NEXTDC LIMITED (NXT)
Share Price Analysis and Chart

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NXT - NEXTDC LIMITED

FNArena Sector : Cloud services
Year End: June
GICS Industry Group : Software & Services
Debt/EBITDA: 7.68
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS | ALL-TECH

NextDC owns and operates independent data centres in Australia. It provides connectivity services and data centre management along with cloud services. It was founded and listed in 2010.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$16.38

24 Apr
2024

0.050

OPEN

$16.50

0.31%

HIGH

$16.69

2,876,250

LOW

$16.37

TARGET
$18.57 13.4% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
3DP . AIM . BTH . DSE . DUB . DUG . ERD . FCL . FCT . GDC . LVT . MAQ . MP1 . RCL . SDR . SOV . TNE . WTC . XPN .
FNARENA'S MARKET CONSENSUS FORECASTS
NXT: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx N/A - 9.5 xxx
DPS (cps) xxx N/A 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-5.5
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx362.4 M
Book Value Per Share xxxxxxxxxxxxxxx436.7
Net Operating Cash Flow xxxxxxxxxxxxxxx126.8 M
Net Profit Margin xxxxxxxxxxxxxxx-7.08 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-1.29 %
Return on Invested Capital xxxxxxxxxxxxxxx-0.78 %
Return on Assets xxxxxxxxxxxxxxx-0.75 %
Return on Equity xxxxxxxxxxxxxxx-1.29 %
Return on Total Capital xxxxxxxxxxxxxxx1.53 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-556.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx7 M
Long Term Debt xxxxxxxxxxxxxxx1,435 M
Total Debt xxxxxxxxxxxxxxx1,442 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx766 M
Price To Book Value xxxxxxxxxxxxxxx2.85

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx706.0 M
Capex % of Sales xxxxxxxxxxxxxxx194.83 %
Cost of Goods Sold xxxxxxxxxxxxxxx286 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx26 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx31 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Citi

14/03/2024

1

Buy

$19.75

20.57%

It is Citi's view NextDC has paid a premium price for it, but the acquisition of a recently developed and powered ‘core and shell’ building does accelerate the company's delivery of its very first AI factory ever in Sydney.

The key question, the broker says, is what pricing such a development can attract. Citi analysts expect pricing to be in between hyperscale and retail/enterprise; the end return will depend on the client mix.

The broker also highlights the point NextDC will need to spend most of the fit-out capex to get 13.5 MWs available for sale.

Target $19.75. Buy.

FORECAST
Citi forecasts a full year FY24 dividend of 0.00 cents.
Citi forecasts a full year FY25 dividend of 0.00 cents.

Ord Minnett

xx/xx/xxxx

4

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >

NXT STOCK CHART

FNArena News on NXT

1
Rudi’s View: A Market Narrative Delayed

Apr 24 2024 - Rudi's View
2
Australian Broker Call *Extra* Edition – Apr 16, 2024

Apr 16 2024 - Daily Market Reports
3
Rudi’s View: Lessons & Observations From ASX All-Weathers

Apr 10 2024 - Rudi's View
4
Rudi’s View: Investor Worries, Gold, Westpac, and Conviction Buys

Apr 03 2024 - Rudi's View
5
Rudi’s View: Selective Opportunities Among Discounted REITs

Mar 20 2024 - Rudi's View

Latest Cloud services News

1
NextDC And The AI Boom

Mar 06 2024 - Australia
2
Resistance No More For NextDC

Feb 20 2024 - Technicals
3
NextDC Invests For Megatrend Megademand

Sep 06 2023 - Australia
4
Research To Download: Pharma & Biotech, Pointerra, Rent.com.au, & More

Aug 09 2023 - FYI
5
Prospects Brighten Further For NextDC 

Apr 17 2023 - Australia
6
Adveritas, The Next Foreign Target?

Jan 19 2023 - Small Caps
7
Buy Signal For WiseTech

Nov 01 2022 - Technicals
8
Treasure Chest: NextDC

Nov 01 2022 - Treasure Chest
9
Supply Constraints FY23 Headwind for NextDC

Sep 06 2022 - Australia
10
Megaport: Focus Returns To Global Potential

Aug 10 2022 - Small Caps