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:
Below please find a table outlining a discounted cash flow forecast for NGVT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Ingevity Corp ranked in the 77th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 507.17%. 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 4.39 years, is 0.36% -- higher than 77.28% of stocks in our DCF forecasting set.
Ingevity Corp's weighted average cost of capital (WACC) is 6%; for context, that number is higher than only 9.16% of tickers in our DCF set.
Relative to other stocks in its sector (Basic Materials), Ingevity Corp has a reliance on debt greater than 60.18% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Ingevity Corp? See WMS, XPEL, ODC, NX, and HUN.