Nexgen Energy Stock Return On Equity
6NE Stock | EUR 7.72 0.01 0.13% |
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 |
NexGen Energy Company Return On Equity Analysis
NexGen Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current NexGen Energy Return On Equity | -0.13 |
Most of NexGen Energy's fundamental indicators, such as Return On Equity, 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.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition |
Based on the latest financial disclosure, NexGen Energy has a Return On Equity of -0.1315. This is 93.36% lower than that of the Energy sector and significantly lower than that of the Uranium industry. The return on equity for all Germany stocks is 57.58% lower than that of the firm.
NexGen Return On Equity 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 Return On Equity 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 currently under evaluation in return on equity category among its peers.
NexGen Fundamentals
Return On Equity | -0.13 | |||
Return On Asset | -0.0679 | |||
Current Valuation | 1.83 B | |||
Shares Outstanding | 487.08 M | |||
Shares Owned By Insiders | 15.94 % | |||
Shares Owned By Institutions | 33.60 % | |||
Price To Earning | (24.24) X | |||
Price To Book | 6.30 X | |||
EBITDA | (57.11 M) | |||
Net Income | (56.59 M) | |||
Cash And Equivalents | 226.8 M | |||
Cash Per Share | 0.48 X | |||
Total Debt | 80.02 M | |||
Debt To Equity | 0.13 % | |||
Current Ratio | 40.43 X | |||
Book Value Per Share | 0.87 X | |||
Cash Flow From Operations | (20.18 M) | |||
Earnings Per Share | (0.07) X | |||
Number Of Employees | 26 | |||
Beta | 1.77 | |||
Market Capitalization | 1.95 B | |||
Total Asset | 554.56 M | |||
Z Score | 14.4 | |||
Net Asset | 554.56 M |
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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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in NexGen Stock please use our How to Invest in NexGen Energy guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.