Quanex Building Products
Market Cap
US$685.2m
Last Updated
2020/11/24 00:55 UTC
Data Sources
Company Financials +
Executive Summary
Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential second-rate dividend payer.
Similar Companies
Share Price & News
How has Quanex Building Products's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NX's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
2.2%
NX
-1.0%
US Building
-0.5%
US Market
1 Year Return
10.7%
NX
14.9%
US Building
18.3%
US Market
Return vs Industry: NX underperformed the US Building industry which returned 15.7% over the past year.
Return vs Market: NX underperformed the US Market which returned 19.1% over the past year.
Shareholder returns
| NX | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | -1.0% | -0.5% |
| 30 Day | 5.1% | 5.2% | 3.6% |
| 90 Day | 26.3% | 10.5% | 5.6% |
| 1 Year | 13.1%10.7% | 22.6%14.9% | 21.0%18.3% |
| 3 Year | 5.3%0.05% | 44.4%32.7% | 45.2%35.6% |
| 5 Year | 20.8%12.9% | 88.7%61.5% | 89.8%68.8% |
Long-Term Price Volatility Vs. Market
How volatile is Quanex Building Products's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Calculating The Fair Value Of Quanex Building Products Corporation (NYSE:NX)1 month ago | Simply Wall St
Is It Time To Consider Buying Quanex Building Products Corporation (NYSE:NX)?1 month ago | Simply Wall St
Is Quanex Building Products Corporation (NYSE:NX) An Attractive Dividend Stock?Valuation
Is Quanex Building Products undervalued compared to its fair value and its price relative to the market?
2.02x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: NX ($20.22) is trading above our estimate of fair value ($17.82)
Significantly Below Fair Value: NX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NX is unprofitable, so we can't compare its PE Ratio to the US Building industry average.
PE vs Market: NX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NX is good value based on its PB Ratio (1.9x) compared to the US Building industry average (2.7x).
Next Steps
Future Growth
How is Quanex Building Products forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
53.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: NX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NX's is expected to become profitable in the next 3 years.
Revenue vs Market: NX's revenue (4.9% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: NX's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NX's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Quanex Building Products performed over the past 5 years?
-38.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NX is currently unprofitable.
Growing Profit Margin: NX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NX is unprofitable, and losses have increased over the past 5 years at a rate of 38.7% per year.
Accelerating Growth: Unable to compare NX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NX is unprofitable, making it difficult to compare its past year earnings growth to the Building industry (11.8%).
Return on Equity
High ROE: NX has a negative Return on Equity (-4.3%), as it is currently unprofitable.
Next Steps
Financial Health
How is Quanex Building Products's financial position?
Financial Position Analysis
Short Term Liabilities: NX's short term assets ($197.4M) exceed its short term liabilities ($106.9M).
Long Term Liabilities: NX's short term assets ($197.4M) do not cover its long term liabilities ($239.9M).
Debt to Equity History and Analysis
Debt Level: NX's debt to equity ratio (40.3%) is considered high.
Reducing Debt: NX's debt to equity ratio has increased from 21.7% to 40.3% over the past 5 years.
Debt Coverage: NX's debt is well covered by operating cash flow (83%).
Interest Coverage: NX is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Quanex Building Products's current dividend yield, its reliability and sustainability?
1.52%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NX's dividend (1.58%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: NX's dividend (1.58%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Stability and Growth of Payments
Stable Dividend: NX's dividends per share have been stable in the past 10 years.
Growing Dividend: NX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: NX is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
George Wilson (51 yo)
0.83
Tenure
US$1,413,253
Compensation
Mr. George L. Wilson has been the President, Chief Executive Officer and Director at Quanex Building Products Corporation since January 1, 2020 and had been its Chief Operating Officer and Vice President s...
CEO Compensation Analysis
Compensation vs Market: George's total compensation ($USD1.41M) is below average for companies of similar size in the US market ($USD2.60M).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 7.33yrs | US$2.93m | 0.70% $ 4.8m | |
| President | 0.83yr | US$1.41m | 0.23% $ 1.6m | |
| Senior VP | 1.42yrs | US$501.28k | 0.056% $ 385.6k | |
| VP, Chief Accounting Officer & Controller | 1yr | no data | 0.021% $ 147.0k | |
| Director of Technical Services | 6.58yrs | no data | no data | |
| Senior VP | 1yr | no data | 0.050% $ 344.0k | |
| Managing Director of UK & Asia Pacific- Edgetech UK | 4.83yrs | no data | no data | |
| President of North American Fenestration | 4.33yrs | no data | no data | |
| President of North American Cabinet Components | 0.25yr | no data | no data | |
| Chief Executive Officer of Liniar HL Plastics | 2.83yrs | no data | no data | |
| Director of Operations | 6.58yrs | no data | no data |
1.4yrs
Average Tenure
54yo
Average Age
Experienced Management: NX's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 7.33yrs | US$2.93m | 0.70% $ 4.8m | |
| President | 0.83yr | US$1.41m | 0.23% $ 1.6m | |
| Independent Director | 9yrs | US$165.30k | 0% $ 0 | |
| Independent Director | 10.08yrs | US$169.51k | 0% $ 0 | |
| Independent Lead Director | no data | US$178.69k | 0.14% $ 964.6k | |
| Independent Director | 13.83yrs | US$168.01k | 0.077% $ 529.0k | |
| Independent Director | 1.08yrs | US$6.71k | 0% $ 0 | |
| Independent Director | 1.67yrs | US$101.27k | 0% $ 0 | |
| Director | 0.083yr | no data | no data |
4.5yrs
Average Tenure
66yo
Average Age
Experienced Board: NX's board of directors are considered experienced (4.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Quanex Building Products Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Quanex Building Products Corporation
- Ticker: NX
- Exchange: NYSE
- Founded: 1927
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: US$685.208m
- Shares outstanding: 32.61m
- Website: https://www.quanex.com
Number of Employees
Location
- Quanex Building Products Corporation
- 1800 West Loop South
- Suite 1500
- Houston
- Texas
- 77027
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NX | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Apr 2008 |
| 4Q2 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 2008 |
Biography
Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry worldwide. It operates through three segments: North American Fenestration, European ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/24 00:55 |
| End of Day Share Price | 2020/11/23 00:00 |
| Earnings | 2020/07/31 |
| Annual Earnings | 2019/10/31 |
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.