(NBXG) Neuberger Berman Next - Overview
Sector: Financial Services | Industry: Asset Management | Exchange: NYSE (USA) | Market Cap: 1.244m USD | Total Return: 28.3% in 12m
Equity Securities, Technology Stocks, Connectivity Infrastructure
Total Rating 46
Safety 38
Buy Signal 0.31
Asset Management
Industry Rotation: +5.0
Industry Rotation: +5.0
Market Cap:
1.24B
Avg Turnover: 2.26M
Avg Turnover: 2.26M
Risk 3d forecast
Volatility20.0%
VaR 5th Pctl3.65%
VaR vs Median10.9%
Reward TTM
Sharpe Ratio1.21
Rel. Str. IBD70
Rel. Str. Peer Group75.4
Character TTM
Beta1.179
Beta Downside1.112
Hurst Exponent0.500
Drawdowns 3y
Max DD22.08%
CAGR/Max DD1.29
CAGR/Mean DD7.60
EPS (Earnings per Share)
EPS CAGR: 6619.82%
EPS Trend: 86.6%
EPS Trend: 86.6%
Qual. Beats: 0
Revenue
Rev. CAGR: 0.00%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Description: NBXG Neuberger Berman Next
The Neuberger Berman Next Generation Connectivity Fund Inc. (NBXG) is a closed-end management investment company based in New York. Operating within the Asset Management and Custody Banks sub-industry, the fund focuses on equities positioned to benefit from the development and deployment of next-generation mobile and 5G connectivity infrastructure. This investment strategy targets companies involved in network equipment, semiconductor manufacturing, and software services that facilitate high-speed data transmission.
The funds business model relies on active portfolio management to capture growth in the digital transformation sector, where hardware and software integration is essential for low-latency communication. For a more detailed breakdown of the fund’s historical performance and valuation metrics, you may find ValueRay to be an informative resource. Investors in this space typically monitor capital expenditure cycles of major telecommunications providers, as these cycles directly influence the revenue of infrastructure and component suppliers.
- Growth in next-generation mobile networks drives underlying portfolio equity valuations
- Federal Reserve interest rate policy impacts net asset value and discount volatility
- Global semiconductor demand cycles influence core technology holdings and revenue growth
- Adoption of artificial intelligence infrastructure accelerates capital appreciation in connectivity sectors
- Options overlay strategy generates supplemental income and mitigates downside market exposure
Piotroski VR‑10 (Strict)
3.0
| Net Income: 321.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -2.89 > 1.0 |
| NWC/Revenue: -0.56% < 20% (prev -0.22%; Δ -0.34% < -1%) |
| CFO/TA 0.07 > 3% & CFO 99.3m > Net Income 321.3m |
| Net Debt (-3.98m) to EBITDA (321.3m): -0.01 < 3 |
| Current Ratio: 0.90 > 1.5 & < 3 |
| Outstanding Shares: last quarter (78.8m) vs 12m ago 0.0% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 27.86% > 50% (prev 31.79%; Δ -3.93% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM) |
Altman Z''
10.00
| A: -0.00 (Total Current Assets 16.4m - Total Current Liabilities 18.2m) / Total Assets 1.39b |
| B: 0.16 (Retained Earnings 228.7m / Total Assets 1.39b) |
| C: 0.27 (EBIT TTM 321.3m / Avg Total Assets 1.17b) |
| D: 55.44 (Book Value of Equity 1.37b / Total Liabilities 24.6m) |
| Altman-Z'' Score: 60.59 = AAA |
What is the price of NBXG shares?
As of May 16, 2026, the stock is trading at USD 15.48 with a total of 129,165 shares traded.
Over the past week, the price has changed by +2.08%, over one month by +9.62%, over three months by +19.94% and over the past year by +28.29%.
Over the past week, the price has changed by +2.08%, over one month by +9.62%, over three months by +19.94% and over the past year by +28.29%.
Is NBXG a buy, sell or hold?
Neuberger Berman Next has no consensus analysts rating.
What are the forecasts/targets for the NBXG price?
| Analysts Target Price | - | - |
Neuberger Berman Next (NBXG) - Fundamental Data Overview
as of 16 May 2026
P/E Trailing = 3.8701 P/S = 3.6935
P/B = 0.8808
Revenue TTM = 325.8m USD
EBIT TTM = 321.3m USD
EBITDA TTM = 321.3m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = -3.98m USD (from netDebt column, last quarter)
Enterprise Value = 1.24b USD (1.24b + (null Debt) - CCE 3.98m)
Interest Coverage Ratio = unknown (Ebit TTM 321.3m / Interest Expense TTM 0.0)
EV/FCF = 12.49x (Enterprise Value 1.24b / FCF TTM 99.3m)
FCF Yield = 8.01% (FCF TTM 99.3m / Enterprise Value 1.24b)
FCF Margin = 30.47% (FCF TTM 99.3m / Revenue TTM 325.8m)
Net Margin = 98.60% (Net Income TTM 321.3m / Revenue TTM 325.8m)
Gross Margin = unknown ((Revenue TTM 325.8m - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.89 (Enterprise Value 1.24b / Total Assets 1.39b)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 253.8m (EBIT 321.3m * (1 - 21.00%))
Current Ratio = 0.90 (Total Current Assets 16.4m / Total Current Liabilities 18.2m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = -0.01 (Net Debt -3.98m / EBITDA 321.3m)
Debt / FCF = -0.04 (Net Debt -3.98m / FCF TTM 99.3m)
Total Stockholder Equity = 1.17b (last 4 quarters mean from totalStockholderEquity)
RoA = 27.47% (Net Income 321.3m / Total Assets 1.39b)
RoE = 27.57% (Net Income TTM 321.3m / Total Stockholder Equity 1.17b)
RoCE = 23.40% (EBIT 321.3m / Capital Employed (Total Assets 1.39b - Current Liab 18.2m))
RoIC = 23.47% (EBIT 321.3m / (Assets 1.39b - Curr.Liab 18.2m - Cash 3.98m))
WACC = 10.13% (E(1.24b)/V(1.24b) * Re(10.13%) + (debt-free company))
Discount Rate = 10.13% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 71.76% ; FCFF base≈97.6m ; Y1≈101.7m ; Y5≈117.1m
[DCF] Fair Price = 18.53 (EV 1.46b - Net Debt -3.98m = Equity 1.46b / Shares 78.8m; r=10.13% [WACC]; 5y FCF grow 4.43% → 3.0% )
EPS Correlation: 86.60 | EPS CAGR: 6.62k% | SUE: N/A | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: 0.0% | SUE: N/A | # QB: 0