Nexa Resources S.A. (NEXA) vs Americas Gold and Silver Corporation (USAS)

Nexa Resources S.A. and Americas Gold and Silver Corporation are both Other Industrial Metals & Mining companies. Nexa Resources S.A. and Americas Gold and Silver Corporation are of similar size ($1.7B and $1.6B). Americas Gold and Silver Corporation has negative trailing earnings, so its P/E is not meaningful; Nexa Resources S.A. trades at 6.0×. Americas Gold and Silver Corporation grew revenue faster over the last twelve months: 88.0% against 24.3%. Nexa Resources S.A. has the higher net margin (8.02% vs −26.3%) and the higher return on invested capital (16.8% vs 6.78%). Across the 19 metrics below, Nexa Resources S.A. leads on 14 and Americas Gold and Silver Corporation on 5.

Valuation

Metric NEXA USAS Other Industrial Metals & Mining median
P/E 5.95 n/m 27.78
P/S 0.48 8.76 8.14
P/B 1.09 5.38 1.48
Price to free cash flow 13.18 n/m 16.31
EV/EBITDA 2.78 30.75 14.66
EV/Sales 0.87 8.56 6.17
Earnings yield 16.80% (3.83%) (8.03%)
Free cash flow yield 7.59% (4.40%) (6.85%)

Profitability

Metric NEXA USAS Other Industrial Metals & Mining median
Gross margin 28.39% 51.16% 14.52%
Operating margin 22.17% 15.48% 0.00%
Net margin 8.02% (26.28%) 0.00%
Free cash flow margin 3.61% (38.56%) 0.00%
Return on equity 20.91% (27.09%) (7.90%)
Return on assets 5.41% (14.10%) (11.61%)
Return on invested capital 16.79% 6.78% (3.47%)

Growth

Metric NEXA USAS Other Industrial Metals & Mining median
Revenue growth (TTM) 24.30% 87.99% 27.25%
EPS growth (last fiscal year) 164.52% 22.35% —
Revenue growth, 5-year CAGR 9.00% 33.43% 5.26%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NEXA USAS Other Industrial Metals & Mining median
Debt to equity 1.16 0.18 0.04
Current ratio 0.80 1.62 2.48
Net debt to EBITDA 1.48 16.23 1.10

Dividend

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

Size

Metric NEXA USAS Other Industrial Metals & Mining median
Market cap 1.67b 1.59b 586.13m

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