$11.86

+0.04 (+0.34%)

Weekly Expected Move ±5.6%

$10 $11 $11 $12 $13

NYSE · Real Estate · REIT - Office · Alpha Radar Sell · Power 32 · $175.7M mcap · 15M float · 1.37% daily turnover · Short 30% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

NO EDGE

29.5 / 100

NoneWeakNarrowWide

Primary source: Cost Advantage · ROIC: 12.3%

Cost Advantage ★

Intangibles

Switching Cost

Network Effect

Scale

The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. NLOP has No discernible competitive edge (29.5/100). The business operates without significant structural advantages. The primary source of advantage is Cost Advantage. ROIC of 12.3% suggests modest returns relative to capital deployed.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets

Analyst Recommendations

Strong Buy: 0Buy: 1Hold: 0Sell: 0Strong Sell: 0

Rating Summary

ConsensusBuy

Avg Target$—

Analysts0

Price Target Change History

Date	Firm	Analyst	Old	New	Change	Upside @ Call	Stock@Call
2023-09-26	RBC Capital	Brad Heffern	Initiated	$73	—	—	—

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

C+

May 22, 2026

DCF

ROE

ROA

D/E

P/E

P/B

The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. NLOP receives an overall rating of C+. Strongest factors: DCF (5/5). Areas of concern: ROE (1/5), ROA (1/5), D/E (1/5), P/E (1/5).

Rating Change History

Date	From	To
2026-05-08	B-	C+
2026-04-27	C+	B-
2026-04-01	B-	C+
2026-03-04	C+	B-
2026-02-27	C-	C+
2026-02-26	B-	C-
2026-02-18	C+	B-
2026-02-18	C	C+
2026-01-03	C+	C

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 28 Grade D

Profitability

Balance Sheet

Earnings Quality

Growth

Value

Momentum

Safety

Cash Flow

The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. NLOP scores highest in Cash Flow (72/100) and lowest in Safety (0/100). A grade of D flags significant fundamental concerns across multiple dimensions.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score

-0.81

Distress Zone

Piotroski F-Score

5/9

✗ ✓ ✗ ✓ ✗ ✓ ✓ ✗ ✓

Beneish M-Score

-3.02

Unlikely Manipulator

Ohlson O-Score

-7.26

Bankruptcy prob: 0.1%

Low Risk

Credit Rating

BB-

Score: 37.3/100

Trend: Deteriorating

Earnings Quality

—

OCF/NI: -0.48x

Accruals: -28.4%

The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. NLOP scores -0.81, placing it in the Distress Zone (safe > 2.99, distress < 1.81). Historically, companies in this range face elevated bankruptcy risk. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. NLOP scores 5/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. NLOP's score of -3.02 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. NLOP's implied 0.1% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. NLOP receives an estimated rating of BB- (score: 37.3/100), with a deteriorating trend.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E

-1.45x

PEG

0.01x

P/S

1.75x

P/B

1.03x

P/FCF

3.04x

P/OCF

2.94x

EV/EBITDA

118.60x

EV/Revenue

0.73x

EV/EBIT

-2.54x

EV/FCF

1.30x

Earnings Yield

-70.76%

FCF Yield

32.94%

Shareholder Yield

0.00%

Graham Number

—

Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. NLOP currently has negative earnings — the P/E ratio is not meaningful.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden

1.002

NI / EBT

Interest Burden

4.185

EBT / EBIT

EBIT Margin

-0.288

EBIT / Rev

Asset Turnover

0.159

Rev / Assets

Equity Multiplier

1.438

Assets / Equity

ROE

-27.6%

The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. NLOP's ROE of -27.6% is driven by Asset Turnover (0.159), indicating efficient use of assets to generate revenue. A tax burden ratio of 1.00 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Adj. Growth Rate

0.00%

Fair P/E

8.50x

Intrinsic Value

—

Price/Value

—

Margin of Safety

—

Premium

—

Assessment

Overvalued

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 640 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price

