NexGen Roe from 2010 to 2024

NXE Stock  USD 8.88  0.15  1.72%   
NexGen Energy's ROE is increasing over the years with very volatile fluctuation. Overall, ROE is expected to go to 0.10 this year. During the period from 2010 to 2024 NexGen Energy ROE annual values regression line had geometric mean of  0.15 and mean square error of  0.10. View All Fundamentals
 
ROE  
First Reported
2010-12-31
Previous Quarter
0.09855381
Current Value
0.1
Quarterly Volatility
0.3121065
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NexGen Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NexGen Energy's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Depreciation And Amortization of 1.2 M or Interest Expense of 5.7 M, as well as many indicators such as Price To Sales Ratio of 2.1 K, Dividend Yield of 0.0 or PTB Ratio of 3.78. NexGen financial statements analysis is a perfect complement when working with NexGen Energy Valuation or Volatility modules.
  
Check out the analysis of NexGen Energy Correlation against competitors.
For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.

Latest NexGen Energy's Roe Growth Pattern

Below is the plot of the Roe of NexGen Energy over the last few years. It is NexGen Energy's ROE historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NexGen Energy's overall financial position and show how it may be relating to other accounts over time.
Roe10 Years Trend
Very volatile
   Roe   
       Timeline  

NexGen Roe Regression Statistics

Arithmetic Mean(0.21)
Geometric Mean0.15
Coefficient Of Variation(151.16)
Mean Deviation0.18
Median(0.15)
Standard Deviation0.31
Sample Variance0.1
Range1.3147
R-Value0.04
Mean Square Error0.10
R-Squared0
Significance0.88
Slope0
Total Sum of Squares1.36

NexGen Roe History

2024 0.1
2023 0.0986
2022 -0.14
2021 -0.29
2020 -1.21
2019 -0.1
2018 0.0137

About NexGen Energy Financial Statements

NexGen Energy stakeholders use historical fundamental indicators, such as NexGen Energy's Roe, to determine how well the company is positioned to perform in the future. Although NexGen Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in NexGen Energy's assets and liabilities are reflected in the revenues and expenses on NexGen Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in NexGen Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
ROE 0.10  0.10 

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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 the analysis of NexGen Energy Correlation against competitors.
For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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
0.21
Return On Assets
(0.04)
Return On Equity
0.1583
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.