Centrus Energy Corp. (LEU) vs NexGen Energy (NXE)

Centrus Energy Corp. and NexGen Energy are both Uranium companies. NexGen Energy is the larger, with a market value of $6.2B against $3.1B — 2.0× the size. NexGen Energy has negative trailing earnings, so its P/E is not meaningful; Centrus Energy Corp. trades at 58.6×. Centrus Energy Corp. has the higher net margin (10.2% vs 0.00%) and the higher return on invested capital (3.00% vs −4.64%). Across the 15 metrics below, Centrus Energy Corp. leads on 12 and NexGen Energy on 3.

Valuation

Metric LEU NXE Uranium median
P/E 58.59 n/m —
P/S 6.17 n/m 16.46
P/B 3.46 4.59 3.35
Price to free cash flow n/m n/m —
EV/EBITDA 96.76 n/m —
EV/Sales 4.72 n/m 14.86
Earnings yield 1.71% (3.37%) (2.82%)
Free cash flow yield (5.60%) (3.88%) (4.18%)

Profitability

Metric LEU NXE Uranium median
Gross margin 23.65% 0.00% 23.65%
Operating margin 1.56% 0.00% 0.00%
Net margin 10.23% 0.00% 0.00%
Free cash flow margin (34.56%) 0.00% 0.00%
Return on equity 8.05% (17.68%) (11.34%)
Return on assets 2.52% (12.46%) (8.14%)
Return on invested capital 3.00% (4.64%) (4.64%)

Growth

Metric LEU NXE Uranium median
Revenue growth (TTM) 8.47% — 43.30%
EPS growth (last fiscal year) (12.75%) (280.00%) —
Revenue growth, 5-year CAGR 12.66% — —
Net income growth, 5-year CAGR 68.08% 0.00% 0.00%

Health

Metric LEU NXE Uranium median
Debt to equity 1.39 0.33 0.45
Current ratio 5.39 1.46 9.41
Net debt to EBITDA (11.71) 6.13 1.94

Dividend

Metric LEU NXE Uranium median
Dividend yield — — —
Payout ratio 0.00 0.00 0.00

Size

Metric LEU NXE Uranium median
Market cap 3.05b 6.24b 2.40b

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