Johnson Matthey PLC
JMAT: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
£7,973.37 | Sbnb | Gdzcp |
Johnson Matthey Has a Long-Term Growth Problem Without eLNO
Business Strategy and Outlook
Johnson Matthey is a U.K.-based specialty chemical company with unique expertise in catalysts, chemicals, and manufactured products derived from platinum group metals, or PGMs. Sales are fairly concentrated in developed markets, particularly Europe and North America. China, growing fast, now accounts for 15% of sales. Roughly 60% of sales are targeted at the automobile sector.