NL Industries Inc
NYSE:NL

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NL Industries Inc
NYSE:NL
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Price: 8.4 USD Market Closed
Market Cap: 410.3m USD

Relative Value

The Relative Value of one NL stock under the Base Case scenario is 6.09 USD. Compared to the current market price of 8.4 USD, NL Industries Inc is Overvalued by 27%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NL Relative Value
Base Case
6.09 USD
Overvaluation 27%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
22
Median 3Y
1.8
Median 5Y
1.8
Industry
1.1
Forward
2.4
vs History
53
vs Industry
53
Median 3Y
5.7
Median 5Y
6.5
Industry
15.5
Forward
9.5
vs History
9
vs Industry
21
Median 3Y
9.9
Median 5Y
9.9
Industry
9
vs History
23
vs Industry
26
Median 3Y
10.3
Median 5Y
10.3
Industry
15.4
vs History
0
vs Industry
59
Median 3Y
0.8
Median 5Y
0.7
Industry
1.5
vs History
0
vs Industry
38
Median 3Y
1
Median 5Y
0.8
Industry
1.4
Forward
1.5
vs History
0
vs Industry
33
Median 3Y
3.3
Median 5Y
2.6
Industry
4.1
vs History
68
vs Industry
57
Median 3Y
5.9
Median 5Y
5.5
Industry
8
Forward
18.5
vs History
71
vs Industry
56
Median 3Y
7.6
Median 5Y
7.6
Industry
11.4
Forward
26.7
vs History
7
vs Industry
37
Median 3Y
5.4
Median 5Y
4.6
Industry
9.5
vs History
12
vs Industry
33
Median 3Y
6.2
Median 5Y
5.2
Industry
12.6
vs History
0
vs Industry
68
Median 3Y
0.4
Median 5Y
0.3
Industry
1.1

Multiples Across Competitors

NL Competitors Multiples
NL Industries Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
NL Industries Inc
NYSE:NL
410.3m USD 2.8 6.1 3.9 4.1
US
MSA Safety Inc
NYSE:MSA
6B USD 3.3 21.1 13.5 15.7
CN
Shanghai M&G Stationery Inc
SSE:603899
28.8B CNY 1.2 20.7 13.8 13.8
HK
Goldstream Investment Ltd
HKEX:1328
25B HKD 256.7 371.4 325.9 333.8
FR
Societe BIC SA
PAR:BB
2.3B EUR 1 10.7 4.8 6.5
JP
Kokuyo Co Ltd
TSE:7984
324.4B JPY 1 14.9 6.6 9.1
US
HNI Corp
NYSE:HNI
2B USD 0.8 14.3 7.1 10.7
US
Pitney Bowes Inc
NYSE:PBI
1.5B USD 0.8 -7.6 11 19.2
JP
Okamura Corp
TSE:7994
182.8B JPY 0.6 9.7 6.8 9
US
Steelcase Inc
NYSE:SCS
1.1B USD 0.4 10.2 4.3 6.2
US
MillerKnoll Inc
NASDAQ:MLKN
1.1B USD 0.3 37 10.6 35.7
P/E Multiple
Earnings Growth PEG
US
NL Industries Inc
NYSE:NL
Average P/E: 51.6
6.1
N/A N/A
US
MSA Safety Inc
NYSE:MSA
21.1
9%
2.3
CN
Shanghai M&G Stationery Inc
SSE:603899
20.7
14%
1.5
HK
Goldstream Investment Ltd
HKEX:1328
371.4
N/A N/A
FR
Societe BIC SA
PAR:BB
10.7
9%
1.2
JP
Kokuyo Co Ltd
TSE:7984
14.9
13%
1.1
US
HNI Corp
NYSE:HNI
14.3
10%
1.4
US
Pitney Bowes Inc
NYSE:PBI
Negative Multiple: -7.6 N/A N/A
JP
Okamura Corp
TSE:7994
9.7
2%
4.9
US
Steelcase Inc
NYSE:SCS
10.2
23%
0.4
US
M
MillerKnoll Inc
NASDAQ:MLKN
37
26%
1.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
NL Industries Inc
NYSE:NL
Average EV/EBITDA: 37.1
3.9
N/A N/A
US
MSA Safety Inc
NYSE:MSA
13.5
5%
2.7
CN
Shanghai M&G Stationery Inc
SSE:603899
13.8
21%
0.7
HK
Goldstream Investment Ltd
HKEX:1328
325.9
N/A N/A
FR
Societe BIC SA
PAR:BB
4.8
5%
1
JP
Kokuyo Co Ltd
TSE:7984
6.6
13%
0.5
US
HNI Corp
NYSE:HNI
7.1
5%
1.4
US
Pitney Bowes Inc
NYSE:PBI
11
N/A N/A
JP
Okamura Corp
TSE:7994
6.8
4%
1.7
US
Steelcase Inc
NYSE:SCS
4.3
11%
0.4
US
M
MillerKnoll Inc
NASDAQ:MLKN
10.6
4%
2.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
NL Industries Inc
NYSE:NL
Average EV/EBIT: 42.2
4.1
N/A N/A
US
MSA Safety Inc
NYSE:MSA
15.7
6%
2.6
CN
Shanghai M&G Stationery Inc
SSE:603899
13.8
N/A N/A
HK
Goldstream Investment Ltd
HKEX:1328
333.8
N/A N/A
FR
Societe BIC SA
PAR:BB
6.5
7%
0.9
JP
Kokuyo Co Ltd
TSE:7984
9.1
N/A N/A
US
HNI Corp
NYSE:HNI
10.7
8%
1.3
US
Pitney Bowes Inc
NYSE:PBI
19.2
N/A N/A
JP
Okamura Corp
TSE:7994
9
N/A N/A
US
Steelcase Inc
NYSE:SCS
6.2
15%
0.4
US
M
MillerKnoll Inc
NASDAQ:MLKN
35.7
12%
3