GCP Applied Technologies
Market Cap
US$1.8b
Last Updated
2021/01/17 23:25 UTC
Data Sources
Company Financials +
Executive Summary
GCP Applied Technologies Inc. produces and sells specialty construction chemicals and specialty building materials worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with proven 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: GCP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GCP's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-1.6%
GCP
-1.5%
US Chemicals
-1.0%
US Market
1 Year Return
5.5%
GCP
20.8%
US Chemicals
19.6%
US Market
Return vs Industry: GCP underperformed the US Chemicals industry which returned 20.8% over the past year.
Return vs Market: GCP underperformed the US Market which returned 19.6% over the past year.
Shareholder returns
| GCP | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | -1.5% | -1.0% |
| 30 Day | 9.6% | 4.9% | 2.3% |
| 90 Day | 11.1% | 17.5% | 13.1% |
| 1 Year | 5.5%5.5% | 23.7%20.8% | 22.3%19.6% |
| 3 Year | -27.1%-27.1% | 25.8%2.2% | 45.3%35.7% |
| 5 Year | n/a | 121.0%70.1% | 124.8%99.8% |
Long-Term 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
1 day ago | Simply Wall St
Would Shareholders Who Purchased GCP Applied Technologies' (NYSE:GCP) Stock Three Years Be Happy With The Share price Today?2 weeks ago | Simply Wall St
We Wouldn't Rely On GCP Applied Technologies's (NYSE:GCP) Statutory Earnings As A Guide1 month ago | Simply Wall St
Is There Now An Opportunity In GCP Applied Technologies Inc. (NYSE:GCP)?Valuation
Is GCP Applied Technologies undervalued compared to its fair value and its price relative to the market?
17.31x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GCP ($25.05) is trading above our estimate of fair value ($13.12)
Significantly Below Fair Value: GCP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GCP is good value based on its PE Ratio (17.3x) compared to the US Chemicals industry average (32.9x).
PE vs Market: GCP is good value based on its PE Ratio (17.3x) compared to the US market (21x).
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 (2.9x) compared to the US Chemicals industry average (2.5x).
Next Steps
Future Growth
How is GCP Applied Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
5.0%
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% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: GCP's revenue (5% 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
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Past Performance
How has GCP Applied Technologies performed over the past 5 years?
8.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GCP has a large one-off gain of $92.0M impacting its September 30 2020 financial results.
Growing Profit Margin: GCP's current net profit margins (11.5%) are higher than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: GCP's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: GCP's earnings growth over the past year (94.5%) exceeds its 5-year average (8.1% per year).
Earnings vs Industry: GCP earnings growth over the past year (94.5%) exceeded the Chemicals industry -16.3%.
Return on Equity
High ROE: GCP's Return on Equity (16.9%) is considered low.
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Financial Health
How is GCP Applied Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: GCP's short term assets ($777.2M) exceed its short term liabilities ($230.0M).
Long Term Liabilities: GCP's short term assets ($777.2M) exceed its long term liabilities ($532.7M).
Debt to Equity History and Analysis
Debt Level: GCP's debt to equity ratio (55.7%) is considered high.
Reducing Debt: GCP's debt to equity ratio has increased from 11.7% to 55.7% over the past 5 years.
Debt Coverage: GCP's debt is well covered by operating cash flow (25%).
Interest Coverage: GCP's interest payments on its debt are well covered by EBIT (3.7x 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 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?
1.5yrs
Average management tenure
CEO
Simon Bates (54 yo)
0.25
Tenure
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...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Financial Officer | 1.25yrs | US$1.02m | 0.0053% $ 97.9k | |
| VP, General Counsel & Secretary | 1.75yrs | US$1.32m | 0.036% $ 656.1k | |
| VP & Chief Human Resources Officer | 4yrs | US$1.13m | 0.015% $ 268.3k | |
| President | 0.25yr | no data | 0.20% $ 3.6m | |
| Chief Accounting Officer | 0.17yr | no data | no data | |
| Vice President of Finance & Investor Relations | no data | no data | no data | |
| Executive VP & Global Head of Specialty Construction Chemicals | 1.83yrs | no data | 0.024% $ 433.0k |
1.5yrs
Average Tenure
57.5yo
Average Age
Experienced Management: GCP's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.25yr | no data | 0.20% $ 3.6m | |
| Director | 0.67yr | no data | 0.0096% $ 176.4k | |
| Independent Director | 1.83yrs | US$187.43k | 0.014% $ 264.8k | |
| Independent Director | 1.83yrs | US$187.43k | 0.015% $ 270.3k | |
| Director | 0.67yr | no data | 0.013% $ 236.5k | |
| Independent Director | 0.67yr | no data | 0.032% $ 581.6k | |
| Director | 0.67yr | no data | 0.016% $ 297.8k | |
| Director | 0.67yr | no data | 0.066% $ 1.2m | |
| Director | 0.67yr | no data | no data | |
| Independent Chairman of the Board | 0.58yr | no data | no data |
0.7yrs
Average Tenure
62yo
Average Age
Experienced Board: GCP's board of directors are not considered experienced ( 0.7 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: GCP 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: GCP
- Exchange: NYSE
- Founded: 2015
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$1.830b
- Shares outstanding: 73.06m
- Website: https://www.gcpat.com
Number of Employees
Location
- GCP Applied Technologies Inc.
- 62 Whittemore Avenue
- Cambridge
- Massachusetts
- 02140-1623
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GCP | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Feb 2016 |
| 43G | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 23:25 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.