NGVT Valuation

Ingevity Corp

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57.890

-0.66(-1.127%)1D

Overview
Forecast
Valuation
Earnings

NGVT Relative Valuation

NGVT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, NGVT is overvalued; if below, it's undervalued.

Historical Valuation

Ingevity Corp (NGVT) is now in the Fair zone, suggesting that its current forward PE ratio of 12.95 is considered Fairly compared with the five-year average of 13.22. The fair price of Ingevity Corp (NGVT) is between 57.37 to 80.90 according to relative valuation methord.

Relative Value

Fair Zone

57.37-80.90

Current Price：57.97

Fair

12.95

Trailing

Forward

8.39

EV/EBITDA

Ingevity Corp. (NGVT) has a current EV/EBITDA of 8.39. The 5-year average EV/EBITDA is 8.67. The thresholds are as follows: Strongly Undervalued below 6.34, Undervalued between 6.34 and 7.51, Fairly Valued between 9.83 and 7.51, Overvalued between 9.83 and 10.99, and Strongly Overvalued above 10.99. The current Forward EV/EBITDA of 8.39 falls within the Historic Trend Line -Fairly Valued range.

11.29

EV/EBIT

Ingevity Corp. (NGVT) has a current EV/EBIT of 11.29. The 5-year average EV/EBIT is 12.14. The thresholds are as follows: Strongly Undervalued below 7.95, Undervalued between 7.95 and 10.04, Fairly Valued between 14.23 and 10.04, Overvalued between 14.23 and 16.33, and Strongly Overvalued above 16.33. The current Forward EV/EBIT of 11.29 falls within the Historic Trend Line -Fairly Valued range.

1.59

Ingevity Corp. (NGVT) has a current PS of 1.59. The 5-year average PS is 1.53. The thresholds are as follows: Strongly Undervalued below 0.56, Undervalued between 0.56 and 1.04, Fairly Valued between 2.01 and 1.04, Overvalued between 2.01 and 2.50, and Strongly Overvalued above 2.50. The current Forward PS of 1.59 falls within the Historic Trend Line -Fairly Valued range.

6.49

P/OCF

Ingevity Corp. (NGVT) has a current P/OCF of 6.49. The 5-year average P/OCF is 8.04. The thresholds are as follows: Strongly Undervalued below 2.99, Undervalued between 2.99 and 5.51, Fairly Valued between 10.56 and 5.51, Overvalued between 10.56 and 13.09, and Strongly Overvalued above 13.09. The current Forward P/OCF of 6.49 falls within the Historic Trend Line -Fairly Valued range.

8.25

P/FCF

Ingevity Corp. (NGVT) has a current P/FCF of 8.25. The 5-year average P/FCF is 5.25. The thresholds are as follows: Strongly Undervalued below -86.32, Undervalued between -86.32 and -40.53, Fairly Valued between 51.03 and -40.53, Overvalued between 51.03 and 96.81, and Strongly Overvalued above 96.81. The current Forward P/FCF of 8.25 falls within the Historic Trend Line -Fairly Valued range.

Ingevity Corp (NGVT) has a current Price-to-Book (P/B) ratio of 17.69. Compared to its 3-year average P/B ratio of 4.90 , the current P/B ratio is approximately 261.30% higher. Relative to its 5-year average P/B ratio of 4.67, the current P/B ratio is about 278.98% higher. Ingevity Corp (NGVT) has a Forward Free Cash Flow (FCF) yield of approximately 7.06%. Compared to its 3-year average FCF yield of 5.70%, the current FCF yield is approximately 23.95% lower. Relative to its 5-year average FCF yield of 6.60% , the current FCF yield is about 7.00% lower.

17.69

P/B

Median3y

4.90

Median5y

4.67

7.06

FCF Yield

Median3y

5.70

Median5y

6.60

Competitors Valuation Multiple

The average P/S ratio for NGVT's competitors is 2.02, providing a benchmark for relative valuation. Ingevity Corp Corp (NGVT) exhibits a P/S ratio of 1.59, which is -21.32% above the industry average. Given its robust revenue growth of -6.53%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Perimeter Solutions Inc

Performance Decomposition

Market capitalization of NGVT increased by 50.13% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -4.88 to -9.83.

The secondary factor is the Revenue Growth, contributed -6.53%to the performance.

Overall, the performance of NGVT in the past 1 year is driven by P/E Change. Which is more unsustainable.

-6.53%

390.60M → 365.10M

Revenue Growth

-44.75%

-72.63 → -40.13

Margin Expansion

101.41%

-4.88 → -9.83

P/E Change

50.13%