Event-Driven Stocks

Neenah Inc

Materials · Paper Mills · DE · SEC filings ↗ · Compare ⊕

Signs3 good4 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY21FY20FY19FY18FY17FY16
Revenue$1.03B$792.6M$938.5M$1.03B$979.9M$941.5M
Operating income−$11.8M−$6.1M$78.3M$54.1M$104.3M$114.1M
Net income−$24.9M−$15.8M$55.4M$36.4M$80.3M$73.0M
Total assets$1.08B$806.6M$827.8M$861.2M$904.4M$765.6M
Total liabilities$765.7M$439.0M$421.5M$471.0M$504.5M$427.3M
Equity$316.0M$367.6M$406.3M$390.2M$399.9M$338.3M
EPS (diluted)$-1.49$-0.96$3.26$2.12$4.68$4.24
Shares out.16.8M16.8M16.9M16.9M16.8M16.7M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2021
Operating margin
−1.1%
Net margin
−2.4%
Return on equity
−7.9%
Return on assets
−2.3%
Return on capital (ROCE)
−1.3%
Liabilities / assets
70.8%
Debt / equity
2.42×
Book value / share
$18.77
Revenue growth (YoY)
29.8%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2021
Altman Z″ (distress)
1.90grey zone
Accruals / assets
7.2%clean
Beneish M-Score
-2.21normal
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
57
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

1 severe4 warning3 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Altman Z″ in the grey zone
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Insider transactions

SEC Form 4 · most recent
0 acquisitions12 disposalsnet 64,074 shares · last 12
InsiderDateTypeSharesPrice
Cook William MDirectorJul 6, 2022D9,131
Thene Tony RDirectorJul 6, 2022D5,542
Moore Philip CDirectorJul 6, 2022D18,075
Desantis Paul FOfficer — EVP, CFO &amp; TreasurerJul 6, 2022D2,691
Benz Noah SamuelOfficer — EVP, General Counsel &amp; SecJul 6, 2022D1,628
Rickheim Michael WOfficer — EVP, CHRO &amp; CAOJul 6, 2022D1,411
Dano Margaret SDirectorJul 6, 2022D3,845
Shannon Kingsley E.Officer — EVP, President - Fine PaperJul 6, 2022D1,738
Debrock Kimberly AnnOfficer — VP, Controller &amp; CAOJul 6, 2022D984
Schertell JulieOfficer — President and CEOJul 6, 2022D14,427
Free Jason TOfficer — EVP, OperationsJul 6, 2022D736
Costello DonnaDirectorJul 6, 2022D3,866

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Corporate family

Spun off from Kimberly-ClarkKMB · Nov 30, 2004

From the spin-off filings we track. Follow a company to walk its own history.

Event-driven situations (2)

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