Quanex Building Products (NX)
Market Price (12/18/2025): $15.815 | Market Cap: $719.5 MilSector: Industrials | Industry: Building Products
Quanex Building Products (NX)
Market Price (12/18/2025): $15.815Market Cap: $719.5 MilSector: IndustrialsIndustry: Building Products
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 44% | Weak multi-year price returns2Y Excs Rtn is -93%, 3Y Excs Rtn is -99% | Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.5% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -34% | Key risksNX key risks include [1] major integration and operational failures from its Tyman acquisition, Show more. | |
| Attractive yieldDividend Yield is 2.3% | ||
| Megatrend and thematic driversMegatrends include Sustainable Resource Management, and Sustainable & Green Buildings. Themes include Green Building Materials, and Energy Efficient Building Materials. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 44% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -34% |
| Attractive yieldDividend Yield is 2.3% |
| Megatrend and thematic driversMegatrends include Sustainable Resource Management, and Sustainable & Green Buildings. Themes include Green Building Materials, and Energy Efficient Building Materials. |
| Weak multi-year price returns2Y Excs Rtn is -93%, 3Y Excs Rtn is -99% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.5% |
| Key risksNX key risks include [1] major integration and operational failures from its Tyman acquisition, Show more. |
Valuation, Metrics & Events
NX Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Here are the key points explaining the approximate -24.6% movement in Quanex Building Products (NX) stock from August 31, 2025, to December 18, 2025:
1. Large Goodwill Impairment in Q3 Fiscal Year 2025: Quanex Building Products reported a significant net loss for the full fiscal year 2025, primarily driven by a substantial non-cash goodwill impairment of $302.3 million recorded in the third quarter, which was reported around September 4, 2025. This news led to a notable decline in the stock price, with shares falling 13.06% on the day of the announcement.
2. Macroeconomic Uncertainty and Low Consumer Confidence: The company experienced demand headwinds due to ongoing macroeconomic uncertainty and low consumer confidence. This negatively impacted volumes, particularly in the extruded solutions segment and across European and international markets.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NX Return | 33% | 13% | -3% | 31% | -20% | -32% | 4% |
| Peers Return | 10% | 17% | -33% | 58% | -7% | -34% | -16% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 14% | 108% |
Monthly Win Rates [3] | |||||||
| NX Win Rate | 67% | 42% | 50% | 58% | 58% | 42% | |
| Peers Win Rate | 67% | 55% | 35% | 55% | 48% | 42% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| NX Max Drawdown | -52% | -7% | -26% | -20% | -24% | -53% | |
| Peers Max Drawdown | -56% | -12% | -43% | -4% | -20% | -45% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: JELD, APOG, AMWD, MAS, FBIN. See NX Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/17/2025 (YTD)
How Low Can It Go
| Event | NX | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -36.3% | -25.4% |
| % Gain to Breakeven | 57.0% | 34.1% |
| Time to Breakeven | 336 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -58.1% | -33.9% |
| % Gain to Breakeven | 138.6% | 51.3% |
| Time to Breakeven | 201 days | 148 days |
| 2018 Correction | ||
| % Loss | -48.6% | -19.8% |
| % Gain to Breakeven | 94.7% | 24.7% |
| Time to Breakeven | 757 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -70.9% | -56.8% |
| % Gain to Breakeven | 244.1% | 131.3% |
| Time to Breakeven | 409 days | 1,480 days |
Compare to CDE, CENX, KALU, TT, JCI
In The Past
Quanex Building Products's stock fell -36.3% during the 2022 Inflation Shock from a high on 5/10/2021. A -36.3% loss requires a 57.0% gain to breakeven.
Preserve Wealth
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Asset Allocation
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Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select past ideas related to NX. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 19.8% | 19.8% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.2% | 2.2% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 5.9% | 5.9% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 4.2% | 4.2% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 1.5% | 1.5% | 0.0% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 19.8% | 19.8% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.2% | 2.2% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 5.9% | 5.9% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 4.2% | 4.2% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 1.5% | 1.5% | 0.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Quanex Building Products
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 45.94 |
| Mkt Cap | 0.9 |
| Rev LTM | 2,571 |
| Op Inc LTM | 104 |
| FCF LTM | 84 |
| FCF 3Y Avg | 115 |
| CFO LTM | 132 |
| CFO 3Y Avg | 174 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -3.7% |
| Rev Chg 3Y Avg | -2.3% |
| Rev Chg Q | -1.9% |
| QoQ Delta Rev Chg LTM | -0.5% |
| Op Mgn LTM | 6.0% |
| Op Mgn 3Y Avg | 7.9% |
| QoQ Delta Op Mgn LTM | -0.8% |
| CFO/Rev LTM | 8.0% |
| CFO/Rev 3Y Avg | 10.5% |
| FCF/Rev LTM | 5.2% |
| FCF/Rev 3Y Avg | 7.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.9 |
| P/S | 0.6 |
| P/EBIT | 11.5 |
| P/E | 16.6 |
| P/CFO | 9.6 |
| Total Yield | 6.7% |
| Dividend Yield | 1.8% |
| FCF Yield 3Y Avg | 6.7% |
| D/E | 0.4 |
| Net D/E | 0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 16.9% |
| 3M Rtn | -9.1% |
| 6M Rtn | 6.7% |
| 12M Rtn | -36.0% |
| 3Y Rtn | -2.9% |
| 1M Excs Rtn | 16.2% |
| 3M Excs Rtn | -11.2% |
| 6M Excs Rtn | -5.7% |
| 12M Excs Rtn | -48.9% |
| 3Y Excs Rtn | -72.1% |
Comparison Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 12/11/2025 | 9.5% | ||
| 9/4/2025 | -13.1% | -27.0% | -29.2% |
| 6/5/2025 | 10.6% | 16.6% | 21.6% |
| 3/10/2025 | -9.2% | -2.4% | -20.1% |
| 12/12/2024 | -2.4% | -19.8% | -17.3% |
| 9/5/2024 | 21.8% | 8.2% | 10.1% |
| 6/6/2024 | 4.0% | -4.4% | -13.3% |
| 3/7/2024 | -2.4% | 0.8% | 11.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 12 | 11 |
| # Negative | 8 | 12 | 13 |
| Median Positive | 5.5% | 5.7% | 11.3% |
| Median Negative | -8.6% | -10.3% | -12.4% |
| Max Positive | 23.4% | 28.4% | 27.9% |
| Max Negative | -16.8% | -27.0% | -43.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 10312025 | 12122025 | 10-K 10/31/2025 |
| 7312025 | 9052025 | 10-Q 7/31/2025 |
| 4302025 | 6062025 | 10-Q 4/30/2025 |
| 1312025 | 3112025 | 10-Q 1/31/2025 |
| 10312024 | 12162024 | 10-K 10/31/2024 |
| 7312024 | 9062024 | 10-Q 7/31/2024 |
| 4302024 | 6072024 | 10-Q 4/30/2024 |
| 1312024 | 3082024 | 10-Q 1/31/2024 |
| 10312023 | 12152023 | 10-K 10/31/2023 |
| 7312023 | 9012023 | 10-Q 7/31/2023 |
| 4302023 | 6022023 | 10-Q 4/30/2023 |
| 1312023 | 3102023 | 10-Q 1/31/2023 |
| 10312022 | 12162022 | 10-K 10/31/2022 |
| 7312022 | 9022022 | 10-Q 7/31/2022 |
| 4302022 | 6032022 | 10-Q 4/30/2022 |
| 1312022 | 3042022 | 10-Q 1/31/2022 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |