KOPPERS HOLDINGS INC (KOP)
US50060P1066 - Common Stock
Overall KOP gets a fundamental rating of 4 out of 10. We evaluated KOP against 83 industry peers in the Chemicals industry. KOP has a medium profitability rating, but doesn't score so well on its financial health evaluation. KOP is cheap, but on the other hand it scores bad on growth.
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.
Each year in the past 5 years KOP has been profitable.
Each year in the past 5 years KOP had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 3.92%, KOP is doing good in the industry, outperforming 61.45% of the companies in the same industry.
KOP has a better Return On Equity (14.41%) than 78.31% of its industry peers.
KOP has a better Return On Invested Capital (7.84%) than 75.90% of its industry peers.
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 7.24%.
The 3 year average ROIC (7.37%) for KOP is below the current ROIC(7.84%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.92% | ||
| ROE | 14.41% | ||
| ROIC | 7.84% |
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
Looking at the Profit Margin, with a value of 3.60%, KOP is in line with its industry, outperforming 49.40% of the companies in the same industry.
In the last couple of years the Profit Margin of KOP has grown nicely.
KOP has a Operating Margin (8.87%) which is comparable to the rest of the industry.
KOP's Operating Margin has improved in the last couple of years.
KOP has a worse Gross Margin (20.46%) than 63.86% of its industry peers.
KOP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.87% | ||
| PM (TTM) | 3.6% | ||
| GM | 20.46% |
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
KOP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
KOP has more shares outstanding than it did 1 year ago.
The number of shares outstanding for KOP has been increased compared to 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 2.30. 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 (2.30) is better than 66.27% of its industry peers.
The Debt to FCF ratio of KOP is 42.10, which is on the high side as it means it would take KOP, 42.10 years of fcf income to pay off all of its debts.
KOP has a Debt to FCF ratio of 42.10. This is in the lower half of the industry: KOP underperforms 63.86% of its industry peers.
KOP has a Debt/Equity ratio of 1.83. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.83, KOP is not doing good in the industry: 85.54% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.83 | ||
| Debt/FCF | 42.1 | ||
| Altman-Z | 2.3 |
ROIC/WACC0.97
WACC8.07%
2.3 Liquidity
KOP has a Current Ratio of 2.54. This indicates that KOP is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.54, KOP is in the better half of the industry, outperforming 67.47% of the companies in the same industry.
KOP has a Quick Ratio of 1.13. 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 1.13, KOP is doing worse than 60.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.54 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
The earnings per share for KOP have decreased strongly by -16.08% in the last year.
The Earnings Per Share has been growing slightly by 4.90% on average over the past years.
The Revenue has been growing slightly by 0.22% in the past year.
The Revenue has been growing slightly by 6.63% on average over the past years.
EPS 1Y (TTM)-16.08%
EPS 3Y1.9%
EPS 5Y4.9%
EPS Q2Q%3.79%
Revenue 1Y (TTM)0.22%
Revenue growth 3Y8.88%
Revenue growth 5Y6.63%
Sales Q2Q%0.71%
3.2 Future
Based on estimates for the next years, KOP will show a small growth in Earnings Per Share. The EPS will grow by 1.91% on average per year.
KOP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.62% yearly.
EPS Next Y-1.31%
EPS Next 2Y1.72%
EPS Next 3Y1.91%
EPS Next 5YN/A
Revenue Next Year-0.42%
Revenue Next 2Y0.56%
Revenue Next 3Y1.62%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.78, the valuation of KOP can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of KOP indicates a rather cheap valuation: KOP is cheaper than 93.98% of the companies listed in the same industry.
KOP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.20.
With a Price/Forward Earnings ratio of 6.92, the valuation of KOP can be described as very cheap.
Based on the Price/Forward Earnings ratio, KOP is valued cheaper than 93.98% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.73, KOP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.78 | ||
| Fwd PE | 6.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KOP is valued cheaply inside the industry as 86.75% of the companies are valued more expensively.
KOP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.22 | ||
| EV/EBITDA | 6.13 |
4.3 Compensation for Growth
The decent profitability rating of KOP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.59
EPS Next 2Y1.72%
EPS Next 3Y1.91%
5. Dividend
5.1 Amount
With a yearly dividend of 0.89%, KOP is not a good candidate for dividend investing.
KOP's Dividend Yield is comparable with the industry average which is at 3.35.
With a Dividend Yield of 0.89, KOP pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
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 in the last 3 years.
Dividend Growth(5Y)-24.83%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
KOP pays out 7.56% of its income as dividend. This is a sustainable payout ratio.
