Ecovyst Stock Beta

ECVT Stock

USD 8.14 0.05 0.61%

Ecovyst fundamentals help investors to digest information that contributes to Ecovyst's financial success or failures. It also enables traders to predict the movement of Ecovyst Stock. The fundamental analysis module provides a way to measure Ecovyst's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ecovyst stock.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ecovyst Company Beta Analysis

Ecovyst's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Ecovyst Beta

0.97

Most of Ecovyst's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ecovyst is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ecovyst Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Ecovyst is extremely important. It helps to project a fair market value of Ecovyst Stock properly, considering its historical fundamentals such as Beta. Since Ecovyst's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ecovyst's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ecovyst's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Tangible Assets	Long Term Debt	Short Term Investments	Net Invested Capital	Long Term Investments	Short Long Term Debt	Net Working Capital	Property Plant Equipment	Capital Stock	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Treasury Stock
Total Assets		0.96	0.07	0.96	0.1	0.95	0.93	0.94	0.98	0.99	0.58	0.88	0.58	0.22	0.01	0.42	0.06	0.04	-0.38	0.25	0.04	0.0	0.13	0.13	0.13	0.11
Total Stockholder Equity	0.96		0.19	0.85	0.06	0.91	0.89	0.86	0.88	0.98	0.62	0.77	0.74	0.39	-0.12	0.53	-0.06	-0.02	-0.55	0.17	-0.09	0.07	0.04	0.03	0.03	0.03
Current Deferred Revenue	0.07	0.19		-0.11	-0.68	-0.01	0.02	-0.11	-0.02	0.21	0.31	-0.22	0.61	0.78	-0.8	0.27	-0.78	-0.42	-0.69	-0.67	-0.78	0.37	-0.67	-0.64	-0.64	-0.85
Net Debt	0.96	0.85	-0.11		0.21	0.94	0.91	0.96	0.99	0.91	0.5	0.95	0.36	0.01	0.2	0.26	0.23	0.12	-0.16	0.37	0.21	-0.08	0.26	0.25	0.25	0.24
Retained Earnings	0.1	0.06	-0.68	0.21		0.21	0.18	0.32	0.12	-0.03	-0.26	0.39	-0.45	-0.58	0.86	0.1	0.88	0.55	0.49	0.9	0.81	-0.45	0.8	0.78	0.78	0.81
Accounts Payable	0.95	0.91	-0.01	0.94	0.21		0.99	0.99	0.94	0.93	0.61	0.94	0.51	0.14	0.1	0.23	0.14	0.06	-0.29	0.3	0.08	-0.01	0.13	0.12	0.12	0.1
Net Receivables	0.93	0.89	0.02	0.91	0.18	0.99		0.98	0.91	0.91	0.64	0.92	0.54	0.17	0.05	0.16	0.08	0.03	-0.31	0.24	0.02	0.01	0.05	0.05	0.05	0.05
Good Will	0.94	0.86	-0.11	0.96	0.32	0.99	0.98		0.94	0.89	0.56	0.97	0.39	0.03	0.23	0.2	0.26	0.13	-0.16	0.4	0.2	-0.07	0.23	0.22	0.22	0.21
Total Liab	0.98	0.88	-0.02	0.99	0.12	0.94	0.91	0.94		0.94	0.53	0.92	0.44	0.1	0.1	0.32	0.14	0.08	-0.25	0.29	0.12	-0.04	0.19	0.18	0.18	0.16
