Neenah
Market Cap
US$931.4m
Last Updated
2021/02/26 23:37 UTC
Data Sources
Company Financials +
Executive Summary
Neenah, Inc. produces and sells technical products, and fine paper and packaging products worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer with moderate growth potential.
Similar Companies
Share Price & News
How has Neenah's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NP's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
1.0%
NP
0.8%
US Forestry
-4.6%
US Market
1 Year Return
-4.2%
NP
42.4%
US Forestry
38.5%
US Market
Return vs Industry: NP underperformed the US Forestry industry which returned 40.9% over the past year.
Return vs Market: NP underperformed the US Market which returned 38.9% over the past year.
Shareholder returns
| NP | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.0% | 0.8% | -4.6% |
| 30 Day | 5.9% | 19.0% | 0.6% |
| 90 Day | 14.5% | 30.9% | 1.9% |
| 1 Year | -0.4%-4.2% | 48.2%42.4% | 41.5%38.5% |
| 3 Year | -22.6%-29.1% | 21.0%9.8% | 56.7%46.7% |
| 5 Year | 3.8%-8.4% | 71.4%49.8% | 123.5%98.6% |
Long-Term Price Volatility Vs. Market
How volatile is Neenah's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Here's Why We're Wary Of Buying Neenah's (NYSE:NP) For Its Upcoming Dividend1 month ago | Simply Wall St
Is Neenah, Inc.'s (NYSE:NP) 3.4% Dividend Worth Your Time?2 months ago | Simply Wall St
Read This Before Selling Neenah, Inc. (NYSE:NP) SharesValuation
Is Neenah undervalued compared to its fair value and its price relative to the market?
2.53x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: NP ($55.32) is trading above our estimate of fair value ($23.22)
Significantly Below Fair Value: NP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NP is unprofitable, so we can't compare its PE Ratio to the US Forestry industry average.
PE vs Market: NP 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 NP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NP is overvalued based on its PB Ratio (2.5x) compared to the US Forestry industry average (1.3x).
Next Steps
Future Growth
How is Neenah forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
94.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: NP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NP's is expected to become profitable in the next 3 years.
Revenue vs Market: NP's revenue (5.5% per year) is forecast to grow slower than the US market (10.4% per year).
High Growth Revenue: NP's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NP's Return on Equity is forecast to be low in 3 years time (13.3%).
Next Steps
Past Performance
How has Neenah performed over the past 5 years?
-25.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NP is currently unprofitable.
Growing Profit Margin: NP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NP is unprofitable, and losses have increased over the past 5 years at a rate of 25.4% per year.
Accelerating Growth: Unable to compare NP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NP is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (29.7%).
Return on Equity
High ROE: NP has a negative Return on Equity (-4.3%), as it is currently unprofitable.
Next Steps
Financial Health
How is Neenah's financial position?
Financial Position Analysis
Short Term Liabilities: NP's short term assets ($271.3M) exceed its short term liabilities ($116.0M).
Long Term Liabilities: NP's short term assets ($271.3M) do not cover its long term liabilities ($323.0M).
Debt to Equity History and Analysis
Debt Level: NP's debt to equity ratio (52.9%) is considered high.
Reducing Debt: NP's debt to equity ratio has reduced from 73.6% to 52.9% over the past 5 years.
Debt Coverage: NP's debt is well covered by operating cash flow (48%).
Interest Coverage: NP is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Neenah current dividend yield, its reliability and sustainability?
3.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NP's dividend (3.4%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: NP's dividend (3.4%) is low compared to the top 25% of dividend payers in the US market (3.72%).
Stability and Growth of Payments
Stable Dividend: NP's dividends per share have been stable in the past 10 years.
Growing Dividend: NP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: NP is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: NP's dividends in 3 years are forecast to be covered by earnings (55.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.8yrs
Average management tenure
CEO
Julie Schertell (51 yo)
0.75
Tenure
US$1,053,360
Compensation
Ms. Julie A. Schertell serves as Chief Executive Officer & President of Neenah, Inc. since May 21, 2020 and served as its Chief Operating Officer since January 01, 2020 until May 21, 2020. Ms. Schertell se...
CEO Compensation Analysis
Compensation vs Market: Julie's total compensation ($USD1.05M) is below average for companies of similar size in the US market ($USD2.22M).
Compensation vs Earnings: Julie's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.75yr | US$1.05m | 0.050% $ 470.3k | |
| Executive VP & Segment President of Technical Products | 0.58yr | US$933.34k | 0.035% $ 327.5k | |
| Executive VP | 0.75yr | no data | 0.065% $ 602.4k | |
| Executive Vice President of Global Operations | 0.083yr | no data | 0.0050% $ 46.3k | |
| Principal Accounting Officer | 16.58yrs | no data | 0.10% $ 943.1k | |
| Vice President of New Business & Technology Development | no data | no data | no data | |
| Executive VP | 0.83yr | no data | 0.0045% $ 41.9k | |
| Vice President of Financial Analysis & Investor Relations | no data | no data | no data | |
| Executive VP | 2.5yrs | no data | 0.014% $ 133.0k | |
| Executive VP and Segment President of Fine Paper & Packaging | 0.58yr | no data | 0.0060% $ 56.2k |
0.8yrs
Average Tenure
49yo
Average Age
Experienced Management: NP's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.75yr | US$1.05m | 0.050% $ 470.3k | |
| Independent Chairman of the Board | 1.75yrs | US$191.50k | 0.030% $ 281.6k | |
| Independent Director | 5.92yrs | US$179.50k | 0.015% $ 138.2k | |
| Independent Director | 16.25yrs | US$206.02k | 0.14% $ 1.3m | |
| Independent Director | 16.25yrs | US$174.00k | 0.095% $ 885.7k | |
| Independent Director | 16.25yrs | US$206.00k | 0.11% $ 1.0m | |
| Independent Director | 1.25yrs | US$11.50k | no data | |
| Independent Director | 2yrs | US$148.67k | 0% $ 0 |
4.0yrs
Average Tenure
64yo
Average Age
Experienced Board: NP's board of directors are considered experienced (4 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Neenah, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Neenah, Inc.
- Ticker: NP
- Exchange: NYSE
- Founded: 2004
- Industry: Paper Products
- Sector: Materials
- Market Cap: US$931.423m
- Shares outstanding: 16.84m
- Website: https://www.neenah.com
Number of Employees
Location
- Neenah, Inc.
- 3460 Preston Ridge Road
- Suite 600
- Alpharetta
- Georgia
- 30005
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NP | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Nov 2004 |
| NQI | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 2004 |
Biography
Neenah, Inc. produces and sells technical products, and fine paper and packaging products worldwide. Its Technical Products segment offers filtration media for transportation, water, and other uses; satura...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/26 23:37 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.