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OMNOVA Solutions

DB:OMO
Snowflake Description

Reasonable growth potential with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OMO
DB
$452M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

OMNOVA Solutions Inc. provides specialty solutions and performance materials for various commercial, industrial, and residential end uses in the United States, Europe, and Asia. The last earnings update was 46 days ago. More info.


Add to Portfolio Compare Print
  • OMNOVA Solutions has significant price volatility in the past 3 months.
OMO Share Price and Events
7 Day Returns
1.7%
DB:OMO
-2%
DE Chemicals
-1.5%
DE Market
1 Year Returns
16%
DB:OMO
-21%
DE Chemicals
-10.4%
DE Market
OMO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OMNOVA Solutions (OMO) 1.7% 2.2% 52.1% 16% 9.8% 41%
DE Chemicals -2% -5% -7.8% -21% -5.2% -6.2%
DE Market -1.5% -4.3% -5.9% -10.4% 0% 8.1%
1 Year Return vs Industry and Market
  • OMO outperformed the Chemicals industry which returned -21% over the past year.
  • OMO outperformed the Market in Germany which returned -10.4% over the past year.
Price Volatility
OMO
Industry
5yr Volatility vs Market

Value

 Is OMNOVA Solutions undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of OMNOVA Solutions to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for OMNOVA Solutions.

DB:OMO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:OMO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Chemicals Unlevered Beta Simply Wall St/ S&P Global 0.89
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.891 (1 + (1- 21%) (71.8%))
1.265
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.27
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.265 * 5.96%)
7.77%

Discounted Cash Flow Calculation for DB:OMO using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for OMNOVA Solutions is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:OMO DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.77%)
2020 34.47 Analyst x3 31.98
2021 38.00 Analyst x1 32.72
2022 40.62 Est @ 6.9% 32.45
2023 42.61 Est @ 4.9% 31.59
2024 44.10 Est @ 3.5% 30.34
2025 45.21 Est @ 2.52% 28.86
2026 46.04 Est @ 1.83% 27.27
2027 46.66 Est @ 1.35% 25.64
2028 47.13 Est @ 1.01% 24.04
2029 47.50 Est @ 0.78% 22.48
Present value of next 10 years cash flows $287.37
DB:OMO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $47.50 × (1 + 0.23%) ÷ (7.77% – 0.23%)
$631.31
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $631.31 ÷ (1 + 7.77%)10
$298.75
DB:OMO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $287.37 + $298.75
$586.12
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $586.12 / 44.85
$13.07
DB:OMO Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:OMO represents 0.88719x of NYSE:OMN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88719x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 13.07 x 0.88719
€11.59
Value per share (EUR) From above. €11.59
Current discount Discount to share price of €8.93
= -1 x (€8.93 - €11.59) / €11.59
22.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price OMNOVA Solutions is available for.
Intrinsic value
23%
Share price is €8.93 vs Future cash flow value of €11.59
Current Discount Checks
For OMNOVA Solutions to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • OMNOVA Solutions's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • OMNOVA Solutions's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for OMNOVA Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OMNOVA Solutions's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:OMO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-31) in USD $0.13
NYSE:OMN Share Price ** NYSE (2019-08-16) in USD $10.07
Germany Chemicals Industry PE Ratio Median Figure of 16 Publicly-Listed Chemicals Companies 20.6x
Germany Market PE Ratio Median Figure of 411 Publicly-Listed Companies 18.54x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of OMNOVA Solutions.

