$72.41

+1.32 (+1.86%)

Weekly Expected Move ±3.6%

$67 $70 $72 $75 $78

NYSE · Basic Materials · Chemicals - Specialty · Tech Score Buy · Power 63 · $2.5B mcap · 34M float · 0.766% daily turnover · Short 65% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

WEAK EDGE

46.5 / 100

NoneWeakNarrowWide

Primary source: Intangible Assets · ROIC: 14.1% · 5Y Avg: -2.6%

Cost Advantage

Intangibles

Switching Cost

Network Effect

Scale

The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. NGVT shows a Weak competitive edge (46.5/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Intangible Assets. ROIC of 14.1% suggests modest returns relative to capital deployed.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets

Low

$75

Avg Target

$75

High

Based on 4 analyst ratings (12 mo)

Analyst Recommendations

Strong Buy: 0Buy: 10Hold: 3Sell: 0Strong Sell: 0

Rating Summary

ConsensusBuy

Avg Target$75.00

Analysts4

Price Target Change History

Date	Firm	Analyst	Old	New	Change	Upside @ Call	Stock@Call
2026-03-02	BMO Capital	John McNulty	$70	$83	+13	+15.2%	$72.03
2026-02-26	Jefferies	Daniel Rizzo	$62	$82	+20	+16.3%	$70.52
2026-01-28	Wells Fargo	—	Initiated	$65	—	-0.4%	$65.26
2025-12-10	BMO Capital	—	$68	$70	+2	+24.5%	$56.23
2025-09-05	BMO Capital	—	$62	$68	+6	+13.8%	$59.77
2025-08-07	BMO Capital	John McNulty	$47	$62	+15	+24.8%	$49.69
2024-10-31	BMO Capital	John McNulty	$42	$47	+5	+12.5%	$41.79
2024-08-05	BMO Capital	John McNulty	$45	$42	-3	+17.9%	$35.63
2024-07-10	BMO Capital	John McNulty	Initiated	$45	—	+10.8%	$40.62
2024-05-07	Loop Capital Markets	Chris Kapsch	$100	$56	-44	+4.0%	$53.85
2024-04-21	Jefferies	Daniel Rizzo	Initiated	$62	—	+39.5%	$44.44
2023-02-02	Loop Capital Markets	Christopher Kapsch	Initiated	$100	—	+14.9%	$87.00

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

Oct 02, 2026

DCF

ROE

ROA

D/E

P/E

P/B

The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. NGVT receives an overall rating of B. Strongest factors: ROE (5/5), ROA (5/5). Areas of concern: D/E (1/5), P/E (1/5), P/B (1/5).

Rating Change History

Date	From	To
2026-10-01	B-	B
2026-08-03	B	B-
2026-07-29	C-	B

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 52 Grade C

Profitability

Balance Sheet

Earnings Quality

Growth

Value

Momentum

Safety

Cash Flow

The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. NGVT scores highest in Momentum (78/100) and lowest in Value (25/100). A grade of C represents mixed fundamentals — strengths in some areas offset by weaknesses.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score

2.64

Grey Zone

Piotroski F-Score

7/9

✓ ✓ ✓ ✓ ✗ ✓ ✓ ✓ ✗

Beneish M-Score

-3.41

Unlikely Manipulator

Ohlson O-Score

-5.09

Bankruptcy prob: 0.6%

Low Risk

Credit Rating

BB-

Score: 39.5/100

Trend: Improving

Earnings Quality

75/100

OCF/NI: 3.91x

Accruals: -9.2%

The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. NGVT scores 2.64, placing it in the Grey Zone (safe > 2.99, distress < 1.81). Financial distress is possible and warrants monitoring. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. NGVT scores 7/9, signaling strong financial health across all three dimensions. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. NGVT's score of -3.41 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. NGVT's implied 0.6% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. NGVT receives an estimated rating of BB- (score: 39.5/100), with a improving trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). NGVT's score of 75/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E

47.02x

PEG

-0.12x

P/S

2.15x

P/B

54.04x

P/FCF

17.16x

P/OCF

12.60x

EV/EBITDA

19.83x

EV/Revenue

3.27x

EV/EBIT

40.65x

EV/FCF

24.51x

Earnings Yield

2.03%

FCF Yield

5.83%

Shareholder Yield

5.38%

Graham Number

$6.71

Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 47.0x earnings, NGVT is priced for high growth expectations. Graham's intrinsic value formula yields $6.71 per share, 980% below the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden

