| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
NP Overview
Neenah, Inc., a specialty materials company, produces and sells performance-based technical products, and fine paper and packaging products worldwide.
Neenah Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$44.24 |
| 52 Week High | US$36.05 |
| 52 Week Low | US$61.49 |
| Beta | 1.52 |
| 1 Month Change | -9.33% |
| 3 Month Change | -10.30% |
| 1 Year Change | 6.89% |
| 3 Year Change | -52.66% |
| 5 Year Change | -45.23% |
| Change since IPO | 16.57% |
Recent News & Updates
Neenah's (NYSE:NP) Dividend Will Be US$0.47
The board of Neenah, Inc. ( NYSE:NP ) has announced that it will pay a dividend on the 2nd of September, with investors...
Neenah: Strong Underlying Cash Flows Allow It To Complete A Large Acquisition
Neenah's share price has been sliding for a few years now. The cash flows remain strong, despite some non-recurring events. Neenah just forked over 205M EUR for an acquisition, paying about 10X the post-synergies EBITDA.
Shareholder Returns
| NP | US Forestry | US Market | |
|---|---|---|---|
| 7D | -9.3% | -3.3% | -0.6% |
| 1Y | 6.9% | 61.5% | 33.6% |
Return vs Industry: NP underperformed the US Forestry industry which returned 62.2% over the past year.
Return vs Market: NP underperformed the US Market which returned 33.7% over the past year.
Price Volatility
| NP volatility | |
|---|---|
| NP Beta | 1.52 |
| Industry Beta | 1.84 |
| Market Beta | 1 |
Stable Share Price: NP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NP's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 2,239 | Julie Schertell | https://www.neenah.com |
Neenah, Inc., a specialty materials company, produces and sells performance-based technical products, and fine paper and packaging products worldwide. Its Technical Products segment offers filtration media for transportation, water, and other end use applications; saturated and unsaturated crepe, and flat paper tapes; and coated lightweight abrasive papers for automotive, construction, metal, and woodworking industries. It also provides digital transfer media; label and tag products for digital printing; latex saturated and coated, premask, medical packaging, digital transfer, publishing, security, clean room and durable printing, and release papers; and furniture backers.
Valuation
Is Neenah undervalued compared to its fair value and its price relative to the market?
26.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NP ($44.24) is trading below our estimate of fair value ($59.93)
Significantly Below Fair Value: NP is trading below fair value by more than 20%.
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 (2.2x) compared to the US Forestry industry average (1.2x).
Future Growth
How is Neenah forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
221.9%
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 (9.2% per year) is forecast to grow slower than the US market (9.7% per year).
High Growth Revenue: NP's revenue (9.2% 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 NP's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Neenah performed over the past 5 years?
-38.1%
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 38.1% 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 (178.8%).
Return on Equity
High ROE: NP has a negative Return on Equity (-1.02%), as it is currently unprofitable.
Financial Health
How is Neenah's financial position?
Financial Position Analysis
Short Term Liabilities: NP's short term assets ($360.7M) exceed its short term liabilities ($180.4M).
Long Term Liabilities: NP's short term assets ($360.7M) do not cover its long term liabilities ($593.6M).
Debt to Equity History and Analysis
Debt Level: NP's debt to equity ratio (129%) is considered high.
Reducing Debt: NP's debt to equity ratio has increased from 64% to 129% over the past 5 years.
Debt Coverage: NP's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: NP's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
Dividend
What is Neenah current dividend yield, its reliability and sustainability?
4.25%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NP's dividend (4.25%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: NP's dividend (4.25%) is in the top 25% of dividend payers in the US market (3.58%)
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: 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?
1.3yrs
Average management tenure
CEO
Julie Schertell (52 yo)
1.33yrs
Tenure
US$2,530,027
Compensation
Ms. Julie A. Schertell serves as Chief Executive Officer & President of Neenah, Inc. since May 21, 2020 and served as its Chief Operating Officer since January 01, 2020 until May 21, 2020. Ms. Schertell se...
CEO Compensation Analysis
Compensation vs Market: Julie's total compensation ($USD2.53M) is about average for companies of similar size in the US market ($USD2.33M).
Compensation vs Earnings: Julie's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: NP's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Experienced Board: NP's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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 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$746.001m
- Shares outstanding: 16.86m
- Website: https://www.neenah.com
Number of Employees
Location
- Neenah, Inc.
- 3460 Preston Ridge Road
- Suite 600
- Alpharetta
- Georgia
- 30005
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 22:53 |
| End of Day Share Price | 2021/09/16 00:00 |
| Earnings | 2021/06/30 |
| 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.