XNYSNEU
Market cap4.70bUSD
Jan 08, Last price
489.81USD
1D
0.92%
1Q
-6.46%
Jan 2017
15.56%
Name
NewMarket Corp
Chart & Performance
Profile
NewMarket Corporation, through its subsidiaries, engages in the petroleum additives business. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, grease, industrial gear fluids, and industrial specialty applications, such as turbine oils. It also provides fuel additives that are used to enhance the oil refining process and the performance of gasoline, diesel, biofuels, and other fuels to industry, government, original equipment manufacturers, and individual customers. In addition, the company engages in the antiknock compounds business, as well as contracted manufacturing and services activities; and owns and manages a real property in Virginia. It operates in North America, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and India. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 2,698,419 -2.40% | 2,764,799 17.35% | |||||||
Cost of revenue | 2,063,904 | 2,264,554 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 634,515 | 500,245 | |||||||
NOPBT Margin | 23.51% | 18.09% | |||||||
Operating Taxes | 100,098 | 68,196 | |||||||
Tax Rate | 15.78% | 13.63% | |||||||
NOPAT | 534,417 | 432,049 | |||||||
Net income | 388,864 39.11% | 279,538 46.43% | |||||||
Dividends | (85,034) | (84,263) | |||||||
Dividend yield | 1.63% | 2.70% | |||||||
Proceeds from repurchase of equity | (42,864) | (207,470) | |||||||
BB yield | 0.82% | 6.65% | |||||||
Debt | |||||||||
Debt current | 15,074 | 15,569 | |||||||
Long-term debt | 808,500 | 1,113,242 | |||||||
Deferred revenue | |||||||||
Other long-term liabilities | 90,465 | 107,826 | |||||||
Net debt | 711,638 | 1,057,105 | |||||||
Cash flow | |||||||||
Cash from operating activities | 576,823 | 115,316 | |||||||
CAPEX | (48,293) | (56,169) | |||||||
Cash from investing activities | (48,293) | 315,890 | |||||||
Cash from financing activities | (487,594) | (439,357) | |||||||
FCF | 597,229 | 309,966 | |||||||
Balance | |||||||||
Cash | 111,936 | 68,712 | |||||||
Long term investments | 2,994 | ||||||||
Excess cash | |||||||||
Stockholders' equity | 1,077,061 | 762,407 | |||||||
Invested Capital | 1,901,124 | 1,920,398 | |||||||
ROIC | 27.97% | 25.44% | |||||||
ROCE | 32.38% | 25.23% | |||||||
EV | |||||||||
Common stock shares outstanding | 9,583 | 10,035 | |||||||
Price | 545.83 75.45% | 311.11 -9.22% | |||||||
Market cap | 5,230,689 67.54% | 3,121,989 -15.31% | |||||||
EV | 5,942,327 | 4,179,094 | |||||||
EBITDA | 712,525 | 582,530 | |||||||
EV/EBITDA | 8.34 | 7.17 | |||||||
Interest | 37,359 | 35,202 | |||||||
Interest/NOPBT | 5.89% | 7.04% |