NEO PERFORMANCE MATERIALS INC chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 15.33
Dividend & Yield0.40C$ (3.75%)
Beta 1.31
Market capitalization 480.35M
Operating cash flow -17.12M
ESG Scores unknown

Company description

Neo Performance Materials Inc. manufactures and sells 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, petroleum refining and other chemical catalysts, magnets, hybrid and electric vehicles, water treatment, consumer electronics, and other 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. Its products are applied in super alloys 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.

Sector: Basic Materials - Industry: Specialty Chemicals

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -10.98M -4.54M 19.25M 16.77M
Total Cashflows From Investing Activities -1.93M -22.89M -7.36M -7.01M
Net Borrowings 3.8M -5.04M 432k 2.31M
Total Cash From Financing Activities -13.43M -34.59M -17.91M 26.2M
Change To Operating Activities -8.31M 5.24M 1.1M -4.77M
Issuance Of Stock 38.4M 38.4M 38.4M 38.4M
Net Income 40.8M 22.92M -57.93M 35.18M
Change In Cash -25.79M 13.72M -12.51M 16.81M
Effect Of Exchange Rate -1.69M -93k 2.48M -220k
Total Cash From Operating Activities -8.74M 71.3M 10.29M -2.16M
Depreciation 16.72M 18M 17.18M 15.87M
Change To Account Receivables -5.02M 5.24M -6.61M -13.33M
Other Cashflows From Financing Activities -1.75M -1.15M -3.73M -1.7M
Change To Netincome -8.48M 1.39M 52.85M 17.53M
Capital Expenditures -12.71M -11.21M -7.28M -9.16M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 16.84M 14.33M 13.86M 19.86M
Income Before Tax 53.6M 33.16M -58.45M 45.62M
Net Income 40.8M 22.92M -57.93M 35.18M
Selling General Administrative 47.59M 43.66M 48.55M 57.13M
Gross Profit 129.83M 113.55M 88.32M 157.99M
Ebit 45.25M 36.79M 7M 60.61M
Operating Income 45.25M 36.79M 7M 60.61M
Interest Expense -10k -10k -3.55M -198k
Income Tax Expense 12.46M 10.09M 1.64M 9.58M
Total Revenue 454.19M 407.46M 346.69M 539.25M
Cost Of Revenue 324.36M 293.91M 258.38M 381.26M
Total Other Income ExpenseNet 8.36M -3.63M -65.45M -14.99M
Net Income From Continuing Ops 41.14M 23.07M -60.09M 36.04M
Net Income Applicable To Common Shares 40.8M 22.92M -57.93M 35.18M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 105.85M 102.6M 123.06M 163.57M
Total Stockholder Equity 432.42M 424.64M 362M 427.62M
Other Current Liabilities 16.87M 16.67M 15.94M 28.78M
Total Assets 543.02M 531.23M 486.54M 594.08M
Common Stock 40k 38k 37k 41k
Other Current Assets 22.2M 18.41M 18.52M 20.49M
Retained Earnings 16.13M 27.57M -41.66M -19.25M
Treasury Stock -4.41M -6.74M 2.84M 7.04M
Cash 71.02M 84.73M 72.22M 89.04M
Total Current Liabilities 78.78M 74.53M 98.77M 131.07M
Other Stockholder Equity -4.41M -6.74M 2.84M 7.04M
Property, Plant, and Equipment 86.96M 94.49M 74.32M 73.38M
Total Current Assets 279.46M 261.8M 275.65M 377.36M
Net Tangible Assets 266.33M 260.32M 239.38M 307.58M
Net Receivables 49.89M 45.76M 54.04M 66.88M
Accounts Payable 57.27M 55.13M 77.05M 90.18M


