This company has been acquired
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
NP Stock Overview
Neenah, Inc., a specialty materials company, engages in the performance-based technical products, and fine paper and packaging products businesses in North America, Germany, Spain, and rest of Europe.
Neenah Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.00 |
| 52 Week High | US$56.86 |
| 52 Week Low | US$31.05 |
| Beta | 1.49 |
| 1 Month Change | -17.76% |
| 3 Month Change | -16.30% |
| 1 Year Change | -36.72% |
| 3 Year Change | -52.72% |
| 5 Year Change | -59.39% |
| Change since IPO | -15.68% |
Recent News & Updates
Shareholder Returns
| NP | US Forestry | US Market | |
|---|---|---|---|
| 7D | -6.3% | -5.2% | -5.2% |
| 1Y | -36.7% | -8.8% | -23.1% |
Return vs Industry: NP underperformed the US Forestry industry which returned -8.1% over the past year.
Return vs Market: NP underperformed the US Market which returned -18.4% over the past year.
Price Volatility
| NP volatility | |
|---|---|
| NP Average Weekly Movement | 5.4% |
| Forestry Industry Average Movement | 6.8% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.9% |
| 10% least volatile stocks in US Market | 2.8% |
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.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 2,493 | Julie Schertell | https://www.neenah.com |
Neenah, Inc., a specialty materials company, engages in the performance-based technical products, and fine paper and packaging products businesses in North America, Germany, Spain, and rest of Europe. 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, passports, and release papers; furniture backers; and release liners.
Neenah Fundamentals Summary
| NP fundamental statistics | |
|---|---|
| Market Cap | US$537.25m |
| Earnings (TTM) | -US$27.70m |
| Revenue (TTM) | US$1.09b |
0.5x
P/S Ratio-19.4x
P/E RatioIs NP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NP income statement (TTM) | |
|---|---|
| Revenue | US$1.09b |
| Cost of Revenue | US$922.20m |
| Gross Profit | US$164.10m |
| Other Expenses | US$191.80m |
| Earnings | -US$27.70m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 04, 2022
| Earnings per share (EPS) | -1.65 |
| Gross Margin | 15.11% |
| Net Profit Margin | -2.55% |
| Debt/Equity Ratio | 150.2% |
How did NP perform over the long term?
See historical performance and comparisonDividends
5.9%
Current Dividend Yield-115%
Payout RatioValuation
Is NP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NP?
Other financial metrics that can be useful for relative valuation.
| What is NP's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$537.25m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.9x |
| Enterprise Value/EBITDA | 9.7x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does NP's PS Ratio compare to its peers?
| NP PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.3x | ||
CLW Clearwater Paper | 0.3x | 1.7% | US$642.4m |
MERC Mercer International | 0.4x | -1.7% | US$789.6m |
GLT Glatfelter | 0.1x | 10.2% | US$181.3m |
SLVM Sylvamo | 0.4x | -7.7% | US$1.5b |
NP Neenah | 0.5x | 5.1% | US$537.3m |
Price-To-Sales vs Peers: NP is expensive based on its Price-To-Sales Ratio (0.5x) compared to the peer average (0.3x).
Price to Earnings Ratio vs Industry
How does NP's PE Ratio compare vs other companies in the North American Forestry Industry?
Price-To-Sales vs Industry: NP is expensive based on its Price-To-Sales Ratio (0.5x) compared to the US Forestry industry average (0.3x)
Price to Sales Ratio vs Fair Ratio
What is NP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.5x |
| Fair PS Ratio | 0.6x |
Price-To-Sales vs Fair Ratio: NP is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).
Share Price vs Fair Value
What is the Fair Price of NP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NP ($32) is trading above our estimate of fair value ($16.46)
Significantly Below Fair Value: NP is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Neenah forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
114.3%
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 (1.9%).
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 is expected to become profitable in the next 3 years.
Revenue vs Market: NP's revenue (5.1% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: NP's revenue (5.1% 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
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Past Performance
How has Neenah performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-54.2%
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 54.2% 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 (76.7%).
