-1.05%
11.29%
8.52%
-1.18%
4.11%
-31.19%
-30.47%

Company Description

Ingevity Corporation manufactures and sells specialty chemicals and activated carbon materials in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America.The company operates through two segments, Performance Materials and Performance Chemicals.The Performance Materials segment engineers, manufactures, and sells hardwood-based and chemically activated carbon products primarily for use in gasoline vapor emission control systems in cars, motorcycles, trucks, and boats.


This segment also produces other activated carbon products for use in various applications, including food, water, beverage, and chemical purification.The Performance Chemicals segment comprises of pavement technologies, industrial specialties, and engineered polymers.It manufactures products derived from crude tall oil and lignin extracted from the kraft pulping process, as well as caprolactone monomers and derivatives derived from cyclohexanone and hydrogen peroxide.


This segment's products are used in various applications comprising warm mix paving, pavement preservation, pavement reconstruction and recycling, oil well service additives, oil production, and downstream applications; and adhesives, agrochemical dispersants, lubricants, printing inks, industrial intermediates and oilfield, coatings, resins, elastomers, bioplastics, and medical devices.Ingevity Corporation was founded in 1964 and is headquartered in North Charleston, South Carolina.

Market Data

Last Price 45.35
Change Percentage -1.05%
Open 45.51
Previous Close 45.83
Market Cap ( Millions) 1648
Volume 186993
Year High 56.3
Year Low 30.9
M A 50 44.5
M A 200 43.05

Financial Ratios

FCF Yield 1.63%
Dividend Yield 0.00%
ROE -132.72%
Debt / Equity 725.55%
Net Debt / EBIDTA -288.66%
Price To Book 7.67
Price Earnings Ratio -2.92
Price To FCF 61.51
Price To sales 1.11
EV / EBITDA -6.24

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Performance Chemicals

Expected Growth : 4.85 %

What the company do ?

Performance Chemicals from Ingevity Corporation provides specialty chemicals and technologies for various industries, including oilfield, pavement, and industrial specialties.

Why we expect these perspectives ?

Ingevity's Performance Chemicals segment growth of 4.85% is driven by increasing demand for specialty chemicals in oilfield applications, growth in industrial specialties, and expansion in emerging markets. Additionally, the company's focus on innovation and product development, as well as its strategic acquisitions, have contributed to the segment's growth.

Segment nΒ°2 -> Performance Materials

Expected Growth : 4.83 %

What the company do ?

Performance Materials from Ingevity Corporation are specialty chemicals used in various applications, including asphalt, adhesives, and lubricants, to enhance performance and durability.

Why we expect these perspectives ?

Ingevity's Performance Materials segment growth of 4.83% is driven by increasing demand for automotive carbon filters, growth in industrial specialties, and expansion in Asia-Pacific region. Additionally, the company's strategic investments in new product development and capacity expansion have contributed to the segment's growth.

Segment nΒ°3 -> Advanced Polymer Technologies

Expected Growth : 8.37 %

What the company do ?

Advanced Polymer Technologies from Ingevity Corporation are specialty polymers used in pavement marking, construction, and industrial applications, offering durability and performance.

Why we expect these perspectives ?

Advanced Polymer Technologies from Ingevity Corporation's 8.37% growth is driven by increasing demand for sustainable and eco-friendly products, growth in the automotive and industrial coatings markets, and the company's strategic investments in R&D and capacity expansion.

Ingevity Corporation Products

Product Range What is it ?
Activated Carbon Ingevity's activated carbon products are used to remove impurities and contaminants from liquids and gases, improving taste, odor and purity.
Specialty Chemicals Ingevity's specialty chemicals are used in a variety of applications, including asphalt emulsions, construction materials, and oilfield applications.
Pavement Technologies Ingevity's pavement technologies are used to improve the durability and performance of asphalt pavements, reducing maintenance costs and extending lifespan.
Engineered Polymers Ingevity's engineered polymers are used in a variety of applications, including adhesives, coatings, and composites.
Bio-based Technologies Ingevity's bio-based technologies are used to develop sustainable and renewable products, reducing dependence on fossil fuels.

Ingevity Corporation's Porter Forces

Ingevity Corporation's products are specialized and have few substitutes, but customers may still opt for alternative products or services.

Ingevity Corporation's customers have limited bargaining power due to the company's strong market position and diversified customer base.

Ingevity Corporation's suppliers have moderate bargaining power due to the company's dependence on a few key suppliers for raw materials.

The threat of new entrants is low due to the high barriers to entry in the specialty chemicals and materials industry, including significant capital requirements and regulatory hurdles.

The specialty chemicals and materials industry is highly competitive, with several established players competing for market share, leading to a high intensity of rivalry.

Capital Structure

Value
Debt Weight 68.70%
Debt Cost 11.37%
Equity Weight 31.30%
Equity Cost 12.90%
WACC 11.85%
Leverage 219.50%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
TSE Trinseo PLC, a materials solutions provider, manufactures and sells plastics and latex binders in the United States, Europe, the Asia-Pacific, and internationally. The company operates through six segments: Engineered Materials, …
PRM Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Oil Additives. The Fire …
ALTO Alto Ingredients, Inc. produces and markets specialty alcohols and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Production, and Other Production. It …
SCL Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products. It operates through three segments: Surfactants, Polymers, and …
GEVO Gevo, Inc. operates as a renewable fuels company. It operates through four segments: Gevo, Agri-Energy, Renewable Natural Gas, and Net-Zero. The company commercializes gasoline, jet fuel, and diesel fuel to …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
45.35$
Current Price
45.35$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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