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Quanex Building Products

NYSE:NX
Snowflake Description

Moderate growth potential second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NX
NYSE
$602M
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry worldwide. The last earnings update was 41 days ago. More info.


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NX Share Price and Events
7 Day Returns
0.2%
NYSE:NX
-0.3%
US Building
0.8%
US Market
1 Year Returns
2.7%
NYSE:NX
3.9%
US Building
4.8%
US Market
NX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Quanex Building Products (NX) 0.2% 1.9% 10% 2.7% -10.4% 2.7%
US Building -0.3% 3.7% 6.5% 3.9% 10.7% 24.7%
US Market 0.8% 4.3% 2.8% 4.8% 37.9% 43.5%
1 Year Return vs Industry and Market
  • NX underperformed the Building industry which returned 3.9% over the past year.
  • NX underperformed the Market in United States of America which returned 4.8% over the past year.
Price Volatility
NX
Industry
5yr Volatility vs Market

NX Value

 Is Quanex Building Products undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Quanex Building Products to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Quanex Building Products.

NYSE:NX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:NX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Building Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.138 (1 + (1- 21%) (37.49%))
1.318
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.32
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.318 * 5.96%)
10.59%

Discounted Cash Flow Calculation for NYSE:NX using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Quanex Building Products is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:NX DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.59%)
2020 61.22 Analyst x2 55.36
2021 63.95 Est @ 4.46% 52.29
2022 66.47 Est @ 3.94% 49.15
2023 68.85 Est @ 3.58% 46.04
2024 71.14 Est @ 3.32% 43.01
2025 73.38 Est @ 3.15% 40.12
2026 75.59 Est @ 3.02% 37.38
2027 77.81 Est @ 2.93% 34.79
2028 80.05 Est @ 2.87% 32.36
2029 82.31 Est @ 2.83% 30.09
Present value of next 10 years cash flows $420.60
NYSE:NX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $82.31 × (1 + 2.73%) ÷ (10.59% – 2.73%)
$1,076.47
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,076.47 ÷ (1 + 10.59%)10
$393.58
NYSE:NX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $420.60 + $393.58
$814.18
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $814.18 / 32.86
$24.78
NYSE:NX Discount to Share Price
Calculation Result
Value per share (USD) From above. $24.78
Current discount Discount to share price of $18.33
= -1 x ($18.33 - $24.78) / $24.78
26%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Quanex Building Products is available for.
Intrinsic value
26%
Share price is $18.33 vs Future cash flow value of $24.78
Current Discount Checks
For Quanex Building Products to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Quanex Building Products's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Quanex Building Products's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Quanex Building Products's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Quanex Building Products's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:NX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in USD $-0.31
NYSE:NX Share Price ** NYSE (2019-07-15) in USD $18.33
United States of America Building Industry PE Ratio Median Figure of 31 Publicly-Listed Building Companies 18.23x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 18.01x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Quanex Building Products.

NYSE:NX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:NX Share Price ÷ EPS (both in USD)

= 18.33 ÷ -0.31

-59.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quanex Building Products is loss making, we can't compare its value to the US Building industry average.
  • Quanex Building Products is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Quanex Building Products's expected growth come at a high price?
Raw Data
NYSE:NX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -59.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
205.7%per year
United States of America Building Industry PEG Ratio Median Figure of 26 Publicly-Listed Building Companies 1.36x
United States of America Market PEG Ratio Median Figure of 2,124 Publicly-Listed Companies 1.59x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Quanex Building Products, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Quanex Building Products's assets?
Raw Data
NYSE:NX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in USD $10.98
NYSE:NX Share Price * NYSE (2019-07-15) in USD $18.33
United States of America Building Industry PB Ratio Median Figure of 37 Publicly-Listed Building Companies 2.24x
United States of America Market PB Ratio Median Figure of 5,240 Publicly-Listed Companies 1.81x
NYSE:NX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:NX Share Price ÷ Book Value per Share (both in USD)

= 18.33 ÷ 10.98

1.67x

* Primary Listing of Quanex Building Products.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quanex Building Products is good value based on assets compared to the US Building industry average.
X
Value checks
We assess Quanex Building Products's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Building industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Building industry average (and greater than 0)? (1 check)
  5. Quanex Building Products has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NX Future Performance

