Ingevity (NGVT)
Market Price (4/30/2026): $73.06 | Market Cap: $2.6 BilSector: Materials | Industry: Specialty Chemicals
Ingevity (NGVT)
Market Price (4/30/2026): $73.06Market Cap: $2.6 BilSector: MaterialsIndustry: Specialty Chemicals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 27%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 22% Attractive yieldFCF Yield is 10% Low stock price volatilityVol 12M is 44% Megatrend and thematic driversMegatrends include Advanced Materials, and Sustainable Resource Management. Themes include Specialty Chemicals for Performance, Resource Efficiency Solutions, Show more. | Trading close to highsDist 52W High is -4.6%, Dist 3Y High is -4.6% Weak multi-year price returns3Y Excs Rtn is -71% | Stock price has recently run up significantly12M Rtn12 month market price return is 121% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.8%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -8.2%, Rev Chg QQuarterly Revenue Change % is -3.1% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -10% Key risksNGVT key risks include [1] the long-term challenge to its core automotive carbon business from the market's transition to electric vehicles, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 27%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 22% |
| Attractive yieldFCF Yield is 10% |
| Low stock price volatilityVol 12M is 44% |
| Megatrend and thematic driversMegatrends include Advanced Materials, and Sustainable Resource Management. Themes include Specialty Chemicals for Performance, Resource Efficiency Solutions, Show more. |
| Trading close to highsDist 52W High is -4.6%, Dist 3Y High is -4.6% |
| Weak multi-year price returns3Y Excs Rtn is -71% |
| Stock price has recently run up significantly12M Rtn12 month market price return is 121% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.8%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -8.2%, Rev Chg QQuarterly Revenue Change % is -3.1% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -10% |
| Key risksNGVT key risks include [1] the long-term challenge to its core automotive carbon business from the market's transition to electric vehicles, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Strategic Portfolio Optimization and Divestitures.
Ingevity completed the sale of its North Charleston crude tall oil refinery assets and the majority of its Performance Chemicals Industrial Specialties product line, announced on January 5, 2026. This was followed by the initiation of exploring strategic alternatives for the Advanced Polymer Technologies segment and Performance Chemicals Road Markings product line. These decisive actions were communicated to reduce volatility and improve overall profitability and strategic flexibility, positively impacting investor sentiment.
2. Solid Underlying Financial Performance and Improved Leverage.
Despite a reported net loss of $167.1 million in the full year 2025 due to $336.8 million in non-cash special charges, Ingevity reported robust underlying business performance. The company achieved an adjusted EBITDA from continuing operations of $373.0 million, consistent with 2024, and expanded its adjusted EBITDA margin to 31.9%. Furthermore, Ingevity significantly improved its net leverage to 2.6 times, supported by strong operating cash flow of $331.2 million and free cash flow of $273.5 million.
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Stock Movement Drivers
Fundamental Drivers
The 23.5% change in NGVT stock from 12/31/2025 to 4/29/2026 was primarily driven by a 22.3% change in the company's P/S Multiple.| (LTM values as of) | 12312025 | 4292026 | Change |
|---|---|---|---|
| Stock Price ($) | 59.18 | 73.07 | 23.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,246 | 1,237 | -0.7% |
| P/S Multiple | 1.7 | 2.1 | 22.3% |
| Shares Outstanding (Mil) | 36 | 36 | 1.6% |
| Cumulative Contribution | 23.5% |
Market Drivers
12/31/2025 to 4/29/2026| Return | Correlation | |
|---|---|---|
| NGVT | 23.5% | |
| Market (SPY) | 5.2% | 44.6% |
| Sector (XLB) | 12.9% | 77.7% |
Fundamental Drivers
The 32.4% change in NGVT stock from 9/30/2025 to 4/29/2026 was primarily driven by a 30.7% change in the company's P/S Multiple.| (LTM values as of) | 9302025 | 4292026 | Change |
|---|---|---|---|
| Stock Price ($) | 55.19 | 73.07 | 32.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,246 | 1,237 | -0.7% |
| P/S Multiple | 1.6 | 2.1 | 30.7% |
| Shares Outstanding (Mil) | 36 | 36 | 2.0% |
| Cumulative Contribution | 32.4% |
Market Drivers
9/30/2025 to 4/29/2026| Return | Correlation | |
|---|---|---|
| NGVT | 32.4% | |
| Market (SPY) | 8.0% | 41.2% |
| Sector (XLB) | 14.8% | 62.2% |
Fundamental Drivers
The 84.6% change in NGVT stock from 3/31/2025 to 4/29/2026 was primarily driven by a 94.7% change in the company's P/S Multiple.| (LTM values as of) | 3312025 | 4292026 | Change |
|---|---|---|---|
| Stock Price ($) | 39.59 | 73.07 | 84.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,328 | 1,237 | -6.8% |
| P/S Multiple | 1.1 | 2.1 | 94.7% |
| Shares Outstanding (Mil) | 36 | 36 | 1.7% |
| Cumulative Contribution | 84.6% |
Market Drivers
3/31/2025 to 4/29/2026| Return | Correlation | |
|---|---|---|
| NGVT | 84.6% | |
| Market (SPY) | 29.3% | 53.1% |
| Sector (XLB) | 20.9% | 65.3% |
Fundamental Drivers
The 2.2% change in NGVT stock from 3/31/2023 to 4/29/2026 was primarily driven by a 31.8% change in the company's P/S Multiple.| (LTM values as of) | 3312023 | 4292026 | Change |
|---|---|---|---|
| Stock Price ($) | 71.52 | 73.07 | 2.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,668 | 1,237 | -25.8% |
| P/S Multiple | 1.6 | 2.1 | 31.8% |
| Shares Outstanding (Mil) | 37 | 36 | 4.6% |
| Cumulative Contribution | 2.2% |
Market Drivers
3/31/2023 to 4/29/2026| Return | Correlation | |
|---|---|---|
| NGVT | 2.2% | |
| Market (SPY) | 81.5% | 44.4% |
| Sector (XLB) | 34.0% | 57.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NGVT Return | -5% | -2% | -33% | -14% | 45% | 26% | -1% |
| Peers Return | 22% | -4% | 6% | -3% | -21% | 7% | 0% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 4% | 90% |
Monthly Win Rates [3] | |||||||
| NGVT Win Rate | 50% | 50% | 50% | 50% | 50% | 75% | |
| Peers Win Rate | 55% | 43% | 45% | 48% | 35% | 65% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| NGVT Max Drawdown | -13% | -21% | -47% | -33% | -27% | 0% | |
| Peers Max Drawdown | -5% | -23% | -21% | -15% | -32% | -6% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CBT, EMN, ASH, SCL, RPM. See NGVT Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/29/2026 (YTD)
How Low Can It Go
| Event | NGVT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -58.8% | -25.4% |
| % Gain to Breakeven | 142.5% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -68.1% | -33.9% |
| % Gain to Breakeven | 213.9% | 51.3% |
| Time to Breakeven | 415 days | 148 days |
| 2018 Correction | ||
| % Loss | -37.5% | -19.8% |
| % Gain to Breakeven | 60.0% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
Compare to CBT, EMN, ASH, SCL, RPM
In The Past
Ingevity's stock fell -58.8% during the 2022 Inflation Shock from a high on 2/17/2023. A -58.8% loss requires a 142.5% gain to breakeven.
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About Ingevity (NGVT)
AI Analysis | Feedback
Here are 1-3 brief analogies for Ingevity (NGVT):- Ingevity is like Eastman Chemical for specialty materials, but with a unique focus on activated carbon for reducing car emissions and performance chemicals for making roads last longer.
- They're similar to Cabot Corporation, providing specialized carbon materials and performance chemicals that are essential for cleaning car emissions and creating more durable road infrastructure.
AI Analysis | Feedback
```html- Activated Carbon for Emission Control: Hardwood-based and chemically activated carbon products primarily used in gasoline vapor emission control systems for vehicles.
- Activated Carbon for Purification: Activated carbon products utilized in food, water, beverage, and chemical purification applications.
- Pavement Technologies: Products derived from crude tall oil and lignin used in warm mix paving, pavement preservation, and reconstruction.
- Industrial Specialty Chemicals: Specialty chemicals used as oil well service additives, in adhesives, agrochemical dispersants, lubricants, and coatings.
- Engineered Polymers: Caprolactone monomers and derivatives used in the production of elastomers, bioplastics, and medical devices.
AI Analysis | Feedback
Ingevity (NGVT) primarily sells its specialty chemicals and activated carbon materials to other companies (B2B) across a wide range of industries globally.
Based on Ingevity's public financial disclosures, the company does not have any single major customer that accounts for 10% or more of its net sales. This indicates a highly diversified customer base rather than reliance on a few dominant buyers.
While no individual major customer names are disclosed due to this diversification, Ingevity's products are integral to operations within the following broad categories of customer companies:
- Automotive Manufacturers and Suppliers: Utilizing activated carbon for gasoline vapor emission control systems in cars, motorcycles, trucks, and boats.
- Industrial and Purification Companies: Including those in food, water, beverage, and chemical purification, as well as manufacturers requiring industrial specialties like adhesives, agrochemical dispersants, lubricants, printing inks, and coatings.
- Infrastructure and Construction Firms: Using pavement technologies for applications such as warm mix paving, pavement preservation, reconstruction, and recycling.
- Oil and Gas Sector: Employing products for oil well service additives, oil production, and various downstream applications.
- Engineered Polymers and Medical Device Manufacturers: Utilizing caprolactone monomers and derivatives for resins, elastomers, bioplastics, and medical devices.
AI Analysis | Feedback
David H. Li, President and CEO
David H. Li was appointed President and CEO of Ingevity, effective April 7, 2025. He brings over 25 years of experience in the specialty materials industry. Prior to joining Ingevity, he served as CEO, president, and a member of the board of CMC Materials, Inc. from January 2015 until its sale to Entegris, Inc. in 2022. During his tenure at CMC Materials, the company delivered a significant return to stockholders. He is recognized for his track record of repositioning businesses to achieve substantial growth, strong financial performance, and outstanding stockholder returns.
Mary Dean Hall, Executive Vice President and Chief Financial Officer
Mary Dean Hall joined Ingevity in April 2021 as Executive Vice President and Chief Financial Officer. She will transition from her current role effective May 1, 2026, and will continue in an advisory capacity for one year. Before Ingevity, she was CFO and Treasurer at Quaker Houghton from 2015 to April 2021. Her earlier career includes a 20-year tenure at Eastman Chemical Company, where she held various senior-level financial positions, including Vice President and Treasurer. She also held financial and banking positions at Nalco Chemical Company and with banks such as Citibank and First Chicago (now J.P. Morgan). Ms. Hall serves on the board of directors for Applied Industrial Technologies.
Phillip J. Platt, Senior Vice President, Finance and Chief Accounting Officer (Incoming Chief Financial Officer)
Phillip J. Platt is currently Ingevity's Senior Vice President, Finance and Chief Accounting Officer, and is appointed to succeed Mary Dean Hall as Senior Vice President and CFO, effective May 1, 2026. He joined Ingevity in 2015 as Chief Accounting Officer and Corporate Controller. Since then, he has held key finance leadership roles, including Vice President of Financial Planning and Business Transformation Lead, and has overseen Financial Reporting and Analysis, Treasury, Investor Relations, and Business Transformation.
Ruth Castillo, Senior Vice President and President, Performance Materials
Ruth Castillo serves as Senior Vice President and President of Performance Materials at Ingevity. Additional specific background details were not available in the provided search results.
Reid Clontz, Senior Vice President, Operations
Reid Clontz was appointed Senior Vice President, Operations, and a member of Ingevity's executive leadership team, effective December 8, 2025. He previously served as Vice President, Global Operations at Ingevity. Mr. Clontz brings more than two decades of experience in the chemical industry to his role, leading operations across multiple manufacturing sites, improving process efficiency, and aligning production with sustainability goals. In his current position, he also oversees the company's supply chain, procurement, and safety functions.
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Here are the key risks to Ingevity's business:
-
Transition to Electric Vehicles (EVs): A significant portion of Ingevity's Performance Materials segment relies on producing activated carbon for gasoline vapor emission control systems in traditional internal combustion engine vehicles. The accelerating global shift toward electric vehicles (EVs), which do not require these systems, presents a fundamental long-term threat to demand in this core business area. While Ingevity is exploring opportunities related to EV battery systems and advanced filtration technologies for electric vehicles, this is an evolving market, and its growth may not fully offset the decline in demand from gasoline-powered vehicles.
-
Raw Material Volatility and Supply Chain Disruptions: Ingevity's Performance Chemicals segment, and its overall operations, are heavily dependent on specific bio-based raw materials, particularly crude tall oil (CTO), a byproduct of the pulp and paper industry. The company has experienced significant increases in CTO costs in the past, which negatively impacted its financial results. The limited supply or lack of access to sufficient raw materials, coupled with price volatility, especially with rising demand for CTO in the biofuel industry, poses an ongoing risk to production costs and profitability.