1.429

NI / EBT

Interest Burden

0.405

EBT / EBIT

EBIT Margin

0.080

EBIT / Rev

Asset Turnover

0.679

Rev / Assets

Equity Multiplier

20.377

Assets / Equity

ROE

64.4%

The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. NGVT's ROE of 64.4% is driven by financial leverage (equity multiplier: 20.38x). Note: high leverage means ROE is amplified by debt rather than operational performance. A tax burden ratio of 1.43 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate

0.00%

Fair P/E

8.50x

Intrinsic Value

$12.89

Price/Value

5.79x

Margin of Safety

-479.14%

Premium

479.14%

Assessment

Overvalued

Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with NGVT's realized 0.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. NGVT trades at a 479% premium to its adjusted intrinsic value of $12.89, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 8.5x compares to the current market P/E of 47.0x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price

$72.35

Median 1Y

$63.35

5th Pctile

$27.10

95th Pctile

$148.57

Ann. Volatility

46.7%

25th–75th percentile 5th–95th percentile Median path Historical

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

Executive	Salary	Stock	Total
David H. Li President & Chief Executive Officer	$810,685	$8,500,086	$12,839,719
S. Edward Woodcock EVP & President, Performance Materials	$491,517	$739,607	$2,711,050
Mary Dean Hall EVP, Chief Financial Officer	$527,734	$1,058,822	$1,993,143
Richard A. White SVP & President, Performance Chemicals	$472,628	$710,729	$1,601,163
Ryan C. Fisher SVP, General Counsel & Corporate Secretary	$425,622	$449,429	$1,220,246
Terry Dyer SVP, Chief Human Resources Officer	$418,301	$441,046	$1,190,927
Luis Fernandez-Moreno Interim President & Chief Executive Officer	$789,041	$135,017	$1,065,486

CEO Pay Ratio

112:1

CEO-to-Employee Pay Ratio

CEO Total Comp: $12,839,719

Avg Employee Cost (SGA/emp): $114,133

Employees: 1,500

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees

1,500

-6.2% YoY

Revenue / Employee

$778,400

Rev: $1,167,600,000

Profit / Employee

$-111,400

NI: $-167,100,000

SGA / Employee

$114,133

Avg labor cost proxy

R&D / Employee

$18,933

Innovation spend

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
ROE	21.4%	17.9%	19.3%	21.7%	35.2%	30.8%	28.5%	25.9%	18.8%	-0.8%	-17.3%	-86.4%	-1.2%	-1.0%	-88.1%	-1.1%	-37.4%	-1.5%	-93.5%	64.4%	64.44%
ROA	5.8%	4.9%	5.4%	6.1%	9.5%	8.1%	7.7%	6.8%	5.0%	-0.2%	-4.2%	-16.9%	-22.6%	-18.5%	-15.3%	-10.4%	-3.3%	-9.1%	-6.9%	3.2%	3.16%
ROIC	14.2%	13.0%	13.0%	14.9%	15.5%	12.1%	11.2%	10.9%	7.1%	6.6%	5.7%	5.9%	10.3%	13.0%	13.6%	16.0%	16.8%	17.9%	18.4%	14.1%	14.09%
ROCE	11.3%	9.7%	12.1%	11.3%	16.7%	13.8%	12.8%	11.8%	9.9%	3.2%	-2.3%	-22.5%	-32.4%	-24.9%	-19.1%	-10.4%	2.8%	-6.3%	-6.8%	7.8%	7.78%
Gross Margin	37.6%	29.0%	33.6%	35.9%	34.6%	27.7%	33.2%	29.3%	28.9%	16.0%	29.3%	31.5%	34.5%	34.1%	39.9%	37.8%	40.2%	34.4%	45.1%	44.3%	44.25%
Operating Margin	24.3%	15.0%	23.3%	22.3%	23.4%	9.0%	18.6%	19.1%	0.0%	2.4%	13.4%	19.1%	22.4%	18.5%	22.0%	23.5%	24.9%	15.2%	26.7%	19.1%	19.13%
Net Margin	-1.1%	8.7%	15.9%	14.2%	15.6%	4.1%	12.9%	7.4%	5.7%	-31.4%	-16.5%	-72.6%	-28.4%	5.6%	7.2%	-40.1%	13.1%	-33.2%	23.2%	11.2%	11.24%
EBITDA Margin	9.4%	24.4%	31.9%	28.5%	28.7%	17.5%	26.5%	22.1%	19.4%	-27.7%	-5.6%	-72.5%	-23.0%	19.9%	25.5%	-26.6%	31.9%	-23.8%	26.7%	24.6%	24.61%
FCF Margin	19.8%	13.6%	10.4%	11.3%	9.9%	10.2%	9.2%	6.9%	7.5%	5.5%	5.2%	4.5%	1.8%	3.6%	7.0%	11.3%	18.7%	22.1%	20.3%	13.3%	13.35%
OCF Margin	26.8%	21.1%	18.3%	19.2%	17.9%	18.8%	17.5%	14.5%	15.1%	12.0%	11.3%	10.8%	7.3%	9.1%	12.3%	16.3%	23.3%	26.8%	25.1%	18.2%	18.18%
ROE 3Y Avg	snapshot only																				-71.92%
ROE 5Y Avg	snapshot only																				-33.73%
ROA 3Y Avg	snapshot only																				-8.99%
ROIC 3Y Avg	snapshot only																				-5.07%
ROIC Economic	snapshot only																				13.26%
Cash ROA	snapshot only																				13.72%
Cash ROIC	snapshot only																				17.79%
CROIC	snapshot only																				13.06%
NOPAT Margin	snapshot only																				14.40%
Pretax Margin	snapshot only																				3.26%
R&D / Revenue	snapshot only																				2.34%
SGA / Revenue	snapshot only																				14.25%
SBC / Revenue	snapshot only																				0.84%