Insider Transactions

Here are the insider transactions of stock shares related to NEO PERFORMANCE MATERIALS INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Oaktree Capital Management L PAcquisition or disposition carried out privately at price 10.91 per share.I2022-10-1310% Security Holder of Issuer8.97M
HTM Investments (One) Pty Ltd.D2022-10-1310% Security Holder of Issuer
Hogan, Jeffrey RobertD2022-09-16Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)1.18k
Timmerman (Frank)D2022-09-16Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)416
Suleman (Rahim)D2022-09-16Senior Officer of Issuer1.24k
Kroll (Gregory)D2022-09-16Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)1.21k
Morris (Kevin D.)D2022-09-16Senior Officer of Issuer1.33k
Kennedy (Claire Marie Catherine)Acquisition or disposition under a prospectus at price 11.31 per share.D2022-09-16Director of Issuer3.33k
Karayannopoulos (Constantine Efthymios)D2022-09-16Director of Issuer2.65k
Kroll (Gregory)Acquisition or disposition in the public market at price 9.86 per share.D2022-06-28Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)9.3k
Kroll (Gregory)Acquisition or disposition in the public market at price 10.02 per share.D2022-06-28Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)2.6k
Kroll (Gregory)Acquisition or disposition in the public market at price 9.94 per share.D2022-06-27Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)23.97k
Kroll (Gregory)Acquisition or disposition in the public market at price 9.90 per share.D2022-06-27Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)300
Suleman (Rahim)Acquisition or disposition in the public market at price 8.66 per share.D2022-06-23Senior Officer of Issuer9.2k
Karayannopoulos (Constantine Efthymios)Acquisition or disposition in the public market at price 9.21 per share.D2022-06-16Director of Issuer4.8k
Suleman (Rahim)Acquisition or disposition in the public market at price 9.30 per share.D2022-06-14Senior Officer of Issuer25k
Karayannopoulos (Constantine Efthymios)Acquisition or disposition in the public market at price 9.26 per share.D2022-06-14Director of Issuer1.5k
Karayannopoulos (Constantine Efthymios)Acquisition or disposition in the public market at price 9.16 per share.D2022-06-14Director of Issuer2k
Suleman (Rahim)Acquisition or disposition in the public market at price 9.50 per share.D2022-06-13Senior Officer of Issuer8.6k
Suleman (Rahim)Acquisition or disposition in the public market at price 9.47 per share.D2022-06-13Senior Officer of Issuer16.4k
Kennedy (Claire Marie Catherine)Acquisition or disposition in the public market at price 10.36 per share.I2022-05-31Director of Issuer3.5k
Suleman (Rahim)Acquisition or disposition in the public market at price 9.68 per share.D2022-05-30Senior Officer of Issuer10k
Karayannopoulos (Constantine Efthymios)Acquisition or disposition in the public market at price 10.09 per share.D2022-05-18Director of Issuer7.6k
Oaktree Capital Management L PAcquisition or disposition under a prospectus at price 15.33 per share.I2021-11-1610% Security Holder of Issuer2.63M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to NEO PERFORMANCE MATERIALS INC. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on NEO PERFORMANCE MATERIALS INC

Here is the result of two systematic investment strategies applied to NEO PERFORMANCE MATERIALS INC. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on NEO PERFORMANCE MATERIALS INC

The following chart shows the equity curve of the two systematic investment strategies applied to NEO PERFORMANCE MATERIALS INC:

NEO PERFORMANCE MATERIALS INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 1.21% on the backtest period.

Performance at glance

Performance

1.21 %

Latent gain

18.14 C$

Invested capital

1501.69 C$

Annualized return

0.29 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on NEO PERFORMANCE MATERIALS INC

This is the result of two momentum investment strategies applied to NEO PERFORMANCE MATERIALS INC. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on NEO PERFORMANCE MATERIALS INC

The following chart shows all the entries opened by the momentum investment system on NEO PERFORMANCE MATERIALS INC:

NEO PERFORMANCE MATERIALS INC momentum entries
  • The first momentum investment strategy would give 2.51% of return on NEO PERFORMANCE MATERIALS INC. That represents 100.43C$ of latent gain with 4004.41C$ of employed capital.
  • The second momentum investment strategy would give 7.7% of return on NEO PERFORMANCE MATERIALS INC. That represents 191.26C$ of latent gain with 2484.68C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

