Based on the key indicators related to NewMarket's liquidity, profitability, solvency, and operating efficiency, NewMarket may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, NewMarket's Other Current Assets are comparatively stable compared to the past year. Short Term Debt is likely to gain to about 54.8 M in 2025, whereas Other Current Liabilities is likely to drop slightly above 79.4 M in 2025. Key indicators impacting NewMarket's financial strength include:
The essential information of the day-to-day investment outlook for NewMarket includes many different criteria found on its balance sheet. An individual investor should monitor NewMarket's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in NewMarket.
Please note, the imprecision that can be found in NewMarket's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NewMarket. Check NewMarket's Beneish M Score to see the likelihood of NewMarket's management manipulating its earnings.
NewMarket Stock Summary
NewMarket competes with H B, Minerals Technologies, Quaker Chemical, Oil Dri, and Sensient Technologies. NewMarket Corporation, through its subsidiaries, engages in the petroleum additives business. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia. NewMarket Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 2104 people.
The reason investors look at the income statement is to determine what NewMarket's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining NewMarket's current stock value. Our valuation model uses many indicators to compare NewMarket value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NewMarket competition to find correlations between indicators driving NewMarket's intrinsic value. More Info.
NewMarket is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.40 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NewMarket is roughly 2.50 . At this time, NewMarket's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value NewMarket by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
NewMarket Systematic Risk
NewMarket's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NewMarket volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on NewMarket correlated with the market. If Beta is less than 0 NewMarket generally moves in the opposite direction as compared to the market. If NewMarket Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NewMarket is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NewMarket is generally in the same direction as the market. If Beta > 1 NewMarket moves generally in the same direction as, but more than the movement of the benchmark.
NewMarket Thematic Clasifications
NewMarket is part of Chemicals investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Chemicals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Chemicals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in NewMarket Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NewMarket's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of NewMarket growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of NewMarket help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NewMarket. We use our internally-developed statistical techniques to arrive at the intrinsic value of NewMarket based on widely used predictive technical indicators. In general, we focus on analyzing NewMarket Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NewMarket's daily price indicators and compare them against related drivers.
When running NewMarket's price analysis, check to measure NewMarket's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewMarket is operating at the current time. Most of NewMarket's value examination focuses on studying past and present price action to predict the probability of NewMarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewMarket's price. Additionally, you may evaluate how the addition of NewMarket to your portfolios can decrease your overall portfolio volatility.