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Regulatory Changes and Environmental Scrutiny: As a manufacturer of specialty chemicals and activated carbon, Ingevity operates in a highly regulated industry. The company is exposed to risks associated with evolving environmental laws, air quality standards, and other regulations, including those related to greenhouse gas emissions. Compliance with these changing regulations can lead to increased operational costs, necessitate significant capital expenditures for facility upgrades, or require costly adaptations of its products and manufacturing processes.
AI Analysis | Feedback
nullAI Analysis | Feedback
Ingevity Corporation operates in several addressable markets for its specialty chemicals and activated carbon materials. The market sizes for its main products and services are as follows:
Performance Materials Segment
- Automotive Activated Carbon Canisters: The global market for activated carbon for automotive applications, primarily for gasoline vapor emission control systems, was valued at approximately USD 291.12 million in 2024 and is projected to reach USD 514.5 million by 2034. North America holds the largest market share, at approximately 45%.
- Activated Carbon for Purification (Food, Water, Beverage, and Chemical Purification): The global activated carbon market size was estimated at USD 4,068.8 million in 2025 and is projected to reach USD 5,497.3 million by 2033. Another source indicates a global market size of USD 4.9 billion in 2024, expected to reach USD 8.8 billion in 2032. The water treatment segment accounted for the largest revenue share of 42.5% in 2025. The Asia Pacific region dominated the overall activated carbon industry with a 48.9% share in 2025.
Performance Chemicals Segment
- Crude Tall Oil (CTO) Derivatives: The global crude tall oil derivative market size reached USD 2.1 billion in 2024 and is expected to reach USD 3.0 billion by 2033. Another report estimates the market at USD 3.27 billion in 2024, projected to reach USD 5.00 billion by 2035. North America is the largest market for crude tall oil derivatives, holding approximately 45% of the global market share.
- Warm Mix Asphalt (Pavement Technologies): The global warm mix asphalt market size was estimated at USD 8.257 billion in 2024 and is projected to grow to USD 10.2 billion by 2035. North America held a majority share, valued at USD 3.0 billion in 2024, and is expected to reach USD 3.7 billion by 2035.
- Pavement Rejuvenators (Pavement Preservation): The global pavement rejuvenators market size reached USD 5.2 billion in 2024 and is projected to expand to USD 8.6 billion by 2033. North America remains the dominant regional market, accounting for approximately USD 2.1 billion in 2024.
- Caprolactone (Engineered Polymers): The global caprolactone market size was over USD 329.55 million in 2025 and is anticipated to cross USD 630.33 million by 2035. Another estimate places the global caprolactone market size at USD 256.69 million in 2024, anticipated to reach USD 289.159 million by 2032. The Asia Pacific region holds the largest revenue share in the caprolactone market.
AI Analysis | Feedback
Ingevity Corporation (NGVT) is expected to drive future revenue growth over the next 2-3 years through a combination of strategic pricing, expansion in its core Performance Chemicals segment, and potential tailwinds from the automotive industry. Here are 3-5 expected drivers of future revenue growth:- Price Increases in Performance Materials: Ingevity anticipates low single-digit sales growth in its Performance Materials segment for 2026, primarily supported by disciplined price increases in its automotive product lines. This segment manufactures activated carbon products used in gasoline vapor emission control systems.
- Growth in Performance Chemicals Core Businesses: The company projects mid-single-digit sales growth for its Performance Chemicals segment in 2026, which includes its Pavement Technologies product line. This growth is expected to stem from focusing on core, higher-value applications within this segment, following recent strategic repositioning actions such as the sale of its Industrial Specialties product line.
- Recovery in Global Automotive Production: While 2025 experienced volatility and lower auto production impacting volumes, the Performance Materials segment demonstrated resilience through pricing actions. A potential recovery and stabilization in global automotive manufacturing volumes in the coming years would provide an additional tailwind for this segment, complementing the expected growth from price increases.
- Benefits from Strategic Portfolio Optimization: Ingevity's ongoing efforts to optimize its portfolio through divestitures of non-core assets, such as the North Charleston crude tall oil refinery and the majority of its Industrial Specialties product line, are aimed at creating a more focused and agile enterprise. Although these actions may initially impact top-line revenue, they are expected to enhance the company's position in higher-margin, specialized markets, ultimately supporting more sustainable and profitable revenue growth in its core businesses over the next 2-3 years.
