📊 NGVT Key Takeaways
Is NGVT a Good Investment? Thesis Analysis
While Ingevity demonstrates strong operational performance with 35.9% operating margins and excellent free cash flow generation ($273.5M), the company faces severe balance sheet distress with a critical 40.79x debt-to-equity ratio and only $29.7M in stockholders' equity. Declining revenues (-2.7% YoY) combined with a $167.1M net loss leaves virtually no margin for error, creating significant bankruptcy risk despite positive operating cash flows.
Why Buy NGVT? Key Strengths
- Strong operating cash flow of $331.2M demonstrates robust underlying business operations
- Excellent free cash flow margin at 23.4% shows efficient capital deployment
- Operating margin of 35.9% indicates pricing power and cost control in core business
- Net loss improved 61.2% year-over-year suggesting positive trajectory
NGVT Investment Risks to Consider
- Stockholders' equity of $29.7M provides virtually no buffer against further deterioration
- Extreme leverage ratio of 40.79x is unsustainable and signals distress risk
- Revenue declining 2.7% YoY threatens ability to service $1.2B long-term debt
- Quick ratio of 0.79x indicates potential near-term liquidity constraints
- Net margin of -14.3% means company is operationally profitable but debt-service insolvent
Key Metrics to Watch
- Debt reduction trajectory and refinancing success
- Revenue stabilization or return to growth
- Operating cash flow sustainability to service debt obligations
NGVT Financial Metrics
💡 AI Analyst Insight
The 23.4% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.
NGVT Profitability Ratios
NGVT vs Default Sector
How Ingevity Corp compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is NGVT Overvalued or Undervalued?
Based on fundamental analysis, Ingevity Corp shows some fundamental concerns relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
NGVT Balance Sheet & Liquidity
NGVT 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: Ingevity Corp's revenue has declined by 13% over the 5-year period, indicating business contraction. The most recent EPS of $-0.15 indicates the company is currently unprofitable.
NGVT Growth Metrics (YoY)
NGVT Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $333.1M | $20.5M | $1.18 |
| Q2 2025 | $365.1M | $20.5M | $-3.46 |
| Q1 2025 | $284.0M | $20.5M | $0.56 |
| Q3 2024 | $376.9M | $25.2M | $0.69 |
| Q2 2024 | $390.6M | $35.5M | $0.97 |
| Q1 2024 | $340.1M | $50.7M | $1.35 |
| Q3 2023 | $446.0M | $25.2M | $0.69 |
| Q2 2023 | $419.9M | $35.5M | $0.97 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
NGVT Capital Allocation
NGVT SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for Ingevity Corp (CIK: 0001653477)
📋 Recent SEC Filings
❓ Frequently Asked Questions about NGVT
What is the AI rating for NGVT?
Ingevity Corp (NGVT) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are NGVT's key strengths?
Claude: Strong operating cash flow of $331.2M demonstrates robust underlying business operations. Excellent free cash flow margin at 23.4% shows efficient capital deployment.
What are the risks of investing in NGVT?
Claude: Stockholders' equity of $29.7M provides virtually no buffer against further deterioration. Extreme leverage ratio of 40.79x is unsustainable and signals distress risk.
What is NGVT's revenue and growth?
Ingevity Corp reported revenue of $1.2B.
Does NGVT pay dividends?
Ingevity Corp does not currently pay dividends.
Where can I find NGVT SEC filings?
Official SEC filings for Ingevity Corp (CIK: 0001653477) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is NGVT's EPS?
Ingevity Corp has a diluted EPS of $-4.61.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is NGVT a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Ingevity Corp has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is NGVT stock overvalued or undervalued?
Valuation metrics for NGVT: ROE of -562.6% (sector avg: 15%), net margin of -14.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy NGVT stock in 2026?
Our dual AI analysis gives Ingevity Corp a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is NGVT's free cash flow?
Ingevity Corp's operating cash flow is $331.2M, with capital expenditures of $57.7M. FCF margin is 23.4%.
How does NGVT compare to other Default stocks?
Vs Default sector averages: Net margin -14.3% (avg: 12%), ROE -562.6% (avg: 15%), current ratio 1.33 (avg: 1.8).