$684.34+2.31% today
AI Take · AlgoThesis
NewMarket's 14.97 P/E sits meaningfully below its Basic Materials peer average, suggesting either genuine undervaluation or justified caution about cyclical headwinds in chemical manufacturing. The 7.04% short interest is notable but not extreme, while the 55.6 RSI indicates neutral momentum—neither oversold nor overbought. Trading well below its 52-week high provides some cushion, though the depressed valuation could reflect deteriorating demand visibility in industrial organics rather than a screaming bargain. The setup lacks the extremes typically associated with high-conviction moves in either direction.
Snapshot
Market cap
$6.2B
P/E
15.0
Forward P/E
14.7
EPS (TTM)
$43.94
Dividend yield
1.78%
Net margin
15.3%
ROE
24.1%
RSI (14)
56
Beta
0.55
Short % of float
7.0%
Days to cover
4.4
52w high
No
Recent headlines
Peers in Industrial Organic Chemicals
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