NEXA RESOURCES SA (NEXA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NEXA - LU1701428291 - Common Stock
8.9 USD
+0.1 (+1.14%)
8.9 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to NEXA. NEXA was compared to 156 industry peers in the Metals & Mining industry. NEXA has a medium profitability rating, but doesn't score so well on its financial health evaluation. NEXA has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
NEXA had negative earnings in the past year.
In the past year NEXA had a positive cash flow from operations.
In multiple years NEXA reported negative net income over the last 5 years.
In the past 5 years NEXA always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of NEXA (-0.31%) is comparable to the rest of the industry.
The Return On Equity of NEXA (-1.66%) is comparable to the rest of the industry.
With a decent Return On Invested Capital value of 6.79%, NEXA is doing good in the industry, outperforming 66.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.31% | ||
| ROE | -1.66% | ||
| ROIC | 6.79% |
ROA(3y)-3.12%
ROA(5y)-3.62%
ROE(3y)-15.39%
ROE(5y)-15.7%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of NEXA (11.71%) is better than 66.03% of its industry peers.
NEXA's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 19.34%, NEXA is in line with its industry, outperforming 55.77% of the companies in the same industry.
NEXA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.71% | ||
| PM (TTM) | N/A | ||
| GM | 19.34% |
OM growth 3Y-7.88%
OM growth 5Y52.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.47%
GM growth 5Y3.06%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NEXA is destroying value.
The number of shares outstanding for NEXA remains at a similar level compared to 1 year ago.
NEXA has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for NEXA is higher compared to a year ago.
2.2 Solvency
NEXA has an Altman-Z score of 0.59. This is a bad value and indicates that NEXA is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of NEXA (0.59) is worse than 85.26% of its industry peers.
NEXA has a debt to FCF ratio of 64.41. This is a negative value and a sign of low solvency as NEXA would need 64.41 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 64.41, NEXA is in line with its industry, outperforming 54.49% of the companies in the same industry.
A Debt/Equity ratio of 1.84 is on the high side and indicates that NEXA has dependencies on debt financing.
NEXA has a Debt to Equity ratio of 1.84. This is amonst the worse of the industry: NEXA underperforms 91.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.84 | ||
| Debt/FCF | 64.41 | ||
| Altman-Z | 0.59 |
ROIC/WACC0.72
WACC9.41%
2.3 Liquidity
A Current Ratio of 0.91 indicates that NEXA may have some problems paying its short term obligations.
With a Current ratio value of 0.91, NEXA is not doing good in the industry: 88.46% of the companies in the same industry are doing better.
A Quick Ratio of 0.60 indicates that NEXA may have some problems paying its short term obligations.
NEXA has a Quick ratio of 0.60. This is amonst the worse of the industry: NEXA underperforms 86.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
The earnings per share for NEXA have decreased strongly by -16.92% in the last year.
The Revenue for NEXA has decreased by -12.22% in the past year. This is quite bad
Measured over the past years, NEXA shows a small growth in Revenue. The Revenue has been growing by 3.47% on average per year.
EPS 1Y (TTM)-16.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-133.33%
Revenue 1Y (TTM)-12.22%
Revenue growth 3Y1.8%
Revenue growth 5Y3.47%
Sales Q2Q%7.62%
3.2 Future
The Earnings Per Share is expected to grow by 26.90% on average over the next years. This is a very strong growth
Based on estimates for the next years, NEXA will show a small growth in Revenue. The Revenue will grow by 1.09% on average per year.
EPS Next Y155.7%
EPS Next 2Y72.65%
EPS Next 3Y46.71%
EPS Next 5Y26.9%
Revenue Next Year4.36%
Revenue Next 2Y2.94%
Revenue Next 3Y2.79%
Revenue Next 5Y1.09%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for NEXA. In the last year negative earnings were reported.
NEXA is valuated reasonably with a Price/Forward Earnings ratio of 9.65.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NEXA indicates a rather cheap valuation: NEXA is cheaper than 87.18% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.93, NEXA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.65 |
4.2 Price Multiples
NEXA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NEXA is cheaper than 99.36% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NEXA indicates a somewhat cheap valuation: NEXA is cheaper than 71.79% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.64 | ||
| EV/EBITDA | 3.99 |
4.3 Compensation for Growth
NEXA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NEXA's earnings are expected to grow with 46.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y72.65%
EPS Next 3Y46.71%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.23%, NEXA has a reasonable but not impressive dividend return.
NEXA's Dividend Yield is a higher than the industry average which is at 1.02.
NEXA's Dividend Yield is slightly below the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
5.2 History
The dividend of NEXA decreases each year by -32.77%.
