Nexa Resources S.A. (NEXA) vs USA Rare Earth Inc. (USAR)

Nexa Resources S.A. and USA Rare Earth Inc. are both Other Industrial Metals & Mining companies. USA Rare Earth Inc. is the larger, with a market value of $2.8B against $1.5B — 1.9× the size. USA Rare Earth Inc. has negative trailing earnings, so its P/E is not meaningful; Nexa Resources S.A. trades at 9.4×. Nexa Resources S.A. has the higher net margin (4.00% vs 0.00%) and the higher return on invested capital (13.7% vs −7.78%). Across the 13 metrics below, Nexa Resources S.A. leads on 10 and USA Rare Earth Inc. on 3.

Valuation

Metric NEXA USAR Other Industrial Metals & Mining median
P/E 9.38 n/m 22.71
P/S 0.41 n/m 5.39
P/B 1.04 0.68 1.39
Price to free cash flow 12.33 n/m 14.19
EV/EBITDA 3.05 n/m 5.51
EV/Sales 0.78 n/m 4.77
Earnings yield 10.67% (32.49%) (11.17%)
Free cash flow yield 8.11% (14.27%) (7.91%)

Profitability

Metric NEXA USAR Other Industrial Metals & Mining median
Gross margin 29.53% — 14.48%
Operating margin 16.76% 0.00% 0.00%
Net margin 4.00% 0.00% 0.00%
Free cash flow margin 3.36% 0.00% 0.00%
Return on equity 10.74% (23.63%) (6.24%)
Return on assets 2.72% (17.88%) (14.10%)
Return on invested capital 13.73% (7.78%) (3.57%)

Growth

Metric NEXA USAR Other Industrial Metals & Mining median
Revenue growth (TTM) 28.04% — 28.07%
EPS growth (last fiscal year) 164.52% (724.41%) (14.00%)
Revenue growth, 5-year CAGR 9.00% — 6.99%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric NEXA USAR Other Industrial Metals & Mining median
Debt to equity 1.21 0.00 0.04
Current ratio 0.82 32.79 2.53
Net debt to EBITDA 1.48 6.20 1.03

Dividend

Metric NEXA USAR Other Industrial Metals & Mining median
Dividend yield 0.00% — 2.31%
Payout ratio 0.00 — 0.12

Size

Metric NEXA USAR Other Industrial Metals & Mining median
Market cap 1.50b 2.78b 433.17m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack