Nexgen Energy Stock Net Asset
| NXE Stock | USD 7.09 0.05 0.71% |
NexGen Energy fundamentals help investors to digest information that contributes to NexGen Energy's financial success or failures. It also enables traders to predict the movement of NexGen Stock. The fundamental analysis module provides a way to measure NexGen Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NexGen Energy stock.
NexGen | Net Asset |
NexGen Energy Company Net Asset Analysis
NexGen Energy's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current NexGen Energy Net Asset | 1.01 B |
Most of NexGen Energy's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NexGen Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NexGen Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for NexGen Energy is extremely important. It helps to project a fair market value of NexGen Stock properly, considering its historical fundamentals such as Net Asset. Since NexGen Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NexGen Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NexGen Energy's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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NexGen Total Assets
Total Assets |
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Based on the recorded statements, NexGen Energy has a Net Asset of 1.01 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net asset for all United States stocks is notably lower than that of the firm.
NexGen Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NexGen Energy's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NexGen Energy could also be used in its relative valuation, which is a method of valuing NexGen Energy by comparing valuation metrics of similar companies.NexGen Energy is regarded second in net asset category among its peers.
NexGen Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of NexGen Energy from analyzing NexGen Energy's financial statements. These drivers represent accounts that assess NexGen Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NexGen Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 588.9M | 1.3B | 2.5B | 2.9B | 4.6B | 4.8B | |
| Enterprise Value | 659.0M | 1.5B | 2.4B | 2.8B | 4.5B | 4.7B |
NexGen Energy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NexGen Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NexGen Energy's managers, analysts, and investors.Environmental | Governance | Social |
NexGen Energy Institutional Holders
Institutional Holdings refers to the ownership stake in NexGen Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NexGen Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NexGen Energy's value.| Shares | Bank Of New York Mellon Corp | 2023-12-31 | 5.3 M | Driehaus Capital Management Llc | 2024-03-31 | 4.4 M | Royal Bank Of Canada | 2023-12-31 | 3.6 M | Grantham, Mayo, Van Otterloo & Co., Llc | 2024-03-31 | 3.5 M | Td Asset Management Inc | 2024-03-31 | 3.1 M | Amvescap Plc. | 2023-12-31 | 3 M | 1832 Asset Management L.p | 2023-12-31 | 2.8 M | Vgi Partners Pty Ltd | 2024-03-31 | 2.7 M | Lloyd Harbor Capital Management, Llc | 2024-03-31 | 2.7 M | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 25.5 M | L1 Capital Pty Ltd | 2024-03-31 | 24.1 M |
NexGen Fundamentals
| Return On Equity | 0.0633 | ||||
| Return On Asset | -0.0644 | ||||
| Current Valuation | 3.59 B | ||||
| Shares Outstanding | 560.92 M | ||||
| Shares Owned By Insiders | 8.27 % | ||||
| Shares Owned By Institutions | 52.80 % | ||||
| Number Of Shares Shorted | 50.47 M | ||||
| Price To Earning | (25.53) X | ||||
| Price To Book | 7.22 X | ||||
| EBITDA | (82.93 M) | ||||
| Net Income | 70.17 M | ||||
| Cash And Equivalents | 167.27 M | ||||
| Cash Per Share | 0.35 X | ||||
| Total Debt | 160.42 M | ||||
| Debt To Equity | 0.14 % | ||||
| Current Ratio | 12.68 X | ||||
| Book Value Per Share | 1.72 X | ||||
| Cash Flow From Operations | (52.62 M) | ||||
| Short Ratio | 7.41 X | ||||
| Earnings Per Share | 0.08 X | ||||
| Target Price | 5.31 | ||||
| Number Of Employees | 77 | ||||
| Beta | 1.81 | ||||
| Market Capitalization | 3.95 B | ||||
| Total Asset | 1.01 B | ||||
| Retained Earnings | (304 M) | ||||
| Working Capital | 279.05 M | ||||
| Current Asset | 79.78 M | ||||
| Current Liabilities | 2.48 M | ||||
| Net Asset | 1.01 B |
About NexGen Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NexGen Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NexGen Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NexGen Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in NexGen Stock
When determining whether NexGen Energy is a strong investment it is important to analyze NexGen Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NexGen Energy's future performance. For an informed investment choice regarding NexGen Stock, refer to the following important reports:Check out NexGen Energy Piotroski F Score and NexGen Energy Altman Z Score analysis. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NexGen Energy. If investors know NexGen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NexGen Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.08 | Return On Assets (0.06) | Return On Equity 0.0633 |
The market value of NexGen Energy is measured differently than its book value, which is the value of NexGen that is recorded on the company's balance sheet. Investors also form their own opinion of NexGen Energy's value that differs from its market value or its book value, called intrinsic value, which is NexGen Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NexGen Energy's market value can be influenced by many factors that don't directly affect NexGen Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NexGen Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NexGen Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NexGen Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.