NEXA has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-32.77%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NEXA has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-285.8%
EPS Next 2Y72.65%
EPS Next 3Y46.71%
8.9
+0.1 (+1.14%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners25.65%
Inst Owner Change13.99%
Ins Owners1.8%
Ins Owner ChangeN/A
Market Cap1.18B
Revenue(TTM)2.84B
Net Income(TTM)-16.23M
Analysts49.23
Price Target6.36 (-28.54%)
Short Float %0.35%
Short Ratio0.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
Yearly Dividend0.12
Dividend Growth(5Y)-32.77%
DP-285.8%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-34.9%
Min EPS beat(2)-138.96%
Max EPS beat(2)69.17%
EPS beat(4)2
Avg EPS beat(4)-111.9%
Min EPS beat(4)-466.36%
Max EPS beat(4)88.54%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)6.83%
Min Revenue beat(2)6.48%
Max Revenue beat(2)7.17%
Revenue beat(4)3
Avg Revenue beat(4)3.54%
Min Revenue beat(4)-2.22%
Max Revenue beat(4)7.17%
Revenue beat(8)6
Avg Revenue beat(8)3.82%
Revenue beat(12)9
Avg Revenue beat(12)5.69%
Revenue beat(16)11
Avg Revenue beat(16)4.71%
PT rev (1m)3.1%
PT rev (3m)10.83%
EPS NQ rev (1m)28.36%
EPS NQ rev (3m)387.15%
EPS NY rev (1m)-10.47%
EPS NY rev (3m)40.16%
Revenue NQ rev (1m)4.55%
Revenue NQ rev (3m)26.18%
Revenue NY rev (1m)1.09%
Revenue NY rev (3m)8.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.65 | ||
| P/S | 0.42 | ||
| P/FCF | 39.64 | ||
| P/OCF | 3.61 | ||
| P/B | 1.21 | ||
| P/tB | 13.16 | ||
| EV/EBITDA | 3.99 |
EPS(TTM)-0.76
EYN/A
EPS(NY)0.92
Fwd EY10.36%
FCF(TTM)0.22
FCFY2.52%
OCF(TTM)2.46
OCFY27.68%
SpS21.44
BVpS7.38
TBVpS0.68
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.31% | ||
| ROE | -1.66% | ||
| ROCE | 8.6% | ||
| ROIC | 6.79% | ||
| ROICexc | 7.73% | ||
| ROICexgc | 10.47% | ||
| OM | 11.71% | ||
| PM (TTM) | N/A | ||
| GM | 19.34% | ||
| FCFM | 1.05% |
ROA(3y)-3.12%
ROA(5y)-3.62%
ROE(3y)-15.39%
ROE(5y)-15.7%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-5.02%
ROICexgc growth 5Y64.28%
ROICexc growth 3Y-3.04%
ROICexc growth 5Y68.86%
OM growth 3Y-7.88%
OM growth 5Y52.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.47%
GM growth 5Y3.06%
F-Score5
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.84 | ||
| Debt/FCF | 64.41 | ||
| Debt/EBITDA | 2.76 | ||
| Cap/Depr | 92.5% | ||
| Cap/Sales | 10.44% | ||
| Interest Coverage | 2.2 | ||
| Cash Conversion | 49.95% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 0.59 |
F-Score5
WACC9.41%
ROIC/WACC0.72
Cap/Depr(3y)104.71%
Cap/Depr(5y)126.88%
Cap/Sales(3y)11.5%
Cap/Sales(5y)13.92%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-16.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-133.33%
EPS Next Y155.7%
EPS Next 2Y72.65%
EPS Next 3Y46.71%
EPS Next 5Y26.9%
Revenue 1Y (TTM)-12.22%
Revenue growth 3Y1.8%
Revenue growth 5Y3.47%
Sales Q2Q%7.62%
Revenue Next Year4.36%
Revenue Next 2Y2.94%
Revenue Next 3Y2.79%
Revenue Next 5Y1.09%
EBIT growth 1Y70.56%
EBIT growth 3Y-6.22%
EBIT growth 5Y57.73%
EBIT Next Year115.1%
EBIT Next 3Y34.78%
EBIT Next 5Y19.01%
FCF growth 1Y139.54%
FCF growth 3Y121.67%
FCF growth 5YN/A
OCF growth 1Y35.26%
OCF growth 3Y-10.82%
OCF growth 5Y23.28%
NEXA RESOURCES SA / NEXA FAQ
What is the ChartMill fundamental rating of NEXA RESOURCES SA (NEXA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to NEXA.
Can you provide the valuation status for NEXA RESOURCES SA?
ChartMill assigns a valuation rating of 6 / 10 to NEXA RESOURCES SA (NEXA). This can be considered as Fairly Valued.
How profitable is NEXA RESOURCES SA (NEXA) stock?
NEXA RESOURCES SA (NEXA) has a profitability rating of 4 / 10.
What is the financial health of NEXA RESOURCES SA (NEXA) stock?
The financial health rating of NEXA RESOURCES SA (NEXA) is 1 / 10.
Is the dividend of NEXA RESOURCES SA sustainable?
The dividend rating of NEXA RESOURCES SA (NEXA) is 2 / 10 and the dividend payout ratio is -285.8%.