Ecovyst Inc. (ECVT)
Basic Materials · NYQ · US
Fundamentals
Valuation and ratings
Ecovyst Inc. trades at USD12.88, which is 46% above the USD6.93 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 26 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 71.6 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About Ecovyst Inc.
Ecovyst Inc. offers virgin and regenerated sulfuric acid products and services in the United States and internationally. It offers end-to-end logistics for production of alkylate for refineries mining, water treatment, and industrial applications. The company was formerly known as PQ Group Holdings Inc. and changed its name to Ecovyst Inc. in August 2021. Ecovyst Inc. was founded in 1831 and is headquartered in Wayne, Pennsylvania.
ECVT passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Smart money ownership
11 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$62.10M · 0.0% of book
- Howard Marks, OAKTREE CAPITAL MANAGEMENT LP$30.78M · 0.5% of book
- Steve Cohen, Point72 Asset Management, L.P.$13.50M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$8.36M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$5.43M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Ecovyst Inc. (ECVT) undervalued?
Against our discounted cash flow estimate of USD6.93, ECVT at USD12.88 is 46% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own ECVT?
11 of the institutions we track reported a position in ECVT in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is ECVT's P/E ratio?
ECVT trades at 71.6 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
The full research page for ECVT, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.