Nexa Resources S.A. (NEXA) vs Vizsla Silver Corp. (VZLA)

Nexa Resources S.A. and Vizsla Silver Corp. are both Other Industrial Metals & Mining companies. Nexa Resources S.A. is the larger, with a market value of $1.7B against $1.4B — 1.2× the size. Vizsla Silver 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 −9.71%). Across the 14 metrics below, Nexa Resources S.A. leads on 12 and Vizsla Silver Corp. on 2.

Valuation

Metric NEXA VZLA Other Industrial Metals & Mining median
P/E 5.95 n/m 27.78
P/S 0.48 n/m 8.14
P/B 1.09 3.31 1.48
Price to free cash flow 13.18 n/m 16.31
EV/EBITDA 2.78 n/m 14.66
EV/Sales 0.87 n/m 6.17
Earnings yield 16.80% (4.41%) (8.03%)
Free cash flow yield 7.59% (3.10%) (6.85%)

Profitability

Metric NEXA VZLA Other Industrial Metals & Mining median
Gross margin 28.39% 0.00% 14.52%
Operating margin 22.17% 0.00% 0.00%
Net margin 8.02% 0.00% 0.00%
Free cash flow margin 3.61% 0.00% 0.00%
Return on equity 20.91% (13.91%) (7.90%)
Return on assets 5.41% (10.30%) (11.61%)
Return on invested capital 16.79% (9.71%) (3.47%)

Growth

Metric NEXA VZLA Other Industrial Metals & Mining median
Revenue growth (TTM) 24.30% — 27.25%
EPS growth (last fiscal year) 164.52% (450.00%) —
Revenue growth, 5-year CAGR 9.00% — 5.26%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NEXA VZLA Other Industrial Metals & Mining median
Debt to equity 1.16 0.57 0.04
Current ratio 0.80 55.18 2.48
Net debt to EBITDA 1.48 6.96 1.10

Dividend

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

Size

Metric NEXA VZLA Other Industrial Metals & Mining median
Market cap 1.67b 1.40b 586.13m

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