KOPPERS HOLDINGS INC (KOP) Stock Fundamental Analysis
NYSE:KOP - US50060P1066 - Common Stock
30.16 USD
+1.37 (+4.76%)
30.16 USD
0 (0%)
KOP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 84 industry peers in the Chemicals industry. KOP has an average financial health and profitability rating. KOP is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year KOP was profitable.
KOP had a positive operating cash flow in the past year.
KOP had positive earnings in each of the past 5 years.
In the past 5 years KOP always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.78%, KOP is in line with its industry, outperforming 54.76% of the companies in the same industry.
KOP's Return On Equity of 2.87% is in line compared to the rest of the industry. KOP outperforms 57.14% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.02%, KOP is in the better half of the industry, outperforming 73.81% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for KOP is in line with the industry average of 6.53%.
The 3 year average ROIC (8.01%) for KOP is below the current ROIC(8.02%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 2.87% | ||
| ROIC | 8.02% |
ROA(3y)3.78%
ROA(5y)4.82%
ROE(3y)14.83%
ROE(5y)20.23%
ROIC(3y)8.01%
ROIC(5y)7.9%
1.3 Margins
KOP has a Profit Margin (0.76%) which is comparable to the rest of the industry.
KOP's Profit Margin has declined in the last couple of years.
KOP has a Operating Margin (9.39%) which is in line with its industry peers.
KOP's Operating Margin has been stable in the last couple of years.
The Gross Margin of KOP (21.32%) is worse than 63.10% of its industry peers.
KOP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.39% | ||
| PM (TTM) | 0.76% | ||
| GM | 21.32% |
OM growth 3Y3.42%
OM growth 5Y0.98%
PM growth 3Y-20.98%
PM growth 5Y-9.25%
GM growth 3Y0.49%
GM growth 5Y0%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KOP is destroying value.
The number of shares outstanding for KOP has been reduced compared to 1 year ago.
KOP has less shares outstanding than it did 5 years ago.
The debt/assets ratio for KOP is higher compared to a year ago.
2.2 Solvency
KOP has an Altman-Z score of 2.23. This is not the best score and indicates that KOP is in the grey zone with still only limited risk for bankruptcy at the moment.
KOP has a Altman-Z score of 2.23. This is in the better half of the industry: KOP outperforms 60.71% of its industry peers.
The Debt to FCF ratio of KOP is 13.46, which is on the high side as it means it would take KOP, 13.46 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 13.46, KOP is in line with its industry, outperforming 54.76% of the companies in the same industry.
A Debt/Equity ratio of 1.83 is on the high side and indicates that KOP has dependencies on debt financing.
With a Debt to Equity ratio value of 1.83, KOP is not doing good in the industry: 79.76% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.83 | ||
| Debt/FCF | 13.46 | ||
| Altman-Z | 2.23 |
ROIC/WACC0.85
WACC9.39%
2.3 Liquidity
KOP has a Current Ratio of 2.60. This indicates that KOP is financially healthy and has no problem in meeting its short term obligations.
KOP's Current ratio of 2.60 is fine compared to the rest of the industry. KOP outperforms 69.05% of its industry peers.
KOP has a Quick Ratio of 1.11. This is a normal value and indicates that KOP is financially healthy and should not expect problems in meeting its short term obligations.
KOP has a Quick ratio of 1.11. This is in the lower half of the industry: KOP underperforms 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.6 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
KOP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.07%, which is quite good.
KOP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.48% yearly.
The Revenue has decreased by -6.20% in the past year.
The Revenue has been growing slightly by 5.03% on average over the past years.
EPS 1Y (TTM)9.07%
EPS 3Y-0.72%
EPS 5Y4.48%
EPS Q2Q%8.82%
Revenue 1Y (TTM)-6.2%
Revenue growth 3Y7.62%
Revenue growth 5Y5.03%
Sales Q2Q%-10.37%
3.2 Future
The Earnings Per Share is expected to grow by 8.48% on average over the next years. This is quite good.
Based on estimates for the next years, KOP will show a decrease in Revenue. The Revenue will decrease by -3.52% on average per year.
EPS Next Y-2.92%
EPS Next 2Y8.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-8.52%
Revenue Next 2Y-3.52%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 6.97, the valuation of KOP can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of KOP indicates a rather cheap valuation: KOP is cheaper than 94.05% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.24, KOP is valued rather cheaply.
The Price/Forward Earnings ratio is 6.22, which indicates a rather cheap valuation of KOP.
Based on the Price/Forward Earnings ratio, KOP is valued cheaper than 95.24% of the companies in the same industry.
KOP is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.97 | ||
| Fwd PE | 6.22 |
4.2 Price Multiples
91.67% of the companies in the same industry are more expensive than KOP, based on the Enterprise Value to EBITDA ratio.
KOP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. KOP is cheaper than 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.27 | ||
| EV/EBITDA | 5.95 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.56
EPS Next 2Y8.48%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.11%, KOP has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.54, KOP has a dividend in line with its industry peers.
With a Dividend Yield of 1.11, KOP pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
5.2 History
The dividend of KOP decreases each year by -7.49%.