2.51 %

Latent gain

100.43 C$

Invested capital

4004.41 C$

Annualized return

-5.77 %
Performance at glance (2Q Momentum)

Performance

7.7 %

Latent gain

191.26 C$

Invested capital

2484.68 C$

Annualized return

2.1 %

Momentum equity curve on NEO PERFORMANCE MATERIALS INC

The following chart shows the equity curve of the two momentum strategies applied to NEO PERFORMANCE MATERIALS INC:

NEO PERFORMANCE MATERIALS INC momentum equity

Note: the dividends potentially given by NEO PERFORMANCE MATERIALS INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NEO PERFORMANCE MATERIALS INC

The following chart shows the employed capital evolution of the two momentum strategies on NEO PERFORMANCE MATERIALS INC since the beginning:

NEO PERFORMANCE MATERIALS INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on NEO PERFORMANCE MATERIALS INC

Buy the dip entry openings on NEO PERFORMANCE MATERIALS INC

NEO PERFORMANCE MATERIALS INC

The performance achieved by the robo-advisor on NEO PERFORMANCE MATERIALS INC is -12.34%. That represents -122.55$ of latent gain with 992.88C$ of employed capital. The following chart shows NEO PERFORMANCE MATERIALS INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of NEO PERFORMANCE MATERIALS INC, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-12.34 %

Latent gain

-122.55 C$

Invested capital

992.88 C$

Annualized return

-5.77 %

Equity curve of the strategy applied to NEO PERFORMANCE MATERIALS INC

The following chart shows the result of the investment strategy applied to NEO PERFORMANCE MATERIALS INC:

NEO PERFORMANCE MATERIALS INC

Note: the dividends potentially given by NEO PERFORMANCE MATERIALS INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NEO PERFORMANCE MATERIALS INC

The following chart shows the employed capital evolution since the beginning of the investment strategy on NEO PERFORMANCE MATERIALS INC:

NEO PERFORMANCE MATERIALS INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on NEO PERFORMANCE MATERIALS INC

In this section, I will compare the three previous investment strategies applied to NEO PERFORMANCE MATERIALS INC.

Equity curve comparison on NEO PERFORMANCE MATERIALS INC

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

NEO PERFORMANCE MATERIALS INC investment strategy comparison

Employed capital comparison on NEO PERFORMANCE MATERIALS INC

NEO PERFORMANCE MATERIALS INC investment comparison

Performance comparison on NEO PERFORMANCE MATERIALS INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 1.21% 18.14C$ 1501.69C$ 0.29%
Momentum 1 quarter 2.51% 100.43C$ 4004.41C$ 0.64%
Momentum 2 quarters 7.7% 191.26C$ 2484.68C$ 2.1%
Non-directional -12.34% -122.55C$ 992.88C$ -5.77%
Annualized return comparison

Automatic investment

0.29 %

Momentum 1Q

2.1 %

Momentum 2Q

2.1 %

Non-directional

-5.77 %

Correlated stocks

Here are the most positively and negatively correlated stocks with NEO PERFORMANCE MATERIALS INC:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • SYNAIRGEN PLC ORD 1P
  • Freshworks Inc Class A

  • Note: The algorithm computes the probability of correlation between NEO PERFORMANCE MATERIALS INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of NEO PERFORMANCE MATERIALS INC does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name NEO PERFORMANCE MATERIALS INC
    Country Canada
    City Toronto
    Address 121 King Street West
    Phone 416-367-8588
    Website www.neomaterials.com
    FullTime employees 1845
    Industry Specialty Chemicals
    Sector Basic Materials
    Exchange XTSE
    Ticker NEO.XTSE
    Market

    NEO PERFORMANCE MATERIALS INC ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown