Company Quick10K Filing
Platform Specialty Products
10-Q 2019-09-30 Filed 2019-11-07
10-Q 2019-06-30 Filed 2019-08-02
10-Q 2019-03-31 Filed 2019-05-01
10-K 2018-12-31 Filed 2019-02-28
10-Q 2018-09-30 Filed 2018-11-01
10-Q 2018-06-30 Filed 2018-08-02
10-Q 2018-03-31 Filed 2018-05-03
10-K 2017-12-31 Filed 2018-02-28
10-Q 2017-09-30 Filed 2017-11-02
10-Q 2017-06-30 Filed 2017-08-09
10-Q 2017-03-31 Filed 2017-05-09
10-K 2016-12-31 Filed 2017-03-13
10-Q 2016-09-30 Filed 2016-11-07
10-Q 2016-06-30 Filed 2016-08-09
10-Q 2016-03-31 Filed 2016-05-10
10-K 2015-12-31 Filed 2016-03-11
10-Q 2015-09-30 Filed 2015-11-16
10-Q 2015-06-30 Filed 2015-08-14
10-Q 2015-03-31 Filed 2015-05-15
10-K 2014-12-31 Filed 2015-03-30
10-Q 2014-09-30 Filed 2014-11-14
10-Q 2014-06-30 Filed 2014-08-06
10-Q 2014-03-31 Filed 2014-05-07
10-K 2013-12-31 Filed 2014-03-31
8-K 2019-11-26 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2019-11-07 Earnings, Exhibits
8-K 2019-08-02 Earnings, Exhibits
8-K 2019-06-21 Officers
8-K 2019-06-05 Shareholder Vote
8-K 2019-05-17 Other Events
8-K 2019-05-01 Earnings, Exhibits
8-K 2019-04-22 Officers, Other Events, Exhibits
8-K 2019-03-22 Officers, Exhibits
8-K 2019-03-12 Officers, Other Events, Exhibits
8-K 2019-02-28 Earnings, Exhibits
8-K 2019-02-03 Enter Agreement, Officers, Exhibits
8-K 2019-01-30 Enter Agreement, Leave Agreement, M&A, Off-BS Arrangement, Officers, Amend Bylaw, Regulation FD, Other Events, Exhibits
8-K 2019-01-28 Enter Agreement, Earnings, Off-BS Arrangement, Officers, Exhibits
8-K 2018-11-01 Earnings, Regulation FD, Exhibits
8-K 2018-08-02 Earnings, Exhibits
8-K 2018-07-19 Enter Agreement, Impairments, Officers, Regulation FD, Exhibits
8-K 2018-06-25 Shareholder Vote
8-K 2018-05-03
8-K 2018-03-21 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-02-27 Earnings, Exhibits
8-K 2018-01-10 Regulation FD, Exhibits

Platform Specialty Products Financials

PAH Metrics, Comps, Filings

Quarterly | Annual

Business

Unless the context otherwise indicates or requires, all product names and trade names used in this 2018 Annual Report are our trademarks, some of which may be registered in certain jurisdictions. Although we have omitted the "®" and "TM" trademark designations for some of these marks, all rights to such trademarks are nevertheless reserved. This 2018 Annual Report contains additional trade names of other companies. We do not intend our use or display of such other companies' trade names to imply a relationship with, or endorsement or sponsorship of us by, these other companies. Unless otherwise specified in this 2018 Annual Report, all references to currency, monetary values and dollars set forth herein shall mean U.S. dollars.

Element Solutions, incorporated in Delaware in January 2014, is a leading global specialty chemicals company whose operating businesses formulate a broad range of solutions that enhance the performance of products people use every day. Developed in multi-step technological processes, our businesses' innovative solutions enable customers' manufacturing processes in several key industries, including electronic circuitry, communications infrastructure, automotive systems, industrial surface finishing, consumer packaging and offshore energy. Substantially all of our businesses' products are consumed by our customers as part of their production process, providing us with reliable and recurring revenue streams as the products are replenished in order to continue production. Those customers use our innovation as a competitive advantage, relying on us to help them navigate through fast-paced, high-growth markets. Our product development and product extensions are expected to continue to drive sales growth in both new and existing markets, while expanding margins, by continuing to offer high customer value propositions.

