5N Plus (VNP) AI Stock Analysis

• Market Cap: C$1.39B
• Dividend Yield: N/A
• Average Volume (3M): 507.45K
• Price to Earnings (P/E): 30.8
• Beta (1Y): 1.18
• Revenue Growth: 28.47%
• EPS Growth: 196.88%
• Country: CA
• Employees: 793
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Chemicals - Specialty
• EPS (TTM): 0.23
• Shares Outstanding: 89,074,050
• 10 Day Avg. Volume: 254,757
• 30 Day Avg. Volume: 507,451
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$12.50
• Price Target Upside: -19.15% Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 73 Outperform
• Price Target: C$16.50 ▲(6.73% Upside)

5N Plus Inc. is on a positive trajectory with strong technical indicators and impressive earnings call highlights. However, the stock's high valuation and cash flow management issues present challenges. The company's strategic positioning and growth in specialty semiconductors are significant strengths.

5N Plus Business Overview & Revenue Model

Company Description

5N Plus (VNP) is a leading global producer of specialty metals and chemicals, catering to a wide array of industries including electronics, pharmaceuticals, and renewable energy. The company specializes in the development and manufacturing of high-purity materials and advanced chemicals, which are integral to the production of semiconductors, solar panels, and various other high-tech applications.

How the Company Makes Money

5N Plus generates revenue through the sale of its specialty metals and chemicals to diverse industries around the world. The company primarily earns money by supplying high-purity materials to manufacturers in the electronics and renewable energy sectors, where their products are used in the production of semiconductors and photovoltaic cells. Additionally, 5N Plus engages in strategic partnerships and long-term supply agreements with key industry players, ensuring a stable and recurring revenue stream. The company's ability to innovate and develop customized solutions for its clients further enhances its market position and contributes to its financial performance.

5N Plus Financial Statement Overview

Summary

5N Plus demonstrates strong revenue growth and improved profitability, with a solid income statement. The balance sheet is stable, but increasing debt levels need monitoring. Cash flow management is a concern due to significant declines in free cash flow, indicating a need for better cash strategies.

Income Statement

5N Plus has shown a strong revenue growth rate of 6.62% in the TTM, indicating positive momentum in sales. The gross profit margin improved to 28.06%, reflecting efficient cost management. The net profit margin increased to 6.94%, showcasing enhanced profitability. EBIT and EBITDA margins are healthy at 13.11% and 18.69%, respectively, suggesting robust operational performance. However, the company should continue to monitor cost controls to sustain these margins.

Balance Sheet

The debt-to-equity ratio of 1.01 in the TTM indicates a balanced leverage position, though slightly higher than the previous year. Return on equity improved to 15.27%, demonstrating effective use of equity to generate profits. The equity ratio stands at 39.85%, suggesting a moderate reliance on equity financing. While the balance sheet shows stability, the company should be cautious of increasing debt levels.

Cash Flow

Operating cash flow improved to $24.39 million in the TTM, but free cash flow declined significantly, resulting in a negative free cash flow growth rate of -156.22%. The operating cash flow to net income ratio is low at 0.43, indicating potential challenges in converting income into cash. The negative free cash flow to net income ratio highlights the need for better cash management strategies to support long-term growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	333.88M	289.28M	242.37M	264.22M	209.99M	177.19M
Gross Profit	97.09M	77.87M	57.54M	48.51M	38.78M	36.39M
EBITDA	68.94M	49.82M	43.88M	5.17M	25.24M	25.22M
Net Income	32.18M	14.67M	15.40M	-23.00M	3.11M	2.19M
Balance Sheet
Total Assets	431.94M	376.91M	350.20M	347.99M	373.59M	226.68M
Cash, Cash Equivalents and Short-Term Investments	48.62M	22.14M	34.71M	42.69M	35.94M	39.95M
Total Debt	153.93M	151.60M	138.64M	151.40M	148.64M	55.47M
Total Liabilities	259.80M	237.89M	221.61M	235.21M	237.34M	108.30M
Stockholders Equity	172.13M	139.02M	128.59M	112.78M	136.25M	118.38M
Cash Flow
Free Cash Flow	9.20M	-28.07M	-992.00K	6.69M	4.34M	28.25M
Operating Cash Flow	24.39M	-6.89M	17.25M	23.74M	10.27M	36.80M
Investing Cash Flow	-5.05M	-17.98M	-12.36M	-18.99M	-49.93M	-8.46M
Financing Cash Flow	1.31M	12.39M	-13.00M	2.41M	36.22M	-8.80M

