NexgenRx (TSXV:NXG) Tax Rate %: -2.37% (As of Jun. 2026)

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TSXV:NXG NexgenRx Inc TSXV:NXG
50 GF Score
Price C$0.61
GF Value C$0.33
Valuation Significantly Overvalued
! 3 Warning Signs
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What is NexgenRx Tax Rate %?

NexgenRx TSXV:NXG 50 Tax Rate % is -2.37% as of Jun. 2026. GuruFocus rates TSXV:NXG with a GF Score™ of 50/100 and a GF Value™ of C$0.33 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NexgenRx's Tax Expense for the three months ended in Jun. 2026 was C$-0.02 Mil. NexgenRx's Pre-Tax Income for the three months ended in Jun. 2026 was C$0.97 Mil. Therefore, NexgenRx's Tax Rate % for the quarter that ended in Jun. 2026 was -2.37%.

NexgenRx Tax Rate % Related Terms

NexgenRx Tax Rate % Historical Data

* Premium members only.

The historical data trend for NexgenRx's Tax Rate % 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.

NexgenRx Tax Rate % Chart

NexgenRx Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -99.90 117.16 -8.85 40.12 33.37

NexgenRx Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % 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 -6.95 -4.06 133.71 -1.91 -2.37
TSXV:NXG
50GF Score
NexgenRx Inc TSXV:NXG
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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NexgenRx Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

NexgenRx's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=0.646/1.936
=33.37 %

NexgenRx's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=-0.023/0.97
=-2.37 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -2.37% mean?
NexgenRx (TSXV:NXG) has a Tax Rate % of -2.37% as of Jun. 2026.
Is NexgenRx's Tax Rate % too high?
NexgenRx's current Tax Rate % is -2.37%. Overall, NexgenRx has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NexgenRx's Tax Rate % compare to VEEV and BTSG?
NexgenRx's Tax Rate % of -2.37% can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Healthcare Providers & Services company?
A good Tax Rate % depends on the Healthcare Providers & Services industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. NexgenRx's current Tax Rate % is -2.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NexgenRx stock overvalued right now?
Based on GuruFocus' analysis, NexgenRx (TSXV:NXG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.33, compared to a current price of C$0.61 — trading 84.8% above its estimated fair value. The current Tax Rate % is -2.37%. NexgenRx's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For NexgenRx (TSXV:NXG), the current Tax Rate % is -2.37% 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 NexgenRx (TSXV:NXG) Overvalued in 2026?

Based on GuruFocus' analysis, NexgenRx stock appears to be overvalued. The current stock price of C$0.61 is trading 84.8% above its estimated GF Value™ of C$0.33. GuruFocus considers NexgenRx to be Significantly Overvalued.

Key valuation signals for TSXV:NXG:

  • Tax Rate %: -2.37%
  • GF Value™: C$0.33 vs. price of C$0.61 (84.8% above fair value)
  • GF Score™: 50/100 with 3 warning signs

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

NexgenRx Business Description

Other Exchanges NEGXF:USA
Address 191 The West Mall, Suite 905, Toronto, ON, CAN, M9C 5L6
NexgenRx Inc administers, adjudicates, and pays drug, dental and other extended health-care claims for the beneficiaries of health benefit plans underwritten by its customers using proprietary computer software and also provides ancillary services. The various solutions offered by the company include: NexSys, a fully integrated rules-based adjudication platform for real-time processing of drug, dental, and extended health benefit claims; NexAdmin, which enables sponsors to take complete control of benefit plan administration; and NexPSPAssist, a service that helps Patient Support Programs (PSP) to optimize their deliverables to their manufacturer clients. The company has only one operating segment - benefits administration services.
50GF Score

Get the complete analysis for TSXV:NXG

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

C$0.61
Price
C$0.33
GF Value