DP7.56%
EPS Next 2Y1.72%
EPS Next 3Y1.91%
KOPPERS HOLDINGS INC
NYSE:KOP (12/23/2024, 9:56:38 AM)
31.29
+0.28 (+0.9%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners91.62%
Inst Owner Change-0.97%
Ins Owners4.43%
Ins Owner Change-0.91%
Market Cap634.25M
Analysts85.71
Price Target65.96 (110.8%)
Short Float %1.81%
Short Ratio3.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
Dividend Growth(5Y)-24.83%
DP7.56%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.18%
Min EPS beat(2)4.61%
Max EPS beat(2)5.75%
EPS beat(4)2
Avg EPS beat(4)-0.7%
Min EPS beat(4)-7.92%
Max EPS beat(4)5.75%
EPS beat(8)6
Avg EPS beat(8)11.01%
EPS beat(12)9
Avg EPS beat(12)7.73%
EPS beat(16)12
Avg EPS beat(16)9.43%
Revenue beat(2)0
Avg Revenue beat(2)-5.24%
Min Revenue beat(2)-5.47%
Max Revenue beat(2)-5.02%
Revenue beat(4)1
Avg Revenue beat(4)-1.8%
Min Revenue beat(4)-5.47%
Max Revenue beat(4)5.06%
Revenue beat(8)3
Avg Revenue beat(8)0.28%
Revenue beat(12)5
Avg Revenue beat(12)0.27%
Revenue beat(16)6
Avg Revenue beat(16)-0.33%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20.86%
EPS NY rev (1m)2.73%
EPS NY rev (3m)2.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.26%
Revenue NY rev (1m)-2.82%
Revenue NY rev (3m)-3.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.78 | ||
| Fwd PE | 6.92 | ||
| P/S | 0.3 | ||
| P/FCF | 27.22 | ||
| P/OCF | 5.7 | ||
| P/B | 1.19 | ||
| P/tB | 7.1 | ||
| EV/EBITDA | 6.13 |
EPS(TTM)4.02
EY12.85%
EPS(NY)4.52
Fwd EY14.45%
FCF(TTM)1.15
FCFY3.67%
OCF(TTM)5.49
OCFY17.55%
SpS105
BVpS26.26
TBVpS4.41
PEG (NY)N/A
PEG (5Y)1.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.92% | ||
| ROE | 14.41% | ||
| ROCE | 11.28% | ||
| ROIC | 7.84% | ||
| ROICexc | 8.05% | ||
| ROICexgc | 11.06% | ||
| OM | 8.87% | ||
| PM (TTM) | 3.6% | ||
| GM | 20.46% | ||
| FCFM | 1.09% |
ROA(3y)4.56%
ROA(5y)5.12%
ROE(3y)18.24%
ROE(5y)27.13%
ROIC(3y)7.37%
ROIC(5y)7.59%
ROICexc(3y)7.63%
ROICexc(5y)7.84%
ROICexgc(3y)10.87%
ROICexgc(5y)11.64%
ROCE(3y)10.61%
ROCE(5y)10.93%
ROICexcg growth 3Y-2.42%
ROICexcg growth 5Y4.63%
ROICexc growth 3Y1.36%
ROICexc growth 5Y9.59%
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%
F-Score6
Asset Turnover1.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.83 | ||
| Debt/FCF | 42.1 | ||
| Debt/EBITDA | 3.82 | ||
| Cap/Depr | 132.33% | ||
| Cap/Sales | 4.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 43.61% | ||
| Profit Quality | 30.37% | ||
| Current Ratio | 2.54 | ||
| Quick Ratio | 1.13 | ||
| Altman-Z | 2.3 |
F-Score6
WACC8.07%
ROIC/WACC0.97
Cap/Depr(3y)205.25%
Cap/Depr(5y)162.46%
Cap/Sales(3y)6.12%
Cap/Sales(5y)4.96%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-16.08%
EPS 3Y1.9%
EPS 5Y4.9%
EPS Q2Q%3.79%
EPS Next Y-1.31%
EPS Next 2Y1.72%
EPS Next 3Y1.91%
EPS Next 5YN/A
Revenue 1Y (TTM)0.22%
Revenue growth 3Y8.88%
Revenue growth 5Y6.63%
Sales Q2Q%0.71%
Revenue Next Year-0.42%
Revenue Next 2Y0.56%
Revenue Next 3Y1.62%
Revenue Next 5YN/A
EBIT growth 1Y2.67%
EBIT growth 3Y5.82%
EBIT growth 5Y14.87%
EBIT Next Year36.15%
EBIT Next 3Y16.63%
EBIT Next 5YN/A
FCF growth 1Y453.03%
FCF growth 3Y-23.86%
FCF growth 5YN/A
OCF growth 1Y0.45%
OCF growth 3Y4.56%
OCF growth 5Y11.57%