Total Current Assets	0.99	0.98	0.21	0.91	-0.03	0.93	0.91	0.89	0.94		0.62	0.81	0.7	0.37	-0.14	0.46	-0.09	-0.04	-0.52	0.11	-0.11	0.08	0.0	0.0	0.0	-0.02
Short Term Debt	0.58	0.62	0.31	0.5	-0.26	0.61	0.64	0.56	0.53	0.62		0.46	0.66	0.39	-0.34	0.08	-0.33	-0.25	-0.27	-0.3	-0.38	0.26	-0.36	-0.36	-0.36	-0.31
Intangible Assets	0.88	0.77	-0.22	0.95	0.39	0.94	0.92	0.97	0.92	0.81	0.46		0.22	-0.16	0.37	0.14	0.4	0.33	0.01	0.51	0.34	-0.28	0.38	0.38	0.38	0.31
Common Stock	0.58	0.74	0.61	0.36	-0.45	0.51	0.54	0.39	0.44	0.7	0.66	0.22		0.8	-0.7	0.39	-0.66	-0.45	-0.87	-0.46	-0.67	0.44	-0.56	-0.56	-0.56	-0.48
Net Tangible Assets	0.22	0.39	0.78	0.01	-0.58	0.14	0.17	0.03	0.1	0.37	0.39	-0.16	0.8		-0.88	0.47	-0.84	-0.61	-0.9	-0.67	-0.87	0.61	-0.76	-0.76	-0.76	-0.64
Long Term Debt	0.01	-0.12	-0.8	0.2	0.86	0.1	0.05	0.23	0.1	-0.14	-0.34	0.37	-0.7	-0.88		-0.13	1.0	0.66	0.79	0.92	0.98	-0.61	0.93	0.92	0.92	0.8
Short Term Investments	0.42	0.53	0.27	0.26	0.1	0.23	0.16	0.2	0.32	0.46	0.08	0.14	0.39	0.47	-0.13		-0.05	0.11	-0.48	0.17	-0.05	-0.05	0.19	0.19	0.19	0.16
Net Invested Capital	0.06	-0.06	-0.78	0.23	0.88	0.14	0.08	0.26	0.14	-0.09	-0.33	0.4	-0.66	-0.84	1.0	-0.05		0.67	0.74	0.95	0.98	-0.61	0.95	0.93	0.94	0.81
Long Term Investments	0.04	-0.02	-0.42	0.12	0.55	0.06	0.03	0.13	0.08	-0.04	-0.25	0.33	-0.45	-0.61	0.66	0.11	0.67		0.49	0.66	0.65	-0.99	0.72	0.77	0.77	0.57
Short Long Term Debt	-0.38	-0.55	-0.69	-0.16	0.49	-0.29	-0.31	-0.16	-0.25	-0.52	-0.27	0.01	-0.87	-0.9	0.79	-0.48	0.74	0.49		0.5	0.75	-0.48	0.61	0.61	0.61	0.52
Net Working Capital	0.25	0.17	-0.67	0.37	0.9	0.3	0.24	0.4	0.29	0.11	-0.3	0.51	-0.46	-0.67	0.92	0.17	0.95	0.66	0.5		0.93	-0.59	0.95	0.94	0.94	0.78
Property Plant Equipment	0.04	-0.09	-0.78	0.21	0.81	0.08	0.02	0.2	0.12	-0.11	-0.38	0.34	-0.67	-0.87	0.98	-0.05	0.98	0.65	0.75	0.93		-0.61	0.97	0.96	0.96	0.8
Capital Stock	0.0	0.07	0.37	-0.08	-0.45	-0.01	0.01	-0.07	-0.04	0.08	0.26	-0.28	0.44	0.61	-0.61	-0.05	-0.61	-0.99	-0.48	-0.59	-0.61		-0.68	-0.73	-0.73	-0.48
Long Term Debt Total	0.13	0.04	-0.67	0.26	0.8	0.13	0.05	0.23	0.19	0.0	-0.36	0.38	-0.56	-0.76	0.93	0.19	0.95	0.72	0.61	0.95	0.97	-0.68		1.0	1.0	0.81
Capital Surpluse	0.13	0.03	-0.64	0.25	0.78	0.12	0.05	0.22	0.18	0.0	-0.36	0.38	-0.56	-0.76	0.92	0.19	0.93	0.77	0.61	0.94	0.96	-0.73	1.0		1.0	0.78
Deferred Long Term Liab	0.13	0.03	-0.64	0.25	0.78	0.12	0.05	0.22	0.18	0.0	-0.36	0.38	-0.56	-0.76	0.92	0.19	0.94	0.77	0.61	0.94	0.96	-0.73	1.0	1.0		0.78
Treasury Stock	0.11	0.03	-0.85	0.24	0.81	0.1	0.05	0.21	0.16	-0.02	-0.31	0.31	-0.48	-0.64	0.8	0.16	0.81	0.57	0.52	0.78	0.8	-0.48	0.81	0.78	0.78

