NEXTDC (ASX:NXT) - Stock Price, News & Analysis

NXT Stock Overview

Develops and operates data centers in Australia and the Asia-Pacific region.

NXT fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	1/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Revenue is forecast to grow 14.87% per year

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

NEXTDC Limited Competitors

Macquarie Technology Group

ASX:MAQ

AU$2.1b

Megaport

ASX:MP1

AU$1.2b

Technology One

ASX:TNE

AU$7.8b

Xero

ASX:XRO

AU$22.7b

Price History & Performance

Summary of all time highs, changes and price drops for NEXTDC
Historical stock prices
Current Share Price	AU$17.22
52 Week High	AU$18.58
52 Week Low	AU$11.59
Beta	0.34
11 Month Change	2.44%
3 Month Change	-2.33%
1 Year Change	38.98%
33 Year Change	45.32%
5 Year Change	185.10%
Change since IPO	979.62%

Here's What's Concerning About NEXTDC's (ASX:NXT) Returns On Capital

Aug 28

Recent updates

Here's What's Concerning About NEXTDC's (ASX:NXT) Returns On Capital

Aug 28

AU$17.37 - That's What Analysts Think NEXTDC Limited (ASX:NXT) Is Worth After These Results

Feb 29

This Is Why We Think NEXTDC Limited's (ASX:NXT) CEO Might Get A Pay Rise Approved By Shareholders

Nov 11

These 4 Measures Indicate That NEXTDC (ASX:NXT) Is Using Debt Extensively

Sep 21

NEXTDC's (ASX:NXT) Returns On Capital Not Reflecting Well On The Business

Jul 27

NEXTDC (ASX:NXT) Is Reinvesting At Lower Rates Of Return

Apr 27

We Think That There Are Issues Underlying NEXTDC's (ASX:NXT) Earnings

Mar 02

Some Investors May Be Worried About NEXTDC's (ASX:NXT) Returns On Capital

Dec 13

Is NEXTDC (ASX:NXT) Using Too Much Debt?

Sep 16

Returns Are Gaining Momentum At NEXTDC (ASX:NXT)

Aug 08

Here's Why NEXTDC (ASX:NXT) Has A Meaningful Debt Burden

Jun 17

NEXTDC (ASX:NXT) Might Have The Makings Of A Multi-Bagger

May 06

NEXTDC Limited (ASX:NXT) Insiders Increased Their Holdings

Mar 19

NEXTDC Limited (ASX:NXT) Just Released Its Interim Earnings: Here's What Analysts Think

Feb 26

Did The Underlying Business Drive NEXTDC's (ASX:NXT) Lovely 379% Share Price Gain?

Feb 18

Will The ROCE Trend At NEXTDC (ASX:NXT) Continue?

Jan 28

Is NEXTDC Limited (ASX:NXT) Popular Amongst Institutions?

Jan 07

Have Insiders Been Buying NEXTDC Limited (ASX:NXT) Shares?

Dec 17

A Look At NEXTDC's (ASX:NXT) CEO Remuneration

Nov 29

What Kind Of Shareholders Hold The Majority In NEXTDC Limited's (ASX:NXT) Shares?

Sep 01

Shareholder Returns

	NXT	AU IT	AU Market
7D	2.5%	2.5%	0.3%
1Y	39.0%	22.4%	16.0%

Return vs Industry: NXT exceeded the Australian IT industry which returned 22.4% over the past year.

Return vs Market: NXT exceeded the Australian Market which returned 16% over the past year.

Price Volatility

Is NXT's price volatile compared to industry and market?
NXT volatility
NXT Average Weekly Movement	5.1%
IT Industry Average Movement	7.8%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.6%

Stable Share Price: NXT has not had significant price volatility in the past 3 months.

Volatility Over Time: NXT's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2010	n/a	Craig Scroggie	www.nextdc.com

NEXTDC Limited develops and operates data centers in Australia and the Asia-Pacific region. The company offers data center colocation solutions, such as rack spaces, private suites and cages, high performance computing, remote hands, and amenities; mission critical spaces; data center migration and relocation solutions; e-waste recycling, IT asset disposal and destruction, and carbon neutral solutions; build-to-suit and wholesale data center solutions; disaster recovery and business continuity solutions; security and compliance solutions; and edge data centers. It also provides self-service portals comprising ONEDC, a data center infrastructure management solution; and AXON, an interconnectivity platform.

NEXTDC Limited Fundamentals Summary

How do NEXTDC's earnings and revenue compare to its market cap?
NXT fundamental statistics
Market cap	AU$10.89b
Earnings (TTM)	-AU$44.15m
Revenue (TTM)	AU$404.34m

26.9x

P/S Ratio

-246.7x

P/E Ratio

Is NXT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NXT income statement (TTM)
Revenue	AU$404.34m
Cost of Revenue	AU$147.20m
Gross Profit	AU$257.13m
Other Expenses	AU$301.28m
Earnings	-AU$44.15m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.07
Gross Margin	63.59%
Net Profit Margin	-10.92%
Debt/Equity Ratio	38.6%

How did NXT perform over the long term?