DB:OMO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:OMN Share Price ÷ EPS (both in USD)

= 10.07 ÷ 0.13

74.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OMNOVA Solutions is overvalued based on earnings compared to the DE Chemicals industry average.
  • OMNOVA Solutions is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does OMNOVA Solutions's expected growth come at a high price?
Raw Data
DB:OMO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 74.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
44.8%per year
Germany Chemicals Industry PEG Ratio Median Figure of 14 Publicly-Listed Chemicals Companies 1.39x
Germany Market PEG Ratio Median Figure of 263 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

DB:OMO PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 74.94x ÷ 44.8%

1.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OMNOVA Solutions is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on OMNOVA Solutions's assets?
Raw Data
DB:OMO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-31) in USD $1.33
NYSE:OMN Share Price * NYSE (2019-08-16) in USD $10.07
Germany Chemicals Industry PB Ratio Median Figure of 18 Publicly-Listed Chemicals Companies 1.59x
Germany Market PB Ratio Median Figure of 568 Publicly-Listed Companies 1.64x
DB:OMO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:OMN Share Price ÷ Book Value per Share (both in USD)

= 10.07 ÷ 1.33

7.56x

* Primary Listing of OMNOVA Solutions.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OMNOVA Solutions is overvalued based on assets compared to the DE Chemicals industry average.
X
Value checks
We assess OMNOVA Solutions's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Chemicals industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Chemicals industry average (and greater than 0)? (1 check)
  5. OMNOVA Solutions has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is OMNOVA Solutions expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
44.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OMNOVA Solutions expected to grow at an attractive rate?
  • OMNOVA Solutions's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • OMNOVA Solutions's earnings growth is expected to exceed the Germany market average.
  • OMNOVA Solutions's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:OMO Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:OMO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 44.8%
DB:OMO Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 4.9%
Germany Chemicals Industry Earnings Growth Rate Market Cap Weighted Average -0.7%
Germany Chemicals Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:OMO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:OMO Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-11-30 924 1
2021-11-30 852 63 32 2
2020-11-30 827 62 32 3
2019-11-30 790 45 20 2
DB:OMO Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-05-31 759 36 6
2019-02-28 760 56 9
2018-11-30 770 57 21
2018-08-31 765 57 -79
2018-05-31 772 55 -69
2018-02-28 787 45 -84
2017-11-30 783 48 -88
2017-08-31 784 38 -6
2017-05-31 779 40 -9
2017-02-28 759 48 4
2016-11-30 760 51 0
2016-08-31 773 47 -8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • OMNOVA Solutions's earnings are expected to grow significantly at over 20% yearly.
  • OMNOVA Solutions's revenue is expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:OMO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from OMNOVA Solutions Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:OMO Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-11-30
2021-11-30
2020-11-30 0.84 0.84 0.84 1.00
2019-11-30 0.44 0.48 0.40 2.00
DB:OMO Past Financials Data
Date (Data in USD Millions) EPS *
2019-05-31 0.13
2019-02-28 0.20
2018-11-30 0.46
2018-08-31 -1.77
2018-05-31 -1.56
2018-02-28 -1.89
2017-11-30 -1.98
2017-08-31 -0.14
2017-05-31 -0.21
2017-02-28 0.10
2016-11-30 -0.01
2016-08-31 -0.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • OMNOVA Solutions is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess OMNOVA Solutions's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
OMNOVA Solutions has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has OMNOVA Solutions performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare OMNOVA Solutions's growth in the last year to its industry (Chemicals).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • OMNOVA Solutions's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • OMNOVA Solutions has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • OMNOVA Solutions has become profitable in the last year making it difficult to compare the DE Chemicals industry average.
Earnings and Revenue History
OMNOVA Solutions's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from OMNOVA Solutions Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:OMO Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-31 759.40 6.00 106.10
2019-02-28 760.00 8.80 103.70
2018-11-30 769.80 20.70 104.20
2018-08-31 764.90 -79.10 110.90
2018-05-31 772.20 -69.30 113.90
2018-02-28 787.20 -84.10 116.60
2017-11-30 783.10 -87.80 117.10
2017-08-31 783.80 -6.10 115.70
2017-05-31 778.50 -9.30 116.10
2017-02-28 759.20 4.30 119.40
2016-11-30 759.90 -0.40 118.50
2016-08-31 772.90 -8.10 118.60
2016-05-31 788.20 -12.40 119.20
2016-02-29 806.40 -16.60 117.80
2015-11-30 838.00 -18.70 119.30
2015-08-31 881.00 5.30 119.90
2015-05-31 922.20 6.70 119.90
2015-02-28 968.40 7.50 119.40
2014-11-30 987.40 12.10 120.20
2014-08-31 978.80 15.70 119.90
2014-05-31 987.90 22.90 118.50
2014-02-28 992.30 21.70 118.20
2013-11-30 1,018.10 20.50 118.10
2013-08-31 1,037.60 13.20 119.30
2013-05-31 1,064.60 11.10 121.20
2013-02-28 1,101.30 15.50 122.20
2012-11-30 1,125.50 25.60 121.20
2012-08-31 1,173.00 30.70 118.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • OMNOVA Solutions has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • OMNOVA Solutions used its assets more efficiently than the DE Chemicals industry average last year based on Return on Assets.
  • OMNOVA Solutions has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess OMNOVA Solutions's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Chemicals industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
OMNOVA Solutions has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is OMNOVA Solutions's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up OMNOVA Solutions's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • OMNOVA Solutions is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • OMNOVA Solutions's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of OMNOVA Solutions's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from OMNOVA Solutions Company Filings, last reported 2 months ago.

