TSX:VNP

Stock Analysis Report

Executive Summary

5N Plus Inc. produces and sells specialty chemicals and engineered materials in Europe, Asia, the Americas, and internationally.

Snowflake

Fundamentals

Reasonable growth potential with adequate balance sheet.


Similar Companies

Share Price & News

How has 5N Plus's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.9%

VNP

1.6%

CA Chemicals

1.2%

CA Market


1 Year Return

-29.4%

VNP

-14.9%

CA Chemicals

-0.4%

CA Market

VNP underperformed the Chemicals industry which returned -14.9% over the past year.

VNP underperformed the Market in Canada which returned -0.4% over the past year.


Share holder returns

VNPIndustryMarket
7 Day-0.9%1.6%1.2%
30 Day2.6%5.0%3.3%
90 Day-14.0%-6.2%0.8%
1 Year-29.4%-29.4%-12.2%-14.9%3.1%-0.4%
3 Year34.7%34.7%11.5%5.3%18.0%7.4%
5 Year-24.4%-24.4%-33.3%-40.1%22.0%4.5%

Price Volatility Vs. Market

How volatile is 5N Plus's share price compared to the market and industry in the last 5 years?


Simply Wall St News

1 month ago | Simply Wall St

5N Plus (TSE:VNP) Has A Somewhat Strained Balance Sheet

Valuation

Is 5N Plus undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

5N Plus's share price is below the future cash flow value, and at a moderate discount (> 20%).

5N Plus's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

5N Plus is overvalued based on earnings compared to the CA Chemicals industry average.

5N Plus is overvalued based on earnings compared to the Canada market.


Price Based on Expected Growth

5N Plus is good value based on expected growth next year.


Price Based on Value of Assets

5N Plus is overvalued based on assets compared to the CA Chemicals industry average.


Next Steps

Future Growth

How is 5N Plus expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

52.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

5N Plus's revenue is expected to grow by 6.5% yearly, however this is not considered high growth (20% yearly).

5N Plus's earnings are expected to grow significantly at over 20% yearly.

5N Plus's revenue growth is expected to exceed the Canada market average.

5N Plus's earnings growth is expected to exceed the Canada market average.

5N Plus's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if 5N Plus will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has 5N Plus performed over the past 5 years?

30.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

5N Plus has delivered over 20% year on year earnings growth in the past 5 years.

5N Plus's 1-year earnings growth is negative, it can't be compared to the 5-year average.

5N Plus's 1-year earnings growth is negative, it can't be compared to the CA Chemicals industry average.


Return on Equity

5N Plus has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

5N Plus used its assets more efficiently than the CA Chemicals industry average last year based on Return on Assets.


Return on Capital Employed

5N Plus has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is 5N Plus's financial position?


Financial Position Analysis

5N Plus is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

5N Plus's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

5N Plus's level of debt (47.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (48.1% vs 47.4% today).

Operating cash flow is negative therefore debt is not well covered.

Interest payments on debt are well covered by earnings (EBIT is 3.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.7x debt.


Next Steps

Dividend

What is 5N Plus's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate 5N Plus's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate 5N Plus's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as 5N Plus has not reported any payouts.

Unable to verify if 5N Plus's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as 5N Plus has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of 5N Plus's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average management tenure


CEO

AJ Roshan (48yo)

3.6yrs

Tenure

US$1,536,242

Compensation

Mr. Arjang J. Roshan, also known as AJ, has been Chief Executive Officer and President at 5N Plus Inc. since February 15, 2016. He has 25 years of international and executive experience in managing and gro ...


CEO Compensation Analysis

AJ's remuneration is higher than average for companies of similar size in Canada.

AJ's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.1yrs

Average Tenure

The tenure for the 5N Plus management team is about average.


Board Age and Tenure

5.3yrs

Average Tenure

59yo

Average Age

The tenure for the 5N Plus board of directors is about average.


Insider Trading

More shares have been bought than sold by 5N Plus individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$96,00030 Aug 19
Arjang Roshan
EntityIndividual
Role
Chief Executive Officer
President
Shares40,000
Max PriceUS$2.40
BuyUS$56,80823 Aug 19
Arjang Roshan
EntityIndividual
Role
Chief Executive Officer
President
Shares25,200
Max PriceUS$2.28
BuyUS$117,50019 Aug 19
Paul Tancell
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Eco-Friendly Materials
Shares50,000
Max PriceUS$2.35
BuyUS$22,32316 Aug 19
Arjang Roshan
EntityIndividual
Role
Chief Executive Officer
President
Shares10,000
Max PriceUS$2.24
BuyUS$56,11113 Aug 19
Arjang Roshan
EntityIndividual
Role
Chief Executive Officer
President
Shares25,000
Max PriceUS$2.32
BuyUS$25,79910 Jun 19
Arjang Roshan
EntityIndividual
Role
Chief Executive Officer
President
Shares10,000
Max PriceUS$2.58
BuyUS$143,82409 May 19
Luc Bertrand
EntityIndividual
Role
Chairman of the Board
Chairman
Shares50,000
Max PriceUS$2.89

Ownership Breakdown


Management Team

  • Jean Mayer

    VP of Legal Affairs & Corporate Secretary

    • Tenure: 7.1yrs
  • Nicholas Audet

    Executive Vice President of Electronic Materials

    • Tenure: 2.6yrs
    • Compensation: US$562.74k
  • AJ Roshan (48yo)

    President

    • Tenure: 3.6yrs
    • Compensation: US$1.54m
  • Richard Perron

    Chief Financial Officer

    • Tenure: 5.5yrs
    • Compensation: US$611.41k
  • Paul Tancell

    Executive Vice President of Eco-Friendly Materials

    • Tenure: 2.6yrs
    • Compensation: US$546.83k
  • Evelyne Bundock

    Vice President of Human Resources

    • Tenure: 2.3yrs

Board Members

  • Don Osborne (59yo)

    Independent Director

    • Tenure: 1.3yrs
    • Compensation: US$100.00k
  • Jennie Hwang (71yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$113.00k
  • Nathalie Le Prohon (57yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$118.00k
  • Jean-Marie Bourassa (68yo)

    Independent Director

    • Tenure: 11.8yrs
    • Compensation: US$125.00k
  • Luc Bertrand (64yo)

    Chairman

    • Tenure: 3.7yrs
    • Compensation: US$150.00k
  • Jim Fahey (55yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$113.00k
  • AJ Roshan (48yo)

    President

    • Tenure: 3.6yrs
    • Compensation: US$1.54m

Company Information

5N Plus Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: 5N Plus Inc.
  • Ticker: VNP
  • Exchange: TSX
  • Founded:
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: CA$194.189m
  • Shares outstanding: 83.34m
  • Website: https://www.5nplus.com

Number of Employees


Location

  • 5N Plus Inc.
  • 4385 Garand Street
  • Montreal
  • Quebec
  • H4R 2B4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VNPTSX (The Toronto Stock Exchange)YesCommon SharesCACADDec 2007
EMBBST (Boerse-Stuttgart)YesCommon SharesDEEURDec 2007
FPLS.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2007

Biography

5N Plus Inc. produces and sells specialty chemicals and engineered materials in Europe, Asia, the Americas, and internationally. It operates in two segments, Electronic Materials and Eco-Friendly Materials ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 00:40
End of Day Share Price2019/09/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.