NGVT official logo NGVT
NGVT 1-star rating from Upturn Advisory
Ingevity Corp (NGVT) company logo

Ingevity Corp (NGVT)

Ingevity Corp (NGVT) 1-star rating from Upturn Advisory
$52.23
Last Close (24-hour delay)
upturn advisory logo
PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

11/28/2025: NGVT (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $66.75

1 Year Target Price $66.75

Analysts Price Target For last 52 week
$66.75 Target price
52w Low $28.49
Current$52.23
52w High $60.77

Analysis of Past Performance

Type Stock
Historic Profit -39.59%
Avg. Invested days 30
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.90B USD
Price to earnings Ratio -
1Y Target Price 66.75
Price to earnings Ratio -
1Y Target Price 66.75
Volume (30-day avg) 4
Beta 1.4
52 Weeks Range 28.49 - 60.77
Updated Date 11/30/2025
52 Weeks Range 28.49 - 60.77
Updated Date 11/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -9.94

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-05
When -
Estimate 1.39
Actual 1.52

Profitability

Profit Margin -4.77%
Operating Margin (TTM) 24.86%

Management Effectiveness

Return on Assets (TTM) 8.1%
Return on Equity (TTM) -204.65%

Valuation

Trailing PE -
Forward PE 9.97
Enterprise Value 3086501391
Price to Sales(TTM) 1.38
Enterprise Value 3086501391
Price to Sales(TTM) 1.38
Enterprise Value to Revenue 2.23
Enterprise Value to EBITDA 43.19
Shares Outstanding 35964032
Shares Floating 35668767
Shares Outstanding 35964032
Shares Floating 35668767
Percent Insiders 1.21
Percent Institutions 104.07

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Ingevity Corp

Ingevity Corp(NGVT) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Ingevity Corporation was spun off from WestRock in May 2016. It focuses on specialty chemicals and high-performance carbon materials.

Company business area logo Core Business Areas

  • Performance Chemicals: This segment produces and sells specialty chemicals derived from pine chemicals and other natural sources, used in applications like asphalt paving, oilfield, agrochemicals, and adhesives.
  • Advanced Polymer Technologies: This segment produces activated carbon materials used in gasoline vapor emission control systems for vehicles.

leadership logo Leadership and Structure

John Fortson serves as the President and CEO. The company has a typical corporate structure with a board of directors and various executive leadership positions overseeing different business functions.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Competitors: Kraton Corporation (KRAT), Colas SA
  • Pavement Technologies: These are pine-based emulsifiers and tackifiers used in asphalt paving. Ingevity commands a significant market share in this area, competing with Kraton Corporation. Estimated Market Share = 35% of total global market.
  • Automotive Carbon: Activated carbon used in gasoline vapor emission control systems. The business benefits from emission regulations worldwide. Ingevity holds a substantial portion of this market. Estimated Market Share = 40% of global market. Revenue approx $400M/year
  • Competitors: Kuraray (KURRY), Haycarb PLC

Market Dynamics

industry overview logo Industry Overview

The specialty chemicals industry is driven by demand from various end markets such as automotive, infrastructure, and agriculture. It is characterized by innovation and stringent environmental regulations.

Positioning

Ingevity is positioned as a leader in providing sustainable and high-performance solutions using pine-based chemicals and activated carbon. They have a strong focus on innovation and customer collaboration.

Total Addressable Market (TAM)

The TAM for Ingevity's key markets (performance chemicals and advanced polymer technologies) is estimated to be in the billions of dollars. Ingevity is well-positioned to capture a significant share, targeting around 10-15% across key segments.

Upturn SWOT Analysis

Strengths

  • Leading market positions in key segments
  • Sustainable and renewable raw materials
  • Strong customer relationships
  • Innovative product portfolio
  • Strong cash flow generation

Weaknesses

  • Sensitivity to raw material prices (pine chemicals)
  • Dependence on cyclical end markets (automotive, infrastructure)
  • Geographic concentration of manufacturing facilities
  • Limited diversification beyond core business areas

Opportunities

  • Expanding into new geographic markets
  • Developing new applications for existing products
  • Acquiring complementary businesses
  • Benefiting from stricter environmental regulations
  • Growth in electric vehicles (new applications for activated carbon)

Threats

  • Increased competition from established players and new entrants
  • Fluctuations in raw material prices
  • Economic downturns in key end markets
  • Changes in environmental regulations
  • Disruptive technologies

Competitors and Market Share

Key competitor logo Key Competitors

  • KRAT
  • CAB

Competitive Landscape

Ingevity's advantages include its leading market positions, sustainable products, and strong customer relationships. Disadvantages include its sensitivity to raw material prices and dependence on cyclical end markets.

Major Acquisitions

Perstorp Capa

  • Year: 2022
  • Acquisition Price (USD millions): 675
  • Strategic Rationale: Expanded Ingevity's portfolio with biodegradable polymers, strengthening its position in sustainable materials.

Growth Trajectory and Initiatives

Historical Growth: Ingevity has experienced growth in recent years, driven by demand for its products in key end markets and successful acquisitions.

Future Projections: Analyst estimates project continued growth for Ingevity, driven by increasing demand for its sustainable and high-performance solutions.

Recent Initiatives: Recent strategic initiatives include expanding manufacturing capacity, investing in research and development, and acquiring complementary businesses.

Summary

Ingevity is a strong player in specialty chemicals, particularly in sustainable solutions. Their market leadership and focus on innovation are working well. However, they need to watch out for raw material price volatility and cyclical market risks, and diversify their portfolio.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Investor Presentations
  • Analyst Reports
  • Industry Publications

Disclaimers:

The information provided is for informational purposes only and should not be considered as financial advice. Market share data are estimates and may vary. Investment decisions should be based on thorough research and consultation with a financial professional.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Ingevity Corp

Exchange NYSE
Headquaters North Charleston, SC, United States
IPO Launch date 2016-05-02
President, CEO & Director Mr. David H. Li
Sector Basic Materials
Industry Specialty Chemicals
Full time employees 1600
Full time employees 1600

Ingevity Corporation manufactures and sells activated carbon products, derivative specialty chemicals, and engineered polymers in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. It operates through three segments: Performance Materials, Performance Chemicals, and Advanced Polymer Technologies. The Performance Materials segment engineers, manufactures, and sells hardwood-based and chemically activated carbon products for use in gasoline vapor emission control systems in cars, trucks, motorcycles, and boats. This segment also produces other activated carbon products for food, water, beverage, and chemical purification applications. The Performance Chemicals segment consists of road technologies and industrial specialties. This segment's products are used in pavement construction, pavement preservation, pavement reconstruction and recycling, road markings, agrochemical dispersants, lubricants, certain adhesives, rubber, and other industrial uses. The Advanced Polymer Technologies segment produces caprolactone and caprolactone-based specialty polymers for use in coatings, resins, elastomers, adhesives, bioplastics, and medical devices. It serves automotive parts manufacturers through sales representatives, third-party sales representatives, and distributors. The company was formerly known as WestRock Company, Specialty Chemicals Business and changed its name to Ingevity Corporation in September 2015. Ingevity Corporation was founded in 1964 and is headquartered in North Charleston, South Carolina.