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NXE

NexGen EnergyTSX:NXE Stock Report

Market Cap

CA$2.8b

7D

-12.7%

1Y

152.4%

Updated

25 Sep, 2021

Data

Company Financials +
NXE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

NXE Overview

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada.

NexGen Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NexGen Energy
Historical stock prices
Current Share PriceCA$5.78
52 Week HighCA$2.12
52 Week LowCA$7.81
Beta1.61
1 Month Change8.44%
3 Month Change9.68%
1 Year Change152.40%
3 Year Change120.61%
5 Year Change189.00%
Change since IPO1,505.56%

Recent News & Updates

Sep 02
Is NexGen Energy (TSE:NXE) Using Debt In A Risky Way?

Is NexGen Energy (TSE:NXE) Using Debt In A Risky Way?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

NXECA Oil and GasCA Market
7D-12.7%2.3%-0.3%
1Y152.4%58.1%30.8%

Return vs Industry: NXE exceeded the Canadian Oil and Gas industry which returned 58.1% over the past year.

Return vs Market: NXE exceeded the Canadian Market which returned 30.8% over the past year.

Price Volatility

Is NXE's price volatile compared to industry and market?
NXE volatility
NXE Beta1.61
Industry Beta1.78
Market Beta1

Stable Share Price: NXE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: NXE's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201132Leigh Curyerhttps://www.nexgenenergy.ca

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 that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the Athabasca Basin, Saskatchewan. The company is headquartered in Vancouver, Canada.

NexGen Energy Fundamentals Summary

How do NexGen Energy's earnings and revenue compare to its market cap?
NXE fundamental statistics
Market CapCA$2.75b
Earnings (TTM)-CA$166.63m
Revenue (TTM)n/a

0x

P/S Ratio

-16.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NXE income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
ExpensesCA$166.63m
Earnings-CA$166.63m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.35
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio13.3%

How did NXE perform over the long term?

See historical performance and comparison

Valuation

Is NexGen Energy undervalued compared to its fair value and its price relative to the market?

6.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NXE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NXE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NXE is unprofitable, so we can't compare its PE Ratio to the Canadian Oil and Gas industry average.

PE vs Market: NXE is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NXE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NXE is overvalued based on its PB Ratio (6.3x) compared to the CA Oil and Gas industry average (1.9x).


Future Growth

How is NexGen Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

29.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NXE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: NXE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: NXE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if NXE's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: NXE is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if NXE's Return on Equity is forecast to be high in 3 years time


Past Performance

How has NexGen Energy performed over the past 5 years?

-44.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NXE is currently unprofitable.

Growing Profit Margin: NXE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NXE is unprofitable, and losses have increased over the past 5 years at a rate of 44.2% per year.

Accelerating Growth: Unable to compare NXE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NXE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (44.8%).


Return on Equity

High ROE: NXE has a negative Return on Equity (-37.45%), as it is currently unprofitable.


Financial Health

How is NexGen Energy's financial position?


Financial Position Analysis

Short Term Liabilities: NXE's short term assets (CA$239.1M) exceed its short term liabilities (CA$5.8M).

Long Term Liabilities: NXE's short term assets (CA$239.1M) exceed its long term liabilities (CA$65.7M).


Debt to Equity History and Analysis

Debt Level: NXE's debt to equity ratio (13.3%) is considered satisfactory.

Reducing Debt: NXE's debt to equity ratio has reduced from 66.8% to 13.3% 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: NXE has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: NXE has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 5.6% each year


Dividend

What is NexGen Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NXE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NXE'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 NXE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NXE'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 NXE's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Leigh Curyer (49 yo)

8.42yrs

Tenure

CA$5,752,802

Compensation

Mr. Leigh Robert Curyer, BA (Acc), ACA, serves as the Chairman of IsoEnergy Ltd and serves as its Director since February 2, 2016. He has been the Chief Executive Officer and President of NexGen Energy Ltd...


CEO Compensation Analysis

Compensation vs Market: Leigh's total compensation ($USD4.53M) is above average for companies of similar size in the Canadian market ($USD2.00M).

Compensation vs Earnings: Leigh's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: NXE's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: NXE's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.4%.


Top Shareholders

Company Information

NexGen Energy Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: NexGen Energy Ltd.
  • Ticker: NXE
  • Exchange: TSX
  • Founded: 2011
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: CA$2.753b
  • Shares outstanding: 476.25m
  • Website: https://www.nexgenenergy.ca

Number of Employees


Location

  • NexGen Energy Ltd.
  • 1021 West Hastings Street
  • Suite 3150
  • Vancouver
  • British Columbia
  • V6E 0C3
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 22:15
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.