DB:43G

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GCP Applied Technologies

Executive Summary

GCP Applied Technologies Inc. produces and sells specialty construction chemicals and specialty building materials worldwide.


Snowflake Analysis

Adequate balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has GCP Applied Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 43G has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.5%

43G

-5.6%

DE Chemicals

-1.9%

DE Market


1 Year Return

7.4%

43G

-5.9%

DE Chemicals

8.1%

DE Market

Return vs Industry: 43G exceeded the German Chemicals industry which returned -5.8% over the past year.

Return vs Market: 43G matched the German Market which returned 8.3% over the past year.


Shareholder returns

43GIndustryMarket
7 Day-0.5%-5.6%-1.9%
30 Day17.0%-1.8%-0.2%
90 Day22.9%8.8%12.8%
1 Year7.4%7.4%-1.9%-5.9%10.5%8.1%
3 Year-24.9%-24.9%-23.6%-31.7%3.2%-5.0%
5 Yearn/a-17.3%-30.8%11.9%-3.2%

Price Volatility Vs. Market

How volatile is GCP Applied Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is GCP Applied Technologies undervalued compared to its fair value and its price relative to the market?

61.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 43G (€19.3) is trading above our estimate of fair value (€4.13)

Significantly Below Fair Value: 43G is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 43G is poor value based on its PE Ratio (61.8x) compared to the DE Chemicals industry average (18.7x).

PE vs Market: 43G is poor value based on its PE Ratio (61.8x) compared to the German market (20.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 43G's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 43G is overvalued based on its PB Ratio (3.3x) compared to the DE Chemicals industry average (1.4x).


Next Steps

Future Growth

How is GCP Applied Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

2.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 43G's forecast earnings growth is above the savings rate (0.2%).

Earnings vs Market: Insufficient data to determine if 43G's earnings are forecast to grow faster than the German market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 43G's revenue (2.4% per year) is forecast to grow slower than the German market (5.9% per year).

High Growth Revenue: 43G's revenue (2.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 43G's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has GCP Applied Technologies performed over the past 5 years?

-31.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 43G has a large one-off loss of $29.5M impacting its March 31 2020 financial results.

Growing Profit Margin: 43G's current net profit margins (2.7%) are higher than last year (1.1%).


Past Earnings Growth Analysis

Earnings Trend: 43G's earnings have declined by 31.1% per year over the past 5 years.

Accelerating Growth: 43G's earnings growth over the past year (116.5%) exceeds its 5-year average (-31.1% per year).

Earnings vs Industry: 43G earnings growth over the past year (116.5%) exceeded the Chemicals industry -23.2%.


Return on Equity

High ROE: 43G's Return on Equity (5.4%) is considered low.


Next Steps

Financial Health

How is GCP Applied Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 43G's short term assets ($625.3M) exceed its short term liabilities ($203.4M).

Long Term Liabilities: 43G's short term assets ($625.3M) exceed its long term liabilities ($540.0M).


Debt to Equity History and Analysis

Debt Level: 43G's debt to equity ratio (68.3%) is considered high.

Reducing Debt: 43G's debt to equity ratio has increased from 10.9% to 68.3% over the past 5 years.

Debt Coverage: 43G's debt is well covered by operating cash flow (26.5%).

Interest Coverage: 43G's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet


Next Steps

Dividend

What is GCP Applied Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 43G's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 43G's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 43G's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 43G's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 43G's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

  • Explore strong dividend paying companies in the Materials industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Randy Dearth (56 yo)

1

Tenure

US$2,463,670

Compensation

Mr. Randall S. Dearth, also known as Randy, has been the Chief Executive Officer and Director of GCP Applied Technologies Inc. since August 1, 2019. Mr. Dearth has been President at GCP Applied Technologie ...


CEO Compensation Analysis

Compensation vs Market: Randy's total compensation ($USD2.46M) is above average for companies of similar size in the German market ($USD1.48M).

Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Randall Dearth
CEO, President & Director1yrUS$2.46m0.021%
$ 295.9k
Craig Merrill
Interim CFO and VP of Finance0.83yrUS$1.02m0.0040%
$ 56.3k
James Thompson
VP, General Counsel & Secretary1.33yrsUS$1.32m0.036%
$ 507.8k
Kevin Holland
VP & Chief Human Resources Officer3.58yrsUS$1.13m0.015%
$ 207.7k
Narasimhan Srinivasan
Executive VP & Global Head of Specialty Building Materials1.58yrsUS$1.16m0.037%
$ 522.7k
Kenneth Korotkin
VP, Controller & Chief Accounting Officerno datano data0.0073%
$ 102.8k
Joseph DeCristofaro
Vice President of Investor Relationsno datano datano data
Boudewijn Van Lent
Executive VP & Global Head of Specialty Construction Chemicals1.42yrsno data0.024%
$ 335.2k

1.4yrs

Average Tenure

56yo

Average Age

Experienced Management: 43G's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Randall Dearth
CEO, President & Director1yrUS$2.46m0.021%
$ 295.9k
Linda Welty
Director0.25yrno data0.0097%
$ 136.6k
Clay Kiefaber
Independent Director1.42yrsUS$187.43k0.015%
$ 205.0k
Marran J. Ogilvie
Independent Director1.42yrsUS$187.43k0.015%
$ 209.2k
Armand Lauzon
Independent Director0.25yrno data0.0075%
$ 105.5k
Robert Yanker
Director0.25yrno data0.064%
$ 900.3k
Andrew Ross
Director0.25yrno datano data
Janet Giesselman
Director0.25yrno datano data
Kevin Brown
Director0.25yrno datano data
Peter Feld
Independent Chairman of the Board0.17yrno datano data

0.3yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 43G's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 43G insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

GCP Applied Technologies Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GCP Applied Technologies Inc.
  • Ticker: 43G
  • Exchange: DB
  • Founded: 2015
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: US$1.664b
  • Listing Market Cap: US$1.414b
  • Shares outstanding: 72.92m
  • Website: https://www.gcpat.com

Number of Employees


Location

  • GCP Applied Technologies Inc.
  • 62 Whittemore Avenue
  • Cambridge
  • Massachusetts
  • 02140-1623
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GCPNYSE (New York Stock Exchange)YesCommon StockUSUSDFeb 2016
43GDB (Deutsche Boerse AG)YesCommon StockDEEURFeb 2016

Biography

GCP Applied Technologies Inc. produces and sells specialty construction chemicals and specialty building materials worldwide. Its Specialty Construction Chemicals segment offers concrete admixtures under t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 22:31
End of Day Share Price2020/08/04 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.