Valuation

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
P/E Ratio	20.93	24.04	19.32	16.79	10.26	12.55	13.33	12.01	13.64	-316.55	-15.43	-3.68	-2.51	-3.47	-4.10	-7.24	-30.99	-12.64	-20.06	49.23	47.019
P/S Ratio	2.04	2.04	1.73	1.61	1.43	1.59	1.60	1.22	1.02	1.01	1.05	1.03	0.96	1.06	1.07	1.18	1.59	1.71	2.12	2.29	2.145
P/B Ratio	4.38	4.21	3.67	3.74	3.65	3.80	3.70	2.98	2.41	2.71	3.04	5.58	6.61	7.64	6.19	12.99	14.79	71.14	65.92	56.68	54.037
P/FCF	10.34	15.01	16.57	14.32	14.43	15.57	17.46	17.80	13.61	18.24	20.33	22.69	52.89	29.24	15.26	10.44	8.52	7.72	10.43	17.16	17.161
P/OCF	7.62	9.69	9.45	8.41	7.95	8.48	9.13	8.45	6.74	8.40	9.29	9.49	13.04	11.60	8.74	7.28	6.84	6.38	8.44	12.60	12.598
EV/EBITDA	10.58	11.38	10.09	9.87	7.45	9.19	9.71	8.78	8.76	16.20	44.92	-9.56	-5.77	-8.73	-11.86	-55.24	23.04	157.56	217.17	19.83	19.828
EV/Revenue	2.81	2.79	2.48	2.34	2.12	2.46	2.48	2.10	1.87	1.86	1.95	1.97	1.92	2.05	2.09	2.16	2.54	2.65	3.07	3.27	3.273
EV/EBIT	15.81	18.13	15.68	14.95	10.06	12.21	13.06	12.35	13.12	44.03	-63.84	-7.06	-4.73	-6.57	-8.26	-18.64	81.67	-39.44	-43.90	40.65	40.655
EV/FCF	14.22	20.55	23.78	20.75	21.49	24.09	27.10	30.55	25.06	33.60	37.59	43.50	105.91	56.43	29.67	19.08	13.57	11.98	15.11	24.51	24.514
Earnings Yield	4.8%	4.2%	5.2%	6.0%	9.7%	8.0%	7.5%	8.3%	7.3%	-0.3%	-6.5%	-27.2%	-39.8%	-28.9%	-24.4%	-13.8%	-3.2%	-7.9%	-5.0%	2.0%	2.03%
FCF Yield	9.7%	6.7%	6.0%	7.0%	6.9%	6.4%	5.7%	5.6%	7.3%	5.5%	4.9%	4.4%	1.9%	3.4%	6.6%	9.6%	11.7%	12.9%	9.6%	5.8%	5.83%
EV/OCF	snapshot only																				17.996
EV/Gross Profit	snapshot only																				7.959
Acquirers Multiple	snapshot only																				15.146
Shareholder Yield	snapshot only																				5.38%
Graham Number	snapshot only																				$6.71

