Nexgen Energy Ltd
NYSE:NXE

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Nexgen Energy Ltd
NYSE:NXE
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Price: 11.79 USD -2%
Market Cap: $6.6B

P/B

5.4
Current
15%
Cheaper
vs 3-y average of 6.4

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
5.4
=
Market Cap
$9.9B
/
Total Equity
CA$1.8B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
5.4
=
Market Cap
$9.9B
/
Total Equity
CA$1.8B

Valuation Scenarios

Nexgen Energy Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (6.4), the stock would be worth $13.89 (18% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-70%
Maximum Upside
+38%
Average Downside
16%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 5.4 $11.79
0%
3-Year Average 6.4 $13.89
+18%
5-Year Average 7.5 $16.24
+38%
Industry Average 1.7 $3.58
-70%
Country Average 2.7 $5.77
-51%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Canada
Percentile
64rd
Based on 3 061 companies
64rd percentile
4
Low
0 — 1.6
Typical Range
1.6 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.9
Max 1 402.4

Nexgen Energy Ltd
Glance View

Market Cap
6.6B USD
Industry
Energy

NexGen Energy Ltd., a rising star in the uranium industry, has captured significant attention for its strategic focus and exceptional resources. Established with the vision to disrupt the uranium sector, the company is anchored in the Athabasca Basin of Saskatchewan, Canada, known for its high-grade uranium deposits. The company’s flagship project, the Rook I property, is a testament to its commitment to excellence. Within this property lies the Arrow deposit, which is one of the largest and highest-grade uranium deposits discovered globally in recent years. NexGen's story is one of innovation and precision, with an emphasis on efficient extraction and sustainable practices. The company's approach combines cutting-edge drilling technology and a keen understanding of geophysical data, setting it apart in a competitive market. At the heart of NexGen's operation lies a business model designed to capitalize on the increasing global demand for clean energy solutions. As the world pivots towards reducing its carbon footprint, the demand for uranium, a critical component for nuclear power, is on the rise. NexGen is well-positioned to benefit from this shift, supplying high-grade uranium to fuel the growing number of nuclear reactors worldwide. The company makes money through the exploration, development, and eventual sale of uranium, aiming to provide an economically viable and environmentally friendly energy solution. By focusing on the lucrative and stable markets, NexGen not only seeks to enhance its shareholder value but also contribute meaningfully to the global energy landscape. With its strategic ambition and technologically advanced operations, NexGen Energy stands as a beacon of promise in the pursuit of sustainable energy resources.

NXE Intrinsic Value
0.55 USD
Overvaluation 95%
Intrinsic Value
Price $11.79
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