Nano Nuclear Energy Inc. (NASDAQ: NNE)

Sector: Industrials Industry: Specialty Industrial Machinery CIK: 0001923891
Market Cap 1.02 Bn
P/B 1.69
P/E -23.36
P/S 0.00
ROIC (Qtr) -13.02
Div Yield % 0.00
Rev 1y % (Qtr) 0.00
Total Debt (Qtr) 2.69 Mn
Debt/Equity (Qtr) 0.00
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About

Investment thesis

Bull case

  • Healthy cash reserves of 577.53M provide 1067.92x coverage of short-term debt 540801, demonstrating strong liquidity position and minimal refinancing risk.
  • Strong tangible asset base of 606.06M provides 225.62x coverage of total debt 2.69M, indicating robust asset backing and low credit risk.
  • Tangible assets of 606.06M provide robust 484.65x coverage of other current liabilities 1.25M, indicating strong asset backing.
  • Cash reserves of 577.53M provide robust 133.32x coverage of current liabilities 4.33M, indicating strong short-term solvency.
  • Strong cash position of 577.53M provides 461.84x coverage of other current liabilities 1.25M, indicating excellent liquidity.

Bear case

  • Investment activities of (17.02M) provide weak support for R&D spending of 19.94M, which is -0.85x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • The company's operating cash flow of (20.37M) shows concerning coverage of stock compensation expenses of 20.90M, with a -0.97 ratio indicating potential earnings quality issues.
  • Free cash flow of (30.27M) provides weak coverage of capital expenditures of 9.90M, with a -3.06 ratio suggesting additional external financing needs for growth initiatives.
  • Operating earnings of (43.47M) show weak coverage of depreciation charges of 878714, with a -49.47 ratio indicating high capital intensity and potential reinvestment needs.
  • High financing cash flow of 491.67M relative to working capital of 576.43M, which is 0.85x suggests concerning dependence on external funding for operational needs.

Peer comparison

Companies in the Specialty Industrial Machinery
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 GEV GE Vernova Inc. 224.93 Bn 194.57 6.14 0.00 Bn
2 ETN Eaton Corp plc 153.13 Bn 38.99 5.75 11.22 Bn
3 PH Parker-Hannifin Corp 135.87 Bn 165.29 12.09 9.87 Bn
4 EMR Emerson Electric Co 111.68 Bn 47.10 4.65 13.41 Bn
5 ITW Illinois Tool Works Inc 86.68 Bn 28.27 5.40 8.97 Bn
6 CMI Cummins Inc 82.13 Bn 28.89 2.44 7.55 Bn
7 AME Ametek Inc/ 53.79 Bn 36.34 7.27 2.28 Bn
8 ROK Rockwell Automation, Inc 43.80 Bn 44.24 5.11 3.68 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 1.34 2.28
EV to Cash from Ops. EV/CFO -40.01 37.14
EV to Debt EV to Debt 303.42 34.39
EV to EBIT EV/EBIT -18.75 27.71
EV to EBITDA EV/EBITDA -15.37 25.34
EV to Free Cash Flow [EV/FCF] EV/FCF -26.92 133.36
EV to Market Cap EV to Market Cap 0.80 1.04
EV to Revenue EV to Revenue 0.00 39.88
Price to Book Value [P/B] P/B 1.69 6.22
Price to Earnings [P/E] P/E -23.36 143.63
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Dividend Coverage Ratio 0.00 2.57
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 15.73
Dividend per Basic Share Div per Share (Qtr) 0.00 0.91
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 82.53
Interest Coverage Interest Coverage 0.00 12.34
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex 1y % (Qtr) -482.54 -45.99
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) 368.52 118.48
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 10.01
EBIAT Growth (1y) % EBIAT 1y % (Qtr) -263.74 -283.03
EBITDA Growth (1y) % EBITDA 1y % (Qtr) -325.63 -36.87
EBIT Growth (1y) % EBIT 1y % (Qtr) -263.74 -80.72
EBT Growth (1y) % EBT 1y % (Qtr) -263.74 -120.93
EPS Growth (1y) % EPS 1y % (Qtr) -163.41 -39.22
FCF Growth (1y) % FCF 1y % (Qtr) -146.12 85.55
Gross Profit Growth (1y) % Gross Profit Growth (1y) % 0.00 0.87
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.00 0.62
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.10
Cash Ratio Cash Ratio (Qtr) 133.32 3.01
Current Ratio Curr Ratio (Qtr) 134.06 4.97
Debt to Equity Ratio Debt/Equity (Qtr) 0.00 0.38
Interest Cover Ratio Interest Cover Ratio 0.00 12.34
Times Interest Earned Times Interest Earned 0.00 12.34
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % 0.00 -7,291.27
EBIT Margin % EBIT Margin % 0.00 -7,413.30
EBT Margin % EBT Margin % 0.00 -9,015.79
Gross Margin % Gross Margin % 0.00 -32.61
Net Profit Margin % Net Profit Margin % 0.00 -7,962.06