ECOVYST INC (ECVT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ECVT - US27923Q1094 - Common Stock
10.58 USD
+0.12 (+1.15%)
10.58 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. While ECVT seems to be doing ok healthwise, there are quite some concerns on its profitability. ECVT has a decent growth rate and is not valued too expensively.
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.
In multiple years ECVT reported negative net income over the last 5 years.
Each year in the past 5 years ECVT had a positive operating cash flow.
1.2 Ratios
ECVT has a Return On Assets of -6.16%. This is in the lower half of the industry: ECVT underperforms 74.70% of its industry peers.
ECVT has a worse Return On Equity (-17.58%) than 71.08% of its industry peers.
With a Return On Invested Capital value of 4.78%, ECVT perfoms like the industry average, outperforming 57.83% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ECVT is in line with the industry average of 6.10%.
| 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
Looking at the Operating Margin, with a value of 11.78%, ECVT is in the better half of the industry, outperforming 63.86% of the companies in the same industry.
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.
ECVT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ECVT has been reduced compared to 5 years ago.
Compared to 1 year ago, ECVT has a worse debt to assets ratio.
2.2 Solvency
ECVT has an Altman-Z score of 1.14. This is a bad value and indicates that ECVT is not financially healthy and even has some risk of bankruptcy.
ECVT has a Altman-Z score of 1.14. This is in the lower half of the industry: ECVT underperforms 72.29% of its industry peers.
The Debt to FCF ratio of ECVT is 11.56, which is on the high side as it means it would take ECVT, 11.56 years of fcf income to pay off all of its debts.
ECVT's Debt to FCF ratio of 11.56 is fine compared to the rest of the industry. ECVT outperforms 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.
With a Debt to Equity ratio value of 1.39, ECVT is not doing good in the industry: 72.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | 11.56 | ||
| Altman-Z | 1.14 |
ROIC/WACC0.43
WACC11.22%
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.
ECVT has a Quick Ratio of 2.07. This indicates that ECVT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.07, ECVT is in the better half of the industry, outperforming 79.52% of the companies in the same industry.
| 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.
ECVT shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.01% yearly.
The Revenue has been growing slightly by 7.74% in the past year.
Measured over the past years, ECVT shows a small growth in Revenue. The Revenue has been growing by 5.75% on average per year.
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
Based on estimates for the next years, ECVT will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.47% on average per year.
ECVT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.63% yearly.
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
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 17.63, the valuation of ECVT can be described as rather expensive.
Based on the Price/Earnings ratio, ECVT is valued a bit cheaper than 62.65% of the companies in the same industry.
When comparing the Price/Earnings ratio of ECVT to the average of the S&P500 Index (27.19), we can say ECVT is valued slightly cheaper.
With a Price/Forward Earnings ratio of 16.28, ECVT is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ECVT is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 23.88. ECVT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.63 | ||
| Fwd PE | 16.28 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ECVT is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, ECVT is valued a bit cheaper than the industry average as 75.90% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.31 | ||
| EV/EBITDA | 11.65 |
4.3 Compensation for Growth
A more expensive valuation may be justified as ECVT's earnings are expected to grow with 15.47% in the coming years.
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% |
10.58
+0.12 (+1.15%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners105.99%
Inst Owner Change0%
Ins Owners1.47%
Ins Owner Change-0.09%
Market Cap1.21B
Revenue(TTM)749.19M
Net Income(TTM)-106.87M
Analysts81.67
Price Target11.9 (12.48%)
Short Float %4.12%
Short Ratio3.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
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)-3.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-38.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-16.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-14.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.63 | ||
| Fwd PE | 16.28 | ||
| P/S | 1.61 | ||
| P/FCF | 16.31 | ||
| P/OCF | 8.46 | ||
| P/B | 1.98 | ||
| P/tB | 5.51 | ||
| EV/EBITDA | 11.65 |
EPS(TTM)0.6
EY5.67%
EPS(NY)0.65
Fwd EY6.14%
FCF(TTM)0.65
FCFY6.13%
OCF(TTM)1.25
OCFY11.82%
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 | 1.14 |
F-Score4
WACC11.22%
ROIC/WACC0.43
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.