NEU
NewMarket Corp
Price:  
536.34 
USD
Volume:  
32,345.00
United States | Chemicals
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NEU Fair Value

9.90 %
Upside

As of 2024-07-15, the Fair Value of NewMarket Corp (NEU) is 589.45 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 536.34 USD, the upside of NewMarket Corp is 9.90%.

536.34 USD
Stock Price
589.45 USD
Fair Price
FAIR VALUE CALCULATION

NEU Fair Value

Peter Lynch's formula is:

NEU Fair Value
= Earnings Growth Rate x TTM EPS
NEU Fair Value
= 14.17 x 41.60
NEU Fair Value
= 589.45

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 254.30 270.60 190.90 279.50 388.86 276.83
YoY growth 8.35% 6.41% -29.45% 46.41% 39.13% 14.17%

NEU Fair Value - Key Data

Market Cap (mil) 5,143.50
P/E 12.89x
Forward P/E 13.34x
EPS 41.60
Avg earnings growth rate 14.17%
TTM earnings 398.94