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NewMarket Corp NEU

Morningstar Rating
$583.38 −0.58 (0.10%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NEU is trading at a 12% premium.
Price
$584.57
Fair Value
$519.60
Uncertainty
High
1-Star Price
$528.53
5-Star Price
$829.13
Economic Moat
Hdzhtn
Capital Allocation
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News

Trading Information

Previous Close Price
$583.96
Day Range
$579.25588.15
52-Week Range
$362.16650.00
Bid/Ask
$570.06 / $595.76
Market Cap
$5.59 Bil
Volume/Avg
35,133 / 41,263

Key Statistics

Price/Earnings (Normalized)
14.43
Price/Sales
2.07
Dividend Yield (Trailing)
1.59%
Dividend Yield (Forward)
1.71%
Total Yield
2.35%

Company Profile

NewMarket Corp is a holding company that, through its subsidiaries, manufactures and sells petroleum additives. Petroleum additives are used in lubricating oils and fuels to enhance their performance in machinery, vehicles, and other equipment. It comprises two broad product applications. Lubricant additives are formulated chemical solutions that, when blended with base fluids, improve the efficiency, durability, performance, and functionality of mineral oils, synthetic oils, and biodegradable fluids. Fuel additives are chemical components that help oil refiners meet fuel specifications or formulated packages that improve the performance of gasoline, diesel, biofuels, and other fuels.
Sector
Basic Materials
Industry
Specialty Chemicals
Stock Style Box
Small Core
Total Number of Employees
2,000

Comparables

Valuation

Metric
NEU
CE
FLS
Price/Earnings (Normalized)
14.4319.0422.26
Price/Book Value
5.192.373.09
Price/Sales
2.071.551.39
Price/Cash Flow
12.6312.2120.11
Price/Earnings
NEU
CE
FLS

Financial Strength

Metric
NEU
CE
FLS
Quick Ratio
1.490.881.19
Current Ratio
2.851.531.88
Interest Coverage
14.092.594.24
Quick Ratio
NEU
CE
FLS

Profitability

Metric
NEU
CE
FLS
Return on Assets (Normalized)
16.59%3.75%4.36%
Return on Equity (Normalized)
42.96%16.00%11.47%
Return on Invested Capital (Normalized)
22.78%6.65%8.01%
Return on Assets
NEU
CE
FLS
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