Return on Equity
High ROE: NP has a negative Return on Equity (-8.93%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Neenah's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: NP's short term assets ($379.1M) exceed its short term liabilities ($188.9M).
Long Term Liabilities: NP's short term assets ($379.1M) do not cover its long term liabilities ($609.1M).
Debt to Equity History and Analysis
Debt Level: NP's net debt to equity ratio (142%) is considered high.
Reducing Debt: NP's debt to equity ratio has increased from 64.9% to 150.2% over the past 5 years.
Debt Coverage: NP's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: NP's interest payments on its debt are well covered by EBIT (3x coverage).
Balance Sheet
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Dividend
What is Neenah current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
5.94%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NP's dividend (5.94%) is higher than the bottom 25% of dividend payers in the US market (1.61%).
High Dividend: NP's dividend (5.94%) is in the top 25% of dividend payers in the US market (4.27%)
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.
Earnings Payout to Shareholders
Earnings Coverage: NP is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: NP is paying a dividend but the company has no free cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Julie Schertell (53 yo)
2.17yrs
Tenure
US$2,921,839
Compensation
Ms. Julie A. Schertell is Chief Executive Officer & President of Neenah, Inc. since May 21, 2020 and served as its Chief Operating Officer since January 01, 2020 until May 21, 2020. Ms. Schertell serves as...
CEO Compensation Analysis
Compensation vs Market: Julie's total compensation ($USD2.92M) is about average for companies of similar size in the US market ($USD2.91M).
Compensation vs Earnings: Julie's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: NP's management team is considered experienced (2.1 years average tenure).
Board Members
Experienced Board: NP's board of directors are considered experienced (3.4 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
| Date | Value | Name | Entity | Role | Shares | Max Price |
|---|---|---|---|---|---|---|
| 08 Nov 21 | SellUS$60,291 | Margaret Dano | Individual | 1,100 | US$54.81 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
| Ownership | Name | Shares | Current Value | Change % | Portfolio % | |
|---|---|---|---|---|---|---|
| 2,697,688 | $86.3m | -0.76% | no data | |||
| 1,896,985 | $60.7m | 0.06% | 0.08% | |||
| 1,335,983 | $42.8m | 0.66% | 0.01% | |||
| 1,154,634 | $36.9m | 3.39% | 0.04% | |||
| 1,137,232 | $36.4m | 2.02% | no data | |||
| 904,828 | $29.0m | 0% | 1.1% | |||
| 877,069 | $28.1m | -19.58% | 0.03% | |||
| 693,896 | $22.2m | 16.31% | no data | |||
| 621,239 | $19.9m | -2.3% | no data | |||
| 453,413 | $14.5m | -2.56% | 0.05% | |||
| 361,291 | $11.6m | 16.59% | 0.26% | |||
| 305,053 | $9.8m | 47.31% | 0.03% | |||
| 296,895 | $9.5m | 4.31% | no data | |||
| 273,146 | $8.7m | -10.83% | 0.09% | |||
| 268,589 | $8.6m | -1.07% | no data | |||
| 242,952 | $7.8m | -38.66% | no data | |||
| 229,170 | $7.3m | -4.63% | 0.01% | |||
| 227,593 | $7.3m | 21.06% | no data | |||
| 226,500 | $7.2m | 122.06% | 2.28% | |||
| 226,397 | $7.2m | 39.26% | 0.01% | |||
| 219,902 | $7.0m | -6.34% | no data | |||
| 181,956 | $5.8m | -3.34% | 0.16% | |||
| 151,380 | $4.8m | 0% | no data | |||
| 120,927 | $3.9m | -4.99% | no data | |||
| 107,944 | $3.5m | 12.75% | 0.06% |
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
- Implied Market Cap: US$537.254m
- Shares outstanding: 16.79m
- 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 |
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/06 00:00 |
| End of Day Share Price | 2022/07/05 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.