RPM International
Market Cap
US$9.6b
Last Updated
2020/01/23 23:58 UTC
Data Sources
Company Financials +
Executive Summary
RPM International Inc. manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record established dividend payer.
Similar Companies
Share Price & News
How has RPM International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RPM has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.9%
RPM
-1.5%
US Chemicals
-0.09%
US Market
1 Year Return
33.7%
RPM
-0.7%
US Chemicals
23.9%
US Market
Return vs Industry: RPM exceeded the US Chemicals industry which returned 1.6% over the past year.
Return vs Market: RPM exceeded the US Market which returned 24.7% over the past year.
Shareholder returns
| RPM | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | -1.5% | -0.09% |
| 30 Day | -1.8% | -2.0% | 3.1% |
| 90 Day | 4.2% | 3.1% | 10.4% |
| 1 Year | 36.6%33.7% | 15.0%-0.7% | 26.6%23.9% |
| 3 Year | 48.9%38.9% | 29.3%4.7% | 50.9%41.2% |
| 5 Year | 74.4%55.3% | 49.3%17.1% | 78.1%58.5% |
Price Volatility Vs. Market
How volatile is RPM International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Is RPM International Inc.'s (NYSE:RPM) CEO Overpaid Relative To Its Peers?1 week ago | Simply Wall St
Earnings Miss: RPM International Inc. Missed EPS By 16% And Analysts Are Revising Their Forecasts2 weeks ago | Simply Wall St
Is It Worth Considering RPM International Inc. (NYSE:RPM) For Its Upcoming Dividend?Valuation
Is RPM International undervalued compared to its fair value and its price relative to the market?
16.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RPM ($73.75) is trading below our estimate of fair value ($88.88)
Significantly Below Fair Value: RPM is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RPM is poor value based on its PE Ratio (28.9x) compared to the Chemicals industry average (20.8x).
PE vs Market: RPM is poor value based on its PE Ratio (28.9x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: RPM is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: RPM is overvalued based on its PB Ratio (6.8x) compared to the US Chemicals industry average (2.2x).
Next Steps
Future Growth
How is RPM International forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
19.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RPM's forecast earnings growth (19.3% per year) is above the savings rate (1.7%).
Earnings vs Market: RPM's earnings (19.3% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: RPM's earnings are forecast to grow, but not significantly.
Revenue vs Market: RPM's revenue (3.5% per year) is forecast to grow slower than the US market (7.5% per year).
High Growth Revenue: RPM's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RPM's Return on Equity is forecast to be high in 3 years time (34.7%)
Next Steps
Past Performance
How has RPM International performed over the past 5 years?
2.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RPM has high quality earnings.
Growing Profit Margin: RPM's current net profit margins (5.9%) are higher than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: RPM's earnings have grown by 2.5% per year over the past 5 years.
Accelerating Growth: RPM's earnings growth over the past year (35.5%) exceeds its 5-year average (2.5% per year).
Earnings vs Industry: RPM earnings growth over the past year (35.5%) exceeded the Chemicals industry -17%.
Return on Equity
High ROE: Whilst RPM's Return on Equity (23.67%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is RPM International's financial position?
Financial Position Analysis
Short Term Liabilities: RPM's short term assets ($2.4B) exceed its short term liabilities ($984.1M).
Long Term Liabilities: RPM's short term assets ($2.4B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: RPM's debt to equity ratio (179.8%) is considered high.
Reducing Debt: RPM's debt to equity ratio has increased from 90.4% to 179.8% over the past 5 years.
Debt Coverage: RPM's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: RPM's interest payments on its debt are well covered by EBIT (6x coverage).
Balance Sheet
Inventory Level: RPM has a high level of physical assets or inventory.
Debt Coverage by Assets: RPM's debt is not covered by short term assets (assets are 0.9x debt).
Next Steps
Dividend
What is RPM International's current dividend yield, its reliability and sustainability?
1.94%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: RPM's dividend (1.95%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: RPM's dividend (1.95%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: RPM's dividends per share have been stable in the past 10 years.
Growing Dividend: RPM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.3%), RPM's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RPM's dividends in 3 years are forecast to be well covered by earnings (31% payout ratio).
Next Steps
Management
What is the CEO of RPM International's salary, the management and board of directors tenure and is there insider trading?
