NXL Stock Overview

Provides investigative analytics and intelligence software solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa. More details

NXL fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 12.8% below our estimate of its fair value

Earnings are forecast to grow 40.24% per year

Became profitable this year

Risk Analysis

Large one-off items impacting financial results

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Nuix Limited Competitors

Objective

ASX:OCL

AU$1.6b

Iress

ASX:IRE

AU$1.7b

SiteMinder

ASX:SDR

AU$1.7b

Hansen Technologies

ASX:HSN

AU$1.1b

Price History & Performance

Summary of share price highs, lows and changes for Nuix
Historical stock prices
Current Share Price	AU$6.09
52 Week High	AU$7.85
52 Week Low	AU$1.49
Beta	2.05
1 Month Change	-0.98%
3 Month Change	-3.18%
1 Year Change	235.54%
3 Year Change	178.08%
5 Year Change	n/a
Change since IPO	-23.97%

Estimating The Fair Value Of Nuix Limited (ASX:NXL)

Dec 09

Nuix's (ASX:NXL) Returns On Capital Not Reflecting Well On The Business

Oct 11

Recent updates

Shareholder Returns

	NXL	AU Software	AU Market
7D	-3.2%	-2.2%	-2.0%
1Y	235.5%	60.8%	7.8%

Return vs Industry: NXL exceeded the Australian Software industry which returned 60.8% over the past year.

Return vs Market: NXL exceeded the Australian Market which returned 7.8% over the past year.

Price Volatility

Is NXL's price volatile compared to industry and market?
NXL volatility
NXL Average Weekly Movement	9.2%
Software Industry Average Movement	9.2%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: NXL has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: NXL's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2000	400	Jonathan Rubinsztein	www.nuix.com

Nuix Limited provides investigative analytics and intelligence software solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa. The company offers Nuix Neo comprise Nuix Neo Data Privacy for managing data privacy; Nuix Neo Investigations, automates workflows and scales across data sources to get to the truth; and Nuix Neo Legal provides insights from data and make decisions for law firms and legal service providers. It also provides Nuix Discover, an eDiscovery processing, review, analytics, and predictive coding in one software solution; Nuix Workstation, a platform that process file formats and source types to search and analyze, and turn data into information; Nuix Investigate, visualize communication patterns and establish case position sooner; Nuix NLP, an automated content analytics platform combining artificial intelligence and machine learning-driven natural language processing technologies for reading, interpreting and analyzing unstructured text; Nuix Adaptive Security, detects potential internal and external threats to data security in real-time; and Nuix Enterprise Collection Center, a streamline and automate data collection for relocation, analysis, processing, and production.

Nuix Limited Fundamentals Summary

How do Nuix's earnings and revenue compare to its market cap?
NXL fundamental statistics
Market cap	AU$1.98b
Earnings (TTM)	AU$5.03m
Revenue (TTM)	AU$220.62m

400.7x

P/E Ratio

9.1x

P/S Ratio

Is NXL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NXL income statement (TTM)
Revenue	AU$220.62m
Cost of Revenue	AU$21.65m
Gross Profit	AU$198.97m
Other Expenses	AU$193.95m
Earnings	AU$5.03m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.015
Gross Margin	90.19%
Net Profit Margin	2.28%
Debt/Equity Ratio	0%

How did NXL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 15:20
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nuix Limited is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
ZheWei Sim	Jefferies LLC
Sinclair Currie	MA Moelis Australia Securities Pty Ltd
Andrew McLeod	Morgan Stanley

NXL Stock Overview

Rewards

Risk Analysis

Nuix Limited Competitors

ASX:OCL

AU$1.6b

ASX:IRE

AU$1.7b

ASX:SDR

AU$1.7b

ASX:HSN

AU$1.1b

Price History & Performance

Recent News & Updates

Estimating The Fair Value Of Nuix Limited (ASX:NXL)

Price target increased by 15% to AU$6.92

Now 23% undervalued

Consensus EPS estimates increase by 25%

Nuix's (ASX:NXL) Returns On Capital Not Reflecting Well On The Business

Now 23% overvalued after recent price rise

Recent updates

Estimating The Fair Value Of Nuix Limited (ASX:NXL)