Leverage & Solvency

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Current Ratio	2.91	2.70	1.33	2.54	2.22	2.25	2.57	2.46	2.41	1.81	1.90	1.92	1.76	1.87	2.00	1.36	1.27	1.15	1.42	1.61	1.611
Quick Ratio	1.99	1.80	0.86	1.50	1.25	1.15	1.27	1.21	1.14	0.96	0.98	1.07	1.04	1.01	1.08	0.80	0.80	0.60	0.92	1.15	1.155
Debt/Equity	2.06	1.96	1.92	1.88	1.90	2.19	2.15	2.23	2.15	2.43	2.74	5.49	7.26	7.45	6.15	11.40	9.35	41.84	32.00	26.36	26.360
Net Debt/Equity	1.64	1.56	1.59	1.68	1.78	2.08	2.04	2.14	2.03	2.28	2.58	5.12	6.62	7.10	5.84	10.76	8.75	39.21	29.54	24.28	24.284
Debt/Assets	0.55	0.54	0.54	0.52	0.51	0.56	0.56	0.56	0.56	0.58	0.61	0.69	0.70	0.72	0.70	0.73	0.70	0.75	0.75	0.80	0.804
Debt/EBITDA	3.62	3.87	3.68	3.42	2.60	3.42	3.63	3.83	4.23	7.90	21.87	-4.91	-3.16	-4.41	-6.06	-26.50	9.16	59.75	72.79	6.46	6.456
Net Debt/EBITDA	2.88	3.07	3.06	3.06	2.44	3.25	3.45	3.66	4.00	7.40	20.63	-4.57	-2.89	-4.21	-5.76	-25.02	8.56	55.99	67.21	5.95	5.947
Interest Coverage	4.65	4.10	4.43	4.11	5.91	5.44	4.59	4.02	2.88	0.77	-0.52	-4.43	-6.12	-4.49	-3.60	-1.70	0.47	-1.08	-1.16	1.39	1.388
Equity Multiplier	3.76	3.66	3.58	3.62	3.68	3.92	3.82	3.96	3.85	4.15	4.52	7.99	10.31	10.36	8.76	15.56	13.28	55.59	42.42	32.78	32.783
Cash Ratio	snapshot only																				0.289
Debt Service Coverage	snapshot only																				2.845
Cash to Debt	snapshot only																				0.079
FCF to Debt	snapshot only																				0.125
Defensive Interval	snapshot only																				408.2 days

Efficiency & Turnover

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Asset Turnover	0.59	0.58	0.61	0.64	0.68	0.64	0.64	0.67	0.67	0.63	0.61	0.61	0.59	0.61	0.58	0.64	0.63	0.67	0.65	0.68	0.679
Inventory Turnover	3.91	4.12	4.08	4.06	4.23	3.88	3.62	3.60	3.58	3.83	3.52	3.30	3.29	3.55	3.09	3.22	3.49	3.70	3.28	3.65	3.651
Receivables Turnover	8.37	8.82	7.75	7.60	7.65	8.64	7.51	7.24	7.33	8.32	7.60	6.55	7.28	8.54	7.61	6.51	7.01	9.01	7.69	6.65	6.645
Payables Turnover	7.97	7.71	7.81	7.03	7.38	7.43	7.43	6.43	6.62	7.40	7.40	6.57	7.26	7.53	6.75	6.90	8.04	8.20	7.61	7.21	7.211
DSO	44	41	47	48	48	42	49	50	50	44	48	56	50	43	48	56	52	41	47	55	54.9 days
DIO	93	89	90	90	86	94	101	101	102	95	104	111	111	103	118	113	105	99	111	100	100.0 days
DPO	46	47	47	52	49	49	49	57	55	49	49	56	50	48	54	53	45	45	48	51	50.6 days
Cash Conversion Cycle	91	83	90	86	85	87	100	95	97	90	102	111	111	97	112	116	111	95	111	104	104.3 days
Fixed Asset Turnover	snapshot only																				1.908
Operating Cycle	snapshot only																				154.9 days
Cash Velocity	snapshot only																				11.913
Capital Intensity	snapshot only																				1.325

Growth (YoY)

