Cabot Corporation (CBT) vs Calumet, Inc. (CLMT)

Cabot Corporation and Calumet, Inc. are both Specialty Chemicals companies. Calumet, Inc. is the larger, with a market value of $4.7B against $4.1B — 1.2× the size. Calumet, Inc. has negative trailing earnings, so its P/E is not meaningful; Cabot Corporation trades at 22.1×. Calumet, Inc. grew revenue faster over the last twelve months: 12.8% against −4.74%. Cabot Corporation has the higher net margin (5.28% vs −2.98%) and the higher return on invested capital (11.2% vs 2.03%). Across the 19 metrics below, Cabot Corporation leads on 13 and Calumet, Inc. on 6.

Valuation

Metric CBT CLMT Specialty Chemicals median
P/E 22.12 n/m 24.83
P/S 1.12 1.02 1.46
P/B 2.34 n/m 1.76
Price to free cash flow 13.19 63.93 19.84
EV/EBITDA 7.56 54.43 13.18
EV/Sales 1.40 1.59 1.84
Earnings yield 4.52% (2.89%) 2.11%
Free cash flow yield 7.58% 1.56% 2.29%

Profitability

Metric CBT CLMT Specialty Chemicals median
Gross margin 22.70% 6.57% 29.23%
Operating margin 13.57% 1.03% 3.63%
Net margin 5.28% (2.98%) 2.89%
Free cash flow margin 8.48% 1.60% 3.78%
Return on equity 11.24% 12.74% 3.62%
Return on assets 4.92% (4.90%) 0.35%
Return on invested capital 11.18% 2.03% 2.75%

Growth

Metric CBT CLMT Specialty Chemicals median
Revenue growth (TTM) (4.74%) 12.80% 4.51%
EPS growth (last fiscal year) (10.42%) 85.39% —
Revenue growth, 5-year CAGR 7.27% 12.77% 6.30%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CBT CLMT Specialty Chemicals median
Debt to equity 0.73 (2.41) 0.54
Current ratio 1.47 0.84 1.94
Net debt to EBITDA 1.13 7.36 2.03

Dividend

Metric CBT CLMT Specialty Chemicals median
Dividend yield 2.07% — 1.69%
Payout ratio 0.29 — 0.25

Size

Metric CBT CLMT Specialty Chemicals median
Market cap 4.06b 4.69b 2.43b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack