5N Plus (VNP) AI Stock Analysis

• Market Cap: C$1.73B
• Dividend Yield: N/A
• Average Volume (3M): 243.93K
• Price to Earnings (P/E): 28.3
• Beta (1Y): 1.21
• Revenue Growth: 30.36%
• EPS Growth: 181.15%
• Country: CA
• Employees: 793
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 0.28
• Shares Outstanding: 89,074,050
• 10 Day Avg. Volume: 360,117
• 30 Day Avg. Volume: 243,931
• PEG Ratio: 0.00
• Price to Book (P/B): 3.28
• Price to Sales (P/S): 1.58
• P/FCF Ratio: -16.24
• 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$23.50
• Price Target Upside: 14.97% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: C$24.00 ▲(17.42% Upside)

5N Plus demonstrates strong financial performance and technical momentum, supported by record-breaking earnings and upward guidance revisions. However, challenges in cash flow management and valuation concerns temper the overall outlook. The company's strategic positioning in renewable energy and AI sectors provides a competitive edge, but geopolitical and operational risks remain.

5N Plus Business Overview & Revenue Model

Company Description

5N Plus Inc. is a leading producer of specialty chemicals and engineered materials, primarily serving the electronics, solar, and healthcare sectors. The company focuses on the production of high-purity metals and compounds, with a strong emphasis on sustainability and innovation. Its portfolio includes products such as bismuth, selenium, and various other metal-based compounds used in a range of applications, including photovoltaic cells and electronic components.

How the Company Makes Money

5N Plus generates revenue through the sale of its high-purity metals and specialty chemicals to various industries, including renewable energy, electronics, and healthcare. Key revenue streams include the production of specialty materials for solar panels, where the company supplies critical components that enhance efficiency and performance. Additionally, 5N Plus benefits from strategic partnerships with leading technology companies and research institutions, which not only help to drive innovation but also secure long-term contracts that provide steady revenue. The company's commitment to sustainability and its ability to recycle precious metals further contribute to its earnings, allowing it to capitalize on growing environmental concerns and regulatory requirements within its target markets.

5N Plus Financial Statement Overview

Summary

5N Plus exhibits strong revenue growth and improved profitability, as evidenced by its income statement metrics. The balance sheet remains stable with a balanced leverage position, though debt levels should be monitored. Cash flow management presents challenges, with significant declines in free cash flow. Overall, the company is on a positive trajectory but must address cash flow issues to ensure sustainable growth.

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: 20.44
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 20.44 is above the 20-day moving average (MA) of 19.12, above the 50-day MA of 17.23, and above the 200-day MA of 10.77, indicating a bullish trend. The MACD of 0.96 indicates Negative momentum. The RSI at 60.17 is Neutral, neither overbought nor oversold. The STOCH value of 51.86 is Neutral, 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$1.73B	28.28	26.65%	―	30.36%	181.15%
GMG	64 Neutral	C$136.50M	-16.67	-97.92%	―	-18.13%	0.52%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
HG	54 Neutral	C$1.19B	-126.76	-87.47%	―	331.08%	15.77%
NEO	53 Neutral	C$702.19M	-48.34	-2.58%	2.38%	0.44%	-434.16%
ECO	48 Neutral	C$252.00M	-311.59	-2.11%	―	30.76%	52.23%
NANO	45 Neutral	C$183.97M	-16.79	-40.55%	―	―	68.75%

5N Plus Corporate Events

5N Plus Reports Record Revenue and Growth in Earnings Call

The recent earnings call for 5N Plus Inc. painted a picture of robust financial health, underscored by record-breaking revenue and growth. Despite facing challenges such as geopolitical pressures and a potential downturn in Q4 due to planned maintenance, the company remains strategically positioned for continued success in a complex global business environment.

5N Plus Inc. Achieves Record Financial Performance in Q3 2025

5N Plus Inc. reported a significant financial milestone in Q3 2025, with a 33% year-over-year revenue growth to $104.9 million, marking the highest quarterly revenue in a decade. The company achieved record adjusted gross margin and EBITDA, driven by increased demand and pricing in its key markets. The company’s strong performance has led to an upward revision of its annual EBITDA guidance, highlighting its strategic positioning and robust market demand, particularly in the renewable energy and space sectors.

The most recent analyst rating on (TSE:VNP) stock is a Buy with a C$24.00 price target. To see the full list of analyst forecasts on 5N Plus stock, see the TSE:VNP Stock Forecast page.

5N Plus Announces Strategic CEO Succession Plan

5N Plus Inc. has announced a CEO succession plan where Richard Perron, currently the Chief Financial Officer, will become President on November 1, 2025, and is expected to take on the role of President and CEO by May 31, 2026. This transition is part of a strategic move to ensure leadership continuity and continued execution of the company’s strategic priorities. Current CEO, Gervais Jacques, will transition to Executive Chairman of the Board, while Luc Bertrand will become Lead Independent Director. The company is also searching for a new CFO. This leadership change is seen as a strategic move to maintain the company’s growth trajectory and strengthen its market position.

The most recent analyst rating on (TSE:VNP) stock is a Buy with a C$21.50 price target. To see the full list of analyst forecasts on 5N Plus stock, see the TSE:VNP Stock Forecast page.

5N Plus Reports Record Earnings and Strategic Growth

5N Plus Shines with Record-Breaking Earnings and Strategic Growth