NYSE:NP

Stock Analysis Report

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Market Cap

US$830.7m

Last Updated

2021/06/20 15:21 UTC

Data Sources

Company Financials +

Executive Summary

Neenah, Inc., a specialty materials company, produces and sells performance-based technical products, and fine paper and packaging products worldwide. More Details


Snowflake Analysis

Reasonable growth potential average dividend payer.


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 less volatile than 75% 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.


Market Performance


7 Day Return

-5.6%

NP

-4.0%

US Forestry

-1.9%

US Market


1 Year Return

-1.3%

NP

76.5%

US Forestry

38.2%

US Market

Return vs Industry: NP underperformed the US Forestry industry which returned 76.5% over the past year.

Return vs Market: NP underperformed the US Market which returned 38.2% over the past year.


Shareholder returns

NPIndustryMarket
7 Day-5.6%-4.0%-1.9%
30 Day-9.5%-11.4%1.1%
90 Day-9.2%3.6%4.3%
1 Year2.4%-1.3%81.7%76.5%40.4%38.2%
3 Year-35.9%-41.5%30.6%18.0%57.5%47.8%
5 Year-19.1%-28.9%67.6%47.8%127.2%101.7%

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

Valuation

Is Neenah undervalued compared to its fair value and its price relative to the market?

2.3x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: NP ($49.32) is trading above our estimate of fair value ($32.74)

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 (2.3x) 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?

107.9%

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 (14.7% per year) is forecast to grow faster than the US market (9.5% per year).

High Growth Revenue: NP's revenue (14.7% 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?

-32.7%

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 32.7% 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 (323.1%).


Return on Equity

High ROE: NP has a negative Return on Equity (-6.61%), as it is currently unprofitable.


Financial Health

How is Neenah's financial position?


Financial Position Analysis

Short Term Liabilities: NP's short term assets ($299.0M) exceed its short term liabilities ($146.3M).

Long Term Liabilities: NP's short term assets ($299.0M) do not cover its long term liabilities ($315.3M).


Debt to Equity History and Analysis

Debt Level: NP's debt to equity ratio (53.1%) is considered high.

Reducing Debt: NP's debt to equity ratio has reduced from 72.9% to 53.1% over the past 5 years.

Debt Coverage: NP's debt is well covered by operating cash flow (52%).

Interest Coverage: NP is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Dividend

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

3.81%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NP's dividend (3.81%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: NP's dividend (3.81%) is in the top 25% of dividend payers in the US market (3.49%)


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?

1.1yrs

Average management tenure


CEO

Julie Schertell (51 yo)

1.08yrs

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 ($USD2.53M) is about average for companies of similar size in the US market ($USD2.41M).

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 ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: NP's board of directors are not considered experienced ( 2.3 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: NP insiders have only sold shares 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$830.691m
  • 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


Biography

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...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/20 15:21
End of Day Share Price2021/06/18 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.