners1.47%
Ins Owner Change-0.09%
Market Cap1.09B
Revenue(TTM)749.19M
Net Income(TTM)-106.87M
Analysts81.67
Price Target11.65 (21.48%)
Short Float %4.47%
Short Ratio4.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.02%
Min EPS beat(2)19.79%
Max EPS beat(2)20.26%
EPS beat(4)4
Avg EPS beat(4)45.97%
Min EPS beat(4)15.13%
Max EPS beat(4)128.72%
EPS beat(8)4
Avg EPS beat(8)16.25%
EPS beat(12)7
Avg EPS beat(12)11.96%
EPS beat(16)10
Avg EPS beat(16)10.9%
Revenue beat(2)0
Avg Revenue beat(2)-2.57%
Min Revenue beat(2)-3.26%
Max Revenue beat(2)-1.89%
Revenue beat(4)0
Avg Revenue beat(4)-4.59%
Min Revenue beat(4)-7.53%
Max Revenue beat(4)-1.89%
Revenue beat(8)0
Avg Revenue beat(8)-4.28%
Revenue beat(12)0
Avg Revenue beat(12)-4.7%
Revenue beat(16)4
Avg Revenue beat(16)-2.38%
PT rev (1m)-6.16%
PT rev (3m)-4.86%
EPS NQ rev (1m)9.82%
EPS NQ rev (3m)-38.33%
EPS NY rev (1m)0.34%
EPS NY rev (3m)-22.35%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)-14.05%
Revenue NY rev (1m)-1.14%
Revenue NY rev (3m)-5.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.98 | ||
| Fwd PE | 14.71 | ||
| P/S | 1.46 | ||
| P/FCF | 14.79 | ||
| P/OCF | 7.67 | ||
| P/B | 1.8 | ||
| P/tB | 5 | ||
| EV/EBITDA | 11.06 |
EPS(TTM)0.6
EY6.26%
EPS(NY)0.65
Fwd EY6.8%
FCF(TTM)0.65
FCFY6.76%
OCF(TTM)1.25
OCFY13.04%
SpS6.57
BVpS5.33
TBVpS1.92
PEG (NY)N/A
PEG (5Y)N/A
Graham Number8.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.16% | ||
| ROE | -17.58% | ||
| ROCE | 5.51% | ||
| ROIC | 4.78% | ||
| ROICexc | 5.04% | ||
| ROICexgc | 6.77% | ||
| OM | 11.78% | ||
| PM (TTM) | N/A | ||
| GM | 24.21% | ||
| FCFM | 9.87% |
ROA(3y)2.47%
ROA(5y)-1.71%
ROE(3y)6.52%
ROE(5y)-4.23%
ROIC(3y)5.69%
ROIC(5y)4.4%
ROICexc(3y)6.1%
ROICexc(5y)4.71%
ROICexgc(3y)9.02%
ROICexgc(5y)6.89%
ROCE(3y)6.55%
ROCE(5y)5.06%
ROICexgc growth 3Y19.33%
ROICexgc growth 5Y28.08%
ROICexc growth 3Y19.89%
ROICexc growth 5Y30.34%
OM growth 3Y11.88%
OM growth 5Y1.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.35%
GM growth 5Y-1.84%
F-Score4
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | 11.56 | ||
| Debt/EBITDA | 5.01 | ||
| Cap/Depr | 85.17% | ||
| Cap/Sales | 9.16% | ||
| Interest Coverage | 1.89 | ||
| Cash Conversion | 84.46% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.07 | ||
| Altman-Z | 1.09 |
F-Score4
WACC8.67%
ROIC/WACC0.55
Cap/Depr(3y)76.28%
Cap/Depr(5y)73.6%
Cap/Sales(3y)8.81%
Cap/Sales(5y)11.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.38%
EPS 3Y4.38%
EPS 5Y-9.01%
EPS Q2Q%35.71%
EPS Next Y-12.13%
EPS Next 2Y6.02%
EPS Next 3Y15.42%
EPS Next 5YN/A
Revenue 1Y (TTM)7.74%
Revenue growth 3Y4.85%
Revenue growth 5Y5.75%
Sales Q2Q%14.34%
Revenue Next Year4.36%
Revenue Next 2Y3.02%
Revenue Next 3Y4.21%
Revenue Next 5YN/A
EBIT growth 1Y-11.22%
EBIT growth 3Y17.3%
EBIT growth 5Y7.72%
EBIT Next Year48.77%
EBIT Next 3Y19.75%
EBIT Next 5YN/A
FCF growth 1Y-4.82%
FCF growth 3Y5.01%
FCF growth 5Y-10.41%
OCF growth 1Y-5.41%
OCF growth 3Y4.89%
OCF growth 5Y-10.96%
ECOVYST INC / ECVT FAQ
Can you provide the ChartMill fundamental rating for ECOVYST INC?
ChartMill assigns a fundamental rating of 4 / 10 to ECVT.
What is the valuation status of ECOVYST INC (ECVT) stock?
ChartMill assigns a valuation rating of 4 / 10 to ECOVYST INC (ECVT). This can be considered as Fairly Valued.
How profitable is ECOVYST INC (ECVT) stock?
ECOVYST INC (ECVT) has a profitability rating of 4 / 10.
What is the valuation of ECOVYST INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ECOVYST INC (ECVT) is 15.98 and the Price/Book (PB) ratio is 1.8.
Is the dividend of ECOVYST INC sustainable?
The dividend rating of ECOVYST INC (ECVT) is 0 / 10 and the dividend payout ratio is 0%.