NexGen Energy (NXE) vs Uranium Royalty Corp. (UROY)

NexGen Energy and Uranium Royalty Corp. are both Uranium companies. NexGen Energy is the larger, with a market value of $6.2B against $1.6B — 3.9× the size. NexGen Energy has negative trailing earnings, so its P/E is not meaningful; Uranium Royalty Corp. trades at 10.8×. Uranium Royalty Corp. has the higher net margin (25.9% vs 0.00%) and the higher return on invested capital (2.49% vs −4.64%). Across the 14 metrics below, Uranium Royalty Corp. leads on 12 and NexGen Energy on 2.

Valuation

Metric NXE UROY Uranium median
P/E n/m 10.77 —
P/S n/m 3.03 16.46
P/B 4.59 0.60 3.35
Price to free cash flow n/m 3.14 —
EV/EBITDA n/m 17.98 —
EV/Sales n/m 5.26 14.86
Earnings yield (3.37%) 9.29% (2.82%)
Free cash flow yield (3.88%) 31.89% (4.18%)

Profitability

Metric NXE UROY Uranium median
Gross margin 0.00% 32.98% 23.65%
Operating margin 0.00% 29.15% 0.00%
Net margin 0.00% 25.88% 0.00%
Free cash flow margin 0.00% 97.04% 0.00%
Return on equity (17.68%) 8.48% (11.34%)
Return on assets (12.46%) 5.21% (8.14%)
Return on invested capital (4.64%) 2.49% (4.64%)

Growth

Metric NXE UROY Uranium median
Revenue growth (TTM) — 502.87% 43.30%
EPS growth (last fiscal year) (280.00%) 1,066.67% —
Revenue growth, 5-year CAGR — — —
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NXE UROY Uranium median
Debt to equity 0.33 0.54 0.45
Current ratio 1.46 0.88 9.41
Net debt to EBITDA 6.13 (6.08) 1.94

Dividend

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

Size

Metric NXE UROY Uranium median
Market cap 6.24b 1.59b 2.40b

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