$11.88

Median 1Y

$12.27

5th Pctile

$5.39

95th Pctile

$27.76

Ann. Volatility

50.4%

25th–75th percentile 5th–95th percentile Median path Historical

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees

100

0.0% YoY

Revenue / Employee

$1,199,950

Rev: $119,995,000

Profit / Employee

$-1,452,620

NI: $-145,262,000

SGA / Employee

$73,090

Avg labor cost proxy

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability

Metric	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Current
ROE	-21.0%	-25.1%	-23.3%	-29.2%	-14.5%	-10.0%	-25.0%	-28.8%	-33.2%	-27.6%	-27.60%
ROA	-10.9%	-13.0%	-12.1%	-15.2%	-8.7%	-6.0%	-14.9%	-17.2%	-23.1%	-19.2%	-19.19%
ROIC	2.6%	3.5%	4.2%	4.6%	3.7%	3.1%	2.7%	3.3%	14.2%	12.3%	12.26%
ROCE	0.8%	0.3%	3.5%	1.3%	-3.9%	-1.9%	-7.0%	-12.2%	-11.1%	-6.7%	-6.68%
Gross Margin	92.7%	76.7%	70.7%	65.3%	60.1%	66.3%	65.8%	73.2%	-1.6%	25.2%	25.16%
Operating Margin	84.9%	31.5%	27.1%	20.2%	12.8%	26.8%	25.2%	37.5%	28.1%	32.4%	32.41%
Net Margin	-3.1%	-63.3%	31.9%	-1.3%	-1.3%	1.7%	-2.8%	-2.2%	-0.2%	2.7%	2.67%
EBITDA Margin	79.2%	31.7%	1.8%	-36.0%	-65.2%	56.5%	65.4%	-1.8%	21.6%	3.0%	3.00%
FCF Margin	1.2%	29.8%	32.2%	43.0%	55.7%	52.5%	54.4%	45.4%	52.4%	56.1%	56.13%
OCF Margin	15.3%	37.0%	37.2%	42.6%	50.5%	46.8%	48.1%	45.4%	53.4%	58.0%	58.04%
ROE 3Y Avg	snapshot only										-25.68%
ROA 3Y Avg	snapshot only										-15.83%
ROIC 3Y Avg	snapshot only										-6.27%
ROIC Economic	snapshot only										7.67%
Cash ROA	snapshot only										12.82%
Cash ROIC	snapshot only										29.57%
CROIC	snapshot only										28.60%
NOPAT Margin	snapshot only										24.06%
Pretax Margin	snapshot only										-1.20%
R&D / Revenue	snapshot only										0.00%
SGA / Revenue	snapshot only										5.49%
SBC / Revenue	snapshot only										0.00%

Valuation

Metric	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Current
P/E Ratio	-1.48	-1.62	-1.81	-1.79	-3.94	-5.75	-2.39	-2.09	-2.11	-1.41	-1.455
P/S Ratio	4.54	3.04	2.20	2.20	2.53	2.85	3.20	3.26	2.55	1.70	1.755
P/B Ratio	0.31	0.41	0.42	0.52	0.62	0.62	0.65	0.65	1.04	0.58	1.033
P/FCF	381.95	10.19	6.83	5.10	4.55	5.42	5.89	7.19	4.88	3.04	3.036
P/OCF	29.71	8.20	5.90	5.16	5.02	6.09	6.65	7.19	4.78	2.94	2.936
EV/EBITDA	20.05	15.79	6.79	8.14	9.50	9.11	84.17	-14.56	-19.11	118.60	118.597
EV/Revenue	15.88	8.85	6.26	5.46	3.55	3.98	4.43	4.51	1.74	0.73	0.732
EV/EBIT	70.07	215.42	18.36	54.63	-19.57	-40.03	-11.38	-6.52	-4.37	-2.54	-2.545
EV/FCF	1334.32	29.70	19.46	12.69	6.38	7.58	8.15	9.93	3.33	1.30	1.304
Earnings Yield	-67.4%	-61.9%	-55.4%	-56.0%	-25.4%	-17.4%	-41.8%	-47.8%	-47.4%	-70.8%	-70.76%
FCF Yield	0.3%	9.8%	14.6%	19.6%	22.0%	18.4%	17.0%	13.9%	20.5%	32.9%	32.94%
PEG Ratio	snapshot only										0.009
Price/Tangible Book	snapshot only										0.686
EV/OCF	snapshot only										1.261
Acquirers Multiple	snapshot only										2.404
Shareholder Yield	snapshot only										0.00%

Leverage & Solvency

Metric	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Current
Current Ratio	1.12	1.12	1.12	1.12	0.46	0.46	0.46	0.46	5.46	5.46	5.462
Quick Ratio	1.12	1.12	1.12	1.12	0.46	0.46	0.46	0.46	5.46	5.46	5.462
Debt/Equity	0.80	0.80	0.80	0.80	0.29	0.29	0.29	0.29	0.08	0.08	0.076
Net Debt/Equity	0.78	0.78	0.78	0.78	0.25	0.25	0.25	0.25	-0.33	-0.33	-0.331
Debt/Assets	0.42	0.42	0.42	0.42	0.21	0.21	0.21	0.21	0.05	0.05	0.049
Debt/EBITDA	14.76	10.69	4.54	5.02	3.19	3.04	27.40	-4.72	-2.03	36.01	36.013
Net Debt/EBITDA	14.31	10.37	4.41	4.87	2.72	2.59	23.34	-4.02	8.90	-157.55	-157.549
Interest Coverage	0.58	0.10	0.66	0.21	-0.38	-0.24	-1.55	-4.13	-3.76	-3.91	-3.908
Equity Multiplier	1.93	1.93	1.93	1.93	1.39	1.39	1.39	1.39	1.54	1.54	1.543
Cash Ratio	snapshot only										5.462
Debt Service Coverage	snapshot only										0.084
Cash to Debt	snapshot only										5.375
FCF to Debt	snapshot only										2.526

