NYSE:KWR

Stock Analysis Report

Executive Summary

Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications in North America, Europe, the Middle East, Africa, the Asia/Pacific, and South America.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has Quaker Chemical's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.0%

NYSE:KWR

0.8%

US Chemicals

1.4%

US Market


1 Year Return

28.7%

NYSE:KWR

-9.4%

US Chemicals

4.9%

US Market

KWR outperformed the Chemicals industry which returned -10% over the past year.

KWR outperformed the Market in United States of America which returned 4.3% over the past year.


Share holder returns

KWRIndustryMarket
7 Day1.0%0.8%1.4%
30 Day5.5%3.6%3.8%
90 Day-1.3%-3.8%3.5%
1 Year29.8%28.7%4.9%-9.4%7.2%4.9%
3 Year143.8%136.7%54.5%26.1%55.1%44.8%
5 Year176.1%159.8%35.8%6.6%57.5%40.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Quaker Chemical undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Quaker Chemical's share price is below the future cash flow value, and at a moderate discount (> 20%).

Quaker Chemical's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Quaker Chemical is overvalued based on earnings compared to the US Chemicals industry average.

Quaker Chemical is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Quaker Chemical is poor value based on expected growth next year.


Price Based on Value of Assets

Quaker Chemical is overvalued based on assets compared to the US Chemicals industry average.


Next Steps

Future Growth

How is Quaker Chemical expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

42.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Quaker Chemical's revenue is expected to grow by 17.8% yearly, however this is not considered high growth (20% yearly).

Quaker Chemical's earnings are expected to grow significantly at over 20% yearly.

Quaker Chemical's revenue growth is expected to exceed the United States of America market average.

Quaker Chemical's earnings growth is expected to exceed the United States of America market average.

Quaker Chemical's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Quaker Chemical will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Quaker Chemical performed over the past 5 years?

-5.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Quaker Chemical's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Quaker Chemical's 1-year earnings growth exceeds its 5-year average (133.2% vs -5.4%)

Quaker Chemical's earnings growth has exceeded the US Chemicals industry average in the past year (133.2% vs 9.2%).


Return on Equity

Quaker Chemical has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Quaker Chemical used its assets more efficiently than the US Chemicals industry average last year based on Return on Assets.


Return on Capital Employed

Quaker Chemical has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Quaker Chemical's financial position?


Financial Position Analysis

Quaker Chemical is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Quaker Chemical's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Quaker Chemical's level of debt (2.8%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (5.2% vs 2.8% today).

Debt is well covered by operating cash flow (614.3%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 27.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 31.6x debt.


Next Steps

Dividend

What is Quaker Chemical's current dividend yield, its reliability and sustainability?

0.77%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Quaker Chemical before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Quaker Chemical's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Quaker Chemical's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).

Quaker Chemical is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

Quaker Chemical is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Quaker Chemical's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

No need to calculate the sustainability of Quaker Chemical's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Quaker Chemical's salary, the management and board of directors tenure and is there insider trading?

7.2yrs

Average management tenure


CEO

Mike Barry (60yo)

10.7yrs

Tenure

US$4,848,181

Compensation

Mr. Michael F. Barry, also known as Mike, has been the Chairman of the Board at Quaker Chemical Corporation since May 13, 2009 and has also been its Chief Executive Officer and President since October 4, 2 ...


CEO Compensation Analysis

Mike's remuneration is about average for companies of similar size in United States of America.

Mike's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

7.2yrs

Average Tenure

57yo

Average Age

The average tenure for the Quaker Chemical management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

8.3yrs

Average Tenure

61yo

Average Age

The tenure for the Quaker Chemical board of directors is about average.


