Quanex Building Products

NYSE NX

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Quanex Building Products Return on Tangible Equity (ROTE) 5 year CAGR for the Trailing 12 Months (TTM) ending January 31, 2024: -20.18%

Quanex Building Products Return on Tangible Equity (ROTE) 5 year CAGR is -20.18% for the Trailing 12 Months (TTM) ending January 31, 2024, a -7.75% change year over year. Return on tangible equity measures the profitability of a company relative to its tangible equity, which is shareholders' equity minus goodwill and intangible assets. It is calculated by dividing the net income by the tangible equity. This ratio indicates the return generated for each unit of tangible equity invested by the shareholders. A higher return on tangible equity suggests better profitability and value creation for the shareholders' tangible investment. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Quanex Building Products Return on Tangible Equity (ROTE) for the Trailing 12 Months (TTM) ending January 31, 2023 was 8.31%, a -2.79% change year over year.
Quanex Building Products Return on Tangible Equity (ROTE) for the Trailing 12 Months (TTM) ending January 31, 2022 was 8.55%, a -20.13% change year over year.
Quanex Building Products Return on Tangible Equity (ROTE) for the Trailing 12 Months (TTM) ending January 31, 2021 was 10.71%, a 165.53% change year over year.
Quanex Building Products Return on Tangible Equity (ROTE) for the Trailing 12 Months (TTM) ending January 31, 2020 was -16.34%, a -352.23% change year over year.

NYSE: NX

Quanex Building Products

CEO	Mr. George L. Wilson
IPO Date	Dec. 30, 1987
Location	United States
Headquarters	1800 West Loop South, Houston, TX, United States, 77027
Employees	3,792
Sector	Industrials
Industry	Building products & equipment

Description

Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry in the United States, rest of Europe, Canada, Asia, the United Kingdom, and internationally. The company operates through three segments: North American Fenestration, European Fenestration, and North American Cabinet Components. It offers flexible insulating glass spacers, extruded vinyl profiles, window and door screens, and precision-formed metal and wood products, as well as cabinet doors and other components for original equipment manufacturers (OEMs) in the kitchen and bathroom cabinet industry. In addition, the company provides various non-fenestration components and products, including solar panel sealants, trim moldings, vinyl decking, fencing, water retention barriers, and conservatory roof components. It sells its products to OEMs in the building products industry through sales representatives, direct sales force, distributors, and independent sales agents. Quanex Building Products Corporation was founded in 1927 and is based in Houston, Texas.

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