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NL Industries, Inc.NYSE:NL Aktienübersicht

Marktkapitalisierung US$344.5m
Aktienkurs
US$7.05
US$6
17.5% überbewertet intrinsischer Abschlag
1Y-5.5%
7D-1.4%
1D
Wert des Portfolios
​
Siehe

NL Industries, Inc.

NYSE:NL Lagerbericht

Marktkapitalisierung: US$344.5m

NL Industries (NL) Aktienübersicht

NL Industries, Inc. ist über seine Tochtergesellschaften in Europa, Nordamerika, im asiatisch-pazifischen Raum und auf internationaler Ebene im Bereich der Komponentenindustrie tätig. Mehr Details

NL grundlegende Analyse
Schneeflocken-Punktzahl
Bewertung0/6
Künftiges Wachstum0/6
Vergangene Leistung0/6
Finanzielle Gesundheit6/6
Dividenden2/6

Risikoanalyse

Die Dividende von 5.67% ist nicht gut durch Erträge oder freie Cashflows gedeckt

Die Erträge sind in den letzten 5 Jahren um 20.7% pro Jahr zurückgegangen


NL Community Fair Values

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NL Industries, Inc. Wettbewerber

Preisentwicklung & Leistung

Zusammenfassung der Höchst- und Tiefststände sowie der Veränderungen der Aktienkurse für NL Industries
Historische Aktienkurse
Aktueller AktienkursUS$7.05
52-Wochen-HochUS$8.60
52-Wochen-TiefUS$5.04
Beta0.19
1 Monat Veränderung18.09%
3 Monate Veränderung9.64%
1 Jahr Veränderung-5.50%
3 Jahre Veränderung26.80%
5 Jahre Veränderung-5.24%
Veränderung seit IPO-95.74%

Aktuelle Nachrichten und Updates

Recent updates

Seeking Alpha • Feb 26

NL Industries: A Complex Little Performer To Watch

Summary NL Industries trades at a material discount to book value, with a cash-rich, debt-light balance sheet and two well-performing operating entities. Ongoing litigation remains the primary risk, but recent settlements and case closures improve the forward outlook for NL. Financial forecasts suggest 5.7% revenue growth and 45.5% underlying net income growth, but margins remain volatile due to Valhi exposure. We initiate a Hold rating with an $8.40 12-month price target, citing a 32% undervaluation but an unattractive risk/reward profile. Read the full article on Seeking Alpha
Analyseartikel • Aug 14

We Think That There Are Some Issues For NL Industries (NYSE:NL) Beyond Its Promising Earnings

NYSE:NL 1 Year Share Price vs Fair Value Explore NL Industries's Fair Values from the Community and select yours The...
Analyseartikel • May 19

NL Industries (NYSE:NL) Has Announced A Dividend Of $0.09

The board of NL Industries, Inc. ( NYSE:NL ) has announced that it will pay a dividend of $0.09 per share on the 24th...
Analyseartikel • Jan 24

NL Industries, Inc.'s (NYSE:NL) Price Is Out Of Tune With Revenues

When you see that almost half of the companies in the Commercial Services industry in the United States have...
Seeking Alpha • Nov 29

NL Industries: Lucrative Stock For Dividend Investors

Summary NL Industries, with a diversified portfolio in minerals and engineering products, has shown resilience with a recent EPS recovery and consistent dividend payouts. The stock is undervalued with a forward P/E of 11.2x, presenting a significant upside potential of 44.7% based on DCF analysis. Favorable economic conditions and potential rate cuts in 2025 could boost manufacturing levels, positively impacting NL Industries' revenue and EPS growth. Despite potential risks from tariffs and labor issues, NL Industries remains a Strong Buy for value investors due to its stable dividends and growth prospects. Read the full article on Seeking Alpha
Analyseartikel • Oct 10

Returns At NL Industries (NYSE:NL) Are On The Way Up

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analyseartikel • Jul 18

Some Confidence Is Lacking In NL Industries, Inc.'s (NYSE:NL) P/E

NL Industries, Inc.'s ( NYSE:NL ) price-to-earnings (or "P/E") ratio of 29x might make it look like a strong sell right...
Analyseartikel • May 07

Returns Are Gaining Momentum At NL Industries (NYSE:NL)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analyseartikel • Mar 29

