Nanophase Technologies (NANX) AI Stock Analysis

• Market Cap: $122.52M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): 26.9
• Beta (1Y): 1.86
• Revenue Growth: 40.35%
• EPS Growth: N/A
• Country: US
• Employees: 79
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Chemicals - Specialty
• EPS (TTM): 0.06
• Shares Outstanding: 70,011,440
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: 0.10
• Price to Book (P/B): 9.83
• Price to Sales (P/S): 4.13
• P/FCF Ratio: -12.41
• Enterprise Value/Market Cap: 0.58
• Enterprise Value/Revenue: 0.36
• Enterprise Value/Gross Profit: 4.47
• Enterprise Value/Ebitda: 4.60
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 61 Neutral
• Price Target: ―

Nanophase Technologies is on a strong financial upswing with impressive income growth and profitability improvements. However, challenges such as high leverage and bearish technical indicators present risks. The stock appears slightly overvalued, but robust earnings call guidance and the Nasdaq uplisting could enhance future growth prospects.

Nanophase Technologies Business Overview & Revenue Model

Company Description

Nanophase Technologies Corporation (NANX) is a technology-driven company engaged in the development and commercialization of advanced materials, specifically engineered nanomaterials. Operating in sectors such as personal care, energy storage, and surface finishing, Nanophase provides innovative solutions through its portfolio of products, which include applications in sunscreens, coatings, and polishing materials. The company's proprietary technology platforms enable the creation of materials with novel properties that offer enhanced performance and efficiency.

How the Company Makes Money

Nanophase Technologies makes money by manufacturing and selling nanomaterial products and solutions to various industries, primarily focusing on personal care, coatings, and surface finishing. The company's revenue model is based on product sales, where it provides engineered nanomaterials that enhance the functionality of consumer products, such as UV protection in sunscreens or improved durability in surface coatings. Additionally, Nanophase engages in strategic partnerships and collaborations with other companies to co-develop products and expand its market reach. These partnerships often involve long-term supply agreements or joint development projects, contributing to a stable revenue stream.

Nanophase Technologies Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	57.10M	52.35M	37.30M	37.32M	29.48M	17.12M
Gross Profit	15.99M	16.19M	7.83M	8.36M	8.69M	5.99M
EBITDA	5.20M	6.06M	-2.80M	-1.69M	3.96M	1.84M
Net Income	3.42M	4.24M	-4.39M	-2.62M	2.32M	493.33K
Balance Sheet
Total Assets	57.02M	50.00M	32.88M	33.56M	28.39M	13.54M
Cash, Cash Equivalents and Short-Term Investments	1.82M	1.41M	1.72M	2.19M	657.00K	956.75K
Total Debt	22.56M	15.30M	21.26M	18.11M	14.75M	7.57M
Total Liabilities	41.86M	35.06M	30.98M	27.91M	20.93M	10.81M
Stockholders Equity	15.16M	14.95M	1.90M	5.65M	7.46M	2.73M
Cash Flow
Free Cash Flow	-5.87M	1.97M	-3.06M	-4.47M	447.00K	-2.94M
Operating Cash Flow	-1.40M	1.97M	-2.01M	-1.65M	2.32M	-2.06M
Investing Cash Flow	-4.34M	-4.56M	-1.05M	-2.82M	-1.87M	-878.00K
Financing Cash Flow	5.53M	2.27M	2.59M	6.00M	-747.00K	2.70M

Nanophase Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FSLR	78 Outperform	$17.89B	14.75	16.77%	―	19.42%	23.19%
NVEC	78 Outperform	$376.57M	25.01	23.57%	5.14%	-13.18%	-12.06%
ENPH	71 Outperform	$5.12B	36.04	17.13%	―	-22.15%	-45.22%
OLED	71 Outperform	$7.22B	31.48	14.58%	1.18%	6.13%	4.70%
AVDL	67 Neutral	$1.03B	―	-34.65%	―	252.64%	85.10%
NANX	61 Neutral	$122.52M	26.94	50.28%	―	40.35%	―
Sector *	44 Neutral	C$967.00M	-6.65	-13.73%	2.47%	17.55%	-32.57%

Nanophase Technologies Corporate Events

Nanophase Technologies’ Solésence Uplists to Nasdaq

On April 7, 2025, Solésence, Inc. announced its approval to uplist to the Nasdaq Capital Market, with trading set to begin on April 8 under the ticker ‘SLSN’. This strategic move from the OTCQB is expected to increase the company’s visibility within the investment community, broaden its shareholder base, and provide resources for scaling and increasing profitability, thereby delivering greater value to stakeholders.

Spark’s Take on NANX Stock

According to Spark, TipRanks’ AI Analyst, NANX is a Neutral.

Nanophase Technologies shows strong financial improvements and optimistic future guidance, contributing positively to its outlook. However, technical indicators highlight bearish trends, and valuation suggests the stock might be slightly overvalued. The earnings call provides a strong outlook, but risks such as high leverage and economic uncertainties need careful consideration.

To see Spark’s full report on NANX stock, click here.