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NANX

Nanophase Technologies OTCPK:NANX Stock Report

Last Price

US$2.50

Market Cap

US$122.8m

7D

5.0%

1Y

-18.8%

Updated

06 Oct, 2022

Data

Company Financials
NANX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

NANX Stock Overview

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

Nanophase Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nanophase Technologies
Historical stock prices
Current Share PriceUS$2.50
52 Week HighUS$4.45
52 Week LowUS$1.56
Beta1.42
1 Month Change-6.02%
3 Month Change-22.60%
1 Year Change-18.83%
3 Year Change730.57%
5 Year Change284.62%
Change since IPO-68.75%

Recent News & Updates

Shareholder Returns

NANXUS ChemicalsUS Market
7D5.0%4.3%3.3%
1Y-18.8%-12.5%-20.4%

Return vs Industry: NANX underperformed the US Chemicals industry which returned -10.6% over the past year.

Return vs Market: NANX matched the US Market which returned -18.8% over the past year.

Price Volatility

Is NANX's price volatile compared to industry and market?
NANX volatility
NANX Average Weekly Movement4.2%
Chemicals Industry Average Movement6.5%
Market Average Movement6.9%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.9%

Stable Share Price: NANX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: NANX's weekly volatility has decreased from 9% to 4% over the past year.

About the Company

FoundedEmployeesCEOWebsite
198958Jess Jankowskihttps://www.nanophase.com

Nanophase Technologies Corporation provides engineered materials, formulation development, and commercial manufacturing with an integrated family of technologies in the United States. It offers surface engineered zinc oxide and titanium dioxide for sunscreens and personal care products; fully formulated cosmetics, sun care, and skin care under the Solésence brand name; and advanced materials products, such as architectural coatings, industrial coatings, abrasion-resistant additives, plastics additives, medical diagnostics, and various surface finishing technologies applications. The company was incorporated in 1989 and is headquartered in Romeoville, Illinois.

Nanophase Technologies Fundamentals Summary

How do Nanophase Technologies's earnings and revenue compare to its market cap?
NANX fundamental statistics
Market CapUS$122.79m
Earnings (TTM)US$1.08m
Revenue (TTM)US$34.67m

113.6x

P/E Ratio

3.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NANX income statement (TTM)
RevenueUS$34.67m
Cost of RevenueUS$25.62m
Gross ProfitUS$9.05m
Other ExpensesUS$7.97m
EarningsUS$1.08m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.022
Gross Margin26.11%
Net Profit Margin3.12%
Debt/Equity Ratio85.6%

How did NANX perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is NANX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings 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 NANX?

Other financial metrics that can be useful for relative valuation.

NANX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.1x
Enterprise Value/EBITDA76.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does NANX's PE Ratio compare to its peers?

NANX PE Ratio vs Peers
The above table shows the PE ratio for NANX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average9.3x
NTIC Northern Technologies International
17.2x27.9%US$125.7m
VNTR Venator Materials
1.7x-47.2%US$95.0m
ADES Advanced Emissions Solutions
2.1xn/aUS$55.7m
FF FutureFuel
16.4xn/aUS$263.9m
NANX Nanophase Technologies
113.6xn/aUS$122.8m

Price-To-Earnings vs Peers: NANX is expensive based on its Price-To-Earnings Ratio (113.6x) compared to the peer average (9.3x).


Price to Earnings Ratio vs Industry

How does NANX's PE Ratio compare vs other companies in the US Chemicals Industry?

Price-To-Earnings vs Industry: NANX is expensive based on its Price-To-Earnings Ratio (113.6x) compared to the US Chemicals industry average (14.3x)


Price to Earnings Ratio vs Fair Ratio

What is NANX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NANX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio113.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NANX's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of NANX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate NANX's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate NANX's fair value for valuation analysis.


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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


7.0%

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.


Discover growth companies

  • 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.

Past Performance

How has Nanophase Technologies performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


46.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NANX has a high level of non-cash earnings.

Growing Profit Margin: NANX's current net profit margins (3.1%) are lower than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: NANX has become profitable over the past 5 years, growing earnings by 46.8% per year.

Accelerating Growth: NANX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NANX had negative earnings growth (-45.3%) over the past year, making it difficult to compare to the Chemicals industry average (21.1%).


Return on Equity

High ROE: NANX's Return on Equity (13.5%) is considered low.


Discover strong past performing companies

Financial Health

How is Nanophase Technologies's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NANX's short term assets ($17.4M) exceed its short term liabilities ($13.5M).

Long Term Liabilities: NANX's short term assets ($17.4M) exceed its long term liabilities ($13.0M).


