Ferro Corporation produces and markets specialty materials in the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. More Details
Reasonable growth potential and slightly overvalued.
Share Price & News
How has Ferro's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FOE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: FOE's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FOE exceeded the US Chemicals industry which returned 38.9% over the past year.
Return vs Market: FOE exceeded the US Market which returned 36.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Ferro's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StCan Ferro (NYSE:FOE) Continue To Grow Its Returns On Capital?
3 weeks ago | Simply Wall StThese 4 Measures Indicate That Ferro (NYSE:FOE) Is Using Debt Extensively
1 month ago | Simply Wall StInvestors Who Bought Ferro (NYSE:FOE) Shares Five Years Ago Are Now Up 68%
Is Ferro undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FOE ($17.33) is trading below our estimate of fair value ($23.85)
Significantly Below Fair Value: FOE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FOE is poor value based on its PE Ratio (49.5x) compared to the US Chemicals industry average (29x).
PE vs Market: FOE is poor value based on its PE Ratio (49.5x) compared to the US market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: FOE is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: FOE is overvalued based on its PB Ratio (3.3x) compared to the US Chemicals industry average (2.6x).
How is Ferro forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FOE's forecast earnings growth (43.9% per year) is above the savings rate (2%).
Earnings vs Market: FOE's earnings (43.9% per year) are forecast to grow faster than the US market (19.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FOE's revenue (5.2% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: FOE's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FOE's Return on Equity is forecast to be high in 3 years time (37.5%)
How has Ferro performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FOE has a large one-off loss of $17.4M impacting its December 31 2020 financial results.
Growing Profit Margin: FOE's current net profit margins (3%) are lower than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: FOE's earnings have declined by 28.7% per year over the past 5 years.
Accelerating Growth: FOE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FOE had negative earnings growth (-14.1%) over the past year, making it difficult to compare to the Chemicals industry average (-1.4%).
Return on Equity
High ROE: FOE's Return on Equity (6.8%) is considered low.
How is Ferro's financial position?
Financial Position Analysis
Short Term Liabilities: FOE's short term assets ($969.8M) exceed its short term liabilities ($403.6M).
Long Term Liabilities: FOE's short term assets ($969.8M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: FOE's debt to equity ratio (186.5%) is considered high.
Reducing Debt: FOE's debt to equity ratio has increased from 146.4% to 186.5% over the past 5 years.
Debt Coverage: FOE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FOE's interest payments on its debt are well covered by EBIT (4.3x coverage).
What is Ferro current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FOE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FOE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FOE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FOE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FOE is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FOE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Thomas (64 yo)
Mr. Peter T. Thomas has been the Chief Executive Officer and President of Ferro Corporation since April 24, 2013. Mr. Thomas served as Interim Chief Executive Officer and Interim President at Ferro Corpora...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD4.98M) is above average for companies of similar size in the US market ($USD3.62M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
|Group VP & CFO||4.5yrs||US$1.34m||0.047% |
|VP, General Counsel & Secretary||12.5yrs||US$1.23m||0.28% |
|Group Vice President of Global Operations||2.17yrs||no data||no data|
|Controller & Chief Accounting Officer||1.5yrs||no data||0.0085% |
|Director of Investor Relations & Corporate Relations||no data||no data||no data|
|Director of Corporate Communications||14.83yrs||no data||no data|
|Chief Tax Officer||13.33yrs||no data||no data|
Experienced Management: FOE's management team is seasoned and experienced (7.9 years average tenure).
|Independent Director||4.42yrs||US$181.23k||0.0061% |
|Independent Director||11.25yrs||US$181.23k||0.044% |
|Independent Director||3.42yrs||US$161.23k||0.0024% |
|Independent Lead Director||3.17yrs||US$206.23k||0.027% |
|Independent Director||4.42yrs||US$161.23k||0.011% |
Experienced Board: FOE's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ferro Corporation's company bio, employee growth, exchange listings and data sources
- Name: Ferro Corporation
- Ticker: FOE
- Exchange: NYSE
- Founded: 1919
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$1.428b
- Shares outstanding: 82.38m
- Website: https://www.ferro.com
Number of Employees
- Ferro Corporation
- 6060 Parkland Boulevard
- Suite 250
- Mayfield Heights
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FOE||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|FR9||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
Ferro Corporation produces and markets specialty materials in the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates through two segments, Functional Coatings ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/07 23:42|
|End of Day Share Price||2021/03/05 00:00|
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.