Buy Or Sell Opportunity • Jun 05
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to €123. The fair value is estimated to be €100, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.4% in a year. Earnings are forecast to grow by 2,387% in the next year. Buy Or Sell Opportunity • May 20
Now 24% overvalued Over the last 90 days, the stock has fallen 19% to €119. The fair value is estimated to be €96.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.4% in a year. Earnings are forecast to grow by 2,387% in the next year. Declared Dividend • May 20
First quarter dividend of US$0.51 announced Shareholders will receive a dividend of US$0.51. Ex-date: 17th July 2026 Payment date: 31st July 2026 Dividend yield will be 1.6%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 8x earnings). However, it is well covered by cash flows (40% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 807% to bring the payout ratio under control. EPS is expected to grow by 92% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Duyuru • May 15
Quaker Chemical Corporation Announces Board Changes, Effective May 13, 2026 Quaker Chemical Corporation announced that the Board of Directors has elected Mark A. Douglas as Chairman of the Board, effective immediately (May 13, 2026). Mr. Douglas will succeed Michael F. Barry, who has decided to retire as Chairman and a member of the Board. In connection with Mr. Barry's retirement, the Board acted to reduce its size from eleven to ten directors, effective May 13, 2026. In light of the election of Mr. Douglas, an independent director, as Chairperson, the Board also voted to eliminate the role of Lead Independent Director, effective May 13, 2026. The Board and Company thank Jeffry D. Frisby for serving as Lead Independent Director since 2023. Jeffry D. Frisby will remain on the Board as the Chair of the Sustainability Committee and a valued member of the Compensation and Human Resources Committee. Duyuru • May 14
Quaker Chemical Corporation Announces Quarterly Cash Dividend, Payable on July 31, 2026 The Board of Directors of Quaker Houghton declared a quarterly cash dividend of $0.508 per share, payable on July 31, 2026, to shareholders of record at the close of business on July 17, 2026. Duyuru • Apr 17
Quaker Chemical Corporation to Report Q1, 2026 Results on Apr 30, 2026 Quaker Chemical Corporation announced that they will report Q1, 2026 results After-Market on Apr 30, 2026 Duyuru • Apr 01
Quaker Chemical Corporation, Annual General Meeting, May 13, 2026 Quaker Chemical Corporation, Annual General Meeting, May 13, 2026. Duyuru • Feb 28
Quaker Houghton Announces Quarterly Dividend, Payable on April 30, 2026 The Board of Directors of Quaker Houghton declared a quarterly cash dividend of $0.508 per share, payable on April 30, 2026, to shareholders of record at the close of business on April 16, 2026. Duyuru • Feb 10
Quaker Chemical Corporation to Report Q4, 2025 Results on Feb 23, 2026 Quaker Chemical Corporation announced that they will report Q4, 2025 results After-Market on Feb 23, 2026 Duyuru • Nov 20
Quaker Houghton Announces Quarterly Cash Dividend, Payable on January 30, 2026 The Board of Directors of Quaker Houghton declared a quarterly cash dividend of $0.508 per share, payable on January 30, 2026, to shareholders of record at the close of business on January 16, 2026. Duyuru • Oct 17
Quaker Chemical Corporation to Report Q3, 2025 Results on Oct 30, 2025 Quaker Chemical Corporation announced that they will report Q3, 2025 results After-Market on Oct 30, 2025 Duyuru • Oct 02
Quaker Chemical Corporation Appoints Christine Johnson Has Joined the Company as Senior Vice President and Chief Transformation Officer Quaker Chemical Corporation announced that Christine Johnson has joined the Company as Senior Vice President and Chief Transformation Officer. Ms. Johnson will lead the ongoing transformation and process optimization efforts to unlock value across the organization, driving the execution and acceleration of the Company's enterprise growth strategy. Ms. Johnson joins Quaker Houghton from McKinsey & Company, where she was a partner focused on advising materials and energy companies on strategy, transformation, M&A, and operating model design and effectiveness. Prior to that, Ms. Johnson was a digital marketing and communications leader at DuPont. Duyuru • Jul 31
Quaker Houghton Announces Increase in Cash Dividend, Payable on October 31, 2025 The Board of Directors of Quaker Houghton declared a $0.508 per share quarterly cash dividend, an increase of 4.7% over the prior dividend. The quarterly dividend is payable on October 31, 2025, to shareholders of record at the close of business on October 17, 2025. Duyuru • Jul 18
Quaker Chemical Corporation to Report Q2, 2025 Results on Jul 31, 2025 Quaker Chemical Corporation announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Duyuru • May 15
Quaker Houghton Declares Quarterly Cash Dividend, Payable on July 31, 2025 The Board of Directors of Quaker Houghton declared a quarterly cash dividend of $0.485 per share, payable on July 31, 2025, to shareholders of record at the close of business on July 17, 2025. Duyuru • Apr 18
Quaker Chemical Corporation to Report Q1, 2025 Results on May 01, 2025 Quaker Chemical Corporation announced that they will report Q1, 2025 results After-Market on May 01, 2025 Duyuru • Apr 01
Quaker Chemical Corporation, Annual General Meeting, May 07, 2025 Quaker Chemical Corporation, Annual General Meeting, May 07, 2025. Duyuru • Mar 26
Quaker Chemical Corporation (NYSE:KWR) agreed to acquire Dipsol Chemical Co., Ltd. for ¥23.0 billion. Quaker Chemical Corporation (NYSE:KWR) agreed to acquire Dipsol Chemical Co., Ltd. for ¥23.0 billion on March 25, 2025. A cash consideration of ¥23 billion will be paid by Quaker Chemical Corporation. As part of consideration, ¥23 billion is paid towards common equity of Dipsol Chemical Co., Ltd. Quaker Houghton expects to fund the purchase price for this acquisition with borrowings under its existing credit facility.
