NYSE:NX

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Quanex Building Products

Executive Summary

Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry worldwide. More Details


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

3.9%

NX

0.5%

US Building

2.8%

US Market


1 Year Return

8.0%

NX

15.7%

US Building

20.9%

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 20.7% over the past year.


Shareholder returns

NXIndustryMarket
7 Day3.9%0.5%2.8%
30 Day15.3%9.6%11.1%
90 Day24.7%10.7%6.5%
1 Year10.3%8.0%23.5%15.7%23.6%20.9%
3 Year0.8%-4.3%42.0%30.5%47.3%37.6%
5 Year18.6%10.8%94.4%66.6%94.3%72.9%

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

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 ($21.01) is trading above our estimate of fair value ($17.87)

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 (2x) compared to the US Building industry average (2.8x).


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 (1.52%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: NX's dividend (1.52%) is low compared to the top 25% of dividend payers in the US market (4.08%).


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 ($USD1.41M) is below average for companies of similar size in the US market ($USD2.56M).

Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
William Griffiths
Executive Chairman of the Board7.33yrsUS$2.93m0.70%
$ 4.8m
George Wilson
President0.83yrUS$1.41m0.23%
$ 1.6m
Scott Zuehlke
Senior VP1.42yrsUS$501.28k0.056%
$ 385.6k
Mark Livingston
VP, Chief Accounting Officer & Controller1yrno data0.021%
$ 147.0k
Vince Warne
Director of Technical Services6.58yrsno datano data
Paul Cornett
Senior VP1yrno data0.050%
$ 344.0k
Chris Alderson
Managing Director of UK & Asia Pacific- Edgetech UK4.83yrsno datano data
Bob Daniels
President of North American Fenestration4.33yrsno datano data
John Sleva
President of North American Cabinet Components0.25yrno datano data
Martin Thurley
Chief Executive Officer of Liniar HL Plastics2.83yrsno datano data
Larry Patterson
Director of Operations6.58yrsno datano 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

NamePositionTenureCompensationOwnership
William Griffiths
Executive Chairman of the Board7.33yrsUS$2.93m0.70%
$ 4.8m
George Wilson
President0.83yrUS$1.41m0.23%
$ 1.6m
Robert Buck
Independent Director9yrsUS$165.30k0%
$ 0
Curtis Stevens
Independent Director10.08yrsUS$169.51k0%
$ 0
Joseph Rupp
Independent Lead Directorno dataUS$178.69k0.14%
$ 964.6k
Susan Davis
Independent Director13.83yrsUS$168.01k0.077%
$ 529.0k
Meredith Mendes
Independent Director1.08yrsUS$6.71k0%
$ 0
Donald Maier
Independent Director1.67yrsUS$101.27k0%
$ 0
William Waltz
Director0.083yrno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NXNYSE (New York Stock Exchange)YesCommon StockUSUSDApr 2008
4Q2DB (Deutsche Boerse AG)YesCommon StockDEEURApr 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 00:29
End of Day Share Price2020/11/27 00:00
Earnings2020/07/31
Annual Earnings2019/10/31


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.