Nexa Resources S.A.

NEXA Basic Materials Other Industrial Metals & Mining

Nexa Resources S.A.’s revenue for fiscal 2025 (year ended December 2025) was $3.0 billion, up 8.52% from fiscal 2024. In the quarter to June 2026, revenue grew 28.2%, EPS grew 5,100.0%, free cash flow grew 28.5% and total debt fell 3.81%, each against the same quarter a year earlier.

12.52 0.04 +0.32%
Market cap
$1.7B
P/E
6.0×
Fwd P/E
4.4×
Dividend yield
0.00%
F-score
8/9
Altman Z
0.72
Beneish M
−2.12
Dividend safety
41/100

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 66.45%

Capital & Financial Ratios $m

Market Cap 1,650.00
Revenue 3,462.77
Net Income 614.70
Free Cash Flow 124.99
Net Debt 1,347.75
Current Ratio 0.80 (below 1: weak)
Debt/Equity 1.16
P/E ratio 5.99
Fwd P/E 4.36
P/S ratio 0.48
P/B ratio 1.10
Past 5Y EPS Growth —
This Y EPS Growth 190.84% (at or above 15%: strong)
Next Y EPS Growth 16.14% (at or above 15%: strong)
Next Y revenue growth 22.75% (at or above 10%: strong)
Next 5Y EPS Growth 38.27% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 14.32%
10-year low 10-year high
P/S against its own 10 years 60.31%
10-year low 10-year high
P/B against its own 10 years 93.04%
10-year low 10-year high
EV/Sales against its own 10 years 65.63%
10-year low 10-year high
EV/FCF against its own 10 years 38.58%
10-year low 10-year high

Dividends

Payout Ratio 0.00
Annual Dividend Rate 0.00
Annual Dividend Yield 0.00%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.51
0.13
2025 Powerpack
2024 Powerpack
2023 0.19
0.19
2022 0.33
0.33
2021 0.26
0.26
2020 0.38
0.38
2019 0.53
0.53
2018 0.60
0.60
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 476 646 540 403
Receivables 157 148 240 185
Inventory 340 325 414 486
Other 87 88 77 82
1,060 1,207 1,272 1,155
2023 2024 2025 Q'26
Payables 452 443 500 477
ST’ Debt 143 51 55 122
Other 121 221 257 251
1,093 1,145 1,467 1,452

Compound Annual Growth %

10y 5y 3y
Sales 5.10% 9.00% (0.35%)
Cash Flow (1.27%) 4.58% 11.03%
Earnings 0.00% 0.00% 39.27%
Book Value (9.58%) (4.47%) (8.98%)

Revenue $m

Mar Jun Sep Dec Year
’26 888 908 — — —
’25 627 708 764 903 3,002
’24 580 736 709 741 2,766
’23 667 627 649 630 2,573
’22 722 829 703 780 3,034
’21 603 686 655 678 2,622
’20 442 337 538 635 1,951
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (56) 111 — — —
’25 (185) 101 167 281 365
’24 (86) 81 112 244 351
’23 (56) 95 104 114 256
’22 (23) 169 15 105 267
’21 95 201 77 121 493
’20 (66) 24 168 166 292
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (127) 19 — — —
’25 (235) 15 77 156 13
’24 (161) 15 57 176 87
’23 (112) 35 19 2 (56)
’22 (106) 71 (75) (10) (120)
’21 13 95 (60) (38) 10
’20 (151) (35) 89 67 (30)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.67 0.52 — — —
’25 0.09 0.01 0.52 0.38 1.00
’24 (0.18) (0.58) (0.04) (0.74) (1.55)
’23 (0.15) (0.77) (0.56) (0.71) (2.18)
’22 0.48 0.82 (0.31) (0.62) 0.37
’21 0.17 0.82 (0.14) 0.01 0.86
’20 (3.94) (0.44) (0.22) 0.38 (4.22)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — 15.27 10.52 7.00 2.57 6.50 4.27 4.14 5.10 4.44

