Ingevity Corporation manufactures and sells specialty chemicals and carbon materials in the United States and internationally. It operates through two segments, Performance Chemicals and Performance Materials.
NGVT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Ingevity Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Ingevity Corp ranked in the 79th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 551.83% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for NGVT, they are:
Its compound free cash flow growth rate, as measured over the past 4.82 years, is 0.41% -- higher than 76.38% of stocks in our DCF forecasting set.
Ingevity Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 5.59% of tickers in our DCF set.
Relative to other stocks in its sector (Basic Materials), Ingevity Corp has a reliance on debt greater than 68.52% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NGVT, try UFPI, WLKP, MT, KALU, and WMS.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). We reversed our stance on March 25th after seeing unprecedented fiscal and monetary stimulus unleashed by the Fed and the Congress. […]
NORTH CHARLESTON, S.C.--(BUSINESS WIRE)---- $NGVT #ceo--Ingevity (NYSE:NGVT) announced that it has named John C. Fortson as the company’s president and CEO, and that he would join the board of directors.
NORTH CHARLESTON, S.C.--(BUSINESS WIRE)---- $NGVT #purifyprotectenhance--Ingevity (NYSE: NGVT) published its 2019 sustainability report, detailing the company’s ongoing commitment to operating as a sustainable organization.