Debt to Equity History and Analysis

Debt Level: NANX's net debt to equity ratio (77.3%) is considered high.

Reducing Debt: NANX's debt to equity ratio has increased from 0.09% to 85.6% over the past 5 years.

Debt Coverage: NANX's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: NANX's interest payments on its debt are well covered by EBIT (6.3x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Nanophase Technologies Dividend Yield vs Market
How does Nanophase Technologies dividend yield compare to the market?
SegmentDividend Yield
Company (Nanophase Technologies)n/a
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.6%
Industry Average (Chemicals)2.3%
Analyst forecast in 3 Years (Nanophase Technologies)n/a

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

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


Stability and Growth of Payments

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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as NANX has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

12.8yrs

Average management tenure


CEO

Jess Jankowski (56 yo)

13.67yrs

Tenure

US$584,311

Compensation

Mr. Jess A. Jankowski has been the Chief Executive Officer and President of Nanophase Technologies Corporation since February 28, 2009. Mr. Jankowski is the Chief Financial Officer of Nanophase Technologie...


CEO Compensation Analysis

Jess Jankowski's Compensation vs Nanophase Technologies Earnings
How has Jess Jankowski's remuneration changed compared to Nanophase Technologies's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

US$1m

Mar 31 2022n/an/a

US$1m

Dec 31 2021US$584kUS$319k

US$2m

Sep 30 2021n/an/a

US$3m

Jun 30 2021n/an/a

US$2m

Mar 31 2021n/an/a

US$2m

Dec 31 2020US$442kUS$319k

US$989k

Sep 30 2020n/an/a

-US$189k

Jun 30 2020n/an/a

-US$1m

Mar 31 2020n/an/a

-US$3m

Dec 31 2019US$344kUS$319k

-US$3m

Sep 30 2019n/an/a

-US$3m

Jun 30 2019n/an/a

-US$2m

Mar 31 2019n/an/a

-US$2m

Dec 31 2018US$402kUS$319k

-US$2m

Sep 30 2018n/an/a

-US$1m

Jun 30 2018n/an/a

-US$2m

Mar 31 2018n/an/a

-US$2m

Dec 31 2017US$383kUS$317k

-US$789k

Sep 30 2017n/an/a

-US$1m

Jun 30 2017n/an/a

-US$1m

Mar 31 2017n/an/a

-US$627k

Dec 31 2016US$352kUS$306k

-US$1m

Sep 30 2016n/an/a

-US$911k

Jun 30 2016n/an/a

-US$641k

Mar 31 2016n/an/a

-US$1m

Dec 31 2015US$367kUS$316k

-US$1m

Compensation vs Market: Jess's total compensation ($USD584.31K) is about average for companies of similar size in the US market ($USD772.75K).

Compensation vs Earnings: Jess's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: NANX's management team is seasoned and experienced (12.8 years average tenure).


Board Members

Experienced Board: NANX's board of directors are seasoned and experienced ( 16.3 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

OTCPK:NANX Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
21 Dec 21BuyUS$32,361,272Bradford WhitmoreIndividual7,731,573US$4.19
21 Dec 21SellUS$32,361,272Bradford WhitmoreIndividual7,731,573US$4.19
30 Nov 21SellUS$90,312Kevin CuretonIndividual23,829US$3.79

Ownership Breakdown

What is the ownership structure of NANX?
Owner TypeNumber of SharesOwnership Percentage
Institutions101,9610.2%
Private Companies601,4101.2%
General Public14,933,50830.4%
Individual Insiders33,477,45868.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 9 shareholders own 69.59% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
60.42%
Bradford Whitmore
29,676,744$74.2m0%no data
3.69%
John Conley
1,813,000$4.5m0%no data
3.01%
Rebecca Whitmore
1,477,055$3.7m0.68%no data
1.22%
Grace Investments, Lp
601,410$1.5m0%no data
0.81%
Richard Siegel
399,838$999.6k2.57%no data
0.2%
NFS Capital AG
99,342$248.4k0%0.1%
0.12%
Jess Jankowski
60,000$150.0k0%no data
0.1%
Kevin Cureton
50,821$127.1k0%no data
0.0053%
Victory Capital Management Inc.
2,619$6.5k0.11%no data

Company Information

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


Key Information

  • Name: Nanophase Technologies Corporation
  • Ticker: NANX
  • Exchange: OTCPK
  • Founded: 1989
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Implied Market Cap: US$122.786m
  • Shares outstanding: 49.11m
  • 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

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/06 00:00
End of Day Share Price2022/10/06 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.