# 5N Plus Inc. (VNP.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Chemicals. Price C$25.54, market value C$2.3 billion.

## Valuation
- **P/E (trailing): 26.6×** (5-yr avg 39.7×, 3-yr avg 33.1×). 5N Plus Inc. trades at 26.6× trailing earnings, well below its own five-year average of 39.7×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 21.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.08**. A PEG of 0.08 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.7×**. Each dollar of revenue is priced at 3.7×.
- **Price / book: 7.5×**. The shares trade at 7.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 15.7×**. Enterprise value is 15.7× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -0.3%** (5-yr avg 0.7%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 3.8%**. The inverse of the P/E: 3.8% of the price is earned each year.

## Profitability
- **Gross margin: 29.1%**. 5N Plus Inc. keeps 29.1% of revenue after the direct cost of what it sells.
- **Operating margin: 20.8%**. 20.8% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 12.9%**. 12.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 25.9%**. 25.9% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 25.4%**. Return on all capital, debt included, is 25.4%: comfortably above what that capital costs.
- **Return on assets: 13.2%**. Each dollar of assets produces 13.2% of profit.

## Growth
- **Revenue growth (1 yr): 37.6%** (3-yr 14.6%/yr, 5-yr 17.6%/yr). Revenue grew 37.6% over the last year, against 17.6% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 256.3%** (5-yr 80.2%/yr). Earnings per share rose 256.3%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 93.0%/yr**. Free cash flow has compounded at 93.0% a year over three years.

## Financial health
- **Debt to equity: 0.70**. Debt is 0.70 times equity, moderate leverage.
- **Net debt / EBITDA: 0.7×**. It would take 0.7 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 10.7×**. Operating profit covers interest 10.7× over, a safe margin.
- **Current ratio: 2.76** (quick 1.27). Current assets cover the next year's liabilities 2.76 times.
- **Altman Z-score: 7.43**. A Z-score of 7.43 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. 5N Plus Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (8 analysts). 8 analysts cover 5N Plus Inc.; the consensus is strong_buy, with an average price target of C$44.48 (+74% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 67.3%** (YTD 44.1%, 3-mo -37.5%). The shares are up 67.3% over twelve months including dividends.
- **From 52-week high: -48.9%** (74.9% above the low). Trading 49% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 36**. An RSI of 36 is neutral.
- **Beta (1 yr): 1.79** (volatility 60%). Beta of 1.79 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=VNP.TO · Page: https://foliofundamentals.com/stocks/vnp.to

Not investment advice.