KOP has been paying a dividend for at least 10 years, so it has a reliable track record.
KOP has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-7.49%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
39.74% of the earnings are spent on dividend by KOP. This is a low number and sustainable payout ratio.
DP39.74%
EPS Next 2Y8.48%
EPS Next 3YN/A
30.16
+1.37 (+4.76%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners97.53%
Inst Owner Change0.18%
Ins Owners4.66%
Ins Owner Change0.36%
Market Cap594.76M
Analysts85.71
Price Target52.7 (74.73%)
Short Float %2.55%
Short Ratio3.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
Yearly Dividend0.29
Dividend Growth(5Y)-7.49%
DP39.74%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.91%
Min EPS beat(2)-2.96%
Max EPS beat(2)12.78%
EPS beat(4)2
Avg EPS beat(4)-0.75%
Min EPS beat(4)-17.43%
Max EPS beat(4)12.78%
EPS beat(8)4
Avg EPS beat(8)-0.89%
EPS beat(12)8
Avg EPS beat(12)6.76%
EPS beat(16)10
Avg EPS beat(16)4.13%
Revenue beat(2)0
Avg Revenue beat(2)-8.73%
Min Revenue beat(2)-9.6%
Max Revenue beat(2)-7.87%
Revenue beat(4)0
Avg Revenue beat(4)-7.05%
Min Revenue beat(4)-9.6%
Max Revenue beat(4)-5.02%
Revenue beat(8)1
Avg Revenue beat(8)-4.11%
Revenue beat(12)3
Avg Revenue beat(12)-2.11%
Revenue beat(16)5
Avg Revenue beat(16)-1.6%
PT rev (1m)-8.28%
PT rev (3m)-8.28%
EPS NQ rev (1m)-23.71%
EPS NQ rev (3m)-13.24%
EPS NY rev (1m)-14.04%
EPS NY rev (3m)-9.04%
Revenue NQ rev (1m)-7.55%
Revenue NQ rev (3m)-8.68%
Revenue NY rev (1m)-5.56%
Revenue NY rev (3m)-8.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.97 | ||
| Fwd PE | 6.22 | ||
| P/S | 0.3 | ||
| P/FCF | 8.27 | ||
| P/OCF | 4.5 | ||
| P/B | 1.13 | ||
| P/tB | 6.18 | ||
| EV/EBITDA | 5.95 |
EPS(TTM)4.33
EY14.36%
EPS(NY)4.85
Fwd EY16.07%
FCF(TTM)3.65
FCFY12.09%
OCF(TTM)6.71
OCFY22.24%
SpS101.04
BVpS26.71
TBVpS4.88
PEG (NY)N/A
PEG (5Y)1.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 2.87% | ||
| ROCE | 11.28% | ||
| ROIC | 8.02% | ||
| ROICexc | 8.21% | ||
| ROICexgc | 11.18% | ||
| OM | 9.39% | ||
| PM (TTM) | 0.76% | ||
| GM | 21.32% | ||
| FCFM | 3.61% |
ROA(3y)3.78%
ROA(5y)4.82%
ROE(3y)14.83%
ROE(5y)20.23%
ROIC(3y)8.01%
ROIC(5y)7.9%
ROICexc(3y)8.28%
ROICexc(5y)8.16%
ROICexgc(3y)11.62%
ROICexgc(5y)11.81%
ROCE(3y)11.26%
ROCE(5y)11.11%
ROICexcg growth 3Y4.72%
ROICexcg growth 5Y-0.94%
ROICexc growth 3Y6.46%
ROICexc growth 5Y1.75%
OM growth 3Y3.42%
OM growth 5Y0.98%
PM growth 3Y-20.98%
PM growth 5Y-9.25%
GM growth 3Y0.49%
GM growth 5Y0%
F-Score7
Asset Turnover1.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.83 | ||
| Debt/FCF | 13.46 | ||
| Debt/EBITDA | 3.76 | ||
| Cap/Depr | 87.28% | ||
| Cap/Sales | 3.03% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 51.62% | ||
| Profit Quality | 476.16% | ||
| Current Ratio | 2.6 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 2.23 |
F-Score7
WACC9.39%
ROIC/WACC0.85
Cap/Depr(3y)171.26%
Cap/Depr(5y)171.89%
Cap/Sales(3y)4.87%
Cap/Sales(5y)5.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.07%
EPS 3Y-0.72%
EPS 5Y4.48%
EPS Q2Q%8.82%
EPS Next Y-2.92%
EPS Next 2Y8.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.2%
Revenue growth 3Y7.62%
Revenue growth 5Y5.03%
Sales Q2Q%-10.37%
Revenue Next Year-8.52%
Revenue Next 2Y-3.52%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y2.46%
EBIT growth 3Y11.3%
EBIT growth 5Y6.06%
EBIT Next Year45.19%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y317.22%
FCF growth 3YN/A
FCF growth 5Y-12.22%
OCF growth 1Y67.47%
OCF growth 3Y5.05%
OCF growth 5Y0.27%