We believe the majority of our businesses hold strong positions in high-growth markets they serve. Our strategy is based on a balance of operational excellence and prudent capital allocation. To that end, our teams focus on commercial execution through strong sales, marketing, product development and supply chain efficiency; while our senior leadership balances holding business teams responsible for operational execution with prioritizing and executing on capital allocation opportunities. In the future, we may pursue targeted and opportunistic acquisitions in our existing and adjacent end-markets that strengthen our current businesses, expand and diversify our product offering, and enhance our growth and strategic position.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarterly)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Chemours (CC) 2,421 23% 6.9 5% 7,456 6,613 5,638 1,313 408 861 5,922
Ingevity (NGVT) 3,721 37% 18.0 9% 2,119 1,676 1,268 469 182 277 4,969
Valvoline (VVV) 4,135 34% 20.1 10% 2,064 2,322 2,390 810 208 265 5,327
Olin (OLN) 3,012 13% 8.3 1% 9,233 6,568 6,358 798 119 771 6,387
Balchem (BCPC) 3,256 33% 23.3 7% 1,097 363 641 208 80 137 3,196
Sensient Technologies (SXT) 2,885 0% 19.6 6% 1,779 882 1,004 0 99 177 3,468
Rogers (ROG) 2,622 35% 20.0 6% 1,250 335 927 328 76 131 2,611
Platform Specialty Products (PAH) 3,626 42% -27.0 -5% 9,392 7,280 3,544 1,477 -498 -319 8,618
Cabot (CBT) 2,610 21% 7.6 6% 3,004 2,006 3,337 685 186 463 3,536
Quaker Chemical (KWR) 2,537 35% 73.9 1% 2,724 1,521 954 331 30 44 3,215
Polyone (POL) 2,507 22% 16.8 4% 2,946 2,354 3,343 727 124 225 3,776
WD-40 (WDFC) 2,562 73% 28.6 18% 303 157 317 232 56 91 2,595
Innospec (IOSP) 2,186 31% 15.4 5% 1,494 612 1,123 348 81 143 2,207
PQ Group (PQG) 2,090 25% 11.5 2% 4,365 2,629 1,595 397 89 351 4,053
Minerals Technologies (MTX) 1,926 25% 9.3 5% 3,126 1,692 1,798 446 151 275 2,559
Trinseo (TSE) 1,785 8% 11.1 3% 2,725 2,010 3,952 328 85 223 2,474
Kronos (KRO) 1,445 24% 9.6 5% 1,885 1,038 1,708 403 102 155 1,494
Tronox (TROX) 1,317 18% 14.7 -2% 5,157 4,333 2,378 434 -86 283 4,160
GCP Applied Technologies (GCP) 1,437 37% 13.6 5% 1,281 765 1,031 387 65 109 1,482
Orion Engineered Carbons (OEC) 1,509 0% 1,273 1,114 0 0 0 0 2,132

Balance Sheet ($MM)2014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-30
Cash317643282397297672682432330342714423366427391478418447408
Accounts Receivable1411421453271,0541,0509431,0231,1731,1821,1411,0551,2091,1851,1471,1581,3161,248400
Inventory808179206461470467518612573564416517537557490612584210
PP&E136138134189298308316540558556591581590606626638663643391
Assets2,3942,7672,7304,5588,0688,5468,07610,19010,59310,67210,92710,05410,35010,38610,43910,25210,5479,9789,392
Accounts Payable545758107390387386450420394395384410433427462498464113
Long-Term Debt7517477461,4163,4453,4783,4745,3265,3725,3495,2785,2395,3505,4605,4235,5055,6125,5415,400
Liabilities1,0901,1401,1502,0055,2955,1525,1627,2717,4977,4587,8667,1647,3007,4347,4207,3927,5807,3747,280
Stockholders' Equity1,2071,5271,4812,4602,0182,6392,1632,1042,2692,3762,8882,7362,9072,8232,8902,7432,8562,5322,046
Income Statement ($MM)2014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-30
Revenue1841895356755978249228909508629419041,0699641,022488
Cost of Revenue100328406355468541515554483541533629559600279
Gross Profit84207269243356381375396378400371440405423210
R&D61318172020212322252328242610
SG&A74190206195284265274300258284264303277280140
Tax2-1325-018182720-37191138-6165-15-19
Net Income-61-26-9-122-134-872-2-24-60-66-1423812-406
Cash Flow ($MM)2014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-30
Cash Operating21-7017031-2109789209-1201079799-16169
Cash Investing3-2,218-82-5-20-10-7-37-25-23-25-197-40
Cash Financing1702,199285-3121-73290-44080-33-11727429