Revenues Tell The Story For NL Industries, Inc. (NYSE:NL) As Its Stock Soars 46%

NL Industries, Inc. ( NYSE:NL ) shareholders would be excited to see that the share price has had a great month...
Analyseartikel • Oct 30

NL Industries (NYSE:NL) Has Affirmed Its Dividend Of $0.07

NL Industries, Inc. ( NYSE:NL ) will pay a dividend of $0.07 on the 19th of December. The dividend yield will be 5.9...
Seeking Alpha • Oct 18

NL Industries: Undiscovered Dividend Stock For Income And Capital Gains

Summary NL Industries is an undiscovered high-yield dividend company with strong fundamentals and zero debt. The company operates through its majority-owned subsidiary CompX International, which manufactures security products and recreational marine components. NL Industries has a positive outlook, with its subsidiary's business expected to grow and its minority stake in Kronos Worldwide also showing positive long-term prospects. The quarterly dividend is safe, while NL Industries has room for more special dividends in the next years, barring unforeseen events. NL Industries' key multiples currently are low, so long-term investors could make significant profits in addition to the dividends, barring unforeseen events. Read the full article on Seeking Alpha
Analyseartikel • Aug 10

NL Industries (NYSE:NL) Is Looking To Continue Growing Its Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analyseartikel • May 22

NL Industries (NYSE:NL) Has Announced A Dividend Of $0.07

The board of NL Industries, Inc. ( NYSE:NL ) has announced that it will pay a dividend on the 20th of June, with...
Analyseartikel • Feb 27

NL Industries (NYSE:NL) Will Pay A Dividend Of $0.07

NL Industries, Inc.'s ( NYSE:NL ) investors are due to receive a payment of $0.07 per share on 23rd of March. This...
Analyseartikel • Dec 21

NL Industries (NYSE:NL) Is Looking To Continue Growing Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Seeking Alpha • Oct 27

NL Industries declares $0.07 dividend

NL Industries (NYSE:NL) declares $0.07/share quarterly dividend, in line with previous. Forward yield 3.29% Payable Dec. 20; for shareholders of record Dec. 1; ex-div Nov. 30. See NL Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Aug 22

