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NX (Quanex Building Products) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Apr. 2025)


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What is Quanex Building Products Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Quanex Building Products's annualized net income for the quarter that ended in Apr. 2025 was $82 Mil. Quanex Building Products's average shareholder tangible equity for the quarter that ended in Apr. 2025 was $-161 Mil. Therefore, Quanex Building Products's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2025 was Negative Tangible Equity%.

The historical rank and industry rank for Quanex Building Products's Return-on-Tangible-Equity or its related term are showing as below:

NX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -71.34   Med: 38.33   Max: 90.06
Current: 50.13

During the past 13 years, Quanex Building Products's highest Return-on-Tangible-Equity was 90.06%. The lowest was -71.34%. And the median was 38.33%.

NX's Return-on-Tangible-Equity is ranked better than
89.23% of 1681 companies
in the Construction industry
Industry Median: 7.23 vs NX: 50.13

Quanex Building Products Return-on-Tangible-Equity Historical Data

The historical data trend for Quanex Building Products's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Quanex Building Products Return-on-Tangible-Equity Chart

Quanex Building Products Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.71 37.40 39.25 29.98 52.22

Quanex Building Products Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.15 30.99 -62.04 - Negative Tangible Equity

Competitive Comparison of Quanex Building Products's Return-on-Tangible-Equity

For the Building Products & Equipment subindustry, Quanex Building Products's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Quanex Building Products's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Quanex Building Products's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Quanex Building Products's Return-on-Tangible-Equity falls into.


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Quanex Building Products Return-on-Tangible-Equity Calculation

Quanex Building Products's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=33.059/( (288.483+-161.874 )/ 2 )
=33.059/63.3045
=52.22 %

Quanex Building Products's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2025 )  (Q: Jan. 2025 )(Q: Apr. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2025 )  (Q: Jan. 2025 )(Q: Apr. 2025 )
=82.06/( (-177.653+-144.595)/ 2 )
=82.06/-161.124
=Negative Tangible Equity %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Apr. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Quanex Building Products  (NYSE:NX) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Quanex Building Products Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Quanex Building Products's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Quanex Building Products Business Description

Traded in Other Exchanges
Address
945 Bunker Hill Road, Suite 900, Houston, TX, USA, 77024
Quanex Building Products Corp is a manufacturer of components sold to original equipment manufacturers in the building products industry. It manufactures engineered products like window and door components that include flexible insulating glass spacers, extruded vinyl profiles, window and door screens, solar panel sealants and precision-formed metal and wood products among others. Its four operating segments are North American Fenestration being the key revenue driver, European Fenestration, North American Cabinet Components, and Tyman. Geographically, it derives a majority of revenue from the United States.
Executives
George Laverne Wilson officer: Chief Operating Officer 1800 WEST LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Scott M. Zuehlke officer: VP, IR & Treasurer 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Paul Cornett officer: SVP General Counsel, Secretary 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Curtis M Stevens director LOUISIANA-PACIFIC CORPORATION, 414 UNION STREET, SUITE 1910, NASHVILLE TN 37219
Susan F Davis director
William C Griffiths director C/O SPX CORPORATION, 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Karen Ettredge officer: VP, Controller 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Bradley E. Hughes director 2420 BRADWAY BOULEVARD, BLOOMFIELD VILLAGE MI 48301
Jason Lippert director C/O LIPPERT COMPONENTS INC, 2375 TAMIAMI TRAIL NORTH STE 11, NAPLES FL 34103
Kimberley Garcia officer: VP, CHRO 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Meredith W. Mendes director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Joseph D Rupp director QUANEX BUILDING PRODUCTS CORPORATION, 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Waltz William E Jr. director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Kevin P Delaney officer: SVP-Gen. Counsel & Secretary 1900 WEST LOOP SOUTH SUITE 1500, HOUSTON TX 77027
Mark A Livingston officer: VP CAO Controller 2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042