INGEVITY CORP (NGVT) Stock Fundamental Analysis
USA - NYSE:NGVT - US45688C1071 - Common Stock
57.17 USD
+0.8 (+1.42%)
57.17 USD
0 (0%)
Overall NGVT gets a fundamental rating of 4 out of 10. We evaluated NGVT against 83 industry peers in the Chemicals industry. While NGVT is still in line with the averages on profitability rating, there are concerns on its financial health. NGVT is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
NGVT had positive earnings in the past year.
NGVT had a positive operating cash flow in the past year.
In multiple years NGVT reported negative net income over the last 5 years.
NGVT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -11.54%, NGVT is doing worse than 78.31% of the companies in the same industry.
NGVT's Return On Equity of -179.45% is on the low side compared to the rest of the industry. NGVT is outperformed by 91.57% of its industry peers.
With an excellent Return On Invested Capital value of 15.68%, NGVT belongs to the best of the industry, outperforming 97.59% of the companies in the same industry.
NGVT had an Average Return On Invested Capital over the past 3 years of 10.65%. This is above the industry average of 6.30%.
The last Return On Invested Capital (15.68%) for NGVT is above the 3 year average (10.65%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.54% | ||
| ROE | -179.45% | ||
| ROIC | 15.68% |
ROA(3y)-4.58%
ROA(5y)-0.24%
ROE(3y)-63.66%
ROE(5y)-29.04%
ROIC(3y)10.65%
ROIC(5y)10.84%
1.3 Margins
NGVT has a better Operating Margin (22.24%) than 91.57% of its industry peers.
In the last couple of years the Operating Margin of NGVT has declined.
With a decent Gross Margin value of 36.47%, NGVT is doing good in the industry, outperforming 77.11% of the companies in the same industry.
NGVT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.24% | ||
| PM (TTM) | N/A | ||
| GM | 36.47% |
OM growth 3Y-6.17%
OM growth 5Y-4.41%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.27%
GM growth 5Y-2.81%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NGVT is creating value.
The number of shares outstanding for NGVT has been increased compared to 1 year ago.
NGVT has less shares outstanding than it did 5 years ago.
NGVT has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.35 indicates that NGVT is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.35, NGVT is doing good in the industry, outperforming 65.06% of the companies in the same industry.
NGVT has a debt to FCF ratio of 8.85. This is a slightly negative value and a sign of low solvency as NGVT would need 8.85 years to pay back of all of its debts.
NGVT's Debt to FCF ratio of 8.85 is fine compared to the rest of the industry. NGVT outperforms 71.08% of its industry peers.
NGVT has a Debt/Equity ratio of 10.24. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 10.24, NGVT is not doing good in the industry: 91.57% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 10.24 | ||
| Debt/FCF | 8.85 | ||
| Altman-Z | 2.35 |
ROIC/WACC1.88
WACC8.33%
2.3 Liquidity
A Current Ratio of 1.36 indicates that NGVT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.36, NGVT is doing worse than 80.72% of the companies in the same industry.
A Quick Ratio of 0.80 indicates that NGVT may have some problems paying its short term obligations.
With a Quick ratio value of 0.80, NGVT is not doing good in the industry: 81.93% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 50.17% over the past year.
Measured over the past years, NGVT shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.12% on average per year.
NGVT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.44%.
The Revenue has been growing slightly by 1.70% on average over the past years.
EPS 1Y (TTM)50.17%
EPS 3Y-11.81%
EPS 5Y-6.12%
EPS Q2Q%37.62%
Revenue 1Y (TTM)-14.44%
Revenue growth 3Y0.36%
Revenue growth 5Y1.7%
Sales Q2Q%-6.53%
3.2 Future
The Earnings Per Share is expected to grow by 17.57% on average over the next years. This is quite good.
NGVT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.58% yearly.
EPS Next Y26.22%
EPS Next 2Y18.13%
EPS Next 3Y17.57%
EPS Next 5YN/A
Revenue Next Year-9.92%
Revenue Next 2Y-3.82%
Revenue Next 3Y-0.58%
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
NGVT is valuated correctly with a Price/Earnings ratio of 12.91.
Based on the Price/Earnings ratio, NGVT is valued a bit cheaper than 78.31% of the companies in the same industry.
NGVT is valuated cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.44 indicates a reasonable valuation of NGVT.
NGVT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NGVT is cheaper than 75.90% of the companies in the same industry.
NGVT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.91 | ||
| Fwd PE | 11.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NGVT is valued a bit cheaper than 67.47% of the companies in the same industry.