Analyst estimates 2026–2028

Powerpack
High — 20.00 21.61 12.80 10.02 12.86 10.54 7.70 9.61 9.56
People
People Employees 5,387 5,643 5,591 5,760 5,349 5,840 5,625 5,771 5,253 5,615
Revenue/emp, $m 0.36 0.43 0.45 0.40 0.36 0.45 0.54 0.45 0.53 0.53
Income, $m
Income, $m Revenue 1,965 2,449 2,491 2,333 1,951 2,622 3,034 2,573 2,766 3,002
Gross margin, % 26.76 28.44 24.18 16.50 19.84 24.14 21.06 11.61 19.45 23.75
EBT 209 271 132 (216) (677) 309 227 (296) (72) 332
EBT margin, % 10.63 11.08 5.29 (9.25) (34.68) 11.80 7.49 (11.51) (2.60) 11.05
Net income 209 271 132 (216) (677) 309 227 (296) (72) 332
Depreciation 275 270 267 318 244 259 291 310 330 289
Per share, $
Per share, $ Revenue 24.35 21.02 18.69 17.59 14.73 19.80 22.91 19.43 20.89 22.67
Earnings 1.37 1.42 0.56 (1.11) (4.22) 0.86 0.37 (2.18) (1.55) 1.00
Cash flow 7.25 3.25 2.61 0.93 2.20 3.72 2.01 1.93 2.65 2.76
Capex (2.11) (1.55) (2.24) (2.94) (2.43) (3.65) (2.92) (2.36) (1.99) (2.66)
Free cash flow 5.14 1.70 0.37 (2.02) (0.23) 0.08 (0.90) (0.42) 0.66 0.10
Book value 41.19 24.96 21.77 18.72 12.24 12.42 12.91 10.96 8.01 9.74
Shares, m 81 117 133 133 132 132 132 132 132 132
Valuation, ×
Valuation, × P/E 7.90 13.81 20.88 0.00 0.00 9.14 15.49 0.00 0.00 8.85
P/S 0.50 0.95 0.64 0.46 0.65 0.40 0.25 0.36 0.42 0.39
P/B 0.41 0.80 0.55 0.43 0.79 0.63 0.44 0.64 1.10 0.91
EV/Sales 0.65 1.04 0.75 0.78 1.11 0.75 0.63 0.84 0.83 0.78
EV/FCF 3.12 39.22 38.28 (6.83) (72.18) 196.27 (15.92) (39.07) 26.13 183.20
Cash, $m
Cash, $m Operating cash flow 585 379 348 123 292 493 267 256 351 365
Capex (170) (181) (299) (390) (322) (483) (386) (312) (264) (352)
Free cash flow 415 198 49 (267) (30) 10 (120) (56) 87 13
Balance, $m
Balance, $m Working capital 716 1,071 1,046 676 851 484 321 (33) 62 (195)
Total debt 1,144 1,447 1,425 1,509 2,024 1,699 1,669 1,726 1,763 1,706
Net debt 91 215 293 747 887 920 1,146 1,249 1,117 1,166
Shareholders’ equity 3,324 2,909 2,902 2,482 1,621 1,644 1,710 1,452 1,060 1,290
Returns, %
Returns, % ROA 1.58 2.09 1.28 (2.59) (10.62) 2.29 1.00 (5.96) (4.30) 2.68
ROIC 2.38 8.04 6.55 (2.15) (9.93) 10.88 7.86 (3.53) 7.93 12.68
ROE 2.72 4.07 2.58 (5.39) (27.26) 7.00 2.93 (18.47) (16.32) 11.29
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Nexa Resources S.A. vs peers in Other Industrial Metals & Mining (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ALM Almonty Industries Inc. $2.9B 50.2× — +497.16% (above 0%: growing) n/m +133.36% (above 0%: growing) 62.18% 37.51% Compare
NEXA Nexa Resources S.A. $1.7B 6.0× 4.4× +28.16% (above 0%: growing) +5,100.00% (above 0%: growing) +28.53% (above 0%: growing) 28.32% 19.31%
USAS Americas Gold and Silver Corporation $1.3B — (loss-making) — +72.05% (above 0%: growing) n/m −209.58% (below 0%: shrinking) 47.97% 10.95% Compare
TMC TMC the metals company Inc. $1.2B — (loss-making) — — n/m −87.95% (below 0%: shrinking) 0.00% 0.00% Compare
VZLA Vizsla Silver Corp. $1.2B — (loss-making) — — n/m +10.03% (above 0%: growing) 0.00% 0.00% Compare
CRML Critical Metals Corp. $1.0B — (loss-making) — — 0.00% 0.00% — — Compare
SGML Sigma Lithium Corporation $989.5M — (loss-making) 18.7× +223.90% (above 0%: growing) n/m +405.47% (above 0%: growing) 59.98% 13.84% Compare
EMAT Evolution Metals & Technologies Corp. $965.9M — (loss-making) — — n/m −607.00% (below 0%: shrinking) (7.03%) (744.93%) Compare
CMP Compass Minerals International, Inc. $948.4M 51.8× 39.5× +0.33% (above 0%: growing) n/m −179.91% (below 0%: shrinking) 17.60% 5.06% Compare
Median of peers $1.1B — — +147.98% — −43.97% 17.60% 5.06%

All 46 Other Industrial Metals & Mining stocks →

Nexa Resources S.A. (NEXA) key facts

  • Strength: Nexa Resources S.A.’s revenue for fiscal 2025 (year ended December 2025) was $3.0 billion, up 8.52% from fiscal 2024.
  • Nexa Resources S.A. (NEXA) is an Other Industrial Metals & Mining company in the Basic Materials sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, NEXA traded at $12.52, a market capitalization of $1.7 billion.
  • Return on equity was 11.3% and debt-to-equity 1.16.
  • Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 0.72 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Nexa Resources S.A. (NEXA) Latest News

12 May

stockrow.com/NEXA · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com