NL Industries: Not As Attractive As Before Due To The Recent Price Increase

The recent increase in NL Industries' stock price caused the dividend yield to drop to ~2.6%, which is covered with half the dividends received by a noncontrolling interest in Kronos Worldwide. NL Industries announced a special dividend of $0.35 in August 2022, and investors can expect more special dividends in the future due to the low cash payout ratio. Despite the recent increase in cash on hand, the management seems not interested in expanding the holding portfolio. The company has a strong cyclical nature, so the risk has increased along with the recent increase in the share price. I consider NL to be a good stock to hold, but not a buy at this price. Investment thesis In September 2021, I wrote an article about NL Industries (NL) as it was trading at a discount of ~60% from the last price spike experienced in 2017. Since then, the share price has increased by 58% to $9.95, causing the dividend yield to drop from 3.70% to 2.61% despite the fact that the company raised it again in 2022 by 17.6%. On the other hand, NL announced a special dividend of $0.35 in August 2022, which will be paid with cash on hand. The company keeps paying its fixed dividend with half the dividends received by its stake in Kronos Worldwide (KRO), which suggests the dividend is safe as long as Kronos Worldwide keeps paying the dividend with a relatively conservative cash payout ratio. Furthermore, stable margins in CompX International are allowing strong cash flow generation year after year. Despite the recent increase in the share price, NL Industries is still a company that a conservative investor can hold for the long term while reaping the dividend, but it is not as attractive as it was at the moment I wrote the last article due to its cyclical nature. The parameters that I analyzed in the previous article have improved along with the increase in the price of the shares: net sales, margins, cash position, and the dividend payout. But NL Industries is a company that I think you should buy during bad times in order to take advantage of the pessimism of investors and thus buy shares at a low price, and not when everything is going well, because the risk of fading tailwinds or an unexpected headwind increases along with good performance and optimism. A brief overview of NL Industries NL Industries is a multinational smelting holding company that operates through a majority stake of 87% in CompX International (CIX) from a total market cap of ~$300 million, and a noncontrolling 30% interest in Kronos Worldwide (KRO) from a total market cap of ~$1.7 billion. On the other hand, Valhi (VHI) owns 83% of NL Industries' shares, and Contran Corporation owns 92% of Valhi. It was founded in 1891 and its market cap currently stands at ~$485 million, so it's a small-cap company with a very long history behind it. NL Industries logo (2021 Annual report) CompX International is a leading manufacturer of security products for a wide range of industries, including recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations, and vending equipment. CompX also manufactures stainless steel exhaust systems, gauges, throttle controls, wake enhancement systems, and trim tabs for the recreational marine industry. On the other hand, Kronos Worldwide is a leading multinational manufacturer of value-added titanium dioxide pigments (TiO2), serving over 4,000 customers in 100 countries for over a century. Most of Kronos' sales take place within Europe, North America, and the Asian Pacific region. TiO2 is a base industrial product used in a wide range of industries. It is the largest commercially used whitening pigment due to its superior characteristics compared to other alternatives and represents a critical material for coatings, plastics, paper, inks, food, and cosmetics, which gives some stability to Kronos' sales. NL data by YCharts Currently, the share price of NL Industries stands at $9.95, which represents a 59.75% decline from the spike of $24.72 on March 29, 2005, a 50% decline from the spike of $19.90 on June 9, 2011, and a 38.01% decline from the most recent spike of $16.05 on November 30, 2017. Looking closely at the price chart, it is clear that the cyclical nature of NL Industries is very strong, so the recent rise in the share price has significantly increased the risk of a downturn shattering current positive expectations. This is why I consider that, although it is very acceptable to hold the shares in order to have an income in the form of dividends, I do not consider that it is a good time to acquire new shares since the current dividend yield does not compensate for the added risk. Net sales are getting a boost The company's consolidated net sales have increased steadily over the years, with a slight drop of 7.81% during 2020. In 2021, net sales increased by 22.94% year over year, or 13.36% compared to 2019, to $140.82 million, so we could say that NL Industries sales are at their best moment. What is more, trailing twelve months' net sales currently stands at $152.4 million, which suggests that 2022 will be a year in which consolidated sales will be surpassed again. NL Industries net sales (10-K filings) The global leisure boat market is expected to grow at a CAGR of ~4.73% by 2030, and CompX International is doing strong efforts to expand its market share in the industry, so investors can expect further sales increases for NL Industries in the long term. On the other hand, the global TiO2 market is expected to grow at a CAGR of ~6% by 2028, with which its stake in Kronos Worldwide is destined to contribute even more cash in the form of dividends as net sales of Kronos are expected to keep growing in the coming