(NEU) NewMarket - Ratings and Ratios
Lubricant Additives, Fuel Additives, Antiknock Compounds, Contract Manufacturing
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.69% |
| Yield on Cost 5y | 2.95% |
| Yield CAGR 5y | 8.90% |
| Payout Consistency | 73.8% |
| Payout Ratio | 29.4% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 23.6% |
| Value at Risk 5%th | 36.9% |
| Relative Tail Risk | -4.79% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.54 |
| Alpha | 40.06 |
| CAGR/Max DD | 1.30 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.539 |
| Beta | 0.487 |
| Beta Downside | 0.209 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.64% |
| Mean DD | 7.39% |
| Median DD | 4.26% |
Description: NEU NewMarket January 08, 2026
NewMarket Corporation (NYSE: NEU) manufactures and sells a broad portfolio of petroleum-based additives, covering lubricant formulations for engines, transmissions, hydraulics, turbines and specialty industrial applications, as well as fuel-enhancing compounds for gasoline, diesel, biofuels and refining processes. The business serves a global customer base-including OEMs, governments and end-users-across North America, Latin America, APAC, Europe, the Middle East, Africa and India, and also provides contracted manufacturing and real-estate services.
Key operating metrics from the most recent 10-K (FY 2023) show total revenue of roughly **$1.5 billion** with an adjusted EBITDA margin near **10 %**, reflecting the capital-intensive nature of specialty chemicals. The segment most sensitive to macro trends is fuel additives, which benefit from tighter global emissions standards and the ongoing shift toward higher-octane, low-sulfur fuels-a driver that has historically delivered a **3-5 % CAGR** in additive volumes. Conversely, the lubricant-additive line faces a modest headwind from the gradual electrification of transportation, although off-road and industrial equipment still demand robust additive solutions.
For a deeper, data-driven look at NEU’s valuation and risk profile, you may find ValueRay’s analyst toolkit useful.
Piotroski VR‑10 (Strict, 0-10) 8.0
| Net Income (448.2m TTM) > 0 and > 6% of Revenue (6% = 164.7m TTM) |
| FCFTA 0.17 (>2.0%) and ΔFCFTA 2.64pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 25.17% (prev 26.51%; Δ -1.34pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.19 (>3.0%) and CFO 609.0m > Net Income 448.2m (YES >=105%, WARN >=100%) |
| Net Debt (759.5m) to EBITDA (745.2m) ratio: 1.02 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.68 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (9.40m) change vs 12m ago -2.08% (target <= -2.0% for YES) |
| Gross Margin 31.86% (prev 30.84%; Δ 1.02pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 85.76% (prev 87.65%; Δ -1.89pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 15.03 (EBITDA TTM 745.2m / Interest Expense TTM 41.5m) >= 6 (WARN >= 3) |
Altman Z'' 5.49
| (A) 0.21 = (Total Current Assets 1.10b - Total Current Liabilities 410.5m) / Total Assets 3.23b |
| (B) 0.50 = Retained Earnings (Balance) 1.62b / Total Assets 3.23b |
| (C) 0.19 = EBIT TTM 623.1m / Avg Total Assets 3.20b |
| (D) 1.09 = Book Value of Equity 1.69b / Total Liabilities 1.54b |
| Total Rating: 5.49 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 81.98
| 1. Piotroski 8.0pt |
| 2. FCF Yield 7.28% |
| 3. FCF Margin 19.85% |
| 4. Debt/Equity 0.51 |
| 5. Debt/Ebitda 1.02 |
| 6. ROIC - WACC (= 11.76)% |
| 7. RoE 28.53% |
| 8. Rev. Trend 37.42% |
| 9. EPS Trend -28.36% |
What is the price of NEU shares?
Over the past week, the price has changed by +2.87%, over one month by -6.14%, over three months by -8.06% and over the past year by +49.56%.
Is NEU a buy, sell or hold?
What are the forecasts/targets for the NEU price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 450 | -37.8% |
| Analysts Target Price | 450 | -37.8% |
| ValueRay Target Price | 902.3 | 24.7% |
NEU Fundamental Data Overview January 08, 2026
P/S = 2.4503
P/B = 3.9782
P/EG = 5.09
Beta = 0.497
Revenue TTM = 2.74b USD
EBIT TTM = 623.1m USD
EBITDA TTM = 745.2m USD
Long Term Debt = 783.1m USD (from longTermDebt, last quarter)
Short Term Debt = 16.9m USD (from shortTermDebt, last quarter)
Debt = 861.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 759.5m USD (from netDebt column, last quarter)
Enterprise Value = 7.48b USD (6.72b + Debt 861.9m - CCE 102.5m)
Interest Coverage Ratio = 15.03 (Ebit TTM 623.1m / Interest Expense TTM 41.5m)
EV/FCF = 13.74x (Enterprise Value 7.48b / FCF TTM 544.8m)
FCF Yield = 7.28% (FCF TTM 544.8m / Enterprise Value 7.48b)
FCF Margin = 19.85% (FCF TTM 544.8m / Revenue TTM 2.74b)
Net Margin = 16.33% (Net Income TTM 448.2m / Revenue TTM 2.74b)
Gross Margin = 31.86% ((Revenue TTM 2.74b - Cost of Revenue TTM 1.87b) / Revenue TTM)
Gross Margin QoQ = 30.37% (prev 31.63%)
Tobins Q-Ratio = 2.31 (Enterprise Value 7.48b / Total Assets 3.23b)
Interest Expense / Debt = 0.97% (Interest Expense 8.37m / Debt 861.9m)
Taxrate = 26.06% (35.3m / 135.6m)
NOPAT = 460.7m (EBIT 623.1m * (1 - 26.06%))
Current Ratio = 2.68 (Total Current Assets 1.10b / Total Current Liabilities 410.5m)
Debt / Equity = 0.51 (Debt 861.9m / totalStockholderEquity, last quarter 1.69b)
Debt / EBITDA = 1.02 (Net Debt 759.5m / EBITDA 745.2m)
Debt / FCF = 1.39 (Net Debt 759.5m / FCF TTM 544.8m)
Total Stockholder Equity = 1.57b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.01% (Net Income 448.2m / Total Assets 3.23b)
RoE = 28.53% (Net Income TTM 448.2m / Total Stockholder Equity 1.57b)
RoCE = 26.47% (EBIT 623.1m / Capital Employed (Equity 1.57b + L.T.Debt 783.1m))
RoIC = 18.67% (NOPAT 460.7m / Invested Capital 2.47b)
WACC = 6.92% (E(6.72b)/V(7.59b) * Re(7.71%) + D(861.9m)/V(7.59b) * Rd(0.97%) * (1-Tc(0.26)))
Discount Rate = 7.71% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -1.05%
[DCF Debug] Terminal Value 83.56% ; FCFF base≈506.8m ; Y1≈568.2m ; Y5≈756.3m
Fair Price DCF = 1686 (EV 16.60b - Net Debt 759.5m = Equity 15.84b / Shares 9.40m; r=6.92% [WACC]; 5y FCF grow 14.06% → 2.90% )
EPS Correlation: -28.36 | EPS CAGR: -39.60% | SUE: 0.0 | # QB: 0
Revenue Correlation: 37.42 | Revenue CAGR: 4.92% | SUE: N/A | # QB: 0
Additional Sources for NEU Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle