NexGen Energy Ltd.

LSE:0V9D Stock Report

Market Cap: CA$5.9b

NexGen Energy Valuation

Is 0V9D undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 0V9D when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 0V9D's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 0V9D's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0V9D?

Key metric: As 0V9D is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0V9D. This is calculated by dividing 0V9D's market cap by their current earnings.
What is 0V9D's PE Ratio?
PE Ratio40.3x
EarningsCA$147.73m
Market CapCA$5.95b

Price to Earnings Ratio vs Peers

How does 0V9D's PE Ratio compare to its peers?

The above table shows the PE ratio for 0V9D vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.4x
YCA Yellow Cake
7.7x-79.9%UK£1.1b
HSP Hargreaves Services
15.4x23.4%UK£194.5m
HBR Harbour Energy
49.4x1.0%UK£3.8b
ENOG Energean
8.9x4.3%UK£2.0b
0V9D NexGen Energy
40.3x-43.4%CA$5.9b

Price-To-Earnings vs Peers: 0V9D is expensive based on its Price-To-Earnings Ratio (40.3x) compared to the peer average (20.1x).

Price to Earnings Ratio vs Industry

How does 0V9D's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ROSN Rosneft Oil
1.5xn/aUS$21.03b
No more companies available in this PE range
0V9D 40.3xIndustry Avg. 8.7xNo. of Companies5PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0V9D is expensive based on its Price-To-Earnings Ratio (40.3x) compared to the UK Oil and Gas industry average (8.7x).

Price to Earnings Ratio vs Fair Ratio

What is 0V9D'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.

0V9D PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio40.3x
Fair PE Ratio7x

Price-To-Earnings vs Fair Ratio: 0V9D is expensive based on its Price-To-Earnings Ratio (40.3x) compared to the estimated Fair Price-To-Earnings Ratio (7x).

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 0V9D forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$10.52
CA$14.15
+34.6%
14.1%CA$21.00CA$12.00n/a15
Dec ’25CA$12.06
CA$13.95
+15.7%
15.4%CA$21.00CA$11.00n/a15
Nov ’25CA$10.44
CA$12.89
+23.6%
18.9%CA$21.00CA$10.00n/a14
Oct ’25CA$9.01
CA$12.75
+41.5%
19.5%CA$21.00CA$10.00n/a14
Sep ’25CA$7.98
CA$13.04
+63.4%
18.9%CA$21.00CA$10.00n/a13
Aug ’25CA$8.66
CA$13.59
+56.9%
17.6%CA$21.00CA$11.00n/a13
Jul ’25CA$9.81
CA$13.97
+42.5%
16.6%CA$21.00CA$11.00n/a12
Jun ’25CA$10.79
CA$13.97
+29.5%
16.6%CA$21.00CA$11.00n/a12
May ’25CA$11.04
CA$14.05
+27.3%
17.3%CA$21.00CA$11.00n/a11
Apr ’25CA$10.24
CA$13.70
+33.8%
17.3%CA$21.00CA$11.00n/a13
Mar ’25CA$10.03
CA$13.32
+32.8%
20.4%CA$21.00CA$11.00n/a12
Feb ’25CA$10.94
CA$12.29
+12.4%
22.9%CA$21.00CA$10.00n/a12
Jan ’25CA$9.16
CA$11.50
+25.6%
8.7%CA$14.00CA$10.00CA$9.4412
Dec ’24CA$8.71
CA$11.29
+29.7%
10.1%CA$14.00CA$10.00CA$12.0612
Nov ’24CA$8.38
CA$11.08
+32.3%
9.7%CA$14.00CA$10.00CA$10.4412
Oct ’24CA$8.10
CA$10.46
+29.1%
7.7%CA$11.50CA$9.00CA$9.0112
Sep ’24CA$7.18
CA$10.00
+39.4%
11.6%CA$11.50CA$7.25CA$7.9812
Aug ’24CA$6.50
CA$9.88
+52.0%
12.5%CA$11.50CA$7.25CA$8.6612
Jul ’24CA$6.05
CA$9.86
+63.0%
13.0%CA$11.50CA$7.25CA$9.8111
Jun ’24CA$5.70
CA$9.82
+72.4%
14.1%CA$11.50CA$6.75CA$10.7911
May ’24CA$5.02
CA$9.82
+95.6%
14.1%CA$11.50CA$6.75CA$11.0411
Apr ’24CA$5.21
CA$9.82
+88.6%
14.1%CA$11.50CA$6.75CA$10.2411
Mar ’24CA$5.92
CA$9.82
+65.8%
14.1%CA$11.50CA$6.75CA$10.0311
Feb ’24CA$6.31
CA$9.50
+50.7%
15.5%CA$11.50CA$6.75CA$10.9411
Jan ’24n/a
CA$9.50
0%
15.5%CA$11.50CA$6.75CA$9.1611

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 18:22
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NexGen Energy Ltd. is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Regan BurrowsBell Potter
Alexander Robert PearceBMO Capital Markets Equity Research
David GaglianoBMO Capital Markets Equity Research