NexGen Energy Ltd. (NXE)
Energy · NYQ · US
Fundamentals
Valuation and ratings
NexGen Energy Ltd. trades at USD8.86, which is 59% above the USD3.60 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 16 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
About NexGen Energy Ltd.
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, evaluation, and development of uranium properties in Canada. The company holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of approximately 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. NexGen Energy Ltd. was founded in 2011 and is headquartered in Vancouver, Canada.
NXE passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Smart money ownership
5 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Israel Englander, MILLENNIUM MANAGEMENT LLC$65.34M · 0.0% of book
- Marshall Wace, MARSHALL WACE, LLP$55.32M · 0.1% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$8.69M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$8.49M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$7.52M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is NexGen Energy Ltd. (NXE) undervalued?
Against our discounted cash flow estimate of USD3.60, NXE at USD8.86 is 59% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own NXE?
5 of the institutions we track reported a position in NXE in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
The full research page for NXE, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.