公司概述
Nexa Resources S.A. operates globally within the Basic Materials sector, specifically focusing on the zinc mining and smelting industry, where it produces metallic zinc, zamac, zinc oxide, and valuable by-products such as copper, lead, silver, gold, and sulfuric acid. The company is structured into two primary operational segments, Mining and Smelting, which define its scope in the industrial metals landscape. As of the latest reported data, the company holds a market capitalization of $1.47B and generates annual revenue of $3.00B, while its employee count is not publicly disclosed in the available records. These valuation and revenue metrics indicate that Nexa Resources S.A. maintains a significant presence in the global zinc supply chain, positioning it as a mid-to-large cap entity with substantial operational scale relative to peers in the Other Industrial Metals & Mining industry.
财务健康
The company reported a trailing twelve-month revenue of $3.00B and a net income of $132.63M, resulting in an EBITDA of $660.36M. The substantial gap between the $3.00B revenue and the $132.63M net income reveals a cost structure where operating expenses, including depreciation, interest, and taxes, consume approximately 95.6% of gross revenue before reaching the bottom line. Free cash flow stands at $182.07M, which signifies that the company generates sufficient cash from operations after capital expenditures to maintain financial flexibility for debt servicing or potential strategic investments. Marginal analysis shows a gross margin of 23.4%, an operating margin of 23.9%, and a profit margin of 4.4%; the latter indicates that non-operating costs and taxes significantly impact the final profitability relative to sales. In terms of leverage, total debt amounts to $1.83B against a cash balance of $521.56M, yielding a debt-to-equity ratio of 141.69, which characterizes the balance sheet as highly leveraged rather than conservative. Liquidity is assessed via a current ratio of 0.87, suggesting that the company's current assets are insufficient to cover current liabilities without relying on new financing or asset sales. Return on Equity is 19.0% while Return on Assets is 5.3%, indicating that management is highly effective at generating returns on shareholders' capital, though the return on the total asset base is moderated by the high level of financial leverage.
估值评估
Valuation metrics show a trailing P/E ratio of 11.07 and a forward P/E of 3.97. The significant disparity between these ratios implies that the market expects earnings growth to be substantial in the future, driving the forward multiple down relative to the current earnings base. The price-to-book ratio is 1.46, suggesting that the market values the company at a modest premium of roughly 46% over its tangible book value. Alternative valuation measures include a price-to-sales ratio of 0.49 and an EV/EBITDA of 4.63, which together suggest the stock is trading at a relatively low multiple compared to historical averages for the sector, reflecting potential market skepticism regarding sustainability or a deep value opportunity. The 52-week price range spans from a low of $4.44 to a high of $14.94; without the specific current share price, the exact percentage deviation cannot be calculated, but the wide range highlights the stock's sensitivity to commodity cycles. The beta is 0.60, indicating that the stock's price volatility is less than that of the broader market, making it a relatively defensive position within the cyclical metals sector.
Growth & Income
Revenue growth over the trailing twelve months stands at 21.9%, while earnings growth is not available for comparison due to data limitations. In the absence of reported earnings growth figures, the primary growth driver remains the robust expansion in revenue, which suggests that the company is scaling its operations or benefiting from improved commodity prices and volume. Regarding income distribution, the company currently pays a dividend yield of 1.2% but maintains a payout ratio of 0.0%, meaning no dividends are distributed to shareholders. This zero payout ratio implies that the company retains all of its earnings to reinvest into growth initiatives, capital expenditures, or debt reduction rather than distributing cash to investors. Consequently, the overall growth and income profile is defined by strong revenue expansion and a capital retention strategy that prioritizes internal funding for future projects over immediate income returns to shareholders.