Topic: How To Invest

Q: Please, would you kindly provide your input on whether Chase Corp. (CCF) is worth investing in? Thanks.

Article Excerpt

A: Chase Corporation, $94.80, symbol CCF on New York (Shares outstanding: 9.5 million; Market cap: $894.7 million; Manufacturing sector; TSINetwork Rating: Extra Risk www.chasecorp.com), manufactures protective materials for high-reliability applications. The company’s three operating segments are Adhesives, Sealants & Additives (43% of sales); Industrial Tapes (41%); and Corrosion Protection and Waterproofing (16%). Chase’s offerings include insulating and conducting materials, moisture protective coatings, laminated durable papers, pulling and detection tapes, and wind energy composite materials and elements. Products also include glass-based strength elements, which let fiber-optic cables withstand mechanical and environmental strain and stress. The company’s other products include “Chase” branded products such as protective coating and lining systems, adhesives, and expansion and control joint systems. Chase’s broader family of brands include HumiSeal, Dualite, Chase & Sons, PaperTyger, Tapecoat, and C.I.M. Industries. The company announced on September 6, 2022, that it had completed its acquisition of NuCera Solutions for $250 million. Chase acquired the firm from an affiliate of SK Capital Partners; it’s a New York…