years. Currently, the PS ratio stands at 3.187, which means the company generates $0.31 for each dollar held in shares, annually. This ratio has increased considerably in the past two years despite the increase in sales, and this is a consequence of a faster increase in the share price compared to the sales increase. NL PS Ratio data by YCharts This increase in the PS ratio is due to two main reasons: first, investors expect an increase in sales in the short, medium, and long term as CompX International is heavily investing in the marine recreative industry, which is expected to grow at a fast pace during the coming years. Also, Kronos Worldwide's estimated sales of $2.18 billion for 2022 and $2.23 in 2023 are 2.83% and 5.19% higher, respectively, than the current trailing twelve months' sales of $2.12 billion, and this should allow higher dividend income for NL Industries, which increases the optimism of investors looking for a reliable dividend stream. CompX International and Kronos Worldwide are highly profitable Gross profit margins for both Kronos and CompX have improved during the second half of 2021 and the first half of 2022 after the low performance experienced in 2020. CompX currently enjoys a trailing twelve months gross profit margin of 30.27%, although results were even more positive in the second quarter of 2022 as gross profit margins reached 32.70% for the quarter. For Kronos, trailing twelve months' gross profit margins currently stand at 24.07%, although they have been negatively affected in the last quarter as they fell to 21.32%. CIX Gross Profit Margin data by YCharts In this sense, the drop in profit margins of Kronos is being somewhat compensated by the increase in profit margins of CompX International, something very positive considering that the sales of both companies are increasing at a great rate due to price increases as inflationary tensions don't cease. The profitability of both companies has made it possible for NL Industries to generate cash steadily, which becomes evident when looking at its ability to raise cash after covering the dividend. NL Industries' cash on hand is very high and debt is non-existent The company has steadily raised cash on hand year after year thanks to a relatively low cash payout ratio. This is because it usually paid fewer dividends than those received by Kronos Worldwide in order to keep growing the company's cash reserves. CompX International also generates positive free cash flows year after year. NL Industries' ability to continuously raise cash represents the ultimate proof to demonstrate its profitability and is also a huge safety net for investors. NL Total Long Term Debt (Quarterly) data by YCharts Currently, the company holds 151 million in cash on hand, and the special dividend of $0.35 declared in August will cost around 10% of the company's cash reserves despite representing a yield of 3.52% based on the current share price. Furthermore, the company has enough cash reserves to keep paying the fixed dividend for many years even if unexpected headwinds arise considering the annual fixed dividend expense is ~$14.83 million, and has even some room to increase it or keep paying special dividends. CIX Total Long Term Debt (Quarterly) data by YCharts And while CompX International has no debt, it's very important to keep in mind that Kronos' balance sheet has a large debt load, which has been, fortunately, reduced during the last few years in terms of net debt due to increasing cash on hand and decreasing long-term debt. KRO Total Long Term Debt (Quarterly) data by YCharts In this sense, we have a very robust balance sheet from NL Industries and a debt position that has shown great improvement in recent years from Kronos Worldwide, which is very advantageous for the current times marked by added difficulties to remain competitive and profitable due to inflationary pressures and labor shortages. The dividend is safe and the room for further raises is significant After a dividend suspension in 2014, the company decided to reinstate it in 2020 at $0.04 per quarter and raise it by 50% to $0.06 in 2021. In 2022, the management decided to raise it again by 16.7% to $0.07 and announced a special dividend of $0.35 in August of 2022. This is because the management is being more conservative than in the past when it comes to distributing dividends by limiting the growth of the fixed dividend, which is more difficult to cut without disappointing shareholders, and prioritizing special dividends, which carry far fewer commitments than fixed dividends. NL Dividend Yield data by YCharts Despite the recent fixed dividend raise, the dividend still appears very safe. In this sense, during the first half of 2022, NL Industries received $13.38 million in dividends from its stake in Kronos Worldwide, and dividends paid during the same period to shareholders of NL Industries were $6.83 million. Therefore, the company can easily keep paying the quarterly dividend as it only needs 51% of the dividends received from its stake in Kronos Worldwide to do so. In the table below, I have calculated the Kronos Worldwide's cash payout ratio by calculating what percentage of cash from operations is used each year for the dividend payout and the payment of interest expenses. In this way, we can determine whether Kronos Worldwide's dividend payout is sustainable. Year 2013 2014 2015 2016 2017 2018 2019 2020 2021 Cash from operations (in millions) $130.4 $87.7 $52.1 $89.6 $276.1 $188.5 $160.3 $102.5 $206.5 Dividends paid (in millions) $69.5 $69.5 $69.5 $69.5 $69.5 $78.8 $83.4 $83.2 $83.2 Interest expense (in million) $19.6 $17.0 $18.5 $20.5 $19.0 $19.5 $18.7 $19.0 $19.6 Cash payout ratio 68.33% 98.63% 168.91% 100.45% 32.05% 52.15% 63.69% 99.71% 49.78%

