NEXTDC Ltd
ASX:NXT

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NEXTDC Ltd
ASX:NXT
Watchlist
Price: 13.9 AUD -1.42% Market Closed
Market Cap: 8.9B AUD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one NXT stock under the Base Case scenario is 4.17 AUD. Compared to the current market price of 13.9 AUD, NEXTDC Ltd is Overvalued by 70%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NXT Relative Value
Base Case
4.17 AUD
Overvaluation 70%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

20
P/S
P/S
Price to Sales
20
vs History
49
vs Industry
5
Median 3Y
18.5
Median 5Y
19.9
Industry
2.4
Forward
20.5
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-221.2
Median 5Y
-175.4
Industry
22.6
Forward
-160
More Details
56.9
P/OCF
P/OCF
Price to OCF
56.9
vs History
36
vs Industry
10
Median 3Y
52.9
Median 5Y
52
Industry
17
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-14
Median 5Y
-21.3
Industry
21.5
More Details
2.1
P/B
P/B
Price to Book Value
2.1
vs History
92
vs Industry
54
Median 3Y
2.9
Median 5Y
3
Industry
2.9
More Details
21
EV/S
EV/S
Enterprise Value to Sales
21
vs History
52
vs Industry
5
Median 3Y
20.1
Median 5Y
21.4
Industry
2.4
Forward
21.6
More Details
28
EV/GP
EV/GP
Enterprise Value to Gross Profit
28
vs History
49
vs Industry
9
Median 3Y
26.9
Median 5Y
28.4
Industry
4.9
More Details
162.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
162.2
vs History
12
vs Industry
3
Median 3Y
127.4
Median 5Y
127.4
Industry
12.6
Forward
43.6
More Details
162.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
162.2
vs History
12
vs Industry
3
Median 3Y
127.4
Median 5Y
127.4
Industry
16.2
Forward
591.5
More Details
60
EV/OCF
EV/OCF
Enterprise Value to OCF
60
vs History
34
vs Industry
10
Median 3Y
57.5
Median 5Y
55.7
Industry
15.5
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-12.2
Median 5Y
-13.2
Industry
18.8
More Details
2
EV/IC
EV/IC
Enterprise Value to IC
2
vs History
87
vs Industry
49
Median 3Y
2.3
Median 5Y
2.6
Industry
2.4
More Details

Multiples Across Competitors

NXT Competitors Multiples
NEXTDC Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
NEXTDC Ltd
ASX:NXT
8.9B AUD 20 -138.4 162.2 162.2
CA
Shopify Inc
NYSE:SHOP
136.6B USD 14.6 84.9 106.9 110
US
Snowflake Inc.
NYSE:SNOW
69.5B USD 18.1 -49.7 -54.8 -47.4
US
Cloudflare Inc
NYSE:NET
59.6B USD 33.7 -729.3 -4 322.7 -384.2
US
Verisign Inc
NASDAQ:VRSN
26.3B USD 16.7 33.3 24.8 25.7
US
GoDaddy Inc
NYSE:GDDY
25B USD 5.4 33.2 25.2 28.5
ID
DCI Indonesia Tbk PT
IDX:DCII
362.4T IDR 162.4 337.8 281.3 281.3
US
Twilio Inc
NYSE:TWLO
17.4B USD 3.8 -510.5 77 3 417.9
US
Okta Inc
NASDAQ:OKTA
17.1B USD 6.4 131.3 120.4 473.9
US
MongoDB Inc
NASDAQ:MDB
16.8B USD 8 -195.1 -92.6 -83.9
US
Akamai Technologies Inc
NASDAQ:AKAM
11.3B USD 2.8 24.9 9.1 17.9
P/S Multiple
Revenue Growth P/S to Growth
AU
NEXTDC Ltd
ASX:NXT
Average P/S: 26.5
20
12%
1.7
CA
Shopify Inc
NYSE:SHOP
14.6
22%
0.7
US
Snowflake Inc.
NYSE:SNOW
18.1
24%
0.8
US
Cloudflare Inc
NYSE:NET
33.7
27%
1.2
US
Verisign Inc
NASDAQ:VRSN
16.7
6%
2.8
US
GoDaddy Inc
NYSE:GDDY
5.4
8%
0.7
ID
DCI Indonesia Tbk PT
IDX:DCII
162.4
N/A N/A
US
Twilio Inc
NYSE:TWLO
3.8
9%
0.4
US
Okta Inc
NASDAQ:OKTA
6.4
11%
0.6
US
MongoDB Inc
NASDAQ:MDB
8
16%
0.5
US
Akamai Technologies Inc
NASDAQ:AKAM
2.8
6%
0.5
P/E Multiple
Earnings Growth PEG
AU
NEXTDC Ltd
ASX:NXT
Average P/E: 107.5
Negative Multiple: -138.4 		N/A N/A
CA
Shopify Inc
NYSE:SHOP
84.9
15%
5.7
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -49.7 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -729.3 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
33.3
9%
3.7
US
GoDaddy Inc
NYSE:GDDY
33.2
15%
2.2
ID
DCI Indonesia Tbk PT
IDX:DCII
337.8
N/A N/A
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -510.5 N/A N/A
US
Okta Inc
NASDAQ:OKTA
131.3
195%
0.7
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -195.1 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
24.9
30%
0.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
NEXTDC Ltd
ASX:NXT
Average EV/EBITDA: 100.9
162.2
69%
2.4
CA
Shopify Inc
NYSE:SHOP
106.9
45%
2.4
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -54.8 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -4 322.7 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
24.8
7%
3.5
US
GoDaddy Inc
NYSE:GDDY
25.2
23%
1.1
ID
DCI Indonesia Tbk PT
IDX:DCII
281.3
N/A N/A
US
Twilio Inc
NYSE:TWLO
77
102%
0.8
US
Okta Inc
NASDAQ:OKTA
120.4
247%
0.5
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -92.6 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
9.1
14%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
NEXTDC Ltd
ASX:NXT
Average EV/EBIT: 564.7
162.2
-50%
N/A
CA
Shopify Inc
NYSE:SHOP
110
45%
2.4
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -47.4 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -384.2 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
25.7
6%
4.3
US
GoDaddy Inc
NYSE:GDDY
28.5
19%
1.5
ID
DCI Indonesia Tbk PT
IDX:DCII
281.3
N/A N/A
US
Twilio Inc
NYSE:TWLO
3 417.9
N/A N/A
US
Okta Inc
NASDAQ:OKTA
473.9
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -83.9 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
17.9
23%
0.8

See Also

Summary
NXT intrinsic value, competitors valuation, and company profile.
DCF Valuation
NXT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NXT stock valuation using valuation multiples.
Wall Street Estimates
NXT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NXT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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