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Neo Performance Materials (TSX:NEO) Book Value per Share : C$13.77 (As of Mar. 2024)


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What is Neo Performance Materials Book Value per Share?

Neo Performance Materials's book value per share for the quarter that ended in Mar. 2024 was C$13.77.

During the past 12 months, Neo Performance Materials's average Book Value Per Share Growth Rate was -11.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Neo Performance Materials was 3.70% per year. The lowest was -2.80% per year. And the median was -1.70% per year.

Neo Performance Materials's current price is C$6.61. Its book value per share for the quarter that ended in Mar. 2024 was C$13.77. Hence, today's PB Ratio of Neo Performance Materials is 0.48.

During the past 8 years, the highest P/B Ratio of Neo Performance Materials was 1.75. The lowest was 0.38. And the median was 0.84.


Neo Performance Materials Book Value per Share Historical Data

The historical data trend for Neo Performance Materials's Book Value per Share 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.

Neo Performance Materials Book Value per Share Chart

Neo Performance Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial 14.79 12.38 13.46 14.26 13.80

Neo Performance Materials Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share 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 15.60 13.26 13.82 13.80 13.77

Competitive Comparison of Neo Performance Materials's Book Value per Share

For the Specialty Chemicals subindustry, Neo Performance Materials's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Neo Performance Materials's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Neo Performance Materials's PB Ratio distribution charts can be found below:

* The bar in red indicates where Neo Performance Materials's PB Ratio falls into.



Neo Performance Materials Book Value per Share Calculation

Neo Performance Materials's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(579.8-0.0)/42.0
=13.80

Neo Performance Materials's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(574.8-0.0)/41.8
=13.77

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Neo Performance Materials  (TSX:NEO) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Neo Performance Materials Book Value per Share Related Terms

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Neo Performance Materials (TSX:NEO) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 1740, Toronto, ON, CAN, M5H 3T9
Neo Performance Materials Inc is engaged in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. Its operating segments include Magnequench, Chemicals & Oxides, Rare Metals, and Corporate. The Magnequench segment produces magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron magnets. The Chemicals & Oxides segment manufactures and distributes a broad range of industrial materials. The Rare Metals segment produces specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. Its geographical segments are Asia, North America, Europe, and Others.
Executives
Rahim Suleman Director, Senior Officer