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Ecovyst

In accordance with the recently published financial statements, Ecovyst has a Beta of 0.971. This is 11.61% higher than that of the Metals & Mining sector and 11.73% lower than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.

Ecovyst Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ecovyst's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ecovyst could also be used in its relative valuation, which is a method of valuing Ecovyst by comparing valuation metrics of similar companies.

Ecovyst is currently under evaluation in beta category among its peers.

Ecovyst Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ecovyst from analyzing Ecovyst's financial statements. These drivers represent accounts that assess Ecovyst's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ecovyst's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	2.3B	1.9B	1.4B	1.2B	1.2B	1.8B
Enterprise Value	4.2B	3.2B	2.2B	2.0B	2.0B	3.5B

Ecovyst ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ecovyst's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ecovyst's managers, analysts, and investors.

Environmental

Governance

Social

Ecovyst Institutional Holders

Institutional Holdings refers to the ownership stake in Ecovyst that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ecovyst's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ecovyst's value.

		Shares
Thompson, Siegel & Walmsley Llc	2024-09-30	2.2 M
First Wilshire Securities Mgmt Inc (ca)	2024-09-30	2 M
Boston Partners Global Investors, Inc	2024-09-30	1.8 M
Charles Schwab Investment Management Inc	2024-09-30	1.7 M
Evr Research Lp	2024-06-30	1.6 M
Nuveen Asset Management, Llc	2024-06-30	1.5 M
Jpmorgan Chase & Co	2024-06-30	1.5 M
Loomis, Sayles & Company Lp	2024-06-30	1.1 M
Brigade Capital Management Lp	2024-06-30	1 M
Hotchkis & Wiley Capital Management Llc	2024-09-30	12.9 M
Vanguard Group Inc	2024-09-30	10.9 M

Ecovyst returns are very sensitive to returns on the market. As the market goes up or down, Ecovyst is expected to follow.

Ecovyst Fundamentals

	Return On Equity	0.0763
	Return On Asset	0.0338
	Profit Margin	0.08 %
	Operating Margin	0.18 %
	Current Valuation	1.72 B
	Shares Outstanding	116.51 M
	Shares Owned By Insiders	9.27 %
	Shares Owned By Institutions	94.10 %
	Number Of Shares Shorted	2.84 M
	Price To Earning	36.44 X
	Price To Book	1.31 X
	Price To Sales	1.37 X
	Revenue	691.12 M
	Gross Profit	224.63 M
	EBITDA	187.83 M
	Net Income	71.15 M
	Cash And Equivalents	160.64 M
	Cash Per Share	1.17 X
	Total Debt	900.19 M
	Debt To Equity	1.17 %
	Current Ratio	2.66 X
	Book Value Per Share	6.26 X
	Cash Flow From Operations	137.6 M
	Short Ratio	3.13 X
	Earnings Per Share	0.45 X
	Price To Earnings To Growth	0.42 X
	Target Price	9.71
	Number Of Employees	911
	Beta	0.97
	Market Capitalization	954.22 M
	Total Asset	1.84 B
	Retained Earnings	(170.86 M)
	Working Capital	126.91 M
	Net Asset	1.84 B

About Ecovyst Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ecovyst's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ecovyst using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ecovyst based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Ecovyst Stock Analysis

When running Ecovyst's price analysis, check to measure Ecovyst'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 Ecovyst is operating at the current time. Most of Ecovyst's value examination focuses on studying past and present price action to predict the probability of Ecovyst's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecovyst's price. Additionally, you may evaluate how the addition of Ecovyst to your portfolios can decrease your overall portfolio volatility.

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