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue	15.7%	14.4%	16.5%	13.5%	17.4%	20.0%	15.4%	14.9%	5.1%	1.4%	-2.3%	-11.1%	-13.2%	-16.9%	-17.7%	-14.4%	-13.4%	-12.0%	-10.3%	-12.4%	-12.42%
Net Income	-25.0%	-34.9%	-29.5%	-30.3%	67.1%	79.2%	54.8%	21.6%	-43.6%	-1.0%	-1.6%	-3.4%	-5.4%	-78.7%	-2.2%	49.8%	88.3%	61.2%	63.9%	1.2%	1.25%
EPS	-21.4%	-31.9%	-27.0%	-27.5%	73.3%	88.2%	61.8%	28.8%	-40.9%	-1.0%	-1.6%	-3.5%	-5.4%	-77.8%	-2.1%	49.9%	88.5%	60.2%	63.2%	1.3%	1.25%
FCF	56.1%	-23.2%	-36.7%	-31.1%	-41.3%	-9.8%	1.3%	-30.0%	-20.5%	-45.1%	-44.7%	-41.5%	-78.9%	-45.6%	11.8%	1.1%	7.9%	4.4%	1.6%	3.1%	3.06%
EBITDA	-4.5%	-13.3%	-11.8%	-21.2%	26.1%	31.0%	20.0%	16.0%	-21.2%	-56.6%	-83.4%	-1.8%	-2.4%	-2.7%	-4.3%	83.7%	1.3%	1.1%	1.1%	4.7%	4.69%
Op. Income	21.0%	4.9%	4.8%	-6.0%	2.6%	7.4%	-1.1%	-3.8%	-42.4%	-47.4%	-53.3%	-58.7%	7.0%	49.4%	88.7%	1.2%	34.1%	3.9%	-0.1%	-13.0%	-13.01%
OCF Growth	snapshot only																				-2.04%
Asset Growth	snapshot only																				-18.12%
Equity Growth	snapshot only																				-61.14%
Debt Growth	snapshot only																				-10.12%
Shares Change	snapshot only																				-2.20%

Growth (CAGR)

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue 3Y	8.4%	7.1%	7.4%	7.5%	8.5%	8.9%	8.8%	12.5%	12.6%	11.6%	9.5%	5.0%	2.3%	0.4%	-2.4%	-4.4%	-7.6%	-9.5%	-10.3%	-12.7%	-12.65%
Revenue 5Y	22.5%	14.4%	9.4%	10.0%	11.2%	11.4%	11.2%	10.9%	9.5%	8.3%	6.9%	4.9%	3.1%	1.7%	0.7%	1.6%	1.4%	0.3%	-0.6%	-2.8%	-2.78%
EPS 3Y	-4.8%	-9.2%	-4.6%	-2.5%	11.5%	8.8%	3.0%	5.7%	-7.0%	—	—	—	—	—	—	—	—	—	—	-32.1%	-32.08%
EPS 5Y	53.2%	35.7%	24.8%	24.0%	21.4%	13.6%	10.6%	6.2%	-2.4%	—	—	—	—	—	—	—	—	—	—	-21.8%	-21.79%
Net Income 3Y	-7.2%	-11.3%	-6.8%	-5.2%	7.5%	4.8%	-0.8%	1.5%	-10.9%	—	—	—	—	—	—	—	—	—	—	-32.7%	-32.71%
Net Income 5Y	51.3%	33.9%	22.9%	21.8%	18.8%	10.8%	7.8%	3.0%	-5.5%	—	—	—	—	—	—	—	—	—	—	-23.7%	-23.71%
EBITDA 3Y	6.7%	2.1%	2.2%	0.6%	7.4%	4.0%	1.3%	3.8%	-1.7%	-21.0%	-44.0%	—	—	—	—	—	-32.7%	-64.0%	-65.8%	-22.8%	-22.81%
EBITDA 5Y	25.4%	17.1%	11.7%	10.5%	15.1%	13.0%	10.6%	8.2%	3.8%	-9.6%	-26.6%	—	—	—	—	—	-18.1%	-44.5%	-46.9%	-15.9%	-15.92%
Gross Profit 3Y	10.7%	6.6%	5.8%	5.0%	5.1%	4.6%	3.5%	6.7%	4.1%	-0.4%	-3.4%	-8.3%	-8.3%	-3.5%	-2.7%	-2.3%	-3.6%	-5.0%	-4.9%	-4.3%	-4.33%
Gross Profit 5Y	27.8%	18.8%	12.3%	11.7%	11.9%	10.9%	10.0%	8.1%	5.1%	2.0%	0.0%	-1.7%	-2.5%	-1.2%	-1.3%	1.5%	1.6%	0.3%	-0.0%	-2.2%	-2.19%
Op. Income 3Y	10.7%	5.4%	6.6%	5.8%	6.1%	3.4%	-0.2%	4.6%	-10.5%	-16.0%	-21.5%	-28.0%	-14.2%	-5.5%	-4.5%	-3.9%	-6.1%	-6.5%	-4.2%	-7.1%	-7.10%
Op. Income 5Y	27.9%	19.2%	13.6%	12.6%	12.8%	10.3%	7.7%	6.1%	-4.3%	-7.9%	-11.0%	-14.0%	-5.9%	-2.8%	-2.6%	1.1%	0.5%	-1.6%	-1.8%	-6.2%	-6.22%
FCF 3Y	26.7%	6.2%	6.5%	9.2%	0.3%	2.0%	-13.5%	-18.6%	-10.0%	-27.6%	-29.2%	-34.4%	-53.9%	-35.4%	-14.4%	-4.2%	14.4%	17.0%	16.9%	9.0%	9.00%
FCF 5Y	40.6%	17.8%	13.9%	14.3%	4.1%	7.0%	4.7%	-1.9%	-1.0%	-9.9%	-7.5%	-11.8%	-29.9%	-20.5%	-16.7%	-7.5%	6.5%	2.1%	0.5%	-9.0%	-8.98%
OCF 3Y	21.5%	5.2%	4.3%	4.8%	1.7%	4.3%	-5.1%	-7.0%	-3.3%	-16.7%	-18.5%	-22.5%	-33.5%	-24.0%	-14.5%	-9.5%	0.9%	1.9%	1.1%	-5.7%	-5.75%
OCF 5Y	37.4%	17.8%	14.5%	15.1%	9.3%	12.4%	10.6%	5.5%	4.5%	-4.2%	-4.5%	-7.9%	-17.0%	-14.1%	-13.5%	-7.2%	1.0%	-1.2%	-2.4%	-10.1%	-10.14%
Assets 3Y	23.4%	23.4%	5.2%	3.6%	3.3%	8.5%	5.6%	8.8%	7.0%	4.0%	3.1%	-1.6%	-3.0%	-6.4%	-5.7%	-7.4%	-7.7%	-15.5%	-15.9%	-18.4%	-18.39%
Assets 5Y	23.5%	24.3%	23.3%	22.0%	20.7%	24.1%	17.2%	16.6%	16.5%	14.8%	4.0%	1.3%	0.9%	-1.2%	-2.7%	-3.1%	-4.1%	-6.7%	-6.8%	-8.4%	-8.44%
Equity 3Y	25.9%	25.7%	24.1%	17.8%	12.7%	9.6%	13.1%	10.9%	5.2%	-0.6%	-4.9%	-25.5%	-30.7%	-33.8%	-30.1%	-43.1%	-39.8%	-65.1%	-62.3%	-59.7%	-59.65%
Book Value 3Y	29.2%	28.7%	27.2%	21.2%	16.9%	13.8%	17.4%	15.6%	9.9%	4.0%	-1.2%	-22.9%	-28.7%	-32.1%	-28.5%	-41.9%	-39.2%	-64.5%	-61.8%	-59.3%	-59.28%
Dividend 3Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

