Orion Engineered Carbons
Market Cap
US$998.9m
Last Updated
2019/09/21 00:41 UTC
Data Sources
Company Financials +
Executive Summary
Orion Engineered Carbons S.A., together with its subsidiaries, produces and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and internationally.
Snowflake
Fundamentals
Adequate balance sheet average dividend payer.
Risks
- Orion Engineered Carbons has significant price volatility in the past 3 months.
Similar Companies
Share Price & News
How has Orion Engineered Carbons's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-3.0%
OEC
-0.6%
US Chemicals
-0.2%
US Market
1 Year Return
-49.3%
OEC
-14.1%
US Chemicals
1.1%
US Market
OEC underperformed the Chemicals industry which returned -14.1% over the past year.
OEC underperformed the Market in United States of America which returned 1.1% over the past year.
Share holder returns
| OEC | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.0% | -0.6% | -0.2% |
| 30 Day | 24.9% | 4.0% | 2.5% |
| 90 Day | -15.1% | 0.8% | 1.6% |
| 1 Year | -47.4%-49.3% | -0.6%-14.1% | 3.4%1.1% |
| 3 Year | -1.6%-11.2% | 43.8%17.4% | 45.2%35.8% |
| 5 Year | 17.1%-7.8% | 38.0%7.5% | 62.6%44.8% |
Price Volatility Vs. Market
How volatile is Orion Engineered Carbons's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Income Investors Should Know That Orion Engineered Carbons S.A. (NYSE:OEC) Goes Ex-Dividend Soon1 week ago | Simply Wall St
What Is Orion Engineered Carbons's (NYSE:OEC) P/E Ratio After Its Share Price Rocketed?1 week ago | Simply Wall St
Does Orion Engineered Carbons S.A.'s (NYSE:OEC) Stock Price Account For Its Growth?Valuation
Is Orion Engineered Carbons undervalued based on future cash flows and its price relative to the stock market?
11.63x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Orion Engineered Carbons's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Orion Engineered Carbons's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Orion Engineered Carbons is good value based on earnings compared to the US Chemicals industry average.
Orion Engineered Carbons is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
Orion Engineered Carbons is good value based on expected growth next year.
Price Based on Value of Assets
Orion Engineered Carbons is overvalued based on assets compared to the US Chemicals industry average.
Next Steps
Future Growth
How is Orion Engineered Carbons expected to perform in the next 1 to 3 years based on estimates from 6 analysts?
14.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Orion Engineered Carbons's revenue is expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).
Orion Engineered Carbons's earnings are expected to grow by 14% yearly, however this is not considered high growth (20% yearly).
Orion Engineered Carbons's revenue growth is positive but not above the United States of America market average.
Orion Engineered Carbons's earnings growth is positive but not above the United States of America market average.
Orion Engineered Carbons's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Orion Engineered Carbons is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
Next Steps
Past Performance
How has Orion Engineered Carbons performed over the past 5 years?
53.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Orion Engineered Carbons has delivered over 20% year on year earnings growth in the past 5 years.
Orion Engineered Carbons's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Orion Engineered Carbons's 1-year earnings growth is negative, it can't be compared to the US Chemicals industry average.
Return on Equity
Whilst Orion Engineered Carbons made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
Return on Assets
Orion Engineered Carbons used its assets more efficiently than the US Chemicals industry average last year based on Return on Assets.
Return on Capital Employed
Orion Engineered Carbons's use of capital has not improved over the past 3 years (Return on Capital Employed).
Next Steps
Financial Health
How is Orion Engineered Carbons's financial position?
Financial Position Analysis
Orion Engineered Carbons is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Orion Engineered Carbons's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Orion Engineered Carbons's level of debt (417.1%) compared to net worth is high (greater than 40%).
Orion Engineered Carbons had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
Debt is well covered by operating cash flow (22.5%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 8x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.8x debt.
Next Steps
Dividend
What is Orion Engineered Carbons's current dividend yield, its reliability and sustainability?
5.13%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Orion Engineered Carbons's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
Orion Engineered Carbons's dividend is above the markets top 25% of dividend payers in United States of America (3.71%).
Whilst dividend payments have been stable, Orion Engineered Carbons has been paying a dividend for less than 10 years.
Orion Engineered Carbons has only been paying a dividend for 5 years, and since then dividends per share have fallen.
Current Payout to Shareholders
Dividends paid are covered by earnings (1.8x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
Next Steps
Management
What is the CEO of Orion Engineered Carbons's salary, the management and board of directors tenure and is there insider trading?
4.0yrs
Average management tenure
CEO
Corning Painter (57yo)
0.9yrs
Tenure
Mr. Corning F. Painter has been Chief Executive Officer and Director of Orion Engineered Carbons, S.A. since October 16, 2018. He served as an Executive Vice President of Industrial Gases at Air Products a ...
Management Age and Tenure
4.0yrs
Average Tenure
55yo
Average Age
The tenure for the Orion Engineered Carbons management team is about average.
Board Age and Tenure
1.0yrs
Average Tenure
66.5yo
Average Age
The average tenure for the Orion Engineered Carbons board of directors is less than 3 years, this suggests a new board.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Charles E. Herlinger (63yo)
Chief Financial Officer
- Tenure: 8.2yrs
Corning Painter (57yo)
CEO & Director
- Tenure: 0.9yrs
Jack Clem (65yo)
Advisor & Director
- Tenure: 0.9yrs
David Deters (53yo)
Senior Vice President of Innovation
- Tenure: 4.1yrs
Erik Thiry (48yo)
Senior Vice President of Business Line Rubber Carbon Black & Business Development
- Tenure: 4yrs
Lixing Min (58yo)
Senior VP & GM of Asia - Pacific Region
- Tenure: 6.4yrs
Christian Eggert (45yo)
Senior VP
- Tenure: 0yrs
André Schulze Isfort (44yo)
Chief Accounting Officer and Head of Consolidation & Reporting
- Tenure: 0yrs
Patrick Tuttle
Senior Vice President of Global Human Resources
- Tenure: 0.3yrs
Carlos Quinones
Senior Vice President of Global Operations
- Tenure: 0.3yrs
Board Members
Dan Smith (73yo)
Chairman of the Board
- Tenure: 0yrs
Kerry Galvin (68yo)
Director
- Tenure: 1.1yrs
Hans-Dietrich Winkhaus (82yo)
Director
- Tenure: 0yrs
Paul Huck (69yo)
Director
- Tenure: 0yrs
Marc Jean Faber (60yo)
Director
- Tenure: 2.3yrs
Corning Painter (57yo)
CEO & Director
- Tenure: 0.9yrs
Jack Clem (65yo)
Advisor & Director
- Tenure: 0.9yrs
Didier Miraton (60yo)
Director
- Tenure: 0yrs
Company Information
Orion Engineered Carbons S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Orion Engineered Carbons S.A.
- Ticker: OEC
- Exchange: NYSE
- Founded: 2011
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: US$998.921m
- Shares outstanding: 60.21m
- Website: https://www.orioncarbons.com
Number of Employees
Location
- Orion Engineered Carbons S.A.
- 6, Route de Trèves
- Senningerberg
- 2633
- Luxembourg
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| OEC | NYSE (New York Stock Exchange) | Yes | Ordinary Registered Shares | US | USD | Jul 2014 |
| 0OE | DB (Deutsche Boerse AG) | Yes | Ordinary Registered Shares | DE | EUR | Jul 2014 |
Biography
Orion Engineered Carbons S.A., together with its subsidiaries, produces and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and inte ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/21 00:41 |
| End of Day Share Price | 2019/09/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.