5N Plus Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.46
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:VNP, the sentiment is Positive. The current price of 15.46 is above the 20-day moving average (MA) of 14.91, above the 50-day MA of 12.04, and above the 200-day MA of 8.25, indicating a bullish trend. The MACD of 0.96 indicates Positive momentum. The RSI at 70.39 is Negative, neither overbought nor oversold. The STOCH value of 82.37 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:VNP.

5N Plus Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VNP	73 Outperform	C$1.39B	30.83	21.38%	―	28.47%	196.88%
GMG	64 Neutral	C$96.73M	―	-72.52%	―	-9.37%	22.80%
Sector *	61 Neutral	$10.31B	6.29	0.76%	2.95%	3.36%	-36.41%
NEO	59 Neutral	C$718.14M	―	-2.58%	2.27%	0.44%	-434.16%
HG	52 Neutral	C$480.33M	―	-96.25%	―	203.80%	16.89%
ECO	47 Neutral	C$253.54M	―	-1.52%	―	39.78%	72.34%
NANO	45 Neutral	C$114.84M	―	-40.55%	―	―	68.75%

5N Plus Corporate Events

5N Plus Expands Critical Materials Supply Agreement with First Solar

5N Plus Inc. has expanded its supply agreement with First Solar, reflecting increased commitments for semiconductor compounds, specifically cadmium telluride (CdTe) and cadmium selenide (CdSe), to support First Solar’s growing U.S. manufacturing capacity. This agreement underscores the strength of their collaboration and aligns with First Solar’s strategy to source critical materials from American or allied sources. The expansion is facilitated by 5N Plus’s manufacturing flexibility and recent production enhancements in Canada and Germany, reinforcing its position as a trusted partner in the solar technology sector.

The most recent analyst rating on (TSE:VNP) stock is a Buy with a C$7.25 price target. To see the full list of analyst forecasts on 5N Plus stock, see the TSE:VNP Stock Forecast page.

5N Plus Inc. Achieves Record Q2 2025 Results and Raises Annual Guidance

5N Plus Inc. reported a strong financial performance for the second quarter of 2025, achieving a 32% year-over-year revenue growth to $184.2 million for the first half of the year. The company recorded a 79% increase in Adjusted EBITDA to $24.1 million, driven by higher sales in the terrestrial renewable energy and space solar power sectors, alongside improved pricing for bismuth-based products. The company has increased its annual Adjusted EBITDA guidance to a range of $65-$70 million, reflecting its strategic positioning and growing demand in its key markets. With a robust backlog and reduced net debt, 5N Plus is well-positioned to capitalize on the accelerating demand for its products, solidifying its status as a strategic partner outside of China.

The most recent analyst rating on (TSE:VNP) stock is a Buy with a C$7.25 price target. To see the full list of analyst forecasts on 5N Plus stock, see the TSE:VNP Stock Forecast page.

5N Plus Inc. Elects Board and Confirms Auditor at Annual Meeting

5N Plus Inc. announced the election of its board of directors at the recent Annual General Meeting, with Luc Bertrand re-appointed as Chairman. The meeting also confirmed PricewaterhouseCoopers LLP as the independent auditor for the upcoming year. These decisions reinforce the company’s leadership stability and operational continuity, potentially strengthening its market position and stakeholder confidence.

5N Plus Inc. Achieves Record Growth in Q1 2025

5N Plus Inc. reported a strong financial performance for the first quarter of 2025, with a 37% increase in revenue to $88.9 million and a 77% growth in Adjusted EBITDA to $20.8 million. The company attributes this success to strong demand in its strategic sectors and increased operational agility. Despite global trade volatility, 5N Plus maintains its leadership position by exploring opportunities to expand production capacity and meet future demand, reinforcing its commitment to long-term objectives and strategic initiatives.