Overview Dividends

(NEXA) Nexa Resources - Ratings and Ratios

Exchange: NYSE • Country: Luxembourg • Currency: USD • Type: Common Stock • ISIN: LU1701428291

Zinc, Copper, Lead, Silver, Gold

EPS (Earnings per Share)

EPS Growth (3y CAGR): 84.65%
EPS Trend (3y Corr): 61.0%

Last SUE: -0.31σ
Qual. Beats: 0

Revenue

Revenue Growth (3y CAGR): -1.33%
Revenue Trend (3y Corr): 19.3%

Last SUE: 0.03σ
Qual. Beats: 0

Risk via 10d forecast
Volatility	67.5%
Value at Risk 5%th	101%
Relative Tail Risk	-9.31%

Reward TTM
Sharpe Ratio	-0.10
Alpha	-24.54

Character TTM
Hurst Exponent	0.369
Beta	0.621
Beta Downside	0.529

Drawdowns 3y
Max DD	47.02%
Mean DD	20.40%
Median DD	19.08%

Description: NEXA Nexa Resources October 24, 2025

Nexa Resources S.A. (NYSE: NEXA) is a Luxembourg-registered, vertically integrated zinc miner and smelter that operates four polymetallic mines in Peru and Brazil and three zinc-focused smelting facilities (one in Peru, two in Brazil). The business is split between a Mining segment, which extracts zinc, copper, lead, silver and gold, and a Smelting segment, which refines zinc into metallic zinc, zinc oxide and a suite of by-products such as sulfuric acid and copper cement.

In 2023 the company produced roughly 610 kt of metallic zinc and 1.2 Mt of zinc-containing concentrates, generating an operating cash flow of about $450 million and maintaining a net-debt-to-EBITDA ratio near 2.0×, reflecting a relatively disciplined balance sheet for a mid-tier miner.

Key economic drivers include the persistent global zinc deficit (the International Lead and Zinc Study Group forecasts a 2.5 Mt shortfall through 2025) and strong demand from construction, automotive and emerging electric-vehicle battery applications, which together underpin a multi-year upside to zinc spot prices that have risen ~30 % since early 2022.

Sector-wide, Nexa benefits from its diversified by-product stream-particularly copper and silver-which provides a hedge against zinc price volatility, while its location in the Central Andes gives it access to low-cost ore grades and relatively inexpensive labor compared with peers in North America or Australia.

For a deeper dive into Nexa’s valuation sensitivities and scenario analysis, you may find ValueRay’s interactive model a useful next step.

NEXA Stock Overview

Market Cap in USD	841m
Sub-Industry	Diversified Metals & Mining
IPO / Inception	2017-10-27
Return 12m vs S&P 500	-23.3%
Analyst Rating	2.75 of 5

NEXA Dividends

Metric	Value
Dividend Yield	1.54%
Yield on Cost 5y	1.44%
Yield CAGR 5y	-20.63%
Payout Consistency	52.9%
Payout Ratio	-

NEXA Growth Ratios

Metric	Value
CAGR 3y	9.39%
CAGR/Max DD Calmar Ratio	0.20
CAGR/Mean DD Pain Ratio	0.46
Current Volume	282.6k
Average Volume	157.1k

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (-16.2m TTM) > 0 and > 6% of Revenue (6% = 169.7m TTM)

FCFTA 0.01 (>2.0%) and ΔFCFTA 2.65pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -4.24% (prev 5.28%; Δ -9.52pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 350.9m > Net Income -16.2m (YES >=105%, WARN >=100%)

Net Debt (1.45b) to EBITDA (779.1m) ratio: 1.86 <= 3.0 (WARN <= 3.5)

Current Ratio 0.91 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (132.4m) change vs 12m ago 0.0% (target <= -2.0% for YES)

Gross Margin 18.64% (prev 15.30%; Δ 3.34pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 56.85% (prev 55.69%; Δ 1.16pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.95 (EBITDA TTM 779.1m / Interest Expense TTM 245.8m) >= 6 (WARN >= 3)

Altman Z'' -0.57

(A) -0.02 = (Total Current Assets 1.19b - Total Current Liabilities 1.31b) / Total Assets 5.18b

(B) -0.22 = Retained Earnings (Balance) -1.16b / Total Assets 5.18b

(D) -0.32 = Book Value of Equity -1.27b / Total Liabilities 3.92b

Total Rating: -0.57 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 67.71

1. Piotroski 5.0pt = 0.0

2. FCF Yield 2.21% = 1.11

3. FCF Margin 1.79% = 0.45

4. Debt/Equity 1.96 = 0.83

5. Debt/Ebitda 1.86 = 0.27

6. ROIC - WACC (= 8.69)% = 10.86

7. RoE -1.83% = -0.30

8. Rev. Trend 19.26% = 1.44

9. EPS Trend 61.02% = 3.05

What is the price of NEXA shares?

