TSX:NXE

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has NexGen Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.6%

NXE

-0.5%

CA Oil and Gas

-0.2%

CA Market


1 Year Return

-31.9%

NXE

-12.6%

CA Oil and Gas

1.5%

CA Market

Return vs Industry: NXE underperformed the Canadian Oil and Gas industry which returned -12.6% over the past year.

Return vs Market: NXE underperformed the Canadian Market which returned 1.5% over the past year.


Shareholder returns

NXEIndustryMarket
7 Day0.6%-0.5%-0.2%
30 Day0%-6.1%-3.5%
90 Day-11.9%-4.5%-1.8%
1 Year-31.9%-31.9%-8.7%-12.6%5.1%1.5%
3 Year10.6%10.6%-17.1%-25.5%13.3%3.2%
5 Year444.6%444.6%-21.5%-33.4%25.2%7.2%

Price Volatility Vs. Market

How volatile is NexGen Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

3.69x

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 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 (3.7x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

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

-31.8%

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: Insufficient data to determine if NXE's revenue is forecast to grow faster than 20% per 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


Next Steps

Past Performance

How has NexGen Energy performed over the past 5 years?

-25.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NXE is unprofitable, and losses have increased over the past 5 years at a rate of -25.6% 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 (62.2%).


Return on Equity

High ROE: NXE has a negative Return on Equity (-5.18%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: NXE is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: NXE is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is NexGen Energy's financial position?


Financial Position Analysis

Short Term Liabilities: NXE's short term assets (CA$86.0M) exceeds its short term liabilities (CA$6.4M)

Long Term Liabilities: NXE's short term assets (86.0M) do not cover its long term liabilities (128.2M)


Debt to Equity History and Analysis

Debt Level: NXE's debt to equity ratio (67.1%) is considered high

Reducing Debt: NXE's debt to equity ratio has increased from 2.7% to 67.1% over the past 5 years.


Balance Sheet

Inventory Level: NXE has a high level of physical assets or inventory.

Debt Coverage by Assets: NXE's debt is not covered by short term assets (assets are 0.7x debt).


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 a year based on its current free cash flow.

Forecast Cash Runway: NXE has sufficient cash runway for 1.324404 years if free cash flow continues to reduce at historical rates of -7.1% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage4.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of NexGen Energy's salary, the management and board of directors tenure and is there insider trading?

1.9yrs

Average management tenure


CEO

Leigh Curyer (47yo)

6.5yrs

Tenure

CA$5,040,741

Compensation

Mr. Leigh Robert Curyer, BA (Acc), ACA, has been the Chief Executive Officer of NexGen Energy Ltd. since April 19, 2013 and its President since April 2013. He is the Co-Founder of NexGen Energy Ltd. Mr. C ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Leigh's total compensation is reasonable compared to companies of similar size in the Canadian market.

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


Management Age and Tenure

1.9yrs

Average Tenure

Experienced Management: NXE's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Age and Tenure

3.8yrs

Average Tenure

52.5yo

Average Age

Experienced Board: NXE's board of directors are considered experienced (3.8 years average tenure).


Insider Trading

Insider Buying: NXE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$20,06818 Sep 19
Bradley Wall
EntityIndividual
Role
Member of the Board of Directors
Director
Shares11,600
Max PriceCA$1.73
SellCA$988,24013 May 19
Leigh Curyer
EntityIndividual
Role
Chief Executive Officer
Founder
Shares435,500
Max PriceCA$2.57
BuyCA$41,00009 May 19
Sybil Veenman
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares20,000
Max PriceCA$2.05
BuyCA$49,79718 Dec 18
Sybil Veenman
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares20,000
Max PriceCA$2.49

Ownership Breakdown


Management Team

  • Leigh Curyer (47yo)

    Founder

    • Tenure: 6.5yrs
    • Compensation: CA$5.04m
  • Andrew Browne (71yo)

    Technical Advisor

    • Tenure: 2.3yrs
    • Compensation: CA$243.31k
  • Gillian McCombie

    Vice President of Human Resources

    • Tenure: 0.4yrs
  • Travis McPherson

    Vice President of Corporate Development

    • Tenure: 2.3yrs
    • Compensation: CA$1.27m
  • Bruce Sprague

    CFO & Corporate Secretary

    • Tenure: 1.9yrs
    • Compensation: CA$2.34m
  • Troy Boisjoli

    Vice President of Operations & Project Development

    • Tenure: 1.9yrs
    • Compensation: CA$549.33k
  • James Hatley

    Senior Vice President of Project Development

    • Tenure: 1.6yrs
    • Compensation: CA$652.10k
  • Harp Gosal

    Manager of Investor Relations

    • Tenure: 1.3yrs

Board Members

  • Sybil Veenman (55yo)

    Independent Director

    • Tenure: 1.2yrs
    • Compensation: CA$383.54k
  • Leigh Curyer (47yo)

    Founder

    • Tenure: 6.5yrs
    • Compensation: CA$5.04m
  • Richard Patricio (45yo)

    Independent Director

    • Tenure: 6.5yrs
    • Compensation: CA$1.08m
  • Trevor Thiele (61yo)

    Independent Director

    • Tenure: 6.5yrs
    • Compensation: CA$1.09m
  • Warren Gilman (59yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: CA$783.84k
  • Chris McFadden (50yo)

    Independent Chairman of the Board

    • Tenure: 5.4yrs
    • Compensation: CA$919.15k
  • Karri Howlett

    Independent Director

    • Tenure: 1.2yrs
    • Compensation: CA$383.54k
  • Brad Wall

    Director

    • Tenure: 0.6yrs

Company Information

NexGen Energy Ltd.'s company bio, 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$629.698m
  • Shares outstanding: 355.76m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NXETSX (The Toronto Stock Exchange)YesCommon SharesCACADApr 2013
NXEAMEX (NYSE MKT LLC)YesCommon SharesUSUSDApr 2013
6NEDB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2013
0V9DLSE (London Stock Exchange)YesCommon SharesGBCADApr 2013

Biography

NexGen Energy Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of uranium properties in Canada. Its principal property is the Rook I project that consists of 32 c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 00:24
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.