NXQuanex Building Products Corporation
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and big price swings.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -70% · now 19% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can NX take a bad year?
Quanex Building Products Corporation carries $601M of net debt at 2.87× EBITDA: a load its earnings can carry.
Net debt · as at Q3 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.87×
Net debt / EBITDA
- Interest cover
- 2.23×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 54%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ3 2026
- $663M
- Cash and short-term investments
- $62M
- Net debt
- $601M
- EBITDA, trailing twelve months
- $210M
- Operating profit, trailing twelve months
- $111M
- Debt / equity
- 0.89×
- Total debt / EBITDA
- 3.16×
- Annualised volatilitytwo years of daily moves
- 54%
- Worst drawdown on file
- −70%
- Below its 52-week high
- 19%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Building Products & Equipment
Ranks #17 of 19 by RyuScore