 How is Quanex Building Products expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
205.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Quanex Building Products expected to grow at an attractive rate?
  • Quanex Building Products's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Quanex Building Products's earnings growth is expected to exceed the United States of America market average.
  • Quanex Building Products's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:NX Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:NX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 205.7%
NYSE:NX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 3.4%
United States of America Building Industry Earnings Growth Rate Market Cap Weighted Average 12.2%
United States of America Building Industry Revenue Growth Rate Market Cap Weighted Average 4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:NX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:NX Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-10-31 944 90 32 4
2019-10-31 912 82 -3 4
NYSE:NX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-04-30 899 83 -10
2019-01-31 895 76 18
2018-10-31 890 105 26
2018-07-31 878 82 31
2018-04-30 868 85 30
2018-01-31 863 85 27
2017-10-31 867 80 19
2017-07-31 884 84 13
2017-04-30 901 79 -1
2017-01-31 922 89 2
2016-10-31 928 87 -2
2016-07-31 874 89 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Quanex Building Products's earnings are expected to grow significantly at over 20% yearly.
  • Quanex Building Products's revenue is expected to grow by 3.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:NX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Quanex Building Products Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:NX Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-10-31 0.97 1.03 0.87 3.00
2019-10-31 -0.10 -0.06 -0.15 3.00
NYSE:NX Past Financials Data
Date (Data in USD Millions) EPS *
2019-04-30 -0.31
2019-01-31 0.52
2018-10-31 0.76
2018-07-31 0.88
2018-04-30 0.87
2018-01-31 0.80
2017-10-31 0.55
2017-07-31 0.39
2017-04-30 -0.02
2017-01-31 0.05
2016-10-31 -0.05
2016-07-31 0.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Quanex Building Products will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Quanex Building Products's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Quanex Building Products has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NX Past Performance

  How has Quanex Building Products performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Quanex Building Products's growth in the last year to its industry (Building).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Quanex Building Products does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Quanex Building Products's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Quanex Building Products's 1-year growth to the US Building industry average as it is not currently profitable.
Earnings and Revenue History
Quanex Building Products's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Quanex Building Products Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:NX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 898.92 -10.38 106.39
2019-01-31 894.93 17.73 106.12
2018-10-31 889.79 26.33 103.54
2018-07-31 877.85 30.57 96.83
2018-04-30 868.20 30.03 95.11
2018-01-31 863.13 27.36 98.53
2017-10-31 866.56 18.68 101.98
2017-07-31 883.58 13.38 98.12
2017-04-30 901.49 -0.81 104.19
2017-01-31 921.81 1.66 110.97
2016-10-31 928.18 -1.86 109.71
2016-07-31 874.47 2.65 110.81
2016-04-30 806.59 13.10 107.28
2016-01-31 719.10 11.46 93.23
2015-10-31 645.53 15.61 86.54
2015-07-31 613.89 8.68 84.82
2015-04-30 603.66 10.78 77.89
2015-01-31 596.90 6.46 78.64
2014-10-31 595.38 8.34 82.15
2014-07-31 598.41 -0.15 83.94
2014-04-30 585.20 -3.59 88.84
2014-01-31 575.13 -8.43 96.65
2013-10-31 554.87 -12.38 97.97
2013-07-31 623.07 -5.94 105.67
2013-04-30 704.21 -9.53 107.03
2013-01-31 773.52 -14.96 104.76
2012-10-31 478.58 -6.56 92.88
2012-07-31 826.89 -11.32 96.40

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Quanex Building Products has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Quanex Building Products used its assets less efficiently than the US Building industry average last year based on Return on Assets.
  • It is difficult to establish if Quanex Building Products improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Quanex Building Products's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Building industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Quanex Building Products has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NX Health

 How is Quanex Building Products's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Quanex Building Products's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Quanex Building Products is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Quanex Building Products's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Quanex Building Products's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Quanex Building Products Company Filings, last reported 2 months ago.

NYSE:NX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 360.89 208.66 20.26
2019-01-31 389.80 213.59 17.46
2018-10-31 394.15 195.04 29.00
2018-07-31 423.76 191.83 12.40
2018-04-30 420.33 208.44 10.10
2018-01-31 422.96 216.55 13.76
2017-10-31 406.85 239.43 17.46
2017-07-31 392.67 245.30 15.79
2017-04-30 373.43 267.25 14.51
2017-01-31 368.28 269.11 14.07
2016-10-31 367.83 269.53 25.53
2016-07-31 373.07 297.62 32.18
2016-04-30 390.01 303.88 29.00
2016-01-31 380.79 315.08 27.75
2015-10-31 395.30 56.13 23.13
2015-07-31 387.04 84.64 27.01
2015-04-30 380.25 0.63 60.03
2015-01-31 381.31 0.76 63.92
2014-10-31 420.92 0.79 120.38
2014-07-31 444.36 0.82 134.23
2014-04-30 436.01 0.77 126.98
2014-01-31 412.26 0.91 25.81
2013-10-31 416.19 0.86 49.73
2013-07-31 413.27 1.13 16.07
2013-04-30 407.07 11.35 9.63
2013-01-31 415.10 1.47 4.56
2012-10-31 421.83 1.40 71.26
2012-07-31 418.74 1.33 62.29
  • Quanex Building Products's level of debt (62.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.2% vs 62.6% today).
  • Debt is well covered by operating cash flow (36.8%, greater than 20% of total debt).
  • Quanex Building Products is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Quanex Building Products's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Quanex Building Products has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NX Dividends