10.0yrs
Average management tenure
CEO
Frank Sullivan (58yo)
17.3yrs
Tenure
US$8,397,565
Compensation
Mr. Frank C. Sullivan has been the Chief Executive Officer and President of RPM International Inc. since October 11, 2002 and August 1999 respectively. He served as Chief Operating Officer of RPM Internati ...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD8.40M) is about average for companies of similar size in the US market ($USD10.73M).
Compensation vs Earnings: Frank's compensation has increased by more than 20% in the past year.
Management Age and Tenure
10.0yrs
Average Tenure
55yo
Average Age
Experienced Management: RPM's management team is seasoned and experienced (10 years average tenure).
Board Age and Tenure
7.8yrs
Average Tenure
64.5yo
Average Age
Experienced Board: RPM's board of directors are considered experienced (9.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 12,000 |
| Max Price | US$69.51 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,100 |
| Max Price | US$66.54 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Frank Sullivan (58yo)
Chairman
- Tenure: 17.3yrs
- Compensation: US$8.40m
Keith Smiley (57yo)
VP of Finance & Controller
- Tenure: 7.8yrs
- Compensation: US$1.18m
Thomas Sullivan (55yo)
Vice President of Corporate Development
- Tenure: 12.3yrs
Lonny DiRusso (54yo)
VP & Chief Information Officer
- Tenure: 1.3yrs
Michael Matchinga
Director of Human Resource Information Systems
Edward Moore (62yo)
Senior VP
- Tenure: 13yrs
- Compensation: US$2.06m
Janeen Kastner (52yo)
Vice President of Corporate Benefits & Risk Management
- Tenure: 12.3yrs
- Compensation: US$1.92m
Russell Gordon (53yo)
VP & CFO
- Tenure: 7.8yrs
- Compensation: US$2.39m
Kathie Rogers
Manager of Investor Relations
Michael Sullivan
VP of Operations & Chief Restructuring Officer
- Tenure: 0.6yrs
Board Members
Bruce Carbonari (63yo)
Lead Director
- Compensation: US$218.90k
David Daberko (74yo)
Independent Director
- Tenure: 12.3yrs
- Compensation: US$216.40k
Tom Gross (64yo)
Independent Director
- Tenure: 7.8yrs
- Compensation: US$198.90k
Sal Fazzolari (66yo)
Independent Director
- Tenure: 7yrs
- Compensation: US$221.40k
Frank Sullivan (58yo)
Chairman
- Tenure: 17.3yrs
- Compensation: US$8.40m
William Summers (68yo)
Independent Director
- Tenure: 15.5yrs
- Compensation: US$198.90k
Fred Nance (65yo)
Independent Director
- Tenure: 13yrs
- Compensation: US$198.90k
Bob Livingston (65yo)
Independent Director
- Tenure: 2.3yrs
- Compensation: US$213.90k
Jenniffer Deckard (53yo)
Independent Director
- Tenure: 4.3yrs
- Compensation: US$198.90k
Julie Lagacy (52yo)
Independent Director
- Tenure: 2.5yrs
- Compensation: US$198.90k
Company Information
RPM International Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: RPM International Inc.
- Ticker: RPM
- Exchange: NYSE
- Founded: 1947
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$9.609b
- Shares outstanding: 129.77m
- Website: https://www.rpminc.com
Number of Employees
Location
- RPM International Inc.
- 2628 Pearl Road
- PO Box 777
- Medina
- Ohio
- 44258
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RPM | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Dec 1972 |
| RP8 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Dec 1972 |
Biography
RPM International Inc. manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. Its Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding, and flooring and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the manufacturing industry; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes. It also offers corrosion-control coating, containment lining, fire and sound proofing, and insulation products; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; specialty construction products; and amine curing agents, reactive diluents, specialty epoxy resins and other intermediates. The company’s Specialty segment provides fluorescent colorants and pigments; shellac-based-specialty and marine coatings; insulated building cladding materials; fire and water damage restoration, and carpet cleaning and disinfecting products; fuel additives; and wood treatments, furniture finishes, and touch-up products. Its Consumer segment offers specialty products for paint contractors and the DIYers, deck and fence restoration products, metallic and faux finish coatings, exterior wood deck and concrete restoration systems, flooring finishes, and hobby paints and cements; caulk, sealant, adhesive, insulating foam, spackling, glazing, and patch and repair products; and nail enamels, polishes, and coating components. The company was founded in 1947 and is headquartered in Medina, Ohio.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/23 23:58 |
| End of Day Share Price | 2020/01/23 00:00 |
| Earnings | 2019/11/30 |
| Annual Earnings | 2019/05/31 |
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.