KOP Stock Analysis: Koppers Holdings | NYSE
Specialty Chemicals | NYSE, USA | Market Cap: 889m USD | 12M Return: 42.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.80M
EPS Trend: -75.0%
Qual. Beats: 0
Rev. Trend: -88.8%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Koppers Holdings Inc. (NYSE: KOP) is a Pittsburgh-based materials company founded in 1988 that operates three business segments: Railroad and Utility Products and Services, Performance Chemicals, and Carbon Materials and Chemicals. The company supplies treated wood products, wood preservation chemicals, and carbon-based compounds to railroad, utility, construction, agricultural, and industrial end markets across the United States, Australasia, Europe, and other international regions.
The Railroad and Utility Products and Services segment procures and treats crossties, switch ties, and bridge/crossing lumber, while also offering treated utility poles, rail joint bars, inspection services, and a used crosstie recovery business. The Performance Chemicals segment provides copper-based wood preservatives (sold under the MicroPro and MicroShades brands) and fire-retardant treatments under the FlamePro brand. The Carbon Materials and Chemicals segment produces creosote, carbon pitch (used as a raw material in aluminum and steel production), naphthalene, and carbon black feedstock. The company serves a diverse customer base spanning the railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber, and construction sectors.
As a small-cap commodity chemicals company within the broader Materials sector, Koppers operates in a niche industrial specialty chemicals space where demand is closely tied to North American rail infrastructure replacement cycles, utility grid spending, and downstream metals production activity. Its vertically integrated model-linking creosote and carbon byproducts from wood treatment into carbon black and aluminum/steel inputs-gives the business a degree of diversification beyond pure wood preservation markets.
- Class I railroad maintenance capex drives crosstie replacement volumes
- Carbon pitch demand tracks global aluminum and steel production cycles
- Residential construction trends lift wood preservative sales
| Net Income: 77.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 5.11 > 1.0 |
| NWC/Revenue: 22.49% < 20% (prev 20.95%; Δ 1.54% < -1%) |
| CFO/TA 0.10 > 3% & CFO 191.5m > Net Income 77.0m |
| Net Debt (1.08b) to EBITDA (252.2m): 4.29 < 3 |
| Current Ratio: 2.71 > 1.5 & < 3 |
| Outstanding Shares: last quarter (20.1m) vs 12m ago -1.21% < -2% |
| Gross Margin: 21.40% > 18% (prev 21.07%; Δ 0.33% > 0.5%) |
| Asset Turnover: 99.60% > 50% (prev 108.5%; Δ -8.87% > 0%) |
| Interest Coverage Ratio: 2.89 > 6 (EBIT TTM 186.3m / Interest Expense TTM 64.5m) |
| A: 0.22 (Total Current Assets 668.9m - Total Current Liabilities 246.5m) / Total Assets 1.88b |
| B: 0.29 (Retained Earnings 544.3m / Total Assets 1.88b) |
| C: 0.10 (EBIT TTM 186.3m / Avg Total Assets 1.89b) |
| D: 0.41 (Book Value of Equity 549.5m / Total Liabilities 1.33b) |
| Altman-Z'' = 3.51 = A |
| DSRI: 0.97 (Receivables 181.0m/204.8m, Revenue 1.88b/2.05b) |
| GMI: 0.98 (GM 21.07% / 21.40%) |
| AQI: 1.02 (AQ_t 0.25 / AQ_t-1 0.24) |
| SGI: 0.92 (Revenue 1.88b / 2.05b) |
| TATA: -0.06 (NI 77.0m - CFO 191.5m) / TA 1.88b) |
| Beneish M = -3.12 (Cap -4..+1) = AA |
As of July 09, 2026, the stock is trading at USD 47.40 with a total of 110,804 shares traded. Over the past week, the price has changed by +5.57%, over one month by +14.99%, over three months by +27.15% and over the past year by +42.15%.
Current recommended Stop Loss: 45.10 (which is 4.9% or 1.4 ATR below the current price).
