Nexa Resources (FRA:NE0) ROE %: 23.45% (As of Jun. 2026) — 617% Above Median

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FRA:NE0 Nexa Resources SA FRA:NE0
64 GF Score
Price €11.50
GF Value €7.48
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Nexa Resources ROE %?

Nexa Resources FRA:NE0 -0.86% 64 ROE % is 23.45% as of Jun. 2026, which is 617% above its 10-year median of 3.27. GuruFocus rates FRA:NE0 with a GF Score™ of 64/100 and a GF Value™ of €7.48 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,411 Metals & Mining companies, Nexa Resources ranks better than 90.58% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nexa Resources's annualized net income for the quarter that ended in Jun. 2026 was €238 Mil. Nexa Resources's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was €1,016 Mil. Therefore, Nexa Resources's annualized ROE % for the quarter that ended in Jun. 2026 was 23.45%.

The historical rank and industry rank for Nexa Resources's ROE % or its related term are showing as below:

FRA:NE0' s ROE % Range Over the Past 10 Years
Min: -32.08   Med: 3.27   Max: 26.62
Current: 26.62

During the past 12 years, Nexa Resources's highest ROE % was 26.62%. The lowest was -32.08%. And the median was 3.27%.

FRA:NE0's ROE % is ranked better than
90.58% of 2411 companies
in the Metals & Mining industry
Industry Median: -15.73 vs FRA:NE0: 26.62

Nexa Resources  (FRA:NE0) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=238.196/1015.903
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(238.196 / 3152.352)*(3152.352 / 4619.201)*(4619.201 / 1015.903)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.56 %*0.6824*4.5469
=ROA %*Equity Multiplier
=5.16 %*4.5469
=23.45 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=238.196/1015.903
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (238.196 / 603.064) * (603.064 / 670.22) * (670.22 / 3152.352) * (3152.352 / 4619.201) * (4619.201 / 1015.903)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.395 * 0.8998 * 21.26 % * 0.6824 * 4.5469
=23.45 %

Note: The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Nexa Resources ROE % Related Terms


Nexa Resources ROE % Historical Data

* Premium members only.

The historical data trend for Nexa Resources's ROE % 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.

Nexa Resources ROE % Chart

Nexa Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.58 3.62 -21.77 -20.88 13.86

Nexa Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 29.46 20.37 33.52 23.45

FRA:NE0 vs EMAT, TMC, IMC: ROE % Comparison

For the Other Industrial Metals & Mining subindustry, Nexa Resources's ROE %, along with its competitors' market caps and ROE % 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.


Nexa Resources ROE % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nexa Resources's ROE % distribution charts can be found below:

* The bar in red indicates where Nexa Resources's ROE % falls into.


FRA:NE0
64GF Score
Nexa Resources SA FRA:NE0
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nexa Resources ROE % Calculation

Nexa Resources's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=113.263/( (777.303+856.506)/ 2 )
=113.263/816.9045
=13.86 %

Nexa Resources's annualized ROE % for the quarter that ended in Jun. 2026 is calculated as

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=238.196/( (986.981+1044.825)/ 2 )
=238.196/1015.903
=23.45 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 23.45% mean?
Nexa Resources (FRA:NE0) has a ROE % of 23.45% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nexa Resources and its competitors. This is 617% above median its historical median of 3.27. According to the industry distribution chart, Nexa Resources ranks #227 out of 2411 companies in the Metals & Mining industry, placing it in the top 9.4%.
Is Nexa Resources' ROE % too high?
Nexa Resources' current ROE % of 23.45% is 617% above median its 10-year median of 3.27. Based on the distribution chart, Nexa Resources ranks #227 out of 2411 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Nexa Resources has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nexa Resources' ROE % compare to EMAT and TMC?
According to the Metals & Mining industry distribution chart, Nexa Resources ranks #227 out of 2411 companies for ROE %. This places Nexa Resources in the top 9% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nexa Resources and its competitors. Nexa Resources's current ROE % is 23.45%, which is 617% above median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexa Resources stock overvalued right now?
Based on GuruFocus' analysis, Nexa Resources (FRA:NE0) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.48, compared to a current price of €11.50 — trading 53.7% above its estimated fair value. The current ROE % is 23.45%, which is 617% above median its 10-year median of 3.27. Nexa Resources' overall GF Score™ is 64/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Nexa Resources (FRA:NE0), the current ROE % is 23.45% as of Jun. 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.

Is Nexa Resources (FRA:NE0) Overvalued in 2026?

Based on GuruFocus' analysis, Nexa Resources stock appears to be overvalued. The current stock price of €11.50 is trading 53.7% above its estimated GF Value™ of €7.48. GuruFocus considers Nexa Resources to be Significantly Overvalued.

Key valuation signals for FRA:NE0:

  • ROE %: 23.45% (617% above median its 10-year median of 3.27)
  • GF Value™: €7.48 vs. price of €11.50 (53.7% above fair value)
  • GF Score™: 64/100 with 1 warning sign

No single metric tells the full story. See the FRA:NE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nexa Resources Business Description

Other Exchanges NEXA:USANE0:Germany
Address 37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Nexa Resources SA operate large-scale, mechanized underground and open pit mines, as well as smelters. The company operates through two segments namely Mining and Smelting. Its Mining segment consists of various operating units includes mineral exploration activities and the production of zinc concentrates, copper concentrates and concentrates. The Smelting segment comprises operating units which include facilities recovering and refining zinc metal out of feed materials such as zinc concentrates or secondary feed materials. It generates maximum revenue from the Smelting segment. Geographically It has a presence in Brazil, Peru, the United States of America, Switzerland, Japan, Argentina, South Korea, Colombia, Vietnam, Malaysia and other countries.
64GF Score

Get the complete analysis for FRA:NE0

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.50
Price
€7.48
GF Value