(NXE) NexGen Energy - Overview

Sector: Energy | Industry: Uranium | Exchange: NYSE (USA) | Market Cap: 6.960m USD | Total Return: 70.8% in 12m

Uranium, Mineral Exploration, Nuclear Fuel
Total Rating 36
Safety 40
Buy Signal -0.56
Uranium
Industry Rotation: -30.4
Market Cap: 6.96B
Avg Turnover: 66.5M
Risk 3d forecast
Volatility54.8%
VaR 5th Pctl8.99%
VaR vs Median-0.41%
Reward TTM
Sharpe Ratio1.39
Rel. Str. IBD74.7
Rel. Str. Peer Group73.5
Character TTM
Beta1.992
Beta Downside2.202
Hurst Exponent0.502
Drawdowns 3y
Max DD54.28%
CAGR/Max DD0.76
CAGR/Mean DD2.66
EPS (Earnings per Share) EPS (Earnings per Share) of NXE over the last years for every Quarter: "2021-03": -0.17, "2021-06": -0.04, "2021-09": -0.04, "2021-12": -0.03, "2022-03": -0.05, "2022-06": -0.02, "2022-09": -0.05, "2022-12": -0.05, "2023-03": -0.01, "2023-06": -0.04, "2023-09": -0.11, "2023-12": -0.08, "2024-03": -0.06, "2024-06": -0.02, "2024-09": -0.01, "2024-12": -0.0834, "2025-03": -0.0624, "2025-06": -0.1018, "2025-09": -0.1637, "2025-12": -0.0511, "2026-03": -0.0432,
Last SUE: -0.06
Qual. Beats: 0
Revenue Revenue of NXE over the last years for every Quarter: 2021-03: 0, 2021-06: 0, 2021-09: 0, 2021-12: 0, 2022-03: 0, 2022-06: 0, 2022-09: 0, 2022-12: 0, 2023-03: 0, 2023-06: 0, 2023-09: 0, 2023-12: 0, 2024-03: 0, 2024-06: 0, 2024-09: 0, 2024-12: 0, 2025-03: 0, 2025-06: 0, 2025-09: 0, 2025-12: 0, 2026-03: 0,
Last SUE: 0.00
Qual. Beats: 0

Warnings

Share dilution 16.1% YoY

Interest Coverage Ratio -5.4 is critical

Choppy Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: NXE NexGen Energy

NexGen Energy Ltd. is a Vancouver-based exploration and development company focused on uranium assets in Canada. Its primary asset is the 100% owned Rook I project, which encompasses 35,065 hectares across 32 contiguous mineral claims in Saskatchewans Athabasca Basin.

The company operates within the high-grade uranium sector, where the Athabasca Basin is globally recognized for containing uranium concentrations significantly higher than the world average. As a development-stage entity, NexGen’s business model centers on advancing mineral resources toward commercial production to meet rising global demand for nuclear fuel.

For a deeper look into the companys financial health and valuation metrics, consider reviewing the latest data on ValueRay. NexGen Energy continues to focus on the technical evaluation and environmental permitting of its southwestern Saskatchewan holdings.

Headlines to Watch Out For
  • Rook I project permitting progress and final federal environmental approval timelines
  • Global uranium spot price volatility impacting long-term contract valuation
  • Execution of site construction and infrastructure development at the Arrow deposit
  • Strategic financing requirements and potential share dilution for capital expenditure needs
  • Global shift toward nuclear energy increasing long-term demand for uranium supply
Piotroski VR-10 (Strict) 0.5
Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM)
FCF/TA: -0.08 > 0.02 and ΔFCF/TA 3.26 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.03 > 3% & CFO -71.8m > Net Income -415.1m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.37 > 1.5 & < 3
Outstanding Shares: last quarter (660.7m) vs 12m ago 16.10% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.0% > 50% (prev 0.0%; Δ 0.0% > 0%)
Interest Coverage Ratio: -5.38 > 6 (EBITDA TTM -247.5m / Interest Expense TTM 46.3m)
Altman Z'' 1.11
A: 0.11 (Total Current Assets 1.04b - Total Current Liabilities 760.5m) / Total Assets 2.47b
B: -0.34 (Retained Earnings -849.5m / Total Assets 2.47b)
C: -0.12 (EBIT TTM -249.5m / Avg Total Assets 2.02b)
D: 2.21 (Book Value of Equity 1.70b / Total Liabilities 770.0m)
Altman-Z'' = 1.11 = BB
What is the price of NXE shares?