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Share Repurchases
- Ingevity deployed $56 million to repurchase approximately 1 million shares in 2025.
- As of year-end 2025, the company had a remaining share repurchase authorization of just under $300 million.
- Ingevity plans to complete $300 million in share repurchases through 2027, including almost $20 million already repurchased in the first quarter of 2026.
Share Issuance
- Ingevity granted 3,688 shares of common stock as restricted stock units to a senior executive in March 2026, vesting in equal installments from 2027 to 2029.
Capital Expenditures
- Capital expenditures were $54 million in 2025, $78 million in 2024, $110 million in 2023, $143 million in 2022, and $104 million in 2021.
- Capital expenditures for 2026 are expected to be consistent with 2025, in the range of $40 million to $60 million.
Latest Trefis Analyses
Trade Ideas
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| 03272026 | AXTA | Axalta Coating Systems | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.2% | 3.2% | -0.6% |
| 03272026 | IFF | International Flavors & Fragrances | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 2.2% | 2.2% | -0.1% |
| 03132026 | IP | International Paper | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -4.2% | -4.2% | -9.4% |
| 03062026 | ARIS | Aris Mining | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -3.9% | -3.9% | -16.7% |
| 03062026 | EMN | Eastman Chemical | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 9.8% | 9.8% | -6.0% |
| 10312023 | NGVT | Ingevity | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 27.0% | 3.4% | -21.6% |
| 09302022 | NGVT | Ingevity | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.0% | -21.5% | -22.7% |
| 08312020 | NGVT | Ingevity | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 27.4% | 43.1% | -14.2% |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 71.75 |
| Mkt Cap | 3.3 |
| Rev LTM | 2,970 |
| Op Inc LTM | 433 |
| FCF LTM | 337 |
| FCF 3Y Avg | 293 |
| CFO LTM | 499 |
| CFO 3Y Avg | 491 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -6.8% |
| Rev Chg 3Y Avg | -5.8% |
| Rev Chg Q | -3.9% |
| QoQ Delta Rev Chg LTM | -0.9% |
| Op Inc Chg LTM | -4.0% |
| Op Inc Chg 3Y Avg | -6.2% |
| Op Mgn LTM | 11.6% |
| Op Mgn 3Y Avg | 12.2% |
| QoQ Delta Op Mgn LTM | -0.5% |
| CFO/Rev LTM | 12.3% |
| CFO/Rev 3Y Avg | 14.2% |
| FCF/Rev LTM | 8.0% |
| FCF/Rev 3Y Avg | 9.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 3.3 |
| P/S | 1.2 |
| P/Op Inc | 11.6 |
| P/EBIT | 8.4 |
| P/E | 14.9 |
| P/CFO | 8.1 |
| Total Yield | 6.3% |
| Dividend Yield | 1.6% |
| FCF Yield 3Y Avg | 5.5% |
| D/E | 0.5 |
| Net D/E | 0.5 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -0.7% |
| 3M Rtn | -1.0% |
| 6M Rtn | 11.9% |
| 12M Rtn | -2.5% |
| 3Y Rtn | -2.0% |
| 1M Excs Rtn | -13.2% |
| 3M Excs Rtn | -3.3% |
| 6M Excs Rtn | 5.1% |
| 12M Excs Rtn | -31.1% |
| 3Y Excs Rtn | -73.7% |
Comparison Analyses
Price Behavior
| Market Price | $73.07 | |
| Market Cap ($ Bil) | 2.6 | |
| First Trading Date | 05/02/2016 | |
| Distance from 52W High | -4.6% | |
| 50 Days | 200 Days | |
| DMA Price | $70.89 | $60.18 |
| DMA Trend | up | up |
| Distance from DMA | 3.1% | 21.4% |
| 3M | 1YR | |
| Volatility | 32.5% | 43.9% |
| Downside Capture | 0.45 | 0.45 |
| Upside Capture | 100.45 | 149.65 |
