Nexa Resources S.A. (NEXA) Financial Ratios
12 years of historical data (2014–2025) · Basic Materials · Industrial Materials
EV/EBITDA
↑
4.17
↓-23% vs avg
5yr avg: 5.42
30Y Low2.9·High14.1
P/FCF
↓
36.29
↓-36% vs avg
5yr avg: 56.40
30Y Low12.6·High133.8
P/B Ratio
↑
1.46
↑+95% vs avg
5yr avg: 0.75
30Y Low0.4·High1.1
ROE
↑
11.3%
↓+519% vs avg
5yr avg: -2.7%
30Y Low-27%·High11%
Debt/EBITDA
↓
2.38
↓-44% vs avg
5yr avg: 4.27
30Y Low2.2·High11.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NEXA Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Nexa Resources S.A. trades at 14.2x earnings, 65% above its 5-year average of 8.6x, sitting at the 80th percentile of its historical range. Compared to the Basic Materials sector median P/E of 23.6x, the stock trades at a discount of 40%. On a free-cash-flow basis, the stock trades at 36.3x P/FCF, 36% below the 5-year average of 56.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.9B | $1.2B | $1.2B | $946M | $799M | $1.0B | $1.3B | $1.1B | $1.6B | $2.3B | — |
| Enterprise Value | $3.2B | $2.5B | $2.4B | $2.2B | $2.0B | $2.0B | $2.2B | $1.9B | $2.0B | $2.7B | — |
| P/E Ratio → | 14.24 | 8.85 | — | — | 10.40 | 6.66 | — | — | 21.25 | 13.81 | — |
| P/S Ratio | 0.63 | 0.39 | 0.42 | 0.37 | 0.26 | 0.40 | 0.65 | 0.46 | 0.64 | 0.93 | — |
| P/B Ratio | 1.46 | 0.91 | 1.10 | 0.65 | 0.47 | 0.63 | 0.79 | 0.43 | 0.55 | 0.79 | — |
| P/FCF | 36.29 | 22.55 | 12.85 | — | — | 133.78 | — | — | 33.17 | 12.60 | — |
| P/OCF | 4.67 | 2.90 | 3.33 | 3.69 | 3.00 | 2.11 | 4.38 | 8.79 | 4.56 | 6.03 | — |
P/E links to full P/E history page with 30-year chart
NEXA EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Nexa Resources S.A.'s enterprise value stands at 4.2x EBITDA, 23% below its 5-year average of 5.4x. The Basic Materials sector median is 11.0x, placing the stock at a 62% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.83 | 0.87 | 0.86 | 0.65 | 0.77 | 1.15 | 0.82 | 0.79 | 1.12 | — |
| EV / EBITDA | 4.17 | 3.24 | 3.87 | 14.08 | 3.02 | 2.86 | — | 9.30 | 3.28 | 4.01 | — |
| EV / EBIT | 7.80 | 6.06 | 9.09 | — | 5.20 | 4.59 | — | — | 8.03 | 7.44 | — |
| EV / FCF | — | 47.78 | 26.50 | — | — | 259.11 | — | — | 41.37 | 15.10 | — |
NEXA Profitability
Margins and return-on-capital ratios measuring operating efficiency
Nexa Resources S.A. earns an operating margin of 13.7%, above the Basic Materials sector average of 10.3%. Operating margins have expanded from -5.9% to 13.7% over the past 3 years, signaling improving operational efficiency. ROE of 11.3% is modest. ROIC of 12.6% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 17.9% | 17.9% | 19.4% | 11.6% | 21.1% | 24.1% | 19.2% | 16.5% | 24.2% | 31.4% | 27.5% |
| Operating Margin | 13.7% | 13.7% | 10.0% | -5.9% | 11.9% | 17.0% | -20.4% | -4.8% | 13.4% | 16.4% | 6.8% |
| Net Profit Margin | 4.4% | 4.4% | -7.4% | -11.3% | 1.6% | 4.4% | -28.7% | -6.2% | 3.0% | 5.2% | 4.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.3% | 11.3% | -16.3% | -18.4% | 3.0% | 7.0% | -27.3% | -5.4% | 2.6% | 4.1% | 2.7% |
| ROA | 2.7% | 2.7% | -4.3% | -6.0% | 1.0% | 2.3% | -10.6% | -2.6% | 1.3% | 2.1% | 1.6% |
| ROIC | 12.6% | 12.6% | 8.2% | -4.1% | 9.8% | 12.9% | -10.1% | -2.5% | 7.5% | 8.7% | 2.6% |
| ROCE | 11.2% | 11.2% | 7.6% | -3.9% | 9.1% | 11.0% | -8.9% | -2.3% | 6.5% | 7.7% | 2.5% |
NEXA Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Nexa Resources S.A. carries a Debt/EBITDA ratio of 2.4x, which is manageable (roughly in line with the sector average of 2.4x). Net debt stands at $1.3B ($1.8B total debt minus $516M cash). Interest coverage of just 1.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.42 | 1.42 | 1.75 | 1.19 | 0.98 | 1.05 | 1.26 | 0.62 | 0.49 | 0.51 | 0.35 |
| Debt / EBITDA | 2.38 | 2.38 | 2.99 | 10.99 | 2.56 | 2.44 | — | 7.46 | 2.37 | 2.15 | 2.43 |
| Net Debt / Equity | — | 1.02 | 1.17 | 0.88 | 0.69 | 0.59 | 0.59 | 0.34 | 0.14 | 0.16 | 0.08 |
| Net Debt / EBITDA | 1.71 | 1.71 | 1.99 | 8.09 | 1.80 | 1.38 | — | 4.08 | 0.65 | 0.66 | 0.53 |
