KOPPERS HOLDINGS INC (KOP)
US50060P1066 - Common Stock
We assign a fundamental rating of 5 out of 10 to KOP. KOP was compared to 84 industry peers in the Chemicals industry. KOP has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on KOP.
1. Profitability
1.1 Basic Checks
In the past year KOP was profitable.
In the past year KOP had a positive cash flow from operations.
KOP had positive earnings in each of the past 5 years.
In the past 5 years KOP always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 4.12%, KOP is doing good in the industry, outperforming 71.43% of the companies in the same industry.
KOP has a Return On Equity of 15.75%. This is in the better half of the industry: KOP outperforms 78.57% of its industry peers.
With a decent Return On Invested Capital value of 7.63%, KOP is doing good in the industry, outperforming 72.62% of the companies in the same industry.
KOP had an Average Return On Invested Capital over the past 3 years of 7.37%. This is in line with the industry average of 6.35%.
The last Return On Invested Capital (7.63%) for KOP is above the 3 year average (7.37%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.12% | ||
| ROE | 15.75% | ||
| ROIC | 7.63% |
ROA(3y)4.56%
ROA(5y)5.12%
ROE(3y)18.24%
ROE(5y)27.13%
ROIC(3y)7.37%
ROIC(5y)7.59%
1.3 Margins
The Profit Margin of KOP (3.78%) is comparable to the rest of the industry.
KOP's Profit Margin has improved in the last couple of years.
KOP has a Operating Margin of 8.60%. This is comparable to the rest of the industry: KOP outperforms 53.57% of its industry peers.
In the last couple of years the Operating Margin of KOP has grown nicely.
Looking at the Gross Margin, with a value of 20.04%, KOP is doing worse than 61.90% of the companies in the same industry.
In the last couple of years the Gross Margin of KOP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.6% | ||
| PM (TTM) | 3.78% | ||
| GM | 20.04% |
OM growth 3Y-2.8%
OM growth 5Y7.73%
PM growth 3Y-17.26%
PM growth 5Y22.56%
GM growth 3Y-3%
GM growth 5Y0.4%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KOP is destroying value.
The number of shares outstanding for KOP has been increased compared to 1 year ago.
KOP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for KOP has been reduced compared to a year ago.
2.2 Solvency
KOP has an Altman-Z score of 2.34. This is not the best score and indicates that KOP is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of KOP (2.34) is better than 63.10% of its industry peers.
The Debt to FCF ratio of KOP is 16.05, which is on the high side as it means it would take KOP, 16.05 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 16.05, KOP is in line with its industry, outperforming 41.67% of the companies in the same industry.
KOP has a Debt/Equity ratio of 1.94. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of KOP (1.94) is worse than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.94 | ||
| Debt/FCF | 16.05 | ||
| Altman-Z | 2.34 |
ROIC/WACC0.98
WACC7.75%
2.3 Liquidity
A Current Ratio of 2.53 indicates that KOP has no problem at all paying its short term obligations.
The Current ratio of KOP (2.53) is comparable to the rest of the industry.
KOP has a Quick Ratio of 1.12. This is a normal value and indicates that KOP is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.12, KOP is doing worse than 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.53 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for KOP have decreased strongly by -14.81% in the last year.
The Earnings Per Share has been growing slightly by 4.90% on average over the past years.
Looking at the last year, KOP shows a small growth in Revenue. The Revenue has grown by 0.72% in the last year.
KOP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.63% yearly.
EPS 1Y (TTM)-14.81%
EPS 3Y1.9%
EPS 5Y4.9%
EPS Q2Q%7.94%
Revenue 1Y (TTM)0.72%
Revenue growth 3Y8.88%
Revenue growth 5Y6.63%
Sales Q2Q%-2.43%
3.2 Future
KOP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.52% yearly.
The Revenue is expected to grow by 5.86% on average over the next years.
EPS Next Y-2.08%
EPS Next 2Y6.2%
EPS Next 3Y13.52%
EPS Next 5YN/A
Revenue Next Year3.96%
Revenue Next 2Y4.44%
Revenue Next 3Y5.86%
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
The Price/Earnings ratio is 9.22, which indicates a very decent valuation of KOP.
Based on the Price/Earnings ratio, KOP is valued cheaper than 94.05% of the companies in the same industry.
KOP is valuated cheaply when we compare the Price/Earnings ratio to 29.62, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 7.43 indicates a rather cheap valuation of KOP.
Based on the Price/Forward Earnings ratio, KOP is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.22, KOP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.22 | ||
| Fwd PE | 7.43 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KOP is valued cheaper than 85.71% of the companies in the same industry.
KOP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. KOP is cheaper than 80.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.56 | ||
| EV/EBITDA | 7.05 |
4.3 Compensation for Growth
KOP has a very decent profitability rating, which may justify a higher PE ratio.
KOP's earnings are expected to grow with 13.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.88
EPS Next 2Y6.2%
EPS Next 3Y13.52%
5. Dividend
5.1 Amount
KOP has a yearly dividend return of 0.75%, which is pretty low.
Compared to an average industry Dividend Yield of 2.93, KOP has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.26, KOP's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
5.2 History
The dividend of KOP decreases each year by -24.83%.
KOP has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of KOP decreased recently.
Dividend Growth(5Y)-24.83%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
KOP pays out 6.98% of its income as dividend. This is a sustainable payout ratio.
DP6.98%
EPS Next 2Y6.2%
EPS Next 3Y13.52%
KOPPERS HOLDINGS INC
NYSE:KOP (9/6/2024, 8:24:41 PM)
After market: 36.62 0 (0%)36.62
-0.56 (-1.51%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap751.44M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.22 | ||
| Fwd PE | 7.43 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.12% | ||
| ROE | 15.75% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.6% | ||
| PM (TTM) | 3.78% | ||
| GM | 20.04% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.94 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.53 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-14.81%
EPS 3Y1.9%
EPS 5Y
EPS Q2Q%
EPS Next Y-2.08%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.72%
Revenue growth 3Y8.88%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y