Neenah
Market Cap
US$1.1b
Last Updated
2020/02/20 00:53 UTC
Data Sources
Company Financials +
Executive Summary
Neenah, Inc. produces and sells technical products, and fine paper and packaging products worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with adequate balance sheet and pays a dividend.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-6.7%
NP
-2.3%
US Forestry
0.5%
US Market
1 Year Return
-6.5%
NP
-8.6%
US Forestry
20.3%
US Market
Return vs Industry: NP exceeded the US Forestry industry which returned -8.6% over the past year.
Return vs Market: NP underperformed the US Market which returned 20.3% over the past year.
Shareholder returns
| NP | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.7% | -2.3% | 0.5% |
| 30 Day | -1.9% | -2.5% | 2.0% |
| 90 Day | -6.0% | -1.4% | 9.4% |
| 1 Year | -4.0%-6.5% | -5.8%-8.6% | 22.8%20.3% |
| 3 Year | -7.9%-14.0% | 6.6%-1.5% | 50.1%40.4% |
| 5 Year | 18.5%6.5% | -1.2%-13.0% | 73.1%54.1% |
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
14 hours ago | Simply Wall St
Here's What Analysts Are Forecasting For Neenah, Inc. After Its Annual Results2 days ago | Simply Wall St
Does Neenah, Inc.'s (NYSE:NP) CEO Pay Matter?1 week ago | Simply Wall St
4 Days Left Until Neenah, Inc. (NYSE:NP) Trades Ex-DividendValuation
Is Neenah undervalued compared to its fair value and its price relative to the market?
19.85x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NP ($65.28) is trading above our estimate of fair value ($50.69)
Significantly Below Fair Value: NP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NP is poor value based on its PE Ratio (19.9x) compared to the Forestry industry average (18x).
PE vs Market: NP is poor value based on its PE Ratio (19.9x) compared to the US market (18.3x).
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 (2.7x) compared to the US Forestry industry average (1.1x).
Next Steps
Future Growth
How is Neenah forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
66.8%
Forecasted Materials industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if NP's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if NP's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if NP's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if NP's revenue is forecast to grow faster 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
Next Steps
Past Performance
How has Neenah performed over the past 5 years?
-8.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NP has high quality earnings.
Growing Profit Margin: NP's current net profit margins (5.9%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: NP's earnings have declined by -8.3% per year over the past 5 years.
Accelerating Growth: NP's earnings growth over the past year (49.7%) exceeds its 5-year average (-8.3% per year).
Earnings vs Industry: NP earnings growth over the past year (49.7%) exceeded the Forestry industry 1%.
Return on Equity
High ROE: NP's Return on Equity (13.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Neenah's financial position?
Financial Position Analysis
Short Term Liabilities: NP's short term assets ($252.7M) exceed its short term liabilities ($100.4M).
Long Term Liabilities: NP's short term assets ($252.7M) do not cover its long term liabilities ($321.1M).
Debt to Equity History and Analysis
Debt Level: NP's debt to equity ratio (49.4%) is considered high.
Reducing Debt: NP's debt to equity ratio has reduced from 79% to 49.4% over the past 5 years.
Debt Coverage: NP's debt is well covered by operating cash flow (48.6%).
Interest Coverage: NP's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
Inventory Level: NP has a high level of physical assets or inventory.
Debt Coverage by Assets: NP's 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?
2.88%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: NP's dividend (2.88%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: NP's dividend (2.88%) is low compared to the top 25% of dividend payers in the US market (3.73%).
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: With its reasonable payout ratio (53.5%), NP's dividend payments are covered by earnings.
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?
1.5yrs
Average management tenure
CEO
John O'Donnell (59yo)
8.8yrs
Tenure
US$2,963,120
Compensation
Mr. John P. O'Donnell has been the Chief Executive Officer and President at Neenah Paper, Inc., since May 18, 2011 and May 2011 respectively. Mr. O'Donnell serves as the Chief Executive Officer and Preside ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD2.96M) is about average for companies of similar size in the US market ($USD2.50M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 8.8yrs | US$2.96m | 0.11% $1.2m | |
| Senior VP | 15.7yrs | US$1.02m | 0.11% $1.2m | |
| Senior VP | 0yrs | US$915.60k | 0.035% $389.7k | |
| Senior VP of Sales & Marketing and President of Fine Paper & Packaging | 0.08yrs | US$639.72k | 0.030% $331.6k | |
| Principal Accounting Officer | 15.6yrs | no data | 0.098% $1.1m | |
| Vice President of New Business & Technology Development | 0yrs | no data | no data | |
| Vice President of Financial Analysis & Investor Relations | 0yrs | no data | no data | |
| Senior VP | 1.5yrs | no data | 0.010% $111.1k | |
| Senior Vice President of Operations | 0.08yrs | no data | no data |
1.5yrs
Average Tenure
54.5yo
Average Age
Experienced Management: NP's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 8.8yrs | US$2.96m | 0.11% $1.2m | |
| Senior VP | 0yrs | US$915.60k | 0.035% $389.7k | |
| Independent Chairman of the Board | 0.8yrs | US$174.02k | 0.017% $188.0k | |
| Independent Director | 4.9yrs | US$172.02k | 0.0077% $84.2k | |
| Independent Director | 15.3yrs | US$206.02k | 0.21% $2.3m | |
| Independent Director | 15.3yrs | US$174.02k | 0.085% $931.0k | |
| Independent Director | 15.3yrs | US$206.02k | 0.093% $1.0m | |
| Independent Director | 0.3yrs | no data | no data | |
| Independent Director | 1yrs | no data | no data |
7.1yrs
Average Tenure
60yo
Average Age
Experienced Board: NP's board of directors are considered experienced (7.1 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$1.098b
- Shares outstanding: 16.81m
- 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; saturated and unsaturated crepe, and flat paper tapes; and coated lightweight abrasive papers for automotive, construction, metal, and woodworking industries. It also provides digital image 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. The company's Fine Paper and Packaging segment provides writing, text, cover, and specialty papers; and envelopes used in commercial printing services, corporate identity packages, and advertising collaterals. It also provides packaging products for retail, cosmetics, spirits, and electronics end-use markets; bright papers for direct mails, advertising inserts, scrapbooks, and marketing collaterals; business papers for professionals and small businesses; translucent and art papers; and papers for optical scanning and other specialized applications. Its Other segment offers papers for end uses, such as covering materials for datebooks, diaries, yearbooks, and photo albums. The company markets its products under the JET-PRO SofStretch, KIMDURA, PREVAIL, NEENAH, GESSNER, CLASSIC, CLASSIC CREST, ESSE, ENVIRONMENT, CAPITOL BOND, ROYAL SUNDANCE, SOUTHWORTH, TOUCHE, CRANE'S CREST, CRANE'S BOND, CRANE'S LETTRA, SO...SILK, PLIKE, STARDREAM, Neenah Wide Format, CONVERD, ESTATE LABEL, PELLAQ, KIVAR, SKIVERTEX, ILLUSIO, SENZO, ASTROBRIGHTS, NEENAH IMAGEMAX, and CREATIVE COLLECTION names through authorized paper distributors, converters, retailers, and specialty businesses; and directly. The company was formerly known as Neenah Paper, Inc. and changed its name to Neenah, Inc. in January 2018. Neenah, Inc. was founded in 2004 and is headquartered in Alpharetta, Georgia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/20 00:53 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.