Efficiency & Turnover

Metric	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Current
Asset Turnover	0.04	0.07	0.10	0.12	0.13	0.12	0.11	0.11	0.19	0.16	0.159
Inventory Turnover	—	—	—	—	—	—	—	—	—	—	—
Receivables Turnover	4.41	8.59	12.30	15.29	27.04	24.23	22.35	22.03	—	—	—
Payables Turnover	0.06	0.23	0.42	0.61	1.46	1.44	1.40	1.30	597.85	582.26	582.262
DSO	83	42	30	24	13	15	16	17	0	0	0.0 days
DIO	0	0	0	0	0	0	0	0	0	0	0.0 days
DPO	6375	1590	866	603	250	253	261	281	1	1	0.6 days
Cash Conversion Cycle	-6293	-1548	-836	-579	-237	-238	-245	-265	-1	-1	-0.6 days
Cash Velocity	snapshot only										0.837
Capital Intensity	snapshot only										4.527

Growth (YoY)

Metric	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Current
Revenue	—	—	—	—	2.1%	41.0%	-9.1%	-28.0%	-15.6%	-21.4%	-21.43%
Net Income	—	—	—	—	35.6%	62.8%	0.2%	8.5%	-58.8%	-91.3%	-91.26%
EPS	—	—	—	—	36.4%	62.9%	0.3%	8.7%	-58.7%	-91.3%	-91.26%
FCF	—	—	—	—	142.4%	1.5%	53.5%	-24.0%	-20.6%	-16.0%	-15.97%
EBITDA	—	—	—	—	44.7%	9.8%	-94.8%	-1.3%	-1.2%	-98.9%	-98.89%
Op. Income	—	—	—	—	-12.8%	-46.8%	-60.7%	-57.4%	2.7%	7.6%	7.64%
OCF Growth	snapshot only										-2.47%
Asset Growth	snapshot only										-43.69%
Equity Growth	snapshot only										-49.43%
Debt Growth	snapshot only										-86.87%
Shares Change	snapshot only										0.00%
Dividend Growth	snapshot only										-1.00%

Growth Quality

Metric	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Current
Revenue Stability	—	—	—	—	—	—	—	—	0.54	0.06	0.064
Earnings Stability	—	—	—	—	—	—	—	—	0.00	0.21	0.212
Margin Stability	—	—	—	—	—	—	—	—	0.24	0.00	0.000
Rev. Growth Consistency	0.00	0.00	0.00	0.00	0.50	0.50	0.00	0.00	0.00	0.00	0.000
Earn. Growth Consistency	0.00	0.00	0.00	0.00	0.50	0.50	0.50	0.50	0.00	0.00	0.000
FCF Positive Streak	0	0	0	0	1	1	1	1	1	1	1
Earnings Persistence	—	—	—	—	—	—	—	—	0.50	0.50	0.500
Earnings Smoothness	—	—	—	—	—	—	—	—	—	—	—
ROE Trend	—	—	—	—	—	—	—	—	-0.31	-0.23	-0.231
Gross Margin Trend	—	—	—	—	—	—	—	—	-0.72	-0.82	-0.819
FCF Margin Trend	—	—	—	—	—	—	—	—	0.24	0.15	0.150
Sustainable Growth Rate	—	—	—	—	—	—	—	—	—	—	—
Internal Growth Rate	—	—	—	—	—	—	—	—	—	—	—

Cash Flow Quality

Metric	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Current
OCF/Net Income	-0.05	-0.20	-0.31	-0.35	-0.79	-0.94	-0.36	-0.29	-0.44	-0.48	-0.481
FCF/OCF	0.08	0.80	0.86	1.01	1.10	1.12	1.13	1.00	0.98	0.97	0.967
FCF/Net Income	snapshot only										-0.466
OCF/EBITDA	snapshot only										94.040
CapEx/Revenue	14.1%	7.2%	5.1%	0.5%	5.1%	5.7%	6.2%	0.0%	1.0%	1.9%	1.90%
CapEx/Depreciation	snapshot only										0.065
Accruals Ratio	-0.11	-0.16	-0.16	-0.20	-0.15	-0.12	-0.20	-0.22	-0.33	-0.28	-0.284
Sloan Accruals	snapshot only										0.236
Cash Flow Adequacy	snapshot only										30.524