DB:OMO Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-31 59.70 309.10 33.70
2019-02-28 57.00 305.90 34.10
2018-11-30 57.60 307.30 54.10
2018-08-31 45.40 295.80 66.20
2018-05-31 51.00 296.60 52.90
2018-02-28 46.50 298.10 36.10
2017-11-30 38.20 337.80 88.00
2017-08-31 126.00 338.10 74.60
2017-05-31 115.90 338.60 68.60
2017-02-28 116.10 339.30 70.40
2016-11-30 109.80 339.90 72.00
2016-08-31 130.40 496.50 70.30
2016-05-31 125.60 338.60 60.60
2016-02-29 114.80 339.00 43.50
2015-11-30 109.10 339.50 44.90
2015-08-31 126.70 390.90 101.60
2015-05-31 133.50 391.70 90.90
2015-02-28 134.40 392.90 83.10
2014-11-30 150.50 394.40 99.50
2014-08-31 182.80 443.10 147.20
2014-05-31 185.00 444.20 134.30
2014-02-28 181.50 443.40 140.60
2013-11-30 178.00 445.60 164.90
2013-08-31 143.70 446.70 150.10
2013-05-31 136.90 452.40 128.00
2013-02-28 133.30 452.70 116.50
2012-11-30 130.20 452.20 143.00
2012-08-31 144.80 452.60 145.50
  • OMNOVA Solutions's level of debt (517.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (240.1% vs 517.8% today).
  • Debt is not well covered by operating cash flow (11.7%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess OMNOVA Solutions's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. OMNOVA Solutions has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is OMNOVA Solutions's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from OMNOVA Solutions dividends.
If you bought €2,000 of OMNOVA Solutions shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate OMNOVA Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate OMNOVA Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:OMO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Germany Chemicals Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 321 Stocks 3.3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:OMO Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-11-30
2021-11-30
2020-11-30
2019-11-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as OMNOVA Solutions has not reported any payouts.
  • Unable to verify if OMNOVA Solutions's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of OMNOVA Solutions's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as OMNOVA Solutions has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess OMNOVA Solutions's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can OMNOVA Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OMNOVA Solutions has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of OMNOVA Solutions's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Anne Noonan
COMPENSATION $2,298,778
AGE 56
TENURE AS CEO 2.7 years
CEO Bio

