Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Hexion Holdings Corporation, through its subsidiaries, produces and sells adhesives and performance materials in the United States, Canada, Europe, Asia, Latin America, Australia, and New Zealand. The company offers wood adhesives products, such as phenol formaldehyde, amino resins comprising urea formaldehyde and melamine formaldehyde, laminates, and derivatives for plywood, particleboard, oriented strand board, medium density fiberboard, laminated veneer lumber particleboard, laminated beams, cross-laminated timber, truck-decking, and glass mat applications. It also provides wax emulsions for panel board and specialty applications; intermediates and derivatives, such as urea formaldehyde concentrate, methaform, and triazines for methylene diphenyl diisocyanate, butanediol, herbicides and fungicides, oil and gas production scavengers, fabric softeners, formaldehyde-based resins, and hydrogen sulfide scavenging for oil and gas applications. In addition, the company offers performance coatings products, including Versatic acid derivatives for automotive, industrial, protective, architectural, construction, and adhesives applications; and chemical intermediates, such as Versatic acids and neo-acids for catalysts (peroxides), pharmaceuticals, agrochemicals, and adhesion promoters. It serves residential and non-residential construction, energy, automotive, and agriculture industries. The company was incorporated in 2019 and is headquartered in Columbus, Ohio.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITDA