Visão geral da empresa
Nexa Resources S.A. operates globally within the basic materials sector, specifically focusing on the extraction and processing of industrial metals through a dual-segment model encompassing mining and smelting. The enterprise generates primary commodities including metallic zinc, zamac, and zinc oxide, alongside significant by-products such as copper, lead, silver, gold, and sulfuric acid. As a listed entity with the ticker symbol NEXA, the company commands a market capitalization of $1.47 billion, reflecting its established position as a major player in the Other Industrial Metals & Mining industry. With reported annual revenue reaching $3.00 billion, Nexa Resources demonstrates substantial operational scale, although specific employee headcount data is not disclosed in the current financial reporting. These valuation metrics collectively indicate that the company possesses a significant revenue base derived from essential metal supply chains, positioning it as a key infrastructure provider for industrial applications worldwide.
Saúde financeira
The company reported total revenue of $3.00 billion over the trailing twelve months, generating a net income of $132.63 million and an EBITDA of $660.36 million. The substantial disparity between the $3.00 billion revenue and the $132.63 million net income reveals a cost structure where operating expenses, likely driven by heavy smelting costs, absorb the majority of gross inflows before reaching the bottom line. Free cash flow stands at $182.07 million, which signifies a tangible capacity to fund capital expenditures or return capital without relying solely on external financing. Gross margin is recorded at 23.4%, indicating moderate pricing power relative to the raw cost of mined and processed materials. Operating margin improves slightly to 23.9%, suggesting efficient management of overhead costs, while the profit margin settles at 4.4%, highlighting the capital-intensive nature of the mining and smelting business where fixed costs are high. The balance sheet presents a leveraged profile with total debt of $1.83 billion against cash reserves of $521.56 million, resulting in a debt-to-equity ratio of 141.69. This leverage level implies that the company utilizes significant borrowed capital to finance its operations, which increases financial risk but may enhance returns during periods of low interest rates. The current ratio stands at 0.87, indicating that short-term assets are insufficient to cover short-term liabilities, which suggests potential liquidity constraints or reliance on debt rollovers to meet obligations. Return on equity is calculated at 19.0%, demonstrating that management effectively utilizes shareholder equity to generate profits, whereas return on assets sits at 5.3%, reflecting the capital-heavy asset base required to generate the company's revenue stream.
Avaliação de valorização
The trailing twelve-month P/E ratio is 11.07, while the forward P/E ratio is significantly lower at 3.97. This sharp divergence implies that the market expects earnings to increase substantially in the future to justify the current valuation multiples, or that the current earnings include one-time charges not expected to recur. The price-to-book ratio is 1.46, indicating that the market values the company at a premium of 46% above its net asset book value, which often occurs in resource-rich firms with substantial underground reserves not fully reflected on the balance sheet. Price-to-sales metrics show a ratio of 0.49, while the EV/EBITDA multiple is 4.63, suggesting the stock is valued cheaply relative to its sales volume and earnings before interest, taxes, depreciation, and amortization. The stock has traded between a 52-week low of $4.44 and a high of $14.94, meaning the current price sits dynamically within this historical range depending on the specific trading day's settlement. With a beta of 0.60, the stock exhibits lower volatility than the broader market, moving less than 60% as much as the benchmark index during periods of market turbulence.
Growth & Income
Revenue growth accelerated by 21.9% year-over-year, driven by operational expansion or volume increases in zinc production, whereas earnings growth is currently listed as N/A in the available data. The absence of reported earnings growth data prevents a direct comparison between top-line expansion and bottom-line performance, necessitating caution when interpreting the efficiency of the revenue expansion. Regarding income distribution, the company does not pay a dividend, evidenced by a dividend yield of 1.2% and a payout ratio of 0.0%. This zero payout ratio indicates that the company retains all of its net income to reinvest into mine development, smelting capacity upgrades, or to reduce its significant debt load rather than distributing cash to shareholders. Consequently, the growth and income profile of Nexa Resources is defined entirely by capital appreciation potential and operational scaling rather than income generation via dividends.