Market Cap
US$706.2m
Last Updated
2020/04/04 07:13 UTC
Data Sources
Company Financials
Executive Summary
Chase Corporation, a specialty chemicals company, manufactures and sells protective materials for various applications worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has Chase's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CCF's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-5.5%
CCF
-4.4%
US Chemicals
-2.0%
US Market
1 Year Return
-22.5%
CCF
-33.8%
US Chemicals
-15.1%
US Market
Return vs Industry: CCF exceeded the US Chemicals industry which returned -33.8% over the past year.
Return vs Market: CCF underperformed the US Market which returned -15.1% over the past year.
Shareholder returns
| CCF | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.5% | -4.4% | -2.0% |
| 30 Day | -14.0% | -24.7% | -19.7% |
| 90 Day | -33.7% | -31.1% | -23.2% |
| 1 Year | -22.0%-22.5% | -29.5%-33.8% | -13.4%-15.1% |
| 3 Year | -20.3%-22.0% | -12.7%-29.6% | 10.9%3.7% |
| 5 Year | 80.9%72.6% | -3.5%-24.5% | 28.4%14.4% |
Price Volatility Vs. Market
How volatile is Chase's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Many Chase Corporation (NYSEMKT:CCF) Shares Have Insiders Sold, In The Last Year?3 weeks ago | Simply Wall St
How Does Chase's (NYSEMKT:CCF) P/E Compare To Its Industry, After The Share Price Drop?3 weeks ago | Simply Wall St
Is It Worth Buying Chase Corporation (NYSEMKT:CCF) For Its 1.0% Dividend Yield?Valuation
Is Chase undervalued compared to its fair value and its price relative to the market?
42.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CCF ($74.94) is trading below our estimate of fair value ($131.25)
Significantly Below Fair Value: CCF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CCF is poor value based on its PE Ratio (22.6x) compared to the Chemicals industry average (13.7x).
PE vs Market: CCF is poor value based on its PE Ratio (22.6x) compared to the US market (12.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CCF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CCF is overvalued based on its PB Ratio (2.6x) compared to the US Chemicals industry average (1.3x).
Next Steps
Future Growth
How is Chase forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
18.9%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Chase has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Chase's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Chase competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Chase performed over the past 5 years?
8.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCF has high quality earnings.
Growing Profit Margin: CCF's current net profit margins (11.2%) are lower than last year (14.7%).
Past Earnings Growth Analysis
Earnings Trend: CCF's earnings have grown by 8.4% per year over the past 5 years.
Accelerating Growth: CCF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CCF had negative earnings growth (-28.3%) over the past year, making it difficult to compare to the Chemicals industry average (-11.3%).
Return on Equity
High ROE: CCF's Return on Equity (11.4%) is considered low.
Next Steps
Financial Health
How is Chase's financial position?
Financial Position Analysis
Short Term Liabilities: CCF's short term assets ($146.4M) exceed its short term liabilities ($31.6M).
Long Term Liabilities: CCF's short term assets ($146.4M) exceed its long term liabilities ($21.0M).
Debt to Equity History and Analysis
Debt Level: CCF is debt free.
Reducing Debt: CCF has no debt compared to 5 years ago when its debt to equity ratio was 41.8%.
Debt Coverage: CCF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CCF has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: CCF has a high level of physical assets or inventory.
Debt Coverage by Assets: CCF's debt is not covered by short term assets (assets are -8.240630303167E+16x debt).
Next Steps
Dividend
What is Chase's current dividend yield, its reliability and sustainability?
1.07%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CCF's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the US market (2.05%).
High Dividend: CCF's dividend (1.07%) is low compared to the top 25% of dividend payers in the US market (5.71%).
Stability and Growth of Payments
Stable Dividend: CCF is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: CCF is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: CCF is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CCF'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?
5.2yrs
Average management tenure
CEO
Adam Chase (47yo)
5.17s
Tenure
US$1,854,086
Compensation
Mr. Adam P. Chase has been the Chief Executive Officer and President of Chase Corporation since February 3, 2015 and January 30, 2008 respectively. Mr. Chase served as the Chief Operating Officer of Chase ...
CEO Compensation Analysis
Compensation vs Market: Adam's total compensation ($USD1.85M) is below average for companies of similar size in the US market ($USD3.31M).
Compensation vs Earnings: Adam's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 13.17yrs | US$634.61k | 9.95% $70.3m | |
| CEO, President & Director | 5.17yrs | US$1.85m | 3.48% $24.6m | |
| CFO & Treasurer | 1.17yrs | US$487.73k | 0.013% $90.5k | |
| Senior Advisor on Investor Relations | no data | US$415.35k | 0.12% $813.9k | |
| Vice President of Human Resources | no data | no data | no data | |
| Corporate Secretary | no data | US$71.58k | no data |
5.2yrs
Average Tenure
63yo
Average Age
Experienced Management: CCF's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 13.17yrs | US$634.61k | 9.95% $70.3m | |
| CEO, President & Director | 5.17yrs | US$1.85m | 3.48% $24.6m | |
| Independent Director | 12yrs | US$119.58k | 0.063% $442.7k | |
| Independent Director | 5.17yrs | US$105.83k | 0.034% $237.9k | |
| Independent Director | 18.25yrs | US$123.96k | 0.050% $353.6k | |
| Director | 14.92yrs | US$100.83k | 0.076% $536.5k | |
| Independent Director | 1.17yrs | US$94.74k | 0.015% $106.6k | |
| Independent Director | 4.17yrs | US$116.30k | 0.028% $197.4k | |
| Independent Director | 4.17yrs | US$117.24k | 0.029% $201.6k |
10.3yrs
Average Tenure
69yo
Average Age
Experienced Board: CCF's board of directors are seasoned and experienced ( 10.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CCF 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
Chase Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Chase Corporation
- Ticker: CCF
- Exchange: AMEX
- Founded: 1946
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$706.231m
- Shares outstanding: 9.42m
- Website: https://www.chasecorp.com
Number of Employees
Location
- Chase Corporation
- 295 University Avenue
- Westwood
- Massachusetts
- 2090
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CCF | AMEX (NYSE MKT LLC) | Yes | Common Stock | US | USD | Jul 1974 |
| CJC | BST (Boerse-Stuttgart) | Yes | Common Stock | DE | EUR | Jul 1974 |
| 0A0U | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Jul 1974 |
Biography
Chase Corporation, a specialty chemicals company, manufactures and sells protective materials for various applications worldwide. It operates through three segments: Adhesives, Sealants and Additives; Industrial Tapes; and Corrosion Protection and Waterproofing. The Adhesives, Sealants and Additives segment offers protective conformal and moisture protective electronic coatings; advanced adhesives, sealants, and coatings; polymeric microspheres; polyurethane dispersions; and superabsorbent polymers. The Industrial Tapes segment provides specialty tapes and related products; insulating and conducting materials; laminated durable papers; water-blocking compounds; laminated film foils and cover tapes; and pulling and detection tapes. The Corrosion Protection and Waterproofing segment offers protective pipe-coating tapes and other protectants; polymer additives; waterproofing membranes; waterproofing sealants, expansion joints, and accessories; technological products, and tapes and membranes; specialized high-performance coating and lining systems; waterproofing and corrosion protection systems; and bitumen pipeline protection tapes and products. The company sells its products through its salespeople, as well as manufacturers' representatives and distributors. Chase Corporation was founded in 1946 and is headquartered in Westwood, Massachusetts.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/04 07:13 |
| End of Day Share Price | 2020/04/03 00:00 |
| Earnings | 2019/11/30 |
| Annual Earnings | 2019/08/31 |
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.