For the period ending December 31, 2024, Dipsol Chemical Co., Ltd. reported total revenue of ¥12.9 billion ($82 million).
The transaction is subject to approval by regulatory board / committee. The expected completion of the transaction is second quarter of 2025. Duyuru • Feb 20
Quaker Houghton Declares Quarterly Cash Dividend, Payable on April 30, 2025 The Board of Directors of Quaker Houghton declared a quarterly cash dividend of $0.485 per share, payable on April 30, 2025, to shareholders of record at the close of business on April 16, 2025. Duyuru • Feb 12
Quaker Chemical Corporation to Report Q4, 2024 Results on Feb 24, 2025 Quaker Chemical Corporation announced that they will report Q4, 2024 results After-Market on Feb 24, 2025 Duyuru • Nov 21
Quaker Houghton Announces Quarterly Dividend, Payable on January 31, 2025 The Board of Directors of Quaker Houghton declared a quarterly cash dividend of $0.485 per share, payable on January 31, 2025, to shareholders of record at the close of business on January 17, 2025. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €166, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Chemicals industry in Germany. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €292 per share. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$1.81 (vs US$1.87 in 3Q 2023) Third quarter 2024 results: EPS: US$1.81 (down from US$1.87 in 3Q 2023). Revenue: US$462.3m (down 5.8% from 3Q 2023). Net income: US$32.3m (down 3.5% from 3Q 2023). Profit margin: 7.0% (up from 6.8% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Duyuru • Oct 18
Quaker Chemical Corporation to Report Q3, 2024 Results on Oct 31, 2024 Quaker Chemical Corporation announced that they will report Q3, 2024 results After-Market on Oct 31, 2024 Upcoming Dividend • Oct 10
Upcoming dividend of US$0.48 per share Eligible shareholders must have bought the stock before 17 October 2024. Payment date: 31 October 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.7%). New Risk • Aug 14
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €298k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 06
Second quarter 2024 earnings released: EPS: US$1.95 (vs US$1.63 in 2Q 2023) Second quarter 2024 results: EPS: US$1.95 (up from US$1.63 in 2Q 2023). Revenue: US$463.6m (down 6.4% from 2Q 2023). Net income: US$34.9m (up 20% from 2Q 2023). Profit margin: 7.5% (up from 5.9% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Declared Dividend • Aug 05
Dividend of US$0.48 announced Shareholders will receive a dividend of US$0.48. Ex-date: 17th October 2024 Payment date: 31st October 2024 Dividend yield will be 1.1%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 6.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next year, which should provide support to the dividend and adequate earnings cover. Duyuru • Jul 23
Quaker Chemical Corporation to Report Q2, 2024 Results on Aug 05, 2024 Quaker Chemical Corporation announced that they will report Q2, 2024 results After-Market on Aug 05, 2024 Upcoming Dividend • Jul 10
Upcoming dividend of US$0.46 per share Eligible shareholders must have bought the stock before 17 July 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.2%). Buy Or Sell Opportunity • Jul 01
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to €156. The fair value is estimated to be €201, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 2.8% in a year. Earnings are forecast to grow by 34% in the next year. Buy Or Sell Opportunity • Jun 19
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to €157. The fair value is estimated to be €198, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 2.7% in a year. Earnings are forecast to grow by 34% in the next year. Buy Or Sell Opportunity • May 31
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to €162. The fair value is estimated to be €204, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 2.7% in a year. Earnings are forecast to grow by 34% in the next year. Declared Dividend • May 13
First quarter dividend of US$0.46 announced Shareholders will receive a dividend of US$0.46. Ex-date: 17th July 2024 Payment date: 31st July 2024 Dividend yield will be 1.0%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 6.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next year, which should provide support to the dividend and adequate earnings cover. Duyuru • May 09
Quaker Houghton Announces Quarterly Cash Dividend, Payable on July 31, 2024 The Board of Directors of Quaker Houghton declared a quarterly cash dividend of $0.455 per share, payable on July 31, 2024, to shareholders of record at the close of business on July 17, 2024. Reported Earnings • May 03
First quarter 2024 earnings released: EPS: US$1.96 (vs US$1.65 in 1Q 2023) First quarter 2024 results: EPS: US$1.96 (up from US$1.65 in 1Q 2023). Revenue: US$469.8m (down 6.1% from 1Q 2023). Net income: US$35.2m (up 20% from 1Q 2023). Profit margin: 7.5% (up from 5.9% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Duyuru • Apr 20
