Intrinsiqq
Nexa Resources S.A. logoNexa Resources S.A.NEXA
$12.10-1.71%
Nexa Resources S.A. logo

Nexa Resources S.A.

NEXA

$12.10

-$0.21 (-1.71%)

⊜ Compare
ProfitabilityStrong marginsGrowthSteady growthCash FlowThin conversionValuationAttractively priced
What stands out

16.17% operating margin is respectable but not wide. ROIC at 10.82%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.

What's changing

Revenue grew 8.5%, steady but not accelerating. Free cash flow declined 87% despite revenue growth, conversion is weakening.

What deserves caution

Free cash flow declined 87% versus the prior year, cash generation momentum has weakened. Net debt of $1.31B represents 117.7x FCF, leverage limits flexibility.

Valuation context

12.5x earnings, 12.9x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.

Price History

+122.0%

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$1.60B
EPS$0.97
P/E12.47
P/FCF12.91
EV/EBITDA2.74
FCF Yield7.7%
Div. Yield—
Net Debt/FCF10.5x
52-Week Range
$5.25$16.72

Profitability & Returns

Revenue (TTM)

$3.46B

▲ +8.5% YoY

Net Income (TTM)

$397M

▲ +219.1% YoY

Op. Margin

21.64%

▲ +3.3pp YoY

ROIC

10.82%

▲ +1.6pp YoY

Cash Flow & Balance Sheet

FCF (TTM)

$124M

▼ -86.9% YoY

Op. Cash Flow (TTM)

$504M

▼ -24.6% YoY

Net Debt

$1.31B

Cash & Equiv.

$522M

3Y CAGR: -0.4%

Continue Research

Is Nexa Resources (NEXA) overvalued?

At a P/E of 12.5 and a price-to-free-cash-flow of 12.9, Nexa Resources (NEXA) trades below a two-stage DCF intrinsic value of about $37.44 per share, so at $12.10 the stock looks undervalued (209.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.

On quality, Nexa Resources scores 74/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.

Frequently asked

What is Nexa Resources's fair value?+

Intrinsiqq's two-stage DCF estimates an intrinsic value of about $37.44 per share for NEXA, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $28.08. At today's $12.10, that puts the stock about 209.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.

Is Nexa Resources a high-quality business?+

Nexa Resources scores 74 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 21.6% operating margin and a 10.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.

Is Nexa Resources a good stock to buy right now?+

That depends on valuation and quality together, not either alone. NEXA currently trades below its estimated intrinsic value and scores 74/100 on quality (solid). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.

Related stocks: Other Industrial Metals & Mining

Spot a number that looks wrong?

Download this analysis as a PDF (Pro)

Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

2 of 2 free stocks used today

Keep analysing NEXA

Create a free account and get 14 days of Premium: every stock and every tool.

  • Unlimited stocks
  • Stock screener
  • Portfolio tracker
  • Editable DCF
  • Compare side by side
  • Unlimited alerts

No card. Moves to Free after, unless you upgrade.

Already have an account?

Or come back tomorrow. Stocks on your watchlist are always free to view.

SectorsPrivacyTerms© 2026 Intrinsiqq

Not financial advice. Analytical data for research only.

Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.