 What is Quanex Building Products's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.75%
Current annual income from Quanex Building Products dividends. Estimated to be 1.75% next year.
If you bought $2,000 of Quanex Building Products shares you are expected to receive $35 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Quanex Building Products's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.41%).
  • Quanex Building Products's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:NX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Building Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 1.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2018 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:NX Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-10-31 0.32 1.00
2019-10-31 0.32 1.00
NYSE:NX Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-06-05 0.320 1.790
2019-06-04 0.320 1.915
2019-03-06 0.320 1.978
2019-03-05 0.320 1.921
2018-12-06 0.320 2.113
2018-09-07 0.320 1.944
2018-09-06 0.320 1.801
2018-06-05 0.160 0.908
2018-06-04 0.160 0.899
2018-03-05 0.160 0.912
2017-12-04 0.160 0.772
2017-09-06 0.160 0.739
2017-05-31 0.160 0.775
2017-05-30 0.160 0.801
2017-03-06 0.160 0.807
2016-12-05 0.160 0.794
2016-09-07 0.160 0.916
2016-09-06 0.160 0.842
2016-06-01 0.160 0.811
2016-05-31 0.160 0.806
2016-03-08 0.160 0.888
2016-03-07 0.160 0.907
2015-12-04 0.160 0.874
2015-09-04 0.160 0.838
2015-06-03 0.160 0.812
2015-03-03 0.160 0.833
2014-12-04 0.160 0.841
2014-09-05 0.160 0.845
2014-06-02 0.160 0.899
2014-02-28 0.160 0.824
2013-12-06 0.160 0.835
2013-09-04 0.160 0.880
2013-06-07 0.160 0.936
2013-03-01 0.160 0.929
2012-12-06 0.160 0.777
2012-08-30 0.160 0.823
2012-05-31 0.160 0.910
2012-02-23 0.160 0.927
2011-12-12 0.160 0.986
2011-08-30 0.160 1.229
2011-08-25 0.160 1.311
2011-05-31 0.160 1.075
2011-02-24 0.160 0.814
2010-12-02 0.160 0.837
2010-08-26 0.160 0.915
2010-05-27 0.160 0.897
2010-02-25 0.120 0.684
2009-12-03 0.120 0.727
2009-09-03 0.120 0.789
2009-05-28 0.120 1.003
2009-02-26 0.120 1.424
2008-12-04 0.120 1.394
2008-08-28 0.120 1.056

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Quanex Building Products's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Quanex Building Products's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Quanex Building Products afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Quanex Building Products has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NX Management

 What is the CEO of Quanex Building Products's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bill Griffiths
COMPENSATION $3,955,016
AGE 67
TENURE AS CEO 6 years
CEO Bio

Mr. William C. Griffiths, also known as Bill, has been the Chairman of the Board, Chief Executive Officer and President at Quanex Building Products Corporation since July 09, 2013. Mr. Griffiths served as a Consultant at Champion Enterprises Holdings, LLC and served as its Chief Executive Officer and President until June 2010. Mr. Griffiths also served as the President and Chief Executive Officer of Champion Enterprises Inc. from August 1, 2004 to March 19, 2010. Mr. Griffiths served as President of CSMI Inc. and President and Chief Executive Officer of Cygnus Industries Inc. He served as President of Fluid Systems businesses of SPX Corp. from May 2001 to July 31, 2004. From September 1998 to May 2001, he served as President of the Fluid Systems Division of United Dominion Industries Ltd. He joined United Dominion Industries Ltd. in July 1994 as President of Waukesha Cherry-Burrell from 1994 to 1998 and also served as its Senior Vice President. He served as President of United Dominion's Waukesha Cherry-Burrell unit in Delavan, Wisconsin. From 1975 to 1994, Mr. Griffiths served in a variety of mostly senior executive positions at Admac Inc., the Jarvis Clark Company, Tamrock Inc., Ingersoll-Rand and Anglo American Corp. He has thirty years of business experience in line management roles, including international experience. He served as the Chairman of Champion Enterprises Inc. from March 2006 to March 19, 2010 and its Director from August 1, 2004 to March 19, 2010. He has been a Director of Quanex Building Products Corporation since February 2009. He served as Director of Wolverine Tube Inc. from October 19, 2005 to March 24, 2008. He holds a BS with Honors in Mining Engineering from the University of London.