Aktionärsrenditen

NLUS Commercial ServicesUS Markt
7D-1.4%-1.0%1.2%
1Y-5.5%-14.8%28.7%

Rendite im Vergleich zur Industrie: NL übertraf die Branche US Commercial Services , die im vergangenen Jahr eine Rendite von -14.8 erzielte.

Rendite vs. Markt: NL hinter dem Markt US zurück, der im vergangenen Jahr eine Rendite von 28.7 erzielte.

Preisvolatilität

Is NL's price volatile compared to industry and market?
NL volatility
NL Average Weekly Movement7.6%
Commercial Services Industry Average Movement7.4%
Market Average Movement7.2%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stabiler Aktienkurs: NL hatte in den letzten 3 Monaten im Vergleich zum US -Markt keine signifikante Preisvolatilität.

Volatilität im Zeitverlauf: NLDie wöchentliche Volatilität (8%) ist im vergangenen Jahr stabil geblieben.

Über das Unternehmen

GegründetMitarbeiterCEOWebsite
18912,812Courtney Rileynl-ind.com

NL Industries, Inc. ist über seine Tochtergesellschaften in Europa, Nordamerika, im asiatisch-pazifischen Raum und international im Bereich der Komponentenindustrie tätig. Das Unternehmen produziert und vertreibt mechanische und elektronische Schrankschlösser und andere Schließmechanismen, darunter Scheibenzuhaltungsschlösser, Stiftzuhaltungsschlösser unter den Marken KeSet, System 64, TuBar und Turbine sowie elektronische Schlösser unter den Marken CompX eLock und StealthLock, die in verschiedenen Anwendungen zum Einsatz kommen, z. B. in Briefkästen, Zündsystemen, Aktenschränken, Schreibtischschubladen, Werkzeugschränken, Hochsicherheitsschränken für die Medizin, integrierten inventarisierten und zugangskontrollgesicherten Betäubungsmittelboxen, elektronischen Schalttafeln, Lagerfächern, Tankstellensicherheitsanlagen, Verkaufsautomaten und Kassenautomaten. Darüber hinaus bietet das Unternehmen Auspuffkrümmer, Auspuffrohre, Schalldämpfer und andere Auspuffkomponenten aus Edelstahl für die Erstausrüstung und den Ersatzteilmarkt, Messgeräte wie GPS-Tachometer und Drehzahlmesser, mechanische und elektronische Steuerungen und Drosselklappen, Nachlaufverbesserungsvorrichtungen, Trimmklappen, Lenkräder und Zubehör aus Billet-Aluminium, Armaturenbretter, LED-Anzeigen, Kabelbäume sowie Haltegriffe, Stiftklampen und anderes Zubehör für Sportboote, Ski- und Wakeboardboote.

NL Industries, Inc.'s Grundlagenzusammenfassung

Wie verhalten sich die Erträge und Einnahmen von NL Industries im Vergleich zum Marktanteil des Unternehmens?
NL grundlegende Statistiken
MarktanteilUS$344.48m
Gewinn(TTM)-US$34.15m
Umsatz(TTM)US$158.58m
2.2x
Kurs-Umsatz-Verhältnis
-10.1x
Kurs-Gewinn-Verhältnis

Ist NL zu teuer?

Siehe Fair Value und Bewertungsanalyse

Erträge & Einnahmen

Wichtige Rentabilitätsstatistiken aus dem letzten Ergebnisbericht (TTM)
NL Gewinn- und Verlustrechnung (TTM)
EinnahmenUS$158.58m
Kosten der EinnahmenUS$109.31m
BruttogewinnUS$49.27m
Sonstige AusgabenUS$83.42m
Gewinn-US$34.15m

Zuletzt gemeldete Gewinne

Mar 31, 2026

Datum des nächsten Gewinnberichts

k.A.

Gewinn per Aktie (EPS)-0.70
Bruttomarge31.07%
Nettogewinnspanne-21.53%
Schulden/Eigenkapital-Verhältnis0.1%

Wie hat sich NL auf lange Sicht entwickelt?

Historische Performance und Vergleiche

Dividenden

5.7%
Aktuelle Dividendenrendite
-53%
Ausschüttungsquote

Zahlt NL eine zuverlässige Dividende?

Siehe NL Dividendenhistorie und Benchmarks
Bis wann müssen Sie NL kaufen, um eine kommende Dividende zu erhalten?
NL Industries Dividendentermine
Ex-Dividenden DatumJun 04 2026
Datum der DividendenzahlungJun 23 2026
Tage bis Ex-Dividende9 days
Tage bis zum Datum der Dividendenzahlung28 days

Zahlt NL eine zuverlässige Dividende?

Siehe NL Dividendenhistorie und Benchmarks

Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/05/26 07:16
Aktienkurs zum Tagesende2026/05/22 00:00
Gewinne2026/03/31
Jährliche Einnahmen2025/12/31

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Einzelheiten zu dem Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite. Außerdem bieten wir Leitfäden zur Verwendung unserer Berichte und Tutorials auf YouTube an.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

Metriken für Industrie und Sektor

Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

NL Industries, Inc. wird von 3 Analysten beobachtet. 0 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
Sergey VasnetsovBarclays
Patrick Duffy FischerBarclays
Michael LeitheadBarclays