| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
NXT Overview
NEXTDC Limited, a technology company, provides data center outsourcing solutions, connectivity services, and infrastructure management software in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$11.79 |
| 52 Week High | AU$10.06 |
| 52 Week Low | AU$14.10 |
| Beta | -0.14 |
| 1 Month Change | -12.60% |
| 3 Month Change | -8.25% |
| 1 Year Change | -12.47% |
| 3 Year Change | 103.98% |
| 5 Year Change | 221.25% |
| Change since IPO | 639.19% |
Recent News & Updates
Is NEXTDC (ASX:NXT) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Returns Are Gaining Momentum At NEXTDC (ASX:NXT)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Here's Why NEXTDC (ASX:NXT) Has A Meaningful Debt Burden
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Shareholder Returns
| NXT | AU IT | AU Market | |
|---|---|---|---|
| 7D | -3.6% | 1.6% | 0.7% |
| 1Y | -12.5% | 8.6% | 21.4% |
Return vs Industry: NXT underperformed the Australian IT industry which returned 8.6% over the past year.
Return vs Market: NXT underperformed the Australian Market which returned 21.4% over the past year.
Price Volatility
| NXT volatility | |
|---|---|
| NXT Beta | -0.14 |
| Industry Beta | 1.68 |
| Market Beta | 1 |
Stable Share Price: NXT is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NXT's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | 271 | Craig Scroggie | https://www.nextdc.com |
NEXTDC Limited, a technology company, provides data center outsourcing solutions, connectivity services, and infrastructure management software in Australia. The company offers cloud connectivity for organizations; data center-as-a-service solutions; universal interconnection solutions; cloud center ecosystems; and data center asset management services. It also provides technical assistance on-the-ground; and data center professional services for the infrastructure life cycle, including technical advisory, planning, project management, managing deliveries, and operational infrastructure support.
NEXTDC Fundamentals Summary
| NXT fundamental statistics | |
|---|---|
| Market Cap | AU$5.38b |
| Earnings (TTM) | -AU$20.65m |
| Revenue (TTM) | AU$246.07m |
21.9x
P/S Ratio-260.7x
P/E RatioIs NXT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NXT income statement (TTM) | |
|---|---|
| Revenue | AU$246.07m |
| Cost of Revenue | AU$81.03m |
| Gross Profit | AU$165.04m |
| Expenses | AU$185.69m |
| Earnings | -AU$20.65m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.045 |
| Gross Margin | 67.07% |
| Net Profit Margin | -8.39% |
| Debt/Equity Ratio | 47.1% |
How did NXT perform over the long term?
See historical performance and comparisonValuation
Is NEXTDC undervalued compared to its fair value and its price relative to the market?
3.24x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NXT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NXT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NXT is unprofitable, so we can't compare its PE Ratio to the Australian IT industry average.
PE vs Market: NXT is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NXT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NXT's PB Ratio (3.2x) is in line with the AU IT industry average.
Future Growth
How is NEXTDC forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
41.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NXT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: NXT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NXT's is expected to become profitable in the next 3 years.
Revenue vs Market: NXT's revenue (16.9% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: NXT's revenue (16.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NXT's Return on Equity is forecast to be low in 3 years time (3.1%).
Past Performance
How has NEXTDC performed over the past 5 years?
-70.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NXT is currently unprofitable.
Growing Profit Margin: NXT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NXT is unprofitable, and losses have increased over the past 5 years at a rate of 70.2% per year.
Accelerating Growth: Unable to compare NXT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NXT is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-11.2%).
Return on Equity
High ROE: NXT has a negative Return on Equity (-1.24%), as it is currently unprofitable.
Financial Health
How is NEXTDC's financial position?
Financial Position Analysis
Short Term Liabilities: NXT's short term assets (A$716.7M) exceed its short term liabilities (A$77.3M).
Long Term Liabilities: NXT's short term assets (A$716.7M) do not cover its long term liabilities (A$903.4M).
Debt to Equity History and Analysis
Debt Level: NXT's debt to equity ratio (47.1%) is considered high.
Reducing Debt: NXT's debt to equity ratio has reduced from 47.6% to 47.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NXT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NXT has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 27.3% each year.
Dividend
What is NEXTDC current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NXT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NXT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NXT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NXT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NXT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average management tenure
CEO
Craig Scroggie
9.33yrs
Tenure
AU$3,146,357
Compensation
Mr. Craig Scroggie has been Executive Chairman at Asia Pacific Data Centre Group since October 18, 2018. He has been Managing Director at NEXTDC Limited since November 2010 and its Chief Executive Officer...
CEO Compensation Analysis
Compensation vs Market: Craig's total compensation ($USD2.36M) is above average for companies of similar size in the Australian market ($USD1.79M).
Compensation vs Earnings: Craig's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: NXT's management team is considered experienced (3.1 years average tenure).
Board Members
Experienced Board: NXT's board of directors are considered experienced (7.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NXT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
NEXTDC Limited's employee growth, exchange listings and data sources
Key Information
- Name: NEXTDC Limited
- Ticker: NXT
- Exchange: ASX
- Founded: 2010
- Industry: Internet Services and Infrastructure
- Sector: Software
- Market Cap: AU$5.380b
- Shares outstanding: 456.69m
- Website: https://www.nextdc.com
Number of Employees
Location
- NEXTDC Limited
- GPO Box 3219
- Brisbane
- Queensland
- 4001
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/22 07:05 |
| End of Day Share Price | 2021/10/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.