-0.45%
4.57%
6.78%
-12.24%
-0.88%
23.80%
14.25%
AI Spotlight on IOSP
Company Description
Innospec Inc.develops, manufactures, blends, markets, and supplies specialty chemicals in the United States, rest of North America, the United Kingdom, rest of Europe, and internationally.The company's Fuel Specialties segment offers a range of specialty chemical products that are used as additives in various fuels.
This segment's products are used in the operation of automotive, marine, and aviation engines; power station generators; and heating oil.Its Performance Chemicals segment provides technology-based solutions for its customers' processes or products that focuses on the personal care, home care, agrochemical, and metal extraction markets.The company's Oilfield Services segment develops and markets chemical solutions for fracturing, stimulation, and completion operations; and products for oil and gas production, as well as products to prevent loss of mud in drilling operations.
It sells its products primarily to oil and gas exploration and production companies, oil refineries, fuel manufacturers and users, personal care and home care companies, formulators of agrochemical and metal extraction formulations, and other chemical and industrial companies.The company was formerly known as Octel Corp.and changed its name to Innospec Inc.
in January 2006.Innospec Inc.was founded in 1938 and is headquartered in Englewood, Colorado.
Market Data
| Last Price | 115.08 |
| Change Percentage | -0.45% |
| Open | 115.21 |
| Previous Close | 115.61 |
| Market Cap ( Millions) | 2870 |
| Volume | 5247 |
| Year High | 133.71 |
| Year Low | 103.65 |
| M A 50 | 114.15 |
| M A 200 | 117.74 |
Financial Ratios
| FCF Yield | 5.86% |
| Dividend Yield | 1.35% |
| ROE | 12.07% |
| Debt / Equity | 3.68% |
| Net Debt / EBIDTA | -112.22% |
| Price To Book | 2.31 |
| Price Earnings Ratio | 19.96 |
| Price To FCF | 17.07 |
| Price To sales | 1.53 |
| EV / EBITDA | 11.36 |
News
- Jan -08 - Innospec Schedules Fourth Quarter 2024 Earnings Release and Conference Call
- Nov -15 - 8 Upcoming Dividend Increases
- Nov -06 - Innospec, Inc. (IOSP) Q3 2024 Earnings Call Transcript
- Nov -05 - Innospec (IOSP) Q3 Earnings Meet Estimates
- Nov -05 - Innospec Reports Third Quarter 2024 Financial Results
- Oct -29 - Earnings Preview: Innospec (IOSP) Q3 Earnings Expected to Decline
- Oct -07 - Innospec Schedules Third Quarter 2024 Earnings Release and Conference Call
- Aug -28 - Innospec Publishes 2023 Sustainability Report
- Aug -12 - Innospec's (IOSP) Q2 Earnings Surpass Estimates, Sales Miss
- Aug -06 - Innospec (IOSP) Q2 Earnings Top Estimates
- Aug -06 - Innospec Reports Second Quarter 2024 Financial Results
- Jul -17 - Innospec (IOSP) Stock Jumps 3.8%: Will It Continue to Soar?
- Jul -11 - Innospec (IOSP) Up 19% in a Year: What's Driving the Stock?
- Jul -02 - Innospec Schedules Second Quarter 2024 Earnings Release and Conference Call
- Jun -24 - Innospec Achieves Gold Rating in EcoVadis Sustainability Assessment for the Fourth Consecutive Time
- Jun -07 - Innospec (IOSP) & IJM Collaborate to Protect Palm Oil Workers
- Jun -05 - Innospec and IJM Announce New Partnership to Strengthen Protection for Palm Oil Workers in Southeast Asia
- May -28 - Innospec (IOSP) Shares Up 24% in Six Months: What's Driving It?
- May -14 - Innospec's (IOSP) Q1 Earnings Surpass Estimates, Sales Lag
- May -09 - Innospec (IOSP) Q1 Earnings Beat Estimates
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Fuel Specialties
Expected Growth : 3.5 %
What the company do ?
Fuel Specialties from Innospec Inc. are a range of fuel additives and specialty chemicals designed to improve fuel efficiency, cleanliness, and performance in various industries.