| Correlation (SPY) | 43.6% | 37.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.70 | 1.02 | 1.10 | 1.27 | 1.37 | 1.41 |
| Up Beta | 1.96 | 1.24 | 1.19 | 1.21 | 1.26 | 1.32 |
| Down Beta | 1.06 | 1.32 | 1.10 | 1.05 | 1.68 | 1.55 |
| Up Capture | 303% | 149% | 194% | 219% | 199% | 213% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 8 | 20 | 32 | 66 | 135 | 373 |
| Down Capture | 130% | 43% | 48% | 103% | 104% | 109% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 14 | 22 | 31 | 59 | 115 | 375 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NGVT | |
|---|---|---|---|---|
| NGVT | 132.7% | 43.7% | 2.06 | - |
| Sector ETF (XLB) | 25.7% | 16.4% | 1.21 | 56.1% |
| Equity (SPY) | 31.5% | 12.5% | 1.93 | 36.5% |
| Gold (GLD) | 35.2% | 27.2% | 1.09 | 12.0% |
| Commodities (DBC) | 46.7% | 18.1% | 1.99 | -10.1% |
| Real Estate (VNQ) | 12.8% | 13.4% | 0.65 | 33.0% |
| Bitcoin (BTCUSD) | -19.6% | 42.1% | -0.40 | 23.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NGVT | |
|---|---|---|---|---|
| NGVT | 1.0% | 43.2% | 0.16 | - |
| Sector ETF (XLB) | 6.7% | 18.9% | 0.25 | 58.8% |
| Equity (SPY) | 13.1% | 17.1% | 0.60 | 48.5% |
| Gold (GLD) | 20.1% | 17.8% | 0.92 | 11.4% |
| Commodities (DBC) | 14.6% | 19.1% | 0.63 | 14.1% |
| Real Estate (VNQ) | 3.4% | 18.8% | 0.08 | 44.0% |
| Bitcoin (BTCUSD) | 8.1% | 56.2% | 0.36 | 22.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NGVT | |
|---|---|---|---|---|
| NGVT | 12.0% | 44.1% | 0.42 | - |
| Sector ETF (XLB) | 10.2% | 20.6% | 0.44 | 59.3% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | 52.9% |
| Gold (GLD) | 13.4% | 15.9% | 0.70 | 3.0% |
| Commodities (DBC) | 9.6% | 17.7% | 0.45 | 22.6% |
| Real Estate (VNQ) | 5.5% | 20.7% | 0.23 | 44.3% |
| Bitcoin (BTCUSD) | 67.5% | 66.9% | 1.07 | 14.2% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/25/2026 | 1.3% | 0.4% | 2.5% |
| 11/5/2025 | -15.2% | -9.8% | -0.9% |
| 8/4/2025 | 21.3% | 27.8% | 41.7% |
| 5/5/2025 | 10.4% | 21.2% | 16.7% |
| 2/18/2025 | 5.3% | 4.8% | -3.5% |
| 10/29/2024 | 17.9% | 22.8% | 35.1% |
| 7/31/2024 | -7.1% | -24.1% | -14.0% |
| 5/1/2024 | 5.6% | 4.1% | -5.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 13 | 12 |
| # Negative | 6 | 9 | 10 |
| Median Positive | 5.4% | 4.1% | 14.6% |
| Median Negative | -6.8% | -5.4% | -5.0% |
| Max Positive | 21.3% | 27.8% | 41.7% |
| Max Negative | -15.2% | -24.1% | -21.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-Q |
| 03/31/2025 | 05/06/2025 | 10-Q |
| 12/31/2024 | 02/19/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 2/25/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue | 1.10 Bil | 1.15 Bil | 1.20 Bil | -11.5% | Lowered | Guidance: 1.30 Bil for 2025 | |
| 2026 Adjusted EBITDA | 380.00 Mil | 390.00 Mil | 400.00 Mil | -1.9% | Lowered | Guidance: 397.50 Mil for 2025 | |
| 2026 Adjusted EPS | 4.8 | 5 | 5.2 | ||||
| 2026 Free Cash Flow | 225.00 Mil | 237.50 Mil | 250.00 Mil | ||||
Prior: Q3 2025 Earnings Reported 11/5/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Total Net Sales | 1.25 Bil | 1.30 Bil | 1.35 Bil | -1.9% | Lowered | Guidance: 1.32 Bil for 2025 | |
| 2025 Total Adjusted EBITDA | 390.00 Mil | 397.50 Mil | 405.00 Mil | -1.2% | Lowered | Guidance: 402.50 Mil for 2025 | |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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