NasdaqGS:GTLS

Stock Analysis Report

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Executive Summary

Chart Industries, Inc. manufactures and sells engineered equipment for the energy and industrial gas industries worldwide. More Details


Snowflake Analysis

Proven track record with moderate growth potential.


Similar Companies

Share Price & News

How has Chart Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GTLS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: GTLS's weekly volatility has decreased from 14% to 7% over the past year.


Market Performance


7 Day Return

2.3%

GTLS

-0.7%

US Machinery

-1.0%

US Market


1 Year Return

92.7%

GTLS

21.7%

US Machinery

19.6%

US Market

Return vs Industry: GTLS exceeded the US Machinery industry which returned 21.7% over the past year.

Return vs Market: GTLS exceeded the US Market which returned 19.6% over the past year.


Shareholder returns

GTLSIndustryMarket
7 Day2.3%-0.7%-1.0%
30 Day20.5%4.8%2.3%
90 Day62.3%16.5%13.1%
1 Year92.7%92.7%24.7%21.7%22.3%19.6%
3 Year153.9%153.9%28.0%19.0%45.3%35.7%
5 Year750.4%750.4%177.8%147.5%124.8%99.8%

Long-Term Price Volatility Vs. Market

How volatile is Chart Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Chart Industries undervalued compared to its fair value and its price relative to the market?

6.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GTLS ($134.88) is trading below our estimate of fair value ($144)

Significantly Below Fair Value: GTLS is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: GTLS is poor value based on its PE Ratio (76.2x) compared to the US Machinery industry average (32.9x).

PE vs Market: GTLS is poor value based on its PE Ratio (76.2x) compared to the US market (21x).


Price to Earnings Growth Ratio

PEG Ratio: GTLS is poor value based on its PEG Ratio (3.2x)


Price to Book Ratio

PB vs Industry: GTLS is overvalued based on its PB Ratio (3.7x) compared to the US Machinery industry average (3x).


Next Steps

Future Growth

How is Chart Industries forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

24.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GTLS's forecast earnings growth (24.1% per year) is above the savings rate (2%).

Earnings vs Market: GTLS's earnings (24.1% per year) are forecast to grow faster than the US market (21.5% per year).

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

Revenue vs Market: GTLS's revenue (8.1% per year) is forecast to grow slower than the US market (10.3% per year).

High Growth Revenue: GTLS's revenue (8.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GTLS's Return on Equity is forecast to be low in 3 years time (8.9%).


Next Steps

Past Performance

How has Chart Industries performed over the past 5 years?

59.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GTLS has a large one-off loss of $30.5M impacting its September 30 2020 financial results.

Growing Profit Margin: GTLS's current net profit margins (4.9%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: GTLS's earnings have grown significantly by 59.8% per year over the past 5 years.

Accelerating Growth: GTLS's earnings growth over the past year (89.5%) exceeds its 5-year average (59.8% per year).

Earnings vs Industry: GTLS earnings growth over the past year (89.5%) exceeded the Machinery industry -15.5%.


Return on Equity

High ROE: GTLS's Return on Equity (4.9%) is considered low.


Next Steps

  • Explore strong past performing companies in the Capital Goods industry.

Financial Health

How is Chart Industries's financial position?


Financial Position Analysis

Short Term Liabilities: GTLS's short term assets ($728.5M) exceed its short term liabilities ($352.9M).

Long Term Liabilities: GTLS's short term assets ($728.5M) do not cover its long term liabilities ($807.9M).


Debt to Equity History and Analysis

Debt Level: GTLS's debt to equity ratio (54.7%) is considered high.

Reducing Debt: GTLS's debt to equity ratio has increased from 24.2% to 54.7% over the past 5 years.

Debt Coverage: GTLS's debt is well covered by operating cash flow (27%).

Interest Coverage: GTLS's interest payments on its debt are well covered by EBIT (4.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Chart Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate GTLS'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 GTLS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GTLS'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 GTLS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.2yrs

Average management tenure


CEO

Jill Evanko (42 yo)

2.58yrs

Tenure

US$5,281,242

Compensation

Ms. Jillian C. Evanko, also known as Jill, is President and Chief Executive Officer of Chart Industries, Inc., serving in this capacity since June 13, 2018. Ms. Evanko joined Chart Industries, Inc. on Febr...


CEO Compensation Analysis

Compensation vs Market: Jill's total compensation ($USD5.28M) is about average for companies of similar size in the US market ($USD6.21M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Jillian Evanko
CEO, President2.58yrsUS$5.28m0.0042%
$ 202.3k
Herbert Hotchkiss
VP, General Counsel & Secretary1.83yrsUS$1.78m0.015%
$ 733.0k
Gerald Vinci
VP & Chief Human Resources Officer4.08yrsUS$1.13m0.0069%
$ 337.6k
Scott Merkle
VP & Chief Accounting Officer1.42yrsno data0.0052%
$ 252.9k
Douglas Ducote
President of Global Engineering & CTOno datano datano data
Bill Kelly
Group Vice President of Sales15.83yrsno datano data
Jim May
Director of Corporate Developmentno datano datano data
Joseph Belling
Chief Commercial Officer0.42yrno datano data
Miroslav Cerny
President of Distribution and Storage - EMEA & Indiano datano datano data
Wanda Schollian
Vice President of Human Resources8.5yrsno datano data
Tom Pittet
VP of Tax & Treasuryno datano datano data
Brad Babineaux
VP and General Manager of Energy1yrno datano data

2.2yrs

Average Tenure

49yo

Average Age

Experienced Management: GTLS's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jillian Evanko
CEO, President2.58yrsUS$5.28m0.0042%
$ 202.3k
Steven Krablin
Independent Chairman2.58yrsUS$324.86k0.058%
$ 2.8m
Michael Molinini
Independent Director3.83yrsUS$199.86k0.021%
$ 1.0m
Singleton McAllister
Independent Director1.17yrsUS$49.96k0.0080%
$ 387.2k
David Sagehorn
Independent Director1.67yrsUS$128.56k0.0088%
$ 426.6k
Carey Chen
Independent Director2.67yrsUS$199.86k0.023%
$ 1.1m

2.6yrs

Average Tenure

62yo

Average Age

Experienced Board: GTLS's board of directors are not considered experienced ( 2.6 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: GTLS insiders have only sold shares 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

Chart Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chart Industries, Inc.
  • Ticker: GTLS
  • Exchange: NasdaqGS
  • Founded: 1992
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$4.864b
  • Shares outstanding: 36.06m
  • Website: https://www.chartindustries.com

Number of Employees


Location

  • Chart Industries, Inc.
  • 3055 Torrington Drive
  • Ball Ground
  • Georgia
  • 30107
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GTLSNasdaqGS (Nasdaq Global Select)YesNew Common StockUSUSDJul 2006
I3NDB (Deutsche Boerse AG)YesNew Common StockDEEURJul 2006

Biography

Chart Industries, Inc. manufactures and sells engineered equipment for the energy and industrial gas industries worldwide. The company operates through four segments: Distribution & Storage Eastern Hemisph...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/17 23:20
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
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.