NEXA Stock Overview
Nexa Resources S.A., through its subsidiaries, engages in the zinc mining and smelting business.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$7.82|
|52 Week High||US$12.86|
|52 Week Low||US$6.50|
|1 Month Change||-15.73%|
|3 Month Change||-3.81%|
|1 Year Change||-4.63%|
|3 Year Change||-37.44%|
|5 Year Change||n/a|
|Change since IPO||-56.68%|
Recent News & Updates
Investors Will Want Nexa Resources' (NYSE:NEXA) Growth In ROCE To Persist
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
|NEXA||US Metals and Mining||US Market|
Return vs Industry: NEXA underperformed the US Metals and Mining industry which returned 26.3% over the past year.
Return vs Market: NEXA underperformed the US Market which returned 21.3% over the past year.
|NEXA Average Weekly Movement||12.2%|
|Metals and Mining Industry Average Movement||8.8%|
|Market Average Movement||5.9%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.2%|
Stable Share Price: NEXA is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: NEXA's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Nexa Resources S.A., through its subsidiaries, engages in the zinc mining and smelting business. It also produces zinc, silver, gold, copper, cement, sulfuric acid, lead, agricultural lime, and copper sulfate deposits. The company owns and operates five underground polymetallic mines, including three located in the Central Andes of Peru; and two located in the state of Minas Gerais in Brazil.
Nexa Resources Fundamentals Summary
|NEXA fundamental statistics|
Is NEXA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NEXA income statement (TTM)|
|Cost of Revenue||US$1.85b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.23|
|Net Profit Margin||6.33%|
How did NEXA perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
Is Nexa Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NEXA ($7.82) is trading below our estimate of fair value ($55.72)
Significantly Below Fair Value: NEXA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NEXA is good value based on its PE Ratio (6.3x) compared to the US Metals and Mining industry average (9.4x).
PE vs Market: NEXA is good value based on its PE Ratio (6.3x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: NEXA is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: NEXA is good value based on its PB Ratio (0.7x) compared to the US Metals and Mining industry average (2.2x).
How is Nexa Resources forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEXA's forecast earnings growth (12.5% per year) is above the savings rate (2%).
Earnings vs Market: NEXA's earnings (12.5% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: NEXA's earnings are forecast to grow, but not significantly.
Revenue vs Market: NEXA's revenue (2.7% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: NEXA's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NEXA's Return on Equity is forecast to be low in 3 years time (9.2%).
How has Nexa Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NEXA has high quality earnings.
Growing Profit Margin: NEXA became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: NEXA has become profitable over the past 5 years, growing earnings by -43.7% per year.
Accelerating Growth: NEXA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NEXA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (102.1%).
Return on Equity
High ROE: NEXA's Return on Equity (11.9%) is considered low.
How is Nexa Resources's financial position?
Financial Position Analysis
Short Term Liabilities: NEXA's short term assets ($1.5B) exceed its short term liabilities ($886.4M).
Long Term Liabilities: NEXA's short term assets ($1.5B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: NEXA's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: NEXA's debt to equity ratio has increased from 33.3% to 102.1% over the past 5 years.
Debt Coverage: NEXA's debt is well covered by operating cash flow (31.7%).
Interest Coverage: NEXA's interest payments on its debt are well covered by EBIT (4.3x coverage).
What is Nexa Resources's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NEXA's dividend (3.38%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: NEXA's dividend (3.38%) is low compared to the top 25% of dividend payers in the US market (3.58%).
Stability and Growth of Payments
Stable Dividend: NEXA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NEXA has only been paying a dividend for 3 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.4%), NEXA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NEXA's dividends in 3 years are forecast to be well covered by earnings (33.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Titus Martins (59 yo)
Mr. Tito Botelho Martins Jr, also known as Titus, has been Chief Executive Officer of Nexa Resources S.A. (formerly, VM Holding S.A.) since 2012 and served as its President until November 1, 2021 and Membe...
CEO Compensation Analysis
Compensation vs Market: Titus's total compensation ($USD2.34M) is about average for companies of similar size in the US market ($USD2.26M).
Compensation vs Earnings: Titus's compensation has been consistent with company performance over the past year.
Experienced Management: NEXA's management team is considered experienced (2.8 years average tenure).
Experienced Board: NEXA's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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.
Nexa Resources S.A.'s employee growth, exchange listings and data sources
- Name: Nexa Resources S.A.
- Ticker: NEXA
- Exchange: NYSE
- Founded: 1956
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: US$1.036b
- Shares outstanding: 132.44m
- Website: https://www.nexaresources.com
Number of Employees
- Nexa Resources S.A.
- 37A, Avenue J.F. Kennedy
- Luxembourg City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 23:16|
|End of Day Share Price||2021/11/26 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.