KOP Stock Analysis: Koppers Holdings | NYSE
Specialty Chemicals | NYSE, USA | Market Cap: 849m USD | 12M Return: 58.5% | US50060P1066 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.04M
EPS Trend: -49.4%
Qual. Beats: 3
Rev. Trend: -93.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 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: -86.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 4.33 > 1.0 |
| NWC/Revenue: 20.50% < 20% (prev 21.87%; Δ -1.36% < -1%) |
| CFO/TA 0.11 > 3% & CFO 191.0m > Net Income -86.9m |
| Net Debt (1.06b) to EBITDA (30.4m): 34.99 < 3 |
| Current Ratio: 2.33 > 1.5 & < 3 |
| Outstanding Shares: last quarter (19.1m) vs 12m ago -5.47% < -2% |
| Gross Margin: 20.95% > 18% (prev 21.32%; Δ -0.37% > 0.5%) |
| Asset Turnover: 103.7% > 50% (prev 103.2%; Δ 0.46% > 0%) |
| Interest Coverage Ratio: -0.57 > 6 (EBIT TTM -35.4m / Interest Expense TTM 62.2m) |
| A: 0.23 (Total Current Assets 679.6m - Total Current Liabilities 291.4m) / Total Assets 1.72b |
| B: 0.23 (Retained Earnings 395.0m / Total Assets 1.72b) |
| C: -0.02 (EBIT TTM -35.4m / Avg Total Assets 1.83b) |
| D: 0.29 (Book Value of Equity 387.0m / Total Liabilities 1.34b) |
| Altman-Z'' = 2.40 = A |
| DSRI: 1.02 (Receivables 205.7m/211.7m, Revenue 1.89b/1.99b) |
| GMI: 1.02 (GM 21.32% / 20.95%) |
| AQI: 1.10 (AQ_t 0.27 / AQ_t-1 0.24) |
| SGI: 0.95 (Revenue 1.89b / 1.99b) |
| TATA: -0.16 (NI -86.9m - CFO 191.0m) / TA 1.72b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of August 23, 2026, the stock is trading at USD 45.19 with a total of 163,460 shares traded. Over the past week, the price has changed by -4.14%, over one month by -12.20%, over three months by +14.28% and over the past year by +58.54%.
Current recommended Stop Loss: 41.30 (which is 8.6% or 1.8 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 | 57 | 26.1% |
P/E Forward = 13.1062
P/S = 0.4485
P/B = 2.2205
P/EG = 13.114
Revenue TTM = 1.89b USD
EBIT TTM = -35.4m USD
EBITDA TTM = 30.4m USD
Long Term Debt = 892.7m USD (from longTermDebt, last quarter)
Short Term Debt = 33.6m USD (from shortTermDebt, last quarter)
Debt = 1.11b USD (from shortLongTermDebtTotal, last quarter) + Leases 104.0m
Net Debt = 1.06b USD (calculated: Debt 1.11b - CCE 40.7m)
Enterprise Value = 1.91b USD (849.1m + Debt 1.11b - CCE 40.7m)
Interest Coverage Ratio = -0.57 (Ebit TTM -35.4m / Interest Expense TTM 62.2m)
EV/FCF = 13.80x (Enterprise Value 1.91b / FCF TTM 138.7m)
FCF Yield = 7.25% (FCF TTM 138.7m / Enterprise Value 1.91b)
FCF Margin = 7.33% (FCF TTM 138.7m / Revenue TTM 1.89b)
Net Margin = -4.59% (Net Income TTM -86.9m / Revenue TTM 1.89b)
Gross Margin = 20.95% ((Revenue TTM 1.89b - Cost of Revenue TTM 1.50b) / Revenue TTM)
Gross Margin QoQ = 20.96% (prev 13.16%)
Tobins Q-Ratio = 1.11 (Enterprise Value 1.91b / Total Assets 1.72b)
Interest Expense / Debt = 5.63% (Interest Expense 62.2m / Debt 1.11b)
Taxrate = 31.03% (25.2m / 81.2m)
NOPAT = -24.4m (EBIT -35.4m * (1 - 31.03%)) [loss with tax shield]
Current Ratio = 2.33 (Total Current Assets 679.6m / Total Current Liabilities 291.4m)
Debt / Equity = 2.86 (Debt 1.11b / totalStockholderEquity, last quarter 387.0m)
Debt / EBITDA = 34.99 (Net Debt 1.06b / EBITDA 30.4m)
Debt / FCF = 7.68 (Net Debt 1.06b / FCF TTM 138.7m)
Total Stockholder Equity = 514.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -4.76% (Net Income -86.9m / Total Assets 1.72b)
RoE = -16.91% (Net Income TTM -86.9m / Total Stockholder Equity 514.0m)
RoCE = -2.52% (EBIT -35.4m / Capital Employed (Equity 514.0m + L.T.Debt 892.7m))
RoIC = -1.71% (negative operating profit) (NOPAT -24.4m / Invested Capital 1.42b)
WACC = 6.40% (E(849.1m)/V(1.95b) * Re(9.67%) + D(1.11b)/V(1.95b) * Rd(5.63%) * (1-Tc(0.31)))
Discount Rate = 9.67% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -89.63 | Cagr: -5.85%
[DCF] Terminal Value 77.97% ; FCFF base≈112.0m ; Y1≈128.4m ; Y5≈188.9m
[DCF] Fair Price = 94.02 (EV 2.84b - Net Debt 1.06b = Equity 1.78b / Shares 18.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -49.42 | EPS CAGR: -3.29% | SUE: 2.64 | # QB: 3
Revenue Correlation: -93.76 | Revenue CAGR: -5.59% | SUE: 0.41 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.35 | Chg30d=-1.22% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=4.06 | Chg30d=-0.73% | Revisions=+25% | GrowthEPS=-0.3% | GrowthRev=+1.4%
EPS next Year (2027-12-31): EPS=4.90 | Chg30d=+4.19% | Revisions=+25% | GrowthEPS=+20.7% | GrowthRev=+5.7%
[Analyst] Revisions Ratio: +40% (up=2, down=0)