NexGen Energy Ltd.

NYSE:NXE Stock Report

Market Cap: US$4.8b

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?

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

The above table shows the Price to Earnings ratio for NXE. This is calculated by dividing NXE's market cap by their current earnings.
What is NXE's PE Ratio?
PE Ratio44.6x
EarningsCA$147.73m
Market CapCA$6.68b

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 Average7.7x
CEIX CONSOL Energy
9x-1.0%US$3.7b
ARLP Alliance Resource Partners
7.9x-7.2%US$3.5b
BTU Peabody Energy
6x-7.7%US$3.2b
NRP Natural Resource Partners
7.9xn/aUS$1.4b
NXE NexGen Energy
44.6x-64.7%US$6.7b

Price-To-Earnings vs Peers: NXE is expensive based on its Price-To-Earnings Ratio (44.6x) compared to the peer average (7.7x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
BYRO.F Byron Energy
0.03x-10.3%US$312.17k
USOP.Y U.S. Oil and Gas
n/an/aUS$6.00
No more companies available in this PE range
NXE 44.6xIndustry Avg. 11.7xNo. of Companies15PE0612182430+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NXE is expensive based on its Price-To-Earnings Ratio (44.6x) compared to the US Oil and Gas industry average (11.8x).

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 Ratio44.6x
Fair PE Ratio3.7x

Price-To-Earnings vs Fair Ratio: NXE is expensive based on its Price-To-Earnings Ratio (44.6x) compared to the estimated Fair Price-To-Earnings Ratio (3.7x).

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 NXE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$8.33
US$9.60
+15.3%
17.6%US$15.02US$7.15n/a14
Nov ’25US$7.23
US$9.31
+28.7%
18.9%US$15.16US$7.22n/a14
Oct ’25US$6.64
US$9.49
+42.9%
19.5%US$15.63US$7.44n/a14
Sep ’25US$6.03
US$9.59
+59.0%
18.9%US$15.44US$7.35n/a13
Aug ’25US$5.84
US$9.79
+67.7%
17.6%US$15.14US$7.93n/a13
Jul ’25US$6.91
US$10.27
+48.6%
16.6%US$15.43US$8.08n/a12
Jun ’25US$7.78
US$10.27
+32.0%
16.6%US$15.43US$8.08n/a12
May ’25US$7.80
US$10.21
+30.9%
17.3%US$15.26US$7.99n/a11
Apr ’25US$8.43
US$10.09
+19.7%
17.3%US$15.47US$8.10n/a13
Mar ’25US$7.72
US$9.88
+27.9%
20.4%US$15.57US$8.16n/a12
Feb ’25US$8.25
US$9.15
+10.9%
22.9%US$15.64US$7.45n/a12
Jan ’25US$7.00
US$8.62
+23.2%
8.7%US$10.50US$7.50n/a12
Dec ’24US$6.46
US$8.29
+28.4%
10.1%US$10.28US$7.34n/a12
Nov ’24US$6.07
US$8.11
+33.6%
9.7%US$10.25US$7.32US$7.2312
Oct ’24US$5.97
US$7.75
+29.8%
7.7%US$8.52US$6.67US$6.6412
Sep ’24US$5.27
US$7.40
+40.4%
11.6%US$8.51US$5.36US$6.0312
Aug ’24US$4.86
US$7.39
+52.0%
12.5%US$8.60US$5.42US$5.8412
Jul ’24US$4.71
US$7.45
+58.1%
13.0%US$8.68US$5.47US$6.9111
Jun ’24US$4.31
US$7.29
+69.2%
14.1%US$8.54US$5.01US$7.7811
May ’24US$3.82
US$7.29
+90.9%
14.1%US$8.54US$5.01US$7.8011
Apr ’24US$3.83
US$7.29
+90.4%
14.1%US$8.54US$5.01US$8.4311
Mar ’24US$4.39
US$7.29
+66.1%
14.1%US$8.54US$5.01US$7.7211
Feb ’24US$4.93
US$6.96
+41.1%
15.5%US$8.42US$4.94US$8.2511
Jan ’24US$4.43
US$6.96
+57.0%
15.5%US$8.42US$4.94US$7.0011
Dec ’23US$4.56
US$7.07
+55.0%
16.0%US$8.56US$4.84US$6.4611
Nov ’23US$4.18
US$6.93
+65.8%
16.6%US$8.48US$4.79US$6.0710

Analyst Forecast: Target price is less than 20% higher than the current share price.

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