As of May 24, 2026, the stock is trading at USD 10.53 with a total of 4,071,240 shares traded.
Over the past week, the price has changed by -5.16%, over one month by -16.13%, over three months by -13.96% and over the past year by +70.83%.

Is NXE a buy, sell or hold?

NexGen Energy has no consensus analysts rating.

What are the forecasts/targets for the NXE price?
Analysts Target Price 19.4 84.2%
NexGen Energy (NXE) - Fundamental Data Overview as of 22 May 2026
Market Cap CAD = 9.57b (6.96b USD * 1.3748 USD.CAD)
P/B = 5.6721
Revenue TTM = 0.0 CAD
EBIT TTM = -249.5m CAD
EBITDA TTM = -247.5m CAD
 Long Term Debt = unknown (0.0)
 Short Term Debt = 717.2m CAD (from shortTermDebt, last quarter)
Debt = 717.2m CAD (from shortLongTermDebtTotal, last quarter) + Leases 697k
Net Debt = -303.8m CAD (calculated: Debt 717.2m - CCE 1.02b)
Enterprise Value = 9.26b CAD (9.57b + Debt 717.2m - CCE 1.02b)
Interest Coverage Ratio = -5.38 (Ebit TTM -249.5m / Interest Expense TTM 46.3m)
EV/FCF = -47.91x (Enterprise Value 9.26b / FCF TTM -193.4m)
FCF Yield = -2.09% (FCF TTM -193.4m / Enterprise Value 9.26b)
 FCF Margin = unknown (Revenue TTM is 0 or missing)
 Net Margin = unknown
 Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 2.20m) / Revenue TTM)
 Tobins Q-Ratio = 3.75 (Enterprise Value 9.26b / Total Assets 2.47b)
Interest Expense / Debt = 6.46% (Interest Expense 46.3m / Debt 717.2m)
Taxrate = 21.0% (US default 21%)
NOPAT = -197.1m (EBIT -249.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.37 (Total Current Assets 1.04b / Total Current Liabilities 760.5m)
Debt / Equity = 0.42 (Debt 717.2m / totalStockholderEquity, last quarter 1.70b)
 Debt / EBITDA = 1.23 (negative EBITDA) (Net Debt -303.8m / EBITDA -247.5m)
 Debt / FCF = 1.57 (negative FCF - burning cash) (Net Debt -303.8m / FCF TTM -193.4m)
 Total Stockholder Equity = 1.37b (last 4 quarters mean from totalStockholderEquity)
RoA = -20.56% (Net Income -415.1m / Total Assets 2.47b)
RoE = -18.71% (Net Income TTM -415.1m / Total Stockholder Equity 2.22b)
RoCE = -11.25% (EBIT -249.5m / Capital Employed (Equity 2.22b + L.T.Debt 0.0))
 RoIC = -8.16% (negative operating profit) (NOPAT -197.1m / Invested Capital 2.42b)
 WACC = 12.44% (E(9.57b)/V(10.3b) * Re(12.99%) + D(717.2m)/V(10.3b) * Rd(6.46%) * (1-Tc(0.21)))
Discount Rate = 12.99% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 41.40 | Cagr: 10.73%
 [DCF] Fair Price = unknown (Cash Flow -193.4m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.06 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: 0.0 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.05 | Chg30d=+0.00% | Revisions=N/A | Analysts=4
EPS next Quarter (2026-09-30): EPS=-0.05 | Chg30d=+5.01% | Revisions=N/A | Analysts=4
EPS current Year (2026-12-31): EPS=-0.35 | Chg30d=-103.73% | Revisions=-56% | GrowthEPS=-50.5% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=-0.24 | Chg30d=-8.68% | Revisions=+0% | GrowthEPS=+32.4% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: -56%