Financial Analysis: Ingevity (NGVT) & Its Rivals

Ingevity (NYSE: NGVT) is one of 30 public companies in the “Commodity Chemicals” industry, but how does it contrast to its competitors? We will compare Ingevity to similar businesses based on the strength of its analyst recommendations, risk, institutional ownership, profitability, valuation, dividends and earnings.

Analyst Recommendations

This is a summary of recent recommendations for Ingevity and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ingevity 0 0 5 0 3.00
Ingevity Competitors 110 834 1232 37 2.54

Ingevity currently has a consensus target price of $79.20, suggesting a potential upside of 4.91%. As a group, “Commodity Chemicals” companies have a potential downside of 1.50%. Given Ingevity’s stronger consensus rating and higher probable upside, analysts clearly believe Ingevity is more favorable than its competitors.

Earnings and Valuation

This table compares Ingevity and its competitors revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Ingevity $908.30 million $35.20 million 33.70
Ingevity Competitors $4.01 billion $340.26 million 46.51

Ingevity’s competitors have higher revenue and earnings than Ingevity. Ingevity is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Insider and Institutional Ownership

91.1% of Ingevity shares are held by institutional investors. Comparatively, 70.6% of shares of all “Commodity Chemicals” companies are held by institutional investors. 0.1% of Ingevity shares are held by company insiders. Comparatively, 7.8% of shares of all “Commodity Chemicals” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Ingevity and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Ingevity 9.86% 58.14% 12.09%
Ingevity Competitors 7.28% 26.06% 6.73%

Summary

Ingevity beats its competitors on 7 of the 12 factors compared.

Ingevity Company Profile

Ingevity Corporation is a manufacturer of specialty chemicals and high performance carbon materials. The Company is also a manufacturer of activated carbon used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. The Company operates through two segments: Performance Materials and Performance Chemicals. The Performance Materials segment primarily produces automotive carbon products used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. The Performance Chemicals segment develops, manufactures and sells a range of specialty chemicals primarily derived from co-products of the Kraft pulping process. Its products are used in a range of applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks and automotive components that reduce gasoline vapor emissions.

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