Evolution Metals & Technologies Corp. (EMAT) vs Nexa Resources S.A. (NEXA)

Evolution Metals & Technologies Corp. and Nexa Resources S.A. are both Other Industrial Metals & Mining companies. Evolution Metals & Technologies Corp. is the larger, with a market value of $2.1B against $1.7B — 1.3× the size. Evolution Metals & Technologies Corp. has negative trailing earnings, so its P/E is not meaningful; Nexa Resources S.A. trades at 6.0×. Nexa Resources S.A. has the higher net margin (8.02% vs 0.00%) and the higher return on invested capital (16.8% vs −1,321.1%). Across the 12 metrics below, Nexa Resources S.A. leads on 9 and Evolution Metals & Technologies Corp. on 3.

Valuation

Metric EMAT NEXA Other Industrial Metals & Mining median
P/E n/m 5.95 27.78
P/S n/m 0.48 8.14
P/B n/m 1.09 1.48
Price to free cash flow n/m 13.18 16.31
EV/EBITDA n/m 2.78 14.66
EV/Sales n/m 0.87 6.17
Earnings yield (43.56%) 16.80% (8.03%)
Free cash flow yield (0.59%) 7.59% (6.85%)

Profitability

Metric EMAT NEXA Other Industrial Metals & Mining median
Gross margin — 28.39% 14.52%
Operating margin 0.00% 22.17% 0.00%
Net margin 0.00% 8.02% 0.00%
Free cash flow margin 0.00% 3.61% 0.00%
Return on equity 2,558.19% 20.91% (7.90%)
Return on assets (735.26%) 5.41% (11.61%)
Return on invested capital (1,321.07%) 16.79% (3.47%)

Growth

Metric EMAT NEXA Other Industrial Metals & Mining median
Revenue growth (TTM) — 24.30% 27.25%
EPS growth (last fiscal year) (98.86%) 164.52% —
Revenue growth, 5-year CAGR — 9.00% 5.26%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EMAT NEXA Other Industrial Metals & Mining median
Debt to equity (1.34) 1.16 0.04
Current ratio 0.16 0.80 2.48
Net debt to EBITDA (1.40) 1.48 1.10

Dividend

Metric EMAT NEXA Other Industrial Metals & Mining median
Dividend yield — 3.47% 4.32%
Payout ratio 0.00 0.00 0.00

Size

Metric EMAT NEXA Other Industrial Metals & Mining median
Market cap 2.09b 1.67b 586.13m

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