NGVT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NGVT is cheaper than 79.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.87 | ||
| EV/EBITDA | 8.35 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NGVT's earnings are expected to grow with 17.57% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.49
PEG (5Y)N/A
EPS Next 2Y18.13%
EPS Next 3Y17.57%
5. Dividend
5.1 Amount
No dividends for NGVT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
57.17
+0.8 (+1.42%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners103.88%
Inst Owner Change-0.26%
Ins Owners1.03%
Ins Owner Change4.63%
Market Cap2.08B
Revenue(TTM)1.32B
Net Income(TTM)-216600000
Analysts82
Price Target66.56 (16.42%)
Short Float %2.3%
Short Ratio2.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.42%
Min EPS beat(2)17.23%
Max EPS beat(2)31.61%
EPS beat(4)4
Avg EPS beat(4)67.89%
Min EPS beat(4)17.23%
Max EPS beat(4)202.89%
EPS beat(8)6
Avg EPS beat(8)66.35%
EPS beat(12)8
Avg EPS beat(12)42.62%
EPS beat(16)11
Avg EPS beat(16)35.87%
Revenue beat(2)0
Avg Revenue beat(2)-3.97%
Min Revenue beat(2)-5.48%
Max Revenue beat(2)-2.47%
Revenue beat(4)0
Avg Revenue beat(4)-4.38%
Min Revenue beat(4)-5.75%
Max Revenue beat(4)-2.47%
Revenue beat(8)2
Avg Revenue beat(8)-1.9%
Revenue beat(12)3
Avg Revenue beat(12)-1.41%
Revenue beat(16)7
Avg Revenue beat(16)0.82%
PT rev (1m)0%
PT rev (3m)26.09%
EPS NQ rev (1m)-0.36%
EPS NQ rev (3m)6.51%
EPS NY rev (1m)-0.45%
EPS NY rev (3m)4.11%
Revenue NQ rev (1m)-2.61%
Revenue NQ rev (3m)-3.71%
Revenue NY rev (1m)-1.29%
Revenue NY rev (3m)-4.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.91 | ||
| Fwd PE | 11.44 | ||
| P/S | 1.57 | ||
| P/FCF | 13.87 | ||
| P/OCF | 9.68 | ||
| P/B | 17.27 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.35 |
EPS(TTM)4.43
EY7.75%
EPS(NY)5
Fwd EY8.74%
FCF(TTM)4.12
FCFY7.21%
OCF(TTM)5.91
OCFY10.33%
SpS36.33
BVpS3.31
TBVpS-4.46
PEG (NY)0.49
PEG (5Y)N/A
Graham Number18.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.54% | ||
| ROE | -179.45% | ||
| ROCE | 19.84% | ||
| ROIC | 15.68% | ||
| ROICexc | 16.53% | ||
| ROICexgc | 20.7% | ||
| OM | 22.24% | ||
| PM (TTM) | N/A | ||
| GM | 36.47% | ||
| FCFM | 11.35% |
ROA(3y)-4.58%
ROA(5y)-0.24%
ROE(3y)-63.66%
ROE(5y)-29.04%
ROIC(3y)10.65%
ROIC(5y)10.84%
ROICexc(3y)11.07%
ROICexc(5y)11.72%
ROICexgc(3y)17.77%
ROICexgc(5y)19.74%
ROCE(3y)13.49%
ROCE(5y)13.72%
ROICexgc growth 3Y-8.19%
ROICexgc growth 5Y-5.86%
ROICexc growth 3Y-1.67%
ROICexc growth 5Y-0.8%
OM growth 3Y-6.17%
OM growth 5Y-4.41%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.27%
GM growth 5Y-2.81%
F-Score5
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 10.24 | ||
| Debt/FCF | 8.85 | ||
| Debt/EBITDA | 3.12 | ||
| Cap/Depr | 63.89% | ||
| Cap/Sales | 4.91% | ||
| Interest Coverage | 3.67 | ||
| Cash Conversion | 54.33% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 2.35 |
F-Score5
WACC8.33%
ROIC/WACC1.88
Cap/Depr(3y)97.35%
Cap/Depr(5y)93.69%
Cap/Sales(3y)6.85%
Cap/Sales(5y)6.95%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)50.17%
EPS 3Y-11.81%
EPS 5Y-6.12%
EPS Q2Q%37.62%
EPS Next Y26.22%
EPS Next 2Y18.13%
EPS Next 3Y17.57%
EPS Next 5YN/A
Revenue 1Y (TTM)-14.44%
Revenue growth 3Y0.36%
Revenue growth 5Y1.7%
Sales Q2Q%-6.53%
Revenue Next Year-9.92%
Revenue Next 2Y-3.82%
Revenue Next 3Y-0.58%
Revenue Next 5YN/A
EBIT growth 1Y39.49%
EBIT growth 3Y-5.83%
EBIT growth 5Y-2.78%
EBIT Next Year61.08%
EBIT Next 3Y22.97%
EBIT Next 5YN/A
FCF growth 1Y25.77%
FCF growth 3Y-35.4%
FCF growth 5Y-20.53%
OCF growth 1Y-14.49%
OCF growth 3Y-24%
OCF growth 5Y-14.15%
INGEVITY CORP / NGVT FAQ
What is the ChartMill fundamental rating of INGEVITY CORP (NGVT) stock?
ChartMill assigns a fundamental rating of 4 / 10 to NGVT.
Can you provide the valuation status for INGEVITY CORP?
ChartMill assigns a valuation rating of 6 / 10 to INGEVITY CORP (NGVT). This can be considered as Fairly Valued.
Can you provide the profitability details for INGEVITY CORP?
INGEVITY CORP (NGVT) has a profitability rating of 5 / 10.
Can you provide the financial health for NGVT stock?
The financial health rating of INGEVITY CORP (NGVT) is 3 / 10.
What is the expected EPS growth for INGEVITY CORP (NGVT) stock?
The Earnings per Share (EPS) of INGEVITY CORP (NGVT) is expected to grow by 26.22% in the next year.