NexGen EnergyASX:NXG +2.55%40 Piotroski F-Score is 3 as of Jun. 24, 2026, which is at its 10-year median of 3.00. GuruFocus rates ASX:NXG with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 174 Other Energy Sources companies, NexGen Energy ranks worse than 60.34% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
NexGen Energy has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for NexGen Energy's Piotroski F-Score or its related term are showing as below:
ASX:NXG'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 3 Max: 4
Current: 3
During the past 13 years, the highest Piotroski F-Score of NexGen Energy was 4. The lowest was 1. And the median was 3.
NexGen Energy (ASX:NXG) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
NexGen Energy Piotroski F-Score Related Terms
NexGen Energy Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for NexGen Energy's Piotroski F-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Uranium subindustry, NexGen Energy's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NexGen Energy Piotroski F-Score vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, NexGen Energy's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where NexGen Energy's Piotroski F-Score falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
NexGen Energy's current Net Income (TTM) was -447.81.
==> Negative ==> Score 0.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
NexGen Energy's return on assets of this year was -0.25851968. NexGen Energy's return on assets of last year was -0.08163049.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
NexGen Energy's current ratio of this year was 1.36580397. NexGen Energy's current ratio of last year was 0.97193124.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
NexGen Energy's number of shares in issue this year was 660.738. NexGen Energy's number of shares in issue last year was 569.092.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
NexGen Energy's gross margin of this year was . NexGen Energy's gross margin of last year was .
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
NexGen Energy's asset turnover of this year was 0. NexGen Energy's asset turnover of last year was 0.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
NexGen Energy has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
NexGen Energy (ASX:NXG) has a Piotroski F-Score of 3 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on NexGen Energy and its competitors. This is near median its historical median of 3.00. Over the past decade, NexGen Energy's Piotroski F-Score has ranged from 1.00 to 4.00. According to the industry distribution chart, NexGen Energy ranks #105 out of 174 companies in the Other Energy Sources industry, placing it in the top 60.3%.
Is NexGen Energy's Piotroski F-Score too high?
NexGen Energy's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. The Other Energy Sources industry median Piotroski F-Score is 4.00. NexGen Energy's value of 3 is 25% below this industry median. Based on the distribution chart, NexGen Energy ranks #105 out of 174 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, NexGen Energy has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does NexGen Energy's Piotroski F-Score compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, NexGen Energy ranks #105 out of 174 companies for Piotroski F-Score. This places NexGen Energy in the lower half of its industry. The industry median Piotroski F-Score is 4.00. NexGen Energy's value of 3 is 25% below this benchmark. Historically, NexGen Energy's own Piotroski F-Score has ranged from 1.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 4.00, NexGen Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Other Energy Sources company?
The median Piotroski F-Score among Other Energy Sources companies is 4.00, based on 174 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NexGen Energy's current Piotroski F-Score of 3 is 25% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on NexGen Energy and its competitors. For the Other Energy Sources industry, the median Piotroski F-Score is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NexGen Energy's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NexGen Energy stock overvalued right now?
NexGen Energy (ASX:NXG) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 25% below the Other Energy Sources industry median of 4.00. NexGen Energy's overall GF Score™ is 40/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For NexGen Energy (ASX:NXG), the current Piotroski F-Score is 3 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
NexGen Energy Ltd is an exploration and development stage entity engaged in the acquisition, exploration, evaluation, and development of uranium properties in Canada. The Rook I Project is a development-stage uranium project in Canada. The Company also holds a prospective portfolio of uranium exploration projects in the historic eastern Athabasca Basin.
40GF Score
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