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GCP

GCP Applied TechnologiesNYSE:GCP Stock Report

Last Price

US$31.92

Market Cap

US$2.4b

7D

0.06%

1Y

21.3%

Updated

26 Jan, 2022

Data

Company Financials +
GCP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends0/6

GCP Stock Overview

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

GCP Applied Technologies Competitors

Sherwin-Williams

NYSE:SHW

US$76.6b

PPG Industries

NYSE:PPG

US$36.6b

RPM International

NYSE:RPM

US$11.5b

Axalta Coating Systems

NYSE:AXTA

US$6.7b

Price History & Performance

Summary of all time highs, changes and price drops for GCP Applied Technologies
Historical stock prices
Current Share PriceUS$31.92
52 Week HighUS$32.28
52 Week LowUS$20.76
Beta0.93
1 Month Change0.44%
3 Month Change41.74%
1 Year Change21.32%
3 Year Change26.37%
5 Year Change18.44%
Change since IPO88.88%

Recent News & Updates

Dec 13

Merger Arbitrage Mondays: Saint-Gobain Acquires GCP Applied Technologies

Saint-Gobain acquires GCP for $32 per share, representing a premium of 21.12%. The tiny 0.72% spread on the GCP deal despite this being a cross-border deal, implies the market might be expecting a competing offer for. JACK wants to eat its TACO, paying a grande premium of over 66% for the deal.

Oct 21
Calculating The Intrinsic Value Of GCP Applied Technologies Inc. (NYSE:GCP)

Calculating The Intrinsic Value Of GCP Applied Technologies Inc. (NYSE:GCP)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of GCP Applied...

Sep 08
With EPS Growth And More, GCP Applied Technologies (NYSE:GCP) Is Interesting

With EPS Growth And More, GCP Applied Technologies (NYSE:GCP) Is Interesting

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Aug 19
We Think GCP Applied Technologies (NYSE:GCP) Can Stay On Top Of Its Debt

We Think GCP Applied Technologies (NYSE:GCP) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

GCPUS ChemicalsUS Market
7D0.06%-5.1%-5.1%
1Y21.3%10.6%3.3%

Return vs Industry: GCP exceeded the US Chemicals industry which returned 10.1% over the past year.

Return vs Market: GCP exceeded the US Market which returned 4.2% over the past year.

Price Volatility

Is GCP's price volatile compared to industry and market?
GCP volatility
GCP Average Weekly Movement7.6%
Chemicals Industry Average Movement5.7%
Market Average Movement6.7%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.4%

Stable Share Price: GCP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: GCP's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20151,950Simon Bateshttps://www.gcpat.com

GCP Applied Technologies Inc. produces and sells specialty construction chemicals and specialty building materials worldwide. Its Specialty Construction Chemicals segment offers concrete admixtures under the CONCERA, CLARENA, ADVA, CLARENA RC40, STRUX, MIRA, TYTRO, POLARSET, ECLIPSE, DARACEM, DARASET, DCI, RECOVER, WRDA, and ZYLA brands; admixtures for decorative concrete under the PIERI brand; concrete production management and control systems under the VERIFI brand; engineered concrete slab systems under the DUCTILCRETE brand; and cement additives under the OPTEVA HE, TAVERO VM, CBA, SYNCHRO, HEA2, TDA, and ESE brands. The company’s Specialty Building Materials segment provides building envelope products to protect structures from water, and manages air and vapor transmission through building walls under the BITUTHENE, PREPRUFE, ADPRUFE, HYDRODUCT, ADCOR, SILCOR, PERM-A-BARRIER, ELIMINATOR, RIW, and INTEGRITANK brands; and residential building products comprising specialty roofing membranes and flexible flashings under the ICE & WATER SHIELD, TRI-FLEX, ULTRA, and VYCOR brands.

GCP Applied Technologies Fundamentals Summary

How do GCP Applied Technologies's earnings and revenue compare to its market cap?
GCP fundamental statistics
Market CapUS$2.36b
Earnings (TTM)US$18.90m
Revenue (TTM)US$968.50m

124.8x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GCP income statement (TTM)
RevenueUS$968.50m
Cost of RevenueUS$608.50m
Gross ProfitUS$360.00m
ExpensesUS$341.10m
EarningsUS$18.90m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.26
Gross Margin37.17%
Net Profit Margin1.95%
Debt/Equity Ratio52.4%

How did GCP perform over the long term?

See historical performance and comparison

Valuation

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

33.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GCP ($31.92) is trading below our estimate of fair value ($48.3)

Significantly Below Fair Value: GCP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GCP is poor value based on its PE Ratio (124.8x) compared to the US Chemicals industry average (20.5x).

PE vs Market: GCP is poor value based on its PE Ratio (124.8x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GCP is overvalued based on its PB Ratio (3.6x) compared to the US Chemicals industry average (2.4x).


Future Growth

How is GCP Applied Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

5.7%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GCP's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if GCP's earnings are forecast to grow faster than the US market

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

Revenue vs Market: GCP's revenue (5.7% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: GCP's revenue (5.7% 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 GCP's Return on Equity is forecast to be high in 3 years time


Past Performance

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

45.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GCP has a large one-off loss of $33.6M impacting its September 30 2021 financial results.

Growing Profit Margin: GCP's current net profit margins (2%) are lower than last year (11.7%).


Past Earnings Growth Analysis

Earnings Trend: GCP's earnings have grown significantly by 45.7% per year over the past 5 years.

Accelerating Growth: GCP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GCP had negative earnings growth (-82.4%) over the past year, making it difficult to compare to the Chemicals industry average (17.5%).


Return on Equity

High ROE: GCP's Return on Equity (2.9%) is considered low.


Financial Health

How is GCP Applied Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: GCP's short term assets ($830.4M) exceed its short term liabilities ($220.0M).

Long Term Liabilities: GCP's short term assets ($830.4M) exceed its long term liabilities ($553.4M).


Debt to Equity History and Analysis

Debt Level: GCP has more cash than its total debt.

Reducing Debt: GCP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: GCP's debt is not well covered by operating cash flow (11.3%).

Interest Coverage: GCP's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if GCP'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 GCP'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?

1.0yrs

Average management tenure


CEO

Simon Bates (55 yo)

1.25yrs

Tenure

US$6,040,330

Compensation

Mr. Simon M. Bates has been President and Chief Executive Officer at GCP Applied Technologies Inc. since October 1, 2020 and serves as its Director since 2020. Mr. Bates joins GCP Applied Technologies foll...


CEO Compensation Analysis

Compensation vs Market: Simon's total compensation ($USD6.04M) is above average for companies of similar size in the US market ($USD3.74M).

Compensation vs Earnings: Insufficient data to compare Simon's compensation with company performance.


Leadership Team

Experienced Management: GCP's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: GCP's board of directors are not considered experienced ( 1.7 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: GCP Applied Technologies Inc.
  • Ticker: GCP
  • Exchange: NYSE
  • Founded: 2015
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Implied Market Cap: US$2.359b
  • Shares outstanding: 73.89m
  • Website: https://www.gcpat.com

Number of Employees


Location

  • GCP Applied Technologies Inc.
  • 2325 Lakeview Parkway
  • Alpharetta
  • Georgia
  • 30009
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 01:09
End of Day Share Price2022/01/25 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.