| Debt / FCF | — | 25.23 | 13.65 | — | — | 125.32 | — | — | 8.20 | 2.50 | 0.63 |
| Interest Coverage | 1.49 | 1.49 | 1.26 | -0.57 | 2.25 | 3.09 | -3.78 | -1.09 | 2.90 | 5.70 | 7.14 |
NEXA Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.87x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.99x to 0.87x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.87 | 0.87 | 1.05 | 0.99 | 1.36 | 1.49 | 1.97 | 1.97 | 2.60 | 2.39 | 1.82 |
| Quick Ratio | 0.58 | 0.58 | 0.77 | 0.67 | 0.92 | 1.11 | 1.68 | 1.55 | 2.19 | 1.97 | 1.48 |
| Cash Ratio | 0.36 | 0.36 | 0.56 | 0.44 | 0.57 | 0.77 | 1.28 | 1.08 | 1.73 | 1.59 | 1.18 |
| Asset Turnover | — | 0.57 | 0.60 | 0.53 | 0.62 | 0.53 | 0.39 | 0.43 | 0.43 | 0.41 | 0.31 |
| Inventory Turnover | 5.93 | 5.93 | 6.85 | 6.70 | 6.06 | 5.34 | 6.14 | 6.60 | 7.00 | 5.17 | 4.75 |
| Days Sales Outstanding | — | 29.31 | 19.58 | 22.28 | 27.21 | 33.39 | 45.27 | 33.65 | 25.38 | 27.23 | 42.56 |
NEXA Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Nexa Resources S.A. returns 1.8% to shareholders annually primarily through dividends. The payout ratio of 25.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 7.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.8% | 2.9% | 1.3% | 2.5% | 8.6% | 5.0% | 4.4% | 10.5% | 0.2% | 2.7% | — |
| Payout Ratio | 25.8% | 25.8% | — | — | 137.8% | 45.8% | — | — | 4.6% | — | 64.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.0% | 11.3% | — | — | 9.6% | 15.0% | — | — | 4.7% | 7.2% | — |
| FCF Yield | 2.8% | 4.4% | 7.8% | — | — | 0.7% | — | — | 3.0% | 7.9% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 2.6% | 0.8% | 0.0% | 0.0% | 0.8% | 0.1% | 0.0% | — |
| Total Shareholder Yield | 1.8% | 2.9% | 1.3% | 5.2% | 9.3% | 5.0% | 4.4% | 11.3% | 0.3% | 2.7% | — |
| Shares Outstanding | — | $132M | $132M | $132M | $132M | $132M | $132M | $133M | $133M | $117M | $113M |
Peer Comparison
Compare NEXA with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 NEXAYou | $2B | 14.2 | 4.2 | 36.3 | 17.9% | 13.7% | 11.3% | 12.6% | 2.4 |
 HBM | $11B | 18.9 | 11.2 | 55.3 | 29.1% | 25.5% | 19.7% | 12.0% | 1.1 |
 EXK | $3B | -20.0 | 91.0 | — | 11.0% | 6.0% | -22.8% | 3.8% | 8.6 |
 TECK | $31B | 32.2 | 13.4 | — | 21.8% | 16.5% | 5.3% | 4.4% | 2.8 |
 CDE | $11B | 19.5 | 11.0 | 17.1 | 39.3% | 36.3% | 26.4% | 23.5% | 0.4 |
 HL | $11B | 32.6 | 15.2 | 34.5 | 41.1% | 37.5% | 13.9% | 15.3% | 0.4 |
 FCX | $99B | 45.2 | 12.5 | 88.4 | 27.0% | 24.4% | 7.4% | 12.8% | 1.3 |
 SCCO | $159B | 36.8 | 20.6 | 46.5 | 56.7% | 52.2% | 42.6% | 38.6% | 0.9 |
 NEM | $115B | 16.2 | 8.2 | 15.8 | 49.8% | 46.9% | 22.1% | 24.9% | 0.0 |
 PZG | $106M | -9.5 | — | — | — | — | -25.2% | -11.9% | — |
 CAT | $459B | 52.4 | 36.5 | 44.6 | 32.3% | 16.6% | 43.5% | 15.9% | 3.2 |
| Basic Materials Median | — | 23.6 | 11.0 | 29.0 | 30.9% | 10.3% | -0.0% | 4.6% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 12 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
NEXA — Frequently Asked Questions
Quick answers to the most common questions about buying NEXA stock.
What is Nexa Resources S.A.'s P/E ratio?
Nexa Resources S.A.'s current P/E ratio is 14.2x. The historical average is 12.2x. This places it at the 80th percentile of its historical range.
What is Nexa Resources S.A.'s EV/EBITDA?
Nexa Resources S.A.'s current EV/EBITDA is 4.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 5.5x.
What is Nexa Resources S.A.'s ROE?
Nexa Resources S.A.'s return on equity (ROE) is 11.3%. The historical average is -3.4%.
Is NEXA stock overvalued?
Based on historical data, Nexa Resources S.A. is trading at a P/E of 14.2x. This is at the 80th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Nexa Resources S.A.'s dividend yield?
Nexa Resources S.A.'s current dividend yield is 1.82% with a payout ratio of 25.8%.
What are Nexa Resources S.A.'s profit margins?
Nexa Resources S.A. has 17.9% gross margin and 13.7% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Nexa Resources S.A. have?
Nexa Resources S.A.'s Debt/EBITDA ratio is 2.4x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.