Price target increased by 15% to AU$6.92

Now 23% undervalued

Consensus EPS estimates increase by 25%

Nuix's (ASX:NXL) Returns On Capital Not Reflecting Well On The Business

Now 23% overvalued after recent price rise

Nuix Limited, Annual General Meeting, Nov 13, 2024

Nuix Limited Announces CFO Changes

What Nuix Limited's (ASX:NXL) 38% Share Price Gain Is Not Telling You

Nuix Announces the Appointment of Cynthia Evans as Interim Chief Financial Officer, Effective August 30, 2024

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

New minor risk - Share price stability

Now 24% overvalued after recent price rise

Nuix Limited to Report Fiscal Year 2024 Results on Aug 19, 2024

There's Reason For Concern Over Nuix Limited's (ASX:NXL) Price

Now 33% overvalued after recent price rise

Why Nuix Limited (ASX:NXL) Could Be Worth Watching

Calculating The Fair Value Of Nuix Limited (ASX:NXL)

Nuix Limited's (ASX:NXL) 31% Share Price Surge Not Quite Adding Up

First half 2024 earnings released: AU$0.015 loss per share (vs AU$0.004 profit in 1H 2023)

Now 23% undervalued

Why Nuix Limited (ASX:NXL) Could Be Worth Watching

Now 21% undervalued

Nuix Limited to Report First Half, 2024 Results on Feb 19, 2024

Calculating The Fair Value Of Nuix Limited (ASX:NXL)

We're Not Worried About Nuix's (ASX:NXL) Cash Burn

Nuix Limited Announces Resignation of Sue Thomas as Non-Executive Director, Effective 18 October 2023

Nuix Limited, Annual General Meeting, Oct 19, 2023

Full year 2023 earnings released: AU$0.02 loss per share (vs AU$0.072 loss in FY 2022)

Nuix Limited to Report Fiscal Year 2023 Results on Aug 18, 2023

Nuix Limited's (ASX:NXL) Business And Shares Still Trailing The Industry

Companies Like Nuix (ASX:NXL) Are In A Position To Invest In Growth

Nuix Limited (ASX:NXL) entered into an agreement to acquire Rampiva Technology Inc. and Rampiva Global, LLC for $7 million.

First half 2023 earnings released

Nuix Limited Announces Board Changes

Companies Like Nuix (ASX:NXL) Are In A Position To Invest In Growth

Nuix Limited to Report First Half, 2023 Results on Feb 20, 2023

Nuix Limited Announces Board Changes

Nuix Limited Announces the Appointment of Sara Watts as an Independent Non-Executive Director, Effective January 2023

Nuix Announces the Appointment of Alan Cameron as an Independent Non-Executive Director, Effective January, 2023

High number of new and inexperienced directors

We Think Nuix (ASX:NXL) Can Afford To Drive Business Growth

Nuix Limited, Annual General Meeting, Nov 18, 2022

Global CEO & Executive Director recently bought AU$236k worth of stock

Dan Phillips to Step Down from His Position as Non-Executive Director of Nuix Limited

Full year 2022 earnings released: AU$0.072 loss per share (vs AU$0.005 loss in FY 2021)

Nuix Limited Announces Management Changes

Nuix Limited Provides Earnings Guidance for the Fiscal Year Ended June 30, 2022

Nuix Limited Confirms Trial of the Legal Proceedings Brought by Edward Sheehy

The Returns At Nuix (ASX:NXL) Aren't Growing

High number of new directors

Independent Chairman recently bought AU$140k worth of stock

Investor sentiment improved over the past week

First half 2022 earnings: Revenues in line with analyst expectations

Independent Non-Executive Director recently bought AU$100k worth of stock

Nuix's (ASX:NXL) Returns On Capital Not Reflecting Well On The Business

Nuix Limited Provides Earnings Guidance for the First Half of 2022

High number of new directors

Independent Non-Executive Director recently bought AU$215k worth of stock