Koppers Holdings Inc. (KOP) vs Mativ Holdings, Inc. (MATV)

Koppers Holdings Inc. and Mativ Holdings, Inc. are both Specialty Chemicals companies. Koppers Holdings Inc. is the larger, with a market value of $869.2M against $671.7M — 1.3× the size. Koppers Holdings Inc. has negative trailing earnings, so its P/E is not meaningful; Mativ Holdings, Inc. trades at 7.4×. Mativ Holdings, Inc. grew revenue faster over the last twelve months: 1.06% against −4.98%. Mativ Holdings, Inc. has the higher net margin (4.50% vs −4.59%) and the higher return on invested capital (3.09% vs −2.13%). Both pay a dividend; Mativ Holdings, Inc. yields more (8.50% vs 0.47%). Across the 22 metrics below, Mativ Holdings, Inc. leads on 17 and Koppers Holdings Inc. on 5.

Valuation

Metric KOP MATV Specialty Chemicals median
P/E n/m 7.36 24.83
P/S 0.47 0.33 1.46
P/B 2.29 1.40 1.76
Price to free cash flow 6.26 5.10 19.84
EV/EBITDA 7.14 7.10 13.18
EV/Sales 0.92 0.79 1.84
Earnings yield (9.98%) 13.59% 2.11%
Free cash flow yield 15.98% 19.62% 2.29%

Profitability

Metric KOP MATV Specialty Chemicals median
Gross margin 22.36% 19.35% 29.23%
Operating margin (2.23%) 3.46% 3.63%
Net margin (4.59%) 4.50% 2.89%
Free cash flow margin 7.47% 6.48% 3.78%
Return on equity (19.01%) 20.15% 3.62%
Return on assets (4.76%) 4.40% 0.35%
Return on invested capital (2.13%) 3.09% 2.75%

Growth

Metric KOP MATV Specialty Chemicals median
Revenue growth (TTM) (4.98%) 1.06% 4.51%
EPS growth (last fiscal year) 11.38% (587.78%) —
Revenue growth, 5-year CAGR 2.40% 13.09% 6.30%
Net income growth, 5-year CAGR (14.42%) 0.00% 0.00%

Health

Metric KOP MATV Specialty Chemicals median
Debt to equity 2.32 2.10 0.54
Current ratio 2.33 1.98 1.94
Net debt to EBITDA 3.38 5.01 2.03

Dividend

Metric KOP MATV Specialty Chemicals median
Dividend yield 0.47% 8.50% 1.69%
Payout ratio 0.06 0.81 0.25

Size

Metric KOP MATV Specialty Chemicals median
Market cap 869.18m 671.66m 2.43b

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