Kraton
Market Cap
US$994.1m
Last Updated
2021/01/22 00:47 UTC
Data Sources
Company Financials +
Executive Summary
Kraton Corporation manufactures and sells styrenic block copolymers, specialty polymers, and other products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. More Details
Rewards
Risk Analysis
Snowflake Analysis
Slightly overvalued with worrying balance sheet.
Similar Companies
Share Price & News
How has Kraton's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KRA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: KRA's weekly volatility has decreased from 16% to 10% over the past year.
Market Performance
7 Day Return
-8.4%
KRA
-1.4%
US Chemicals
1.5%
US Market
1 Year Return
48.6%
KRA
23.8%
US Chemicals
22.8%
US Market
Return vs Industry: KRA exceeded the US Chemicals industry which returned 22.6% over the past year.
Return vs Market: KRA exceeded the US Market which returned 21.1% over the past year.
Shareholder returns
| KRA | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.4% | -1.4% | 1.5% |
| 30 Day | 20.2% | 6.2% | 5.0% |
| 90 Day | 2.0% | 17.6% | 15.2% |
| 1 Year | 48.6%48.6% | 26.7%23.8% | 25.6%22.8% |
| 3 Year | -40.1%-40.1% | 26.9%3.0% | 47.3%37.5% |
| 5 Year | 119.5%119.5% | 126.0%74.6% | 133.4%107.3% |
Long-Term Price Volatility Vs. Market
How volatile is Kraton's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Here's What To Make Of Kraton's (NYSE:KRA) Returns On Capital1 month ago | Simply Wall St
Is Kraton Corporation (NYSE:KRA) Trading At A 21% Discount?1 month ago | Simply Wall St
Have Kraton Corporation (NYSE:KRA) Insiders Been Selling Their Stock?Valuation
Is Kraton undervalued compared to its fair value and its price relative to the market?
14.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KRA ($31.71) is trading below our estimate of fair value ($36.75)
Significantly Below Fair Value: KRA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: KRA is unprofitable, so we can't compare its PE Ratio to the US Chemicals industry average.
PE vs Market: KRA is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KRA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KRA is good value based on its PB Ratio (1.6x) compared to the US Chemicals industry average (2.5x).
Next Steps
Future Growth
How is Kraton forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
140.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KRA is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: KRA is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: KRA is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: KRA's revenue (4.4% per year) is forecast to grow slower than the US market (10.4% per year).
High Growth Revenue: KRA's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KRA's Return on Equity is forecast to be low in 3 years time (9.3%).
Next Steps
Past Performance
How has Kraton performed over the past 5 years?
6.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KRA is currently unprofitable.
Growing Profit Margin: KRA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KRA is unprofitable, but has reduced losses over the past 5 years at a rate of 6.2% per year.
Accelerating Growth: Unable to compare KRA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KRA is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-16.3%).
Return on Equity
High ROE: KRA has a negative Return on Equity (-33.61%), as it is currently unprofitable.
Next Steps
Financial Health
How is Kraton's financial position?
Financial Position Analysis
Short Term Liabilities: KRA's short term assets ($617.8M) exceed its short term liabilities ($377.8M).
Long Term Liabilities: KRA's short term assets ($617.8M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: KRA's debt to equity ratio (140.9%) is considered high.
Reducing Debt: KRA's debt to equity ratio has increased from 101.9% to 140.9% over the past 5 years.
Debt Coverage: KRA's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: KRA is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Kraton current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KRA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KRA'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 KRA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KRA'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 KRA'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?
4.0yrs
Average management tenure
CEO
Kevin Fogarty (54 yo)
13yrs
Tenure
US$5,384,833
Compensation
Mr. Kevin M. Fogarty had been the Chief Executive Officer and President of Kraton Corporation since January 14, 2008 and the Chief Executive Officer of Kraton Performance Polymers Limited. He served as a D...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD5.38M) is above average for companies of similar size in the US market ($USD2.38M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13yrs | US$5.38m | 0.81% $ 8.1m | |
| Executive VP | 1.67yrs | US$1.99m | 0.032% $ 316.1k | |
| Senior VP | 6.08yrs | US$1.11m | 0.13% $ 1.3m | |
| Senior VP & President of Polymer Segment | no data | US$1.22m | 0.11% $ 1.1m | |
| Senior VP & Chemical Segment President | 3.75yrs | US$1.07m | 0.088% $ 878.1k | |
| Senior Vice President of Global Operations | 0.58yr | no data | 0.030% $ 295.5k | |
| Chief Accounting Officer | 0.083yr | no data | no data | |
| Senior VP & Chief Technology Officer | 4yrs | US$1.37m | 0.12% $ 1.1m | |
| Director of Investor Relations | no data | no data | no data | |
| Senior VP & Chief Human Resources Officer | 8.67yrs | US$868.36k | 0.12% $ 1.2m | |
| VP & Chief Procurement Officer | 5yrs | no data | 0.034% $ 336.1k |
4.0yrs
Average Tenure
54yo
Average Age
Experienced Management: KRA's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13yrs | US$5.38m | 0.81% $ 8.1m | |
| Independent Chairman & Presiding Director | 11.33yrs | US$320.01k | 0.22% $ 2.2m | |
| Independent Director | 11.08yrs | US$205.01k | 0.11% $ 1.1m | |
| Independent Director | 9.5yrs | US$210.01k | 0.14% $ 1.4m | |
| Independent Director | 9.33yrs | US$190.01k | 0.11% $ 1.1m | |
| Independent Director | 3.42yrs | US$190.01k | 0.049% $ 487.8k | |
| Independent Director | 8.92yrs | US$202.01k | 0.11% $ 1.1m | |
| Independent Director | 3.42yrs | US$190.01k | 0.049% $ 487.8k | |
| Independent Non-Executive Director | 2.42yrs | US$190.01k | no data |
9.3yrs
Average Tenure
61yo
Average Age
Experienced Board: KRA's board of directors are considered experienced (9.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KRA 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
Kraton Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kraton Corporation
- Ticker: KRA
- Exchange: NYSE
- Founded: NaN
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$994.084m
- Shares outstanding: 31.87m
- Website: https://www.kraton.com
Number of Employees
Location
- Kraton Corporation
- 15710 John F. Kennedy Boulevard
- Suite 300
- Houston
- Texas
- 77032
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KRA | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Dec 2009 |
| K21 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Dec 2009 |
Biography
Kraton Corporation manufactures and sells styrenic block copolymers, specialty polymers, and other products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segmen...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 00:47 |
| End of Day Share Price | 2021/01/21 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.