Dividends & Buybacks

Metric	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Current
Dividend Yield	0.0%	0.4%	0.4%	0.6%	0.6%	0.3%	0.3%	0.0%	0.0%	0.0%	1.88%
Dividend/Share	$0.00	$0.07	$0.07	$0.14	$0.14	$0.07	$0.07	$0.00	$0.00	$0.00	$22.35
Payout Ratio	—	—	—	—	—	—	—	—	—	—	—
FCF Payout Ratio	0.0%	4.0%	2.6%	3.1%	2.7%	1.6%	1.7%	0.0%	0.0%	0.0%	0.00%
Total Payout Ratio	—	—	—	—	—	—	—	—	—	—	—
Div. Increase Streak	—	0	0	0	0	0	0	0	—	—	—
Chowder Number	—	—	—	—	—	0.00	0.00	-1.00	—	—	—
Buyback Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.00%
Net Buyback Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.00%
Total Shareholder Return	0.0%	0.4%	0.4%	0.6%	0.6%	0.3%	0.3%	0.0%	0.0%	0.0%	0.00%

DuPont Factors

Metric	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Current
Tax Burden (NI/EBT)	1.00	1.00	1.00	1.01	0.98	0.96	0.98	0.98	1.00	1.00	1.002
Interest Burden (EBT/EBIT)	-13.51	-45.65	-3.56	-12.23	3.63	5.18	3.49	2.30	3.03	4.19	4.185
EBIT Margin	0.23	0.04	0.34	0.10	-0.18	-0.10	-0.39	-0.69	-0.40	-0.29	-0.288
Asset Turnover	0.04	0.07	0.10	0.12	0.13	0.12	0.11	0.11	0.19	0.16	0.159
Equity Multiplier	1.93	1.93	1.93	1.93	1.68	1.68	1.68	1.68	1.44	1.44	1.438

Per Share

Metric	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Current
EPS (Diluted TTM)	$-9.72	$-11.49	$-10.63	$-13.38	$-6.18	$-4.26	$-10.61	$-12.22	$-9.81	$-8.15	$-8.15
Book Value/Share	$46.30	$45.79	$45.72	$45.79	$39.26	$39.23	$39.23	$39.23	$19.84	$19.84	$11.74
Tangible Book/Share	$34.65	$34.27	$34.22	$34.27	$32.65	$32.63	$32.63	$32.63	$16.79	$16.79	$16.79
Revenue/Share	$3.17	$6.11	$8.74	$10.88	$9.61	$8.60	$7.94	$7.82	$8.10	$6.76	$6.76
FCF/Share	$0.04	$1.82	$2.81	$4.68	$5.35	$4.52	$4.31	$3.55	$4.24	$3.79	$3.79
OCF/Share	$0.49	$2.27	$3.25	$4.63	$4.85	$4.02	$3.82	$3.55	$4.33	$3.92	$3.92
Cash/Share	$1.11	$1.10	$1.10	$1.10	$1.70	$1.70	$1.70	$1.70	$8.07	$8.07	$4.77
EBITDA/Share	$2.51	$3.43	$8.05	$7.30	$3.59	$3.76	$0.42	$-2.42	$-0.74	$0.04	$0.04
Debt/Share	$37.07	$36.66	$36.60	$36.66	$11.45	$11.44	$11.44	$11.44	$1.50	$1.50	$1.50
Net Debt/Share	$35.96	$35.56	$35.50	$35.56	$9.75	$9.74	$9.74	$9.74	$-6.57	$-6.57	$-6.57

Academic Models

Metric	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Current
Altman Z-Score	—	—	—	—	—	—	—	—	—	—	-0.807
Altman Z-Prime	snapshot only										-1.901
Piotroski F-Score	3	3	3	3	4	4	3	3	4	5	5
Beneish M-Score	—	—	—	—	-4.59	-4.59	-5.11	-5.05	-4.33	-3.02	-3.024
Ohlson O-Score	snapshot only										-7.262
ROIC (Greenblatt)	snapshot only										-29.47%
Net-Net WC	snapshot only										$-2.43
EVA	snapshot only										$4435660.00

Credit

Metric	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Current
Credit Rating	snapshot only										BB-
Credit Score	25.01	26.83	31.21	33.22	43.53	42.98	36.05	49.15	48.65	37.34	37.336
Credit Grade	snapshot only										13
Credit Trend	snapshot only										-5.646
Implied Spread (bps)	snapshot only										550.000
Industry Credit Rank	snapshot only										48
Sector Credit Rank	snapshot only										39

NLOP NYSE

Edge Score

Analyst Insights

Financial Rating

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

Workforce & Productivity

Scaling Efficiency

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