Neo Performance Materials Inc trades with the ticker NEO on the TSX and is in the Specialty Chemicals industry.
Overview
Neo Performance Materials Inc. engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets. Its powders are used in the production of bonded permanent magnets that are components in automotive motors, micro motors, traction motors, sensors, and other applications. The Chemicals and Oxides segments manufactures and distributes a range of industrial materials for use in auto catalysts, consumer electronics, petroleum refining, hybrid and electric vehicles, and municipal and industrial wastewater treatment applications. The Rare Metals segment sources, produces, reclaims, refines, and markets high-temperature metals that include tantalum, niobium, hafnium, and rhenium; and electronic metals, such as gallium and indium for jet engines, medical imaging, wireless technologies, and LED lightings, as well as flat panel displays, solar, steel additives, batteries, and electronic applications. The company was founded in 1994 and is headquartered in Toronto, Canada.
Looking to invest in Neo Performance Materials Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
Table of Contents
show
NEO.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $294.853MM
PE Ratio:
Price: 15.93 (Updated: 3/12/2024 0:47:16)
Neo Performance Materials Inc (NEO) vs Competitors in Specialty Chemicals
Lets see how NEO.TO stacks up against others in the Specialty Chemicals asset management industry. We have identified its main peers as:Allbanc Split Corp. II, AirBoss of America Corp, EcoSynthetix Inc, 5N Plus Inc
.Specialty Chemicals Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Allbanc Split Corp. II (ALB) | $28.105 | N/A | 0.0 | 2.3% |
| AirBoss of America Corp (BOS) | $141.079 | N/A | -24.944 | 5.4% |
| EcoSynthetix Inc (ECO) | $280.148 | N/A | -72.916 | N/A% |
| Neo Performance Materials Inc (NEO) | $294.853 | N/A | 8.586 | 5.8% |
| 5N Plus Inc (VNP) | $406.268 | 19.913 | 12.447 | N/A% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Specialty Chemicals
- Neo Performance Materials Inc (NEO) vs Allbanc Split Corp. II (ALB)
- NEO has higher EPS (-0.47 vs -3.077). NEO has higher dividend yield (5.8% vs 2.3%). ALB and NEO both have P/E’s under 0.
- Neo Performance Materials Inc (NEO) vs AirBoss of America Corp (BOS)
- NEO has higher EPS (-0.47 vs -2.07). NEO has higher dividend yield (5.8% vs 5.4%). BOS and NEO both have P/E’s under 0.
- Neo Performance Materials Inc (NEO) vs EcoSynthetix Inc (ECO)
- ECO has higher EPS (-0.07 vs -0.47). NEO provides dividends, while ECO does not. ECO and NEO both have P/E’s under 0.
- Neo Performance Materials Inc (NEO) vs 5N Plus Inc (VNP)
- VNP has higher EPS (0.23 vs -0.47). NEO provides dividends, while VNP does not. NEO has a P/E under 0, indicating VNP (P/E 19.913) is in a better position.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
How to Buy NEO stock on the TSX
You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