Growth Quality

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue Stability	0.86	0.87	0.91	0.95	0.89	0.87	0.91	0.96	0.93	0.89	0.87	0.72	0.51	0.28	0.13	0.10	0.03	0.00	0.02	0.15	0.155
Earnings Stability	0.51	0.32	0.33	0.41	0.43	0.16	0.11	0.04	0.03	0.33	0.40	0.43	0.45	0.60	0.72	0.58	0.38	0.61	0.65	0.26	0.263
Margin Stability	0.92	0.91	0.91	0.91	0.92	0.94	0.93	0.91	0.90	0.87	0.86	0.85	0.86	0.88	0.87	0.87	0.86	0.86	0.85	0.83	0.826
Rev. Growth Consistency	0.50	0.50	0.50	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.000
Earn. Growth Consistency	0.00	0.00	0.00	0.00	0.50	0.50	0.50	0.50	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.50	0.50	0.50	0.50	1.00	1.000
FCF Positive Streak	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Earnings Persistence	0.90	0.86	0.88	0.88	0.50	0.50	0.50	0.91	0.83	0.20	0.20	0.20	0.20	0.50	0.50	0.50	0.50	0.50	0.50	0.20	0.200
Earnings Smoothness	0.71	0.58	0.65	0.64	0.50	0.43	0.57	0.80	0.44	—	—	—	—	—	—	—	—	—	—	—	—
ROE Trend	-0.14	-0.14	-0.16	-0.09	0.11	0.07	0.04	-0.01	-0.11	-0.25	-0.43	-1.75	-2.89	-2.35	-1.55	-1.16	0.75	-4.52	-2.43	2.81	2.806
Gross Margin Trend	0.01	-0.01	-0.03	-0.04	-0.05	-0.04	-0.04	-0.06	-0.06	-0.08	-0.08	-0.06	-0.04	0.02	0.05	0.08	0.09	0.08	0.09	0.10	0.096
FCF Margin Trend	0.06	-0.03	-0.08	-0.07	-0.07	-0.07	-0.06	-0.08	-0.07	-0.06	-0.05	-0.05	-0.07	-0.04	-0.00	0.06	0.14	0.18	0.14	0.05	0.054
Sustainable Growth Rate	21.4%	17.9%	19.3%	21.7%	35.2%	30.8%	28.5%	25.9%	18.8%	—	—	—	—	—	—	—	—	—	—	64.4%	64.44%
Internal Growth Rate	6.1%	5.2%	5.7%	6.5%	10.5%	8.8%	8.4%	7.3%	5.2%	—	—	—	—	—	—	—	—	—	—	3.3%	3.27%

Cash Flow Quality

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
OCF/Net Income	2.75	2.48	2.04	2.00	1.29	1.48	1.46	1.42	2.02	-37.69	-1.66	-0.39	-0.19	-0.30	-0.47	-0.99	-4.53	-1.98	-2.38	3.91	3.907
FCF/OCF	0.74	0.65	0.57	0.59	0.55	0.54	0.52	0.47	0.50	0.46	0.46	0.42	0.25	0.40	0.57	0.70	0.80	0.83	0.81	0.73	0.734
FCF/Net Income	snapshot only																				2.869
OCF/EBITDA	snapshot only																				1.102
CapEx/Revenue	7.1%	7.5%	7.9%	7.9%	8.1%	8.5%	8.4%	7.6%	7.6%	6.5%	6.2%	6.3%	5.5%	5.5%	5.3%	4.9%	4.6%	4.7%	4.8%	4.8%	4.83%
CapEx/Depreciation	snapshot only																				0.572
Accruals Ratio	-0.10	-0.07	-0.06	-0.06	-0.03	-0.04	-0.04	-0.03	-0.05	-0.08	-0.11	-0.23	-0.27	-0.24	-0.22	-0.21	-0.18	-0.27	-0.23	-0.09	-0.092
Sloan Accruals	snapshot only																				-0.020
Cash Flow Adequacy	snapshot only																				3.761
Earnings Quality Score	snapshot only																				0.750

Dividends & Buybacks

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Dividend Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.00%
Dividend/Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Payout Ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—	—	—	—	—	—	—	—	—	—	0.0%	0.00%
FCF Payout Ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.00%
Total Payout Ratio	1.2%	92.6%	84.8%	90.0%	65.8%	68.6%	68.6%	83.2%	77.2%	—	—	—	—	—	—	—	—	—	—	2.6%	2.65%
Div. Increase Streak	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Chowder Number	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Buyback Yield	5.5%	3.9%	4.4%	5.4%	6.4%	5.5%	5.1%	6.9%	5.7%	5.4%	3.4%	0.0%	0.0%	0.0%	0.0%	0.0%	1.2%	2.7%	4.2%	5.4%	5.38%
Net Buyback Yield	5.5%	3.9%	4.4%	5.4%	6.4%	5.5%	5.1%	6.9%	5.7%	5.4%	3.4%	0.0%	0.0%	0.0%	0.0%	0.0%	1.2%	2.6%	4.1%	5.1%	5.11%
Total Shareholder Return	5.5%	3.9%	4.4%	5.4%	6.4%	5.5%	5.1%	6.9%	5.7%	5.4%	3.4%	0.0%	0.0%	0.0%	0.0%	0.0%	1.2%	2.6%	4.1%	5.1%	5.11%

DuPont Factors

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Tax Burden (NI/EBT)	0.72	0.73	0.73	0.80	0.79	0.78	0.79	0.78	0.78	0.53	0.77	0.82	0.81	0.80	0.81	0.88	1.47	1.05	0.82	1.43	1.429
Interest Burden (EBT/EBIT)	0.77	0.76	0.78	0.77	0.84	0.80	0.80	0.77	0.67	-0.14	2.92	1.23	1.16	1.22	1.28	1.59	-1.13	1.91	1.84	0.40	0.405
EBIT Margin	0.18	0.15	0.16	0.16	0.21	0.20	0.19	0.17	0.14	0.04	-0.03	-0.28	-0.41	-0.31	-0.25	-0.12	0.03	-0.07	-0.07	0.08	0.080
Asset Turnover	0.59	0.58	0.61	0.64	0.68	0.64	0.64	0.67	0.67	0.63	0.61	0.61	0.59	0.61	0.58	0.64	0.63	0.67	0.65	0.68	0.679
Equity Multiplier	3.71	3.65	3.56	3.54	3.72	3.79	3.70	3.80	3.77	4.03	4.13	5.11	5.33	5.62	5.76	10.24	11.47	16.33	13.55	20.38	20.377