See historical performance and comparison

NXT Stock Overview

Rewards

Risk Analysis

NEXTDC Limited Competitors

ASX:MAQ

AU$2.1b

ASX:MP1

AU$1.2b

ASX:TNE

AU$7.8b

ASX:XRO

AU$22.7b

Price History & Performance

Recent News & Updates

NEXTDC Limited has filed a Follow-on Equity Offering in the amount of AUD 200 million.

Consensus EPS estimates fall by 19%

Here's What's Concerning About NEXTDC's (ASX:NXT) Returns On Capital

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

NEXTDC Limited Provides Earnings Guidance for the Fiscal Year 2025

New minor risk - Shareholder dilution

Recent updates

NEXTDC Limited has filed a Follow-on Equity Offering in the amount of AUD 200 million.

Consensus EPS estimates fall by 19%

Here's What's Concerning About NEXTDC's (ASX:NXT) Returns On Capital

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

NEXTDC Limited Provides Earnings Guidance for the Fiscal Year 2025

New minor risk - Shareholder dilution

NEXTDC Limited has filed a Follow-on Equity Offering in the amount of AUD 1.321083 billion.

NEXTDC Limited has filed a Follow-on Equity Offering in the amount of AUD 1.321083 billion.

New major risk - Revenue and earnings growth

AU$17.37 - That's What Analysts Think NEXTDC Limited (ASX:NXT) Is Worth After These Results

Price target increased by 11% to AU$17.37

First half 2024 earnings released: AU$0.044 loss per share (vs AU$0.006 loss in 1H 2023)

NEXTDC Limited's (ASX:NXT) Shareholders Might Be Looking For Exit

There Are Reasons To Feel Uneasy About NEXTDC's (ASX:NXT) Returns On Capital

NEXTDC Limited, Annual General Meeting, Nov 24, 2023

Does NEXTDC (ASX:NXT) Have A Healthy Balance Sheet?

NEXTDC's (ASX:NXT) Returns On Capital Not Reflecting Well On The Business

Price target increased by 7.5% to AU$14.82

Insufficient new directors

New major risk - Revenue and earnings growth

New major risk - Financial position

Full year 2023 earnings: Revenues exceed analyst expectations

Consensus EPS estimates fall by 669%

NEXTDC Limited Appoints Maria Leftakis to its Board as Non-Executive Director

Consensus EPS estimates fall by 35%

Consensus EPS estimates fall by 27%

Consensus EPS estimates upgraded to AU$0.0046 loss

Consensus EPS estimates fall by 18%

NEXTDC (ASX:NXT) Has A Somewhat Strained Balance Sheet

Price target increased by 7.9% to AU$13.71

Price target increased by 7.0% to AU$13.59

Consensus EPS estimates upgraded to AU$0.0033 loss

First half 2023 earnings released: AU$0.006 loss per share (vs AU$0.023 profit in 1H 2022)

NEXTDC (ASX:NXT) Might Be Having Difficulty Using Its Capital Effectively

Insufficient new directors

This Is Why We Think NEXTDC Limited's (ASX:NXT) CEO Might Get A Pay Rise Approved By Shareholders

Insufficient new directors

NEXTDC Limited, Annual General Meeting, Nov 18, 2022

These 4 Measures Indicate That NEXTDC (ASX:NXT) Is Using Debt Extensively

Price target decreased to AU$12.73

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

NEXTDC Limited Provides Earnings Guidance for the Year 2023

NEXTDC's (ASX:NXT) Returns On Capital Not Reflecting Well On The Business

NEXTDC Hires Macquarie Capital for Global Switch Bid

NEXTDC (ASX:NXT) Is Reinvesting At Lower Rates Of Return

We Think That There Are Issues Underlying NEXTDC's (ASX:NXT) Earnings

Non-Executive Director recently bought AU$64k worth of stock

NEXTDC Limited Revises Data Centre Services Revenue Guidance for the Fiscal Year 2022

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

NEXTDC Limited to Report First Half, 2022 Results on Feb 24, 2022

Some Investors May Be Worried About NEXTDC's (ASX:NXT) Returns On Capital

CEO, MD & Executive Director recently sold AU$22m worth of stock

Is NEXTDC (ASX:NXT) Using Too Much Debt?

Full year 2021 earnings released

NEXTDC Limited Provides Earnings Guidance for the Year Ending June 30, 2022

Returns Are Gaining Momentum At NEXTDC (ASX:NXT)

Here's Why NEXTDC (ASX:NXT) Has A Meaningful Debt Burden

NEXTDC (ASX:NXT) Might Have The Makings Of A Multi-Bagger