Why we expect these perspectives ?
Innospec's Fuel Specialties segment growth of 3.5% is driven by increasing demand for cleaner fuels, stringent environmental regulations, and rising adoption of fuel additives in emerging markets. Additionally, the company's focus on innovation and R&D investments in fuel efficiency and emission reduction technologies also contribute to the growth.
Segment n°2 -> Oilfield Services
Expected Growth : 3.8 %
What the company do ?
Oilfield Services from Innospec Inc. provides specialty chemicals and technical expertise to enhance oil and gas production, improve efficiency, and reduce environmental impact.
Why we expect these perspectives ?
Innospec's Oilfield Services segment growth of 3.8% is driven by increasing demand for specialty chemicals in hydraulic fracturing, enhanced oil recovery, and drilling operations. Rising oil prices, growing shale gas production, and increasing investment in exploration and production activities also contribute to the growth. Additionally, the company's strategic expansion into new markets and product offerings has helped to boost revenue.
Segment n°3 -> Performance Chemicals
Expected Growth : 4.2 %
What the company do ?
Performance Chemicals from Innospec Inc. are specialty additives that enhance the performance of fuels, lubricants, and other products, improving their efficiency, stability, and environmental sustainability.
Why we expect these perspectives ?
Innospec's Performance Chemicals segment growth of 4.2% is driven by increasing demand for fuel additives, particularly in the Asia-Pacific region, coupled with the company's strategic expansion into new markets and product lines, such as its recent entry into the lubricants market.
Innospec Inc. Products
| Product Range | What is it ? |
|---|---|
| Fuel Specialties | Innospec's Fuel Specialties segment provides a range of fuel additives and specialty chemicals to the fuel industry, including gasoline, diesel, and alternative fuels. |
| Performance Chemicals | Innospec's Performance Chemicals segment offers a variety of specialty chemicals used in personal care, cleaning, and industrial applications. |
| Octane Additives | Innospec's Octane Additives segment provides methylcyclopentadienyl manganese tricarbonyl (MMT) and other octane additives to the fuel industry. |
| Tertiary Butylamine (TBA) | Innospec's TBA segment produces tertiary butylamine, a chemical intermediate used in the production of fuel additives, pharmaceuticals, and other specialty chemicals. |
Innospec Inc.'s Porter Forces
Threat Of Substitutes
Innospec Inc. operates in a niche market with few substitutes, but the threat of substitutes is still present due to the availability of alternative fuel additives.
Bargaining Power Of Customers
Innospec Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are specialized, making it difficult for customers to switch to alternative suppliers.
Bargaining Power Of Suppliers
Innospec Inc. relies on a few key suppliers for raw materials, which gives them some bargaining power. However, the company's large scale of operations and diversified supply chain mitigate this risk.
Threat Of New Entrants
The fuel additives market has high barriers to entry, including significant capital expenditures and regulatory hurdles. This makes it difficult for new entrants to join the market.
Intensity Of Rivalry
The fuel additives market is highly competitive, with several established players competing for market share. Innospec Inc. must continually innovate and improve its products to maintain its market position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 3.79% |
| Debt Cost | 6.38% |
| Equity Weight | 96.21% |
| Equity Cost | 9.48% |
| WACC | 9.36% |
| Leverage | 3.94% |
Innospec Inc. : Quality Control
Innospec Inc. passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| NEU | NewMarket Corporation, through its subsidiaries, engages in the petroleum additives business. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road … |
| OLN | Olin Corporation manufactures and distributes chemical products in the United States, Europe, and internationally. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali … |
| RPM | RPM International Inc. manufactures, markets, and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and institutional roofing systems; sealants, air barriers, tapes, and … |
| CBT | Cabot Corporation operates as a specialty chemicals and performance materials company. It operates through three segments: Reinforcement Materials, Performance Chemicals, and Purification Solutions. The company offers reinforcing carbons used in … |
| BCPC | Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the nutritional, food, pharmaceutical, animal health, medical device sterilization, plant nutrition, and industrial markets in the United States … |
Peers Metrics
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Scoring Insights
Peers Group Analysis
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RPM International
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Innospec
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