OTCPK:NANX

Stock Analysis Report

Executive Summary

Nanophase Technologies Corporation provides engineered materials, formulation development, and commercial manufacturing with an integrated family of technologies.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Nanophase Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

44.3%

NANX

-0.9%

US Chemicals

0.07%

US Market


1 Year Return

-37.4%

NANX

-3.9%

US Chemicals

8.9%

US Market

Return vs Industry: NANX underperformed the US Chemicals industry which returned -3.9% over the past year.

Return vs Market: NANX underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

NANXIndustryMarket
7 Day44.3%-0.9%0.07%
30 Day38.3%-2.4%-0.3%
90 Day-2.4%-4.0%-1.6%
1 Year-37.4%-37.4%10.3%-3.9%11.3%8.9%
3 Year-26.7%-26.7%39.6%13.0%46.3%36.8%
5 Year15.8%15.8%43.1%11.1%62.1%44.3%

Price Volatility Vs. Market

How volatile is Nanophase Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

9.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NANX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NANX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NANX is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.

PE vs Market: NANX 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 NANX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NANX is overvalued based on its PB Ratio (9.4x) compared to the US Chemicals industry average (2x).


Next Steps

Future Growth

How is Nanophase Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.9%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nanophase Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of NANX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Nanophase Technologies's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Nanophase Technologies performed over the past 5 years?

0.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NANX is unprofitable, but has reduced losses over the past 5 years at a rate of 0.5% per year.

Accelerating Growth: Unable to compare NANX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NANX is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-2.9%).


Return on Equity

High ROE: NANX has a negative Return on Equity (-118.41%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: NANX is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: NANX is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Nanophase Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: NANX's short term assets ($5.1M) exceeds its short term liabilities ($4.2M)

Long Term Liabilities: NANX's short term assets (5.1M) exceeds its long term liabilities (3.1M)


Debt to Equity History and Analysis

Debt Level: NANX's debt to equity ratio (86%) is considered high

Reducing Debt: NANX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

Inventory Level: NANX has a high level of physical assets or inventory.

Debt Coverage by Assets: NANX's debt is covered by short term assets (assets are 2.927260x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: NANX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NANX has less than a year of cash runway if free cash flow continues to reduce at historical rates of -76.3% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate NANX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate NANX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if NANX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NANX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NANX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

10.3yrs

Average management tenure


CEO

Jess Jankowski (53yo)

10.7yrs

Tenure

US$401,624

Compensation

Mr. Jess A. Jankowski has been the Chief Executive Officer and President of Nanophase Technologies Corp. since February 28, 2009. Mr. Jankowski joined the Nanophase Technologies Corp in 1995 and served as  ...


CEO Compensation Analysis

Compensation vs. Market: Jess's total compensation ($USD401.62K) is about average for companies of similar size in the US market ($USD509.30K).

Compensation vs Earnings: Jess's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

10.3yrs

Average Tenure

55yo

Average Age

Experienced Management: NANX's management team is seasoned and experienced (10.3 years average tenure).


Board Age and Tenure

11.9yrs

Average Tenure

75yo

Average Age

Experienced Board: NANX's board of directors are seasoned and experienced ( 11.9 years average tenure).


Insider Trading

Insider Buying: NANX insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$72024 Sep 19
Rebecca Whitmore
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,000
Max PriceUS$0.36
BuyUS$1,08518 Sep 19
Rebecca Whitmore
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,719
Max PriceUS$0.40
BuyUS$4,28411 Sep 19
Rebecca Whitmore
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,200
Max PriceUS$0.42
BuyUS$1,675,60015 May 19
Grace Brothers Management, LLC
EntityCompany
Shares4,189,000
Max PriceUS$0.40
BuyUS$1,05502 Jan 19
Rebecca Whitmore
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,415
Max PriceUS$0.75
BuyUS$16,44327 Dec 18
Jess Jankowski
EntityIndividual
Role
Chief Executive Officer
President
Shares20,199
Max PriceUS$0.84

Ownership Breakdown


Management Team

  • Jess Jankowski (53yo)

    President

    • Tenure: 10.7yrs
    • Compensation: US$401.62k
  • Nancy Baldwin (68yo)

    Vice President of Human Resources & Investor Relations

    • Tenure: 11.1yrs
    • Compensation: US$170.81k
  • H. Judd (50yo)

    Vice President of Operations

    • Tenure: 9.8yrs
  • Kevin Cureton (57yo)

    Chief Commercial Officer

    • Tenure: 1.8yrs
    • Compensation: US$286.61k

Board Members

  • Jess Jankowski (53yo)

    President

    • Tenure: 10.7yrs
    • Compensation: US$401.62k
  • Jim Henderson (84yo)

    Chairman of the Board

    • Tenure: 8.2yrs
    • Compensation: US$31.95k
  • Ed Tyler (66yo)

    Director

    • Tenure: 8.8yrs
    • Compensation: US$25.96k
  • Richard Siegel (82yo)

    Director

    • Tenure: 30.8yrs
    • Compensation: US$22.63k
  • Jim McClung (81yo)

    Director

    • Tenure: 19.7yrs
    • Compensation: US$25.96k
  • Rebecca Whitmore (65yo)

    Director

    • Tenure: 15.9yrs
    • Compensation: US$22.63k
  • George Vincent (75yo)

    Director

    • Tenure: 11.9yrs
    • Compensation: US$22.63k

Company Information

Nanophase Technologies Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nanophase Technologies Corporation
  • Ticker: NANX
  • Exchange: OTCPK
  • Founded: 1989
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: US$18.974m
  • Shares outstanding: 38.10m
  • Website: https://www.nanophase.com

Number of Employees


Location

  • Nanophase Technologies Corporation
  • 1319 Marquette Drive
  • Romeoville
  • Illinois
  • 60446
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NANXOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 1997

Biography

Nanophase Technologies Corporation provides engineered materials, formulation development, and commercial manufacturing with an integrated family of technologies. It produces and sells personal care ingred ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:38
End of Day Share Price2019/10/22 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.