NexGen Energy Valuation

Is NXE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NXE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate NXE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate NXE's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for NXE?

Other financial metrics that can be useful for relative valuation.

NXE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-60x
PEG Ratio-3x

Price to Earnings Ratio vs Peers

How does NXE's PE Ratio compare to its peers?

The above table shows the PE ratio for NXE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average68.2x
DML Denison Mines
35x-111.8%CA$2.5b
CCO Cameco
130.3x22.5%CA$31.0b
URC Uranium Royalty
81.1xn/aCA$396.6m
SGQ SouthGobi Resources
26.4xn/aCA$192.5m
NXE NexGen Energy
102.6x-34.6%CA$5.4b

Price-To-Earnings vs Peers: NXE is expensive based on its Price-To-Earnings Ratio (102.6x) compared to the peer average (68.2x).


Price to Earnings Ratio vs Industry

How does NXE's PE Ratio compare vs other companies in the CA Oil and Gas Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a6.9%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a6.9%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: NXE is expensive based on its Price-To-Earnings Ratio (102.6x) compared to the Canadian Oil and Gas industry average (11.5x).


Price to Earnings Ratio vs Fair Ratio

What is NXE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NXE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio102.8x
Fair PE Ratio5.3x

Price-To-Earnings vs Fair Ratio: NXE is expensive based on its Price-To-Earnings Ratio (102.6x) compared to the estimated Fair Price-To-Earnings Ratio (5.3x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NXE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$9.66
CA$13.97
+44.6%
16.6%CA$21.00CA$11.00n/a12
Jun ’25CA$10.62
CA$13.97
+31.6%
16.6%CA$21.00CA$11.00n/a12
May ’25CA$10.74
CA$14.05
+30.8%
17.3%CA$21.00CA$11.00n/a11
Apr ’25CA$11.45
CA$13.70
+19.6%
17.3%CA$21.00CA$11.00n/a13
Mar ’25CA$10.48
CA$13.32
+27.1%
20.4%CA$21.00CA$11.00n/a12
Feb ’25CA$11.04
CA$12.29
+11.3%
22.9%CA$21.00CA$10.00n/a12
Jan ’25CA$9.27
CA$11.50
+24.1%
8.7%CA$14.00CA$10.00n/a12
Dec ’24CA$8.72
CA$11.29
+29.5%
10.1%CA$14.00CA$10.00n/a12
Nov ’24CA$8.41
CA$11.08
+31.8%
9.7%CA$14.00CA$10.00n/a12
Oct ’24CA$8.13
CA$10.46
+28.6%
7.7%CA$11.50CA$9.00n/a12
Sep ’24CA$7.18
CA$10.00
+39.3%
11.6%CA$11.50CA$7.25n/a12
Aug ’24CA$6.46
CA$9.88
+52.9%
12.5%CA$11.50CA$7.25n/a12
Jul ’24CA$6.25
CA$9.86
+57.8%
13.0%CA$11.50CA$7.25n/a11
Jun ’24CA$5.78
CA$9.82
+69.9%
14.1%CA$11.50CA$6.75CA$10.6211
May ’24CA$5.18
CA$9.82
+89.5%
14.1%CA$11.50CA$6.75CA$10.7411
Apr ’24CA$5.19
CA$9.82
+89.2%
14.1%CA$11.50CA$6.75CA$11.4511
Mar ’24CA$5.97
CA$9.82
+64.5%
14.1%CA$11.50CA$6.75CA$10.4811
Feb ’24CA$6.53
CA$9.50
+45.5%
15.5%CA$11.50CA$6.75CA$11.0411
Jan ’24CA$5.99
CA$9.50
+58.6%
15.5%CA$11.50CA$6.75CA$9.2711
Dec ’23CA$6.14
CA$9.50
+54.6%
16.0%CA$11.50CA$6.50CA$8.7211
Nov ’23CA$5.71
CA$9.40
+64.5%
16.6%CA$11.50CA$6.50CA$8.4110
Oct ’23CA$5.02
CA$9.47
+88.5%
16.5%CA$11.50CA$6.50CA$8.1310
Sep ’23CA$5.43
CA$9.47
+74.3%
16.5%CA$11.50CA$6.50CA$7.1810
Aug ’23CA$5.58
CA$9.50
+70.2%
16.3%CA$11.50CA$6.50CA$6.4610
Jul ’23CA$4.62
CA$9.49
+105.5%
16.1%CA$11.50CA$6.50CA$6.259
Jun ’23CA$5.62
CA$9.81
+74.5%
10.2%CA$10.75CA$7.50CA$5.788

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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