CEO Compensation
  • Bill's compensation has increased whilst company is loss making.
  • Bill's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Quanex Building Products management team in years:

3.5
Average Tenure
53.5
Average Age
  • The tenure for the Quanex Building Products management team is about average.
Management Team

Bill Griffiths

TITLE
Chairman of the Board
COMPENSATION
$4M
AGE
67
TENURE
6 yrs

Scott Zuehlke

TITLE
VP of Investor Relations
COMPENSATION
$657K
AGE
43
TENURE
0.1 yrs

George Wilson

TITLE
VP & COO
COMPENSATION
$2M
AGE
50
TENURE
1.9 yrs

Kevin Delaney

TITLE
Senior VP
COMPENSATION
$2M
AGE
57
TENURE
11.6 yrs

Vince Warne

TITLE
Director of Technical Services
TENURE
5.3 yrs

Brian Cummings

TITLE
President of North American Cabinet Components
TENURE
3.4 yrs

Chris Alderson

TITLE
Managing Director of UK & Asia Pacific- Edgetech UK
TENURE
3.5 yrs

Bob Daniels

TITLE
President of North American Fenestration
TENURE
3 yrs

Martin Thurley

TITLE
Chief Executive Officer of HL Plastics
TENURE
1.5 yrs

Larry Patterson

TITLE
Director of Operations
TENURE
5.3 yrs
Board of Directors Tenure

Average tenure and age of the Quanex Building Products board of directors in years:

7.7
Average Tenure
66.5
Average Age
  • The tenure for the Quanex Building Products board of directors is about average.
Board of Directors

Bill Griffiths

TITLE
Chairman of the Board
COMPENSATION
$4M
AGE
67
TENURE
6 yrs

Susan Davis

TITLE
Director
COMPENSATION
$160K
AGE
65
TENURE
12.5 yrs

Joe Rupp

TITLE
Lead Director
COMPENSATION
$174K
AGE
69

Curtis Stevens

TITLE
Director
COMPENSATION
$163K
AGE
66
TENURE
8.8 yrs

Bob Buck

TITLE
Director
COMPENSATION
$158K
AGE
71
TENURE
7.7 yrs

Don Maier

TITLE
Director
AGE
55
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
27. Dec 18 Buy Joseph Rupp Individual 26. Dec 18 27. Dec 18 30,000 $13.06 $389,616
X
Management checks
We assess Quanex Building Products's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Quanex Building Products has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NX News

Simply Wall St News

Is Quanex Building Products Corporation (NYSE:NX) Trading At A 26% Discount?

Today, we will estimate the stock's intrinsic value by taking the foreast future cash flows of the company and discounting them back to today's value. … A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we discount the value of these future cash flows to their estimated value in today's dollars: 10-year free cash flow (FCF) estimate 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Levered FCF ($, Millions) $61.2m $63.9m $66.5m $68.8m $71.1m $73.4m $75.6m $77.8m $80.0m $82.3m Growth Rate Estimate Source Analyst x2 Est @ 4.46% Est @ 3.94% Est @ 3.58% Est @ 3.32% Est @ 3.15% Est @ 3.02% Est @ 2.93% Est @ 2.87% Est @ 2.83% Present Value ($, Millions) Discounted @ 10.47% $55.4 $52.4 $49.3 $46.2 $43.2 $40.4 $37.7 $35.1 $32.7 $30.4 ("Est" = FCF growth rate estimated by Simply Wall St) Present Value of 10-year Cash Flow (PVCF)= $422.8m After calculating the present value of future cash flows in the intial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. … NYSE:NX Intrinsic value, July 5th 2019 The assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows.

Simply Wall St -

Income Investors Should Know That Quanex Building Products Corporation (NYSE:NX) Goes Ex-Dividend Soon

Readers hoping to buy Quanex Building Products Corporation (NYSE:NX) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. … View our latest analysis for Quanex Building Products Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. … If Quanex Building Products didn't generate enough cash to pay the dividend, then it must have either paid from cash in the bank or by borrowing money, neither of which is sustainable in the long term.

