Neenah Paper: Luxury Card Stock Priced Like Copy Paper

Luxury is a presence, indefinable yet undeniable, that infuses a product with glamour, intrigue and desire. This subtle elegance captures the essence of the spirit and creates a sense of belonging and the promise of becoming. At Neenah Paper (NP), this is exactly the perception that management has envisioned for the products and services the company delivers, and management's execution of this philosophy has set the company apart from its competition by developing meaningful positions in profitable niche premium markets. Our innate understanding of Neenah Paper- from its increase in product expansion, accompanied by its overall positioning in these specialty niche markets, to its attractive financials and returns - is why we conclude that the company is being undervalued by the market.

About Neenah Paper

Based in Alpharetta, Ga, Neenah is a leader in premium image and performance-based products serving customers in over 70 countries. The company conducts its business primarily through two segments: a specialty, technical products business and a premium fine papers business. The technical products business is a leading producer of transportation and other filter media, durable, saturated and coated substrates used in tape, label, abrasives, filtration, medical packaging, wall covering, and image transfer markets. In its fine paper business, Neenah produces premium writing, text, cover and specialty papers. These papers are typically used in annual reports, corporate identity packages, invitations, personal stationery, and high-end packaging for point of purchase advertising. In the last reported quarter, Neenah reported revenues of $ 214.1 million, up 4% year over year. The year-over-year increase was attributable to growth in Fine Paper, aided by additional volumes from acquired brands.

From: http://seekingalpha.com/article/1912971-neenah-paper-luxury-card-stock-priced-like-copy-paper