As of November 20, 2025, the stock is trading at USD 6.55 with a total of 282,560 shares traded.
Over the past week, the price has changed by +6.50%, over one month by +16.34%, over three months by +34.03% and over the past year by -12.82%.

Is NEXA a buy, sell or hold?

Nexa Resources has received a consensus analysts rating of 2.75. Therefor, it is recommend to hold NEXA.

Strong Buy: 0
Buy: 0
Hold: 6
Sell: 2
Strong Sell: 0

What are the forecasts/targets for the NEXA price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	5.9	-9.3%
Analysts Target Price	5.9	-9.3%
ValueRay Target Price	6.9	5.8%

NEXA Fundamental Data Overview November 17, 2025

Market Cap USD = 841.0m (841.0m USD * 1.0 USD.USD)
P/E Forward = 3.4495
P/S = 0.2961
P/B = 0.847
Beta = 0.631
Revenue TTM = 2.83b USD
EBIT TTM = 480.5m USD
EBITDA TTM = 779.1m USD
Long Term Debt = 1.72b USD (from longTermDebt, last quarter)
Short Term Debt = 114.6m USD (from shortTermDebt, last quarter)
Debt = 1.92b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.45b USD (from netDebt column, last quarter)
Enterprise Value = 2.29b USD (841.0m + Debt 1.92b - CCE 470.3m)
Interest Coverage Ratio = 1.95 (Ebit TTM 480.5m / Interest Expense TTM 245.8m)
FCF Yield = 2.21% (FCF TTM 50.5m / Enterprise Value 2.29b)
FCF Margin = 1.79% (FCF TTM 50.5m / Revenue TTM 2.83b)
Net Margin = -0.57% (Net Income TTM -16.2m / Revenue TTM 2.83b)
Gross Margin = 18.64% ((Revenue TTM 2.83b - Cost of Revenue TTM 2.30b) / Revenue TTM)
Gross Margin QoQ = 16.59% (prev 18.71%)
Tobins Q-Ratio = 0.44 (Enterprise Value 2.29b / Total Assets 5.18b)
Interest Expense / Debt = 3.71% (Interest Expense 71.1m / Debt 1.92b)
Taxrate = 27.50% (38.0m / 138.1m)
NOPAT = 348.3m (EBIT 480.5m * (1 - 27.50%))
Current Ratio = 0.91 (Total Current Assets 1.19b / Total Current Liabilities 1.31b)
Debt / Equity = 1.96 (Debt 1.92b / totalStockholderEquity, last quarter 977.2m)
Debt / EBITDA = 1.86 (Net Debt 1.45b / EBITDA 779.1m)
Debt / FCF = 28.70 (Net Debt 1.45b / FCF TTM 50.5m)
Total Stockholder Equity = 887.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.31% (Net Income -16.2m / Total Assets 5.18b)
RoE = -1.83% (Net Income TTM -16.2m / Total Stockholder Equity 887.6m)
RoCE = 18.40% (EBIT 480.5m / Capital Employed (Equity 887.6m + L.T.Debt 1.72b))
RoIC = 13.09% (NOPAT 348.3m / Invested Capital 2.66b)
WACC = 4.40% (E(841.0m)/V(2.76b) * Re(8.30%) + D(1.92b)/V(2.76b) * Rd(3.71%) * (1-Tc(0.28)))
Discount Rate = 8.30% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 69.32% ; FCFE base≈50.5m ; Y1≈33.2m ; Y5≈15.2m
Fair Price DCF = 2.16 (DCF Value 285.6m / Shares Outstanding 132.4m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 61.02 | EPS CAGR: 84.65% | SUE: -0.31 | # QB: 0
Revenue Correlation: 19.26 | Revenue CAGR: -1.33% | SUE: 0.03 | # QB: 0

Additional Sources for NEXA Stock

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