Insider Trading

Quaker Chemical individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$50,41320 May 19
Donald Caldwell
EntityIndividual
Role
Lead Director
Shares250
Max PriceUS$201.65
SellUS$609,18127 Nov 18
Jeffry Frisby
EntityIndividual
Role
Member of the Board of Directors
Shares3,015
Max PriceUS$202.05
SellUS$503,00015 Nov 18
Dieter Laininger
EntityIndividual
Role
VP, MD of Asia
Shares2,500
Max PriceUS$202.00
SellUS$153,89109 Nov 18
Mark Douglas
EntityIndividual
Role
Member of the Board of Directors
Shares750
Max PriceUS$205.19
SellUS$205,00009 Nov 18
Wilbert Platzer
EntityIndividual
Shares1,000
Max PriceUS$205.00
SellUS$92,34230 Aug 18
Donald Caldwell
EntityIndividual
Role
Lead Director
Shares521
Max PriceUS$177.24
SellUS$709,70327 Aug 18
D. Benoliel
EntityIndividual
Shares4,000
Max PriceUS$178.71
SellUS$115,03122 Aug 18
Ronald Ettinger
EntityIndividual
Role
Vice President of Human Resources
Shares663
Max PriceUS$173.50
SellUS$101,83010 Aug 18
Donald Caldwell
EntityIndividual
Role
Lead Director
Shares599
Max PriceUS$170.00
SellUS$672,88510 Aug 18
D. Benoliel
EntityIndividual
Shares4,000
Max PriceUS$169.05
SellUS$50,10010 Aug 18
Ronald Ettinger
EntityIndividual
Role
Vice President of Human Resources
Shares300
Max PriceUS$167.00
SellUS$211,31006 Aug 18
Jan Nieman
EntityIndividual
Role
VP of Global Strategy & Marketing and Global Leader – Grease & Fluid Power
Shares1,243
Max PriceUS$170.00

Ownership Breakdown


Management Team

  • Ronald Ettinger (66yo)

    Vice President of Human Resources

    • Tenure: 7.5yrs
  • Joseph Berquist (47yo)

    MD of North America Operations & VP

    • Tenure: 9.2yrs
    • Compensation: $868.89k
  • Mike Barry (60yo)

    Chairman of the Board

    • Tenure: 10.7yrs
    • Compensation: $4.85m
  • Adrian Steeples (58yo)

    VP & MD of EMEA

    • Tenure: 5.9yrs
  • Shane Hostetter (37yo)

    Global Controller & Principal Accounting Officer

  • Robert Traub (53yo)

    VP, General Counsel & Corporate Secretary

    • Tenure: 7.2yrs
  • Victoria Gehris

    Assistant Corporate Secretary & Shareholder Administrator

    • Tenure: 2.9yrs
  • Dieter Laininger (55yo)

    VP, MD of Asia

    • Tenure: 8.0yrs
  • Jan Nieman (57yo)

    VP of Global Strategy & Marketing and Global Leader – Grease & Fluid Power

    • Tenure: 5.1yrs
    • Compensation: $706.21k
  • Mary Hall (60yo)

    CFO, VP & Treasurer

    • Tenure: 3.6yrs
    • Compensation: $924.20k

Board Members

  • Mike Barry (60yo)

    Chairman of the Board

    • Tenure: 10.1yrs
    • Compensation: $4.85m
  • Bob Chappell (73yo)

    Independent Director

    • Tenure: 22.4yrs
    • Compensation: $134.83k
  • Don Caldwell (72yo)

    Lead Director

    • Tenure: 3.1yrs
    • Compensation: $153.33k
  • Robert Rock (68yo)

    Independent Director

    • Tenure: 23.4yrs
    • Compensation: $136.08k
  • Jeff Frisby (62yo)

    Independent Director

    • Tenure: 13.4yrs
    • Compensation: $134.33k
  • Mark Douglas (56yo)

    Independent Director

    • Tenure: 6.4yrs
    • Compensation: $133.08k
  • Bill Osborne (58yo)

    Independent Director

    • Tenure: 3.3yrs
    • Compensation: $131.83k
  • Fay West (49yo)

    Independent Director

    • Tenure: 3.3yrs
    • Compensation: $142.58k

Company Information

Quaker Chemical Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Quaker Chemical Corporation
  • Ticker: KWR
  • Exchange: NYSE
  • Founded: 1918
  • Industry: specialty chemicals
  • Sector: materials
  • Market Cap: US$2.660b
  • Shares outstanding: 13.33m
  • Website: Click here

Number of Employees


Location

  • Quaker Chemical Corporation
  • One Quaker Park
  • 901 East Hector Street
  • Conshohocken
  • Pennsylvania
  • 19428
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KWRNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 1972
QUCDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1972

Biography

Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications in North America, Europe, the Middl ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/24 23:44
End of Day Share Price2019/06/24 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.