Simply Wall St -

Is Quanex Building Products Corporation's (NYSE:NX) CEO Salary Justified?

According to our data, Quanex Building Products Corporation has a market capitalization of US$537m, and pays its CEO total annual compensation worth US$4.0m. … Thus we can conclude that Bill Griffiths receives more in total compensation than the median of a group of companies in the same market, and of similar size to Quanex Building Products Corporation. … We compared total CEO remuneration at Quanex Building Products Corporation with the amount paid at companies with a similar market capitalization.

Simply Wall St -

At US$16.52, Is Quanex Building Products Corporation (NYSE:NX) Worth Looking At Closely?

Quanex Building Products Corporation (NYSE:NX), which is in the building business, and is based in United States, saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. … Let’s examine Quanex Building Products’s valuation and outlook in more detail to determine if there’s still a bargain opportunity. … What’s more interesting is that, Quanex Building Products’s share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future.

Simply Wall St -

What To Know Before Buying Quanex Building Products Corporation (NYSE:NX) For Its Dividend

Dividend paying stocks like Quanex Building Products Corporation (NYSE:NX) tend to be popular with investors, and for good reason - some research shows that a significant amount of all stock market returns come from reinvested dividends. … A 1.9% yield is nothing to get excited about, but investors probably think the long payment history suggests Quanex Building Products has some staying power. … Explore this interactive chart for our latest analysis on Quanex Building Products!

Simply Wall St -

Does Market Volatility Impact Quanex Building Products Corporation's (NYSE:NX) Share Price?

If you're interested in Quanex Building Products Corporation (NYSE:NX), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

Is Quanex Building Products Corporation's (NYSE:NX) Balance Sheet Strong Enough To Weather A Storm?

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Understanding the company's financial health becomes. … Let's work through some financial health checks you may wish to consider if you're interested in this stock.

Simply Wall St -

Did Changing Sentiment Drive Quanex Building Products's (NYSE:NX) Share Price Down By 20%?

Quanex Building Products Corporation (NYSE:NX) shareholders should be happy to see the share price up 15% in the last quarter. … During five years of share price growth, Quanex Building Products moved from a loss to profitability. … A more detailed examination of the revenue and earnings may or may not explain why the share price languishes; there could be an opportunity.

Simply Wall St -

Based On Its ROE, Is Quanex Building Products Corporation (NYSE:NX) A High Quality Stock?

We'll use ROE to examine Quanex Building Products Corporation (NYSE:NX), by way of a worked example. … Over the last twelve months Quanex Building Products has recorded a ROE of 4.5%. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Quanex Building Products Corporation (NYSE:NX) Will Pay US$0.08 In Dividends

Quanex Building Products Corporation (NYSE:NX) will be distributing its dividend of US$0.08 per share on the 29 March 2019, and will start trading ex-dividend in 4 days time on the 15 March 2019. … Let's take a look at Quanex Building Products's most recent financial data to examine its dividend characteristics in more detail. … When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas:?

Simply Wall St -

NX Company Info

Description

Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry worldwide. It operates through three segments: North American Engineered Components, European Engineered Components, and North American Cabinet Components. The company offers flexible insulating glass spacers, extruded vinyl profiles, window and door screens, and precision-formed metal and wood products, as well as cabinet doors and other components for original equipment manufacturers (OEMs) in the kitchen and bathroom cabinet industry. It also provides various non-fenestration components and products, including solar panel sealants, trim moldings, vinyl decking, fencing, water retention barriers, and conservatory roof components. The company sells its products to OEMs in the building products industry through sales representatives, direct sales force, distributors, and independent sales agents. Quanex Building Products Corporation was founded in 1927 and is headquartered in Houston, Texas.

Details
Name: Quanex Building Products Corporation
NX
Exchange: NYSE
Founded: 1927
$602,281,879
32,857,713
Website: http://www.quanex.com
Address: Quanex Building Products Corporation
1800 West Loop South,
Suite 1500,
Houston,
Texas, 77027,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE NX Common Stock New York Stock Exchange US USD 14. Apr 2008
DB 4Q2 Common Stock Deutsche Boerse AG DE EUR 14. Apr 2008
Number of employees
Current staff
Staff numbers
3,818
Quanex Building Products employees.
Industry
Building Products
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 00:14
End of day share price update: 2019/07/15 00:00
Last estimates confirmation: 2019/06/14
Last earnings filing: 2019/06/05
Last earnings reported: 2019/04/30
Last annual earnings reported: 2018/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.