Quaker Chemical Corporation to Report Q1, 2024 Results on May 02, 2024 Quaker Chemical Corporation announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 02, 2024 Upcoming Dividend • Apr 08
Upcoming dividend of US$0.46 per share Eligible shareholders must have bought the stock before 15 April 2024. Payment date: 30 April 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.7%). Duyuru • Mar 29
Quaker Chemical Corporation, Annual General Meeting, May 08, 2024 Quaker Chemical Corporation, Annual General Meeting, May 08, 2024, at 08:00 US Eastern Standard Time. Agenda: To elect three directors; to hold an advisory vote on the compensation of our named executive officers as described in this proxy statement; to consider and act upon a proposal to approve company's 2024 Long-Term Performance Incentive Plan; to ratify the appointment of PricewaterhouseCoopers LLP as company's independent registered public accounting firm to examine and report on company's financial statements and internal control over financial reporting for 2024; and to transact any other business properly brought before the meeting and any adjournment or postponement thereof. Declared Dividend • Mar 04
Fourth quarter dividend of US$0.46 announced Shareholders will receive a dividend of US$0.46. Ex-date: 15th April 2024 Payment date: 30th April 2024 Dividend yield will be 0.9%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is not covered by earnings (191% earnings payout ratio). However, it is well covered by cash flows (14% cash payout ratio). The dividend has increased by an average of 6.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 112% to bring the payout ratio under control. EPS is expected to grow by 49% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: US$6.27 (vs US$0.90 loss in FY 2022) Full year 2023 results: EPS: US$6.27 (up from US$0.90 loss in FY 2022). Revenue: US$1.95b (flat on FY 2022). Net income: US$112.7m (up US$128.8m from FY 2022). Profit margin: 5.8% (up from net loss in FY 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Duyuru • Feb 29
Quaker Chemical Corporation (NYSE:KWR) announces an Equity Buyback for $150 million worth of its shares. Quaker Chemical Corporation (NYSE:KWR) announces a share repurchase program. Under the program, the company will repurchase up to $150 million worth of its shares. The company expects to fund repurchases by using cash on hand. Duyuru • Feb 15
Quaker Chemical Corporation to Report Q4, 2023 Results on Feb 29, 2024 Quaker Chemical Corporation announced that they will report Q4, 2023 results After-Market on Feb 29, 2024 Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. CEO, President & Director Andy Tometich was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Buy Or Sell Opportunity • Jan 24
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 38% to €180. The fair value is estimated to be €150, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 40%. Revenue is forecast to grow by 5.8% in 2 years. Earnings are forecast to grow by 971% in the next 2 years. Upcoming Dividend • Jan 09
Upcoming dividend of US$0.46 per share at 0.9% yield Eligible shareholders must have bought the stock before 16 January 2024. Payment date: 31 January 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.8%). Duyuru • Dec 06
Quaker Chemical Corporation Announces Executive Changes Quaker Chemical Corporation announced on November 30, 2023, the company appointed Jeffrey Kutz, age 63, to Chief Accounting Officer, effective November 30, 2023, with an anticipated employment start date of January 2, 2024, a role he will assume from Shane Hostetter who has served as Chief Accounting Officer since October 2, 2023, in addition to his continuing role as Executive Vice President, Chief Financial Officer. Mr. Kutz currently serves as Vice President, Corporate Controller & Principal Accounting Officer of Air Products & Chemicals. Prior to assuming this role in April 2022, Mr. Kutz served in financial positions of increasing responsibility for over ten years at Air Products & Chemicals, including Executive Director, Accounting Policy, Reporting & Strategic Transactions from 2015 to 2022. Mr. Kutz is a Certified Public Accountant and has a Bachelor of Science in Accounting. Duyuru • Nov 17
Quaker Houghton Announces Quarterly Dividend, Payable on January 31, 2024 The Board of Directors of Quaker Houghton declared a quarterly cash dividend of $0.455 per share, payable on January 31, 2024, to shareholders of record at the close of business on January 17, 2024. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$1.87 (vs US$1.44 in 3Q 2022) Third quarter 2023 results: EPS: US$1.87 (up from US$1.44 in 3Q 2022). Revenue: US$490.6m (flat on 3Q 2022). Net income: US$33.7m (up 31% from 3Q 2022). Profit margin: 6.9% (up from 5.2% in 3Q 2022). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Duyuru • Oct 20
