ECOVYST INC (ECVT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ECVT - US27923Q1094 - Common Stock
9.73 USD
-0.14 (-1.42%)
9.73 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to ECVT. ECVT was compared to 83 industry peers in the Chemicals industry. The financial health of ECVT is average, but there are quite some concerns on its profitability. ECVT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ECVT had positive earnings in the past year.
ECVT had a positive operating cash flow in the past year.
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
With a Return On Assets value of -6.16%, ECVT is not doing good in the industry: 74.70% of the companies in the same industry are doing better.
ECVT has a Return On Equity of -17.58%. This is in the lower half of the industry: ECVT underperforms 71.08% of its industry peers.
ECVT has a Return On Invested Capital (4.78%) which 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
The Operating Margin of ECVT (11.78%) is better than 63.86% of its industry peers.
ECVT's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 24.21%, ECVT is in line with its industry, outperforming 43.37% of the companies in the same industry.
In the last couple of years the Gross Margin of ECVT has declined.
| 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.
The number of shares outstanding for ECVT has been increased compared to 1 year ago.
Compared to 5 years ago, ECVT has less shares outstanding
ECVT has a worse debt/assets ratio than last year.
2.2 Solvency
ECVT has an Altman-Z score of 1.10. 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 1.10, ECVT is doing worse than 72.29% of the companies in the same industry.
ECVT has a debt to FCF ratio of 11.56. This is a negative value and a sign of low solvency as ECVT would need 11.56 years to pay back of all of its debts.
ECVT has a better Debt to FCF ratio (11.56) than 61.45% of its industry peers.
ECVT has a Debt/Equity ratio of 1.39. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ECVT (1.39) is worse than 72.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | 11.56 | ||
| Altman-Z | 1.1 |
ROIC/WACC0.44
WACC10.96%
2.3 Liquidity
A Current Ratio of 2.25 indicates that ECVT has no problem at all paying its short term obligations.
ECVT's Current ratio of 2.25 is fine compared to the rest of the industry. ECVT outperforms 61.45% of its industry peers.
A Quick Ratio of 2.07 indicates that ECVT has no problem at all paying its short term obligations.
ECVT's Quick ratio of 2.07 is fine compared to the rest of the industry. ECVT outperforms 79.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.07 |
3. Growth
3.1 Past
ECVT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.38%, which is quite good.
The Earnings Per Share has been decreasing by -9.01% on average over the past years.
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
ECVT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.47% yearly.
Based on estimates for the next years, ECVT will show a small growth in Revenue. The Revenue will grow by 4.63% on average per year.
EPS Next Y-12.13%
EPS Next 2Y5.84%
EPS Next 3Y15.47%
EPS Next 5YN/A
Revenue Next Year4.36%
Revenue Next 2Y3.28%
Revenue Next 3Y4.63%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ECVT is valuated correctly with a Price/Earnings ratio of 16.22.
61.45% of the companies in the same industry are more expensive than ECVT, based on the Price/Earnings ratio.
ECVT is valuated rather cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
ECVT is valuated correctly with a Price/Forward Earnings ratio of 14.98.
ECVT's Price/Forward Earnings ratio is in line with the industry average.
ECVT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.22 | ||
| Fwd PE | 14.98 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ECVT.
75.90% of the companies in the same industry are more expensive than ECVT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15 | ||
| EV/EBITDA | 11.15 |
4.3 Compensation for Growth
ECVT's earnings are expected to grow with 15.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.84%
EPS Next 3Y15.47%
5. Dividend
5.1 Amount
ECVT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
9.73
-0.14 (-1.42%)
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 Cap1.11B
Revenue(TTM)749.19M
Net Income(TTM)-106.87M
Analysts81.67
Price Target11.9 (22.3%)
Short Float %4.12%
Short Ratio3.57
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)-2.1%
PT rev (3m)-2.78%
EPS NQ rev (1m)9.82%
EPS NQ rev (3m)-38.33%
EPS NY rev (1m)0.34%
EPS NY rev (3m)-16.97%
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 | 16.22 | ||
| Fwd PE | 14.98 | ||
| P/S | 1.48 | ||
| P/FCF | 15 | ||
| P/OCF | 7.78 | ||
| P/B | 1.83 | ||
| P/tB | 5.07 | ||
| EV/EBITDA | 11.15 |
EPS(TTM)0.6
EY6.17%
EPS(NY)0.65
Fwd EY6.68%
FCF(TTM)0.65
FCFY6.67%
OCF(TTM)1.25
OCFY12.85%
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 | 1.1 |
F-Score4
WACC10.96%
ROIC/WACC0.44
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 2Y5.84%
EPS Next 3Y15.47%
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 2Y3.28%
Revenue Next 3Y4.63%
Revenue Next 5YN/A
EBIT growth 1Y-11.22%
EBIT growth 3Y17.3%
EBIT growth 5Y7.72%
EBIT Next Year48.77%
EBIT Next 3Y19.84%
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
What is the ChartMill fundamental rating of ECOVYST INC (ECVT) stock?
ChartMill assigns a fundamental rating of 3 / 10 to ECVT.
Can you provide the valuation status for ECOVYST INC?
ChartMill assigns a valuation rating of 4 / 10 to ECOVYST INC (ECVT). This can be considered as Fairly Valued.
What is the profitability of ECVT stock?
ECOVYST INC (ECVT) has a profitability rating of 3 / 10.
What is the financial health of ECOVYST INC (ECVT) stock?
The financial health rating of ECOVYST INC (ECVT) is 4 / 10.
Can you provide the expected EPS growth for ECVT stock?
The Earnings per Share (EPS) of ECOVYST INC (ECVT) is expected to decline by -12.13% in the next year.