Per Share

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
EPS (Diluted TTM)	$3.41	$2.98	$3.32	$3.76	$5.91	$5.61	$5.37	$4.84	$3.49	$-0.15	$-3.09	$-11.87	$-15.51	$-11.76	$-9.65	$-5.95	$-1.78	$-4.68	$-3.55	$1.52	$1.52
Book Value/Share	$16.30	$17.02	$17.47	$16.89	$16.62	$18.52	$19.33	$19.51	$19.75	$17.44	$15.67	$7.84	$5.90	$5.33	$6.40	$3.32	$3.73	$0.83	$1.08	$1.32	$1.34
Tangible Book/Share	$-3.57	$-3.71	$-1.76	$-1.39	$-0.68	$-7.32	$-5.19	$-5.66	$-4.86	$-7.77	$-7.18	$-5.17	$-7.46	$-8.30	$-6.08	$-4.47	$-3.62	$-4.22	$-3.71	$-2.66	$-2.66
Revenue/Share	$34.93	$35.14	$37.04	$39.12	$42.53	$44.28	$44.72	$47.57	$46.84	$46.75	$45.22	$42.61	$40.70	$38.43	$36.83	$36.40	$34.62	$34.66	$33.65	$32.59	$33.15
FCF/Share	$6.90	$4.78	$3.87	$4.41	$4.20	$4.53	$4.10	$3.27	$3.50	$2.59	$2.35	$1.93	$0.74	$1.39	$2.59	$4.13	$6.48	$7.66	$6.83	$4.35	$4.43
OCF/Share	$9.37	$7.40	$6.78	$7.51	$7.63	$8.31	$7.83	$6.89	$7.07	$5.62	$5.13	$4.61	$2.99	$3.51	$4.53	$5.92	$8.07	$9.28	$8.44	$5.93	$6.03
Cash/Share	$6.81	$6.95	$5.67	$3.39	$1.90	$2.03	$2.07	$1.86	$2.32	$2.65	$2.44	$2.96	$3.73	$1.86	$1.95	$2.11	$2.25	$2.19	$2.65	$2.74	$2.78
EBITDA/Share	$9.27	$8.63	$9.11	$9.26	$12.12	$11.87	$11.43	$11.37	$10.01	$5.37	$1.96	$-8.77	$-13.53	$-9.00	$-6.49	$-1.43	$3.81	$0.58	$0.47	$5.38	$5.38
Debt/Share	$33.54	$33.41	$33.54	$31.71	$31.53	$40.60	$41.55	$43.54	$42.37	$42.39	$42.94	$43.05	$42.82	$39.75	$39.33	$37.79	$34.91	$34.81	$34.58	$34.73	$34.73
Net Debt/Share	$26.72	$26.46	$27.87	$28.32	$29.63	$38.57	$39.48	$41.68	$40.05	$39.74	$40.50	$40.10	$39.09	$37.89	$37.38	$35.68	$32.66	$32.62	$31.93	$31.99	$31.99

Academic Models

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Altman Z-Score	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2.641
Altman Z-Prime	snapshot only																				4.221
Piotroski F-Score	6	6	6	6	7	6	7	6	5	4	4	4	4	4	4	4	4	5	5	7	7
Beneish M-Score	-2.76	-2.48	-2.39	-2.51	-2.20	-2.33	-2.49	-2.20	-2.63	-2.60	-3.19	-4.09	-4.23	-4.36	-4.05	-3.84	-3.69	-4.28	-4.06	-3.41	-3.405
Ohlson O-Score	snapshot only																				-5.091
Net-Net WC	snapshot only																				$-26.60
EVA	snapshot only																				$48553333.33

Credit

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Credit Rating	snapshot only																				BB-
Credit Score	56.22	49.57	44.80	55.93	61.67	54.08	50.99	50.53	45.67	32.88	22.97	26.01	24.18	24.17	26.96	28.54	26.96	18.46	25.40	39.45	39.454
Credit Grade	snapshot only																				13
Credit Trend	snapshot only																				10.916
Implied Spread (bps)	snapshot only																				550.000
Industry Credit Rank	snapshot only																				26
Sector Credit Rank	snapshot only																				28

NGVT NYSE

Edge Score

Analyst Insights

Financial Rating

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

Executive Compensation

C-Suite Compensation

CEO Pay Ratio

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Scaling Efficiency

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