NX
Quanex Building Products Corporation
NX's fundamentals are strong, but it looks expensive: trading at 18x earnings, above its usual 13x. Analysts expect strong earnings growth.
NX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
NX's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.
NX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9.8x | $19.34 | — |
| Cheap | 11x | $11.12 | -42% |
| Fair | 13x | $13.42 | -31% |
| Current | 18x | $19.34 | — |
| Expensive | 21x | $21.85 | +13% |
Historical ranges are pointers, not guarantees.
NX's PE is in its expensive range at 18x. If earnings grow as analysts expect, today's price would be 9.8x next year's earnings, in its cheap range.
NX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect NX's earnings to grow and its profitability to improve, with its revenue holding steady.
NX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.98 | +88% |
| Q3 2026 | $1.05 | +$7.49 |
| Q2 2026 | -$5.57 | -1605% |
| Q1 2026 | -$5.20 | -1433% |
| Q4 2025 | -$5.43 | -703% |
| Q3 2025 | -$6.44 | -386% |
| Q2 2025 | $0.37 | -85% |
| Q1 2025 | $0.39 | -85% |
| Q4 2024 | $0.90 | -64% |
NX has returned to profit: it earned $1.05 per share over the past year, after losing money the year before.
NX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $501.8M | +1.3% |
| Q2 2026 | $462.4M | +2.2% |
| Q1 2026 | $409.1M | +2.3% |
| Q4 2025 | $489.8M | -0.5% |
| Q3 2025 | $495.3M | +77% |
| Q2 2025 | $452.5M | +70% |
| Q1 2025 | $400M | +67% |
| Q4 2024 | $492.2M | +67% |
NX's revenue has held roughly level: $502M last quarter, up 1.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.3% | +64 points |
| Q2 2026 | 4% | -5 points |
| Q1 2026 | 0.7% | +2.4 points |
| Q4 2025 | 8.8% | +8.2 points |
| Q3 2025 | -55% | -63 points |
| Q2 2025 | 9% | +1.3 points |
| Q1 2025 | -1.7% | -5 points |
| Q4 2024 | 0.6% | -13 points |
NX's operating margin was 9.3% last quarter, up 64 points from the same quarter a year ago.
NX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $47.8M | +3.5% |
| Q2 2026 | $7.9M | -42% |
| Q1 2026 | -$31.5M | -$7.4M |
| Q4 2025 | $66.6M | +$74.8M |
| Q3 2025 | $46.2M | +15% |
| Q2 2025 | $13.6M | -47% |
| Q1 2025 | -$24.1M | -$18.4M |
| Q4 2024 | -$8.2M | -128% |
NX generated $91M in free cash flow over the past year, about three times what it generated the year before.
NX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -10K shares |
| 1 year | -0.1% | -43K shares |
| 3 years | +38% | +12.6M shares |
| 5 years | +36% | +12M shares |
| Available history | +38% | +12.7M shares |
NX has 46M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.7M |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $3.1M |
| Q3 2025 | $2.1M |
| Q2 2025 | $23.5M |
| Q1 2025 | $3.7M |
| Q4 2024 | — |
NX spent $5M buying back its own shares over the past year, down 84% from the year before.
NX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.9x | Moderate |
| Q2 2025 | 5.0x | High |
| Q1 2025 | 6.2x | High |
| Q4 2024 | 5.8x | High |
| Q3 2024 | -0.3x | Net Cash |
| Q2 2024 | -0.0x | Net Cash |
| Q1 2024 | 0.1x | Very low |
| Q4 2023 | 0.1x | Very low |
NX's net debt is about 2.9 years of its operating earnings (EBITDA), after holding more cash than debt a year ago.
NX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.9 | Neutral |
| Stochastic | 46.9 | Neutral |
NX's weekly RSI is 50 (neutral) and its Stochastic is 47 (neutral).
NX PE vs Industrials Sector
| Metric | NX | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 23% below |
| PE % | 74 | 58 | 16 pts above |
NX is trading at 18x earnings, a 23% discount to the Industrials sector's median of 24x.
NX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $19.6 | 1.2% below |
| 20 week MA | $19.7 | 1.6% below |
| 50 week MA | $18.7 | 3.3% above |
| 100 week MA | $18.6 | 4% above |
| 200 week MA | $23.6 | 18% below |
NX's trend is mixed: it's above two of its five weekly moving averages, and 18% below its 200-week average.
NX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.3 | $22.6 | +30% |
| 2021 | $22.6 | $24.5 | +8.8% |
| 2022 | $24.5 | $23.8 | -3.2% |
| 2023 | $23.8 | $30.6 | +29% |
| 2024 | $30.6 | $24.5 | -20% |
| 2025 | $24.5 | $15.3 | -37% |
| 2026 YTD | $15.3 | $19.3 | +26% |
NX has finished lower in three of the last six years. It's up 26% so far in 2026.