TakeoverPE & activists

NXQuanex Building Products CORP

Rolling Drawing & Extruding Of Nonferrous Metals · $947M market cap · 7,071 employees

0.7×

Less likely than average to be taken private

Top 26% of the Russell 3000 for a buyout by a private-equity firm, holdco or insiders. How it works

Takeover signals

What an activist or buyer would see: cheap, overpaid, diluted or under pressure.

11 other checks
  • TSR below peersNo
    —
    3+ of last 5 years
  • High CEO pay despite TSRNo
    —
    Median CEO pay ≥ $15M while TSR trails
  • Earnings not backed by cashNo
    —
    Cash flow under 80% of net income
  • Dilutive SBCNo
    0% of revenue
    Over 10% of revenue
  • Payouts exceed cash flowNo
    29% of cash flow
    Buybacks + dividends over cash flow
  • Goodwill-heavyNo
    14% of assets
    Over 40% of assets
  • Shareholder dissentNo
    98% lowest support
    Any vote under 80% support
  • Net cashNo
    —
    More cash than debt, positive EBITDA
  • Recurring revenueNo
    2 of 10
    10-K business scored 7+ of 10 for recurring revenue
  • AI-rollup shapedNo
    0 of 10
    10-K business scored 5+ of 10 as an AI-rollup target
  • Net insider sellingNo
    −$3M net
    Net sales over $10M in 12 months

Deal filings

FiledFormAcquirerPricePremium
Jun 6, 2024DEFM14A—$32.15384%
May 17, 2024PREM14A—$240.00400%

Key numbers

Revenue
$1.8BFY2021: $1.1BFY2022: $1.2BFY2023: $1.1BFY2024: $1.3BFY2025: $1.8B
44% YoY
Operating margin
-10.6%FY2021: 7.6%FY2022: 9.1%FY2023: 9.8%FY2024: 4.3%FY2025: -10.6%
346% YoY
EBITDA
−$91MFY2021: $125MFY2022: $151MFY2023: $154MFY2024: $115MFY2025: −$91M
179% YoY
Net debt / EBITDA
—
$642M net debt

Financials

MetricFY2021FY2022FY2023FY2024FY2025YoYTrend
Revenue$1.1B$1.2B$1.1B$1.3B$1.8B 44% FY2021: $1.1BFY2022: $1.2BFY2023: $1.1BFY2024: $1.3BFY2025: $1.8B
Operating income$82M$111M$111M$55M−$194M 454% FY2021: $82MFY2022: $111MFY2023: $111MFY2024: $55MFY2025: −$194M
Net income$57M$88M$83M$33M−$251M 859% FY2021: $57MFY2022: $88MFY2023: $83MFY2024: $33MFY2025: −$251M
Operating cash flow$79M$98M$147M$89M$165M 86% FY2021: $79MFY2022: $98MFY2023: $147MFY2024: $89MFY2025: $165M
Capex$24M$33M$37M$37M$63M 69% FY2021: $24MFY2022: $33MFY2023: $37MFY2024: $37MFY2025: $63M
Stock-based comp$2M$2M$3M$3M$4M 25% FY2021: $2MFY2022: $2MFY2023: $3MFY2024: $3MFY2025: $4M
Buybacks$11M$7M$6M$0$32MFY2021: $11MFY2022: $7MFY2023: $6MFY2024: $0FY2025: $32M
Dividends$11M$11M$11M$12M$15M 24% FY2021: $11MFY2022: $11MFY2023: $11MFY2024: $12MFY2025: $15M

13D filers

FiledFilerFormStakeIntent
Oct 26, 2026Teleios Capital Partners GmbHSCHEDULE 13D/A26.2%Active
Jun 18, 2025Teleios Capital Partners GmbHSCHEDULE 13D/A29.3%Active
Aug 2, 2024Teleios Capital Partners GmbHSC 13D9.8%Active

Insider trading

−$3Mnet selling by insiders, open market, last 12 months
Bought $0 · 0 tradesSold $3M · 2 trades

Pay vs performance

No pay-versus-performance disclosure yet.