Koppers Holdings has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy KOP.
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 51 | 7.6% |
P/E Trailing = 12.2573
P/E Forward = 1250.0
P/S = 0.4732
P/B = 1.6173
P/EG = 1320.2857
Revenue TTM = 1.88b USD
EBIT TTM = 186.3m USD
EBITDA TTM = 252.2m USD
Long Term Debt = 915.3m USD (from longTermDebt, last quarter)
Short Term Debt = 33.0m USD (from shortTermDebt, last quarter)
Debt = 1.13b USD (from shortLongTermDebtTotal, last quarter) + Leases 102.7m
Net Debt = 1.08b USD (calculated: Debt 1.13b - CCE 42.8m)
Enterprise Value = 1.97b USD (888.7m + Debt 1.13b - CCE 42.8m)
Interest Coverage Ratio = 2.89 (Ebit TTM 186.3m / Interest Expense TTM 64.5m)
EV/FCF = 14.14x (Enterprise Value 1.97b / FCF TTM 139.4m)
FCF Yield = 7.07% (FCF TTM 139.4m / Enterprise Value 1.97b)
FCF Margin = 7.42% (FCF TTM 139.4m / Revenue TTM 1.88b)
Net Margin = 4.10% (Net Income TTM 77.0m / Revenue TTM 1.88b)
Gross Margin = 21.40% ((Revenue TTM 1.88b - Cost of Revenue TTM 1.48b) / Revenue TTM)
Gross Margin QoQ = 13.16% (prev 25.61%)
Tobins Q-Ratio = 1.05 (Enterprise Value 1.97b / Total Assets 1.88b)
Interest Expense / Debt = 5.73% (Interest Expense 64.5m / Debt 1.13b)
Taxrate = 27.56% (29.3m / 106.3m)
NOPAT = 134.9m (EBIT 186.3m * (1 - 27.56%))
Current Ratio = 2.71 (Total Current Assets 668.9m / Total Current Liabilities 246.5m)
Debt / Equity = 2.05 (Debt 1.13b / totalStockholderEquity, last quarter 549.5m)
Debt / EBITDA = 4.29 (Net Debt 1.08b / EBITDA 252.2m)
Debt / FCF = 7.77 (Net Debt 1.08b / FCF TTM 139.4m)
Total Stockholder Equity = 549.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.08% (Net Income 77.0m / Total Assets 1.88b)
RoE = 14.03% (Net Income TTM 77.0m / Total Stockholder Equity 549.0m)
RoCE = 12.72% (EBIT 186.3m / Capital Employed (Equity 549.0m + L.T.Debt 915.3m))
RoIC = 8.31% (NOPAT 134.9m / Invested Capital 1.62b)
WACC = 6.74% (E(888.7m)/V(2.01b) * Re(10.01%) + D(1.13b)/V(2.01b) * Rd(5.73%) * (1-Tc(0.28)))
Discount Rate = 10.01% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -73.33 | Cagr: -3.27%
[DCF] Terminal Value 77.97% ; FCFF base≈101.1m ; Y1≈115.9m ; Y5≈170.5m
[DCF] Fair Price = 77.13 (EV 2.57b - Net Debt 1.08b = Equity 1.48b / Shares 19.2m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -74.99 | EPS CAGR: -15.99% | SUE: 0.24 | # QB: 0
Revenue Correlation: -88.82 | Revenue CAGR: -4.97% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.10 | Chg30d=N/A | Revisions=-50% | Analysts=3
EPS next Quarter (2026-09-30): EPS=1.37 | Chg30d=N/A | Revisions=-17% | Analysts=3
EPS current Year (2026-12-31): EPS=4.09 | Chg30d=N/A | Revisions=-17% | GrowthEPS=+0.4% | GrowthRev=+3.2%
EPS next Year (2027-12-31): EPS=4.70 | Chg30d=N/A | Revisions=+17% | GrowthEPS=+15.0% | GrowthRev=+1.7%
[Analyst] Revisions Ratio: -27% (up=4, down=8)