Neo Performance Materials - Stock

Neo Performance Materials P/E 2024

Neo Performance Materials P/E

17.52

Ticker

NEO.TO

ISIN

CA64046G1063

WKN

A2H9KJ

As of Jul 7, 2024, Neo Performance Materials's P/E ratio was 17.52, a -154.53% change from the -32.13 P/E ratio recorded in the previous year.

The Neo Performance Materials P/E history

Neo Performance Materials Aktienanalyse

What does Neo Performance Materials do?

Neo Performance Materials Inc is a Canadian company specializing in the manufacturing and selling of specialized materials and alloys. The company was founded in 1986 as a division of Molycorp Inc. and has since become one of the leading manufacturers of innovative material solutions worldwide. Their business model is based on the development and production of products using rare earth elements, metals, alloys, and other critical materials. They work closely with their customers to provide tailored solutions and meet their needs. The company's offerings include a magnetic materials division, a chemical division, and a metals division. The products are of high quality and distributed globally. The company focuses on technology and innovation, collaborating with research institutes, universities, and industrial partners. In summary, Neo Performance Materials Inc is a customer-centric, innovative company offering targeted products in various industries, with a history of success and a commitment to quality and innovation. Neo Performance Materials ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Neo Performance Materials's P/E Ratio

The Price to Earnings (P/E) Ratio of Neo Performance Materials is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Neo Performance Materials's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Neo Performance Materials is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Neo Performance Materials’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Neo Performance Materials stock

What is the price-to-earnings ratio of Neo Performance Materials?

The price-earnings ratio of Neo Performance Materials is currently 17.52.

How has the price-earnings ratio of Neo Performance Materials changed compared to last year?

The price-to-earnings ratio of Neo Performance Materials has increased by -154.53% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Neo Performance Materials high compared to other companies?

Yes, the price-to-earnings ratio of Neo Performance Materials is high compared to other companies.

How does an increase in the price-earnings ratio of Neo Performance Materials affect the company?

An increase in the price-earnings ratio of Neo Performance Materials would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Neo Performance Materials affect the company?

A decrease in the price-earnings ratio of Neo Performance Materials would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Neo Performance Materials?

Some factors that influence the price-earnings ratio of Neo Performance Materials are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Neo Performance Materials pay?

Over the past 12 months, Neo Performance Materials paid a dividend of 0.4 USD . This corresponds to a dividend yield of about 4.91 %. For the coming 12 months, Neo Performance Materials is expected to pay a dividend of 0.41 USD.

What is the dividend yield of Neo Performance Materials?

The current dividend yield of Neo Performance Materials is 4.91 %.

When does Neo Performance Materials pay dividends?

Neo Performance Materials pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Neo Performance Materials?

Neo Performance Materials paid dividends every year for the past 9 years.

What is the dividend of Neo Performance Materials?

For the upcoming 12 months, dividends amounting to 0.41 USD are expected. This corresponds to a dividend yield of 5.02 %.

In which sector is Neo Performance Materials located?

Neo Performance Materials is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Neo Performance Materials kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Neo Performance Materials from 6/27/2024 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did Neo Performance Materials pay the last dividend?

The last dividend was paid out on 6/27/2024.

What was the dividend of Neo Performance Materials in the year 2023?

In the year 2023, Neo Performance Materials distributed 0.4 USD as dividends.

In which currency does Neo Performance Materials pay out the dividend?

The dividends of Neo Performance Materials are distributed in USD.

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Andere Kennzahlen von Neo Performance Materials

Our stock analysis for Neo Performance Materials Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Neo Performance Materials Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.