NEXE Stock Overview
NEXE Innovations Inc. designs, develops, manufactures, and sells plant-based single-serve coffee pods for use in single-serve coffee machines.
NEXE Innovations Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.30|
|52 Week High||CA$1.32|
|52 Week Low||CA$0.25|
|1 Month Change||-16.67%|
|3 Month Change||-41.18%|
|1 Year Change||-75.61%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-80.65%|
Recent News & Updates
|NEXE||CA Packaging||CA Market|
Return vs Industry: NEXE underperformed the Canadian Packaging industry which returned -12.6% over the past year.
Return vs Market: NEXE underperformed the Canadian Market which returned -5.7% over the past year.
|NEXE Average Weekly Movement||11.0%|
|Packaging Industry Average Movement||4.8%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||17.2%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: NEXE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: NEXE's weekly volatility (11%) has been stable over the past year.
About the Company
NEXE Innovations Inc. designs, develops, manufactures, and sells plant-based single-serve coffee pods for use in single-serve coffee machines. The company was founded in 2015 and is headquartered in Surrey, Canada.
NEXE Innovations Fundamentals Summary
|NEXE fundamental statistics|
Is NEXE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NEXE income statement (TTM)|
|Cost of Revenue||CA$0|
Last Reported Earnings
Feb 28, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.15|
|Net Profit Margin||0.00%|
How did NEXE perform over the long term?See historical performance and comparison
Is NEXE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NEXE?
Other financial metrics that can be useful for relative valuation.
|What is NEXE's n/a Ratio?|
Price to Book Ratio vs Peers
How does NEXE's PB Ratio compare to its peers?
|NEXE PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
Price-To-Book vs Peers: NEXE is good value based on its Price-To-Book Ratio (0.6x) compared to the peer average (6.7x).
Price to Earnings Ratio vs Industry
How does NEXE's PE Ratio compare vs other companies in the Packaging Industry?
Price-To-Book vs Industry: NEXE is good value based on its Price-To-Book Ratio (0.6x) compared to the Canadian Packaging industry average (1.6x)
Price to Book Ratio vs Fair Ratio
What is NEXE's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||0.6x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate NEXE's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of NEXE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate NEXE's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate NEXE's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NEXE's PEG Ratio to determine if it is good value.
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How is NEXE Innovations forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NEXE Innovations has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine NEXE Innovations's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- NEXE Innovations competitive advantages and company strategy can generally be found in its financial reports archived here.
How has NEXE Innovations performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Last years earnings growth
Earnings and Revenue History
Quality Earnings: NEXE is currently unprofitable.
Growing Profit Margin: NEXE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NEXE's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare NEXE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NEXE is unprofitable, making it difficult to compare its past year earnings growth to the Packaging industry (5.1%).
Return on Equity
High ROE: NEXE has a negative Return on Equity (-31.65%), as it is currently unprofitable.
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How is NEXE Innovations's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: NEXE's short term assets (CA$39.7M) exceed its short term liabilities (CA$2.2M).
Long Term Liabilities: NEXE's short term assets (CA$39.7M) exceed its long term liabilities (CA$1.7M).
Debt to Equity History and Analysis
Debt Level: NEXE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NEXE's debt to equity ratio has reduced over the past 5 years.
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: NEXE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NEXE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 82.7% each year
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What is NEXE Innovations's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NEXE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NEXE'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 NEXE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NEXE's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as NEXE has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Darren Footz serves as the Chief Executive Officer and Director of NEXE Innovations Inc. (formerly Whatcom Capital Corp.) since December 2020. A serial entrepreneur, Mr. Footz is the past President of...
CEO Compensation Analysis
Compensation vs Market: Darren's total compensation ($USD442.14K) is above average for companies of similar size in the Canadian market ($USD175.39K).
Compensation vs Earnings: Darren's compensation has increased whilst the company is unprofitable.
Experienced Board: NEXE's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NEXE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NEXE Innovations Inc.'s employee growth, exchange listings and data sources
- Name: NEXE Innovations Inc.
- Ticker: NEXE
- Exchange: TSXV
- Founded: 2015
- Industry: Paper Packaging
- Sector: Materials
- Implied Market Cap: CA$29.052m
- Shares outstanding: 96.84m
- Website: https://nexeinnovations.com
- NEXE Innovations Inc.
- 109-19353 22 Avenue
- British Columbia
- V3Z 3S6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 00:00|
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.