Quaker Chemical Corporation to Report Q3, 2023 Results on Nov 02, 2023 Quaker Chemical Corporation announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Upcoming Dividend • Oct 09
Upcoming dividend of US$0.46 per share at 1.2% yield Eligible shareholders must have bought the stock before 16 October 2023. Payment date: 31 October 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.4%). Duyuru • Sep 08
Quaker Chemical Corporation Announces Executive Changes On September 5, 2023, David A. Will resigned from his positions as Vice President and Chief Accounting Officer of Quaker Chemical Company (“Quaker Houghton” or the “Company”) effective October 2, 2023. Mr. Will plans to pursue another career opportunity and his resignation is not the result of any dispute or disagreement with the Company. Upon the effectiveness of Mr. Will’s resignation, Shane W. Hostetter, age 42, will serve as the Company’s Chief Accounting Officer, in addition to his current position as Executive Vice President, Chief Financial Officer. Mr. Hostetter’s biographical information is set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 that was filed on February 23, 2023. No new compensatory arrangements will be entered into with Mr. Hostetter in connection with assuming the role of Chief Accounting Officer. Duyuru • Aug 03
Quaker Chemical Corporation Appoints Anna Ransley as Chief Digital Information Officer Quaker Houghton announced that Ms. Anna Ransley has joined the Company as Senior Vice President and Chief Digital Information Officer effective July 31, 2023. Ms. Ransley is responsible for leading the information technology organization and transforming the Company's global digital strategy. Ms. Ransley joins Quaker Houghton from Godiva Chocolatier where she has served as Global Chief Information Officer since 2021, leading all aspects of the company's digital and technology strategy. From 2017 to 2021, she served as Chief Information Officer and Vice President, Digital and Technology at Heineken USA. Previously, Ms. Ransley served in several information technology leadership roles at Boehringer Ingelheim, Connolly Inc., and Hyperion Solutions. Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: US$1.63 (vs US$0.80 in 2Q 2022) Second quarter 2023 results: EPS: US$1.63 (up from US$0.80 in 2Q 2022). Revenue: US$495.4m (flat on 2Q 2022). Net income: US$29.3m (up 105% from 2Q 2022). Profit margin: 5.9% (up from 2.9% in 2Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • Jul 21
Quaker Chemical Corporation to Report Q2, 2023 Results on Aug 01, 2023 Quaker Chemical Corporation announced that they will report Q2, 2023 results After-Market on Aug 01, 2023 Upcoming Dividend • Jul 07
Upcoming dividend of US$0.43 per share at 0.9% yield Eligible shareholders must have bought the stock before 14 July 2023. Payment date: 31 July 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.1%). Duyuru • Jun 25
Quaker Chemical Corporation(NYSE:KWR) dropped from Russell Small Cap Comp Value Index Quaker Chemical Corporation(NYSE:KWR) dropped from Russell Small Cap Comp Value Index Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. CEO, President & Director Andy Tometich was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 24
Independent Director recently sold €674k worth of stock On the 19th of May, Jeffry Frisby sold around 3k shares on-market at roughly €193 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months. Buying Opportunity • May 22
Now 20% undervalued Over the last 90 days, the stock is up 1.1%. The fair value is estimated to be €241, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Recent Insider Transactions • May 12
Senior VP recently sold €218k worth of stock On the 9th of May, Robert Traub sold around 1k shares on-market at roughly €187 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €896k more than they bought in the last 12 months. Duyuru • May 11
Quaker Houghton Declares Quarterly Cash Dividend, Payable on July 31, 2023 The Board of Directors of Quaker Houghton declared a quarterly cash dividend of $0.435 per share, payable on July 31, 2023, to shareholders of record at the close of business on July 17, 2023. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$1.64 (vs US$1.11 in 1Q 2022) First quarter 2023 results: EPS: US$1.64 (up from US$1.11 in 1Q 2022). Revenue: US$500.1m (up 5.5% from 1Q 2022). Net income: US$29.5m (up 50% from 1Q 2022). Profit margin: 5.9% (up from 4.2% in 1Q 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 06
Upcoming dividend of US$0.43 per share at 0.9% yield Eligible shareholders must have bought the stock before 13 April 2023. Payment date: 28 April 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.6%). Reported Earnings • Feb 24
Full year 2022 earnings released: US$0.89 loss per share (vs US$6.79 profit in FY 2021) Full year 2022 results: US$0.89 loss per share (down from US$6.79 profit in FY 2021). Revenue: US$1.94b (up 10% from FY 2021). Net loss: US$15.9m (down 113% from profit in FY 2021). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 10
Quaker Chemical Corporation to Report Q4, 2022 Results on Feb 23, 2023 Quaker Chemical Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023 Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €197, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 15x in the Chemicals industry in Germany. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €134 per share. Upcoming Dividend • Jan 06
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 13 January 2023. Payment date: 31 January 2023. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.3%). Duyuru • Nov 17
Quaker Chemical Corporation Announces Quarterly Dividend, Payable on January 31, 2023 The Board of Directors of Quaker Chemical Corporation declared quarterly cash dividend of $0.435 per share, payable on January 31, 2023, to shareholders of record at the close of business on January 17, 2023. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. Independent Director Sesh Seshasayee was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 16% share price gain to €182, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 11x in the Chemicals industry in Germany. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €193 per share. Upcoming Dividend • Oct 07
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 14 October 2022. Payment date: 31 October 2022. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.3%). Lower than average of industry peers (6.2%). Board Change • Sep 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. Independent Director Sesh Seshasayee was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Recent Insider Transactions • Aug 18
Senior VP of Global Operations recently sold €280k worth of stock On the 15th of August, Wilbert Platzer sold around 1k shares on-market at roughly €189 per share. This was the largest sale by an insider in the last 3 months. Wilbert has been a seller over the last 12 months, reducing personal holdings by €438k. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 20% share price gain to €183, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 9x in the Chemicals industry in Germany. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €134 per share. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$0.80 (vs US$1.88 in 2Q 2021) Second quarter 2022 results: EPS: US$0.80 (down from US$1.88 in 2Q 2021). Revenue: US$492.4m (up 13% from 2Q 2021). Net income: US$14.3m (down 57% from 2Q 2021). Profit margin: 2.9% (down from 7.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.7%, compared to a 3.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Aug 05
Quaker Chemical Corporation Provides Earnings Guidance for the Second Half of 2022 Quaker Chemical Corporation provided earnings guidance for the second half of 2022. The company continues to expect to deliver sequential gross margin expansion and earnings growth in the second half of 2022. Duyuru • Jul 29
Quaker Houghton Announces Quarterly Dividend, Payable on October 31, 2022 The Board of Directors of Quaker Houghton declared a $0.435 per share quarterly cash dividend, a 5% increase over the prior dividend. The quarterly dividend is payable on October 31, 2022, to shareholders of record at the close of business on October 17, 2022. Duyuru • Jul 22
Quaker Chemical Corporation to Report Q2, 2022 Results on Aug 04, 2022 Quaker Chemical Corporation announced that they will report Q2, 2022 results After-Market on Aug 04, 2022 Duyuru • Jul 08
Quaker Chemical Corporation Appoints Melissa Leneis as Senior Vice President and Chief Human Resources Officer Quaker Chemical Corporation announced that Melissa Leneis has joined the Company as Senior Vice President and Chief Human Resources Officer effective July 05, 2022. Ms. Leneis will oversee the Company's global Human Resources organization including total rewards, talent management, culture and engagement, talent attraction, workforce enablement, and diversity, equity, and inclusion. Prior to joining Quaker Houghton, Ms. Leneis served in various Human Resources leadership roles at InterDigital, including most recently serving as Executive Vice President and Chief Human Resources Officer from October 2019 through June 2022. Prior to joining InterDigital in 2018, Ms. Leneis was responsible for leading global teams of Human Resources business partners at Johnson Controls and formerly with Tyco International. Her previous experience also includes Human Resources leadership positions with MEI Inc. (formerly Mars) and Lockheed Martin Corporation.