Ms. Anne P. Noonan has been Chief Executive Officer, President and Director of OMNOVA Solutions Inc. since December 1, 2016. Ms. Noonan served as the President of Performance Chemicals Business Segment at OMNOVA Solutions Inc. since September 22, 2014 until December 1, 2016. Ms. Noonan served as Senior Vice President of Industrial Engineered Products at Chemtura Corporation and Great Lakes Solutions until September 5, 2014. She served as the President and Senior Vice President of Industrial Engineered Products at Great Lakes Chemical Corporation. She served as the President of Great Lakes Solutions and served as its Vice President of Strategic Business Development since April 23, 2012. Ms. Noonan served as Vice President of Strategic Business Development at Chemtura Corporation. She was responsible for developing and executing on a comprehensive corporate portfolio strategy. She led several transactions resulting in portfolio transformation, positioning Chemtura as a future pure-play specialty industrial chemical company. She served as Group President of Polymer Additives at Chemtura Corporation since April 25, 2007. Before Crompton Corporation and Great Lakes Chemical Corporation formed Chemtura in 2005, she served for Great Lakes Chemical for 19 years as Vice President and General Manager of the Brominated Flame Retardants business. Prior to that, she served as Vice President of Marketing, Technology and Advocacy for the business. She has been an Independent Director at CF Industries Holdings, Inc. since June 22, 2015. Ms. Noonan received her Master's degree in Organometallic Chemistry from University College Dublin, Ireland in 1988 and her B.S. Honors degree in Chemistry from University College in Dublin, Ireland in 1985.

CEO Compensation
  • Anne's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Anne's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the OMNOVA Solutions management team in years:

4.5
Average Tenure
55.5
Average Age
  • The tenure for the OMNOVA Solutions management team is about average.
Management Team

Anne Noonan

TITLE
CEO, President & Director
COMPENSATION
$2M
AGE
56
TENURE
2.7 yrs

Paul DeSantis

TITLE
CFO, Senior VP & Treasurer
COMPENSATION
$925K
AGE
54
TENURE
5.1 yrs

Marshall Moore

TITLE
CTO & Senior VP of Operations
COMPENSATION
$634K
AGE
55
TENURE
1.6 yrs

James LeMay

TITLE
Senior VP of Corporate Development & General Counsel
COMPENSATION
$776K
AGE
62
TENURE
19.8 yrs

Michael Quinn

TITLE
Chief Human Resources Officer & Senior VP
COMPENSATION
$600K
AGE
55
TENURE
5.8 yrs

Mickey McMillan

TITLE
VP & Chief Accounting Officer
AGE
59
TENURE
2.7 yrs

Chet Fox

TITLE
Vice President of Investor Relations
TENURE
5.6 yrs

Charles Chrisman

TITLE
Global Vice President of Sales & Commercial Excellence for Performance Chemicals Unit
TENURE
4.2 yrs

Frank Esposito

TITLE
Corporate Secretary & Investor Relations and Assistant General Counsel
TENURE
4.5 yrs
Board of Directors Tenure

Average tenure and age of the OMNOVA Solutions board of directors in years:

4.4
Average Tenure
68
Average Age
  • The tenure for the OMNOVA Solutions board of directors is about average.
Board of Directors

