Nexgen Energy Stock Fundamentals
| NXE Stock | USD 4.63 0.04 0.87% |
NexGen Energy fundamentals help investors to digest information that contributes to NexGen Energy's financial success or failures. It also enables traders to predict the movement of NexGen Stock. The fundamental analysis module provides a way to measure NexGen Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NexGen Energy stock.
NexGen |
NexGen Energy Company Return On Equity Analysis
NexGen Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current NexGen Energy Return On Equity | -0.0776 |
Most of NexGen Energy's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NexGen Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, NexGen Energy has a Return On Equity of -0.0776. This is 96.08% lower than that of the Oil, Gas & Consumable Fuels sector and significantly lower than that of the Energy industry. The return on equity for all United States stocks is 74.97% lower than that of the firm.
NexGen Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NexGen Energy's current stock value. Our valuation model uses many indicators to compare NexGen Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NexGen Energy competition to find correlations between indicators driving NexGen Energy's intrinsic value. More Info.NexGen Energy is regarded second in return on equity category among its peers. It is regarded third in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value NexGen Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.NexGen Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NexGen Energy's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NexGen Energy could also be used in its relative valuation, which is a method of valuing NexGen Energy by comparing valuation metrics of similar companies.NexGen Energy is currently under evaluation in return on equity category among its peers.
NexGen Fundamentals
| Return On Equity | -0.0776 | ||||
| Return On Asset | -0.0367 | ||||
| Current Valuation | 2.62 B | ||||
| Shares Outstanding | 569.09 M | ||||
| Shares Owned By Insiders | 7.92 % | ||||
| Shares Owned By Institutions | 52.58 % | ||||
| Number Of Shares Shorted | 61.96 M | ||||
| Price To Earning | (25.53) X | ||||
| Price To Book | 3.22 X | ||||
| EBITDA | (76.78 M) | ||||
| Net Income | (77.56 M) | ||||
| Cash And Equivalents | 167.27 M | ||||
| Cash Per Share | 0.35 X | ||||
| Total Debt | 456.8 M | ||||
| Debt To Equity | 0.14 % | ||||
| Current Ratio | 12.68 X | ||||
| Book Value Per Share | 2.07 X | ||||
| Cash Flow From Operations | (24.09 M) | ||||
| Short Ratio | 5.48 X | ||||
| Earnings Per Share | (0.10) X | ||||
| Target Price | 5.31 | ||||
| Number Of Employees | 133 | ||||
| Beta | 1.83 | ||||
| Market Capitalization | 2.63 B | ||||
| Total Asset | 1.66 B | ||||
| Retained Earnings | (381.56 M) | ||||
| Working Capital | 15.07 M | ||||
| Current Asset | 79.78 M | ||||
| Current Liabilities | 2.48 M | ||||
| Net Asset | 1.66 B |
About NexGen Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NexGen Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NexGen Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NexGen Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. Its principal asset is the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. Nexgen Energy operates under Uranium classification in the United States and is traded on New York Stock Exchange. It employs 43 people.
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Check out NexGen Energy Piotroski F Score and NexGen Energy Altman Z Score analysis. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NexGen Energy. If investors know NexGen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NexGen Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NexGen Energy is measured differently than its book value, which is the value of NexGen that is recorded on the company's balance sheet. Investors also form their own opinion of NexGen Energy's value that differs from its market value or its book value, called intrinsic value, which is NexGen Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NexGen Energy's market value can be influenced by many factors that don't directly affect NexGen Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NexGen Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NexGen Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NexGen Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.