Last €54.77 EUR
Change Today -0.044 / -0.08%
Volume 0.0
As of 2:16 AM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

neenah paper inc (NQI) Snapshot

Open
€54.84
Previous Close
€54.81
Day High
€54.84
Day Low
€54.77
52 Week High
03/3/15 - €54.84
52 Week Low
05/21/14 - €34.93
Market Cap
914.7M
Average Volume 10 Days
19.0
EPS TTM
--
Shares Outstanding
16.7M
EX-Date
02/11/15
P/E TM
--
Dividend
€1.19
Dividend Yield
1.57%
Current Stock Chart for NEENAH PAPER INC (NQI)

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neenah paper inc (NQI) Details

Neenah Paper, Inc. produces and sells technical products and fine papers worldwide. The company’s Technical Products segment provides filtration media for automotive transportation; saturated and unsaturated crepe and flat paper tapes to manufacturers; lightweight abrasive paper for waterproof and dry sanding; wall covering substrates to converters serving commercial and consumer-do-it-yourself markets; label and tag products to pressure sensitive coaters; latex saturated and coated papers; premask, medical packaging, image transfer, and decorative components papers; and clean room papers, durable printing papers, release papers, and furniture backers. Its Fine Paper segment manufactures and sells writing papers used for business and personal stationery, corporate identity packages, and related end-use applications; text and cover papers, and envelopes used in corporate brochures, pocket folders, corporate annual reports, advertising inserts, direct mail, business cards, hang tags, scrapbooks, and other uses; custom colors, paper finishes, and duplex/laminated papers; and bright papers used in direct mail, advertising inserts, scrapbooks, and marketing collateral applications. This segment also offers other specialty papers for applications in wine labels and luxury packaging; and specialty paper products for enhanced image, such as translucent and art papers, papers for optical scanning, and other specialized applications. Neenah Paper, Inc. markets its products under the JET-PRO, SofStretch, KIMDURA, MUNISING LP, PREVAIL, NEENAH, GESSNER, varitess, CRANE'S CREST, CRANE'S BOND, CRANE'S LETTRA, SO...SILK, PLIKE, STARDREAM, ENVIRONMENT, CAPITOL BOND, ROYAL SUNDANCE, SOUTHWORTH, CLASSIC, CLASSIC CREST, ESSE ENVIRONMENT, ROYAL SUNDANCE, ASTROBRIGHTS, and EXACT BRIGHTS brands. The company sells its fine paper products through authorized paper distributors, converters, and direct sales. Neenah Paper, Inc. was founded in 2004 and is headquartered in Alpharetta, Georgia.

2,000 Employees
Last Reported Date: 02/27/15
Founded in 2004

neenah paper inc (NQI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $600.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $330.0K
Senior Vice President and Managing Director o...
Total Annual Compensation: $323.5K
Senior Vice President of Fine Paper & Technic...
Total Annual Compensation: $300.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $290.0K
Compensation as of Fiscal Year 2013.

neenah paper inc (NQI) Key Developments

Neenah Paper Seeks Acquisitions

Neenah Paper, Inc. (NYSE:NP) is looking for acquisition. John O'Donnell, Chief Executive Officer of Neenah Paper, states, "We expect to expand in these areas both organically and through acquisitions."

Neenah Paper, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for 2015

Neenah Paper, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net income of $26.9 million or $1.57 diluted per share from continuing operations compared with the prior-year period's $13.1 million or $0.78 diluted per share from continuing operations. Operating income was $16.5 million against $22.6 million a year ago. Income from continuing operations was $26.9 million against $13.1 million a year ago. Net sales were $216.6 million against $204.9 million a year ago. Adjusted operating income was $21.2 million compared with $22.6 million in the fourth quarter of 2013. Lower income in 2014 reflected higher costs related to the extended annual down at the German filtration plant, as well as higher SG&A and input costs that combined more than offset benefits of higher volumes and net prices. Cash provided from operations was $21.9 million compared with $19.0 million in the fourth quarter of 2013. Higher cash flow in 2014 resulted primarily from reductions in working capital achieved in 2014 compared to an increase in working capital the prior year. Capital spending was $12.7 million compared with $8.3 million in the prior year period. Higher spending in 2014 was partly due to the extended annual maintenance down at filtration plant in Germany. Net debt (debt less cash) was $161.7 million, decreased $0.7 million compared with the end of the third quarter of 2014. Adjusted Income was $12.8 million against $13.1 million a year ago. Adjusted earnings per share were $0.75 against $0.78 a year ago. Income from continuing operations before Income taxes was $13.8 million against $19.9 million a year ago. For the full year, the company reported net income of $68.7 million or $4.03 diluted per share from continuing operations compared with the prior-year period's $52.0 million or $2.96 diluted per share from continuing operations. Operating income was $87.5 million against $83.8 million a year ago. Income from continuing operations was $68.7 million against $49.4 million a year ago. Net sales were $902.7 million against $844.5 million a year ago. Adjusted operating income was $94.1 million compared with $85.1 million in the fourth quarter of 2013. Adjusted Income was $55.9 million against $48.8 million a year ago. Adjusted earnings per share were $3.28 against $2.93 a year ago. Income from continuing operations before Income taxes was $76.4 million against $72.8 million a year ago. Cash provided by operating activities was $94.5 million against $83.5 million a year ago. Capital expenditures were $27.9 million against $28.7 million a year ago. Capital spending was $27.9 million in 2014 was relatively flat compared with $28.7 million in 2013. Net debt (debt less cash) in December increased $23.2 million compared with year end 2013. The increase in net debt in 2014 was used to finance the North American filtration acquisition acquired for $72 million in July 2014. For the 2015, the company expects a weaker euro will result in lower translated USD from European operations. Compared with an average rate in 2014 of $1.33, every 10 cent decline in the euro reduces translated sales and pre-tax income by approximately $25 and $2.5 million, respectively. The effective tax rate is expected to be 37% until the tax law for 2015 R&D credits is renewed. If renewed, the full year rate including these credits is expected to be 35%. Capital spending will be maintained between 3% to 5% of net sales. In 2015, spending is expected to be at the high end of this range (around $45 million) as a result of a planned investment in advanced solvent-saturated transportation filtration capacity in North America.

Neenah Paper, Inc. Declares Regular Quarterly Cash Dividend, Payable on March 3, 2015

Neenah Paper, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.30 per share on the company's common stock. The dividend will be payable on March 3, 2015 to stockholders of record as of close of business on February 13, 2015. The new dividend rate of $0.30 per share, announced on November 18, 2014, represents an increase of 11% compared to the prior dividend rate of $0.27 per share.

 

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Industry Analysis

NQI

Industry Average

Valuation NQI Industry Range
Price/Earnings 15.0x
Price/Sales 1.1x
Price/Book 3.5x
Price/Cash Flow 14.6x
TEV/Sales 0.8x
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