Bill Seelbach

TITLE
Non-Executive Chairman
COMPENSATION
$237K
AGE
71
TENURE
2.7 yrs

Anne Noonan

TITLE
CEO, President & Director
COMPENSATION
$2M
AGE
56
TENURE
2.7 yrs

Steve Percy

TITLE
Independent Director
COMPENSATION
$184K
AGE
72
TENURE
19.8 yrs

Mike Merriman

TITLE
Presiding Director
COMPENSATION
$177K
AGE
63

Larry Porcellato

TITLE
Independent Director
COMPENSATION
$177K
AGE
61
TENURE
10.9 yrs

Janet Giesselman

TITLE
Independent Director
COMPENSATION
$179K
AGE
64
TENURE
4.4 yrs

David D'Antoni

TITLE
Independent Director
COMPENSATION
$167K
AGE
74
TENURE
15.8 yrs

Allan Rothwell

TITLE
Independent Director
COMPENSATION
$167K
AGE
71
TENURE
9.6 yrs

Joe Gingo

TITLE
Independent Director
COMPENSATION
$167K
AGE
74
TENURE
4.4 yrs

James Mitarotonda

TITLE
Independent Director
COMPENSATION
$167K
AGE
65
TENURE
4.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
31. Jul 19 Buy Gabelli & Company Investment Advisers, Inc. Company 26. Jul 19 30. Jul 19 230,900 €8.94 €2,062,755
31. Jul 19 Buy GAMCO Investors, Inc. Company 26. Jul 19 30. Jul 19 328,478 €8.94 €2,935,109
26. Jul 19 Buy Gabelli & Company Investment Advisers, Inc. Company 25. Jul 19 25. Jul 19 203,800 €8.93 €1,820,032
26. Jul 19 Sell GAMCO Investors, Inc. Company 12. Jul 19 12. Jul 19 -48,370 €8.90 €-429,819
26. Jul 19 Buy GAMCO Investors, Inc. Company 12. Jul 19 25. Jul 19 623,766 €8.98 €5,577,510
12. Jul 19 Buy Gabelli & Company Investment Advisers, Inc. Company 03. Jul 19 05. Jul 19 122,200 €8.84 €1,080,321
12. Jul 19 Sell Teton Advisors, Inc Company 03. Jul 19 08. Jul 19 -65,000 €8.90 €-576,559
12. Jul 19 Buy Teton Advisors, Inc Company 14. May 19 15. May 19 17,000 €6.28 €106,181
12. Jul 19 Sell GAMCO Investors, Inc. Company 01. Jul 19 11. Jul 19 -136,697 €8.89 €-1,207,646
12. Jul 19 Buy GAMCO Investors, Inc. Company 05. Jun 19 11. Jul 19 540,164 €8.90 €4,760,048
X
Management checks
We assess OMNOVA Solutions's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. OMNOVA Solutions has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

OMNOVA Solutions Inc. provides specialty solutions and performance materials for various commercial, industrial, and residential end uses in the United States, Europe, and Asia. Its Specialty Solutions segment designs, develops, produces, and markets specialty products for use in various applications, such as architectural and industrial coatings; nonwovens used in hygiene products, filtration, and construction; drilling additives for oil and gas drilling, cementing, and fracking; elastomeric modification of plastic casings and hoses used in household, industrial products, and automobiles; tapes and adhesives; sports surfaces; textile finishes; commercial building refurbishment; new construction; residential cabinets; flooring; ceiling tiles; furnishings; manufactured housing; health care patient; common area furniture; and various industrial films applications. This segment primarily sells its products directly to manufacturers. The company’s Performance Materials segment produces latexes, resins, binders, antioxidants, hollow plastic pigment, coated fabrics, and rubber reinforcing products for use in tire cord, polymer stabilization, industrial rubber, carpet, paper, and various other applications. This segment distributes its products primarily through a direct sales force and agents to manufacturers of retail store fixtures, cabinets, furniture, seating, health care components, and other products. OMNOVA Solutions Inc. was founded in 1999 and is headquartered in Beachwood, Ohio.

Details
Name: OMNOVA Solutions Inc.
OMO
Exchange: DB
Founded: 1999
$407,043,844
44,852,901
Website: http://www.omnova.com
Address: OMNOVA Solutions Inc.
25435 Harvard Road,
Beachwood,
Ohio, 44122,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE OMN Common Stock New York Stock Exchange US USD 27. Sep 1999
DB OMO Common Stock Deutsche Boerse AG DE EUR 27. Sep 1999
Number of employees
Current staff
Staff numbers
1,900
OMNOVA Solutions employees.
Industry
Specialty Chemicals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/18 21:32
End of day share price update: 2019/08/16 00:00
Last estimates confirmation: 2019/07/16
Last earnings filing: 2019/07/03
Last earnings reported: 2019/05/31
Last annual earnings reported: 2018/11/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.