NYSE:NP

Stock Analysis Report

Executive Summary

Neenah, Inc. produces and sells technical products, and fine paper and packaging products worldwide.

Snowflake

Fundamentals

Adequate balance sheet average dividend payer.

Risks

  • Neenah is covered by less than 3 analysts.

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


Market Performance


7 Day Return

8.5%

NYSE:NP

8.7%

US Forestry

1.2%

US Market


1 Year Return

-29.0%

NYSE:NP

-20.7%

US Forestry

1.7%

US Market

NP underperformed the Forestry industry which returned -20.7% over the past year.

NP underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

NPIndustryMarket
7 Day8.5%8.7%1.2%
30 Day1.1%7.7%4.9%
90 Day10.8%-3.3%3.7%
1 Year-27.1%-29.0%-18.0%-20.7%3.9%1.7%
3 Year-7.1%-12.9%20.1%11.7%47.2%37.7%
5 Year31.6%18.7%11.9%0.05%60.0%42.4%

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

Valuation

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

22.47x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Neenah's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Neenah's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Neenah is overvalued based on earnings compared to the US Forestry industry average.

Neenah is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Neenah is poor value based on expected growth next year.


Price Based on Value of Assets

Neenah is overvalued based on assets compared to the US Forestry industry average.


Next Steps

Future Growth

How is Neenah expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

18.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Neenah's revenue is expected to grow by 1.7% yearly, however this is not considered high growth (20% yearly).

Neenah's earnings are expected to grow by 18.8% yearly, however this is not considered high growth (20% yearly).

Neenah's revenue growth is positive but not above the United States of America market average.

Neenah's earnings growth is expected to exceed the United States of America market average.

Neenah's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Neenah will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Neenah performed over the past 5 years?

-5.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Neenah's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Neenah's 1-year earnings growth exceeds its 5-year average (4.5% vs -5%)

Neenah's earnings growth has not exceeded the US Forestry industry average in the past year (4.5% vs 88%).


Return on Equity

Neenah has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Neenah used its assets more efficiently than the US Forestry industry average last year based on Return on Assets.


Return on Capital Employed

Neenah's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Neenah's financial position?


Financial Position Analysis

Neenah is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Neenah's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Neenah's level of debt (55%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (65.3% vs 55% today).

Debt is well covered by operating cash flow (42%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.7x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.3x debt.


Next Steps

Dividend

What is Neenah's current dividend yield, its reliability and sustainability?

2.65%

Current Dividend Yield


Dividend Yield and Payments Analysis

Neenah's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

Neenah's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

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

Dividends paid are covered by earnings (1.8x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

4.6yrs

Average management tenure


CEO

John O'Donnell (59yo)

8.3yrs

Tenure

US$2,963,120

Compensation

Mr. John P. O'Donnell has been the Chief Executive Officer and President at Neenah Paper, Inc., since May 18, 2011 and May 2011 respectively. Mr. O'Donnell serves as the Chief Executive Officer and Preside ...


CEO Compensation Analysis

John's remuneration is about average for companies of similar size in United States of America.

John's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.6yrs

Average Tenure

50yo

Average Age

The tenure for the Neenah management team is about average.


Board Age and Tenure

8.8yrs

Average Tenure

66yo

Average Age

The tenure for the Neenah board of directors is about average.


Insider Trading

Neenah individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$83,01212 Sep 19
Bonnie Cruickshank-Lind
EntityIndividual
Role
Chief Financial Officer
Senior VP
Shares1,242
Max PriceUS$66.84
SellUS$60,03430 Aug 19
Bonnie Cruickshank-Lind
EntityIndividual
Role
Chief Financial Officer
Senior VP
Shares912
Max PriceUS$65.86
SellUS$97,15528 Aug 19
Julie Schertell
EntityIndividual
Role
Senior Key Executive
Senior VP & President of Technical Products
Shares1,500
Max PriceUS$64.77
SellUS$520,63022 Aug 19
Bonnie Cruickshank-Lind
EntityIndividual
Role
Chief Financial Officer
Senior VP
Shares7,846
Max PriceUS$66.60
SellUS$3,090,69721 Aug 19
John O'Donnell
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares46,125
Max PriceUS$67.67
SellUS$338,35012 Aug 19
Lawrence Brownlee
EntityIndividual
Role
Chief Accounting Officer
Principal Accounting Officer
Shares5,000
Max PriceUS$67.67
SellUS$312,60013 May 19
Lawrence Brownlee
EntityIndividual
Role
Chief Accounting Officer
Principal Accounting Officer
Shares5,000
Max PriceUS$62.52
SellUS$31,30113 Mar 19
Armin Schwinn
EntityIndividual
Shares489
Max PriceUS$64.01
SellUS$294,32120 Feb 19
John McGovern
EntityIndividual
Shares4,155
Max PriceUS$70.88
SellUS$66,91815 Feb 19
Noah Benz
EntityIndividual
Role
Chief Legal Officer
Senior VP
Shares950
Max PriceUS$70.44
SellUS$179,06114 Nov 18
Margaret Dano
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,488
Max PriceUS$71.97

Ownership Breakdown


Management Team

  • John O'Donnell (59yo)

    CEO, President & Director

    • Tenure: 8.3yrs
    • Compensation: US$2.96m
  • Bill McCarthy

    Vice President of Financial Analysis & Investor Relations

    • Tenure: 0yrs
  • Larry Brownlee (63yo)

    Principal Accounting Officer

    • Tenure: 15.2yrs
  • Bonnie Cruickshank-Lind (61yo)

    Senior VP

    • Tenure: 15.3yrs
    • Compensation: US$1.02m
  • Julie Schertell (50yo)

    Senior VP & President of Technical Products

    • Tenure: 5.7yrs
    • Compensation: US$915.60k
  • Bob Conforti

    Vice President of New Business & Technology Development

    • Tenure: 0yrs
  • Ron Lane

    Senior Vice President of Operations

    • Tenure: 0.2yrs
  • Matthew Duncan (46yo)

    Senior VP & Chief Human Resource Officer

    • Tenure: 3.5yrs
    • Compensation: US$619.93k
  • Byron Racki (42yo)

    Senior VP and President of Fine Paper & Packaging

    • Tenure: 2.7yrs
    • Compensation: US$639.72k
  • Noah Benz (46yo)

    Senior VP

    • Tenure: 1.1yrs

Board Members

  • Bill Cook (66yo)

    Chairman

    • Tenure: 0.3yrs
    • Compensation: US$174.02k
  • Margaret Dano (60yo)

    Independent Director

    • Tenure: 4.5yrs
    • Compensation: US$172.02k
  • Stephen Wood (73yo)

    Independent Director

    • Tenure: 14.8yrs
    • Compensation: US$206.02k
  • John O'Donnell (59yo)

    CEO, President & Director

    • Tenure: 8.3yrs
    • Compensation: US$2.96m
  • Philip Moore (66yo)

    Independent Director

    • Tenure: 14.8yrs
    • Compensation: US$174.02k
  • Timothy Lucas (73yo)

    Independent Director

    • Tenure: 14.8yrs
    • Compensation: US$206.02k
  • Tony Thene (58yo)

    Independent Director

    • Tenure: 0.6yrs

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$1.144b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NPNYSE (New York Stock Exchange)YesCommon StockUSUSDNov 2004
NQIDB (Deutsche Boerse AG)YesCommon StockDEEURNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 00:08
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.